Idea Foundry, established in 2002 and based in Pittsburgh, is a non-profit organization dedicated to innovation acceleration and commercialization. It aims to foster the creation of high-potential jobs across various sectors, including life sciences, entertainment, education, social enterprise, advanced materials, and water. With a portfolio of over 250 companies, Idea Foundry is recognized for its hands-on approach to business development and technology transfer, supporting socially impactful and innovation-driven enterprises. The organization serves as a catalyst for growth and development in the regional economy by facilitating the advancement of diverse and transformative business ideas.
Ruedata specializes in fleet management software that focuses on optimizing tire usage and costs for transportation companies. By utilizing advanced data analysis technology and automated learning algorithms, Ruedata provides valuable insights into tire maintenance, compliance planning, and cost management. This enables clients to enhance the profitability of their transport fleets with real-time information. Additionally, Ruedata's solutions contribute to environmental sustainability by reducing CO2 emissions through improved tire efficiency, ultimately yielding tangible savings in both operational costs and environmental impact.
Optimus Technologies
Series A in 2023
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.
Opareta
Venture Round in 2022
Opareta specializes in developing digital infrastructure aimed at enhancing the operational efficiency of analog agent networks. The company's platform provides a range of tools for performance management, enabling agents and network managers to gain real-time visibility into key performance indicators. Opareta's offerings include cash reconciliation, fraud detection, and compliance checks such as know-your-agent and know-your-customer processes. Additionally, the platform supports the digitization and tracking of field team operations, facilitating better decision-making and predictive demand forecasting. By streamlining transactions and optimizing inventory management, Opareta helps drive growth for agents and their partners.
YO-Waste
Non Equity Assistance in 2022
Yo-Waste is a mobile application designed to enhance waste management in urban areas, particularly in Kampala and other cities in Sub-Saharan Africa. The app connects waste generators, including households and businesses, with independent waste collection agents who use their own vehicles to provide on-demand garbage collection services. Users can easily request and schedule pickups through the platform, facilitating efficient waste disposal at designated dumpsites or recycling centers. By linking customers with independent haulers and recycling businesses, Yo-Waste aims to promote sustainable waste management practices and contribute to cleaner urban environments.
Takataka Plastics
Non Equity Assistance in 2022
Takataka Plastics is a waste management company focused on recycling plastic waste into construction materials in Uganda. By utilizing innovative technology, the company safely processes plastic waste, contributing to environmental sustainability and public health. Takataka Plastics not only aims to close the loop in the circular economy but also empowers local communities by creating jobs and providing affordable, quality products. Their efforts facilitate the effective transformation of waste into valuable resources, thereby promoting a cleaner and healthier environment.
Silabuz
Convertible Note in 2020
Silabuz is a company focused on enhancing tech talent within organizations through skill testing and upskilling solutions. By identifying and nurturing the potential of existing employees, Silabuz enables companies to significantly reduce recruitment costs and turnover rates, achieving savings of up to 70%. Additionally, Silabuz develops a virtual educational platform aimed at high school students, offering academic programs in computer science and programming. This platform provides face-to-face classes that equip students with the necessary skills for success in a competitive, digital landscape. By bridging the gap between traditional education and industry requirements, Silabuz empowers both employees and students to advance their careers and meet evolving market demands.
Sulo XYZ
Convertible Note in 2020
Sulo XYZ offers a portable power bank rental service designed for smartphones and small electronic devices. Users can conveniently rent, use, and return power banks through a mobile app at various locations. The rental stations, comparable in size to a toaster, can be installed in retail establishments, providing a dual benefit of charging convenience for customers and advertising opportunities for businesses. By promoting the use of rental chargers, Sulo XYZ aims to minimize the need for individual chargers, addressing both customer power needs and environmental concerns. This service makes access to portable charging solutions flexible and hassle-free, thereby enhancing the user experience while supporting retail partners.
nanoGriptech
Venture Round in 2020
nanoGriptech, Inc. specializes in manufacturing micro-fibrillar polymer-based dry adhesives and surfaces, drawing inspiration from the natural adhesion mechanism of gecko feet. Founded in 2012 and headquartered in Pittsburgh, Pennsylvania, the company offers a range of products, including the Setex Gecko Tape, which is a repeatable, residue-free, non-tacky tape, and the Setex Ultra-Thin Fastener, designed for seamless integration with smooth surfaces. Its innovative adhesive solutions are tailored for diverse applications such as wearables, sports gear, semiconductors, robotics, medical devices, automotive components, and packaging. nanoGriptech aims to provide a superior alternative to traditional reusable adhesives, focusing on durability and customization. The company has established partnerships with multinational corporations and has recently begun small volume sales in the high-friction clothing market.
Marinus Analytics
Convertible Note in 2020
Marinus Analytics is an organization focused on leveraging open-source intelligence and advanced technology to combat serious crimes such as human trafficking, child sex abuse, and cyber fraud. The company has developed a software-as-a-service (SaaS) tool that utilizes artificial intelligence and graph analytics to analyze large datasets, providing actionable insights that empower professionals on the front lines of public safety. By implementing purpose-driven algorithms, Marinus Analytics helps identify vulnerability indicators, enabling frontline workers to better protect at-risk individuals and address systemic exploitation. The organization places a strong emphasis on a victim-centered approach, aiming to improve the effectiveness of those dedicated to safeguarding vulnerable populations.
ArchDia
Convertible Note in 2019
ArchDiA is a developer of a software health management system focused on improving software architecture by identifying and quantifying architectural and design issues in large development projects. The platform provides tools for monitoring the degradation, variation, and evolution of software, enabling the detection of design flaws. It offers visualizations of the files linked to each flaw and provides diagnostics that help developers address these issues. By facilitating the identification of tech debt, ArchDiA aims to enhance software quality and reduce maintenance costs, thus supporting more efficient software development processes.
Panacea.Ag
Convertible Note in 2019
Panacea.Ag is a technology company dedicated to developing sustainable food ecosystems that empower local farmers through greenhouse automation and advanced technological solutions. By integrating various technologies, including blockchain, machine learning, and intelligent market analytics, Panacea.Ag creates efficient and resilient systems for local food production. The company focuses on optimizing daily farming operations, monitoring for pests, and ensuring compliance through a decentralized data ledger. Its mission is to foster healthy and prosperous communities by promoting decentralized and nutrient-dense food production. The company's offerings include an intuitive cloud platform and mobile applications designed to support farmers in achieving food security and sustainability.
LeanMed
Convertible Note in 2019
LeanMed is a medical device company focused on delivering essential medical oxygen to underserved regions. Its flagship product, the solar-powered O2 CUBE, is designed to provide supplemental oxygen to patients in remote health clinics, addressing critical healthcare needs in emerging areas. The O2 CUBE features a sealed enclosure and a user-friendly interface, allowing for efficient oxygen delivery and transport. Additionally, the device supports pulse oximetry, enhancing the diagnosis and management of pediatric pneumonia and other respiratory conditions. Through its innovative technology, LeanMed aims to improve healthcare access and outcomes in locations where medical resources are limited.
Nymbus Media
Convertible Note in 2018
Nymbus Media specializes in a concert platform that enhances the live music experience by connecting artists with their fans through innovative technology. The platform features LED wearable bracelets activated by a mobile app, allowing artists to create synchronized light displays during performances. This technology not only engages the audience but also facilitates a deeper connection between artists and fans, enabling the sale of merchandise and the collection of valuable live event data. Additionally, sponsors can utilize the Nymbus API to integrate interactive features into their own mobile applications, offering enhanced shopping experiences before and after concerts. Overall, Nymbus Media aims to transform live events into more immersive and interactive experiences for both artists and attendees.
MyHouseCall
Convertible Note in 2018
Developer of a mobile healthcare app service designed to connects patients with medical providers. The company's mobile healthcare app service offers both telemedicine and house call services utilizing qualified nurse practitioners and physicians, enabling patients to receive convenient care.
Bynsy
Convertible Note in 2018
BYNSY is a real estate platform that assists homeowners and real estate professionals in selling properties more efficiently. By analyzing data from home showings, BYNSY provides valuable insights that help reduce the sales cycle and enhance decision-making. The platform offers a commission-free tool for real estate transactions, allowing users to access both listed and unlisted homes. This approach enables sellers to achieve better prices for their properties without the burden of high commissions, ultimately streamlining the selling process and improving outcomes for all parties involved.
Intelomed
Convertible Note in 2018
InteloMed, Inc. is a medical device manufacturer focused on enhancing cardiovascular monitoring to improve patient outcomes. Founded in 2005 and based in Warrendale, Pennsylvania, the company offers the CVInsight Patient Monitoring & Informatics System. This system captures and analyzes a patient’s pulse waveform using proprietary algorithms, providing noninvasive, real-time insights into cardiovascular stability. It is utilized in various settings including hospitals, outpatient facilities, and during procedures such as hemodialysis and heart failure management. By delivering actionable health information, InteloMed's technology enables clinicians to make informed decisions regarding diagnosis and treatment planning for at-risk patients, thereby improving overall care pathways.
Clinical Platform
Convertible Note in 2017
Clinical Platform creates short form, video based patient and caregiver information for people that have chronic illnesses and then connects them to clinical trials. The purpose of our business is to improve the outcomes of patients by providing easily accessible and retain-able information on the diagnosis of, treatments for and living with and any chronic disease. It is a fact that better educated patients have improved outcomes.
Aruga Technologies
Convertible Note in 2017
Aruga Technologies is a medical device company focused on developing innovative vascular grafts and shunts that replicate the characteristics of natural arteries. The company utilizes a nature-inspired surface technology in its synthetic vascular reconstruction designs, which significantly enhances the longevity of implants by preventing blood clot buildup on surfaces that come into contact with blood. This advancement not only aims to improve patient outcomes but also offers benefits to surgeons and healthcare facilities by providing effective solutions at affordable costs.
Pixure Book Publishing
Convertible Note in 2017
Pixure Book Publishing specializes in an interactive application aimed at promoting language learning among children. The platform incorporates games, narrations, and multimedia elements to create an engaging educational experience. By featuring imaginative characters and original plot lines, the application helps children build their vocabulary and enhance their language skills in a fun and interactive way.
Dine & Drink
Convertible Note in 2017
Dine & Drink is a multivendor platform based in Pittsburgh, Pennsylvania, that facilitates connections between hosts and guests for diverse dining experiences. The platform enables users to engage in homemade meals, meal pick-up services, and cultural events, uniting various cuisines and traditions from around the world. By connecting diners with freelance chefs and other service providers, Dine & Drink fosters unique culinary experiences that celebrate cultural diversity and personal connections.
Solinius
Convertible Note in 2017
Solinius is a company that specializes in the development of connected sensors and monitoring platforms tailored for harsh environments. Its tools are installed on critical infrastructure, enabling secure monitoring and remote operation. Additionally, Solinius focuses on creating IoT energy platforms designed to deliver affordable energy solutions in regions with limited access to electricity. By integrating its technology with solar energy applications, the company addresses energy needs in developing areas, particularly during times of electricity crisis.
Sewickley Confectionery
Convertible Note in 2017
Sewickley Confectionery is a family-owned ice cream store situated in the center of Sewickley village. The owner, who has a background in farming and extensive experience in dairy manufacturing and retail, prioritizes quality in their offerings. The establishment specializes in a diverse range of frozen desserts, including ice cream, gelato, cakes, and swirl freezes, while also providing fountain drinks. Additionally, Sewickley Confectionery offers home delivery of various dairy products, such as glass bottled milk, farm-fresh eggs, and locally sourced cheeses, along with meats from their own farm and butter. This commitment to quality and local sourcing allows customers to enjoy premium frozen treats and essential dairy products.
Module
Convertible Note in 2017
Module specializes in the development of modular housing projects that aim to provide innovative residential solutions for the urban environment. The company focuses on designing and constructing homes in a modular fashion, which allows for smart architectural designs to be accessible to a broader audience. By offering a pay-as-you-go model, Module enables potential homeowners to acquire the appropriate amount of living space tailored to their needs, making homeownership more affordable and flexible. The company's approach seeks to meet the demands of modern living while ensuring that customized housing services are available to its clients.
FIT Farms
Convertible Note in 2017
FIT Farms operates as an urban herb farm focused on providing living-wage employment and STEAM training opportunities. The organization aims to foster economic growth within its local communities by offering mindful urban agriculture training. Through its programs, FIT Farms equips individuals with the knowledge and skills necessary to cultivate and process food, thereby supporting sustainable practices and contributing to the reduction of recidivism in the surrounding population. By emphasizing hands-on learning and community engagement, FIT Farms positions itself as a vital resource for both personal and economic development.
LumiShield
Convertible Note in 2017
LumiShield Technologies Inc. specializes in anti-corrosion products tailored for the metal plating industry. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, the company has introduced Lumidize®, an innovative aluminum oxide coating designed for the $11 billion metal pretreatment market. This coating enhances the adhesion of paints to various metal substrates, significantly improving corrosion resistance. LumiShield's products cater to diverse sectors, including biomedical, automotive, aerospace, infrastructure, electronics, manufacturing, marine, and consumer goods. By leveraging their proprietary chemistry, Lumidize® allows manufacturers to utilize existing capital equipment, streamlining production processes and reducing costs while addressing environmental concerns associated with traditional technologies.
Lumis
Convertible Note in 2017
Lumis
Optimus Technologies
Debt Financing in 2017
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.
Intelomed
Convertible Note in 2015
InteloMed, Inc. is a medical device manufacturer focused on enhancing cardiovascular monitoring to improve patient outcomes. Founded in 2005 and based in Warrendale, Pennsylvania, the company offers the CVInsight Patient Monitoring & Informatics System. This system captures and analyzes a patient’s pulse waveform using proprietary algorithms, providing noninvasive, real-time insights into cardiovascular stability. It is utilized in various settings including hospitals, outpatient facilities, and during procedures such as hemodialysis and heart failure management. By delivering actionable health information, InteloMed's technology enables clinicians to make informed decisions regarding diagnosis and treatment planning for at-risk patients, thereby improving overall care pathways.
Ikos
Convertible Note in 2015
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.
Safaba Translation Solutions
Convertible Note in 2014
Machine Translation answers the need of today’s global business for high volume and high velocity content localization and enterprise translation. Safaba provides Enterprise Machine Translation solutions to the world’s leading global enterprises.
Seed Aquaponics
Grant in 2014
Seed Aquaponics specializes in the development of aquaponic systems that facilitate the sustainable cultivation of organic vegetables and fish. Utilizing a closed-loop system that incorporates fish manure, the technology is designed to meet various requirements and is adaptable to diverse climates. This innovative approach enables individuals and organizations to grow organic produce efficiently and sustainably, promoting environmentally friendly agricultural practices.
Peptilogics
Convertible Note in 2013
Peptilogics, Inc. is a biotechnology company based in West Mifflin, Pennsylvania, that focuses on developing novel peptide therapeutics to combat multidrug-resistant bacterial infections. Established in 2013, Peptilogics employs a unique computational platform that facilitates drug discovery by exploring new chemical design spaces and ensuring the biological viability and manufacturability of potential therapeutics. The company's lead candidate, PLG0206, is a broad-spectrum anti-infective peptide that has received FDA Orphan Drug Designation and Qualified Infectious Disease Product Designation, targeting prosthetic joint infections, which represent a significant unmet medical need. Peptilogics aims to provide effective solutions to address the challenges posed by resistant bacteria and biofilms, ultimately improving treatment outcomes for patients.
CIMA Software
Convertible Note in 2013
CIMA Software is a software company located in Pittsburgh.
Zulama
Convertible Note in 2013
Zulama, LLC is an online education provider based in Pittsburgh, Pennsylvania, established in 2009. The company offers a browser-based learning management system that combines game design technologies with project-based strategies, primarily aimed at middle and high school students. Developed with input from faculty at Carnegie Mellon University’s Entertainment Technology Center, Zulama's curriculum includes subjects such as game design, programming, art, and screenwriting, fostering skills in STEM and the arts (STEAM). The platform emphasizes mentor-based professional development for teachers, enabling them to facilitate an engaging learning environment. Zulama's approach promotes deeper learning and aligns with state and national curriculum standards, resulting in improved student outcomes, including better school rankings and enhanced proficiency in math and reading. By encouraging students to build games, Zulama not only cultivates technical skills but also creativity, preparing them for success in the digital workforce. As of February 2018, Zulama operates as a subsidiary of EMC Publishing, LLC.
Meaningfy
Convertible Note in 2013
Meaningfy is a digital platform designed to assist busy professionals by monitoring markets and delivering updates on relevant trends, insights, and news. It serves as an intelligence tool for business development, allowing users to track important information that can aid in decision-making and strategic planning. By providing timely and pertinent updates, Meaningfy enables professionals to stay informed about market dynamics, helping them to navigate their business environments more effectively.
PittMoss
Convertible Note in 2013
PittMoss LLC specializes in the production of sustainable gardening products, primarily offering PittMoss, a peat-free potting mix made from organic additives and recycled paper fibers. Founded in 1994 and based in Ambridge, Pennsylvania, the company serves greenhouse and nursery growers as well as home gardeners across the United States. PittMoss is designed to provide an environmentally friendly alternative to traditional sphagnum peat moss, utilizing materials that would otherwise contribute to landfill waste. In addition to its primary product, PittMoss also offers PittMoss Prime, a versatile soil amendment that can be blended with compost, existing soil mixes, or native soil. Through its innovative approach to gardening solutions, PittMoss aims to make sustainable gardening more accessible and affordable for all users.
My RightNote
Convertible Note in 2012
My RightNote is an educational service company focused on providing accommodations for disabled children. The company offers a range of services, including the creation of notes, outlines, and study guides by experienced tutors and students. In addition to these services, My RightNote delivers high-quality educational materials and exam guides for over fifty courses at the University of Pittsburgh. By enabling disability service departments across the United States to access these resources, My RightNote helps ensure that students with disabilities receive the necessary support to succeed in their academic pursuits at competitive rates.
Hability
Convertible Note in 2012
Hability is a Patient Relationship Management (PRM) platform designed specifically for physical therapy clinics. It addresses the evolving landscape of patient engagement by facilitating communication between healthcare practitioners and their clients, both during treatment and after program completion. The platform automates personalized follow-up plans, allowing practitioners to connect with patients through various channels such as text, email, or phone, all from a single interface. By enhancing patient relationships, Hability helps clinics foster loyalty, encouraging repeat visits and generating positive word-of-mouth referrals, ultimately positioning them as the providers of choice in a competitive market.
Qrono
Convertible Note in 2011
Qrono Inc. is a biotechnology company based in Pittsburgh, Pennsylvania, focused on developing innovative therapies to improve communication between cancer and immune cells. Incorporated in 2010, Qrono specializes in discovering and developing immunotherapy drug products that target antigen-presenting cells, aiming to enhance vaccine efficacy and address autoimmune diseases. The company's signature product, Eloquent™ Immunotherapy, is designed to rewrite tumor-immune cell interactions, thereby offering healthcare professionals new, effective treatment options with low toxicity and cost-effectiveness. Through its platform, Qrono is committed to advancing patentable nanomedicines that reprogram antigen-presenting cells for use in cancer and other diseases, ultimately benefiting cancer patients.
Optimus Technologies
Debt Financing in 2011
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.
Thread
Convertible Note in 2011
Thread LLC, established in 2010 and headquartered in Pittsburgh, Pennsylvania, specializes in producing and marketing fabric made from recycled materials. The company's unique process involves transforming plastic waste, primarily from developing countries like Haiti and Honduras, into high-quality fabric. This fabric is then used by apparel and accessories brands to create products with a positive social and environmental impact. Thread's innovative approach not only reduces plastic waste but also creates income opportunities for local communities, with nearly 2,700 such opportunities supported to date. The company measures and shares the impact data and stories behind its fabric through its Ground to Good storytelling platform, enabling brands to communicate their positive impact to customers.
ComVibe
Convertible Note in 2010
ComVibe is a property management platform focused on enhancing the performance of property maintenance through improved communication and service delivery. Established in 2010, the company identified a significant link between resident satisfaction and effective property management services. After extensive research, it recognized that poor maintenance is the primary cause of avoidable resident turnover. To address this issue, ComVibe offers a suite of tools that facilitate better management practices, such as streamlined payment processes, vacancy filling, and communication between managers and tenants. By fostering positive community feedback, the platform aims to create a cycle of continuous improvement in service quality, thereby enhancing customer satisfaction and optimizing net operating income for property managers.
SpectraGenetics
Convertible Note in 2010
SpectraGenetics, LLC is a biotechnology company that specializes in developing and supplying reporter-tagged genes to cell and molecular biologists across academic, government, and industrial sectors. Founded in 2003 and based in Pittsburgh, Pennsylvania, the company offers a range of mouse and human genes that express fluorescent proteins, enabling the study of protein dynamics, transcriptional regulation, and RNA interactions. Additionally, SpectraGenetics focuses on G protein-coupled receptors (GPCRs) and has developed proprietary Fluorogen Activating Peptide (FAP) technology for the direct measurement of GPCR internalization and trafficking. This innovative approach allows researchers to manipulate fluorescent signals without relying on secondary messengers, making it a valuable tool for therapeutic development. The company has tagged over 150 GPCRs and validated more than 30 cell lines, contributing significantly to advancements in molecular biology research.
BlackLocus
Convertible Note in 2010
BlackLocus is a provider of automated pricing tools aimed at mid-market and large online retailers. Based in Austin, Texas, the company leverages competitive pricing data from the web alongside clients' online store data to deliver actionable insights on pricing and product assortment. By utilizing advanced machine learning and revenue management techniques, BlackLocus offers a pricing-as-a-service model that enables retailers to optimize their pricing strategies effectively. The platform also helps businesses monitor competitors' product prices and shipping rates, providing recommendations for pricing, inventory management, and marketing. BlackLocus aims to simplify complex enterprise data, allowing retailers to maximize their market opportunities.
DeepLocal
Convertible Note in 2010
DeepLocal Inc. is a Pittsburgh-based studio specializing in mobile software design, development, and strategy. Founded in 2006 as a spin-off of Carnegie Mellon University, the company combines the expertise of artists, designers, and technologists to address complex communication challenges with an emphasis on usability and simplicity. DeepLocal creates and manages interactive digital projects and marketing campaigns, offering solutions across mobile, web, and print platforms. Among its products is TinyBlast, a web application for mobile marketing campaigns, alongside a mobile API that facilitates SMS communications for developers. The company is dedicated to crafting high-end technology and design solutions while also focusing on launching its own innovative products.
Neya Systems
Convertible Note in 2010
Neya Systems, LLC is a robotics company based in Warrendale, Pennsylvania, specializing in the development of unmanned systems and off-road autonomy technologies. Established in 2004, the company offers a range of products tailored for defense, homeland security, and commercial sectors. Key offerings include UxFleet for unmanned systems planning, UxAB for integrating autonomy into existing platforms, and MPMS for legacy unmanned platform integration. Additionally, Neya provides UxCBRN, which interfaces with various environmental sensors, and UxSDK, a software developer kit that simplifies access to its ecosystem. Neya Systems aims to address complex challenges in autonomy and computer vision, enhancing the deployment and functionality of unmanned systems across diverse applications. As of 2017, it operates as a subsidiary of Applied Research Associates, Inc.
Industrial Learning Systems
Convertible Note in 2010
Industrial Learning Systems (iLS) is a Carnegie Mellon University spin-out focused on developing industrial manufacturing products that help manufacturers monitor and adapt to changes in production environments. By offering adaptive solutions that do not require the upfront and maintenance costs associated with model-based alternatives, iLS aims to enhance productivity, improve quality, and minimize downtime for manufacturers. The company's innovative approach allows for a more efficient response to dynamic manufacturing conditions, ultimately benefiting the overall operational effectiveness of its clients.
Optimus Technologies
Convertible Note in 2010
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.
Intelomed
Convertible Note in 2010
InteloMed, Inc. is a medical device manufacturer focused on enhancing cardiovascular monitoring to improve patient outcomes. Founded in 2005 and based in Warrendale, Pennsylvania, the company offers the CVInsight Patient Monitoring & Informatics System. This system captures and analyzes a patient’s pulse waveform using proprietary algorithms, providing noninvasive, real-time insights into cardiovascular stability. It is utilized in various settings including hospitals, outpatient facilities, and during procedures such as hemodialysis and heart failure management. By delivering actionable health information, InteloMed's technology enables clinicians to make informed decisions regarding diagnosis and treatment planning for at-risk patients, thereby improving overall care pathways.
Biosafe
Convertible Note in 2009
Biosafe specializes in the development and manufacturing of anti-microbial polymers designed to inhibit the growth of bacteria, fungi, mold, mildew, yeast, and algae. Utilizing its patented polymer technology, the company offers a diverse range of products, including water-based solutions, polymeric powders, and solid materials like touch screen skins and keyboard covers. These products provide continuous protection against microorganisms, helping to maintain low levels of adenosine triphosphate (ATP) on high-touch surfaces. Biosafe's formulations are non-toxic to humans, making them suitable for various applications where cleanliness and freshness are essential, ensuring environments and items remain sanitized throughout the day.
Optimus Technologies
Convertible Note in 2009
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.
Circadiance
Convertible Note in 2009
Circadiance LLC is a medical device manufacturing company based in Turtle Creek, Pennsylvania, specializing in respiratory products for individuals with sleep-disordered breathing and those requiring non-invasive ventilation. Founded in 2006, the company develops and markets a range of innovative solutions, including the SleepWeaver all-cloth positive airway pressure masks that enhance comfort during sleep, and the SmartMonitor 2, a portable apnea monitor designed for infants that tracks heart and respiration activity. Additionally, Circadiance offers the SmartMonitor 2 Professional Series for healthcare providers, providing detailed monitoring data, as well as neonatal/pediatric electrodes and the Synergy-E Event Software for analyzing infant apnea data. The NeoPAP system is also part of their product line, designed to treat newborns experiencing respiratory distress syndrome. Circadiance products are distributed through durable medical equipment providers, online retailers, and directly to healthcare professionals, both domestically and internationally.
Cellular Tracking Technologies
Convertible Note in 2009
Cellular Tracking specializes in the development of radiotelephone communication technologies that utilize cellular and GPS systems for tracking various items. Their innovative solutions cater to a wide range of applications, including conservation efforts, where they assist in monitoring endangered species, as well as logistics, where they help track cargo containers. By integrating advanced two-way communication capabilities, Cellular Tracking provides clients with reliable tools for real-time tracking and data collection, thereby supporting both environmental research and efficient supply chain management.
Astrobotic
Convertible Note in 2009
Astrobotic Technology Inc. is a Pittsburgh-based company specializing in affordable space robotics and planetary missions. It develops advanced technologies aimed at supporting space agencies in executing a variety of lunar missions. Astrobotic's offerings include prototype rovers designed to transport commercial, governmental, and scientific payloads to the Moon's surface. In addition to payload delivery, the company focuses on collecting lunar science and engineering data while also organizing media and sponsorship events related to its missions. Through its innovative solutions, Astrobotic is poised to facilitate greater access to space exploration and research.
Wombat Security Technologies
Convertible Note in 2008
Wombat Security Technologies, Inc. specializes in interactive software solutions aimed at enhancing cyber security awareness and compliance among employees. The company offers a comprehensive Security Education Platform that includes knowledge assessments, a library of simulated attacks, and interactive training modules designed to significantly reduce the success rate of phishing attacks and malware infections. Key products include PhishPatrol, an anti-phishing email filter; PhishAlarm Analyzer, which assists in identifying reported phishing emails; CyberStrength, an assessment tool for evaluating employee cyber security knowledge; and various simulation services such as USBGuru and SmishGuru that train employees on memory device and text message phishing attacks respectively. Wombat serves a diverse clientele, including Fortune 1000 companies in sectors such as finance, healthcare, and technology. Founded in 2008 and based in Pittsburgh, Pennsylvania, with an additional office in the United Kingdom, Wombat operates as a subsidiary of Proofpoint, Inc.
Just Between Friends
Convertible Note in 2008
They have earned money and clothed their children, and most importantly, they have met many new friends. Starting out with 17 consignors in Shannon's living room, they have gone to over 1400 consignors in the Exchange Center of Expo Square in Tulsa, Oklahoma. Each territory supports one or more non-profits. Just another way that JBF helps the community. It gives moms the opportunity to sell their children's gently used clothes, furniture, equipment, toys and even maternity. Not only can they sell their things, but it is a great place to purchase great items at unbelievable prices. Becoming part of this great event is easy. You gather your items, prepare them for the sale, and drop them off at the sale to be sold. In most territories, for participating, you get to be a part of a presale that you have to see to believe! Imagine this, getting to choose from thousands of items of the best in children's, maternity and teens' merchandise that you have ever seen!
First Insight
Convertible Note in 2007
First Insight Inc., established in 2007 and headquartered in Warrendale, Pennsylvania, specializes in cloud-based predictive analytics solutions for retailers, manufacturers, and e-commerce companies. The company's core offering is a SaaS platform that provides data-driven insights into the expected performance of new products within 48-72 hours, enabling clients to make informed decisions on product design, buying, assortment planning, pricing, and marketing strategies. This platform leverages Big Data and gamification techniques to gather consumer feedback on hundreds of candidate products simultaneously, ensuring retailers and brands focus on the most promising items. Additionally, First Insight offers iCX, a customer experience platform, further expanding its suite of solutions for clients aiming to improve sales margins and inventory turnover.
Sim Ops Studios
Convertible Note in 2007
Sim Ops Studios, Inc., a spin-off from Carnegie Mellon University, operates from Pittsburgh, PA, while expanding its headquarters to the San Francisco Bay Area. The company's team comprises skilled engineers, designers, and product managers with experience in online entertainment, game development, and technology innovation. Sim Ops Studios specializes in creating user-friendly platforms for 3D game development, leveraging extensive research and development conducted at Carnegie Mellon. Their flagship product, Wild Pockets, is a technology platform that allows users to easily create fully interactive, collaborative 3D worlds that function seamlessly in web browsers.
ContentVision
Convertible Note in 2007
ContentVision specializes in infrastructure technology and software solutions focused on the automated analysis and retrieval of video content. The company develops advanced technology that generates detailed metadata to describe and organize video resources, facilitating automated indexing and efficient retrieval of archived assets. This capability enhances workflow efficiency across the media and entertainment supply chain. ContentVision serves a diverse clientele, including television broadcasters, advertising agencies, corporations, healthcare providers, and educational institutions, all seeking innovative solutions for digital media management. The company is privately held and operates out of Pittsburgh, PA.
ImpactGames
Convertible Note in 2006
ImpactGames is a developer based in Pittsburgh, Pennsylvania, focused on creating interactive experiences that engage and educate individuals about current events and social issues. By leveraging an online gaming platform, the company partners with various organizations to transform how people consume information and comprehend the world around them. Through its innovative approach, ImpactGames aims to foster a deeper understanding of important topics while providing a compelling and entertaining medium for learning.
Industrial Learning Systems
Convertible Note in 2005
Industrial Learning Systems (iLS) is a Carnegie Mellon University spin-out focused on developing industrial manufacturing products that help manufacturers monitor and adapt to changes in production environments. By offering adaptive solutions that do not require the upfront and maintenance costs associated with model-based alternatives, iLS aims to enhance productivity, improve quality, and minimize downtime for manufacturers. The company's innovative approach allows for a more efficient response to dynamic manufacturing conditions, ultimately benefiting the overall operational effectiveness of its clients.
OnHand Schools
Convertible Note in 2005
OnHand Schools, Inc., based in Pittsburgh, Pennsylvania, specializes in developing classroom management software aimed at enhancing student learning experiences. Founded in 2004 and operating as a subsidiary of Harris School Solutions, the company focuses on delivering educational technology solutions that personalize and accelerate learning for students. By partnering with innovative educators, OnHand Schools strives to create high-performing educational environments where all students can achieve their academic potential. The company emphasizes the importance of simplifying and organizing data to provide a comprehensive view of student performance, which enables educators to gain insights that inform curriculum improvements, differentiated instruction, assessment processes, and targeted intervention strategies.
Applied Computational Technologies
Convertible Note in 2005
Applied Computational Technologies is a software development company that specializes in applications for the life sciences, particularly in radiation treatment planning for cancer therapy. With a significant number of cancer diagnoses in the United States, a large portion of patients undergo radiation treatment, highlighting the importance of effective planning tools. The company's flagship product, ProACTive, serves as a dose calculation engine that facilitates adaptive radiotherapy, enhancing the precision and effectiveness of cancer treatment. Through its innovative software solutions, Applied Computational Technologies aims to improve patient outcomes in the challenging field of oncology.
AddThis
Convertible Note in 2005
AddThis is a social sharing and analytics platform that facilitates the distribution and tracking of online content across various digital channels. Founded in 2004 and based in McLean, Virginia, the company offers tools that enable users to share web pages, widgets, and videos on social networks, bookmarking sites, and blogs. Its platform provides valuable insights by allowing users to see how content is shared and track engagement metrics such as email shares and copied URLs. Serving over 15 million domains and reaching approximately 2 billion unique users, AddThis leverages a significant volume of page views annually to optimize user experiences and drive traffic. Its offerings cater to publishers, brands, consumers, and advertisers, enhancing their ability to connect with target audiences and improve engagement. As of January 2016, AddThis operates as a subsidiary of Oracle Corporation.
ClearData International
Convertible Note in 2004
ClearData, founded in 2002 by industry veterans, operates an automated prospect management platform designed to assist insurance agents in business growth. The company's web-based technology monitors critical events and aggregates this information into actionable insights. This enables insurance carriers, agencies, and agents to enhance their efficiency and increase profitability. ClearData has a proven track record of delivering significant growth for businesses of varying sizes, from small enterprises with revenues under $100,000 to large multinational corporations generating billions in revenue.
ClearCount Medical Solutions
Convertible Note in 2004
ClearCount Medical Solutions specializes in patient safety solutions for the operating room, focusing on the prevention of medical errors. The company has developed an innovative sponge management system that integrates counting and detection capabilities, enhancing surgical efficiency and patient safety. Utilizing radio frequency identification (RFID) technology, ClearCount's platform enables quick reconciliation of sponge counts during procedures. In cases where a count does not reconcile, the SmartWand™ device assists in locating any missing sponges, further minimizing risks associated with retained surgical items. Through these advancements, ClearCount Medical Solutions aims to improve operational efficiency in surgical environments while ensuring better outcomes for patients.
AssistWare Technology
Convertible Note in 2004
AssistWare Technology, Inc. specializes in the research and development of advanced safety systems for vehicles, focusing on lane departure warning and drowsy driving detection. The company's flagship product, SafeTRAC, utilizes a forward-looking video camera and machine vision technology to monitor road conditions and driver behavior. This system alerts drivers when they unintentionally drift out of their lane and detects signs of drowsiness or distraction by analyzing patterns of erratic lane keeping. By enhancing the safety of both commercial trucks and passenger vehicles, AssistWare Technology aims to contribute to safer driving experiences on the road.
Starr Life Sciences
Convertible Note in 2004
STARR Life Sciences Corp. specializes in the development and manufacturing of research equipment for small animal studies, aimed at advancing life sciences. Based in Oakmont, Pennsylvania, the company offers a range of products including the MouseOX Plus pulse oximeter, which measures vital parameters such as heart rate, arterial oxygen saturation, and temperature in mice and rats. Additionally, STARR Life Sciences provides the E-Mitter Telemetry System, enabling continuous monitoring of temperature, activity, and heart rate through implantable telemetry devices and accompanying software. Their product lineup also includes incage running wheels, activity cage systems, and infrared motion sensors, all designed to facilitate non-invasive observation of animal health and behavior. The company's offerings are utilized by researchers, veterinarians, and institutions within the pharmaceutical and academic sectors, reflecting a commitment to supporting medical research through innovative technology.
MedSage Technologies
Pre Seed Round in 2004
MedSage Technologies specializes in providing software and services tailored for healthcare providers within the home medical equipment industry. The company offers a range of solutions, including management tools for obstructive sleep apnea (OSA), diabetes, and enteral services, as well as support for rental equipment and respiratory medications. Additionally, MedSage Technologies focuses on enhancing sleep lab outcomes, thereby addressing various needs in the evolving healthcare landscape.
BitArmor Systems
Convertible Note in 2004
BitArmor Systems was a security software company located in Pittsburgh, Pennsylvania, specializing in information-centric data security solutions. The company developed an integrated encryption technology designed to safeguard data across various devices, including laptops, desktops, USB drives, and email attachments. Its offerings included cloud-based encryption solutions for mid-market businesses, focusing on file and disk encryption to protect sensitive information stored in multiple formats like CDs, DVDs, storage servers, and tapes. BitArmor's innovative approach to data security garnered attention, ultimately leading to its acquisition by Trustwave Holdings, Inc.
InspectTech
Convertible Note in 2004
InspectTech offers mobile inspection and asset management solutions designed to help clients efficiently collect, analyze, and manage inspection data. By streamlining the inspection process, InspectTech aids asset owners in planning inspections, managing data, and meeting compliance with government reporting requirements. Their software features advanced report generation and robust security, along with enhanced searching capabilities and the integration of various data types, including images, videos, and audio files. This comprehensive approach not only reduces the overall cost of inspections but also facilitates informed decision-making. InspectTech's solutions are applicable to a diverse range of assets, including bridges, culverts, signs, light poles, antenna towers, stormwater systems, guardrails, and retaining walls.
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