Pioneer Square Labs

ActiveVenture Capital

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Updated: Jan 22, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Sep 1, 2025	Tin Can	$4.0M Seed	—	Victor Noguera, Evan Moore
Aug 1, 2025	Neurvona	$600K Seed	—	Acequia Capital, Also Capital, Alumni Ventures, Andreessen Horowitz, Boost VC, Champion Hill Labs, Rachel Slaybaugh, Draper Associates, Founders Fund, Tribe Capital, Union Square Ventures, Charlie Songhurst, Jeff Hammerbacher, Justin Mateen, Kevin Lin, Tom McInerney
Jun 1, 2025	Runwise	$30.0M Series B	—	Alumni Ventures, DataPower Ventures, Draper Associates, ff Venture Capital, Fifth Wall, F-Prime Capital Partners, Magma Partners, Menlo Ventures, Rubicon VC, Silence, SOJA Ventures, Space Capital, Spark Capital, Jeff Hammerbacher
May 1, 2025	Rover	$4.0M Seed	—	A Capital, Bankless Ventures, Foundry Group, Gigafund, K2 Global, Menlo Ventures, Plug & Play Ventures, Radical Ventures, Sound Ventures, Anil Dharni, Megan Quinn
May 1, 2025	Inductive Bio	$25.0M Series A	—	Alumni Ventures, Bain Capital Ventures, Draper Associates, Madrona Ventures, Allison Pickens (Allison Pickens Ventures), Marc Benioff
Apr 1, 2025	Potato	$7.0M Seed	—	ACME Capital, Alumni Ventures, Cowboy Ventures, Draper Associates, Floodgate, Generative Ventures, Hustle Fund, LGF, Lightbank, Maveron, Preface Ventures, Silicon Valley Connect, Stash Ventures, The Fintech Fund, Viola Ventures, Working Capital Fund, Gloria Baeuerlein, Jeff Hammerbacher, Justin Mateen, Koen Bok, Paul Veugen, Russell Smith, Sean Behr, Shervin Pishevar, Stewart Butterfield, Tuomas Artman
Jan 1, 2025	Justpoint	$45.0M Series A	—	Lightbank, Right Side Capital Management, 01 Advisors, 9Yards Capital, AAF Management Ltd., Afore Capital, AirAngels, Akshay Kothari, Ali Moiz, Andreessen Horowitz, Antiportfolio Ventures, Backed VC, Basecamp Fund, Basecase Capital, Bradley Horowitz, Brainchild, Brendan O'Driscoll, Chris Smoak, CrunchFund, Divergent Capital, Evan Cheng, Factorial, Flybridge Capital Partners, Founder Collective, George Burke, Hoxton Ventures, Incisive Ventures, KW Angel Fund, LGF, Long Journey Ventures, Mario Gabriele, Matteo Franceschetti, Matthew Dellavedova, Moshe Lifschitz, Scott Banister, Scott Belsky, Shrug Capital, Stellation Capital, Supernode Ventures, Symbolic Capital, Todd and Rahul's Angel Fund, Uncork Capital, Vivek Garipalli, VZVC, Wave Capital, Weekend Fund, What If Ventures
Aug 1, 2024	Levels	$10.0M Series A	—	01 Advisors, AAF Management Ltd., AirAngels, Andreessen Horowitz, Backed VC, Basecamp Fund, Brainchild, CrunchFund, Founder Collective, Frst, Highbury Group, IDInvest Partners, Incisive Ventures, Khosla Ventures, KW Angel Fund, Long Journey Ventures, Redpoint Ventures, Shrug Capital, Stellar Capital, Supernode Ventures, Todd and Rahul's Angel Fund, VZVC, Wave Capital, What If Ventures, Bradley Horowitz, Brendan O'Driscoll, Mario Gabriele, Matteo Franceschetti, Matthew Dellavedova, Moshe Lifschitz, Scott Banister
Aug 1, 2024	Slingshot AI	$30.0M Seed	—	01 Advisors, 11, 1984 Ventures, AAF Management Ltd., AirAngels, AIX Ventures, American Express Ventures, Andreessen Horowitz, Backed VC, Basecamp Fund, Bessemer Venture Partners, Bling Capital, Brainchild, CrunchFund, E1 Ventures, Felicis Ventures, First Round Capital, Forerunner Ventures, Founder Collective, Future Shape, General Catalyst, GIT1K, Health Velocity Capital, Icebreaker.vc, Incisive Ventures, Innovation Endeavors, K2 Global, KW Angel Fund, Left Lane Capital, Lerer Hippeau, Lightspeed Venture Partners, Long Journey Ventures, Lux Capital, Maven Ventures, Original Capital, sequel, Sequoia Capital, Shrug Capital, Social Capital, Solana Ventures, Soma Capital, Supernode Ventures, Swift Ventures, The House Fund, Todd and Rahul's Angel Fund, Tribe Capital, VZVC, Wave Capital, What If Ventures, Y Combinator, Adeel Hussain, Anne Wojcicki, Bradley Horowitz, Brendan O'Driscoll, Chris Eyre, Cory Levy, David J. Phillips, Deborah Liu, Gokul Rajaram, Liu Jiang, Manuel Bronstein, Mario Gabriele, Markus Villig, Matteo Franceschetti, Matthew Dellavedova, Mattia Astori, Mei Z., Michael Stoppelman, Mo El-Bibany, Moshe Lifschitz, Nate Matherson, Nitay Joffe, Paul Graham, Sam Altman, Scott Banister, Siddharth Singhal, Timothy A. Springer
Apr 1, 2024	TrojAI	$6.0M Seed	—	Digital Currency Group, Earl Grey Capital, Felicis Ventures, Flybridge, Flying Fish Partners, Hannah Grey, Khosla Ventures, Saga, SNR, The Community Fund, Dharmesh Shah, Frederic Kerrest
Mar 1, 2024	Enzzo	$3.0M Seed	—	DocuSign, Mana Ventures, Maven Ventures, Pioneer Fund, SilverCircle, Theory Forge Ventures, Trajectory Ventures, Unlock Venture Partners, Untapped Capital, Eric Ries, Noah Sidman-Gale
Aug 1, 2023	Olis Robotics	$4.0M Venture Round	—	Pack Ventures
Jun 1, 2023	Olis Robotics	$2.0M Seed	—	Pack Ventures
Jun 1, 2023	Panda AI	$760K Seed	—	Court Lorenzini
May 1, 2023	Redbeard Ventures	$25.0M Venture Round	—	01 Advisors, AAF Management Ltd., AirAngels, Andreessen Horowitz, Backed VC, Basecamp Fund, Brainchild, CrunchFund, Founder Collective, Incisive Ventures, KW Angel Fund, Long Journey Ventures, Menlo Ventures, Shrug Capital, Supernode Ventures, Todd and Rahul's Angel Fund, VZVC, Wave Capital, What If Ventures, Bradley Horowitz, Brendan O'Driscoll, Mario Gabriele, Matteo Franceschetti, Matthew Dellavedova, Moshe Lifschitz, Scott Banister
Mar 1, 2023	Felix&Fido	$4.0M Seed	—	Alex Tang
Jan 1, 2023	XetHub	$8.0M Seed	—	Addition, Hyde Park Venture Partners, Liquid 2 Ventures, Madrona Ventures, Unlock Venture Partners, Kevin Nazemi, Sujal Patel
Jan 1, 2023	Broadcast	$2.0M Seed	—	AirAngels, Andreessen Horowitz, Atomico, Blackbird Ventures Australia, Broadway Angels, Cool Climate Collective, Craft Ventures, DFJ, Elephant Partners, Essence VC, Victor Noguera, Felicis Ventures, Flex Capital, Flybridge Capital Partners, Ganas Ventures, LGF, Montauk Ventures, Oak HC/FT, Octopus Ventures, Otherwise Fund, Polymath Capital Partners, Primary Venture Partners, Prototype Capital, Red Beard Ventures, Seed Club Ventures, Sequoia Capital, Shasta Ventures, SRB Ventures, Tiger Global Management, Trajectory Ventures, Tribe Capital, Vibe Capital, XYZ Venture Capital, Y Combinator, Akshay Kothari, Alex Pattis, Andrew Gazdecki, Ashish Agrawal, Ben Lang, Ben Tossell, Bill Gates, Casey Neistat, Daniel Pourasghar, David Peterson, Dylan Field, Elad Gil, Eric Wu, Evan Moore, Gina Bianchini, Julia DeWahl, Julian Shapiro, Kunal Shah, Mathilde Collin, Mike Vernal, Neil Parikh, Nkechi Iregbulem, Peter Beck, Peter Kazanjy, Richard Laxer, Sahin Boydas, Sam Corcos, Sri Batchu, Zachary Sims
Jan 1, 2023	Levels	$7.0M Series A	—	01 Advisors, AAF Management Ltd., AirAngels, Andreessen Horowitz, AngelList, Backed VC, Basecamp Fund, Brainchild, Buckley Ventures, CrunchFund, Ali Tamaseb, Divergence Ventures, Founder Collective, Future Ventures, Greylock, Helium-3 Ventures, Incisive Ventures, KW Angel Fund, Liquid 2 Ventures, Long Journey Ventures, Quiet Capital, Rivet Ventures, Scale Asia Ventures, Shrug Capital, Solana Ventures, Supernode Ventures, Todd and Rahul's Angel Fund, Unruly Capital, UpHonest Capital, VZVC, Wave Capital, What If Ventures, Y Combinator, YLEM, Arash Ferdowsi, Aston Motes, Augusto Marietti, Bradley Horowitz, Brendan O'Driscoll, Dylan Field, Howie Liu, Immad Akhund, Jack Smith, Mario Gabriele, Matt Bellamy, Matteo Franceschetti, Matthew Dellavedova, Moshe Lifschitz, Paul McKellar, Scott Banister, Sumon Sadhu
Dec 1, 2022	Vaultree	$13.0M Series A	—	01 Advisors, AAF Management Ltd., AirAngels, Andreessen Horowitz, Backed VC, Basecamp Fund, Brainchild, CrunchFund, Founder Collective, Incisive Ventures, KW Angel Fund, Long Journey Ventures, Shrug Capital, Supernode Ventures, Todd and Rahul's Angel Fund, VZVC, Wave Capital, What If Ventures, Bradley Horowitz, Brendan O'Driscoll, Mario Gabriele, Matteo Franceschetti, Matthew Dellavedova, Moshe Lifschitz, Scott Banister
Dec 1, 2022	lockr	$3.0M Seed	—	01 Advisors, 040 Capital, AAF Management Ltd., AirAngels, Alchemy Ventures, Alpaca VC, Andreessen Horowitz, Archetype, Backed VC, Basecamp Fund, Blockchain.com Ventures, Brainchild, CrunchFund, Matt Ocko, FJ Labs, Flashpoint VC, Founder Collective, Founders Fund, Gaingels, Grit Capital Partners, Hack VC, Incisive Ventures, Khosla Ventures, KW Angel Fund, LAUNCHub Ventures, Lavrock Ventures, Lightbank, Lightspeed Venture Partners, Long Journey Ventures, MarsBio, Mosaic Ventures, Offline Ventures, Palisades Growth Capital, Play Ventures, Presight Capital, Shrug Capital, SOSV, Supernode Ventures, Tekton Ventures, Todd and Rahul's Angel Fund, Tuesday Capital, Union Square Ventures, VZVC, Wave Capital, What If Ventures, Zag Capital, Ahikam Kaufman, Alex Pack, Anastasia Andrianova, Bradley Horowitz, Brendan O'Driscoll, Eric Seufert, Erik Matlick, Esther Dyson, Fernando Martinelli, Mario Gabriele, Matteo Franceschetti, Matthew Dellavedova, Moshe Lifschitz, Scott Banister, Stani Kulechov, Tim Kendall
Nov 1, 2022	DataBrain	$500K Seed	—	01 Advisors, AAF Management Ltd., AirAngels, Andreessen Horowitz, Backed VC, Basecamp Fund, Brainchild, CrunchFund, Founder Collective, Incisive Ventures, KW Angel Fund, Long Journey Ventures, Shrug Capital, Supernode Ventures, Todd and Rahul's Angel Fund, VZVC, Wave Capital, What If Ventures, Bradley Horowitz, Brendan O'Driscoll, Gerald Parloiu, Justin Mateen, Kevin Lin, Mario Gabriele, Matteo Franceschetti, Matthew Dellavedova, Moshe Lifschitz, Scott Banister
Sep 1, 2022	TrovaTrip	$15.0M Series A	—	01 Advisors, AAF Management Ltd., Acequia Capital, AirAngels, Andreessen Horowitz, Backed VC, Basecamp Fund, Brainchild, CrunchFund, Element Partners, Founder Collective, Incisive Ventures, KW Angel Fund, Long Journey Ventures, Madrona Ventures, Shrug Capital, Supernode Ventures, Todd and Rahul's Angel Fund, VZVC, Wave Capital, What If Ventures, Bradley Horowitz, Brendan O'Driscoll, Charlie Songhurst, Mario Gabriele, Matteo Franceschetti, Matthew Dellavedova, Moshe Lifschitz, Scott Banister
Sep 1, 2022	Remento	$3.0M Seed	—	Entrada Ventures, H.I.G. Capital, Highland Capital Partners, Khosla Ventures, Mana Ventures, Maven Ventures, Rincon Venture Partners, SilverCircle, TCV, Trajectory Ventures, Upfront Ventures, Dave Balter, Mark Cuban
Sep 1, 2022	Tin Can	$2.0M Seed	—	Altair Capital Management, Andreessen Horowitz, Antler, Victor Noguera, Everywhere Ventures (The Fund), Foundamental, Fuel Ventures, Hoxton Ventures, Iterative, Madrona Ventures, Polygon, Uncorrelated Ventures, Balaji Srinivasan, Evan Moore, Prashant Malik, Surojit Chatterjee, Tony Jamous, Will Martin

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Pioneer Square Labs.

Leadership Team

Key people at Pioneer Square Labs.

Deep Dive

Pioneer Square Labs (PSL) is a Seattle-based startup studio and venture capital fund founded in 2015 that partners with entrepreneurs to create, launch, and scale early-stage technology startups. Its mission is to build the next generation of world-changing companies by combining exceptional founders, innovative ideas, and capital. PSL operates through two main arms: PSL Studio, which develops new companies from scratch, and PSL Ventures, which invests in early-stage startups primarily in the Pacific Northwest. The firm focuses on sectors such as fintech, legal tech, proptech, IoT, AI, blockchain, and Web3, emphasizing execution-oriented founders and disruptive technologies to drive innovation in the startup ecosystem[1][2][4][6].

Founded by key partners with deep operational expertise, PSL emerged to fill a gap between traditional venture capital and startup creation by providing both funding and hands-on support. The firm’s approach includes rapid venture building, market validation, product development, and leveraging a strong network of investors and industry experts. Early traction includes successful spinouts like Hippo and JetClosing, and collaborations with corporations such as Fortive to build ventures like TeamSense and Genba. PSL’s evolution reflects a blend of venture studio and investment fund models, enabling it to create standalone, venture-scale companies while also investing in promising startups[1][4][7].

Core Differentiators

Unique Investment Model: Combines a startup studio that builds companies internally with a venture fund that invests externally, allowing PSL to both create and scale startups.
Operational Support: Provides deep hands-on help in product development, market validation, and scaling, beyond just capital.
Network Strength: Supported by 14 venture capital firms and 50 angel investors from Seattle, Silicon Valley, and beyond.
Track Record: Recognized as a top startup studio by website traffic to portfolio companies; successful spinouts and corporate partnerships.
Fee-for-Service Model: Collaborates with corporations who co-invest in ventures, sharing equity and risks[1][6][7].

Role in the Broader Tech Landscape

PSL rides the trend of venture studios that blend company creation with venture capital investment, addressing the need for faster, more execution-focused startup formation. The timing aligns with growing demand for innovation in sectors like fintech, proptech, and AI, especially in the Pacific Northwest’s maturing tech ecosystem. Market forces such as increased corporate interest in startup partnerships and the rise of new technologies create fertile ground for PSL’s model. By fostering standalone ventures and supporting founders with operational expertise, PSL influences the broader ecosystem by accelerating the pace of innovation and company formation in a region traditionally overshadowed by Silicon Valley[1][4][6][7].

Quick Take & Future Outlook

Looking ahead, Pioneer Square Labs is likely to deepen its integration of AI and data-driven tools (e.g., its AI co-founder Lev) to enhance idea vetting and company building. Trends in AI, blockchain, and decentralized technologies will shape its portfolio focus. PSL’s influence may grow as it continues to bridge corporate innovation with startup agility, potentially expanding its geographic reach and sector focus. Its dual model of venture creation and investment positions it well to adapt to evolving market dynamics and maintain a leadership role in startup ecosystem development.

In sum, Pioneer Square Labs stands out as a hybrid venture studio and fund that accelerates startup creation with operational rigor and strategic capital, playing a pivotal role in shaping the Pacific Northwest’s tech innovation landscape[1][6][7][8].

Sources

Core Differentiators

Unique Investment Model: Combines a startup studio that builds companies internally with a venture fund that invests externally, allowing PSL to both create and scale startups.
Operational Support: Provides deep hands-on help in product development, market validation, and scaling, beyond just capital.
Network Strength: Supported by 14 venture capital firms and 50 angel investors from Seattle, Silicon Valley, and beyond.
Track Record: Recognized as a top startup studio by website traffic to portfolio companies; successful spinouts and corporate partnerships.
Fee-for-Service Model: Collaborates with corporations who co-invest in ventures, sharing equity and risks[1][6][7].