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Urban Redevelopment Authority of Pittsburgh
company
About
Venture capital fund dedicated to economic development and job creation in the city of Pittsburgh
- 101 - 250
Highlights
Details
- Founded date
- Jan 1, 2010
- Number Of Employee
- 101 - 250
- Operating Status
- Active
- Investor Type
- Government Office,MVC,Venture Capital
Founded in 2010 in partnership with the Pittsburgh City Government, the URA focuses on technology focused companies based in Pittsburgh. The URA's sole investment vehicle is the convertible note and the URA invests primarily in seed and early investment rounds. The goal of the URA is not to provide the bulk of an investment, but to fill gaps in funding, allowing other investors to take the lead. The URA requires jobs be created in Pittsburgh, scaled based on the size of the investment, and looks to invest in companies with high growth potential.
Investments
Number of Investments
Number of Lead Investments
3
0
Urban Redevelopment Authority of Pittsburgh has made 3 investments. Their most recent investment was on
Mar 15, 2021, when Honeycomb Credit raised $1.75M.
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Mar 15, 2021
Honeycomb Credit
|
Seed | $1.75M | Finance | — |
|
May 16, 2016
Jetpack Workflow
|
Seed | $500K | Accounting | — |
|
Nov 21, 2013
Thread
|
Seed | $700K | Advanced Materials | — |
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