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Richard King Mellon Foundation

North America, Pennsylvania, United States, Pittsburgh

Description

The Richard King Mellon Foundation approved 190 grants totaling $104,578,500, and paid out commitments totaling $115,292,182.

Investor Profile

Richard King Mellon Foundation has backed more than 41 startups, with 7 new investments in the last 12 months alone. The firm has led 28 rounds, about 68% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Grant, Series Unknown, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Health Care, Education, Biotechnology.
  • Led 6 rounds in the past year.

Stage Focus

  • Grant (66%)
  • Series Unknown (7%)
  • Pre Seed (7%)
  • Series C (5%)
  • Series D (2%)
  • Private Equity (2%)
  • Series A (2%)
  • Convertible Note (2%)
  • Series E (2%)
  • Seed (2%)

Country Focus

  • United States (98%)

Industry Focus

  • Health Care
  • Education
  • Biotechnology
  • Medical
  • Higher Education
  • Therapeutics
  • Information Technology
  • Manufacturing
  • Medical Device
  • Wellness
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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 Richard King Mellon Foundation frequently co-invest with?

Catalio Capital Management
North America, New York, United States, New York
Co-Investments: 2
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 3
Boston Scientific
North America, Massachusetts, United States, Marlborough
Co-Investments: 2
AC
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 2
Vertex Ventures HC
North America, California, United States, Palo Alto
Co-Investments: 2
Lightstone Ventures
North America, California, United States, Menlo Park
Co-Investments: 2
Morgenthaler Ventures
North America, California, United States, Menlo Park
Co-Investments: 4
Citta Capital
North America, California, United States, Palo Alto
Co-Investments: 2
Action Potential Venture Capital
North America, Massachusetts, United States, Cambridge
Co-Investments: 2
Windham Venture Partners
North America, New York, United States, New York
Co-Investments: 2

What are some of recent deals done by Richard King Mellon Foundation?

Rasa Legal

South Salt Lake, Utah, United States

Rasa Legal offers software to help expunge criminal records in Utah and Arizona, making the process simple and affordable.

Law EnforcementLegalLegal TechProfessional Services
SeedMar 10, 2026
Amount Raised: $5,000,000
Washington & Jefferson College

Washington, Pennsylvania, United States

Washington & Jefferson College is a school in Washington.

GrantFeb 6, 2026
Amount Raised: $1,000,000
STEMup

Pittsburgh, Pennsylvania, United States

STEMup is a pioneering regional multigenerational workforce project aiming to establish Western Pennsylvania and the Pittsburgh region.

GrantOct 21, 2025
Amount Raised: $300,000
Untapped Solutions

Yonkers, New York, United States

Untapped Solutions serves untapped individuals.

ConsultingFinancial ServicesProfessional Services
GrantOct 7, 2025
Amount Raised: $515,000
Zegenex

Pittsburgh, Pennsylvania, United States

Zegenex is an innovative healthcare company specializing in wound healing technologies.

BiotechnologyHealth CareMedical Device
GrantOct 7, 2025
Amount Raised: $215,000

Earflo is a firm that is developing a gadget to treat persistent ear infections non-invasively at home in order to avoid surgery.

ManufacturingMedicalPersonal Health
GrantOct 7, 2025
Amount Raised: $415,000
Co-Angler

Springfield, Missouri, United States

Co‑Angler is a digital platform and mobile app designed to connect fishing enthusiasts.

Information TechnologyInternetMarketplaceRecreationSocial Media Marketing
GrantOct 7, 2025
Amount Raised: $315,000
Joint AI

Pittsburgh, Pennsylvania, United States

Joint AI is an AI-powered clinical decision aid designed to automate and deliver accurate assessments of knee and hip arthritis.

EducationHealth CareInformation TechnologyInternet
Pre SeedSep 4, 2025
Amount Raised: $315,000
Surface Design Solutions

Pittsburgh, Pennsylvania, United States

Surface Design Solutions works with manufacturers to develop customized surface metrics.

IndustrialIndustrial EngineeringIndustrial ManufacturingMachine Learning
GrantAug 27, 2025
Amount Raised: $365,000
Conduit

Pittsburgh, Pennsylvania, United States

Conduit is committed to creating workplaces by enabling businesses to retain and reward their top people.

ConsultingEmployee BenefitsEmploymentPersonal Development
GrantAug 14, 2025
Amount Raised: $375,000

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