412 Venture Fund
Venture capitalPittsburgh · Pre-Seed–Series A · 6 people tracked
Investment thesis
412 Venture Fund invests in technology and technology-enabled companies that have delivered products to customers and are seeking to grow their customer base. It focuses on AI/ML, B2B SaaS, cybersecurity, robotics, advanced materials, sensors, and healthcare. Initial checks range from $250,000 to $1,000,000, with total investment up to $2,000,000, and the fund can lead, co-lead, or follow via convertible securities or equity rounds. Run by former founders and operators tied to the Pittsburgh region, it positions itself as a long-term partner providing networks, expertise, and hands-on support to help founders hit milestones and prepare for a successful exit.
Source: firm website, verified Aug 3, 2026.
Team · 6 people
from the firm's website & public directories
What they invest in
from 1 of 2 portfolio companiesEnterprise Software ×1Healthtech ×1
HQs:United States×2
Investments · 2 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12 dated
Apaly operates an online platform that connects employers and their employees with advanced primary care providers, offering integrated healthcare services designed to reduce costs and improve quality and patient experience.
Enterprise SoftwareHealthtechDade City, US
Jerry Beinhauer(Founder & CEO)Paloma Wiethorn Kochan(COO & SVP Product)Lindsay Beinhauer(SVP Provider Sales)Kallan Hinkle(SVP Marketing)Elton Ngjela(SVP Engineering & Security)
Co-investorsFirstMile Ventures
Next-generation wire alloys for large format metal 3D printing and robotic welding
Lafayette, US
Jeffrey Lints(Executive Officer, Director, Promoter)Jacob Nuechterlein(Director)Jeremy Iten(Director)
BoardEvan Segal(Director)Johann Oberhofer(Director)
Co-investorsAM VenturesAsimov VenturesFinindus
Frequently asked questions
- What stage does 412 Venture Fund invest at?
- 412 Venture Fund invests at the Pre-Seed, Seed, Series A stages.
- What is 412 Venture Fund's typical check size?
- 412 Venture Fund typically writes checks of $250K – $1M.
- What sectors does 412 Venture Fund focus on?
- 412 Venture Fund focuses on AI & Machine Learning, Cybersecurity, Enterprise Software, Fintech, Hardware, Healthtech, New Materials, Retail Tech, Robotics, SaaS, Semiconductors.
- Where is 412 Venture Fund located?
- 412 Venture Fund is headquartered in Pittsburgh, US.
- Does 412 Venture Fund lead rounds?
- Yes, 412 Venture Fund leads investment rounds.
Media · Podcasts & interviews
featuring the team(Un)Founded: Women Writing Checks w/ Ilana Diamond, Managing Partner, 412 Venture Fund
RevUp Capital · Ilana Diamond
412 Venture Fund's Ilana Diamond Goes Live on Business as Usual
Pittsburgh Technology Council · Ilana Diamond
Coffee With Ilana Diamond Partner 412 Venture Fund
The Coffee With Show · Ilana Diamond
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