# Investors based in Pittsburgh (2026 list) > 161 investors based in Pittsburgh, 5% active in the last 12 months. Led by Innovation Works, AlphaLab, Birchmere Ventures. Ranked by what they funded. Source: https://millionrounds.com/lists/investors-based-in-pittsburgh (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors based in Pittsburgh Updated 7 November 2026 Firms with an address in Pittsburgh. A head office is a fact about the firm; where it invests is on its own page. [See all 161 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-pittsburgh)The top 25 **161** investors on the list No change this week **33** cheques in 12 months *+24%* against the market **$6.8M** median round they joined *-15%* against the market median **5%** wrote a cheque in 12 months **2%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (6) - 1 [Innovation Works](https://millionrounds.com/fund/innovation-works) *Deploying now* Government · United States **321** **$972K** median round **Sept 2026** last seen - 2 [AlphaLab](https://millionrounds.com/fund/alpha-labs-accelerator-incubator) *Deploying now* Accelerator · United States **90** **$15M** median round **Jun 2026** last seen - 3 [Birchmere Ventures](https://millionrounds.com/fund/birchmere-ventures) quiet VC firm · United States **72** **$6.7M** median round **Sept 2019** last seen - 4 [Draper Triangle](https://millionrounds.com/fund/draper-triangle) quiet VC firm · United States **36** **$5M** median round **May 2019** last seen - 5 [Pittsburgh Life Sciences Greenho](https://millionrounds.com/fund/pittsburgh-life-sciences-greenhouse) quiet Accelerator · United States **34** **$200K** median round **Jun 2014** last seen - 6 [Richard King Mellon Foundation](https://millionrounds.com/fund/richard-king-mellon-foundation) *Deploying now* Private equity · United States **30** **$408K** median round **Sept 2026** last seen - 7 [EQT](https://millionrounds.com/fund/eqt-2) quiet Private equity · United States **25** **$54M** median round **Feb 2015** last seen - 8 [BlueTree Allied Angels](https://millionrounds.com/fund/bluetree-allied-angels) quiet Angel network · United States **15** **$7M** median round **Jun 2019** last seen - 9 [Accelerator Fund](https://millionrounds.com/fund/plsg-accelerator-fund) quiet VC firm · United States **8** **$848K** median round **Sept 2015** last seen - 10 [Riverfront Ventures](https://millionrounds.com/fund/riverfront-ventures) *Deploying now* VC firm · United States **8** **$10M** median round **Feb 2026** last seen - 11 [US Innovative Technology](https://millionrounds.com/fund/us-innovative-technology) *Deploying now* Private equity · United States **8** **$343M** median round **Oct 2026** last seen - 12 [Sustainable Technologies Fund](https://millionrounds.com/fund/sustainable-technologies-fund) quiet Investment firm · United States **7** **$6.3M** median round **Jun 2011** last seen - 13 [Pittsburgh Equity Partners](https://millionrounds.com/fund/pittsburgh-equity-partners) quiet Angel network · United States **5** **$1.6M** median round **Aug 2014** last seen - 14 [LaunchCyte](https://millionrounds.com/fund/launchcyte) dormant Investment firm · United States **4** **$10M** median round **Jan 2008** last seen - 15 [PNC](https://millionrounds.com/fund/pnc) quiet Corporate VC · United States **3** **$40M** median round **Apr 2015** last seen - 16 [SEA Ventures](https://millionrounds.com/fund/sea-ventures) quiet VC firm · United States **3** **$16M** median round **Sept 2013** last seen - 17 [UPMC Enterprises](https://millionrounds.com/fund/upmc-enterprises) quiet VC firm · United States **3** **$23M** median round **Nov 2019** last seen - 18 [iNetworks](https://millionrounds.com/fund/inetworks) quiet Private equity · United States **3** **$11M** median round **Jan 2014** last seen - 19 [ABG Capital](https://millionrounds.com/fund/abg-capital) quiet Growth equity · United States **2** **$220M** median round **Apr 2015** last seen - 20 [Incline Equity Partners](https://millionrounds.com/fund/incline-equity-partners) quiet Private equity · United States **2** **-** median round **Apr 2015** last seen - 21 [LifeX Ventures](https://millionrounds.com/fund/lifex) *Deploying now* VC firm · United States **2** **$12M** median round **Jun 2026** last seen - 22 [412 Venture Fund](https://millionrounds.com/fund/412-venture-fund-lp) quiet VC firm · United States **1** **$2M** median round **Oct 2024** last seen - 23 [AlphaLab Gear](https://millionrounds.com/fund/alphalab-gear) quiet Accelerator · United States **1** **$50K** median round **Sept 2014** last seen - 24 [BlueTree VC](https://millionrounds.com/fund/bluetree-vc) quiet VC firm · United States **1** **$5.5M** median round **Sept 2017** last seen - 25 [F.N.B. Corp.](https://millionrounds.com/fund/f-n-b-corp) quiet Corporate VC · United States **1** **-** median round **Jan 2015** last seen **136 more on this list** All 161 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-pittsburgh) ## The Newest Cheques Rounds this list's investors joined most recently - **27** Oct **[Bedrock Robotics](https://millionrounds.com/company/bedrock-robotics)** Series C · $600M *With* [US Innovative Technology](https://millionrounds.com/fund/us-innovative-technology) - **9** Oct **[Oxide](https://millionrounds.com/company/oxide)** Series D+ · $445M *With* [US Innovative Technology](https://millionrounds.com/fund/us-innovative-technology) - **8** Sept **[Stoke Space Technologies](https://millionrounds.com/company/stoke-space-technologies)** $1B *With* [US Innovative Technology](https://millionrounds.com/fund/us-innovative-technology) - **1** Sept **[PittMoss](https://millionrounds.com/company/pittmoss)** Venture · $1.2M *With* [Innovation Works](https://millionrounds.com/fund/innovation-works) - **1** Sept **[Frontline Gig](https://millionrounds.com/company/frontline-gig)** Pre-seed · $250K *With* [Richard King Mellon Foundation](https://millionrounds.com/fund/richard-king-mellon-foundation) - **1** Sept **[CorePower Magnetics](https://millionrounds.com/company/corepower-magnetics)** Seed · $11M *With* [Innovation Works](https://millionrounds.com/fund/innovation-works) ## Stages This Year 28 rounds - Venture **29%** - Seed **21%** - Series A **11%** - Series C **11%** - Grant **7%** - Other **21%** ## What They Backed Sectors, last 12 months - AI **5** - Construction **3** - Manufacturing **3** - Healthcare **3** - Biotech **3** - Robotics **3** ## Cheques by Quarter Led Joined 6 Q1 25 4 Q2 25 7 Q3 25 12 Q4 25 8 Q1 26 9 Q2 26 12 Q3 26 2 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Investors based in London 4,496](https://millionrounds.com/lists/investors-based-in-london) - [Investors based in CA 3,746](https://millionrounds.com/lists/investors-based-in-ca) - [Investors based in NY 3,658](https://millionrounds.com/lists/investors-based-in-ny) - [Investors based in WA 2,473](https://millionrounds.com/lists/investors-based-in-wa) - [Investors based in San Francisco 2,377](https://millionrounds.com/lists/investors-based-in-san-francisco) - [Investors based in TX 2,250](https://millionrounds.com/lists/investors-based-in-tx) - [Investors based in Dubai 1,922](https://millionrounds.com/lists/investors-based-in-dubai) - [Investors based in Los Angeles 1,261](https://millionrounds.com/lists/investors-based-in-los-angeles) - [Investors based in Chicago 1,255](https://millionrounds.com/lists/investors-based-in-chicago) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about investors based in Pittsburgh ### Who are the most active investors based in Pittsburgh? By cheques observed, the most active are Innovation Works, AlphaLab, Birchmere Ventures, Draper Triangle and Pittsburgh Life Sciences Greenho. ### How many investors based in Pittsburgh are there? 161 are on record. 5% made an investment in the last 12 months and 2% have led a round. ### Which stages do investors based in Pittsburgh back? Of the rounds with a named stage in the last 12 months, mostly Seed (33%) and Series A (17%). ### How big are the rounds investors based in Pittsburgh join? The typical (median) round among the leading investors here is $7M. ### Which sectors do investors based in Pittsburgh back most? In the last 12 months, mostly AI, Construction and Manufacturing. ### Which investors based in Pittsburgh lead the most rounds? US Innovative Technology (4 led) and Draper Triangle (1 led). ### What have investors based in Pittsburgh invested in recently? Recent rounds include Bedrock Robotics (Series C, Oct 2026, with US Innovative Technology), Oxide (Series D+, Oct 2026, with US Innovative Technology) and Stoke Space Technologies (Sept 2026, with US Innovative Technology). ### How is this list of investors based in Pittsburgh ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)