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Innovation Works

Innovation Works

A government office and incubator in Pittsburgh that focuses on supporting and expanding the startup and entrepreneurial ecosystem within Southwestern Pennsylvania.

Innovation Works is a government office and incubator in Pittsburgh that focuses on supporting and expanding the startup and entrepreneurial ecosystem within Southwestern Pennsylvania. Founded 1999 in Pittsburgh, Pennsylvania, United States, it invests in early stage ventures, seed, convertible notes,series A, and series C rounds. As of February 2020, Innovation Works has made 347 investments. Their most recent investment was on November 13, 2019, when Conservation Labs raised $1.7M. Innovation Works has had 22 exits, the most notable of which include Nowait, ModCloth, and Wombat Security Technologies. Innovation Works has raised a single venture fund, Innovation Works Venture Capital Fund. This fund was announced on October 7, 2014 and raised a total of $24M.

Timeline

1999

Founded

Funded Companies

Company
Description
Website
Industry
Location

Cognition Therapeutics is a biotechnology and pharmaceutical company developing therapeutics for Alzheimer’s disease and other neurodegenerative disorders that is headquartered in Pittsburgh, Pennsylvania in 2007 by Gilbert Rishton and Susan Catalano.

NoWait is a company founded by Luke Panza, James Belt and Richard Colvin.

Strikingly is a company providing an online web platform for building mobile-optimized websites. It participated in the W13 cohort of Y Combinator.

ShowClix is a Pittsburgh-based company founded by Joshua Dziabiak.

ImpactGames is a gaming company.

Leiyoo is a gaming company.

BitArmor is a Pittsburgh-based company.

VistaTEK is a Minnesota-based company.

Fotofeedback is a Pittsburgh-based company.

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People

Name
Role
LinkedIn

Larry Miller

Executive in Residence

Susan Kijowski

Controller

Bob Starzynski

Director of Business Development

Cindy Franc

Assistant to the President and CEO

Gary Glausser

Chief Investment Officer

Nancy Lee Kiefer

Administrative Coordinator, Entrepreneurial Services

Rich Lunak

President and CEO

Terri Glueck

Director of Community Development and Communications

Further reading

Title
Author
Link
Type
Date
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Documentaries, videos and podcasts

Title
Date
Link
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Companies

Company
CEO
Location
Products/Services

Conservation Labs

Farm Jenny

Idelic

Lumis Corp

Make It Hapin

Module

Optikal Care

Plum

Retirement Atlas

Root Health

References