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General Information

Websiteinnovationworks.org
Twitter@iwpgh
Phone412/681/1520
Emailinfo@innovationwo...
Employees
Founded1999
Descriptionpre-seed investor

Funds

Offices

Pittsburgh, USA
2000 Technology Drive Suite 250
Pittsburgh, PA, 15219 3109
USA

People

Managing Director AlphaLab Gear
President and CEO
Vice President, Technology Programs
Vice President, Entrepreneurial Executives Team
Director, Community Development & Communications
Director of Business Development
Board Member
Associate EIR
Show All People

Tags

Innovation Works

For more than 20 years, Innovation Works has played a vital role in Southwestern PA’s technology economy, investing capital, business expertise, and other resources into high-potential companies with the greatest likelihood for regional economic impact. IW is the single largest investor in seed-stage companies in the region. They also provide resources for manufacturers to adopt new technologies.

Recent Milestones

Investments

Company Date Round Size Participants
Safaba Translation Solutions 8/2013Private Equity2
Liquid X 7/2013Series A2
BudgetSimple 6/2013Seed$25k2
AutoRef.com 4/2013Seed$850k3
Kextil 3/2013Seed1
The Resumator 10/2012Series B$2.1M5
NoWait 8/2012Series A$2M3
Voci Technologies 4/2012Series A$3.12M3
Shoefitr 10/2011Venture Round$1.2M2
The Resumator 5/2011Angel$700k5
Carmell Therapeutics 4/2011Series A$2.4M6
Compliance Assurance 3/2011Venture Round$1.25M4
ShowClix 3/2011Series B$1.65M5
Cognition Therapeutics 1/2011Series A$2.5M6
Intimate Bridge 2 Conception 11/2010Venture Round$475k2
Bueda 7/2010Venture Round$100k1
Fotofeedback 5/2010Venture Round$30k1
Shoefitr 5/2010Venture Round$30k1
Lama Lab 5/2010Venture Round$30k1
25eight 1/2010Seed$25k1
The Resumator 12/2009Seed$50k1
Penthera Partners 12/2009Series A$1.2M1
ThermalTherapeuticSystems 12/2009Series A$2.7M3
VistaTEK 8/2009Seed$25k1
Cognition Therapeutics 7/2009Series A$1.21M4
Penthera Partners 5/2009Series A$725k1
TalkShoe 6/2008Angel$1.13M5
Penthera Partners 6/2008Series A$345k1
ShowClix 6/2008Seed$250k1
ImpactGames 3/2008Venture Round$100k1
WhereverTV 2008Venture Round$150k1
ImpactGames 10/2007Venture Round$150k1
StageMark 4/2007Series B$1.6M6
BPL Global 2/2007Series C$26M7
StageMark 3/2006Venture Round$210k2
BitArmor Systems 8/2005Venture Round$250k2
Vivisimo 7/2002Seed$500k1
Vivisimo 6/2000Seed$100k1

Videos

Sources

    Innovation Works quietly raised $12M for its new fund (bizjournals.com) [edit]
  1. Safaba Translation Solutions closes a first private equity financing (finsmes.com) [edit]
  2. pcb007 (pcb007.com) [edit]
  3. Announcing AlphaLab’s 11th Cycle of Companies (alphalab.org) [edit]
  4. Like A CarWoo For Used Cars, AutoRef Raises $850K Seed Round (techcrunch.com) [edit]
  5. Kextil Receives Seed Funding from Innovation Works (finsmes.com) [edit]
  6. Hiring Platform The Resumator Raises $2.1M Series B Round Led By Birchmere Ventures, Rincon Ventures Partners & Salesforce (techcrunch.com) [edit]
  7. NoWait protects restaurants from the wrath of restless customers (venturebeat.com) [edit]
  8. Voci Technologies Secures $3.12M in Series A Financing (finsmes.com) [edit]
  9. Shoefitr Receives $1.2M in Funding (finsmes.com) [edit]
  10. The Resumator Raises $700,000 For Social Recruiting Solution (techcrunch.com) [edit]
  11. Carmell Therapeutics raises $3 million (bizjournals.com) [edit]
  12. Compliance Assurance Corporation Secures $1.25 Million in Funding (complyfast.com) [edit]
  13. ShowClix wins $1.65 million in venture funding (pittsburghlive.com) [edit]
  14. Cognition Therapeutics Closes $2.5M Series A1 Financing (finsmes.com) [edit]
  15. Intimate Bridge to Conception Raises $475K (finsmes.com) [edit]
  16. CMU spin-out Bueda receives financing to create social media smart tags (cmu.edu) [edit]
  17. EDGAR [edit]
  18. EDGAR [edit]
  19. EDGAR [edit]
  20. 25eight secures $0.03 million funding from Innovation Works (alacrastore.com) [edit]
  21. Citation Needed [add]
  22. SEC D/A (sec.gov) [edit]
  23. ThermalTherapeutic Systems, Inc.: Series A $2.7M (onbiovc.com) [edit]
  24. Summer of 2009 Alpha Lab Companies (startuppittsburgh.com) [edit]
  25. COGNITION THERAPEUTICS CLOSES SERIES A FINANCING TO ADVANCE DRUG CANDIDATES FOR ALZHEIMER'S DISEASE (cogrx.com) [edit]
  26. SEC D (sec.gov) [edit]
  27. EDGAR [edit]
  28. SEC D/A (sec.gov) [edit]
  29. Citation Needed [add]
  30. bizjournals.com [edit]
  31. High-tech sector gets big lift (pittsburghlive.com) [edit]
  32. ImpactGames hopes role play leads to big pay day (bizjournals.com) [edit]
  33. StageMark Completes $1.6 Million Venture Capital Financing. (allbusiness.com) [edit]
  34. BPL Global Closes $25 million Series C Funding Round (bplglobal.net) [edit]
  35. EDGAR [edit]
  36. EDGAR [edit]
  37. press release (vivisimo.com) [edit]
  38. press release (vivisimo.com) [edit]
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Last Edited 4/4/14

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