Innospark Ventures

Innospark Ventures, Inc. is a venture capital firm based in Boston, Massachusetts, founded in 2018. The firm specializes in seed and early-stage investments, focusing on impact-driven startups in the artificial intelligence sector, as well as companies in business services, life sciences, education, and cybersecurity. Innospark Ventures typically invests between $0.5 million and $5 million in its portfolio companies, aiming to support innovative solutions that address significant challenges across various industries.

Howard Bornstein

Principal

Jeff Knox

Associate

Legare, Mark

Venture Investor

Deepak Verma

Operating Partner

39 past transactions

NODWIN Gaming

Series A in 2023
Established in 2015, NODWIN Gaming is one of the world’s leading emerging market Gaming and esports companies which is building a high growth and sustainable ecosystem. The framework involves synergies across professional esports athletes, Teams, content creators, products and audiences. NODWIN Gaming works on Sports entertainment (with a focus on esports as their sport of choice) as the core value offering to Fans, Publishers, and brands across its various IPs in esports,Gaming, Music, Comedy and Live experiences focussed on the NODWIN Gaming Fan. NODWIN operates across multiple offices in South Asia, Singapore, Middle East and Turkey. NODWIN Gaming a material subsidiary Nazara Technologies Ltd (BSE: NAZARA).

ODAIA

Series B in 2023
ODAIA has innovated the first AI-powered Customer Data Platform (CDP) that pioneered the combination of process mining, customer journey mapping and AI to deliver goal-driven commercial insights and process automation as a SaaS for the Life Sciences industry.

Dyania Health

Seed Round in 2022
Dyania’s mission is to deploy their medically specialized and proprietary Synapsis AI to automate manual chart review, one of the most inefficient and time-consuming processes in modern healthcare, thereby empowering clinicians to deliver optimal care, precisely when patients need it. Dyania’s system is being used at large healthcare systems to unlock enterprise-wide clinical trial pre-screening, run automated chart review for observational studies, and automate complex registry reporting, dramatically reducing manual workloads and ensuring more accurate and timely patient care.
Kreedo is an Edtech company that offers customers an end-to-end solution, from naming their preschool, marketing support, layout, admissions process, and so on, to running a premium preschool, which includes curriculum, educational materials, teacher and owner training, and assessment solutions.

Text Mercato

Seed Round in 2022
Text Mercato is a technology-based content writing solution provider that helps develop content using a custom-built platform and algorithms to deliver quality work. It is a provider of content writing and distribution services used to help eCommerce platforms to onboard sellers and catalog their products. It provides analytical reporting on the content in terms of rating, English quality, word density, blacklisted words, and recommends words. Also, it provides copywriting services on the content developed. Its pricing is based on the type of content, the quality expected, the size of the order, and the timelines. Text Mercato was established in 2015 and is headquartered in Bangalore, Karnataka.

Wyebot

Venture Round in 2022
Wyebot develops an AI-driven WiFi automation platform designed to solve network problems in real time. It eliminates intermittent WiFi performance issues and safeguards business continuity with real-time issue alerts that automatically identify the root cause and provide actionable resolutions.

Zeta Surgical

Seed Round in 2022
Zeta Surgical is a digital surgery company focused on improving the accuracy, safety, and accessibility of image guided procedures. Its navigation and robotics platform, Zeta, leverages cutting-edge computer vision and artificial intelligence to enable image guidance directly at the point-of-care, creating new possibilities in fields such as emergency care and interventional medicine. Zeta Surgical was founded by Harvard graduates and faculty and is partnered with leading hospitals and universities.

ArrePath

Seed Round in 2022
ArrePath is an anti-infective drug discovery company addressing the global health challenge of drug resistant infections.

Starling Medical

Seed Round in 2022
Starling Medical is developing a remote patient monitoring platform for at-home urine diagnostics that can be seamlessly integrated into anyone's bathroom routine. The objective of the organization is to develop predictive technology for the early detection of chronic health concerns.

Entri

Series A in 2022
Entri is a vernacular language learning platform for teachers and students. Up to 750k students and 2300 teachers have used Entri to improve their learning and teaching so far.

ODAIA

Series A in 2022
ODAIA has innovated the first AI-powered Customer Data Platform (CDP) that pioneered the combination of process mining, customer journey mapping and AI to deliver goal-driven commercial insights and process automation as a SaaS for the Life Sciences industry.

Zorus

Series A in 2021
Zorus is the movement of cyber security from on-premise to the Cloud. Cloud based cyber security as a service has several advantages.

Novig

Seed Round in 2021
Novig is the high-frequency, commission-free sports betting exchange.

AdeptMind

Series A in 2021
AdeptMind is a SaaS AI/ML company that innovates in Shopping Center Marketplaces & eCommerce Product Discovery Its co-founders recently came out of a quite successful sale of their previous company, Maluuba. This time around, they are looking to grow a kick-ass Silicon Valley style team in Toronto, Ontario, Canada.

Deeplite

Seed Round in 2021
Deeplite creates intelligent optimization software for deep learning deployed on cloud servers and edge devices. Deeplite provides a platform that uses AI to automatically make other AI models smaller, faster, and more energy efficient creating compact, high-performance deep neural networks that can run at the “edge” in vehicles, cameras, sensors, phones; devices you use every day. A significant challenge with deep learning models is that they are too large to deploy on small hardware, too slow to process mission critical applications or compromise battery life. Deeplite solves this problem by using a fully automated, proprietary and patented AI engine to optimize DNN models so that they can be deployed to any hardware platform on any device. . Our technology leverages years of research and new developments in tinyML to produce fast, efficient and scalable deep learning solutions for challenging real-world environments. At Deeplite, we enable AI for everyday life.

Perygee

Seed Round in 2020
Perygee provides a complete automation and integration suite to easily automate full enterprise workflows, saving time and improving visibility.

The Routing Company

Seed Round in 2020
Founded by MIT researchers and rideshare industry veterans, TRC is a global on-demand vehicle routing and management platform that partners with cities to power the future of public transit. Leveraging proprietary and unrivaled artificial intelligence, TRC delivers routing from multiple points of demand to one vehicle while enabling greater transport equity, accessibility, cost efficiency, and sustainability. Its leading product, the Pingo™ app, offers on-demand or advance trip requests and can operate in on-demand, flex, fixed, or paratransit mode.

Encora Therapeutics

Pre Seed Round in 2020
Encora helps people with neurodegenerative movement disorders regain independence and control in their lives.

AirWorks

Seed Round in 2020
AirWorks is changing the mapping process for the construction industry, an untapped $12T market. Our AI-powered platform creates automated maps from aerial data, solving a massive data bottleneck in the pre-construction process. AirWorks has established itself as the leader in automated mapping and its solution has been deployed with some of the largest civil engineering companies. AirWorks spun out of MIT in the summer of 2018 and plans for its technology to be the base-layer of geospatial analytics for any industry.

VODA.ai

Seed Round in 2020
Voda Inc. develops an artificial intelligence (AI) based software that virtually assesses the condition and remaining life of the pipes in the ground for water utilities. Its technology enables water utilities to prioritize pipe maintenance and replacements through AI that ranks the likelihood of failure. The company was founded in 2017 and is headquartered in Boston, Massachusetts.

VideaHealth

Seed Round in 2020
VideaHealth is offers dentistAI’s software automatically detects pathologies in dental imaging, helping dentists avoid missing diseases and effectively communicating treatment recommendations to patients. Today, dentists miss up to 50% of pathologies in dental x-rays. Treatment delays or non-treatment often results in significant health risks for the patient and a loss of revenue for the dentists as he cannot treat missed diseases.

Intelligent Machines Lab

Seed Round in 2020
Intelligent Machines Lab is a practical, traceable, contextual AI solution designed for sparse-data situations to empower their clients. Their products enable real-time research, automate complex assessments, and facilitate quality writing. They offer custom solutions involving the understanding of unstructured content to help their clients solve problems.

Neurable

Series A in 2019
Neurable is a neurotechnology company specializing in developing AI-powered tools for brain signal translation and brain-computer interface technology. Utilizing patented signal processing, developed through research across labs and institutions, and advanced by a scientific and expert product team, its platform enables high-performance brain-computer interface in everyday devices.

Wyebot

Seed Round in 2019
Wyebot develops an AI-driven WiFi automation platform designed to solve network problems in real time. It eliminates intermittent WiFi performance issues and safeguards business continuity with real-time issue alerts that automatically identify the root cause and provide actionable resolutions.

The Routing Company

Seed Round in 2019
Founded by MIT researchers and rideshare industry veterans, TRC is a global on-demand vehicle routing and management platform that partners with cities to power the future of public transit. Leveraging proprietary and unrivaled artificial intelligence, TRC delivers routing from multiple points of demand to one vehicle while enabling greater transport equity, accessibility, cost efficiency, and sustainability. Its leading product, the Pingo™ app, offers on-demand or advance trip requests and can operate in on-demand, flex, fixed, or paratransit mode.

Know Your Meds

Pre Seed Round in 2019
KnowYourMeds is a new, AI based mobile application available on iOS and Android devices. The app provides users with proactive, profile-based information on all the medications you (and your loved ones) are taking. Information consists of dosage instructions, regulatory warnings, drug interactions, reported side and adverse effects as well as interactions with food and drinks. The app provides smart pill reminder features to ensure that you and your dependents never miss a dose, as well as prescription refills. Advanced users will also have access to the latest world-wide articles and peer reviewed medical papers on medications and disease conditions.

Entromy

Pre Seed Round in 2019
Entromy is building a revolutionary real-time platform that can surface very specific key business risks, issues and ideas, previously only possible through days of interviews, consulting engagements, and significant effort. The Entromy Insights Platform (EIP) leverages cutting edge natural language processing capabilities to synthesize insights and deliver flexible infrastructure for real-time organizational health visibility to support business due diligence, PMI, business transformations, rapid growth of distributed teams, and overall business performance.

Ava Robotics

Series A in 2019
Ava Robotics is a robotics technology company that designs and builds intelligent robots for the workplace. Delivering on a vision of robots working with and for people, Ava's technology emphasizes user experience, safety and autonomous mobility to empower people, while advancing business operations and access.

Nutrimedy

Seed Round in 2019
At Nutrimedy they are defining telenutrition through their novel online wellness platform based on the integration of leading edge science, technology and behavioral health. To improve health and reduce the epidemic burden of chronic disease by improving access to convenient, expert, personalized and affordable nutritional counseling around the globe.

Ava Robotics

Seed Round in 2019
Ava Robotics is a robotics technology company that designs and builds intelligent robots for the workplace. Delivering on a vision of robots working with and for people, Ava's technology emphasizes user experience, safety and autonomous mobility to empower people, while advancing business operations and access.

PathAI

Series B in 2019
PathAI’s services solve challenging pathology problems faced by the research and pharmaceutical industry. The PathAI platform provides end-to-end automation for reliable, scalable, and cost-effective long-term solutions. PathAI is developing technology that assists pathologists in making accurate diagnoses for every patient, every time. The company was founded in 2016 and is based in Boston, Massachusetts.

Rize

Series B in 2019
Rize is an 3D printing company manufacturing full-color multi-material office-friendly industrial 3D printers. It enables sustainable and inclusive innovation to achieve additive at scale. The company's 3D printers, the world’s first hybrid 3D printers, are a breakthrough combining two discrete technologies, material extrusion and material jetting. This enables a one-touch experience to produce parts that mimic injection-molded parts and the capability to digitally connect to Industry 4.0 technologies, at the lowest total cost of ownership.

Entri

Seed Round in 2019
Entri is a vernacular language learning platform for teachers and students. Up to 750k students and 2300 teachers have used Entri to improve their learning and teaching so far.

AirWorks

Seed Round in 2019
AirWorks is changing the mapping process for the construction industry, an untapped $12T market. Our AI-powered platform creates automated maps from aerial data, solving a massive data bottleneck in the pre-construction process. AirWorks has established itself as the leader in automated mapping and its solution has been deployed with some of the largest civil engineering companies. AirWorks spun out of MIT in the summer of 2018 and plans for its technology to be the base-layer of geospatial analytics for any industry.

Javelin Biotech

Pre Seed Round in 2019
Javelin Biotech is a framework for predictive drug discovery designed to improve drug performance prediction in humans. The company's platform enables biopharmaceutical companies to optimize ADME(T) and PD properties, which improve drug discovery and approval of the same, by bringing human-relevant in-vitro data and computational biology or data analytics to pre-clinical drug discovery teams. This accelerates preclinical drug discovery and development by finding human-relevant targets.

Olaris

Venture Round in 2019
Olaris is on a mission to revolutionize how diseases are diagnosed and treated. By leveraging our CEREBRO platform (Comprehensive Early Responsive Evaluation of Biomarkers Related to Outcomes), which combines metabolomics and machine learning, we harness the power of the body’s own communication system to discover and develop our pipeline of myOLARIS™ precision diagnostics. To learn more, visit https://www.myolaris.com/ The company was founded in 2013 and is headquartered in Framingham, Massachusetts.

English Helper

Venture Round in 2019
EnglishHelper Technologies Pvt. Ltd was established in 2009 and is a wholly owned subsidiary of the Boston-based EnglishHelper Inc. We offer unique technology solutions to improve English language proficiency. English is increasingly the language of choice in today’s social and business environments. English speaking and comprehension skills can help fulfill the aspirations of millions of people. EH’s new age technology solutions aim to make the English language comprehensible and easy. They take the pain out of learning English. EnglishHelper™ is seeking to make a difference by helping people become English literate as relevant to their context. We are committed to promoting technology enabled learning, in an affordable way, to large numbers of people across a range of user groups. EnglishHelper™ solutions are today used by schools, higher education students, skill building organisations, companies, and individuals from all walks of life.

Rize

Series B in 2018
Rize is an 3D printing company manufacturing full-color multi-material office-friendly industrial 3D printers. It enables sustainable and inclusive innovation to achieve additive at scale. The company's 3D printers, the world’s first hybrid 3D printers, are a breakthrough combining two discrete technologies, material extrusion and material jetting. This enables a one-touch experience to produce parts that mimic injection-molded parts and the capability to digitally connect to Industry 4.0 technologies, at the lowest total cost of ownership.

English Helper

Seed Round in 2017
EnglishHelper Technologies Pvt. Ltd was established in 2009 and is a wholly owned subsidiary of the Boston-based EnglishHelper Inc. We offer unique technology solutions to improve English language proficiency. English is increasingly the language of choice in today’s social and business environments. English speaking and comprehension skills can help fulfill the aspirations of millions of people. EH’s new age technology solutions aim to make the English language comprehensible and easy. They take the pain out of learning English. EnglishHelper™ is seeking to make a difference by helping people become English literate as relevant to their context. We are committed to promoting technology enabled learning, in an affordable way, to large numbers of people across a range of user groups. EnglishHelper™ solutions are today used by schools, higher education students, skill building organisations, companies, and individuals from all walks of life.
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