Cointime

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

Investments
3

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 —
Cointime
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