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.

Sophie Burkholder

Investment Associate

Jeffrey McDaniel

Investor

Ven Raju

Investor

Megan Shaw

Managing Director, Life Sciences

Aaron Tainter

Investor

Past deals in Transport and logistics

iTruckr

Pre Seed Round in 2024
iTruckr is a technology company specializing in AI-powered communication and logistics solutions for the trucking industry. It offers a cross-platform solution that automates messaging and real-time tracking, connecting dispatchers, drivers, brokers, and warehouses via SMS, WhatsApp, email, and phone calls. Designed for mid-sized fleets, iTruckr eliminates the need for additional apps or complex onboarding, ensuring seamless communication and reducing operational delays. By automating core processes, it optimizes operations, reduces human errors, and enhances profitability, allowing trucking companies to scale without hiring additional staff. The platform provides 24/7 messaging and automation, leading to faster response times, improved driver satisfaction, and fewer delivery delays.

Phlux Technologies

Seed Round in 2023
Founded in 2020, Phlux Technologies specializes in developing innovative 3D sensor technology for robotics and automation. Its products enhance safety and efficiency by enabling robots to navigate effectively, protecting workers from hazards, and detecting obstacles.

InceptEV

Seed Round in 2023
InceptEV is a technology company specializing in electric vehicle (EV) data solutions for fleet operations. It leverages proprietary data and patented technology to simulate and optimize fleet performance, enabling businesses to make informed decisions about EV adoption and plan for their operational needs.

Phlux Technologies

Seed Round in 2022
Founded in 2020, Phlux Technologies specializes in developing innovative 3D sensor technology for robotics and automation. Its products enhance safety and efficiency by enabling robots to navigate effectively, protecting workers from hazards, and detecting obstacles.

Phlux Technologies

Seed Round in 2021
Founded in 2020, Phlux Technologies specializes in developing innovative 3D sensor technology for robotics and automation. Its products enhance safety and efficiency by enabling robots to navigate effectively, protecting workers from hazards, and detecting obstacles.

Wise Telemetry

Seed Round in 2020
Wise Telemetry, LLC is a provider of gas sensor systems designed for gas distributors to monitor real-time supply and usage data at customer sites. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, the company offers a solution that automatically determines and communicates a gas cylinder's size, fill level, and usage rate without requiring user input or special programming. This capability enhances delivery route planning, usage tracking, and future demand predictions, allowing clients to optimize their operations and achieve cost savings. Wise Telemetry's technology is applicable across various sectors, including medical, manufacturing, energy, and construction. Originally known as BreatheWise, LLC, the company rebranded in May 2017 to reflect its focus on telemetry solutions.

RPM Industries

Venture Round in 2019
RPM Industries is a manufacturer specializing in engine pre-lube and oil evacuation products and systems. The company provides a diverse range of offerings, including oil filter purge tools, quick evac service tools, barrel refill kits, and lube truck conversion kits. In addition to these products, RPM Industries also offers fleet maintenance software designed to automate routine maintenance for heavy equipment, thereby enhancing efficiency and reducing costs for owners and dealers. The company serves various sectors, including construction, mining, waste management, trucking, coach and bus transportation, marine, aggregate, and power generation applications. Through its innovative solutions, RPM Industries aims to support its clients in managing their operational needs effectively.

Maven Machines

Seed Round in 2019
Maven Machines, Inc. is a technology company that specializes in developing innovative solutions for the trucking, transportation, and logistics industries. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, with additional offices in California and Texas, the company creates Bluetooth headsets designed specifically for truck drivers. These headsets utilize a range of sensors to monitor the driver's condition, environment, and location, detecting signs of fatigue or distraction to help prevent accidents. Furthermore, Maven Machines offers a comprehensive mobile cloud platform that integrates telematics, dispatching, and driver safety features, enabling real-time tracking of drivers and assets. This platform leverages IoT sensors, artificial intelligence, and wireless communications to enhance fleet management, streamline compliance, and support intelligent decision-making, ultimately aiming to improve efficiency and safety within the industry.

Wise Telemetry

Seed Round in 2018
Wise Telemetry, LLC is a provider of gas sensor systems designed for gas distributors to monitor real-time supply and usage data at customer sites. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, the company offers a solution that automatically determines and communicates a gas cylinder's size, fill level, and usage rate without requiring user input or special programming. This capability enhances delivery route planning, usage tracking, and future demand predictions, allowing clients to optimize their operations and achieve cost savings. Wise Telemetry's technology is applicable across various sectors, including medical, manufacturing, energy, and construction. Originally known as BreatheWise, LLC, the company rebranded in May 2017 to reflect its focus on telemetry solutions.

Maven Machines

Seed Round in 2018
Maven Machines, Inc. is a technology company that specializes in developing innovative solutions for the trucking, transportation, and logistics industries. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, with additional offices in California and Texas, the company creates Bluetooth headsets designed specifically for truck drivers. These headsets utilize a range of sensors to monitor the driver's condition, environment, and location, detecting signs of fatigue or distraction to help prevent accidents. Furthermore, Maven Machines offers a comprehensive mobile cloud platform that integrates telematics, dispatching, and driver safety features, enabling real-time tracking of drivers and assets. This platform leverages IoT sensors, artificial intelligence, and wireless communications to enhance fleet management, streamline compliance, and support intelligent decision-making, ultimately aiming to improve efficiency and safety within the industry.

Wise Telemetry

Convertible Note in 2017
Wise Telemetry, LLC is a provider of gas sensor systems designed for gas distributors to monitor real-time supply and usage data at customer sites. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, the company offers a solution that automatically determines and communicates a gas cylinder's size, fill level, and usage rate without requiring user input or special programming. This capability enhances delivery route planning, usage tracking, and future demand predictions, allowing clients to optimize their operations and achieve cost savings. Wise Telemetry's technology is applicable across various sectors, including medical, manufacturing, energy, and construction. Originally known as BreatheWise, LLC, the company rebranded in May 2017 to reflect its focus on telemetry solutions.

Wise Telemetry

Seed Round in 2016
Wise Telemetry, LLC is a provider of gas sensor systems designed for gas distributors to monitor real-time supply and usage data at customer sites. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, the company offers a solution that automatically determines and communicates a gas cylinder's size, fill level, and usage rate without requiring user input or special programming. This capability enhances delivery route planning, usage tracking, and future demand predictions, allowing clients to optimize their operations and achieve cost savings. Wise Telemetry's technology is applicable across various sectors, including medical, manufacturing, energy, and construction. Originally known as BreatheWise, LLC, the company rebranded in May 2017 to reflect its focus on telemetry solutions.

Maven Machines

Seed Round in 2015
Maven Machines, Inc. is a technology company that specializes in developing innovative solutions for the trucking, transportation, and logistics industries. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, with additional offices in California and Texas, the company creates Bluetooth headsets designed specifically for truck drivers. These headsets utilize a range of sensors to monitor the driver's condition, environment, and location, detecting signs of fatigue or distraction to help prevent accidents. Furthermore, Maven Machines offers a comprehensive mobile cloud platform that integrates telematics, dispatching, and driver safety features, enabling real-time tracking of drivers and assets. This platform leverages IoT sensors, artificial intelligence, and wireless communications to enhance fleet management, streamline compliance, and support intelligent decision-making, ultimately aiming to improve efficiency and safety within the industry.

FreshTemp

Convertible Note in 2015
FreshTemp, LLC is a company based in Pittsburgh, Pennsylvania, specializing in temperature monitoring and alert systems for various sectors, including food service, transportation, healthcare, and industrial applications. The company provides a range of wireless temperature monitoring solutions, including Bluetooth food probes and data loggers, designed to automate the collection of temperature data during the production, transportation, and storage of temperature-sensitive products. FreshTemp's systems enable users to manage critical temperature measurements and adhere to food safety standards by accessing hazard analysis and critical control points. Additionally, the company offers a cloud-based monitoring and alert application that allows users to set temperature alerts for their sensors, ensuring compliance with food safety requirements. FreshTemp also operates an online store to further serve its customers. As of November 2016, FreshTemp operates as a subsidiary of Digi International Inc.
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