412 Venture Fund

412 Venture Fund is a Pittsburgh-based venture capital firm that provides equity financing and hands-on mentorship to early-stage technology companies. The firm focuses on supporting underrepresented entrepreneurs and startups with regional ties to the local ecosystem, though it maintains a broad nationwide investment mandate to drive economic growth. Operating with a targeted $20 million fund, the organization typically writes initial investment checks ranging from $250,000 to $500,000 for its portfolio companies. By early 2021, the firm had successfully raised $10 million in capital from limited partners and subsequently executed 12 investments across 10 different startups. The investment team features several notable industry professionals, including Managing Partner Ilana Diamond, Principal Davit Davitian, and former Drive Capital partner Rezzan. 412 Venture Fund was founded in 2019 by general partners Andrew Rabin and Evan Segal.