Urban Redevelopment Authority of Pittsburgh ^Investor

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.