
Pioneer Square Labs (PSL) is a Seattle-based startup studio and venture capital fund founded in 2015. It builds technology companies from scratch through its studio program and invests in early-stage, tech-driven companies primarily in the Pacific Northwest across B2B, consumer, fintech, sustainability, and digital health.
Deal activity increased 50% year-over-year (3 deals in the last 12 months). Their most common stage is seed (58% of deals). Average disclosed round size is $8.9M (across 29 rounds with reported amounts).
Portfolio
31
Fund Size
$100M
Top Stage
Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
33 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| BBluePill | Seed | $6M | Nov 2025 |
| Series B | $37M | Jul 2025 | |
| Seed | — | Jul 2025 | |
| Series B | $15M | Sep 2024 | |
| Series B | $17M | Jul 2024 | |
| Seed | $10M | May 2024 | |
| Seed | $3M | Mar 2024 | |
| Pre-Seed | $4M | Mar 2023 | |
| Series A | $14M | Mar 2023 | |
| Unknown | $3M | Feb 2023 | |
| Seed | $5.7M | Jan 2023 | |
| Series A | $15M | Sep 2022 | |
| Seed | $7.8M | Aug 2022 | |
| Seed | $10.5M | Jan 2022 | |
| Seed | $4.7M | Oct 2021 | |
| Seed | $13.3M | Oct 2021 | |
| Seed | $7M | Sep 2021 | |
| Seed | — | Jan 2021 | |
| Seed | $3.5M | Dec 2020 | |
| Series A | $7.8M | Mar 2019 | |
| Seed | — | — | |
| Seed | $6M | — | |
| Seed | $2.1M | — | |
| Unknown | $4M | — | |
| KKamiwaza | Pre-Seed | $2.5M | — |
Page 1 of 2
Top Co-Investors
Ascend3 shared
MaC Venture Capital3 shared
Trilogy Equity Partners3 shared
Voyager Ventures2 shared
Madrona Venture Group2 shared
Earlybird Venture Capital2 shared
NFX2 shared
Wireframe Ventures2 shared
Founders' Co-op2 shared
Honeystone Ventures2 shared
GSV Ventures2 shared
Owl Ventures2 shared
Y Combinator2 shared
Shasta Ventures1 shared
Cubit Capital1 shared
Point72 Private Investments1 shared
Greylock Partners1 shared
Decibel1 shared
In-Q-Tel1 shared
Story Ventures1 shared
Last updated: 9 September 2026