Innovation Works

Innovation Works is a venture capital firm based in Pittsburgh, Pennsylvania, established in 1999. With over 20 years of experience, it has become a key player in Southwestern Pennsylvania's technology economy, focusing on investing in high-potential companies that can significantly impact the regional economy. As the largest investor in seed-stage companies in the region, Innovation Works supports a diverse range of sectors, including robotics, artificial intelligence, medical devices, retail technologies, and enterprise software. In addition to financial investment, the firm offers business expertise and resources to help manufacturers adopt new technologies, further fostering innovation and growth within the local economy.

Sophie Burkholder

Investment Associate

Peter Erin

Senior Investment Associate

Aaron Tainter

Director of Accelerator Programs

Steven Welles

Managing Director of Software

Past deals in Navigation and Mapping

Hummingbird Systems

Seed Round in 2024
Hummingbird Systems provides On demand aerial mapping and data analysis of construction sites and agriculture using drones.

Aquatonomy

Non Equity Assistance in 2023
Aquatonomy provides underwater robot autonomy software that includes localization, mapping, and planning.

Aquatonomy

Seed Round in 2023
Aquatonomy provides underwater robot autonomy software that includes localization, mapping, and planning.

Yodel Labs

Seed Round in 2019
Yodel Labs is focused on delivering precise location services within the mobile device sector. The company has developed a mobile positioning platform that features an acoustic location processing system capable of providing centimeter-level accuracy for indoor positioning. This innovative technology utilizes low-cost, energy-harvesting ultrasound beacons to facilitate high-accuracy localization applications. By doing so, Yodel Labs enables mobile application developers to effectively connect the virtual environment with the physical world.

LaneSpotter

Seed Round in 2018
LaneSpotter finds safe bike routes for cyclists and provides real-time information about the roads they ride. Unlike current apps, LaneSpotter leverages its community to create living maps that highlight real-life road conditions. By sharing their knowledge of local streets and businesses, LaneSpotter’s cycling community generates information that cannot be captured with a static map, like road safety ratings, bike infrastructure, alerts for road conditions like potholes, and recommended rides and routes.

LaneSpotter

Seed Round in 2018
LaneSpotter finds safe bike routes for cyclists and provides real-time information about the roads they ride. Unlike current apps, LaneSpotter leverages its community to create living maps that highlight real-life road conditions. By sharing their knowledge of local streets and businesses, LaneSpotter’s cycling community generates information that cannot be captured with a static map, like road safety ratings, bike infrastructure, alerts for road conditions like potholes, and recommended rides and routes.

LaneSpotter

Seed Round in 2017
LaneSpotter finds safe bike routes for cyclists and provides real-time information about the roads they ride. Unlike current apps, LaneSpotter leverages its community to create living maps that highlight real-life road conditions. By sharing their knowledge of local streets and businesses, LaneSpotter’s cycling community generates information that cannot be captured with a static map, like road safety ratings, bike infrastructure, alerts for road conditions like potholes, and recommended rides and routes.

ViaHero

Angel Round in 2016
ViaHero, LLC is an online platform that connects travelers with local experts, known as Heroes, to facilitate personalized trip planning. Founded in 2015 and based in New York, the company allows travelers to share their preferences and specific needs, enabling Heroes to create tailored guidebooks and custom maps. These resources are accessible through an offline app, offering a unique travel experience that allows individuals to explore destinations through the eyes of a local. The platform provides a comprehensive service that includes personalized recommendations, logistical information, and local insights, making it easier for travelers to plan their trips efficiently and independently.

Kaarta

Seed Round in 2016
Kaarta, Inc. specializes in 3D model generation software that processes environmental data to create accurate, multi-dimensional digital models. The company’s technology enables real-time mobile 3D reality capture, allowing users to map complex environments without the need for external signals such as GPS or Wi-Fi. Kaarta offers a hand-held 3D scanning system called Contour, which allows users to generate a 3D map while moving through an environment, as well as Stencil 2, a mobile mapping platform designed for rapid scanning. Utilizing advanced robotics and proprietary algorithms, Kaarta's solutions streamline workflows and reduce costs while enhancing understanding of physical spaces for both humans and autonomous machines. Founded in 2015 and headquartered in Pittsburgh, Pennsylvania, the company was previously known as Real Earth, Inc. before rebranding in December 2016.

ViaHero

Funding Round in 2015
ViaHero, LLC is an online platform that connects travelers with local experts, known as Heroes, to facilitate personalized trip planning. Founded in 2015 and based in New York, the company allows travelers to share their preferences and specific needs, enabling Heroes to create tailored guidebooks and custom maps. These resources are accessible through an offline app, offering a unique travel experience that allows individuals to explore destinations through the eyes of a local. The platform provides a comprehensive service that includes personalized recommendations, logistical information, and local insights, making it easier for travelers to plan their trips efficiently and independently.
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