The Venture Codex Logo

The Venture Codex

PNC Bank

300 Fifth Avenue, Pittsburgh, PA, 15222, United States

Overview

Banking institution offering loans and financial services to consumers.

Founded

1852

Deals ยท 12mo

1

Links

WebsiteLinkedIn

Stage focus

Debt

Geographic focus

United States

Sector focus

Advertising
Banking
Web Hosting

Investment portfolio

20rounds
NAMEDATESIZE
DataBank
Jun 2026Participated
$1.4 BDebt
CoreWeave
Aug 2025Participated
$2.6 BDebt
Trovata
Jul 2025Participated
$9 MSeries B
Naked Wines
Jul 2024Led
$60 MDebt
Seismic
Jun 2024Led
$500 MDebt
Nephron Pharmaceuticals
Sep 2023Led
$350 MOther Equity
Greenwood
Dec 2022Participated
$45 MOther Equity
Kore.ai
Sep 2021Led
$70 MSeries C
Saviynt
Sep 2021Led
$130 MOther Equity
Greenwood
Mar 2021Participated
$40 MSeries A
SparkPost
Jan 2021Participated
$180 MOther Equity
Goalsetter
Jan 2021Participated
$4 MSeed
DataBank
Jun 2026Participated
$1.4 BDebt
CoreWeave
Aug 2025Participated
$2.6 BDebt
Trovata
Jul 2025Participated
$9 MSeries B
Naked Wines
Jul 2024Led
$60 MDebt
Seismic
Jun 2024Led
$500 MDebt
Nephron Pharmaceuticals
Sep 2023Led
$350 MOther Equity
Greenwood
Dec 2022Participated
$45 MOther Equity
Kore.ai
Sep 2021Led
$70 MSeries C
Saviynt
Sep 2021Led
$130 MOther Equity
Greenwood
Mar 2021Participated
$40 MSeries A
SparkPost
Jan 2021Participated
$180 MOther Equity
Goalsetter
Jan 2021Participated
$4 MSeed
20
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

PNC Bank: 20 funding rounds are recorded in the selected participation categories.All available history.
PNC Bank: 20 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed02
Series A02
Series B02
Series C+12
Other Equity24
Debt23

Monthly Deal Activity

PNC Bank: 20 deals are recorded across 181 months.All available history.
PNC Bank: 20 deals are recorded across 181 months. All available history
MonthDeals
Oct '111
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '131
Sep '130
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '161
Feb '160
Mar '160
Apr '161
May '160
Jun '160
Jul '160
Aug '160
Sep '161
Oct '160
Nov '161
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '181
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '201
Dec '200
Jan '212
Feb '210
Mar '211
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '212
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '221
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '231
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '241
Jul '241
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '251
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

PNC Bank: Enterprise Software is the largest displayed sector by deal count (11 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

PNC Bank: Enterprise Software is the largest displayed sector by deal count (11 deals). All available history
SectorDeals
Enterprise Software11
Data, Analytics & IT7
Fintech6
Marketing & Advertising5
Networks, Cloud & Communication4
Health & Life Sciences3
AI & Machine Learning3
Education & Workforce1
Cybersecurity & Privacy1
E-Commerce & Retail1
Transportation & Logistics1
Hardware & Robotics1
Crypto & Blockchain1
Manufacturing1
Food & Agriculture1
Professional Services1
Developer Tools1

Deal Size Distribution

PNC Bank: 20 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

PNC Bank: 20 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M3
$10M-$25M2
$25M-$50M5
$50M-$100M3
$100M-$250M2
$250M-$500M1
$500M-$1B1
$1B+2

Deals By Geography

PNC Bank: United States has the largest recorded deal count among the displayed regions (19 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

PNC Bank: United States has the largest recorded deal count among the displayed regions (19 deals). All available history
RegionDeals
United States19
Europe1
PNC Bank: 20 co-investors are shown, with Wells Fargo sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

PNC Bank: 20 co-investors are shown, with Wells Fargo sharing 4 recorded deals. All available history
Co-investorShared deals
Wells Fargo4
J.P. Morgan3
Truist Ventures3
Bank of America2
Citi2
Draper Fisher Jurvetson2
Gannett2
Mastercard2
TTV Capital2
U.S. Bank2
U.S. Venture Partners2
Vulcan Capital2
ABN AMRO1
Accenture Ventures1
Adams Street Partners1
AlleyCorp1
Amadeus Capital Partners1
Astia Angels1
ASX Limited1
Barclays1

Investment Strategy

PNC Bank: Led accounts for 25% and participating for 75% of round participation.All available history.
PNC Bank: Led accounts for 25% and participating for 75% of round participation. All available history
CategoryDeals (count)Share (%)
Led525%
Participating1575%
PNC Bank: Single-lead accounts for 40% and co-led for 60% of lead dynamics.All available history.
PNC Bank: Single-lead accounts for 40% and co-led for 60% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead240%
Co-led360%

Team

Christopher Heinz

Senior Vice President

Dennis Krancevich

Senior Vice President

Douglas S. Stewart

Regional President

Jennifer Spratley

Asset Management Group-Senior Vice President, Managing Director of Business Administration

Jim Graham

EVP

Monica L Burch

Senior Vice President - Southeast Territory Executive & Community Development Banking Executive

Nicole Petrozzo

Technology Associate

William Demchak

Chairman, President & Chief Executive Officer