Draper Triangle

Draper Triangle Ventures is a Pittsburgh-based venture capital firm providing early-stage capital to entrepreneurs across the Midwest, with a presence in Pennsylvania, Ohio and Michigan, including an office in Ann Arbor. Its site lists past relationships with founders and companies such as BodyMedia, RE2, TOA Technologies, Thread, OnShift, Aethon, ContainerShip, Locomation and Ikos. Founded in 1999, the firm says it established itself as an early-stage venture firm in the Midwest, raising and deploying capital across three funds over more than two decades. It is also part of the Draper Venture Network, a collective of investors and entrepreneurs from around the world who share strategies and source opportunities together. The firm states it is now operating under a new name, Magarac Venture Partners, drawing on more than sixty years of the team's combined experience.