Innovation Works logo

Innovation Works

North America, Pennsylvania, United States, Pittsburgh

Description

Innovation Works invests capital, business expertise and resources into companies with the greatest likelihood of regional economic impact.

Investor Profile

Innovation Works has made 643 investments, with 12 in the past 12 months and 13% as lead.

Stage Focus

  • Seed (69%)
  • Convertible Note (9%)
  • Pre Seed (8%)
  • Series A (5%)
  • Series Unknown (5%)
  • Series B (2%)
  • Non Equity Assistance (1%)
  • Series C (1%)

Country Focus

  • United States (98%)
  • China (1%)

Industry Focus

  • Software
  • Health Care
  • Information Technology
  • Manufacturing
  • Artificial Intelligence (Ai)
  • Medical Device
  • Biotechnology
  • Medical
  • Analytics
  • Enterprise Software
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Innovation Works frequently co-invest with?

AlphaLab Gear
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 7
Birchmere Ventures
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 7
UR
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 11
AlphaLab Health
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 20
Carnegie Mellon University
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 7
Beni VC
North America, Florida, United States, Miami
Co-Investments: 4
BlueTree Allied Angels
North America, Pennsylvania, United States, Wexford
Co-Investments: 9
AlphaLab
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 16
Mountain State Capital
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 5
Pittsburgh Life Sciences Greenhouse
North America, Pennsylvania, United States, Pittsburgh
Co-Investments: 12

Which angels does Innovation Works often collaborate with?

LV
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 2
FG
North America, New York, United States, New York
Shared Deals: 1
BS
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 2
SH
North America, New York, United States, New York
Shared Deals: 2
MJ
North America, Colorado, United States, Boulder
Shared Deals: 1
EE
North America, Pennsylvania, United States, Pittsburgh
Shared Deals: 2
JS
North America, California, United States, Palo Alto
Shared Deals: 1
MD
North America, California, United States, Los Altos
Shared Deals: 1
CS
North America, Washington, United States, Kirkland
Shared Deals: 1
SG
North America, District of Columbia, United States, Washington
Shared Deals: 1

What are some of recent deals done by Innovation Works?

Advanced Optronics

Pittsburgh, Pennsylvania, United States

Advanced Optronics designs and manufactures implantable sensors for intraoperative monitoring.

Medical DeviceSensor
SeedNov 7, 2024
Amount Raised: $200,000
Parcel Health

Pittsburgh, Pennsylvania, United States

Parcel Health provides sustainable medication packaging for the pharmaceutical industry.

Health CarePharmaceuticalProduct DesignSustainability
SeedOct 4, 2024
Rimsys

Pittsburgh, Pennsylvania, United States

Rimsys is a provider of Regulatory Information Management (RIM) software for medical technology companies.

Business Information SystemsMedical DeviceSoftware
Series UnknownSep 30, 2024
Amount Raised: $5,000,000
Forest Devices

Pittsburgh, Pennsylvania, United States

Forest Devices is a medical device startup that develops a novel stroke screening device designed to detect early signs of stokes.

Health CareHealth DiagnosticsMedical Device
SeedSep 19, 2024
Revitalize Energy

Pittsburgh, Pennsylvania, United States

Revitalize Energy is a consumer energy company that helps fight tired eyes and provides a moisturizing effect with the energy needed.

Consumer GoodsEnergyWellness
SeedSep 19, 2024
Hummingbird Systems

San Marcos, California, United States

Hummingbird Systems provides on demand aerial mapping and data analysis of construction sites and agriculture using drones.

AerospaceDrones
SeedSep 18, 2024
BlastPoint

Pittsburgh, Pennsylvania, United States

BlastPoint is a software company that provides customer intelligence and analytics solutions to optimize revenue growth.

AnalyticsB2BData IntegrationData VisualizationSoftware
SeedSep 3, 2024
CapSen Robotics

Pittsburgh, Pennsylvania, United States

CapSen Robotics provides software to identify, scan, and track the 3D positions and orientations of specific objects in cluttered scenes.

3D TechnologyArtificial Intelligence (AI)Computer VisionRobotics
SeedSep 3, 2024
Sitewiz

Pittsburgh, Pennsylvania, United States

Sitewiz uses Generative AI and data-driven analytics to boost website conversion rates.

AnalyticsArtificial Intelligence (AI)Software
Pre SeedSep 3, 2024
Amount Raised: $100,000
Gridwise

Pittsburgh, Pennsylvania, United States

The leading business app for on-demand workers

AppsBig DataCar SharingDeliveryMobile AppsSharing EconomyTransportation
Series UnknownAug 14, 2024