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Urban Redevelopment Authority of Pittsburgh Government Agency Profile - aVenture Research

Government Agencies/

Urban Redevelopment Authority of Pittsburgh

Urban Redevelopment Authority of Pittsburgh

Founded in 2010, URA is a tech-focused investment entity in Pittsburgh, bridging funding gaps and fostering job creation.

: 127
: Operating

1946

Pittsburgh, PA, US🇺🇸United States

The Urban Redevelopment Authority of Pittsburgh (URA) is a technology-focused investment entity that supports early-stage companies in Pittsburgh. Founded in 2010 in partnership with the city government, URA primarily invests in seed and early investment rounds through convertible notes. Their strategy involves filling funding gaps and enabling other investors to take the lead, with investments contingent on job creation in Pittsburgh.

URA's portfolio includes notable companies such as Gridwise, Honeycomb Credit, and Optimus Technologies. The organization aims to build inclusive wealth and transform Pittsburgh through mutually beneficial partnerships. URA's investment philosophy emphasizes not just project development, but also community growth and economic transformation, aligning with their mission to foster a thriving, innovative ecosystem in Pittsburgh.

Classification

Headquarters: 200 Ross St
Pittsburgh, PA, 15219
US

NAICS: 52Finance and InsuranceEdition: 2022
SIC: 60

Depository InstitutionsEdition: 1987

Industry

Financial Services Companies

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