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.
BlastPoint specializes in big data solutions that enable companies to enhance revenue growth by effectively discovering, targeting, and engaging with their customer data. The company offers a predictive AI-powered platform that addresses customer engagement challenges, allowing businesses to find and satisfy their customers throughout their lifetime. BlastPoint serves a diverse range of sectors, including energy, finance, automotive, and nonprofit organizations, helping them identify trends and extract valuable insights specific to their territories or market dynamics.
Sitewiz
Pre Seed Round in 2024
Sitewiz is a technology company that specializes in digital experience optimization. It employs generative AI and data-driven analytics to enhance website conversion rates. The company's platform offers AI-driven insights, prioritizing actionable recommendations to improve customer engagement and boost conversion rates. This enables businesses to efficiently focus on the most impactful actions, thereby improving website performance.
Peoples Energy Analytics
Seed Round in 2024
Peoples Energy Analytics specializes in providing a comprehensive data-driven platform aimed at assisting utility companies in managing at-risk customers before they default on their energy bills. The company’s solution identifies individuals who may be at risk of non-payment and connects them with bill assistance resources well in advance of any missed payments. By offering a complete service that encompasses strategy design, data analysis, and marketing outreach support, Peoples Energy Analytics enables utility providers to reduce the incidence of unpaid energy bills while enhancing their revenue recovery efforts. The scalable and cost-effective approach modernizes how organizations engage with their customers, ultimately improving customer satisfaction and financial performance.
SignatureDx
Seed Round in 2024
SignatureDx is a biotechnology company that develops and operates a bioanalytical platform. This platform is designed to detect and monitor complex human diseases in their early, silent stages. The company focuses on non-invasive diagnostic testing, aiming to predict and treat diseases before they cause significant organ damage. By specializing in novel methods, SignatureDx enables individuals to receive timely and successful treatment, thereby improving health outcomes.
Sensible Photonics
Pre Seed Round in 2024
Sensible Photonics focuses on developing cost-effective fiber optic sensing technologies for monitoring electrical grid equipment and energy storage solutions. The company manufactures noninvasive sensors that provide real-time temperature readings and other critical parameters for transformers, batteries, and other electrical assets. These sensors facilitate predictive analytics, allowing for the early detection of potential failures and maintenance needs, particularly in relation to thermal runaway. By enabling proactive monitoring, Sensible Photonics enhances the reliability and safety of energy assets, ultimately leading to improved operational efficiency and financial savings for its clients.
D.Sole
Pre Seed Round in 2023
D.Sole specializes in the development of advanced foot insoles aimed at improving remote patient monitoring in podiatry, specifically for diabetic patients. These innovative, AI-powered insoles utilize multimodal sensors to detect early signs of complications, such as ulcers and nerve damage. By providing comprehensive physiological data, D.Sole enables clinicians to gain evidence-based insights for more effective foot treatments. The company's solution is notably more cost-effective than existing market options, detecting multiple foot complications compared to competitors that typically identify only one. This technology has the potential to significantly reduce healthcare costs, potentially saving hospitals over $100 million annually by decreasing readmission rates for foot complications, while private insurers could save more than $1 billion by minimizing expenses related to amputations and wound care.
Ilant Health
Pre Seed Round in 2023
Ilant Health specializes in obesity management and cardiometabolic healthcare services. The company focuses on delivering treatment for obesity and weight management, utilizing advanced analytics powered by unstructured machine learning. This technology generates significant insights that aim to lower overall healthcare costs and enhance return on investment for obesity treatments. By offering effective solutions for weight loss, Ilant Health enables clients to achieve better health outcomes while simultaneously reducing expenses and accessing health plans through value-based care.
Velo.AI
Non Equity Assistance in 2023
Velo AI specializes in enhancing cyclist safety through its innovative product, Copilot, an AI-powered bike light and camera system. This technology integrates artificial intelligence with rear-facing video recording to improve visibility and awareness for cyclists. Copilot provides real-time alerts for approaching vehicles, capturing video recordings of each ride to document cyclist experiences and behaviors. Additionally, it features audible warnings to alert cyclists of potential dangers from behind and visual warnings to inform drivers of their proximity to bicyclists. The system's predictive risk estimation capabilities track driver behavior, promoting safer riding practices and helping to prevent accidents on the road.
Peoples Energy Analytics
Seed Round in 2023
Peoples Energy Analytics specializes in providing a comprehensive data-driven platform aimed at assisting utility companies in managing at-risk customers before they default on their energy bills. The company’s solution identifies individuals who may be at risk of non-payment and connects them with bill assistance resources well in advance of any missed payments. By offering a complete service that encompasses strategy design, data analysis, and marketing outreach support, Peoples Energy Analytics enables utility providers to reduce the incidence of unpaid energy bills while enhancing their revenue recovery efforts. The scalable and cost-effective approach modernizes how organizations engage with their customers, ultimately improving customer satisfaction and financial performance.
Ariel Precision Medicine
Seed Round in 2023
Ariel Precision Medicine is an integrated genomics and digital health company based in Pittsburgh, Pennsylvania, that focuses on providing precision medicine solutions for the diagnosis, monitoring, and treatment of complex chronic diseases. Founded in 2013, the company develops innovative clinical decision support tools designed to simplify personalized treatment, particularly through its flagship product, ArielDx. This cloud-based platform specifically aids in the diagnosis and management of pancreatic disease, enhancing the capabilities of healthcare providers in both emergency and clinical settings. Ariel Precision Medicine aims to improve patient outcomes by leveraging advanced technology and genomic insights in healthcare.
Velo.AI
Seed Round in 2023
Velo AI specializes in enhancing cyclist safety through its innovative product, Copilot, an AI-powered bike light and camera system. This technology integrates artificial intelligence with rear-facing video recording to improve visibility and awareness for cyclists. Copilot provides real-time alerts for approaching vehicles, capturing video recordings of each ride to document cyclist experiences and behaviors. Additionally, it features audible warnings to alert cyclists of potential dangers from behind and visual warnings to inform drivers of their proximity to bicyclists. The system's predictive risk estimation capabilities track driver behavior, promoting safer riding practices and helping to prevent accidents on the road.
SpIntellx
Convertible Note in 2023
SpIntellx, Inc. is a computational and systems pathology company based in Pittsburgh, Pennsylvania, specializing in spatial intelligence software products for cancer diagnosis. Established in 2017, the company offers innovative solutions such as SpIntellx, which analyzes image data sets from various imaging platforms and reagent types, enabling precise analysis of pathology tissue sections. Additionally, SpIntellx provides HistoMapr, a computational guide for pathologists, and TumorMapr, which examines the spatial interactions of biomarkers within whole slide images using multiplexed fluorescence. By leveraging unbiased spatial analytics powered by explainable AI, SpIntellx aims to enhance the understanding of complex cancer biology, contributing to advancements in medicine and research across drug development, diagnostics, and treatment pipelines.
LeanFM Technologies
Seed Round in 2022
LeanFM Technologies is a developer of a cloud-based information and facility operations platform designed to assist facility managers in accessing actionable information for data-driven decision-making. The platform integrates static design information, dynamic measurements, and controls using standard communication protocols, allowing for the automatic mapping of data points from building automation systems to design drawings. By providing insights into maintenance history and backlog, the platform enriches building information with artificial intelligence, enabling clients to minimize waste and enhance value for both owners and occupants. LeanFM Technologies aims to improve the accuracy and productivity of operational facility managers across various sectors, including healthcare and education.
Inspired Cognition
Seed Round in 2022
Inspired Cognition is a Pennsylvania-based company that specializes in developing artificial intelligence software and digital tools tailored for the research and development life cycle. The company focuses on creating operational guides and online systems that assist businesses in integrating AI solutions. Its offerings include evaluation as a service, which facilitates the development and monitoring of projects, along with data modeling capabilities. This enables professionals to identify system pain points and propose effective solutions, ultimately enhancing business performance and productivity.
Telling.ai
Seed Round in 2022
Telling.ai is a telehealth platform focused on assessing lung health through the analysis of voice and breath sounds. By capturing respiratory sounds in real-world settings, the company provides real-time feedback and optimizes data quality to support individuals with chronic lung conditions. Their technology identifies signatures in breath and speech that indicate various medical conditions, including respiratory diseases and infections. Telling.ai aims to assist in the management of care for over 1 billion people suffering from acute or chronic respiratory disorders, enabling timely interventions that can prevent costly hospitalizations and improve overall patient outcomes.
BlastPoint
Seed Round in 2022
BlastPoint specializes in big data solutions that enable companies to enhance revenue growth by effectively discovering, targeting, and engaging with their customer data. The company offers a predictive AI-powered platform that addresses customer engagement challenges, allowing businesses to find and satisfy their customers throughout their lifetime. BlastPoint serves a diverse range of sectors, including energy, finance, automotive, and nonprofit organizations, helping them identify trends and extract valuable insights specific to their territories or market dynamics.
SpIntellx
Seed Round in 2022
SpIntellx, Inc. is a computational and systems pathology company based in Pittsburgh, Pennsylvania, specializing in spatial intelligence software products for cancer diagnosis. Established in 2017, the company offers innovative solutions such as SpIntellx, which analyzes image data sets from various imaging platforms and reagent types, enabling precise analysis of pathology tissue sections. Additionally, SpIntellx provides HistoMapr, a computational guide for pathologists, and TumorMapr, which examines the spatial interactions of biomarkers within whole slide images using multiplexed fluorescence. By leveraging unbiased spatial analytics powered by explainable AI, SpIntellx aims to enhance the understanding of complex cancer biology, contributing to advancements in medicine and research across drug development, diagnostics, and treatment pipelines.
Naima Health
Seed Round in 2022
Naima Health is a healthcare technology company founded in 2018 and based in Pittsburgh, Pennsylvania. It specializes in developing health tools that utilize behavioral decision science and machine learning to enhance patient engagement in clinical care, particularly for pregnant women. The company's platform focuses on minimizing the risk of adverse pregnancy outcomes by offering a personalized and user-friendly pregnancy risk assessment and support tool. By combining individual-level input with statistical machine learning, Naima Health aims to empower at-risk women to better understand and communicate about their health risks, thereby facilitating access to necessary support and improving overall outcomes. The organization comprises a diverse team of researchers, scientists, and medical professionals committed to advancing maternal health.
Lanzhou Technology
Seed Round in 2022
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.
Telling.ai
Seed Round in 2021
Telling.ai is a telehealth platform focused on assessing lung health through the analysis of voice and breath sounds. By capturing respiratory sounds in real-world settings, the company provides real-time feedback and optimizes data quality to support individuals with chronic lung conditions. Their technology identifies signatures in breath and speech that indicate various medical conditions, including respiratory diseases and infections. Telling.ai aims to assist in the management of care for over 1 billion people suffering from acute or chronic respiratory disorders, enabling timely interventions that can prevent costly hospitalizations and improve overall patient outcomes.
Ariel Precision Medicine
Seed Round in 2021
Ariel Precision Medicine is an integrated genomics and digital health company based in Pittsburgh, Pennsylvania, that focuses on providing precision medicine solutions for the diagnosis, monitoring, and treatment of complex chronic diseases. Founded in 2013, the company develops innovative clinical decision support tools designed to simplify personalized treatment, particularly through its flagship product, ArielDx. This cloud-based platform specifically aids in the diagnosis and management of pancreatic disease, enhancing the capabilities of healthcare providers in both emergency and clinical settings. Ariel Precision Medicine aims to improve patient outcomes by leveraging advanced technology and genomic insights in healthcare.
LeanFM Technologies
Seed Round in 2021
LeanFM Technologies is a developer of a cloud-based information and facility operations platform designed to assist facility managers in accessing actionable information for data-driven decision-making. The platform integrates static design information, dynamic measurements, and controls using standard communication protocols, allowing for the automatic mapping of data points from building automation systems to design drawings. By providing insights into maintenance history and backlog, the platform enriches building information with artificial intelligence, enabling clients to minimize waste and enhance value for both owners and occupants. LeanFM Technologies aims to improve the accuracy and productivity of operational facility managers across various sectors, including healthcare and education.
SpIntellx
Seed Round in 2021
SpIntellx, Inc. is a computational and systems pathology company based in Pittsburgh, Pennsylvania, specializing in spatial intelligence software products for cancer diagnosis. Established in 2017, the company offers innovative solutions such as SpIntellx, which analyzes image data sets from various imaging platforms and reagent types, enabling precise analysis of pathology tissue sections. Additionally, SpIntellx provides HistoMapr, a computational guide for pathologists, and TumorMapr, which examines the spatial interactions of biomarkers within whole slide images using multiplexed fluorescence. By leveraging unbiased spatial analytics powered by explainable AI, SpIntellx aims to enhance the understanding of complex cancer biology, contributing to advancements in medicine and research across drug development, diagnostics, and treatment pipelines.
BlastPoint
Seed Round in 2020
BlastPoint specializes in big data solutions that enable companies to enhance revenue growth by effectively discovering, targeting, and engaging with their customer data. The company offers a predictive AI-powered platform that addresses customer engagement challenges, allowing businesses to find and satisfy their customers throughout their lifetime. BlastPoint serves a diverse range of sectors, including energy, finance, automotive, and nonprofit organizations, helping them identify trends and extract valuable insights specific to their territories or market dynamics.
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.
Hibersense
Seed Round in 2020
Hibersense offers a smart HVAC control solution designed to enhance comfort and energy efficiency in homes and multi-family dwellings. Their patent-pending system features wireless sensors and battery-operated vents that monitor room conditions such as temperature, motion, light, humidity, and sound. By employing machine learning algorithms, Hibersense optimizes heating and cooling for each individual space, effectively reducing energy consumption by up to 40% by avoiding the conditioning of unoccupied areas. This innovative approach not only improves tenant comfort and satisfaction but also provides valuable insights into building thermal dynamics and usage patterns, potentially increasing profitability for multi-family operators.
Ariel Precision Medicine
Seed Round in 2020
Ariel Precision Medicine is an integrated genomics and digital health company based in Pittsburgh, Pennsylvania, that focuses on providing precision medicine solutions for the diagnosis, monitoring, and treatment of complex chronic diseases. Founded in 2013, the company develops innovative clinical decision support tools designed to simplify personalized treatment, particularly through its flagship product, ArielDx. This cloud-based platform specifically aids in the diagnosis and management of pancreatic disease, enhancing the capabilities of healthcare providers in both emergency and clinical settings. Ariel Precision Medicine aims to improve patient outcomes by leveraging advanced technology and genomic insights in healthcare.
Vigilant Technologies
Seed Round in 2020
VIT Initiative, Inc. is a health and safety company based in San Francisco, California, that develops a cloud-enabled Internet of Things (IoT) platform aimed at reducing operational risks and promoting employee health. Founded in 2015, the company focuses on utilizing smart technology to provide real-time coaching and collect data on leading indicators of workplace injuries. This approach helps businesses mitigate risks, enhance operational efficiency, and improve safety compliance, ultimately leading to reduced cycle times and lower injury-related costs. Additionally, VIT Initiative offers automated COVID-19 symptom tracking, further supporting workplace health initiatives. Their products are designed to identify patterns and behaviors that may lead to health problems, allowing for proactive intervention before complications arise.
Wise Telemetry
Seed Round in 2020
Wise Telemetry, LLC specializes in gas sensor systems designed for gas distributors to monitor real-time supply and usage data at customer locations. The company's technology automatically identifies and communicates essential information, such as a gas cylinder's size, fill level, and usage rate, without the need for user input or programming. This capability enhances delivery route planning, usage tracking, and demand forecasting, allowing clients to optimize their operations and reduce costs. Wise Telemetry's solutions are applicable across various sectors, including medical, manufacturing, energy, electronics, and construction. Originally founded as BreatheWise, LLC in 2014, the company rebranded to Wise Telemetry in May 2017 and is based in Pittsburgh, Pennsylvania.
Rhabit Analytics
Seed Round in 2020
Rhabit Analytics, Inc. is a software company based in Pittsburgh, Pennsylvania, founded in 2017. It specializes in developing a continuous employee feedback platform designed to enhance employee development, performance management, and engagement. The platform is user-friendly and requires minimal setup, allowing employees to provide feedback in approximately 60 seconds each week, resulting in the collection of over 30 data points per employee weekly. Rhabit Analytics transforms this data into actionable people analytics, which support various talent management processes, including identifying high-potential employees and informing strategic decisions related to workforce development. Additionally, Rhabit offers consulting services to help clients interpret their data effectively, ensuring that insights are communicated clearly to leadership.
LeanFM Technologies
Seed Round in 2020
LeanFM Technologies is a developer of a cloud-based information and facility operations platform designed to assist facility managers in accessing actionable information for data-driven decision-making. The platform integrates static design information, dynamic measurements, and controls using standard communication protocols, allowing for the automatic mapping of data points from building automation systems to design drawings. By providing insights into maintenance history and backlog, the platform enriches building information with artificial intelligence, enabling clients to minimize waste and enhance value for both owners and occupants. LeanFM Technologies aims to improve the accuracy and productivity of operational facility managers across various sectors, including healthcare and education.
Hibersense
Seed Round in 2019
Hibersense offers a smart HVAC control solution designed to enhance comfort and energy efficiency in homes and multi-family dwellings. Their patent-pending system features wireless sensors and battery-operated vents that monitor room conditions such as temperature, motion, light, humidity, and sound. By employing machine learning algorithms, Hibersense optimizes heating and cooling for each individual space, effectively reducing energy consumption by up to 40% by avoiding the conditioning of unoccupied areas. This innovative approach not only improves tenant comfort and satisfaction but also provides valuable insights into building thermal dynamics and usage patterns, potentially increasing profitability for multi-family operators.
Idelic
Series A in 2019
Idelic is a driver management platform founded in 2016 and based in Pittsburgh, Pennsylvania. It focuses on the transportation industry by consolidating fleet data systems and automating compliance processes to enhance driver safety. The platform integrates data from various technology sources into a unified system, allowing clients to gain predictive insights and effectively manage their safety operations. By leveraging data organization and artificial intelligence, Idelic aims to prevent crashes, reduce driver turnover, and lower insurance costs. The company's innovative approach helps identify at-risk drivers before incidents occur, contributing to a safer and more efficient fleet management experience.
Ariel Precision Medicine
Seed Round in 2019
Ariel Precision Medicine is an integrated genomics and digital health company based in Pittsburgh, Pennsylvania, that focuses on providing precision medicine solutions for the diagnosis, monitoring, and treatment of complex chronic diseases. Founded in 2013, the company develops innovative clinical decision support tools designed to simplify personalized treatment, particularly through its flagship product, ArielDx. This cloud-based platform specifically aids in the diagnosis and management of pancreatic disease, enhancing the capabilities of healthcare providers in both emergency and clinical settings. Ariel Precision Medicine aims to improve patient outcomes by leveraging advanced technology and genomic insights in healthcare.
Hibersense
Seed Round in 2019
Hibersense offers a smart HVAC control solution designed to enhance comfort and energy efficiency in homes and multi-family dwellings. Their patent-pending system features wireless sensors and battery-operated vents that monitor room conditions such as temperature, motion, light, humidity, and sound. By employing machine learning algorithms, Hibersense optimizes heating and cooling for each individual space, effectively reducing energy consumption by up to 40% by avoiding the conditioning of unoccupied areas. This innovative approach not only improves tenant comfort and satisfaction but also provides valuable insights into building thermal dynamics and usage patterns, potentially increasing profitability for multi-family operators.
Hibersense
Seed Round in 2018
Hibersense offers a smart HVAC control solution designed to enhance comfort and energy efficiency in homes and multi-family dwellings. Their patent-pending system features wireless sensors and battery-operated vents that monitor room conditions such as temperature, motion, light, humidity, and sound. By employing machine learning algorithms, Hibersense optimizes heating and cooling for each individual space, effectively reducing energy consumption by up to 40% by avoiding the conditioning of unoccupied areas. This innovative approach not only improves tenant comfort and satisfaction but also provides valuable insights into building thermal dynamics and usage patterns, potentially increasing profitability for multi-family operators.
Idelic
Seed Round in 2018
Idelic is a driver management platform founded in 2016 and based in Pittsburgh, Pennsylvania. It focuses on the transportation industry by consolidating fleet data systems and automating compliance processes to enhance driver safety. The platform integrates data from various technology sources into a unified system, allowing clients to gain predictive insights and effectively manage their safety operations. By leveraging data organization and artificial intelligence, Idelic aims to prevent crashes, reduce driver turnover, and lower insurance costs. The company's innovative approach helps identify at-risk drivers before incidents occur, contributing to a safer and more efficient fleet management experience.
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 an integrated genomics and digital health company based in Pittsburgh, Pennsylvania, that focuses on providing precision medicine solutions for the diagnosis, monitoring, and treatment of complex chronic diseases. Founded in 2013, the company develops innovative clinical decision support tools designed to simplify personalized treatment, particularly through its flagship product, ArielDx. This cloud-based platform specifically aids in the diagnosis and management of pancreatic disease, enhancing the capabilities of healthcare providers in both emergency and clinical settings. Ariel Precision Medicine aims to improve patient outcomes by leveraging advanced technology and genomic insights in healthcare.
LifeWhere
Seed Round in 2018
LifeWhere, LLC is a software company based in Pittsburgh, Pennsylvania, specializing in predictive analytics for the home service provider market. Founded in 2016, the company has developed innovative solutions that enable users to monitor the health of home utility systems. Its flagship offering, LifePulse technology, utilizes Internet of Things (IoT) capabilities to connect various household machines to the cloud, allowing for real-time monitoring and analysis. The platform provides a home health dashboard that alerts service providers to potential issues before they escalate, thereby streamlining maintenance and reducing downtime. By enhancing the efficiency of repair processes and improving staff utilization, LifeWhere helps both residential and commercial property owners prevent significant failures in their utility systems. LifeWhere, LLC operates as a subsidiary of Resideo Technologies, Inc. as of June 2019.
Wise Telemetry
Seed Round in 2018
Wise Telemetry, LLC specializes in gas sensor systems designed for gas distributors to monitor real-time supply and usage data at customer locations. The company's technology automatically identifies and communicates essential information, such as a gas cylinder's size, fill level, and usage rate, without the need for user input or programming. This capability enhances delivery route planning, usage tracking, and demand forecasting, allowing clients to optimize their operations and reduce costs. Wise Telemetry's solutions are applicable across various sectors, including medical, manufacturing, energy, electronics, and construction. Originally founded as BreatheWise, LLC in 2014, the company rebranded to Wise Telemetry in May 2017 and is based in Pittsburgh, Pennsylvania.
Inteligistics
Seed Round in 2018
Inteligistics specializes in cold chain and supply chain visibility solutions, focusing on the tracking and monitoring of perishable commodities. The company utilizes advanced technologies, including low-power, portable wireless sensors and passive radio frequency identification (RFID) tags. Its InteliView platform integrates cloud-based communication gateways, patented portable readers, and controllers to provide real-time insights. Through a comprehensive graphics dashboard and data analytics platform, Inteligistics delivers actionable information and alerts, allowing businesses to enhance their supply chain performance, productivity, and quality. The solutions aim to improve process efficiency, reduce energy consumption, increase product throughput, and optimize labor costs and inventory management.
TravelWits
Seed Round in 2018
TravelWits LLC is an online platform based in Pittsburgh, Pennsylvania, that facilitates the search for multi-mode travel deals for both business and leisure travelers. Founded in 2013, the company aims to provide users with cost-effective and convenient travel options by utilizing artificial intelligence to create optimized door-to-door itineraries. This technology not only helps travelers find suitable accommodations and transportation within their budget but also assists companies in managing travel policies and incentivizing employees. The founding team consists of experts in real-time cost optimization and web development, bringing over 30 years of combined experience to the venture. TravelWits is advised by a seasoned professional from one of the largest travel management companies, enhancing its industry expertise.
Hibersense
Seed Round in 2018
Hibersense offers a smart HVAC control solution designed to enhance comfort and energy efficiency in homes and multi-family dwellings. Their patent-pending system features wireless sensors and battery-operated vents that monitor room conditions such as temperature, motion, light, humidity, and sound. By employing machine learning algorithms, Hibersense optimizes heating and cooling for each individual space, effectively reducing energy consumption by up to 40% by avoiding the conditioning of unoccupied areas. This innovative approach not only improves tenant comfort and satisfaction but also provides valuable insights into building thermal dynamics and usage patterns, potentially increasing profitability for multi-family operators.
BlastPoint
Seed Round in 2018
BlastPoint specializes in big data solutions that enable companies to enhance revenue growth by effectively discovering, targeting, and engaging with their customer data. The company offers a predictive AI-powered platform that addresses customer engagement challenges, allowing businesses to find and satisfy their customers throughout their lifetime. BlastPoint serves a diverse range of sectors, including energy, finance, automotive, and nonprofit organizations, helping them identify trends and extract valuable insights specific to their territories or market dynamics.
TravelWits
Convertible Note in 2018
TravelWits LLC is an online platform based in Pittsburgh, Pennsylvania, that facilitates the search for multi-mode travel deals for both business and leisure travelers. Founded in 2013, the company aims to provide users with cost-effective and convenient travel options by utilizing artificial intelligence to create optimized door-to-door itineraries. This technology not only helps travelers find suitable accommodations and transportation within their budget but also assists companies in managing travel policies and incentivizing employees. The founding team consists of experts in real-time cost optimization and web development, bringing over 30 years of combined experience to the venture. TravelWits is advised by a seasoned professional from one of the largest travel management companies, enhancing its industry expertise.
Watt-Learn
Seed Round in 2018
Watt-Learn, Inc. develops cloud-based software-as-a-service for grid-connected battery installations in the energy sector. Founded in 2016 and based in Pittsburgh, Pennsylvania, the company utilizes artificial intelligence to enhance the longevity and operational efficiency of energy storage systems. Its platform autonomously optimizes battery operations according to user-defined criteria, aiming to maximize the return on investment while minimizing battery degradation. Watt-Learn serves a diverse clientele, including battery original equipment manufacturers, small system OEMs, system integrators, and commercial and industrial users, as well as utility end users. The software offers features such as battery and energy performance audits, daily operation setpoints, and proactive lifetime-aware automation services, helping clients reduce operating costs and improve the overall value of their energy storage projects.
Rhabit Analytics
Seed Round in 2018
Rhabit Analytics, Inc. is a software company based in Pittsburgh, Pennsylvania, founded in 2017. It specializes in developing a continuous employee feedback platform designed to enhance employee development, performance management, and engagement. The platform is user-friendly and requires minimal setup, allowing employees to provide feedback in approximately 60 seconds each week, resulting in the collection of over 30 data points per employee weekly. Rhabit Analytics transforms this data into actionable people analytics, which support various talent management processes, including identifying high-potential employees and informing strategic decisions related to workforce development. Additionally, Rhabit offers consulting services to help clients interpret their data effectively, ensuring that insights are communicated clearly to leadership.
Hibersense
Seed Round in 2018
Hibersense offers a smart HVAC control solution designed to enhance comfort and energy efficiency in homes and multi-family dwellings. Their patent-pending system features wireless sensors and battery-operated vents that monitor room conditions such as temperature, motion, light, humidity, and sound. By employing machine learning algorithms, Hibersense optimizes heating and cooling for each individual space, effectively reducing energy consumption by up to 40% by avoiding the conditioning of unoccupied areas. This innovative approach not only improves tenant comfort and satisfaction but also provides valuable insights into building thermal dynamics and usage patterns, potentially increasing profitability for multi-family operators.
LifeWhere
Seed Round in 2017
LifeWhere, LLC is a software company based in Pittsburgh, Pennsylvania, specializing in predictive analytics for the home service provider market. Founded in 2016, the company has developed innovative solutions that enable users to monitor the health of home utility systems. Its flagship offering, LifePulse technology, utilizes Internet of Things (IoT) capabilities to connect various household machines to the cloud, allowing for real-time monitoring and analysis. The platform provides a home health dashboard that alerts service providers to potential issues before they escalate, thereby streamlining maintenance and reducing downtime. By enhancing the efficiency of repair processes and improving staff utilization, LifeWhere helps both residential and commercial property owners prevent significant failures in their utility systems. LifeWhere, LLC operates as a subsidiary of Resideo Technologies, Inc. as of June 2019.
Behaivior
Seed Round in 2017
Behaivior LLC is a digital health company based in Pittsburgh, Pennsylvania, focused on predicting and preventing addiction relapses through innovative technology. Founded in 2017, Behaivior develops a platform that combines wearable devices and machine learning algorithms to monitor key physiological signals such as heart rate and motion. This system, known as Recovery, is designed to support mental health recovery and wellness by delivering timely interventions based on real-time data. By utilizing a software-as-a-service (SaaS) model, Behaivior empowers individuals to maintain their recovery process while enabling care providers to better assist their clients. The integration of AI and behavioral health technology allows Behaivior to recognize patterns in human behavior, ultimately aiming to enhance mental well-being and reduce the incidence of crises, including relapse.
Wise Telemetry
Convertible Note in 2017
Wise Telemetry, LLC specializes in gas sensor systems designed for gas distributors to monitor real-time supply and usage data at customer locations. The company's technology automatically identifies and communicates essential information, such as a gas cylinder's size, fill level, and usage rate, without the need for user input or programming. This capability enhances delivery route planning, usage tracking, and demand forecasting, allowing clients to optimize their operations and reduce costs. Wise Telemetry's solutions are applicable across various sectors, including medical, manufacturing, energy, electronics, and construction. Originally founded as BreatheWise, LLC in 2014, the company rebranded to Wise Telemetry in May 2017 and is based in Pittsburgh, Pennsylvania.
BlastPoint
Convertible Note in 2017
BlastPoint specializes in big data solutions that enable companies to enhance revenue growth by effectively discovering, targeting, and engaging with their customer data. The company offers a predictive AI-powered platform that addresses customer engagement challenges, allowing businesses to find and satisfy their customers throughout their lifetime. BlastPoint serves a diverse range of sectors, including energy, finance, automotive, and nonprofit organizations, helping them identify trends and extract valuable insights specific to their territories or market dynamics.
Hibersense
Convertible Note in 2017
Hibersense offers a smart HVAC control solution designed to enhance comfort and energy efficiency in homes and multi-family dwellings. Their patent-pending system features wireless sensors and battery-operated vents that monitor room conditions such as temperature, motion, light, humidity, and sound. By employing machine learning algorithms, Hibersense optimizes heating and cooling for each individual space, effectively reducing energy consumption by up to 40% by avoiding the conditioning of unoccupied areas. This innovative approach not only improves tenant comfort and satisfaction but also provides valuable insights into building thermal dynamics and usage patterns, potentially increasing profitability for multi-family operators.
Ariel Precision Medicine
Convertible Note in 2017
Ariel Precision Medicine is an integrated genomics and digital health company based in Pittsburgh, Pennsylvania, that focuses on providing precision medicine solutions for the diagnosis, monitoring, and treatment of complex chronic diseases. Founded in 2013, the company develops innovative clinical decision support tools designed to simplify personalized treatment, particularly through its flagship product, ArielDx. This cloud-based platform specifically aids in the diagnosis and management of pancreatic disease, enhancing the capabilities of healthcare providers in both emergency and clinical settings. Ariel Precision Medicine aims to improve patient outcomes by leveraging advanced technology and genomic insights in healthcare.
BlastPoint
Seed Round in 2017
BlastPoint specializes in big data solutions that enable companies to enhance revenue growth by effectively discovering, targeting, and engaging with their customer data. The company offers a predictive AI-powered platform that addresses customer engagement challenges, allowing businesses to find and satisfy their customers throughout their lifetime. BlastPoint serves a diverse range of sectors, including energy, finance, automotive, and nonprofit organizations, helping them identify trends and extract valuable insights specific to their territories or market dynamics.
Ikos
Seed Round in 2017
Ikos Holdings Co. operates an online platform that connects landlords and renters, streamlining the rental experience for both parties. Founded in 2017 and based in Pittsburgh, Pennsylvania, the company offers a flexible on-demand leasing service for investors while utilizing data analysis to guide client investments. By simplifying the rental process, Ikos helps landlords and renters make informed decisions, fostering transparency and adaptability in their interactions. The platform aims to enhance the way individuals engage with rental properties, ultimately benefiting the real estate market.
TravelWits
Seed Round in 2016
TravelWits LLC is an online platform based in Pittsburgh, Pennsylvania, that facilitates the search for multi-mode travel deals for both business and leisure travelers. Founded in 2013, the company aims to provide users with cost-effective and convenient travel options by utilizing artificial intelligence to create optimized door-to-door itineraries. This technology not only helps travelers find suitable accommodations and transportation within their budget but also assists companies in managing travel policies and incentivizing employees. The founding team consists of experts in real-time cost optimization and web development, bringing over 30 years of combined experience to the venture. TravelWits is advised by a seasoned professional from one of the largest travel management companies, enhancing its industry expertise.
Vigilant Technologies
Seed Round in 2016
VIT Initiative, Inc. is a health and safety company based in San Francisco, California, that develops a cloud-enabled Internet of Things (IoT) platform aimed at reducing operational risks and promoting employee health. Founded in 2015, the company focuses on utilizing smart technology to provide real-time coaching and collect data on leading indicators of workplace injuries. This approach helps businesses mitigate risks, enhance operational efficiency, and improve safety compliance, ultimately leading to reduced cycle times and lower injury-related costs. Additionally, VIT Initiative offers automated COVID-19 symptom tracking, further supporting workplace health initiatives. Their products are designed to identify patterns and behaviors that may lead to health problems, allowing for proactive intervention before complications arise.
Wise Telemetry
Seed Round in 2016
Wise Telemetry, LLC specializes in gas sensor systems designed for gas distributors to monitor real-time supply and usage data at customer locations. The company's technology automatically identifies and communicates essential information, such as a gas cylinder's size, fill level, and usage rate, without the need for user input or programming. This capability enhances delivery route planning, usage tracking, and demand forecasting, allowing clients to optimize their operations and reduce costs. Wise Telemetry's solutions are applicable across various sectors, including medical, manufacturing, energy, electronics, and construction. Originally founded as BreatheWise, LLC in 2014, the company rebranded to Wise Telemetry in May 2017 and is based in Pittsburgh, Pennsylvania.
TravelWits
Pre Seed Round in 2015
TravelWits LLC is an online platform based in Pittsburgh, Pennsylvania, that facilitates the search for multi-mode travel deals for both business and leisure travelers. Founded in 2013, the company aims to provide users with cost-effective and convenient travel options by utilizing artificial intelligence to create optimized door-to-door itineraries. This technology not only helps travelers find suitable accommodations and transportation within their budget but also assists companies in managing travel policies and incentivizing employees. The founding team consists of experts in real-time cost optimization and web development, bringing over 30 years of combined experience to the venture. TravelWits is advised by a seasoned professional from one of the largest travel management companies, enhancing its industry expertise.
Inteligistics
Convertible Note in 2015
Inteligistics specializes in cold chain and supply chain visibility solutions, focusing on the tracking and monitoring of perishable commodities. The company utilizes advanced technologies, including low-power, portable wireless sensors and passive radio frequency identification (RFID) tags. Its InteliView platform integrates cloud-based communication gateways, patented portable readers, and controllers to provide real-time insights. Through a comprehensive graphics dashboard and data analytics platform, Inteligistics delivers actionable information and alerts, allowing businesses to enhance their supply chain performance, productivity, and quality. The solutions aim to improve process efficiency, reduce energy consumption, increase product throughput, and optimize labor costs and inventory management.
KWantera
Venture Round in 2014
kWantera is a provider of a cloud-based energy intelligence platform known as Faraday, which transforms the way energy is bought, sold, and consumed. The platform utilizes advanced data science and predictive analytics to enhance decision-making in the energy market, enabling businesses to determine real-time prices for electricity and natural gas. Faraday offers actionable insights that help participants reduce energy costs, explore ancillary market opportunities, and improve revenue yields through data-driven recommendations. Founded in 2006, kWantera is 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 IT, Inc. is a software company based in Pittsburgh, Pennsylvania, specializing in operational performance optimization for the commercial transportation industry. Founded in 2003, Propel has developed RouteRisk, a mobile platform that addresses the rising concerns of accident rates and insurance costs within commercial fleets. RouteRisk tracks, scores, and predicts risks associated with commercial vehicle operations, aiming to reduce accidents by over 50%. The platform integrates cutting-edge technology, including turn-by-turn routing and in-cab safety alerts, alongside an extensive database of regulatory and inspection information. By leveraging big data, Propel enables fleet managers and drivers to enhance safety, improve fuel efficiency, and foster better alignment of incentives across the transportation and logistics sectors.
Inteligistics
Seed Round in 2014
Inteligistics specializes in cold chain and supply chain visibility solutions, focusing on the tracking and monitoring of perishable commodities. The company utilizes advanced technologies, including low-power, portable wireless sensors and passive radio frequency identification (RFID) tags. Its InteliView platform integrates cloud-based communication gateways, patented portable readers, and controllers to provide real-time insights. Through a comprehensive graphics dashboard and data analytics platform, Inteligistics delivers actionable information and alerts, allowing businesses to enhance their supply chain performance, productivity, and quality. The solutions aim to improve process efficiency, reduce energy consumption, increase product throughput, and optimize labor costs and inventory management.
Inteligistics
Seed Round in 2013
Inteligistics specializes in cold chain and supply chain visibility solutions, focusing on the tracking and monitoring of perishable commodities. The company utilizes advanced technologies, including low-power, portable wireless sensors and passive radio frequency identification (RFID) tags. Its InteliView platform integrates cloud-based communication gateways, patented portable readers, and controllers to provide real-time insights. Through a comprehensive graphics dashboard and data analytics platform, Inteligistics delivers actionable information and alerts, allowing businesses to enhance their supply chain performance, productivity, and quality. The solutions aim to improve process efficiency, reduce energy consumption, increase product throughput, and optimize labor costs and inventory management.
Propel
Seed Round in 2013
Propel IT, Inc. is a software company based in Pittsburgh, Pennsylvania, specializing in operational performance optimization for the commercial transportation industry. Founded in 2003, Propel has developed RouteRisk, a mobile platform that addresses the rising concerns of accident rates and insurance costs within commercial fleets. RouteRisk tracks, scores, and predicts risks associated with commercial vehicle operations, aiming to reduce accidents by over 50%. The platform integrates cutting-edge technology, including turn-by-turn routing and in-cab safety alerts, alongside an extensive database of regulatory and inspection information. By leveraging big data, Propel enables fleet managers and drivers to enhance safety, improve fuel efficiency, and foster better alignment of incentives across the transportation and logistics sectors.
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