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Urban Redevelopment Authority of Pittsburgh
AddedFeb 15, 2024
UpdatedJun 28, 2026
Urban Redevelopment Authority of Pittsburgh

Urban Redevelopment Authority of Pittsburgh

Operating

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

Location
Pittsburgh, PA, US
Founded
1946
Firm
Compare
Portfolio
Employees
Website

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

Total Investments16
Current Portfolio Count13
Total Portfolio Exits0

Top Investment Stages

Seed10 (62.5%)
Convertible Note3 (18.8%)
Pre-Seed1 (6.3%)
Series A1 (6.3%)
Series Unknown1 (6.3%)

Stage Mix

Seed 63%Convertible Note 19%Pre-Seed 6%Series A 6%Series Unknown 6%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Optimus Technologies logo

Optimus Technologies

Kloopify logo

Kloopify

Honeycomb Credit logo

Honeycomb Credit

Nanogriptech logo

Nanogriptech

Gridwise logo

Gridwise

Module logo

Module

Flexable logo

Flexable

TravelWits logo

TravelWits

Jetpack Workflow logo

Jetpack Workflow

Digital Dream Labs logo

Digital Dream Labs

Treatspace logo

Treatspace

Atmosferiq logo

Atmosferiq

Thread logo

Thread

Classification

NAICS
  • 520000Finance and Insurance
SIC
  • 6000Depository Institutions