Urban Redevelopment Authority of Pittsburgh - aVenture Asset Manager Research
Location
Pittsburgh, PA, US
Founded
1946
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.
Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
