Assets Within a Day’s Drive or 500-mile/806-kilometer Radius
The development of a region’s entrepreneurial critical mass depends on the availability of two key resources: investment capital and business development support services. Venture capital (VC) is a key component of investment resources and the Pittsburgh region has recently seen significant increases in the levels of funding that VC firms have provided to local start-up companies and entrepreneurs. In fact, since 2000, Pittsburgh Region firms have received over $2 billion in venture capital funding. Venture capital in Pittsburgh is being invested across a diverse range of industry sectors, with concentrations in bio-technology, software and Internet-related ventures. To be close to where they have invested their money and to nurture their investments, several venture capital firms have recently joined the list of Pittsburgh-based VC firms and have moved into the region.
Adams Capital Management, Inc.
500 Blackburn Avenue
Sewickley, PA 15143
412.749-9454
Web site
Preferred Investment Range: $1 Mil to $30 Mil
Capital Under Management: $700 Mil
Armstrong Partners
625 Stanwix Street, Suite 1706
Pittsburgh, PA 15222
412.471.1151
Capital Under Management: $20 Mil
Birchmere Ventures, Inc.
One North Shore Center, 12 Federal Street, Suite 201
Pittsburgh, PA 15212
412.332.3300
Web site
Preferred Investment Range: $500,000 to $5 Mil
Capital Under Management: $160 Mil
Blue Tree Capital Group
190 Guckert Lane
Wexford, PA 15090
724.699.1076
Web site
Preferred Investment Range: $200,000 or more
C&L Ventures
1910 Cochran Road
Pittsburgh, PA 15220
412.341.1144
Capital Under Management: Under $4 Mil
Commonwealth Capital Group
850 Ridge Avenue
Pittsburgh, PA 15212
412.332.8550
Web site
Preferred Investment Range: $5 Mil to $25 Mil
Capital Under Management: $20 Mil
Constitution Capital Corp.
One Mellon Center, 500 Grant Street, 50th Floor
Pittsburgh, PA 15219
412.454.5848
Preferred Investment Range: $5 Mil to $10 Mil
Capital Under Management: $60 Mil
Cornerstone Capital Advisors
603 Stanwix Street, Suite 348
Pittsburgh, PA 15222
412.263.2870
Web site
Preferred Investment Range: $500,000 to $1.5 Mil
Capital Under Management: $12 Mil
Draper Triangle Ventures, LP
2 Gateway Center, 20th Floor
Pittsburgh, PA 15222
412.288.9800
Web site
Preferred Investment Range: $500,000 to $2 Mil
Capital Under Management: $120 Mil
Eagle Ventures
400 South Highland Avenue
Pittsburgh, PA 15206
412.683.3400
Web site
Capital Under Management: $11 Mil
The Future Fund
215 South Main Street, Suite 1
Zelienople, PA 16063
724.453.3890
Web site
Preferred Investment Range: $100,000 to $250,000
Capital Under Management: $10 Mil
Global Value Ventures LLC
100 1st Avenue, #900
Pittsburgh, Pa 15222
Web site
Preferred Investment Range: $100,000 to $500,000
Capital Under Management: $5 Mil
Griffin Group Partners
308 Schenley Road
Pittsburgh, PA 15217
412.681.7030
Preferred Investment Range: $10,000 to $250,000
Capital Under Management: $2 Mil
Huron Capital Partners
225 Ross Street, 4th Floor
Pittsburgh, PA 15219
412.201.7040
Web site
Preferred Investment Range: $5 Mil to $40 Mil
Capital Under Management: $257 Mil
iNetworks Advisors
Times Building, 336 Fourth Avenue, 3rd Floor
Pittsburgh, PA 15222
412.281.1060
Web site
Preferred Investment Range: $250,000 to $5 Mil
Capital Under Management: $37.5 Mil
Innovation Works, Inc.
2000 Technology Drive, Suite 250
Pittsburgh, PA 15219
412.681.1520
Web site
Preferred Investment Range: $100,000 to $1 Mil
Capital Under Management: $30 Mil
Lancet Capital
100 Technology Drive, Suite 200
Pittsburgh, PA 15219
412.471.7101
Web site
Preferred Investment Range: Up to $20 Mil
Capital Under Management: $60 Mil
LaunchCyte, LLC
100 Technology Drive, Suite 440
Pittsburgh, PA 15219
412.770.1630
Web site
Main Street Capital Holdings, LLC
Southpointe, 1001 Corporate Drive, Suite 200
Canonsburg, PA 15317
724.743.5650
Web site
Preferred Investment Range: $10 Mil to $125 Mil
Capital Under Management: $50 Mil
Mellon Ventures, Inc.
One Mellon Center, Suite 5210
Pittsburgh, PA 15258
412.236.3594
Web site
Capital Under Management: $1.4 Bil
Nimick Company
P.O. Box 672
Pittsburgh, PA 15230
412.562.0333
Preferred Investment Range: $25,000 to $100,000
PA Early Stage Partners
100 Technology Drive, Suite 400
Pittsburgh, PA 15219
412.770.1636
Web site
Preferred Investment Range: $100,000 to $2 Mil
Capital Under Management: $240 Mil
Pennsylvania Growth Fund
5850 Ellsworth Avenue, Suite 303
Pittsburgh, PA 15232
412.661.1000
Preferred Investment Range: $100,000 to $1.1 Mil
Capital Under Management: $3.5 Mil
Pi Capital Group, LLC
7430 Liberty Avenue, 2nd Floor
Pittsburgh, PA 15224
412.681.8652
Web site
PNC Equity Management Corp.
One PNC Place, 249 Fifth Avenue, 8th Floor
Pittsburgh, PA 15222
412.762.2238
Web site
Preferred Investment Range: $10 Mil to $30 Mil
Capital Under Management: $996 Mil
Point Management Group
The Century Building, 130 Seventh Street, 4th Floor
Pittsburgh, PA 15222
412.261.1966
Preferred Investment Range: $200,000 to $2 Mil
Capital Under Management: $19.3 Mil
Robinson Venture Partners
6507 Wilkins Avenue, Suite 201
Pittsburgh, PA 15217
412.661.1200
Preferred Investment Range: $25,000 to $300,000
Capital Under Management: over $5 Mil
Stonewood Capital Management
Three Gateway Center, 13 East
Pittsburgh, PA 15222
412.391.0300
Preferred Investment Range: $100,000 to $2 Mil
Summa VentureWorks
US Steel Tower, 600 Grant Street, 53rd Floor
Pittsburgh, PA 15222
412.258.3300
Web site
Preferred Investment Range: $50,000 to $2 Mil
Capital Under Management: $4 Mil
TA Associates
Union Trust Building, 501 Grant Street, Suite 433
Pittsburgh, PA 15219
412.441.4949
Web site
Capital Under Management: $6 Bil
Western Pennsylvania Adventure Capital Fund
Scott Towne Center, 2101 Greentree Road, Suite A-113
Pittsburgh, PA 15220
412.279.1760
Web site
Preferred Investment Range: $100,000 to $200,000
Capital Under Management: $5 Mil
Source: Pittsburgh Regional Alliance | Last Updated: August 30, 2006
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