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PNC Bank

North America, Pennsylvania, United States, Pittsburgh

Description

PNC Bank is a banking institution offering commercial and personal loans and other financial services to private and public consumers.

Investor Profile

PNC Bank has backed more than 64 startups, with 7 new investments in the last 12 months alone. The firm has led 34 rounds, about 53% of its total and boasts 29 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Debt Financing, Post Ipo Debt, Private Equity rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on Manufacturing, Software, Retail.
  • Led 3 rounds in the past year.

Stage Focus

  • Debt Financing (47%)
  • Post Ipo Debt (31%)
  • Private Equity (6%)
  • Series E (3%)
  • Grant (3%)
  • Series Unknown (3%)
  • Seed (2%)
  • Series C (2%)
  • Corporate Round (2%)
  • Series B (2%)

Country Focus

  • United States (89%)
  • United Kingdom (5%)
  • Canada (3%)
  • Brazil (3%)

Industry Focus

  • Manufacturing
  • Software
  • Retail
  • Aerospace
  • Industrial
  • Enterprise Software
  • Financial Services
  • Telecommunications
  • Payments
  • Automotive
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does PNC Bank frequently co-invest with?

Capital One Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Santander Bank
North America, Massachusetts, United States, Boston
Co-Investments: 3
Wells Fargo
North America, California, United States, San Francisco
Co-Investments: 4
Scotiabank
North America, Ontario, Canada, Toronto
Co-Investments: 3
Bank of America
North America, North Carolina, United States, Charlotte
Co-Investments: 5
JP Morgan Chase
North America, New York, United States, New York
Co-Investments: 3
US Bank
North America, Minnesota, United States, Minneapolis
Co-Investments: 4
UB
North America, Delaware, United States, Wilmington
Co-Investments: 5
TB
North America, Delaware, United States, Wilmington
Co-Investments: 3
Barclays Bank
Europe, Hamburg, Germany, Hamburg
Co-Investments: 3

Which angels does PNC Bank often collaborate with?

BD
North America, California, United States, Los Angeles
Shared Deals: 1
SK
North America, California, United States, Los Angeles
Shared Deals: 1
RB
North America, California, United States
Shared Deals: 1
CS
North America, New York, United States, Bronx
Shared Deals: 1
CP
North America, California, United States, San Francisco
Shared Deals: 1
KD
North America, California, United States, Oakland
Shared Deals: 1
RF
North America, Texas, United States, Austin
Shared Deals: 1
AS
North America, New Jersey, United States, Alpine
Shared Deals: 1

What are some of recent deals done by PNC Bank?

Sonic Automotive

Charlotte, North Carolina, United States

Sonic Automotive, as a Fortune 500 company and member of the Russell 2000 Index, is among the largest automotive retailers in the United

AutomotiveCustomer ServiceRetail
Post Ipo DebtMar 27, 2026
Amount Raised: $150,000,000
LSI Industries

Cincinnati, Ohio, United States

LSI Industries is a manufacturer of commercial lighting, graphic, and retail display solutions.

Digital SignageGraphic DesignIndustrialLightingManufacturingPrinting
Post Ipo DebtMar 24, 2026
Amount Raised: $350,000,000
Great Lakes Dredge & Dock Company

Oak Brook, Illinois, United States

Great Lakes Dredge & Dock Company is a marine construction and dredging company that provides water-based infrastructure services.

Clean EnergyService IndustryWater
Post Ipo DebtFeb 11, 2026
Next Level Aviation

Sunrise, Florida, United States

Next Level Aviation operator of an aviation asset trading firm intended to trade QEC and airframe rotatable material for modern aircraft.

Aerospace
Debt FinancingDec 2, 2025
Amount Raised: $30,000,000
Trupanion

Seattle, Washington, United States

Trupanion is an insurance company which provides pet care insurance.

Health CareHealth InsuranceInsurancePet
Post Ipo DebtNov 4, 2025
Amount Raised: $120,000,000
Clearinghouse Community Development Financial Institution

Lake Forest, California, United States

Clearinghouse CDFI is a provider of community development lending services intended to address unmet credit needs.

Commercial LendingConstructionFinancial ServicesSmall and Medium Businesses
Series UnknownAug 7, 2025
Amount Raised: $35,000,000
CoreWeave

Livingston, New Jersey, United States

CoreWeave is a cloud-based AI infrastructure company offering GPU cloud services to simplify AI and machine learning workloads.

Artificial Intelligence (AI)Cloud ComputingCloud InfrastructureInformation TechnologyMachine Learning
Post Ipo DebtJul 31, 2025
Amount Raised: $2,600,000,000
Group 1 Automotive

Houston, Texas, United States

Group 1 Automotive owns and operates about 130 franchises at approximately 100 dealerships, as well as about 25 collision service centers

AutomotiveRetailSales
Post Ipo DebtMay 30, 2025
Amount Raised: $1,000,000,000
Pyxus

Morrisville, North Carolina, United States

Pyxus is a manufacturer and provider of agricultural products.

AgricultureFarmingManufacturingWholesale
Post Ipo DebtMay 13, 2025
Amount Raised: $30,000,000
Vermont Slauson Economic Development Corporation

Los Angeles, California, United States

Vermont Slauson Economic Development Corporation is an organization that offers business loans and financial services for businesses.

CommunitiesFinanceLendingNon Profit
GrantFeb 21, 2025
Amount Raised: $100,000

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