Pennsylvania Business Report

Pittsburgh’s tech sector sees massive venture capital investment deals during 2024

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By Kim Riley  |  March 24, 2025

The technology sector in Pittsburgh experienced a record number of venture capital deals in 2024 demonstrating that the city’s tech economy remains resilient through waves of macroeconomic challenges, according to a new report released by Ernst & Young LLP and Innovation Works. The 13th annual report, entitled “Investment in Pittsburgh’s technology sector. Trends and highlights: 2015-24,” found that 182 companies secured investments last year, up 33.8 percent over 2023. “Vent...

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