PNC Bank

Summary

PNC Bank appeared to be the Corporate Investor, which was created in 1852. The main office of represented Corporate Investor is situated in the Pittsburgh. The fund was located in North America if to be more exact in United States.

The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the PNC Bank, startups are often financed by iNovia Capital, RTP Ventures, Mohr Davidow Ventures. The meaningful sponsors for the fund in investment in the same round are TD Bank, Capital One, iNovia Capital. In the next rounds fund is usually obtained by Rock Maple Ventures, RedShift Ventures, Trinity Capital Investment.

Besides them, we counted 1 critical employee of this fund in our database.

When the investment is from PNC Bank the average startup value is 50-100 millions dollars. The increased amount of exits for fund were in 2019. Opposing the other organizations, this PNC Bank works on 24 percentage points more the average amount of lead investments. The usual things for fund are deals in the range of more than 100 millions dollars. Speaking about the real fund results, this Corporate Investor is 20 percentage points more often commits exit comparing to other organizations. The important activity for fund was in 2019. The fund is constantly included in less than 2 deals per year.

We can highlight the next thriving fund investment areas, such as Marketing, Manufacturing. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Besides, a startup requires to be at the age of more than 20 years to receive the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Zeta Interactive, 3D Systems, Birch Communications. The fund has no exact preference in some founders of portfolio startups.