Locations

PITTSBURGH · PA, USA; Austin, TX, USA

Private financing in PITTSBURGH, aggregated from public sources.

$5.3B
Capital raised
413
Companies
923
Rounds
2005
First on record
2026-03-16
Latest round

Steady PITTSBURGH drew $319.4M over the last 12 months, up 18% versus the prior 12 ($271.3M). Of 400 companies rankable against same-niche peers, 27% model over-valued and 35% under-valued.

Capital flow over time

Quarterly capital raised in PITTSBURGH.

2008-Q1 · $737K2008-Q12008-Q2 · $2.8M2008-Q3 · $251K2008-Q4 · $5.7M2009-Q1 · $27.2M2009-Q2 · $39.5M2009-Q3 · $24.3M2009-Q4 · $10.5M2009-Q42010-Q1 · $49.3M2010-Q2 · $51.9M2010-Q3 · $228.9M2010-Q4 · $56.6M2011-Q1 · $13.4M2011-Q2 · $24.6M2011-Q3 · $75.7M2011-Q32011-Q4 · $41.5M2012-Q1 · $16.8M2012-Q2 · $34.0M2012-Q3 · $63.0M2012-Q4 · $92.4M2013-Q1 · $32.0M2013-Q2 · $111.6M2013-Q22013-Q3 · $42.8M2013-Q4 · $16.1M2014-Q1 · $80.2M2014-Q2 · $64.7M2014-Q3 · $298.9M2014-Q4 · $13.5M2015-Q1 · $204.1M2015-Q12015-Q2 · $39.5M2015-Q3 · $26.1M2015-Q4 · $50.2M2016-Q1 · $71.3M2016-Q2 · $89.7M2016-Q3 · $15.5M2016-Q4 · $36.3M2016-Q42017-Q1 · $63.5M2017-Q2 · $23.6M2017-Q3 · $102.4M2017-Q4 · $243.2M2018-Q1 · $37.0M2018-Q2 · $38.8M2018-Q3 · $48.1M2018-Q32018-Q4 · $259.2M2019-Q1 · $177.7M2019-Q2 · $29.3M2019-Q3 · $77.6M2019-Q4 · $169.8M2020-Q1 · $120.0M2020-Q2 · $43.1M2020-Q22020-Q3 · $10.2M2020-Q4 · $178.6M2021-Q1 · $73.1M2021-Q2 · $73.7M2021-Q3 · $64.0M2021-Q4 · $129.7M2022-Q1 · $61.3M2022-Q12022-Q2 · $144.2M2022-Q3 · $54.3M2022-Q4 · $90.2M2023-Q1 · $55.9M2023-Q2 · $62.6M2023-Q3 · $42.6M2023-Q4 · $76.0M2023-Q42024-Q1 · $50.1M2024-Q2 · $21.3M2024-Q3 · $26.3M2024-Q4 · $37.4M2025-Q1 · $13.7M2025-Q2 · $194.0M2025-Q3 · $42.8M2025-Q32025-Q4 · $263.9M2026-Q1 · $12.7M
Sector mix
SectorCompaniesRoundsCapital
Other Technology112326$1.4B
Other98147$1.1B
Biotechnology29135$984.4M
Manufacturing2342$394.7M
Other Health Care3980$301.3M
Robotics712$205.2M
Other Energy512$189.3M
Telecommunications218$129.4M
Top-funded companies
CompanySectorRaisedModeled value
Argo AI Holdings, LLCAI / ML$97.3M$4.0B
EDUCATION MANAGEMENT CorpOther$173.0M$3.0B
Petuum Holdings, Ltd.Other Technology$93.0M$2.9B
Knopp Neurosciences Inc.Biotechnology$72.9M$2.5B
NEP Group Holdings US Feeder, L.P.Other$124.3M$2.1B
Ppg Industries IncManufacturing$154.2M$1.8B
BlueSphere Bio, Inc.Biotech / Pharma$55.6M$1.5B
QoL meds Holding Company, LLCOther$84.0M$1.4B
Predictive Oncology Inc.Biotechnology$280.1M$1.3B
360fly, Inc.Other Technology$69.9M$1.2B
All Systems Holding LLCOther$70.0M$1.2B
Peptilogics, Inc.Biotechnology$40.9M$1.2B
NEP Group Holdings, Inc.Other$68.0M$1.2B
Niche.com, Inc.Other Technology$36.0M$1.1B
Gecko Robotics, Inc.Robotics$170.7M$999.1M
Duolingo, Inc.Other Technology$115.0M$942.0M
Roadrunner Recycling, Inc.Other Technology$174.3M$774.4M
Cohera Medical IncOther Health Care$73.4M$664.6M
Knopp Biosciences LLCBiotechnology$196.6M$519.8M
Idelic Inc.Other Technology$31.3M$473.7M
More in PA, USA; Austin, TX, USA

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Frequently asked
How much venture funding have companies in PITTSBURGH raised?
Companies based in PITTSBURGH have raised approximately $5.3B across 923 recorded financing rounds among 413 companies, aggregated from public sources.
Is startup funding in PITTSBURGH growing?
PITTSBURGH funding is currently steady: capital raised over the last 12 months was up 18% versus the prior 12 months.
What sectors are most active in PITTSBURGH?
The most active sectors in PITTSBURGH by recorded financing are Other Technology, Other, Biotechnology, Manufacturing. See the sector mix table for company and round counts.
Which are the most-funded companies in PITTSBURGH?
The most-funded PITTSBURGH companies in our coverage include Argo AI Holdings, LLC, EDUCATION MANAGEMENT Corp, Petuum Holdings, Ltd., Knopp Neurosciences Inc., NEP Group Holdings US Feeder, L.P.. See the ranked table for disclosed capital and modeled valuations.
PITTSBURGH startup funding — $5.3B raised · Provath