Innovation Works, Inc.

Innovation Works, Inc.

Innovation Works, Inc.

Overview
Date Founded

1988

Headquarters

Two Allegheny Center,Suite 100,Pittsburgh, PA 15219-3109

Charitable Causes

Science & Technology Research

Employees (Worldwide)

34

Industries

Accounting & Financial Services
Private Equity & Venture Capital
Investment Services & Portfolio Management

Company Description

Innovation Works invests in seed and early-stage technology companies in the Southwestern Pennsylvania region. They look for companies with a strong market outlook, solid prospects for full scale commercialization and the likelihood to attract follow-on funding. Companies must be located in, or agree to relocate to, Southwestern Pennsylvania. They must also offer substantial potential for future growth through the development of an innovative technology, or innovative application of a technology, in industries such as computer software and hardware, communications, robotics, advanced manufacturing or biotechnology.

Contact Data
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Executives & Employees

President & Chief Executive Officer

Chief Investment Officer

Secretary & Controller

Managing Director of Life Sciences

Chief Operating Officer & Managing Director of Software & Alphalab

Managing Director of Hardware & Alphalab Gear

Digital Communications Coordinator

Director of Community Development & Communications

Director of Business Development

Board of Directors

Vice Provost for Research at Harvard University

Former Co-Founder, Chairman & Chief Executive Officer at Vocollect, Inc.

Founder at Foundation For Entrepreneurial Excellence

Chief Executive Officer, Founder at BlueTree Allied Angels

Head-Computer Science Department at University of Illinois

Senior Vice President/GM, Security Awareness Products Business Unit at Proofpoint, Inc.

Chief Executive Officer at Salsa Labs, Inc.

Member, Board of Directors at Innovation Works, Inc.

Member, Board of Directors at Innovation Works, Inc.

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Innovation Works, Inc.
Recent Transactions
Details Hidden

Duquesne Light Holdings, Inc., DQE Holdings LLC, GIC Special Investments Pte Ltd. purchase The Efficiency Network, Inc. from Adams Capital Management, Inc., Innovation Works, Inc.

Details Hidden

Tendril Networks, Inc., ENGIE New Ventures SA purchase Kalkedon LLC from Innovation Works, Inc.

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Milestone Partners Management Co. LP purchases RedZone Robotics, Inc. from ABS Capital Partners, Inc., Innovation Works, Inc., Smithfield Equity Associates LLC, Meidlinger Partners LLC, FourWinds Capital Management (US), Inc.

Advisors & Consultants
Legal Advisor

Buchanan, Ingersoll & Rooney PC provides legal services. The company provides its services in areas including commercial litigation, taxation, government relations, family law, labor and employment law, European law, and intellectual property. It was founded in 1850 and is headquartered in Pittsburgh, PA.

Legal Advisor

Founding Partner at TransAsia Lawyers

Key Stats and Financials As of 2018
Market Capitalization
Total Enterprise Value
Earnings Per Share
Revenue
$17.4M
Non-Profit Donations & Grants Received
Investments
Details Hidden

AKM Productions LLC operates as a holding company. The company is headquartered in Baton Rouge, LA.

Details Hidden

iraLogix, Inc. develops technology for individual retirement accounts solutions. Its software technology enables partners to accelerate growth and market share while reducing internal administration and servicing costs associated with accounts of all sizes. The company was founded by Luis Burgos and Joseph Hipsky and is headquartered in Pittsburgh, PA.

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Maven Machines, Inc. engages in the develop of mobile cloud technology for transportation safety, operations, and compliance. It offers fleet management solution that streamlines driver safety, real-time telematics & alerting, and automated compliance. The firm’s products include Maven Co-Pilot, Maven Co-Pilot SE, Maven VDA, Maven manager and Maven mobile app. The company was founded by Avishai Geller in 2014 and is headquartered in Pittsburgh, PA.

Suppliers
REPAL Construction Co., Inc. Engineering, Construction & Architecture | North Huntingdon, PA

REPAL Construction Co., Inc. provides construction services. Its projects includes construction to renovations, remodeling, restoration, and retrofitting, including worship facilities, educational institutions, medical buildings, recreational facilities, restaurants, retail structures, commercial structures, office buildings, industrial buildings, all types of housing, warehouses, and pre-engineered steel buildings. The company was founded in 1958 and is headquartered in North Huntingdon, PA.

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