# Pioneer Square Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pioneer-square-labs

- Industry: Business Support Services
- Headquarters: Seattle, US
- Website: www.psl.com
- Total disclosed funding: $28M
- Latest round: Series B (Jan 18, 2018)
- Investors on record: 13

## About

Pioneer Square Labs, based in Seattle, US, is a venture studio that co-founds and builds innovative technology companies, providing capital investment, operational support, and access to industry expertise to entrepreneurs.Founded in 2015 by Greg Gottesman and Mike Galgon, Pioneer Square Labs operates as a venture studio that specializes in co-founding technology firms. The company has made a total of 3 deals, with the most recent deal occurring on May 18, 2023. In this round, Pioneer Square Labs raised USD 20.00 mn in funding led by Foundry Group, with participation from Atlas Capital Ventures, Vault Capital, and West River Group. The total amount raised by the company stands at USD 20.00 mn.Pioneer Square Labs specializes in co-founding and building innovative technology companies, operating as a venture studio that partners with entrepreneurs to develop new business ideas. Their core offerings include capital investment, operational support, and access to a robust network of advisors and industry experts. The firm focuses on specific market needs in sectors such as software development, digital health, and financial technology, empowering founders to create scalable solutions targeting diverse clients across North America and select international markets.Pioneer Square Labs generates revenue through strategic partnerships and equity stakes in the startups they create. The firm engages in revenue-sharing agreements and takes a percentage of ownership in each venture, aligning their interests with founding teams. Revenue is also derived from advisory services provided to portfolio startups, promoting sustainable growth for both the firm and the ventures it supports.In May 2023, Pioneer Square Labs raised USD 20.00 mn in venture funding to further explore generative AI business opportunities. The company plans to utilize this funding to support new product designs and market expansions. Specific markets for expansion are yet to be disclosed, but the firm aims to leverage its resources to innovate within the technology sector.

## Funding rounds

- Series B, Jan 18, 2018, $15M — Menlo Ventures, Voyager Capital, Maveron, Madrona Venture Group, Trilogy International Partners, True Ventures, MHS Capital, Foundry Group, Vulcan, Techstars, Sinclair Digital Ventures
- Series A, Oct 1, 2015, $13M — Menlo Ventures, Voyager Capital, Maveron, Madrona Venture Group, Trilogy International Partners, True Ventures, Greycroft, MHS Capital, Foundry Group, Vulcan, Techstars, Bezos Expeditions, Sinclair Digital Ventures

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series A, Series B
- Voyager Capital (https://capitalatlas.ai/funds/voyager-capital) — Series A, Series B
- Maveron (https://capitalatlas.ai/funds/maveron) — Series A, Series B
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A, Series B
- Trilogy International Partners (https://capitalatlas.ai/funds/trilogy-international-partners) — Series A, Series B
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Series A, Series B
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Series A
- MHS Capital (https://capitalatlas.ai/funds/mhs-capital) — Series A, Series B
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series A, Series B
- Vulcan (https://capitalatlas.ai/funds/vulcan) — Series A, Series B
- Techstars (https://capitalatlas.ai/funds/techstars) — Series A, Series B
- Bezos Expeditions — Series A
- Sinclair Digital Ventures (https://capitalatlas.ai/funds/sinclair-digital-ventures) — Series A, Series B