Riverfront Ventures

Riverfront Ventures is a venture capital firm specializing in seed and early-stage investments. The firm seeks to invest in companies in Pittsburgh with the potential to create high-paying jobs. It was founded in 2013 and is headquartered in Pittsburgh, Pennsylvania.

Peter Erin

Senior Investment Associate

Gary Glausser

Managing Director

Jim Jen

Managing Director

Richard Lunak

Managing Director

14 past transactions

iraLogix

Series C in 2022
iraLogix, an advanced, institutional IRA record-keeping and trading technology offering web-based institutional IRA record-keeping services. By providing the industry's only end-to-end, fully paperless system, they allow their clients to provide high-quality IRA products that offer seamless access to professional advice, education, and institutionally priced investments regardless of account size. iraLogix was founded in 2015 and is headquartered in Pittsburgh, Pennsylvania, United States.

Gridwise

Series A in 2022
Gridwise, Inc. develops and operates a peer-to-peer driver intelligence mobile application for rideshare drivers. The company's software solution enables drivers to receive events and end time updates, real-time alerts, airport demand data, and maintain driver taskbar. Its application also enables to get alerts about traffic, weather, events letting out, and other nearby opportunities; calculate tax deductions and prepare detailed tax reports; automatically track mileage; and get real-time passenger data. Gridwise, Inc. was founded in 2016 and is headquartered in Pittsburgh, Pennsylvania.

iraLogix

Series B in 2020
iraLogix, an advanced, institutional IRA record-keeping and trading technology offering web-based institutional IRA record-keeping services. By providing the industry's only end-to-end, fully paperless system, they allow their clients to provide high-quality IRA products that offer seamless access to professional advice, education, and institutionally priced investments regardless of account size. iraLogix was founded in 2015 and is headquartered in Pittsburgh, Pennsylvania, United States.

Aspinity

Series A in 2020
Aspinity, Inc. specializes in the manufacturing of reconfigurable analog modular processor (RAMP) chips designed for ultra-low-power electronics. These compact, analog machine learning chips analyze raw, unstructured sensor data, enabling them to identify important data early in the signal chain while filtering out background noise. By processing analog data directly, Aspinity's technology reduces the need for higher-power processing of insignificant information, optimizing power consumption for always-on, battery-operated devices. Their innovations are particularly valuable in applications such as voice activation, industrial machine health monitoring, and wearable health devices across consumer, industrial, and biomedical markets. Founded in 2015 and based in Pittsburgh, Pennsylvania, Aspinity aims to enhance battery life in sensing applications without compromising performance.

Maven Machines

Series A in 2020
Maven Machines, Inc. specializes in developing advanced Bluetooth headsets designed specifically for truck drivers. These headsets are equipped with sensors that monitor the driver's condition, environment, and location, detecting signs of fatigue or distraction to enhance safety and prevent accidents. In addition to headset technology, Maven Machines offers a comprehensive mobile cloud solution for the trucking, transportation, and logistics sectors, integrating IoT sensors, artificial intelligence, and software to create a modern fleet management platform. This platform facilitates real-time telematics, driver safety monitoring, and automated compliance, catering to the needs of both drivers and fleet managers. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, the company also maintains offices in California and Texas.

FITT

Corporate Round in 2019
Fitt is a location-based platform that connects people to healthy living experiences across fitness, food, outdoors, and events. Available on the web, iOS, and Android, Fitt is live in 31 cities across the US, Canada, the UK, and Australia.

Ikos

Venture Round in 2019
Ikos Holdings Co. operates an online platform that connects landlords and renters, streamlining the rental experience for both parties. Founded in 2017 and based in Pittsburgh, Pennsylvania, the company offers a flexible on-demand leasing service for investors while utilizing data analysis to guide client investments. By simplifying the rental process, Ikos helps landlords and renters make informed decisions, fostering transparency and adaptability in their interactions. The platform aims to enhance the way individuals engage with rental properties, ultimately benefiting the real estate market.

Kaarta

Series A in 2019
Kaarta, Inc. specializes in advanced 3D reality capture technology, enabling the creation of accurate 3D models from real-world data without relying on external signals like GPS or Wi-Fi. The company offers a range of products, including software for processing point cloud data and generating 3D models, as well as portable scanning systems such as Contour and Stencil 2, which facilitate real-time mapping of complex environments. Kaarta's innovative technology, grounded in robotics and advanced algorithms, allows users from various fields—such as architecture, engineering, construction, and mobile robotics—to obtain precise spatial information efficiently. By converting physical spaces into digital representations, Kaarta enhances understanding and collaboration among stakeholders, ultimately streamlining workflows and reducing costs. Founded in 2015 and based in Pittsburgh, Pennsylvania, Kaarta was previously known as Real Earth, Inc. before rebranding in 2016.

iraLogix

Series A in 2018
iraLogix, an advanced, institutional IRA record-keeping and trading technology offering web-based institutional IRA record-keeping services. By providing the industry's only end-to-end, fully paperless system, they allow their clients to provide high-quality IRA products that offer seamless access to professional advice, education, and institutionally priced investments regardless of account size. iraLogix was founded in 2015 and is headquartered in Pittsburgh, Pennsylvania, United States.

Othot

Series A in 2018
Othot, Inc. is a Pittsburgh-based company that specializes in advanced analytics solutions primarily for higher education institutions. Founded in 2014, Othot develops a cloud-based platform that leverages artificial intelligence to help organizations extract valuable insights from their data. The company offers Enrollment analytics to assist institutions in identifying and reaching ideal students, as well as Retention analytics that provides actionable intelligence for engaging and retaining customers. Othot's services extend beyond higher education to include K-12 schools and the automotive sector, facilitating better relationships throughout the entire student-to-alumni lifecycle.

Ikos

Seed Round in 2017
Ikos Holdings Co. operates an online platform that connects landlords and renters, streamlining the rental experience for both parties. Founded in 2017 and based in Pittsburgh, Pennsylvania, the company offers a flexible on-demand leasing service for investors while utilizing data analysis to guide client investments. By simplifying the rental process, Ikos helps landlords and renters make informed decisions, fostering transparency and adaptability in their interactions. The platform aims to enhance the way individuals engage with rental properties, ultimately benefiting the real estate market.

Thread

Series A in 2015
Thread transforms plastic waste from the developing world into socially and environmentally responsible fabric. Apparel and accessories brands use Thread fabric to instantly improve the social impact, carbon footprint, and value of their own goods. Thread captures the stories of the people whose lives have been transformed by their fabric-making process, measures impact data and helps brands share that narrative with customers through their Ground to Good storytelling platform. Thread fabric already supports nearly 2,700 income opportunities and collects over 6 million bottles from the neighborhoods of Haiti and Honduras each month.

JazzHR

Series C in 2014
JazzHR is a user-friendly and affordable recruiting software designed specifically for small to medium-sized businesses. The platform replaces outdated hiring methods, such as email and spreadsheets, with an intuitive applicant tracking system that streamlines the recruitment process. It offers features such as candidate sourcing and employer branding, enabling recruiters and hiring managers to build an effective and scalable hiring strategy. Since its inception in 2009, JazzHR has assisted thousands of companies in filling over 100,000 positions. Additionally, it has introduced an integrated crowd-sourcing and predictive analytics initiative known as the Crowd, further enhancing its capabilities in talent acquisition.

RE2, Inc.

Series A in 2014
RE2 Robotics, located in Pittsburgh, PA, is a Carnegie Mellon spin-off. We were founded in 2001 by Jorgen Pedersen on the principles of developing innovative robotic technologies that save lives and improve quality of life. Our team designs mobile manipulation technologies that enable robot users to remotely interact with the world -- whether on the ground, in the air, or underwater. Our intuitive systems are easy to operate and enable users to remotely perform dangerous tasks. Our main customer is the Military and over 400 of our robotic arms have been deployed overseas for EOD missions.