What stage does Draper Triangle invest at?

Draper Triangle invests at the Seed, Series A, Series B, Late Stage stages.

What is Draper Triangle's typical check size?

Draper Triangle typically writes checks of $250K – $2M.

Where is Draper Triangle located?

Draper Triangle is headquartered in Pittsburgh, US.

Does Draper Triangle lead rounds?

Yes, Draper Triangle leads investment rounds.

Draper Triangle

Venture capital

Pittsburgh · Seed–Late Stage · 5 people tracked

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Investment thesis

Draper Triangle focuses on backing entrepreneurs and innovation emerging from the Midwest, an area it considers a birthplace of American industry. The firm targets companies building in software, robotics, big data analytics, and connected devices, drawing on the region's universities, accelerators, and entrepreneurial talent. As part of the Draper Venture Network, a global venture collective, the firm connects experienced investors and innovative founders to share strategies, source deals, and create value across its portfolio.

Invests inAI & Machine Learning Consumer Data & Infrastructure Enterprise Software Hardware IoT Media & Entertainment Medical Devices Robotics SaaSNorth AmericaPittsburghUnited States

Source: firm website, verified Aug 3, 2026.

Stage

Seed–Late Stage

Check

$250K – $2M

Pittsburgh, Pennsylvania, US

Leads rounds

Leads

Instruments

Equity

Founded

2000

Tracked investments

Team · 5 people

from public directories

Jay Katarincic· Managing Director & Co-Founder· Pittsburghin 𝕏

Jay Katarincic is an investor at Draper Triangle who currently serves as a director at Thread, StimDia, and Autobooks, and previously held director roles at companies including CardioInsight, Carnegie Learning, BodyMedia, BitArmor, DirectWorks, Amplifinity, and Acrobatiq. Earlier in his career he was an associate at Skadden Arps and V.P. of Corporate Development for a privately-held diversified holding company. He holds a B.A. in Economics from the College of the Holy Cross and a joint JD/MSIA degree from the University of Pittsburgh School of Law and Carnegie Mellon University's Graduate School of Industrial Administration.

j•••@dtvc.comreveal

Mike Stubler· Managing Director & Co-Founder· Pittsburghin 𝕏

Mike Stubler is a Managing Director at Draper Triangle Ventures with over 35 years of experience with early-stage technology companies as both a co-founder and investor. He serves as a director at several portfolio companies and is chairman and former president of the Pittsburgh Venture Capital Association.

m•••@dtvc.comreveal

Tom Jones· Managing Directorin 𝕏

A Managing Director at Draper Triangle Ventures with over 25 years of marketing and sales experience working with early-stage technology entrepreneurs. He co-founded IndustryNet, an early online industrial marketplace later acquired by Nets Inc., and serves on the boards of RE2 and ContainerShip.

t•••@dtvc.comreveal

Zach Malone· Principal· Pittsburgh, Pennsylvaniain 𝕏

Zach Malone is a Principal at Draper Triangle Ventures with over a decade of early-stage investing experience. He sits on the boards of Thread, Locomation, and Ikos, was previously a board member at Containership, and formerly worked as an analyst at UPMC Enterprises and Gateway Financial. He holds a B.S. in Finance from Virginia Tech.

z•••@dtvc.comreveal

Jonathan Murray· Venture Partner· Ann Arbor, Michigan𝕏

Jonathan Murray joined Draper Triangle in 2014 and opened the firm's Michigan office. He previously co-founded early-stage venture fund Early Stage Partners in 2001 and led marketing and software development at Spectra Laboratories, holding an MBA from the University of Michigan.

j•••@dtvc.comreveal

What they invest in

from 1 of 23 portfolio companies

Enterprise Software ×1Fintech ×1SaaS ×1

HQs:United States×7

Investments · 23 tracked

founders shown can be your intro path

By year:2025 · 1 2016 · 1 2015 · 24 dated

AmplifinityApr 2015

Ann Arbor, US

Paul Vlasic(Director)Ellen Carnahan(Director)Richard Beedon(Director)Raymond Spencer(Director)Timothy Patton(Director)Eric Jacobson(Executive Officer)

Board seatJay Katarincic· per SEC Form D

Onshift IncMar 2016

Cleveland, US

Board seatMike Stubler· per SEC Form D

RhizaNov 2015

Pittsburgh, US

Josh Knauer(Executive Officer, Director)

Board seatMike Stubler· per SEC Form D

Active Media

Aethon

Alviere

Autobooksautobooks.coinMay 2025

Autobooks provides embedded banking technology to financial institutions to help them attract and retain small business customers by enabling business owners to manage finances and cash flow directly through their bank's digital platform.

Enterprise SoftwareFintechSaaSDetroit, US

Steven Robert(Executive Officer)John Schmid(Executive Officer)Jeff Blackman(Executive Officer)in

Aware

Babel Health

Bitarmor

Bodymedia

Cardioinsight Technologies Inc

Carnegie Learning

Clubcom

ContainerShip

Pittsburgh, US

Norman Joyner(Executive Officer, Director, Promoter)Philip E. Dougherty(Executive Officer, Director, Promoter)D. Thompson Jones(Director)

BoardSean Ammirati(Director)

Ikos

Locomationlocomation.ai

Edgeworth, US

Cetin Mericli(Executive Officer, Director)Alonzo Kelly(Executive Officer, Director)Jim DiSanto(Director)Michael George(Executive Officer, Director)

BoardMike Stubler(Director)George Ugras(Director)

Pixel Velocity

Ann Arbor, US

W. Christopher Bade(Director)Matthew Van Haaren(Chief Executive Officer)David McCubbrey(Vice President and Chief Technology Officer)Jason Slocum(Vice President of Business Development)Lee Vance(Director)William Craven(Chairman)

Re2

Renal Solutions

Thinkvine

Thread

Toa Technologies

Portfolio news

latest coverage across their companies

Autobooks funding: $40M to Enhance Small Business Banking

Autobooks · saastake.com · May 13, 2025

Frequently asked questions

What stage does Draper Triangle invest at?: Draper Triangle invests at the Seed, Series A, Series B, Late Stage stages.
What is Draper Triangle's typical check size?: Draper Triangle typically writes checks of $250K – $2M.
What sectors does Draper Triangle focus on?: Draper Triangle focuses on AI & Machine Learning, Consumer, Data & Infrastructure, Enterprise Software, Hardware, IoT, Media & Entertainment, Medical Devices, Robotics, SaaS.
Where is Draper Triangle located?: Draper Triangle is headquartered in Pittsburgh, US.
Does Draper Triangle lead rounds?: Yes, Draper Triangle leads investment rounds.

Media · Podcasts & interviews

featuring the team

Business as Usual: Jay Katarincic, Draper Triangle Ventures

Pittsburgh Technology Council · Jay Katarincic

Images

Co-investors · 4

AV8 Ventures

AV8 Ventures is an early-stage venture capital firm that backs startups across healthcare, enterprise, financial services and deep-tech, aiming to help founders build category-defining companies.

Both backed · 1

Locomation

$500K – $10M

Fusion

Fusion Fund is an early-stage venture capital firm backing startups with technical or data advantages in healthcare, enterprise AI, and industrial technology.

$500K – $1M

Innovation Works

Innovation Works is a Pittsburgh-based economic development organization and startup investor serving Southwestern Pennsylvania, running accelerator and hardware programs and supporting founders across robotics, life sciences, software and manufacturing.

$100K – $300K

Riverfront Ventures, LLC

Riverfront Ventures is an early-stage venture capital fund based in Pittsburgh that invests in early-growth stage technology companies, serving as the venture capital arm of Innovation Works.

$250K – $1M

Firms observed investing alongside Draper Triangle, from public investor directories. Shared companies are the overlap with Draper Triangle's recorded portfolio.

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