Allvision and Niche.com top Pittsburgh's recent funding news

Allvision and Niche.com top Pittsburgh's recent funding newsPhoto: Allvision/Facebook
Hoodline
Published on February 21, 2019

Pittsburgh-based geospatial data company Allvision has secured $3.2 million in seed funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced January 24 and led by Lavrock Ventures.

According to its Crunchbase profile, "Allvision’s goal is to improve the world by connecting decision makers with rich sources of spatial data and analytics. We take data meant for robots and use it to arm companies and institutions with insights and intelligence from the ever changing world around us."

The one-year-old startup also raised a previous seed round in 2018.

The round brings total funding raised by Pittsburgh companies in software over the past month to $5.2 million. The local software industry has produced 36 funding rounds over the past year, raking in a total of $70 million in venture funding.

In other local funding news, school ranking company Niche.com announced a $2 million Series B funding round on February 7, led by Tim Armstrong.

According to Crunchbase, "Founded by Carnegie Mellon graduates, Niche is a platform that helps you discover the schools and neighborhoods that are right for you. They rigorously analyze dozens of public data sets and millions of reviews to produce comprehensive rankings, report cards, and profiles for every K-12 school, college, and neighborhood in the United States. Niche has over 100 million reviews and poll responses along with transparent statistics and comparable grades to help you find the right school or neighborhood for you."

The company also raised a $6.6 million Series B round in 2018.


This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.