Innovation Works

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.

Past deals in Predictive Analytics

Telling.ai

Seed Round in 2021
Telling.ai analyzes voice and breath sounds to assess lung health. They offer signatures found in breath and speech that are indicators of many medical conditions, including respiratory diseases and infections. Their mission is to assist in managing the care of the more than 1 billion people who suffer from acute or chronic respiratory disorders.

Ariel Precision Medicine

Seed Round in 2021
Ariel Precision Medicine is a healthcare company that creates innovative solutions to simplify the personalized treatment of complex disease. It offers clinical decision support tools for the emergency department and the clinic. The company was founded in 2015 and headquartered in Pennsylvania, United States.

AdSkate

Seed Round in 2021
AdSkate’s machine learning and artificial intelligence technology provide multiple data points to make the ad buying and selling process effective and transparent

SpIntellx

Seed Round in 2021
SpIntellx has the first-mover advantage in Precision Pathology and Spatially Intelligent Biology by applying truly unbiased spatial analytics software powered by explainable AI to decipher the complex cancer biology. SpIntellx’s software solutions have the potential to unlock a plethora of new applications in medicine and research by answering the fundamental question “Why?”, thus revealing the underlying patient-specific disease network biology, across each stage of the drug development, diagnostics, and treatment pipelines.

Gridfruit

Seed Round in 2020
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.

Ariel Precision Medicine

Seed Round in 2020
Ariel Precision Medicine is a healthcare company that creates innovative solutions to simplify the personalized treatment of complex disease. It offers clinical decision support tools for the emergency department and the clinic. The company was founded in 2015 and headquartered in Pennsylvania, United States.

Ariel Precision Medicine

Seed Round in 2019
Ariel Precision Medicine is a healthcare company that creates innovative solutions to simplify the personalized treatment of complex disease. It offers clinical decision support tools for the emergency department and the clinic. The company was founded in 2015 and headquartered in Pennsylvania, United States.

Gridfruit

Seed Round in 2018
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.

Ariel Precision Medicine

Seed Round in 2018
Ariel Precision Medicine is a healthcare company that creates innovative solutions to simplify the personalized treatment of complex disease. It offers clinical decision support tools for the emergency department and the clinic. The company was founded in 2015 and headquartered in Pennsylvania, United States.

Stocksnips

Seed Round in 2018
Their vision is to provide easy access to stock market news analysis to investors. Understanding market sentiment trends is an important element in managing one’s stock portfolio. StockSnips crawls, aggregates and analyzes news related to public companies listed on Nasdaq and NYSE. It reads 50,000 articles a day and filters out the noise and analyzes news sentiment. StockSnips enables you to gain stock insights and track a company’s financial and business operations. It categorizes news snippets by key performance indicators like revenue, sales, earnings.

Stocksnips

Convertible Note in 2017
Their vision is to provide easy access to stock market news analysis to investors. Understanding market sentiment trends is an important element in managing one’s stock portfolio. StockSnips crawls, aggregates and analyzes news related to public companies listed on Nasdaq and NYSE. It reads 50,000 articles a day and filters out the noise and analyzes news sentiment. StockSnips enables you to gain stock insights and track a company’s financial and business operations. It categorizes news snippets by key performance indicators like revenue, sales, earnings.

Ariel Precision Medicine

Convertible Note in 2017
Ariel Precision Medicine is a healthcare company that creates innovative solutions to simplify the personalized treatment of complex disease. It offers clinical decision support tools for the emergency department and the clinic. The company was founded in 2015 and headquartered in Pennsylvania, United States.

EEme

Seed Round in 2014
EEme, LLC, a Carnegie Mellon University spin-out, converts big data into actionable insight to mine for residential energy efficiency (EE) sweet spots. Our data-driven platform solution enables electric utilities, home improvement product and service providers, and residential users to make targeted and informed EE investment decisions.

Diamond Kinetics

Seed Round in 2014
Diamond Kinetics develops motion data and analytics of baseball and softball for players and their coaches. It focuses on bringing motion data and analytics to players of all ages and skill levels, and their coaches, in baseball and softball. It was founded in 2012 and headquartered in Pittsburgh, Pennsylvania.

Tailored Fit

Seed Round in 2014
Tailored Fit is an online shopping service that provides users with recommendations for clothing they’ll like based on their past behavior. As users like/dislike pieces of clothing Tailored Fit creates a detailed profile of their style, and makes suggestions based on that profile from online retailers. This profile will also enable a shopping app based on discovering clothing from stores nearby.

Propel

Series A in 2014
Propel is a software company in the commercial transportation industry. In recent years accident rates, insurance claims, and insurance premiums have risen dramatically in both frequency and cost. There is now a greater need to track and quantify the true risk level of a commercial fleet than ever. This need has led to the creation of RouteRisk, Propel’s mobile software platform that tracks, scores, predicts and ultimately reduces commercial vehicle accidents by over 50%. With cutting edge and proprietary technology, RouteRisk is uniquely positioned to drastically reduce the accident rates and claims of every driver who participates in the program. From its turn-by-turn routing and in-cab safety voice alerts to the immense database of FMCSA, DOT inspection, and vehicle history data for every single commercial fleet in the country, RouteRisk is unrivaled in its ability to reveal the true risk level of any commercial fleet in the United States.

EEme

Seed Round in 2013
EEme, LLC, a Carnegie Mellon University spin-out, converts big data into actionable insight to mine for residential energy efficiency (EE) sweet spots. Our data-driven platform solution enables electric utilities, home improvement product and service providers, and residential users to make targeted and informed EE investment decisions.

Propel

Seed Round in 2013
Propel is a software company in the commercial transportation industry. In recent years accident rates, insurance claims, and insurance premiums have risen dramatically in both frequency and cost. There is now a greater need to track and quantify the true risk level of a commercial fleet than ever. This need has led to the creation of RouteRisk, Propel’s mobile software platform that tracks, scores, predicts and ultimately reduces commercial vehicle accidents by over 50%. With cutting edge and proprietary technology, RouteRisk is uniquely positioned to drastically reduce the accident rates and claims of every driver who participates in the program. From its turn-by-turn routing and in-cab safety voice alerts to the immense database of FMCSA, DOT inspection, and vehicle history data for every single commercial fleet in the country, RouteRisk is unrivaled in its ability to reveal the true risk level of any commercial fleet in the United States.

Medallion Analytics Software

Venture Round in 2011
Medallion Analytics is a web solution designed that gives control over compliance and cost across the entire origination process. Medallion closes the gap between the loan origination system and the post-closing environment. It was incorporated in 2009 and is headquartered in Pittsburgh, Pennsylvania.

Medallion Analytics Software

Seed Round in 2010
Medallion Analytics is a web solution designed that gives control over compliance and cost across the entire origination process. Medallion closes the gap between the loan origination system and the post-closing environment. It was incorporated in 2009 and is headquartered in Pittsburgh, Pennsylvania.

CivicScience

Seed Round in 2009
CivicScience Inc is the creator of an intelligent online polling application, called iQpoll. It integrates with polls currently running on the site, or if don't have a poll, CivicScience designers will build one to match the look and feel of the site. The company then delivers up to three approved poll questions to users every time they visit. By identifying return users, it builds rich but anonymous profiles over, using its technology to delivers increasingly relevant questions to keep users coming back. It also offers the ability to receive reports for market researchers, investment analysts, and others who want to better understand consumer opinion. It uses anonymous audience data in a paid report, and receive a revenue share.

CivicScience

Seed Round in 2008
CivicScience Inc is the creator of an intelligent online polling application, called iQpoll. It integrates with polls currently running on the site, or if don't have a poll, CivicScience designers will build one to match the look and feel of the site. The company then delivers up to three approved poll questions to users every time they visit. By identifying return users, it builds rich but anonymous profiles over, using its technology to delivers increasingly relevant questions to keep users coming back. It also offers the ability to receive reports for market researchers, investment analysts, and others who want to better understand consumer opinion. It uses anonymous audience data in a paid report, and receive a revenue share.
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