Indicator Ventures

Indicator Ventures, established in 2013 and based in Boston, is an early-stage venture capital firm. It invests in exceptional founders developing technology that simplifies work, life, and wealth building, with a focus on software infrastructure and user accessibility in large industries. The firm manages multiple funds, including Indicator Ventures III (2022), and typically takes minority stakes in seed and early-stage companies across various technology sectors in the United States and Canada.

Geoff Bernstein

General Partner

Geoffrey Bernstein

Co-Founder and General Partner

Paul Njoroge

Analyst

Jonathan Struhl

Co-Founder and General Partner

Past deals in Gambling

EDGE Markets

Seed Round in 2025
EDGE Markets is a company focused on promoting responsible betting and enhancing the legal sports betting ecosystem. It operates a prepaid card that centralizes sportsbook deposits across multiple accounts, allowing users to manage their spending effectively. The card features daily, weekly, and monthly spending limits, which help users track their financial activity. Additionally, it offers a unique function that automatically shares transaction information with friends and sponsors, fostering transparency and encouraging informed decision-making. Through these tools, EDGE Markets aims to support responsible gambling practices and contribute to the growth of regulated sports betting.

EDGE Markets

Seed Round in 2024
EDGE Markets is a company focused on promoting responsible betting and enhancing the legal sports betting ecosystem. It operates a prepaid card that centralizes sportsbook deposits across multiple accounts, allowing users to manage their spending effectively. The card features daily, weekly, and monthly spending limits, which help users track their financial activity. Additionally, it offers a unique function that automatically shares transaction information with friends and sponsors, fostering transparency and encouraging informed decision-making. Through these tools, EDGE Markets aims to support responsible gambling practices and contribute to the growth of regulated sports betting.

Unikrn

Series A in 2015
Unikrn, Inc. operates an online e-sports betting platform that enables users to place bets on e-sports matches using Unikoins, a virtual currency specific to the platform in the United States, and real money in other parts of the world. Founded in 2014 and headquartered in Seattle, Washington, Unikrn provides a legal space for gamers to engage in betting on various games, competitions, and league matches. The platform also features a marketplace where users can utilize Unikoins to enter raffles for prizes such as gaming PCs, headsets, and other gaming-related items. With a network of gaming communities that spans over 100 countries, Unikrn aims to enhance the gaming experience for millions of users worldwide.

Unikrn

Seed Round in 2015
Unikrn, Inc. operates an online e-sports betting platform that enables users to place bets on e-sports matches using Unikoins, a virtual currency specific to the platform in the United States, and real money in other parts of the world. Founded in 2014 and headquartered in Seattle, Washington, Unikrn provides a legal space for gamers to engage in betting on various games, competitions, and league matches. The platform also features a marketplace where users can utilize Unikoins to enter raffles for prizes such as gaming PCs, headsets, and other gaming-related items. With a network of gaming communities that spans over 100 countries, Unikrn aims to enhance the gaming experience for millions of users worldwide.
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