Tech Investors

Innovation Works

Innovation Works is a tech investor that invests in tech companies raising capital.

Venture Investor Overview

Venture Investor
Innovation Works
Status
InActive
Investor Type
Other
Activity Level
253 transactions
Funds Raised
At least $74 million
Industry Focus
Advanced Materials
Clean Tech
Healthcare IT

Contact Information

Contact
Rich Lunak
Title
President & CEO
Mailing Address
2 Allegheny Center 100
Pittsburgh, PA 15212
USA
Phone
(412) 681-1520
Website
www.innovationworks.org
Email Address
Not Recorded

Background Information

Overview
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. We also provide resources for manufacturers to adopt new technologies.
Profile
Innovation Works LinkedIn Company Profile
Social Media
Innovation Works Company Twitter Account
Company News
Innovation Works News
Facebook
Innovation Works on Facebook
YouTube
Innovation Works on YouTube
Last Transaction
2/14/2023

Transaction History

Our records indicate that Innovation Works invested in the VC transactions listed below. Dollar amounts are for the entire raise, which may include other investors.

Company
Date
Amount
Kloopify
2/14/2023
$1,500,000
Arieca
5/17/2022
$6,500,000
Rimsys
12/6/2021
$16,000,000
Conservation Labs
11/14/2019
$1,700,000
Strikingly
9/1/2017
$6,000,000
Flexable
9/30/2016
$25,000
Social Media Information
9/30/2016
$125,000
Trusst Lingerie
9/30/2016
$100,000
Qlicket
9/30/2016
$25,000
Diversame
9/30/2016
$25,000
Enkato
9/30/2016
$25,000
SQWAD Sports
3/31/2016
$25,000
Interphase Materials
3/31/2016
$100,000
PieceMaker
3/31/2016
$50,000
PacketViper
3/31/2016
Unknown
Carbon Freight
3/31/2016
$55,000
Real Earth
3/31/2016
$100,000
Pratter
3/31/2016
$75,000
Pixcontroller
3/31/2016
$30,000
Mighty Holdings
3/31/2016
$100,000
BreatheWise
3/31/2016
$100,000
Qualaris Healthcare Solutions
3/31/2016
$50,000
Jetpack Workflow
3/31/2016
$50,000
xogo
3/31/2016
$30,000
Maven Machines
12/31/2015
$125,000
Interphase Materials
12/31/2015
$50,000
Endorsevent
12/31/2015
$25,000
Twined
12/31/2015
$25,000
Niche Social
12/31/2015
$1,000,000
Lumishield
12/31/2015
$100,000
VIT Initiative
12/31/2015
$25,000
BreatheWise
12/31/2015
$25,000
Clarabyte Solutions
12/31/2015
$25,000
ViaHero
12/31/2015
$25,000
Forest Devices
12/31/2015
$50,000
Rorus
12/31/2015
$25,000
TravelWits
12/31/2015
$50,000
Steel City Optronics
12/31/2015
$30,000
Emplified
12/31/2015
$50,000
Jetpack Workflow
9/30/2015
$50,000
Digital Dream Labs
9/30/2015
$50,000
Identified
9/30/2015
$400,000
HEBI Robotics
9/30/2015
$30,000
Conversant Labs
9/30/2015
$50,000
Carmell Therapeutics
9/30/2015
$137,000
nanoGriptech
9/30/2015
$100,000
PieceMaker
9/30/2015
$100,000
AbiliLife
9/30/2015
$50,000
xogo
6/30/2015
$25,000
Voci Technologies
6/30/2015
$50,000
GrowBros Ops
6/30/2015
$200,000
Hability
6/30/2015
$20,000
Community Elf
6/30/2015
$100,000
SolePower
6/30/2015
$50,000
Capsen Robotics
6/30/2015
$25,000
Encentiv Energy
3/31/2015
$50,000
Pittmoss
3/31/2015
$1,060,000
Easely
3/31/2015
$25,000
Accel Diagnostics
3/31/2015
$50,000
AthleteTrax
3/31/2015
$100,000
Inteligistics
3/31/2015
$100,000
TravelWits
3/31/2015
$25,000
whoYu
3/31/2015
$25,000
Emplified
3/31/2015
$25,000
Seekahoo
3/31/2015
$25,000
FreshTemp
3/31/2015
$100,000
NanoVision Diagnostics
12/31/2014
$200,000
Scaled Inference
12/31/2014
$13,600,000
eeME
12/31/2014
$100,000
PathVu
12/31/2014
$25,000
PieceMaker
12/31/2014
$25,000
Safaba Translation Solutions
12/31/2014
$100,000
PHRQL
12/31/2014
$100,000
AbiliLife
12/31/2014
$50,000
NewCare Solutions
12/31/2014
$100,000
ForeFront Product Design
12/31/2014
$100,000
Atmosferiq
12/31/2014
$100,000
Romeo Delivers
12/31/2014
$30,000
AE Dreams
12/31/2014
$25,000
Kodable
12/16/2014
$480,000
Framed Data
12/12/2014
$2,000,000
Drop Kitchen
10/17/2014
$2,000,000
nanoGriptech
9/30/2014
$200,000
Covey
9/30/2014
$25,000
Rorus
9/30/2014
$50,000
Identified
9/30/2014
$100,000
Rapid TPC
9/30/2014
$50,000
Datasquid
9/30/2014
$25,000
Jetpack Workflow
9/30/2014
$25,000
Sharp Edge Labs
9/30/2014
$100,000
Conversant Labs
9/30/2014
$75,000
Tailored Fit
9/30/2014
$100,000
NetBeez
9/30/2014
$100,000
Next Gauge
9/30/2014
$100,000
Maven Machines
9/30/2014
$25,000
Collected
6/30/2014
$50,000
Wing Ma'am
6/30/2014
$50,000
FutureDerm
6/30/2014
$40,000
Diamond Kinetics
6/30/2014
$200,000
PieceMaker
6/30/2014
$25,000
BoardBookit
6/30/2014
$75,000
Labnook
6/30/2014
$25,000
SitWith
6/30/2014
$25,000
LifeShel
6/30/2014
$50,000
One Month
6/25/2014
$770,000
Kamcord
5/1/2014
$7,100,000
RE2
12/31/2013
$250,000
Ottomatika
12/31/2013
$250,000
TrulyAccomplished
12/31/2013
$200,000
Inteligistics
12/31/2013
$100,000
Sharp Edge Labs
12/31/2013
$100,000
NanoVision Diagnostics
12/31/2013
$250,000
Atmosferiq
12/31/2013
$150,000
Treatspace
12/31/2013
$150,000
WebKite
12/31/2013
$200,000
Qualaris Healthcare Solutions
12/31/2013
$200,000
Safaba Translation Solutions
9/30/2013
$500,000
ActivAided Orthotics
9/30/2013
$250,000
Thread
9/30/2013
$200,000
SolePower
9/30/2013
$150,000
Shoefitr
9/30/2013
$1,100,000
eeME
9/30/2013
$100,000
CivicScience
9/30/2013
$100,000
Distill
9/18/2013
$1,300,000
Kamcord
8/22/2013
$1,000,000
Voci Technologies
6/30/2013
$500,000
Strikingly
6/30/2013
$1,500,400
Liquid X
6/30/2013
$200,000
2see Technology
6/30/2013
$25,000
AutoRef
4/10/2013
$870,000
Propel IT
3/31/2013
$250,000
8020select
3/31/2013
$50,000
Pittsburgh Iron Oxides
3/31/2013
$175,000
Wombat Security Technologies
3/31/2013
$3,246,000
Cardeeo
3/31/2013
$150,000
CommunityVibe
3/31/2013
$50,000
NewCare Solutions
3/31/2013
$2,055,000
FutureDerm
3/31/2013
$327,000
Efficiency Network
3/31/2013
$250,000
Sensevere
12/31/2012
$200,000
NoWait
12/31/2012
$2,000,000
FutureDerm
12/31/2012
$150,000
ActivAided Orthotics
12/31/2012
$50,000
XACTIX
12/31/2012
$200,000
Tunessence
12/31/2012
$100,000
RessQ Technologies
12/31/2012
$100,000
Kextil
12/31/2012
$150,000
AutoRef
12/31/2012
$100,000
The Resumator
10/29/2012
$2,100,000
HeadRight Games
9/30/2012
$50,000
Safaba Translation Solutions
9/30/2012
$200,000
CollegeZen
6/30/2012
$25,000
Treatspace
6/30/2012
$25,000
AutoRef
6/30/2012
$25,000
FutureDerm
6/30/2012
$25,000
Tunessence
6/30/2012
$25,000
AVOS Systems
4/30/2012
Unknown
Voci Technologies
4/10/2012
$3,120,000
Bracketz
3/31/2012
$25,000
RoommateFit
3/31/2012
$25,000
Accel Diagnostics
3/31/2012
$25,000
8020select
3/31/2012
$50,000
HeadRight Games
3/31/2012
$25,000
The Zebra
3/31/2012
$25,000
ActivAided Orthotics
3/31/2012
$25,000
SpectraGenetics
3/31/2012
$200,000
Cognition Therapeutics
12/31/2011
$1,824,000
NoWait
12/31/2011
$100,000
Cardeeo
12/31/2011
$150,000
Just Between Friends
12/31/2011
$200,000
Shoefitr
10/28/2011
$1,200,000
PHRQL
9/30/2011
$25,000
VitalClip
9/30/2011
$25,000
Flashgroup
9/30/2011
$100,000
Etcetera Edutainment
6/30/2011
$339,900
TeachTown
6/30/2011
$1,750,000
The Resumator
5/6/2011
$700,000
Carmell Therapeutics
4/15/2011
$3,000,000
ShowClix
3/13/2011
$1,650,000
BIOSAFE
12/31/2010
$100,000
LeftRight Studios
12/31/2010
$100,000
Allpoint Systems
12/31/2010
$200,000
Compliance Assurance
12/31/2010
$100,000
The Resumator
12/31/2010
$100,000
Voci Technologies
11/12/2010
$1,400,000
Epiphany Solar Water Systems
9/30/2010
$100,000
Intimate Bridge 2 Conception
9/30/2010
$275,000
Accipiter Systems
9/30/2010
$300,000
Medallion Analytics Software
9/30/2010
$200,000
ATRP Solutions
6/30/2010
$375,000
FastTac
6/30/2010
$25,000
Fooala
6/30/2010
$50,000
Health Monitoring Systems
6/30/2010
$100,000
Bueda
6/30/2010
$100,000
NeuroInterventional Therapeutics
6/30/2010
$100,000
Deeplocal
6/30/2010
$170,000
Fotofeedback
6/30/2010
$25,000
Thar Pharmaceuticals
3/31/2010
$100,000
WhereverTV
3/31/2010
$50,000
AardvarQ
12/31/2009
$100,000
SMaSh
12/31/2009
$100,000
The Resumator
12/31/2009
$50,000
Pentaho
12/31/2009
$50,000
Thermal Therapeutic Systems
10/1/2009
$2,750,000
Blue Belt Technologies
9/30/2009
$2,400,000
Epiphany Solar Water Systems
6/30/2009
$200,000
Concurrent EDA
6/30/2009
$125,000
Circadiance
6/30/2009
$100,000
Blue Belt Technologies
6/30/2009
$100,000
Bossa Nova
6/30/2009
$300,000
TowerCare Technologies
6/30/2009
$100,000
Etcetera Edutainment
6/30/2009
$200,000
Metis Secure Solutions
6/30/2009
$100,000
RedPack Network
6/30/2009
$150,000
FastTac
6/30/2009
$50,000
Starr Life Sciences
6/30/2009
$50,000
BIOSAFE
6/30/2009
$200,000
Crono
6/30/2009
$50,000
ShowClix
6/30/2009
$50,000
Carmell Therapeutics
3/31/2009
$200,000
Thar Pharmaceuticals
3/31/2009
$150,000
Industry Weapon
3/31/2009
$200,000
ReGear Life Science
3/26/2009
$2,500,000
Impact Games
12/31/2008
$50,000
Smart Warning Systems
12/31/2008
$200,000
WhereverTV
12/31/2008
$50,000
ATRP Solutions
12/31/2008
$200,000
Cognition Therapeutics
9/30/2008
$100,000
ShowClix
6/30/2008
$100,000
FastTac
6/30/2008
$100,000
My Payment Network
6/30/2008
$100,000
ModCloth
6/30/2008
$1,055,000
Pentaho
6/24/2008
$1,300,000
Starr Life Sciences
3/31/2008
$100,000
Mobile Fusion
3/31/2008
$300,000
TowerCare Technologies
3/31/2008
$150,000
Health Monitoring Systems
3/31/2008
$200,000
Code 3D
3/31/2008
$100,000
WhereverTV
3/31/2008
$150,000
Blue Belt Technologies
3/31/2008
$300,000
NanoLambda
3/31/2008
$300,000
QPon Direct
3/31/2008
$300,000
Qlique.com
3/31/2008
$505,000
Thermal Therapeutic Systems
12/31/2007
$200,000
Impact Games
12/31/2007
$250,000
Alertek
12/31/2007
$300,000
Bossa Nova
12/31/2007
$300,000
Accipiter Systems
12/31/2007
$300,000
Pertuity
12/31/2007
$300,000
ReGear Life Science
12/31/2007
$300,000
ShowClix
9/30/2007
$150,000
BIOSAFE
9/30/2007
$300,000
StageMark
4/13/2007
$1,600,000

 

Investor Contacts

Title
Name
Email & Social
Chief Investment Officer
Gary Glausser
  Gary Glausser LinkedIn Profile  Gary Glausser Twitter Account  Gary Glausser News  Gary Glausser on Facebook
Chief Executive Officer
Richard Lunak
  Richard Lunak LinkedIn Profile  Richard Lunak Twitter Account  Richard Lunak News  Richard Lunak on Facebook

 

Funds

Our database includes the following fund closing(s) for Innovation Works. If we are missing funds, please contact us.

Fund Description
Vintage Date
Fund Amount
Fund II
10/7/2014
$24,000,000
Fund I
2/16/2010
$50,000,000

 

Portfolio Companies

Innovation Works has invested in the companies below, according to our database records. If we are missing a portfolio company, please let us know.

Tech Company
2see Technology
8020select
AardvarQ
AbiliLife
Accel Diagnostics
Accipiter Systems
ActivAided Orthotics
AE Dreams
Alertek
Allpoint Systems
Arieca
AthleteTrax
Atmosferiq
ATRP Solutions
AutoRef
AVOS Systems
BIOSAFE
Blue Belt Technologies
BoardBookit
Bossa Nova
Bracketz
BreatheWise
Bueda
Capsen Robotics
Carbon Freight
Cardeeo
Carmell Therapeutics
Circadiance
CivicScience
Clarabyte Solutions
Code 3D
Cognition Therapeutics
Collected
CollegeZen
Community Elf
CommunityVibe
Compliance Assurance
Concurrent EDA
Conservation Labs
Conversant Labs
Covey
Crono
Datasquid
Deeplocal
Diamond Kinetics
Digital Dream Labs
Distill
Diversame
Drop Kitchen
Easely
eeME
Efficiency Network
Emplified
Encentiv Energy
Endorsevent
Enkato
Epiphany Solar Water Systems
Etcetera Edutainment
FastTac
Flashgroup
Flexable
Fooala
ForeFront Product Design
Forest Devices
Fotofeedback
Framed Data
FreshTemp
FutureDerm
GrowBros Ops
Hability
HeadRight Games
Health Monitoring Systems
HEBI Robotics
Identified
Impact Games
Industry Weapon
Inteligistics
Interphase Materials
Intimate Bridge 2 Conception
Jetpack Workflow
Just Between Friends
Kamcord
Kextil
Kloopify
Kodable
Labnook
LeftRight Studios
LifeShel
Liquid X
Lumishield
Maven Machines
Medallion Analytics Software
Metis Secure Solutions
Mighty Holdings
Mobile Fusion
ModCloth
My Payment Network
nanoGriptech
NanoLambda
NanoVision Diagnostics
NetBeez
NeuroInterventional Therapeutics
NewCare Solutions
Next Gauge
Niche Social
NoWait
One Month
Ottomatika
PacketViper
PathVu
Pentaho
Pertuity
PHRQL
PieceMaker
Pittmoss
Pittsburgh Iron Oxides
Pixcontroller
Pratter
Propel IT
Qlicket
Qlique.com
QPon Direct
Qualaris Healthcare Solutions
Rapid TPC
RE2
Real Earth
RedPack Network
ReGear Life Science
RessQ Technologies
Rimsys
Romeo Delivers
RoommateFit
Rorus
Safaba Translation Solutions
Scaled Inference
Seekahoo
Sensevere
Sharp Edge Labs
Shoefitr
ShowClix
SitWith
Smart Warning Systems
SMaSh
Social Media Information
SolePower
SpectraGenetics
SQWAD Sports
StageMark
Starr Life Sciences
Steel City Optronics
Strikingly
Tailored Fit
TeachTown
Thar Pharmaceuticals
The Resumator
The Zebra
Thermal Therapeutic Systems
Thread
TowerCare Technologies
TravelWits
Treatspace
TrulyAccomplished
Trusst Lingerie
Tunessence
Twined
ViaHero
VIT Initiative
VitalClip
Voci Technologies
WebKite
WhereverTV
whoYu
Wing Ma�am
Wombat Security Technologies
XACTIX
xogo

 

 

 

 

Browse more tech investors:

Innovation Philadelphia | Insead Business School

 

Share this article

 

About Our Tech Investors Directory

Our tech investing data comes from VentureDeal.com, a leading provider of tech investor transaction data.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.