iNetworks is a venture capital firm founded in 1999 and based in Pittsburgh, Pennsylvania. It specializes in investments within the life sciences and technology sectors, focusing on early and growth-stage companies. The firm is dedicated to fostering innovation by providing financial resources and strategic management to accelerate the development of its portfolio companies. iNetworks aims to identify and nurture businesses with the potential to lead their fields through technological advancements and market leadership. By leveraging industry experience and a robust network, iNetworks helps its investments achieve their strategic objectives while striving to create value for its investors through a diversified portfolio of promising ventures.
Co-Founder, Senior Managing Partner, Managing Director
7 past transactions
Wenzel Spine
Venture Round in 2021
Wenzel Spine, Inc. is a medical technology company dedicated to developing innovative diagnostic and minimally invasive surgical solutions for spinal disorders. By focusing on advanced medical devices, the company aims to enhance the quality of spine care through simplified procedures and reduced recovery times. Wenzel Spine's surgical systems are designed to empower surgeons in their treatment efforts, ultimately facilitating quicker recovery for patients while improving overall outcomes in spinal care.
Wenzel Spine
Series C in 2018
Wenzel Spine, Inc. is a medical technology company dedicated to developing innovative diagnostic and minimally invasive surgical solutions for spinal disorders. By focusing on advanced medical devices, the company aims to enhance the quality of spine care through simplified procedures and reduced recovery times. Wenzel Spine's surgical systems are designed to empower surgeons in their treatment efforts, ultimately facilitating quicker recovery for patients while improving overall outcomes in spinal care.
PennAlt Organics
Series A in 2016
PennAlt is a pharmaceutical company that focuses on neurological disorders.The company's products specialize in the treatment of disorders related to brain, spine and the nerves by providing medical marijuana at an appropriate and consistent dosage, enabling patients to alleviate pain and suffering and recover from their disorders at a faster rate.
Unequal
Series B in 2016
Unequal Technologies, founded by Robert Vito, specializes in advanced protective gear designed to reduce the risk of injuries in both military and athletic contexts. The company's innovative multilayer composite material, fortified with DuPont Kevlar aramid fibers, effectively stops bullets and disperses impact energy, ensuring the safety of users. Originally developed for military applications and rigorously tested to meet National Institute of Justice standards, Unequal's technology has transitioned successfully into the sports industry. It is now widely adopted by professional athletes, particularly in the NFL, NHL, and Major League Baseball, as well as in action sports. The lightweight and flexible design of Unequal's products allows athletes to maintain mobility while benefiting from superior protection compared to traditional foam and plastic alternatives. With over 85 patents and accolades for innovation, Unequal continues to expand its reach across various sports, offering customizable solutions for collegiate and youth athletes to enhance safety during play.
Novian Health
Series A in 2014
Novian Health Inc. is a medical device company based in Chicago, Illinois, that specializes in minimally invasive treatments for breast tumors. The company has developed and patented a proprietary technology known as Interstitial Laser Therapy (ILT), which offers a controlled heating procedure for the focal destruction of both cancerous and non-cancerous tumors. This approach serves as an alternative to traditional surgical lumpectomies, allowing for a less invasive treatment option. Novian Health markets its products, including the Novilase image-guided laser ablation device, across several locations in the United States, including Chicago, Denver, Knoxville, Tampa, West Palm Beach, and Queens. Since its incorporation in 1991, the company has focused on improving early detection and treatment options for breast cancer.
Novian Health
Series A in 2013
Novian Health Inc. is a medical device company based in Chicago, Illinois, that specializes in minimally invasive treatments for breast tumors. The company has developed and patented a proprietary technology known as Interstitial Laser Therapy (ILT), which offers a controlled heating procedure for the focal destruction of both cancerous and non-cancerous tumors. This approach serves as an alternative to traditional surgical lumpectomies, allowing for a less invasive treatment option. Novian Health markets its products, including the Novilase image-guided laser ablation device, across several locations in the United States, including Chicago, Denver, Knoxville, Tampa, West Palm Beach, and Queens. Since its incorporation in 1991, the company has focused on improving early detection and treatment options for breast cancer.
Vital Sensors
Venture Round in 2006
Vital Sensors is a medical device company based in Richmond, Virginia, that specializes in developing remote cardiac sensors for patients with congestive heart failure. Founded in 2002, the company provides on-demand data monitoring solutions for individuals with cardiovascular diseases, facilitating both hospital and home care. Vital Sensors aims to improve patient outcomes by offering advanced monitoring capabilities through its innovative technology.
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