Pittsburgh tech sector saw a solid 2022 for investment, EY and IW report


Last year, $1.029 billion was invested in 150 unique Pittsburgh tech firms across 176 transactions. Overall dollars were down almost two-thirds from the record $2.962 billion in 2019, but ahead of 2021’s $894.3 million.

That’s according to “Investment in Pittsburgh’s Technology Sector, Trends and Highlights 2013-2022,” which was released by Ernst & Young LLP and Innovation Works on Thursday morning.

“There is cause to be optimistic,” said Ven Raju, IW president and CEO. “For 2022,…

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