For more than 20 years, 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. They also provide resources for manufacturers to adopt new technologies.
Optimus Technologies® designs and builds patented EPA compliant biodiesel conversion systems (“Vector Systems”) with integrated telematics to allow medium and heavy-duty trucks to operate on up to 100% biodiesel in temperatures to -20°F. Our system is deployable within 30 days providing North American trucking fleets with the lowest cost, highest return, barrier free alternative fuel system available, allowing them a significant return on investment while achieving sustainability targets. By partnering with major industry players to leverage their capabilities, Optimus will deliver a fully integrated client solution that is rapidly scalable, creating a $279MM company by 2023. MARKET OPPORTUNITY In the U.S. there are over 10.8 million medium- and heavy-duty on-road commercial vehicles that consume 39 billion gallons of diesel fuel annually and account for 23% of transportation sector greenhouse gas emissions. , In Canada, these figures are 1.1 million, 13 billion, and 70% respectively. Fuel costs are the second largest operating expense of a fleet, after labor, accounting for roughly 40% of all costs. Fleets are aggressively seeking solutions to reduce fuel costs, even fractions of a percent, because the bottom-line impact is so substantial. Optimus enables fleets to reduce fuel costs by at least 10%, utilize domestically produced fuel and reduce greenhouse gas emissions while allowing a fleet of 100 trucks to save at least $800,000 in annual fuel costs. Of these 11.9 million trucks, approximately 3 million are currently operating on a low biodiesel blend . This early customer segment represents a beachhead market opportunity of $30 billion. WHY INVEST COMPETITIVE ADVANTAGE ACROSS ALL CATEGORIES: We are the most competitive alternative fuel system available. Directly competing technologies such as CNG, and the emerging segment of electric trucks have high barriers to entry including long lead times, high technology and infrastructure costs, and limitations on long-haul adaptability. Our infrastructure costs are at most, 10% of competing technologies. Our integrated solution is rapidly scalable, integrating seamlessly with existing equipment and infrastructure and our range equates to and can exceed diesel technology. Competitive advantage increases in relation to weight class, with Optimus easily bypassing all heavy-duty competitors. * Only Fully Integrate Alternative Fuel Solution: Fuel System, Fuel, Fueling Infrastructure * Lowest Cost Alternative Fuel System: $12,000 Fully Installed * Guaranteed Annual Cost Savings - $8,000/year/truck * Rapidly Deployable: 30 days * Achieves Sustainability Targets: GHG Emission Credit: 60-100%, Particulate Matter Reduction 40% * DPF Operating System Improvement - Improves Efficiency * Fuel Infrastructure Solved * Simple Maintenance - Fully Automated * Available for New and Used Vehicles PROVEN MANAGEMENT TEAM - Extensive experience across the transportation, renewable fuels, software and engineering sectors from start-up to leading industry players. Multiple successes founding, financing, scaling, managing, and exiting companies. PATENTED, PROVEN TECHNOLOGY - 4 patents (2 approved and 2 pending) and extensive IP surrounding proprietary engine systems’ control software. We believe our system to be the only EPA compliant biodiesel conversion system available for medium- and heavy-duty trucks. The Vector System is a proven technology in early stages of commercialization, backed by five years of research and seven years of pilot testing and development. LEVERAGE SUSTAINABILITY & REGULATION – There is a large and growing demand for alternatives to gasoline and diesel that is driven by regulation as well as public and private sector interest in reducing carbon and NOx emissions. The Company’s profitability and customer value proposition is not dependent upon these incentives, but we will leverage these multiple state, provincial, US and Canadian policies to further support expansion. Optimus’ system has been approved for the Government of Quebec’s Programme Ecocamionnage, providing a 30% rebate on the installed cost of the system. Similar provincial incentives will be pursued across Canada. ONLY APPROVED PATHWAY FOR HIGH BIODIESEL BLENDS UP TO B100 IN CALIFORNIA – Leveraging our RFID system to meet California fuel control requirements, Optimus’ core technology combined with our RFID fuel management system will provide our investors, distributors, and fuel partners a 2-3 year first mover advantage in California. SUPPORT AMERICAN MANUFACTURING & JOB CREATION – Optimus will directly create over 200 new jobs and 100% of our components are sourced from US manufacturers and suppliers. INVESTOR VALUE CREATION – $199-$279MM valuation by 2023 (5-7x EBITDA), on $12.8MM total invested capital, yielding 16-22x total investment.
Setex Technologies is a spin out of Carnegie Mellon University, is the first commercial manufacturer of dry adhesive technology providing micro-fibrillar polymer based dry adhesives and surfaces for a wide range of product applications. Founded in 2009, the company operates in Pittsburgh, Pennsylvania.
Provider of a information and facility operations platform intended to help facility managers gain easy access to actionable information and make data-driven decisions. The company's information and facility operations platform offers to understand maintenance history and backlog in context of buildings, as well as helps to gain new insights from artificial intelligence enriched maintenance and building information, enabling clients to minimize waste and maximize value to owners and occupants.
Gus Gear offers medical devices intended to improve patient outcomes and quality of life. Its flagship product, the Central Line Vest, prevents damage, breakage, and accidental removal of central catheters, keeping patients out of the hospital, so they can live their lives to the fullest, even while receiving treatment.
At Lumis,they are passionate about providing next-generation learning systems to improve patient care.They want to make sure that the educational tools preparing our clinicians support their life-critical operations. Lumis provides illuminating healthcare education through hands-on, simulation-based training that utilizes augmented reality and automated instruction for individualized, 24/7, on-demand learning. You can add our products to any existing mannequin–from a $25 CPR shell up to a $250,000 computer-controlled full-body mannequin.
TalkMeUp operates in the corporate training sector, focusing on enhancing communication skills through an AI-driven platform. The company addresses the substantial demand for effective training by offering customized and on-demand communication coaching accessible via smartphones and computers. Users can receive immediate, data-driven feedback on their communication performance by recording their presentations or conversations. This approach allows organizations to improve employee competency across various professional settings, including retail, education, and hospitality. TalkMeUp's services are designed to empower teams in roles ranging from sales to customer service, ultimately fostering stronger communication skills that enhance overall workplace performance.
Arieca manufactures and distributes a thermally conductive rubber composite. Arieca's composite is a stretchable, thermally conductive rubber that combines elasticity of soft silicone with the thermal of metal to be used as circuit wiring, sensors, and passive heat exchangers, allowing manufacturers to deploy an alternative form of rubber that improve the performance electronics and help them to safely interact with humans.
Komodo streamlines the municipal credit evaluation process. Komodo combines financial, demographic, and economic data to give municipal bond professionals a consolidated view of a municipality’s credit health and outlook. Komodo instantly provides all the information needed to evaluate a bond.
Touchwood Labs is revolutionizing the way we interact with technology. Touchwood’s proprietary invisible displays magically come to life through the surfaces of our furniture and surroundings. By merging the capabilities of this hardware platform with mindful design, Touchwood Labs is developing an ecosystem of products to build healthier relationships with technology.
Civic Champs, Inc. is a software developer that provides an application designed to assist nonprofit organizations in managing volunteer activities and tracking essential data for grant applications. The app utilizes geofencing technology to monitor volunteer check-ins and check-outs, streamlining the process of hour tracking and engagement. In addition to time management, the platform facilitates small donations, event scheduling, and mentorship tracking, while offering real-time data access and feedback mechanisms. Founded in 2019 and headquartered in Bloomington, Indiana, with an additional office in Pittsburgh, Pennsylvania, Civic Champs aims to reduce the administrative burden on nonprofits by automating volunteer management tasks. The application is available for download on both the App Store and Google Play.
Phlux Technologies, Inc. specializes in designing and developing advanced 3D sensor technology aimed at enhancing safety and efficiency in industrial robotics and automation. Founded in 2020 and based in Pittsburgh, California, the company focuses on creating innovative safety products that replace traditional physical barriers around robots with three-dimensional digital fences. Utilizing proprietary optical sensing technology, artificial intelligence, and computer vision, Phlux Technologies' solutions establish safety zones around robotic systems and other equipment. This approach not only maximizes valuable floor space but also reduces setup times and boosts productivity. By enabling the development of smarter, more advanced robots and autonomous vehicles, Phlux Technologies is positioned to significantly impact the future of collaborative robotics and industrial automation.
Revitalize Energy is a consumer energy company that helps fight tired eyes and provides a moisturizing effect with the energy needed. Revitalize provides energy instantly on contact to keep moving and improving. With just 1-2 drops in each eye, they feel refreshed and ready to go.
Lanzhou cognitive intelligence platform is an industrial service cloud platform with NLP as the core, providing a series of services such as a graph, machine translation, assisted writing, sentiment analysis, intelligent retrieval, intelligent customer service, document analysis, etc. Enter search, generation, translation, dialogue, and other business scenarios. They provide solutions for financial, marketing, cultural, and creative industries, focusing on the core scenarios in the industry to provide solutions to help enterprises upgrade intelligently.
AlgenAir is a company focused on improving indoor air quality through the development of natural air purifiers that utilize algae. Their innovative filters are designed to effectively remove carbon dioxide from the environment while simultaneously producing oxygen, creating a healthier atmosphere for occupants. By harnessing the natural processes of algae, AlgenAir offers an organic solution for air purification, catering to those seeking sustainable and environmentally friendly alternatives for enhancing air quality indoors.
Rimsys LLC is a company that specializes in providing a cloud-based regulatory information management (RIM) software platform for medical device manufacturers. Founded in 2018 and based in Pittsburgh, Pennsylvania, Rimsys offers a comprehensive solution that helps these companies navigate the complex global regulatory landscape. The platform enables users to manage product registrations, monitor regulatory standards, and maintain compliance with essential principles, particularly in relation to EU medical device regulations. Rimsys’ software facilitates the tracking of registrations, renewals, and important regulatory documents while linking standards to product profiles. By digitizing and automating regulatory processes, Rimsys aims to create a more organized and efficient approach to regulatory affairs for medical devices, in vitro diagnostics, and related software.
Conservation Labs, Inc., founded in 2016 and based in Brownsville, Pennsylvania, specializes in smart water metering technology designed to reduce water consumption and identify leaks. The company aims to address significant water wastage in the United States, where over 3 trillion gallons are lost annually, resulting in an economic impact of approximately $70 billion. By utilizing its H2know system, Conservation Labs provides users with valuable insights that promote better water management and cost savings. The company is also part of the Amazon Alexa Fund portfolio, highlighting its innovative approach to sustainability and resource conservation.
Conservation Labs, Inc., founded in 2016 and based in Brownsville, Pennsylvania, specializes in smart water metering technology designed to reduce water consumption and identify leaks. The company aims to address significant water wastage in the United States, where over 3 trillion gallons are lost annually, resulting in an economic impact of approximately $70 billion. By utilizing its H2know system, Conservation Labs provides users with valuable insights that promote better water management and cost savings. The company is also part of the Amazon Alexa Fund portfolio, highlighting its innovative approach to sustainability and resource conservation.
HAVA HEALTH, INC. manufactures a smoking cessation device for people with nicotine addiction. The company's products includes a connected vape pen which pairs with smartphone application, Hale. HAVA HEALTH, INC. is based in the United States.
Miror is an online platform that allows users to explore and connect to people.
MindTrace
Seed Round in 2021
MindTrace is a medical software company that develops personalized 3D brain maps to guide neurosurgeries. The company pairs 3D brain maps with machine learning algorithms to simulate surgical resection plans and allow surgeons to predict their patient’s cognitive outcome – all before the first incision, enabling surgeons to remove as many brain tumors as possible without damaging the nearby healthy tissue. It is supported by the Creative Destruction Lab.
CytoAgents, Inc., a biotechnology company, manufactures protein based drugs for the treatment of influenza and other viral infectious diseases. The company offers GP1681, an agonist of a G-protein coupled receptor. CytoAgents, Inc. was incorporated in 2018 and is based in Pittsburgh, Pennsylvania.
Endolumik is a surgical device company that develops a fluorescence-guided esophagogastric calibration system use for surgery. Endolumik was headquartered in Morgantown, USA.
Touchwood Labs is revolutionizing the way we interact with technology. Touchwood’s proprietary invisible displays magically come to life through the surfaces of our furniture and surroundings. By merging the capabilities of this hardware platform with mindful design, Touchwood Labs is developing an ecosystem of products to build healthier relationships with technology.
PECA Labs, Inc. develops and delivers MASA Valve, a synthetic valved conduit for pediatric right ventricular outflow tract reconstruction (RVOTR). It provides exGraft, an ePTFE vascular graft with radiopaque markings. The company designs MASA Valve that utilizes the material properties of ePTFE and RVOTR-specific valve design to alleviate the problems with currently available conduits. PECA Labs, Inc. was incorporated in 2012 and is based in Pittsburgh, Pennsylvania.
Ariel Precision Medicine, Inc. operates as an integrated genomics and digital health company that provides precision medicine solutions for the diagnosis, monitoring, and treatment of complex chronic diseases and disorders. It also offers ArielDx, a cloud-based clinical decision support tool that simplifies the diagnosis and treatment of pancreatic disease. The company was incorporated in 2013 and is headquartered in Pittsburgh, Pennsylvania.
AdSkate’s machine learning and artificial intelligence technology provide multiple data points to make the ad buying and selling process effective and transparent
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.
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.
At Lumis,they are passionate about providing next-generation learning systems to improve patient care.They want to make sure that the educational tools preparing our clinicians support their life-critical operations. Lumis provides illuminating healthcare education through hands-on, simulation-based training that utilizes augmented reality and automated instruction for individualized, 24/7, on-demand learning. You can add our products to any existing mannequin–from a $25 CPR shell up to a $250,000 computer-controlled full-body mannequin.
Electrification of transportation, greater energy efficiency and grid modernization require advances in power electronics and power conversion systems. Magnetics have presented a critical limitation in advancing these technologies. With the ability to custom engineer the features of magnetic cores, CorePower Magnetics’ components represent a step change in efficiency and power density. CorePower Magnetics’ patented combination of advanced manufacturing processes and novel materials result in up to 10x reductions in weight, 5x reductions in volume and 50% reductions in losses with no rare earth metals required. Combined with our lower operating temperatures, these benefits lead to higher current capabilities, increased electric vehicle ranges, and longer component lifetimes.
Make it Home Safe is a mobile application that enhances safety and security during traffic stops for both police officers and motorists. Founded in 2017 and based in Pittsburgh, Pennsylvania, the app aims to reduce tensions that can arise during these encounters by facilitating real-time identity verification for users. This service is designed to foster a safer interaction between law enforcement and the public, ultimately promoting trust and understanding in potentially stressful situations on the road.
Apollo Neuroscience, Inc. is a Pittsburgh-based company that specializes in manufacturing a wearable wellness device designed to aid recovery from chronic stress through gentle vibrations. The device is complemented by an application that leverages neuroscience and machine learning to enhance heart rate variability, assisting users in various activities such as waking up, focusing, unwinding, and improving parasympathetic nervous system function. Founded in 2016, Apollo's products are marketed online and are intended to promote overall wellness rather than treat psychiatric disorders. The company emphasizes that its offerings are not substitutes for professional medical care.
Developer of a social content monetization platform designed to earn money through social media posts. The company's application allows users to easily mint all their social content, enabling social media creators to auto-mint social posts as non-fungible tokens, post them on their social media channels, and earn money.
Phlux Technologies, Inc. specializes in designing and developing advanced 3D sensor technology aimed at enhancing safety and efficiency in industrial robotics and automation. Founded in 2020 and based in Pittsburgh, California, the company focuses on creating innovative safety products that replace traditional physical barriers around robots with three-dimensional digital fences. Utilizing proprietary optical sensing technology, artificial intelligence, and computer vision, Phlux Technologies' solutions establish safety zones around robotic systems and other equipment. This approach not only maximizes valuable floor space but also reduces setup times and boosts productivity. By enabling the development of smarter, more advanced robots and autonomous vehicles, Phlux Technologies is positioned to significantly impact the future of collaborative robotics and industrial automation.
Subtl Beauty, Inc. specializes in producing stackable makeup products designed to offer women flexibility and convenience in their beauty routines. Founded in 2018 and based in Pittsburgh, Pennsylvania, the company provides a unique packaging solution that allows makeup products to be stored in compact, customizable stacks. This design enables easy portability, making it simple for users to carry their makeup in gym bags, purses, or pockets. Subtl Beauty sells its products exclusively online, focusing on delivering a cohesive and user-friendly experience for its customers through its innovative modularized offerings.
Circadiance creates and markets high-performance respiratory products to give people the freedom to sleep and breathe in comfort. Our designs have already revolutionized the future of positive airway pressure (PAP), and we’re continuing to develop new ways to help our customers.
We understand the problem with every other respiratory therapy mask out there—they’re hard, they’re plastic, they’re uncomfortable, and they don’t work all that well. Even when they do achieve a seal, they cause pressure sores and limit sleeping positions. And if you won’t wear your mask, it won’t work.
RealX Ventures, Inc. operates an online platform designed for the buying, selling, and leasing of diverse property rights. Founded in 2019 and based in Sewickley, Pennsylvania, the company facilitates transactions related to various industries, including solar, wind, oil and gas, timber, cellular towers, pipelines, transmission lines, and agriculture. The platform streamlines the acquisition and disposition of property rights, allowing users to register properties for sale or lease and enabling dealers to efficiently search for and transact property rights. Through its services, RealX Ventures aims to connect landowners with opportunities across a range of sectors, enhancing the overall efficiency of property dealings.
Provider of a information and facility operations platform intended to help facility managers gain easy access to actionable information and make data-driven decisions. The company's information and facility operations platform offers to understand maintenance history and backlog in context of buildings, as well as helps to gain new insights from artificial intelligence enriched maintenance and building information, enabling clients to minimize waste and maximize value to owners and occupants.
Emergence Dental is a research and development medical device company that focuses on medical device design and pre-clinical development. Emergence Dental was founded in 2019 and was headquartered in Pittsburgh, USA.
Sterile Vision operates a medical platform designed to organize and track sterilizable tools and consumables throughout their entire use cycle in the perioperative environment. By leveraging computer vision and machine learning, the platform captures images of surgical instruments at various stages of sterilization, processing, and distribution. This technology enables precise identification and tracking of tools, significantly reducing the risk of loss and enhancing operational efficiency. The system not only streamlines the management of large tool trays but also helps clients optimize resources, ultimately leading to cost savings and improved workflow in surgical settings.
SpIntellx is a computational pathology company developing novel AI tools based on spatial analytics. They are a computational pathology company applying its proprietary AI technologies to analyze whole slide images based on spatial analytics.
The company's mission is to develop tools that will improve the accuracy and efficiency of pathologists and to generate predictive data to optimize patient outcomes. It was co-founded by a group of pathologists, computer scientists, and biotechnologists committed to generating real-world evidence based on spatial analytics for pathology and biopharma companies.
Komodo streamlines the municipal credit evaluation process. Komodo combines financial, demographic, and economic data to give municipal bond professionals a consolidated view of a municipality’s credit health and outlook. Komodo instantly provides all the information needed to evaluate a bond.
JuneBrain is an early start-up company that empowers multiple sclerosis patients through the power of telemedicine. It aims to develop a wearable and non-invasive imaging device that enables multiple sclerosis patients to monitor their disease activity at home, leading to earlier detection of MS attacks and improved monitoring of treatment efficacy. Its long-term goal is to extend the use of our device into the broader neurodegenerative disease population, thus creating a pathway towards more frequent, widely-accessible monitoring of brain health.
It was founded in 2017 and is headquartered in Washington, DC.
Civic Champs, Inc. is a software developer that provides an application designed to assist nonprofit organizations in managing volunteer activities and tracking essential data for grant applications. The app utilizes geofencing technology to monitor volunteer check-ins and check-outs, streamlining the process of hour tracking and engagement. In addition to time management, the platform facilitates small donations, event scheduling, and mentorship tracking, while offering real-time data access and feedback mechanisms. Founded in 2019 and headquartered in Bloomington, Indiana, with an additional office in Pittsburgh, Pennsylvania, Civic Champs aims to reduce the administrative burden on nonprofits by automating volunteer management tasks. The application is available for download on both the App Store and Google Play.
Gus Gear offers medical devices intended to improve patient outcomes and quality of life. Its flagship product, the Central Line Vest, prevents damage, breakage, and accidental removal of central catheters, keeping patients out of the hospital, so they can live their lives to the fullest, even while receiving treatment.
CytoAgents, Inc., a biotechnology company, manufactures protein based drugs for the treatment of influenza and other viral infectious diseases. The company offers GP1681, an agonist of a G-protein coupled receptor. CytoAgents, Inc. was incorporated in 2018 and is based in Pittsburgh, Pennsylvania.
Encentiv Energy LLC operates a platform designed to enhance participation in energy efficiency programs for utilities, energy efficiency vendors, finance companies, and non-residential customers. The company's flagship offering, Encentivizer, is a national incentive management platform that simplifies access to local electric utility rebates, incentives, and funding solutions. It helps identify relevant programs to connect financial resources to customers' new construction and renovation projects while providing energy advisory and project financing services. Encentivizer leverages extensive data on energy efficiency products and utility incentives, enabling stakeholders to make informed decisions that lead to significant energy consumption reductions. Founded in 2009 and based in Pittsburgh, Pennsylvania, Encentiv Energy was previously known as AllFacilities Energy Group, LLC before rebranding in 2013.
Go Jane Go galvanizes a new sector of discerning, pragmatic professionals to get the specific products and level of service they deserve on the road. Above all, their diverse group of women wants one thing: seamless travel within an industry built by and for men.
Bindr is a dating service that caters for the bi sexual community. It's the only application available on the market that's free to all users that sign up to connect. Currently, every competitor requires payment or a subscription service to message other users. We do offer premium features, but the functionality of matching is completely free to all users and allows them to message each other from there. With this method we've found an extremely high conversion rate for new user sign ups. Our goal is to build our community and to outreach to new users about our service.
Bansen Labs LLC, founded in 2014 and based in Pittsburgh, Pennsylvania, specializes in developing adaptive technology to enhance accessibility for individuals with disabilities. The company's flagship product, Xogo, is a customizable adapter that enables users to connect various assistive devices to consumer technology, including game consoles. Xogo supports multiple input types, such as USB, Bluetooth, and 3.5mm jacks, allowing users to integrate standard game controllers and assistive technology in ways that best suit their needs. This flexibility helps individuals with disabilities engage with technology more effectively, whether for gaming or other applications, by overcoming compatibility barriers and promoting a more inclusive user experience.
BlastPoint provides big data solutions that help companies optimize revenue growth. Its user-intuitive software platform is customizable, interactive, and stays constantly up to date. It provides services to customers in retail, the utility industry, emerging franchises, and nonprofit organizations. The company was founded in 2016 and is headquartered in Pittsburgh, Pennsylvania.
SwifTAG Systems concepts and products were conceived by active researchers in the medical field who recognized the dramatic inefficiencies of existing small animal management systems and processes. Their mission is to bring high technology and medical research together to drive down costs and increase the time researchers spend doing actual research. They envision laboratories where animal management systems are functional, low maintenance, efficient, and as easy to use as a well-designed smartphone app. They want to see researchers focusing on medical breakthroughs, not on mindless small animal logistics. Their product lines include small animal tags, handheld and tabletop readers, cage and rack readers, whole laboratory management systems, and support software.
CareGoGi, LCC owns and operates a website that enables users to find a local caregiver for senior home care. It offers CareGoGi to browse through a list of caregivers, as well as use a caregiver's profile, availability, and stated hourly rate to select, interview, and employ a caregiver. The company was incorporated in 2016 and is based in Coraopolis, Pennsylvania.
Mighty is a Proptech marketplace for home inspections and repairs designed to streamlines the homebuying and selling process. Using AI, Mighty’s platform turns home inspection repairs into estimates that provides home buyers and sellers with real data to negotiate and close on homes.
Mighty is a Proptech marketplace for home inspections and repairs designed to streamlines the homebuying and selling process. Using AI, Mighty’s platform turns home inspection repairs into estimates that provides home buyers and sellers with real data to negotiate and close on homes.
ForeFront Product Design has developed the first intelligent industrialized handheld sprayer called the Green Gorilla. The Green Gorilla line of commercial and industrial compressed air sprayers allows completing work in less time without ever having to pump again. The manual process of pumping the sprayer has been eliminated and the tank pressure is automatically maintained at an optimum level. The optimum tank pressure is accomplished using Smart Pressure Technology which utilizes a patented system to maintain and control pressure to maximize the commercial end-users productivity.
Identified Technologies Corporation develops self-piloting aerial mapping and land survey drones. The company offers end to end data scanning, capture, access, and data analytics solutions. Its products are used for 3-D volumetric analysis, 3-D point cloud, 2-D distance measurement, contour line map, digital surface model, orthomosaic overlay, site risk prevention and response, and securely sharing HD updates. The company serves energy, mining, manufacturing, and construction services. Identified Technologies Corporation was founded in 2013 and is based in Pittsburgh, Pennsylvania.
Gridfruit is a provider of a data-driven intelligence to food operations. Its artificial intelligence-based learning platform utilizes existing food data to reduce energy and maintenance costs for food businesses. The companty was established in Pittsburgh, Pennsylvania in 2018.
Zoobean, Inc. is a company that specializes in enhancing children's literacy through its online services, which recommend and curate applications, books, and educational resources. The flagship product, Beanstack, offers personalized recommendations based on individual children's ages, interests, and reading levels, while also facilitating reading challenges and summer reading programs to engage families year-round. Additionally, Zoobean provides a SmartList service, which tailors selections to each child's unique needs, and a book of the month delivery service that includes curated content along with digital reading guides. Founded in 2012 and headquartered in Washington, D.C., Zoobean aims to support parents and educators in fostering a love for reading among children.
Rapid Flow Technologies spun out of Carnegie Mellon University with the goal of introducing new Intelligent Transportation Systems (ITS) technologies into the marketplace. Rapid Flow was created to commercialize the Surtrac adaptive traffic signal control technology developed in the Robotics Institute at Carnegie Mellon as part of the Traffic21 research initiative. The company’s founders include the original inventors of Surtrac, who have successfully expanded the initial pilot deployment of Surtrac in Pittsburgh to a network of 50 intersections over the past three years. Rapid Flow holds an exclusive license to the patented Surtrac technology from Carnegie Mellon University, and the University has a stake in the company. In addition to Surtrac, Rapid Flow is also engaged in the development of ubiquitous Bluetooth AVI sensor network technology for ITS performance modeling and other applications through a Small Business Innovation Research (SBIR) grant from the U.S. Department of Transportation.
Hibersense Smart Comfort Control for Every Room empowers homeowners with a smart HVAC control solution. The patent-pending, easy retrofit system uses wireless sensors, machine learning & battery-operated, wireless vents to heat or cool every space ensuring maximum room-by-room comfort and HVAC energy savings of up to 40%.
Further, Hibersense services for multi-family operators increase tenant comfort, satisfaction, and renewal rates while providing detailed building thermal dynamics and usage rates providing increased opportunities for profitability and shareholder value.
Red River Research offers CompleteBankData.com, a banking database of financials on unlisted stocks.
Its database of tools provide banks with strategy insights and lead generation tools used to grow their lending and offers a number of products including proprietary investment research on private and unlisted companies.
It was formed in Pittsburgh, Pennsylvania
Interphase Materials Holdings, LLC, established in 2015 and headquartered in Pittsburgh, Pennsylvania, specializes in developing advanced materials and surface treatment technologies aimed at enhancing the efficiency of industrial cooling systems. The company's innovative solutions focus on improving heat transfer and reducing maintenance costs, catering to a diverse clientele that includes power plants, commercial and industrial HVAC systems, international heat exchanger manufacturers, and the U.S. Navy. Interphase's HTE system has demonstrated an improvement in heat exchanger heat transfer efficiency by 5-10% in preliminary tests, solidifying its role in advancing cooling technologies.
Women’s Job Search Network is the go-to-resource to equip female job seekers to confidently take control of their job search and transform their lives.
Nollapelli, Inc. manufactures bedding products. It offers bed sheets and pillowcases through its online store. The company was incorporated in 2017 and is based in Allegheny, Pennsylvania.
EKTO VR, Inc. is a Pittsburgh-based company founded in 2018 that specializes in developing innovative mobility solutions for virtual reality (VR) environments. The company's flagship product, Traverse, is a motorized wearable device designed to enhance locomotion in VR by simulating the sensation of walking. It features wearable robotic boots equipped with rotating plates that adjust to the user's walking direction and wheels that assist in leg movement. This technology allows users to remain stationary while engaging in immersive VR experiences, thereby reducing the risk of motion sickness commonly associated with VR gaming. EKTO VR aims to create a more engaging and comfortable experience for users in virtual environments.
Adrich, Inc. is a Pittsburgh-based company that specializes in electronic packaging hardware and customized software aimed at enhancing product usage data collection and analytics. Founded in 2016, Adrich's primary offering is a post-purchase engagement platform that integrates smart packaging hardware with tailored software solutions. This platform utilizes a smart tracking system to autonomously gather and transmit real-time data on product usage, including details such as time, geolocation, and volume. By providing valuable insights into consumer behaviors and trends, Adrich enables brands and retailers to better understand, retain, and serve their customers, ultimately enhancing their market strategies and product offerings.
Stocksnips is an artificial intelligence platform designed to enhance investment decision-making by providing investors with timely access to stock market news analysis. The company employs advanced AI technologies, including natural language processing and neural networks, to crawl and analyze approximately 50,000 news articles daily related to public companies on major exchanges. By filtering out irrelevant information and assessing market sentiment, Stocksnips delivers valuable insights into a company’s financial and operational performance. It categorizes news snippets based on key performance indicators such as revenue, sales, and earnings, facilitating informed portfolio management for asset managers and investment advisors. Through partnerships with investment experts, Stocksnips aims to validate its analytical signals, ultimately helping clients achieve better investment outcomes and mitigate risks.
Leaders of Change is a benefit corporation that aims to develop sustainable social and economic business solutions. It makes their services accessible to organizations and businesses that typically do not have the access. The corporation assess wins, provide action steps, and develops a plan to facilitate and provide tangible objectives to get companies moving in the right direction. It was founded in Pittsburgh, Pennsylvania in 2019.
ARIN Technologies is a startup developing high accuracy indoor positioning systems to improve productivity and safety in indoor work environments. It system enables them to accurately determine the location of a tag inside buildings.
Its product comprises two parts, hardware and software. The hardware system is called SpotRightTM while the SaaS based software system is called SpotLightTM.
The company was founded in 2015 and is headquartered in Pittsburgh, Pennsylvania.
Touchwood Labs is revolutionizing the way we interact with technology. Touchwood’s proprietary invisible displays magically come to life through the surfaces of our furniture and surroundings. By merging the capabilities of this hardware platform with mindful design, Touchwood Labs is developing an ecosystem of products to build healthier relationships with technology.
Conservation Labs, Inc., founded in 2016 and based in Brownsville, Pennsylvania, specializes in smart water metering technology designed to reduce water consumption and identify leaks. The company aims to address significant water wastage in the United States, where over 3 trillion gallons are lost annually, resulting in an economic impact of approximately $70 billion. By utilizing its H2know system, Conservation Labs provides users with valuable insights that promote better water management and cost savings. The company is also part of the Amazon Alexa Fund portfolio, highlighting its innovative approach to sustainability and resource conservation.
Treatspace, Inc. develops a health platform that builds online relationships between healthcare professionals/providers, medical practices, hospitals, and patients. It offers Lifesaving Health Networks, which connects patients and physicians; a Patient Network that connects patients and physicians; a Referral Network that assists client’s practices in the referral management process by supporting primary care practices, specialists, and patients; and a Clinical Network for creating a community of clinicians. The company was founded in 2012 and is based in Pittsburgh, Pennsylvania.
Farm Jenny LLC, founded in 2017 and based in Mars, Pennsylvania, specializes in agricultural technology aimed at enhancing animal health and productivity for small to mid-sized farms. The company develops wearable technology and sensor-based equipment that enables farmers to monitor the health and behavior of their livestock. By providing behavior-tracking wearables and strategically placed sensors throughout the farm, Farm Jenny's products leverage machine learning and predictive analytics to deliver real-time alerts and recommendations to users' smartphones. This innovative approach helps farmers identify health issues early and make informed decisions, ultimately improving animal welfare and operational efficiency.
Subtl Beauty, Inc. specializes in producing stackable makeup products designed to offer women flexibility and convenience in their beauty routines. Founded in 2018 and based in Pittsburgh, Pennsylvania, the company provides a unique packaging solution that allows makeup products to be stored in compact, customizable stacks. This design enables easy portability, making it simple for users to carry their makeup in gym bags, purses, or pockets. Subtl Beauty sells its products exclusively online, focusing on delivering a cohesive and user-friendly experience for its customers through its innovative modularized offerings.
Toaster Party is a developer of an animation studio platform used to create quality and engaging cartoons. Its platform allows users to pick from a variety of accessories and backgrounds to customize a character and environment for stories that enable users to create, experiment, collaborate, and share their creativity. It was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.
RC21X develops a web-based application for measuring and monitoring brain performance. Its application empowers users to take personal responsibility in monitoring their brain health and make informed health decisions. The company serves customers in the B2B and B2C markets. RC21X was founded in 2014 and is headquartered in Coraopolis, Pennsylvania.
Aurochs Brewing set out to honor the spirit of the Aurochs, a legendary beast that roamed the wild countryside thousands of years ago. We brew with ancient, untamed grains to impart complex flavors shaped by generations of growth in the wilderness. We develop our own unique, original recipes that hark back to a time when man and beast refused to give up a life of freedom. Our commitment to quality ensures that every beer is naturally gluten-free and brewed from only the purest ingredients. We give our consumers the right to choose something wild and untamed because, much like the Aurochs, our beers are Never Domesticated. Always Free.
MedRespond LLC provides a search engine technology for healthcare use. Its technology provides an interactive information exchange that simulates one-to-one conversation online. The company offers Answer Engine, a technology used to analyze questions, decipher the intent, and deliver the response; and Answer Analytics System, which enables the clients to explore their visitor's demographics, psychographics, and usage patterns.
MedRespond LLC is based in Pittsburgh, Pennsylvania.
Honeycomb Credit, Inc. owns and operates an electronic platform where business owners can seek to borrow money from investors, and where investors can offer loans to businesses. The company, through its funding portal, lets small businesses borrow money from their own customers in a community. It allows debt crowdfunding between lenders and borrowers. Honeycomb Credit, Inc. was incorporated in 2017 and is based in Pittsburgh, Pennsylvania.
Honeycomb Credit, Inc. owns and operates an electronic platform where business owners can seek to borrow money from investors, and where investors can offer loans to businesses. The company, through its funding portal, lets small businesses borrow money from their own customers in a community. It allows debt crowdfunding between lenders and borrowers. Honeycomb Credit, Inc. was incorporated in 2017 and is based in Pittsburgh, Pennsylvania.
Hebi Robotics specializes in creating intelligent, modular building blocks for robotic solutions, enabling faster, more efficient, and cost-effective development. Their products feature well-defined interfaces and internet-enabled connectivity, allowing users to concentrate on high-level tasks instead of intricate implementation details. This approach not only accelerates the development process but also enhances the customization of robots to meet specific needs, leading to improved performance. By focusing on flexibility and reconfigurability, Hebi Robotics aims to simplify the creation of robots, making them more useful and safe for various applications. Overall, their innovative tools help reduce development time and costs by ensuring that only essential components are utilized in each project.
At Lumis,they are passionate about providing next-generation learning systems to improve patient care.They want to make sure that the educational tools preparing our clinicians support their life-critical operations. Lumis provides illuminating healthcare education through hands-on, simulation-based training that utilizes augmented reality and automated instruction for individualized, 24/7, on-demand learning. You can add our products to any existing mannequin–from a $25 CPR shell up to a $250,000 computer-controlled full-body mannequin.
Module Housing, LLC designs and develops adaptable housing solutions. The company develops a wall system and design platform that enables residents to turn a one bedroom starter unit into a three bedroom house. It collects information about the users, and determines the next steps to get users closer to moving into next home. The company offers modules, such as the grown-up, the flat top, the Tom and Jerry, and the moonlighter. The company was founded in 2016 and is headquartered in Pittsburgh, Pennsylvania.
Jetpack Workflow LLC provides a cloud based workflow software solution that helps CPAs, bookkeepers, and accountants to automate and track recurring client work. The company offers Jetpack Workflow, a Web application that allows users to import their client’s CSV; add projects/tasks, set recurrence, and duplicate; search for projects, tasks, and clients; filter down to the exact project or task; and track progress of staff. The company was incorporated in 2013 and is headquartered in Pittsburgh, Pennsylvania.
Arieca manufactures and distributes a thermally conductive rubber composite. Arieca's composite is a stretchable, thermally conductive rubber that combines elasticity of soft silicone with the thermal of metal to be used as circuit wiring, sensors, and passive heat exchangers, allowing manufacturers to deploy an alternative form of rubber that improve the performance electronics and help them to safely interact with humans.
Ariel Precision Medicine, Inc. operates as an integrated genomics and digital health company that provides precision medicine solutions for the diagnosis, monitoring, and treatment of complex chronic diseases and disorders. It also offers ArielDx, a cloud-based clinical decision support tool that simplifies the diagnosis and treatment of pancreatic disease. The company was incorporated in 2013 and is headquartered in Pittsburgh, Pennsylvania.