Draper Triangle Ventures is a Pittsburgh based venture capital firm.

History

Draper Triangle is organized as a Limited Liability Company, created November 11, 1999 in Delaware and is registered as a foreign corporation with the Pennsylvania Department of State. Draper Triangle proports to be an early stage venture capital firm, focusing in the Midwest. The firm further notes that it has previously invested in companies including

toa technologies TOA Technologies is an American software company that provides software as a service-based field service management software and customer appointment scheduling solutions and services to enterprises worldwide. Headquartered in Beachwood, Ohio, th ...

(acquired by

Oracle An oracle is a person or agency considered to provide wise and insightful counsel or prophetic predictions, most notably including precognition of the future, inspired by deities. As such, it is a form of divination. Description The word '' ...

BodyMedia BodyMedia was a medical and consumer technology company headquartered in Pittsburgh, Pennsylvania. Incorporated in 1999, BodyMedia developed wearable body monitoring systems. In April 2013, BodyMedia was acquired by Jawbone for an estimated $100 ...

(acquired by Jawbone), CardioInsight (acquired by

Medtronic Medtronic plc is an American medical device company. The company's operational and executive headquarters are in Minneapolis, Minnesota, and its legal headquarters are in Ireland due to its acquisition of Irish-based Covidien in 2015. While it ...

), BitArmor (acquired by Trustwave), Renal Solutions (Acquired by

Fresenius Fresenius is a German surname. Notable people with the surname include: * Carl Remigius Fresenius (1818–1897), German chemist * Christian Fresenius (1749-1811), German Jurist and writer * Eduard Fresenius ( (1874–1946), German businessman, fou ...

), and

Carnegie Learning Carnegie Learning, Inc. is a provider of K-12 education solutions and services for math, literacy and ELA, world languages, and applied sciences. Carnegie Learning, Inc. is located in the Union Trust Building (Pittsburgh), Union Trust Building i ...

(acquired by

Apollo Group Apollo Education Group, Inc. is an American corporation based in the South Phoenix area of Phoenix, Arizona, with an additional corporate office in Chicago, Illinois. The company owns and operates several higher-learning institutions, including ...

Investment focus

Draper Triangle Ventures focuses on the following areas of investment: software as a service (SaaS), platform as a service (PaaS),

big data Though used sometimes loosely partly because of a lack of formal definition, the interpretation that seems to best describe Big data is the one associated with large body of information that we could not comprehend when used only in smaller am ...

, artificial intelligence, robotics,

IoT The Internet of things (IoT) describes physical objects (or groups of such objects) with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other com ...

augmented reality Augmented reality (AR) is an interactive experience that combines the real world and computer-generated content. The content can span multiple sensory modalities, including visual, auditory, haptic, somatosensory and olfactory. AR can be de ...

, healthcare IT.

Firm

Partners at the firm include Michael Stubler and Jay Katarincic. Draper Triangle invests in companies based primarily in Pittsburgh , Pennsylvania, Ohio, and Michigan.

Draper Venture Network

Draper Triangle is a member of the Draper Venture Network. The network provides access to the collective intelligence of 100+ investors and more than $3B invested in over 500 ventures around the world. Member funds include Draper Associates, Dalus Capital, Draper Athena, Draper Nexus, Wavemaker Partners, Draper Esprit, 3TS Capital Partners, and Wamda Capital.

References

{{DEFAULTSORT:Draper Triangle Companies based in Pittsburgh Financial services companies established in 1999 Venture capital firms of the United States 1999 establishments in Pennsylvania