Innovation Works

Established in 1999, Innovation Works is a prominent investor in Southwestern Pennsylvania's technology sector. It provides capital and resources to early-stage companies with high growth potential and significant regional impact, particularly focusing on robotics, AI, medical devices, retail technologies, and enterprise software.

Gary Glausser

Chief Investment Officer

Jeffrey McDaniel

Investor

Ven Raju

Investor

Megan Shaw

Managing Director, Life Sciences

Aaron Tainter

Investor

Past deals in Packaging Services

Parcel Health

Seed Round in 2024
Parcel Health develops sustainable medication packaging made from paper. Their products are brandable, compostable, and offer improved temperature control during shipping compared to traditional plastic bottles.

Subtl Beauty

Series A in 2023
Subtl Beauty, Inc. is a cosmetics brand founded in 2018 and based in Pittsburgh, Pennsylvania. The company specializes in the production of stackable makeup products designed for contemporary women seeking convenience and flexibility in their beauty routines. Its unique packaging allows for modular, customizable stacks that can easily fit in a gym bag, purse, or back pocket, making them ideal for on-the-go lifestyles. Subtl Beauty's product offerings are crafted for efficiency, easy application, and long-lasting wear, aligning with the values of conscious consumers by being clean, vegan, cruelty-free, paraben-free, and fragrance-free. The company's online sales platform further enhances accessibility for customers seeking innovative, travel-friendly makeup solutions.

DisSolves

Convertible Note in 2023
DisSolves Inc. is a Pittsburgh-based company specializing in the development and manufacture of dissolvable packaging materials for the food industry. Founded in 2016, DisSolves creates innovative, edible packaging made from natural and plant-based ingredients, specifically designed for single servings of drink mixes such as protein powder and flavor enhancers. Their flagship product, a pod, replaces traditional non-recyclable packaging with a more convenient, environmentally friendly option. DisSolves is committed to sustainability, utilizing renewable and vegan materials such as seaweed and polysaccharides to ensure their packaging is both degradable and safe for consumption. The company aims to enhance consumer convenience while promoting health and environmental responsibility, addressing the growing demand for efficient and eco-friendly food packaging solutions.

Parcel Health

Pre Seed Round in 2023
Parcel Health develops sustainable medication packaging made from paper. Their products are brandable, compostable, and offer improved temperature control during shipping compared to traditional plastic bottles.

Parcel Health

Seed Round in 2022
Parcel Health develops sustainable medication packaging made from paper. Their products are brandable, compostable, and offer improved temperature control during shipping compared to traditional plastic bottles.

DisSolves

Seed Round in 2022
DisSolves Inc. is a Pittsburgh-based company specializing in the development and manufacture of dissolvable packaging materials for the food industry. Founded in 2016, DisSolves creates innovative, edible packaging made from natural and plant-based ingredients, specifically designed for single servings of drink mixes such as protein powder and flavor enhancers. Their flagship product, a pod, replaces traditional non-recyclable packaging with a more convenient, environmentally friendly option. DisSolves is committed to sustainability, utilizing renewable and vegan materials such as seaweed and polysaccharides to ensure their packaging is both degradable and safe for consumption. The company aims to enhance consumer convenience while promoting health and environmental responsibility, addressing the growing demand for efficient and eco-friendly food packaging solutions.

Subtl Beauty

Seed Round in 2022
Subtl Beauty, Inc. is a cosmetics brand founded in 2018 and based in Pittsburgh, Pennsylvania. The company specializes in the production of stackable makeup products designed for contemporary women seeking convenience and flexibility in their beauty routines. Its unique packaging allows for modular, customizable stacks that can easily fit in a gym bag, purse, or back pocket, making them ideal for on-the-go lifestyles. Subtl Beauty's product offerings are crafted for efficiency, easy application, and long-lasting wear, aligning with the values of conscious consumers by being clean, vegan, cruelty-free, paraben-free, and fragrance-free. The company's online sales platform further enhances accessibility for customers seeking innovative, travel-friendly makeup solutions.

Parcel Health

Pre Seed Round in 2021
Parcel Health develops sustainable medication packaging made from paper. Their products are brandable, compostable, and offer improved temperature control during shipping compared to traditional plastic bottles.

Subtl Beauty

Seed Round in 2021
Subtl Beauty, Inc. is a cosmetics brand founded in 2018 and based in Pittsburgh, Pennsylvania. The company specializes in the production of stackable makeup products designed for contemporary women seeking convenience and flexibility in their beauty routines. Its unique packaging allows for modular, customizable stacks that can easily fit in a gym bag, purse, or back pocket, making them ideal for on-the-go lifestyles. Subtl Beauty's product offerings are crafted for efficiency, easy application, and long-lasting wear, aligning with the values of conscious consumers by being clean, vegan, cruelty-free, paraben-free, and fragrance-free. The company's online sales platform further enhances accessibility for customers seeking innovative, travel-friendly makeup solutions.

Subtl Beauty

Seed Round in 2020
Subtl Beauty, Inc. is a cosmetics brand founded in 2018 and based in Pittsburgh, Pennsylvania. The company specializes in the production of stackable makeup products designed for contemporary women seeking convenience and flexibility in their beauty routines. Its unique packaging allows for modular, customizable stacks that can easily fit in a gym bag, purse, or back pocket, making them ideal for on-the-go lifestyles. Subtl Beauty's product offerings are crafted for efficiency, easy application, and long-lasting wear, aligning with the values of conscious consumers by being clean, vegan, cruelty-free, paraben-free, and fragrance-free. The company's online sales platform further enhances accessibility for customers seeking innovative, travel-friendly makeup solutions.

Subtl Beauty

Seed Round in 2019
Subtl Beauty, Inc. is a cosmetics brand founded in 2018 and based in Pittsburgh, Pennsylvania. The company specializes in the production of stackable makeup products designed for contemporary women seeking convenience and flexibility in their beauty routines. Its unique packaging allows for modular, customizable stacks that can easily fit in a gym bag, purse, or back pocket, making them ideal for on-the-go lifestyles. Subtl Beauty's product offerings are crafted for efficiency, easy application, and long-lasting wear, aligning with the values of conscious consumers by being clean, vegan, cruelty-free, paraben-free, and fragrance-free. The company's online sales platform further enhances accessibility for customers seeking innovative, travel-friendly makeup solutions.

DisSolves

Seed Round in 2019
DisSolves Inc. is a Pittsburgh-based company specializing in the development and manufacture of dissolvable packaging materials for the food industry. Founded in 2016, DisSolves creates innovative, edible packaging made from natural and plant-based ingredients, specifically designed for single servings of drink mixes such as protein powder and flavor enhancers. Their flagship product, a pod, replaces traditional non-recyclable packaging with a more convenient, environmentally friendly option. DisSolves is committed to sustainability, utilizing renewable and vegan materials such as seaweed and polysaccharides to ensure their packaging is both degradable and safe for consumption. The company aims to enhance consumer convenience while promoting health and environmental responsibility, addressing the growing demand for efficient and eco-friendly food packaging solutions.

Subtl Beauty

Pre Seed Round in 2019
Subtl Beauty, Inc. is a cosmetics brand founded in 2018 and based in Pittsburgh, Pennsylvania. The company specializes in the production of stackable makeup products designed for contemporary women seeking convenience and flexibility in their beauty routines. Its unique packaging allows for modular, customizable stacks that can easily fit in a gym bag, purse, or back pocket, making them ideal for on-the-go lifestyles. Subtl Beauty's product offerings are crafted for efficiency, easy application, and long-lasting wear, aligning with the values of conscious consumers by being clean, vegan, cruelty-free, paraben-free, and fragrance-free. The company's online sales platform further enhances accessibility for customers seeking innovative, travel-friendly makeup solutions.

The Carbon Freight Company

Seed Round in 2016
The Carbon Freight Company, LLC, founded in 2014 and headquartered in Pittsburgh, Pennsylvania, specializes in the manufacture of air cargo products, including cargo pallets and air cargo containers, as well as ground handling solutions. The company focuses on creating more durable products that are designed to be lightweight, enabling more efficient cargo transport and reduced emissions. By prioritizing sustainability alongside profitability, The Carbon Freight Company aims to demonstrate that environmentally responsible practices can coexist with successful business operations.
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