Pittsburgh is proving to be a strong city for founders looking for capital. Local firms like Mountain State Capital and US Innovative Technology Fund have been busy, making around 30 and over 25 investments respectively.
With several active investors in the area, the main task is finding the one that fits your company. We've done the research to point you in the right direction.
Below is our list of the best 3 VC firms in Pittsburgh.
Failory's Top 3 Picks
Supporting companies from early to growth stages, US Innovative Technology Fund invests in technology with both commercial and defense applications. They focus on building a portfolio in sectors like artificial intelligence, logistics, space, and next-generation computing.
| Year Founded | 2022 |
| Founders | Thomas Tull |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 27 (15 as Lead Investor) |
| Nº of Exits | 1 |
| Contact | info@usitfund.com |
With a $50M fund, Black Tech Nation Ventures backs diverse founders at the early stage to help build wealth within underrepresented communities. The majority Black-owned firm invests in startups across enterprise software, healthcare, climate tech, fintech, and marketplaces.
| Year Founded | 2021 |
| Founders | David Motley, Kelauni Jasmyn, Sean Sebastian |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 12 (3 as Lead Investor) |
| Nº of Exits | — |
| Contact | info@btn.vc / 412-259-3637 |
Mountain State Capital provides early-stage risk capital to technology companies, focusing on high-growth startups in the Appalachian region and other underserved markets. The firm supports founders in B2B SaaS, marketplaces, and e-commerce with capital, connections, and coaching to help them grow.
| Year Founded | 2018 |
| Founders | Matt Harbaugh, Mike Green |
| Investment Stage | Convertible Note, Early Stage, Seed |
| Nº of Investments | 30 (3 as Lead Investor) |
| Nº of Exits | — |
| Contact | info@mountainstatecapital.com / (304) 594-2553 |
