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About PIE

PIE, an accelerator and incubator program founded in 2009, is based in Portland, United States. With a presence in 4 countries, it has supported around 60 startups in sectors like Enterprise Applications, Consumer. As of Jul 2026, PIE has witnessed 10 portfolio exits. Most notable companies in its portfolio include Nutmeg, Cloudability and Lytics. The program is backed by a team of 3 people who primarily support Seed startups based in United States. Its latest investment was a $284K Seed round in Ma Wovens on Jun 03, 2019.
Key Metrics
Founded Year
2009
Location
Portland, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Series A
Locations of Investment

PIE's List of Top Investments

PIE has a portfolio of 60 companies. Their most notable investments are in Cloneless Media and Athletepath.Their portfolio spans across United States, France, Netherlands and 1 more locations. They have invested in Enterprise Applications, Consumer, Food and Agriculture Tech and 21 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by PIE:
Digital wealth management and investment platform. It enables individuals to invest through managed portfolios across ISAs, pensions, and general investment accounts. Users select investment goals and risk preferences, while professional investment teams manage portfolio allocation, monitoring, and rebalancing. The platform provides tools for tracking performance, planning financial goals, and accessing investment insights, combining automated portfolio management with optional financial guidance services. It is designed to simplify long-term investing and wealth planning through a mobile-first experience supported by institutional investment expertise.

Key facts about Nutmeg

  • Founded Year: 2011
  • Location: London (United Kingdom)
  • Annual Revenue: 0 - ₹10 Cr as on Dec 31, 2022
  • Last Known Valuation: $*****
  • Stage: Acquired
  • Total Funding till date: $180M
  • Investors: Draper, Schroders and 20 Others
  • Latest Funding Round: Series E, Jan 22, 2019, $*****
  • Highlight: Acquired
Cloud cost management and optimization solutions for FinOps teams, empowering organizations to manage and optimize cloud spend across multi-cloud environments. It offers a suite of cloud-based tools for IT Financial Management, Cloud Financial Management, and Enterprise Agile Planning. The platform provides cost visibility, anomaly detection, and savings automation. It supports FinOps principles, enabling collaboration between IT, Finance, and DevOps teams. The company delivers solutions for cloud cost management, Kubernetes spend monitoring, and technology business management. It offers a platform with features like Datalink, ATUM, and collaboration tools. The company provides resources like case studies, blogs, and guides, along with customer success, support, education, and professional services.

Key facts about Cloudability

Personalization platform empowering brands with real-time customer data and insights. It offers a composable Customer Data Platform (CDP) that helps businesses leverage their existing data infrastructure for flexible and scalable personalization across all channels. The platform provides real-time customer insights, enabling personalized content and product recommendations. It focuses on building accurate customer profiles, uncovering insights, and retaining customers through relevant engagement. The platform offers features like seamless CMS integration, AI-powered personalization, and pre-built connections to various data sources and tools. It supports experiences like optimizing ad spend, sending personalized emails, personalizing web experiences, and recommending products. It serves industries like Retail, Media, Technology, and Finance. The platform provides resources like documentation, webinars, and videos. It offers login and subscription options.

Key facts about Lytics

Workfrom offers a marketplace for users to search and browse for curated co-working spaces globally. All the listings are added by space owners and space finders by adding photos on the platform. Once verified the listing is live on the website and can be browsed and reserved by the space seeker. Space seeker can search for co-working spaces by using filters like private spaces, public spaces, high-speed internet and other amenities. The company charges a $20 fee for every private listed space from space provider.

Key facts about Workfrom

Key facts about Brave Care

PIE's Investments by Stage

PIE has made 14 investments in Seed stage with an average round size of $68.2K and 1 investment in Series A stage with an average round size of $8.74M.
Here are PIE's investments by stage:
Stage of entry
No. of Investments
Seed
14
Series A
1
Breakdown of PIE's investments by stage of entrySeed (14)Series A (1)
Note: We have considered here, only first round of investments

PIE's Investments by Sector

PIE has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Enterprise Infrastructure, Media & Entertainment and Mobile. Notably, it has invested in 31 Tech companies, 20 Consumer (B2C) companies, 19 Enterprise (B2B) companies and at least 19 companies focusing on Software.
Here are PIE's investments by sector:
Sector
No. of Investments
Enterprise Applications
7
Consumer
4
Enterprise Infrastructure
4
Media & Entertainment
3
Mobile
2
Others
6
Breakdown of PIE's investments by sectorsEnterprise Applic... (7)Consumer (4)
Note: We have considered here, only first round of investments

PIE's Investments by Geography

PIE has made most investments in United States (15).

PIE's recent investments

PIE has not made any investment in 2026 so far.
Here are the most recent investments by PIE:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Jun 03, 2019
United States
Seed
5019
-
Oct 11, 2013
United States
Seed
4659
-
Oct 11, 2013
United States
Seed
5106
-
Oct 11, 2013
United States
Seed
9605
-
Oct 11, 2013
United States
Seed
8752
-

IPOs and Publicly Listed companies in PIE's Portfolio

1 of PIE's portfolio company became public -  Scopic.
Here are PIE's portfolio companies that went public:
Company
IPO Date
First Invested on
First Round of Investment
Round Size
-
-
-
6957

Acquired companies in PIE's Portfolio

9 companies from PIE's portfolio have been acquired. The most recent acquisition was Lytics in Jan 2025 by Contentstack for $*****.
Here are PIE's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Jan 08, 2025
Oct 05, 2012
Seed
1211
Oct 04, 2022
-
-
5735
Sep 28, 2022
-
-
2048
Jun 17, 2021
-
-
8909
May 16, 2019
Oct 03, 2012
Series A
8867

Team profile of PIE

PIE has a team of 3 members including 2 Partners located in United States. PIE's team sits on the board of 1 company.

Co-investors of PIE

Over the past 15 years, 23 investors have co-invested in PIE's portfolio companies. This includes funds and angels.

  • Invested before PIETechstars, Trinity Ventures and 5 others have invested in rounds before PIE. There is 1 company where Techstars has invested before PIE and 1 company where Trinity Ventures has invested before PIE.
  • Top Co-investors of PIE4 investors entered a company along with PIE. These include investors like Foundry (1 company).
  • Invested after PIEA total of 12 investors have invested in PIE's portfolio after their investments. Top Investors include JMI Management (1 company) and Comcast Ventures (1 company).

Recent News related to PIE

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FAQs about PIE

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