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.

Sophie Burkholder

Investment Associate

Gary Glausser

Chief Investment Officer

Steven Welles

Managing Director of Software

Past deals in Eastern US

Forest Devices

Seed Round in 2024
Forest Devices, Inc. is a medical device company based in Pittsburgh, Pennsylvania, with an additional office in Canada. Founded in 2014, the company focuses on developing innovative solutions for stroke detection. Its primary product, AlphaStroke, is a portable and non-invasive stroke screening device that assists medical personnel in identifying early signs of both ischemic and hemorrhagic strokes. This device is designed to be low-cost and durable, enabling pre-hospital providers to triage patients effectively and make timely decisions regarding their care. By improving the speed and accuracy of stroke detection, Forest Devices aims to reduce delays in critical treatment for patients experiencing strokes.

CapSen Robotics

Seed Round in 2024
CapSen Robotics, Inc., founded in 2016 and based in Pittsburgh, Pennsylvania, specializes in advanced 3D computer vision systems that allow computers to interpret and navigate cluttered environments. The company offers a range of solutions, including cluttered object detection, scanning for both large and small objects, and object tracking, catering to diverse applications in factory automation, vehicle scanning, and retail inventory management. Drawing on research from MIT, CapSen’s technology enhances the capabilities of robots and computer vision systems, which are increasingly being utilized in less structured settings such as warehouses, hospitals, and homes. The company is currently beta testing its software with various system integrators and robotics firms, focusing on robotic picking applications and partnering with a major government contractor for a warehouse project. Their innovative object detection software has already demonstrated its effectiveness in competitive environments, such as a recent robotic order fulfillment competition.

Gridwise

Venture Round in 2024
Gridwise, Inc. develops and operates a mobile application designed for rideshare and delivery drivers, enabling them to enhance their earnings and manage their business operations efficiently. Launched in 2016 and based in Pittsburgh, Pennsylvania, the Gridwise app offers a range of features, including real-time alerts on traffic, weather, and local events, as well as tools for tracking mileage and analyzing earnings. The application also helps users prepare detailed tax reports and calculate deductions, thereby facilitating better financial management. With its focus on providing demand insights and performance tracking, Gridwise serves hundreds of thousands of gig economy drivers across the United States, offering a comprehensive platform to support their unique business needs.

Plexision

Seed Round in 2024
Plexision develops cellular biomarkers for personalized diagnosis and drug development in solid organ transplantation, and immunological disorders. Plexision's first patented product, the PleximmuneTM assay, predicts the risk of transplant rejection. The test is based on patent-pending technology to measure antigen-specific white blood cells. Testing services for transplant recipients and drug developers are provided at Plexision’s CLIA-certified, central laboratory in Pittsburgh. Plexision currently offers cell-based testing for personalized assessment of rejection risk after solid organ transplantation The Pleximmune blood test is the first such test offered for children with liver or intestine transplantation.

Honeycomb Credit

Seed Round in 2024
Honeycomb Credit, Inc. is a company based in Pittsburgh, Pennsylvania, that operates a peer-to-peer lending platform designed to connect small businesses with investors. Founded in 2017, the platform enables business owners to seek loans from individual investors, including their customers and community members. By facilitating debt crowdfunding, Honeycomb Credit allows businesses to secure funding without relinquishing equity in their companies, thereby promoting growth and financial independence. The platform effectively bridges the gap between traditional crowdfunding and individual lending, providing a unique avenue for small businesses to access the capital they need to thrive.

Toyz Electronics

Seed Round in 2024
Toyz Electronics is a Pennsylvania-based company that specializes in technology-driven solutions for the education sector. The firm has developed a gamified learning platform aimed at empowering students to acquire STEAM (science, technology, engineering, art, and math) skills, alongside entrepreneurship and storytelling. By integrating hip-hop culture, music, gaming, and design elements, Toyz Electronics offers a project-based curriculum that is both culturally relevant and responsive. This innovative approach allows students to create their own superhero avatars and narratives while learning a diverse range of technical and soft skills, effectively transforming their ideas into reality.

PittMoss

Seed Round in 2024
PittMoss LLC specializes in the production of sustainable gardening products, primarily offering PittMoss, a peat-free potting mix made from organic additives and recycled paper fibers. Founded in 1994 and based in Ambridge, Pennsylvania, the company serves greenhouse and nursery growers as well as home gardeners across the United States. PittMoss is designed to provide an environmentally friendly alternative to traditional sphagnum peat moss, utilizing materials that would otherwise contribute to landfill waste. In addition to its primary product, PittMoss also offers PittMoss Prime, a versatile soil amendment that can be blended with compost, existing soil mixes, or native soil. Through its innovative approach to gardening solutions, PittMoss aims to make sustainable gardening more accessible and affordable for all users.

Workers First

Pre Seed Round in 2024
Workers First is a research and design company specialized in the creation of innovative materials for worker protection. The corporation was founded in 2016 and is based in Pittsburgh, Pennsylvania.

Subtl Beauty

Series A in 2023
Subtl Beauty, Inc. is a cosmetics brand based in Pittsburgh, Pennsylvania, specializing in the production of stackable makeup products that cater to modern, fast-paced lifestyles. Founded in 2018, the company focuses on providing women with flexible and customizable makeup solutions through innovative packaging that allows for easy portability and organization. Their products are compact enough to fit in a gym bag or purse, making them ideal for on-the-go use. Each makeup formula is crafted for efficiency and long-lasting wear, aligning with the values of conscious consumers by being clean, vegan, cruelty-free, paraben-free, and fragrance-free. Subtl Beauty sells its products online, aiming to enhance the daily makeup routines of its customers with a cohesive and convenient experience.

Exchangelodge

Seed Round in 2023
Exchangelodge LLC specializes in business process automation and data integration for private capital firms. Founded in 2015 and located in Pittsburgh, Pennsylvania, the company offers a platform that simplifies private capital data management and enhances team productivity. By providing a comprehensive playbook of critical workflows, enterprise data connectors, and high-quality reports, Exchangelodge enables clients to design and manage reporting from various source systems. The platform also allows users to record tasks, assign responsibilities, and monitor progress, thereby improving efficiency and mitigating data risks. With a focus on FinTech and RegTech, Exchangelodge streamlines data connectivity and automates manual processes, ensuring data accuracy and completeness to support informed decision-making in the private markets industry.

Phlux Technologies

Seed Round in 2023
Phlux Technologies, Inc. is a developer of advanced 3D sensor technology aimed at enhancing safety and efficiency in robotics and automation. Founded in 2020 and headquartered in Pittsburgh, Pennsylvania, the company focuses on creating programmable 3D sensors that enable robots to navigate safely and collaboratively in industrial environments. By replacing traditional physical barriers with digital safety zones, Phlux's innovative products utilize proprietary optical sensing technology, artificial intelligence, and computer vision. These sensors help protect workers from hazardous machinery and alert vehicles to obstacles, ultimately freeing up floor space, reducing setup times, and improving overall productivity. Phlux Technologies is dedicated to enabling the development of smarter robots and self-driving vehicles, contributing to safer industrial operations.

UpContent

Seed Round in 2023
UpContent, LLC is a technology company based in Pittsburgh, Pennsylvania, that specializes in content discovery solutions. Founded in 2015, it offers a software-as-a-service (SaaS) platform designed to enhance digital content curation for brands and improve audience engagement. The platform automates the process of discovering relevant news and blog articles, integrating with tools like Hootsuite and Buffer. Its features include the UpContent Gallery, which enables users to curate content, develop custom calls-to-action, and implement retargeting strategies to capture audience traffic. UpContent aims to simplify the search for quality content, empowering marketing, sales, and human resource teams to effectively share insights and foster meaningful conversations within their communities.

EKTO VR

Convertible Note in 2023
EKTO VR, Inc. is a company based in Pittsburgh, Pennsylvania, that specializes in the development of wearable robotic boots designed to facilitate movement in virtual reality environments. Founded in 2018, EKTO VR's flagship product, Traverse, features advanced technology that includes rotating plates and a set of wheels. This design allows users to walk naturally while remaining in a fixed location, thereby enhancing the realism of virtual experiences and training simulations. The innovative boots aim to reduce motion sickness, enabling users to engage fully in virtual reality games and experiences without physical discomfort. EKTO VR is focused on improving the quality of immersive experiences for users around the globe.

Circadiance

Convertible Note in 2023
Circadiance LLC specializes in the development, manufacture, and marketing of respiratory products aimed at individuals with sleep-disordered breathing and those requiring non-invasive ventilation. Based in Turtle Creek, Pennsylvania, the company offers a range of innovative solutions, including the SleepWeaver all-cloth positive airway pressure masks, which provide comfort during sleep, and the SmartMonitor 2, a portable apnea monitor designed for infants that tracks heart and respiration activity. Additionally, the SmartMonitor 2 Professional Series delivers detailed heart rate, respiration, and oxygen saturation data for healthcare professionals. Circadiance also produces NeoPAP, a treatment system for newborns with respiratory distress syndrome, and SmartTrace electrodes for neonatal and pediatric use. The company's products are distributed through durable medical equipment providers and online retailers in the United States, as well as a network of international distributors, catering to a wide range of patients from premature infants to the elderly. Founded in 2006, Circadiance is committed to enhancing patient care and outcomes in both acute and home care settings.

DisSolves

Convertible Note in 2023
DisSolves Inc. is a company that specializes in the development and manufacturing of dissolvable packaging materials aimed at the food industry. Founded in 2016 and based in Pittsburgh, Pennsylvania, the company produces edible packaging pods made from natural, plant-based ingredients. These pods are designed to hold single servings of drink mixes, such as protein powders and flavorings, providing a convenient and environmentally friendly alternative to traditional non-recyclable packaging. DisSolves prioritizes sustainability by utilizing renewable and sustainably sourced materials, including seaweed and polysaccharides, which not only reduce waste but also promote consumer well-being. Through its innovative approach, DisSolves aims to enhance the convenience of food packaging while contributing positively to environmental health.

Forest Devices

Seed Round in 2023
Forest Devices, Inc. is a medical device company based in Pittsburgh, Pennsylvania, with an additional office in Canada. Founded in 2014, the company focuses on developing innovative solutions for stroke detection. Its primary product, AlphaStroke, is a portable and non-invasive stroke screening device that assists medical personnel in identifying early signs of both ischemic and hemorrhagic strokes. This device is designed to be low-cost and durable, enabling pre-hospital providers to triage patients effectively and make timely decisions regarding their care. By improving the speed and accuracy of stroke detection, Forest Devices aims to reduce delays in critical treatment for patients experiencing strokes.

Make it Home Safe

Seed Round in 2023
Make it Home Safe is a mobile application designed to enhance safety and security during traffic stops for both motorists and law enforcement. Founded in 2017 and headquartered in Pittsburgh, Pennsylvania, the app facilitates real-time identification of motorists, aiming to reduce tensions and foster positive interactions between the public and police. By providing essential safety features, Make it Home Safe seeks to create a more secure environment on the road, ultimately promoting a sense of safety for all users involved in traffic encounters.

Optimus Technologies

Series A in 2023
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.

Honeycomb Credit

Venture Round in 2022
Honeycomb Credit, Inc. is a company based in Pittsburgh, Pennsylvania, that operates a peer-to-peer lending platform designed to connect small businesses with investors. Founded in 2017, the platform enables business owners to seek loans from individual investors, including their customers and community members. By facilitating debt crowdfunding, Honeycomb Credit allows businesses to secure funding without relinquishing equity in their companies, thereby promoting growth and financial independence. The platform effectively bridges the gap between traditional crowdfunding and individual lending, providing a unique avenue for small businesses to access the capital they need to thrive.

Setex Technologies

Seed Round in 2022
Setex Technologies is a spin out of Carnegie Mellon University, is the first commercial manufacturer of dry adhesive technology providing micro-fibrillar polymer based dry adhesives and surfaces for a wide range of product applications. Founded in 2009, the company operates in Pittsburgh, Pennsylvania.

PECA Labs

Seed Round in 2022
PECA Labs is a Carnegie Mellon and UPMC spin-off dedicated to bringing better medical devices to orphan populations, with an initial focus on the pediatric cardiovascular system. Our first product, the MASA Valve, is a novel synthetic heart valve for a rare pediatric cardiac reconstructive procedure. The MASA Valve has already received a Humanitarian Use Device (HUD) designation from the FDA, and 70 human implantations of the intra-operatively constructed version have shown improved freedom from re-operation compared to any currently available option. PECA Labs was founded in 2011 and is based in Pittsburgh, Pennsylvania.

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.

Optimus Technologies

Seed Round in 2022
Optimus Technologies is a clean energy technology company located in Pittsburgh, Pennsylvania, specializing in advanced fuel systems for medium and heavy-duty truck fleets. The company manufactures the Vector System, which allows diesel engines to operate solely on 100% biodiesel. This innovative technology facilitates a seamless transition to low-carbon fuels by integrating into existing engine operations without the need for significant modifications or replacements. By enabling fleet operators to run exclusively on biodiesel, Optimus helps reduce both fuel costs and emissions, addressing the challenges of achieving emissions reductions in heavy-duty applications while meeting renewable fuel targets.

DisSolves

Seed Round in 2022
DisSolves Inc. is a company that specializes in the development and manufacturing of dissolvable packaging materials aimed at the food industry. Founded in 2016 and based in Pittsburgh, Pennsylvania, the company produces edible packaging pods made from natural, plant-based ingredients. These pods are designed to hold single servings of drink mixes, such as protein powders and flavorings, providing a convenient and environmentally friendly alternative to traditional non-recyclable packaging. DisSolves prioritizes sustainability by utilizing renewable and sustainably sourced materials, including seaweed and polysaccharides, which not only reduce waste but also promote consumer well-being. Through its innovative approach, DisSolves aims to enhance the convenience of food packaging while contributing positively to environmental health.

Subtl Beauty

Seed Round in 2022
Subtl Beauty, Inc. is a cosmetics brand based in Pittsburgh, Pennsylvania, specializing in the production of stackable makeup products that cater to modern, fast-paced lifestyles. Founded in 2018, the company focuses on providing women with flexible and customizable makeup solutions through innovative packaging that allows for easy portability and organization. Their products are compact enough to fit in a gym bag or purse, making them ideal for on-the-go use. Each makeup formula is crafted for efficiency and long-lasting wear, aligning with the values of conscious consumers by being clean, vegan, cruelty-free, paraben-free, and fragrance-free. Subtl Beauty sells its products online, aiming to enhance the daily makeup routines of its customers with a cohesive and convenient experience.

Honeycomb Credit

Seed Round in 2022
Honeycomb Credit, Inc. is a company based in Pittsburgh, Pennsylvania, that operates a peer-to-peer lending platform designed to connect small businesses with investors. Founded in 2017, the platform enables business owners to seek loans from individual investors, including their customers and community members. By facilitating debt crowdfunding, Honeycomb Credit allows businesses to secure funding without relinquishing equity in their companies, thereby promoting growth and financial independence. The platform effectively bridges the gap between traditional crowdfunding and individual lending, providing a unique avenue for small businesses to access the capital they need to thrive.

Arieca

Series A in 2022
Arieca LLC, established in 2018 and based in Pittsburgh, Pennsylvania, specializes in the development and distribution of Thubber, a thermally conductive rubber composite. This innovative material merges the elasticity of soft silicone rubber with the thermal conductivity of metal, making it suitable for applications such as circuit wiring, sensors, and passive heat exchangers. Arieca's product addresses heat management challenges in various industries, enabling manufacturers to utilize an alternative rubber solution that enhances electronic performance while ensuring safe interaction with human users.

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.

TouchWood Labs

Seed Round in 2022
TouchWood Labs, Inc., founded in 2019 and based in Pittsburgh, Pennsylvania, specializes in the development of innovative technology for office and home furniture. The company creates a unique hardware platform that features proprietary invisible displays, which can be embedded beneath surfaces like wood or plastic. These displays activate when needed, providing interactive touch interfaces for users to control various IoT-connected devices. TouchWood Labs aims to enhance user experience by merging technology with mindful design, ultimately fostering healthier relationships with technology through its product offerings, which include work-from-home desks and coffee tables.

Civic Champs

Seed Round in 2022
Civic Champs, Inc. is a software development company that provides a mobile-based platform aimed at enhancing volunteer management for nonprofit organizations. Founded in 2019 and headquartered in Bloomington, Indiana, with an additional office in Pittsburgh, Pennsylvania, Civic Champs offers an application that allows nonprofits to digitally track volunteer hours and related information necessary for grant applications. The platform incorporates geofencing technology to facilitate automatic check-ins when a volunteer enters or exits a designated area. Additionally, it supports features such as time tracking, event scheduling, mentorship tracking, and donation acceptance. By automating these processes, Civic Champs helps organizations reduce manual data entry and improve volunteer engagement, ultimately allowing them to focus more on their missions. The application is accessible on both the App Store and Google Play.

Phlux Technologies

Seed Round in 2022
Phlux Technologies, Inc. is a developer of advanced 3D sensor technology aimed at enhancing safety and efficiency in robotics and automation. Founded in 2020 and headquartered in Pittsburgh, Pennsylvania, the company focuses on creating programmable 3D sensors that enable robots to navigate safely and collaboratively in industrial environments. By replacing traditional physical barriers with digital safety zones, Phlux's innovative products utilize proprietary optical sensing technology, artificial intelligence, and computer vision. These sensors help protect workers from hazardous machinery and alert vehicles to obstacles, ultimately freeing up floor space, reducing setup times, and improving overall productivity. Phlux Technologies is dedicated to enabling the development of smarter robots and self-driving vehicles, contributing to safer industrial operations.

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.

Creegh Pharmaceuticals

Seed Round in 2021
Creegh Pharmaceuticals specializes in the pharmaceutical preparation industry. It was founded in 2018 and headquartered in Pittsburgh, Pennsylvania.

ESTAT Actuation

Seed Round in 2021
ESTAT Actuation, founded in 2019 and based in Pittsburgh, Pennsylvania, specializes in the development of electroadhesive clutches aimed at enhancing the capabilities and affordability of robots and machines. The company's innovative products provide engineers with advanced actuation hardware that reduces both the size and cost of traditional actuators. By offering lightweight and low-power clutches, ESTAT Actuation enables clients to improve the performance and efficiency of their robotic systems and machinery.

CytoAgents

Seed Round in 2021
CytoAgents, Inc. is a biotechnology company based in Pittsburgh, Pennsylvania, established in 2018. The company specializes in developing protein-based drugs aimed at treating viral infections, particularly influenza, and addressing life-threatening symptoms associated with Cytokine Release Syndrome (CRS). CRS is an overreaction of the immune system that results in systemic inflammation, often referred to as a cytokine storm. One of its primary products, GP1681, acts as an agonist of a G-protein coupled receptor, targeting the immune response in various medical conditions. CytoAgents focuses on creating treatments for multiple indications with significant unmet medical needs, including those arising from oncology CAR-T cell therapy, COVID-19, and respiratory epidemics, thereby providing healthcare professionals with innovative tools to manage patients experiencing severe immune reactions.

TouchWood Labs

Seed Round in 2021
TouchWood Labs, Inc., founded in 2019 and based in Pittsburgh, Pennsylvania, specializes in the development of innovative technology for office and home furniture. The company creates a unique hardware platform that features proprietary invisible displays, which can be embedded beneath surfaces like wood or plastic. These displays activate when needed, providing interactive touch interfaces for users to control various IoT-connected devices. TouchWood Labs aims to enhance user experience by merging technology with mindful design, ultimately fostering healthier relationships with technology through its product offerings, which include work-from-home desks and coffee tables.

PECA Labs

Seed Round in 2021
PECA Labs is a Carnegie Mellon and UPMC spin-off dedicated to bringing better medical devices to orphan populations, with an initial focus on the pediatric cardiovascular system. Our first product, the MASA Valve, is a novel synthetic heart valve for a rare pediatric cardiac reconstructive procedure. The MASA Valve has already received a Humanitarian Use Device (HUD) designation from the FDA, and 70 human implantations of the intra-operatively constructed version have shown improved freedom from re-operation compared to any currently available option. PECA Labs was founded in 2011 and is based in Pittsburgh, Pennsylvania.

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.

Gridwise

Seed Round in 2021
Gridwise, Inc. develops and operates a mobile application designed for rideshare and delivery drivers, enabling them to enhance their earnings and manage their business operations efficiently. Launched in 2016 and based in Pittsburgh, Pennsylvania, the Gridwise app offers a range of features, including real-time alerts on traffic, weather, and local events, as well as tools for tracking mileage and analyzing earnings. The application also helps users prepare detailed tax reports and calculate deductions, thereby facilitating better financial management. With its focus on providing demand insights and performance tracking, Gridwise serves hundreds of thousands of gig economy drivers across the United States, offering a comprehensive platform to support their unique business needs.

Make it Home Safe

Seed Round in 2021
Make it Home Safe is a mobile application designed to enhance safety and security during traffic stops for both motorists and law enforcement. Founded in 2017 and headquartered in Pittsburgh, Pennsylvania, the app facilitates real-time identification of motorists, aiming to reduce tensions and foster positive interactions between the public and police. By providing essential safety features, Make it Home Safe seeks to create a more secure environment on the road, ultimately promoting a sense of safety for all users involved in traffic encounters.

Apollo Neuroscience

Seed Round in 2021
Apollo Neuroscience, Inc. is a company based in Pittsburgh, Pennsylvania, founded in 2016. It manufactures a wearable wellness device designed to assist the body in recovering from chronic stress through gentle vibrations. The company also develops a complementary application that leverages neuroscience and machine learning to enhance heart rate variability and support various wellness activities, including waking up, focusing, unwinding, and improving parasympathetic nervous system function. Apollo's products are sold online and are clinically validated, though they are not intended to treat psychiatric disorders or serve as a substitute for professional medical care.

Phlux Technologies

Seed Round in 2021
Phlux Technologies, Inc. is a developer of advanced 3D sensor technology aimed at enhancing safety and efficiency in robotics and automation. Founded in 2020 and headquartered in Pittsburgh, Pennsylvania, the company focuses on creating programmable 3D sensors that enable robots to navigate safely and collaboratively in industrial environments. By replacing traditional physical barriers with digital safety zones, Phlux's innovative products utilize proprietary optical sensing technology, artificial intelligence, and computer vision. These sensors help protect workers from hazardous machinery and alert vehicles to obstacles, ultimately freeing up floor space, reducing setup times, and improving overall productivity. Phlux Technologies is dedicated to enabling the development of smarter robots and self-driving vehicles, contributing to safer industrial operations.

Subtl Beauty

Seed Round in 2021
Subtl Beauty, Inc. is a cosmetics brand based in Pittsburgh, Pennsylvania, specializing in the production of stackable makeup products that cater to modern, fast-paced lifestyles. Founded in 2018, the company focuses on providing women with flexible and customizable makeup solutions through innovative packaging that allows for easy portability and organization. Their products are compact enough to fit in a gym bag or purse, making them ideal for on-the-go use. Each makeup formula is crafted for efficiency and long-lasting wear, aligning with the values of conscious consumers by being clean, vegan, cruelty-free, paraben-free, and fragrance-free. Subtl Beauty sells its products online, aiming to enhance the daily makeup routines of its customers with a cohesive and convenient experience.

Circadiance

Seed Round in 2021
Circadiance LLC specializes in the development, manufacture, and marketing of respiratory products aimed at individuals with sleep-disordered breathing and those requiring non-invasive ventilation. Based in Turtle Creek, Pennsylvania, the company offers a range of innovative solutions, including the SleepWeaver all-cloth positive airway pressure masks, which provide comfort during sleep, and the SmartMonitor 2, a portable apnea monitor designed for infants that tracks heart and respiration activity. Additionally, the SmartMonitor 2 Professional Series delivers detailed heart rate, respiration, and oxygen saturation data for healthcare professionals. Circadiance also produces NeoPAP, a treatment system for newborns with respiratory distress syndrome, and SmartTrace electrodes for neonatal and pediatric use. The company's products are distributed through durable medical equipment providers and online retailers in the United States, as well as a network of international distributors, catering to a wide range of patients from premature infants to the elderly. Founded in 2006, Circadiance is committed to enhancing patient care and outcomes in both acute and home care settings.

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.

Civic Champs

Seed Round in 2021
Civic Champs, Inc. is a software development company that provides a mobile-based platform aimed at enhancing volunteer management for nonprofit organizations. Founded in 2019 and headquartered in Bloomington, Indiana, with an additional office in Pittsburgh, Pennsylvania, Civic Champs offers an application that allows nonprofits to digitally track volunteer hours and related information necessary for grant applications. The platform incorporates geofencing technology to facilitate automatic check-ins when a volunteer enters or exits a designated area. Additionally, it supports features such as time tracking, event scheduling, mentorship tracking, and donation acceptance. By automating these processes, Civic Champs helps organizations reduce manual data entry and improve volunteer engagement, ultimately allowing them to focus more on their missions. The application is accessible on both the App Store and Google Play.

CytoAgents

Seed Round in 2021
CytoAgents, Inc. is a biotechnology company based in Pittsburgh, Pennsylvania, established in 2018. The company specializes in developing protein-based drugs aimed at treating viral infections, particularly influenza, and addressing life-threatening symptoms associated with Cytokine Release Syndrome (CRS). CRS is an overreaction of the immune system that results in systemic inflammation, often referred to as a cytokine storm. One of its primary products, GP1681, acts as an agonist of a G-protein coupled receptor, targeting the immune response in various medical conditions. CytoAgents focuses on creating treatments for multiple indications with significant unmet medical needs, including those arising from oncology CAR-T cell therapy, COVID-19, and respiratory epidemics, thereby providing healthcare professionals with innovative tools to manage patients experiencing severe immune reactions.

Encentiv Energy

Venture Round in 2021
Encentiv Energy LLC operates a platform designed to enhance participation in energy efficiency programs for utilities, energy efficiency vendors, finance companies, and non-residential customers. The company's flagship product, Encentivizer, is a national incentive management platform that connects clients with local electric utility rebates and funding solutions for new construction and renovation projects. It provides actionable data that empowers manufacturers, energy efficiency professionals, and utilities to engage business customers effectively and promote energy-saving decisions. In addition to incentive management, Encentiv Energy offers energy advisory services and project financing to support its clients in achieving sustainable energy solutions. Founded in 2009 and based in Pittsburgh, Pennsylvania, Encentiv Energy was previously known as AllFacilities Energy Group, LLC before rebranding in 2013.

Identified Technologies

Seed Round in 2020
Identified Technologies offers its industrial customers with a mapping drone solution to increase project visibility and team productivity. Its integrated software and services take care of everything from FAA compliance and flight planning to advanced analytics. It was founded in 2013 and headquartered in Pittsburgh, Pennsylvania.

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.

Rapid Flow Technologies

Seed Round in 2020
Rapid Flow Technologies spun out of Carnegie Mellon University with the goal of introducing new Intelligent Transportation Systems (ITS) technologies into the marketplace. Rapid Flow was created to commercialize the Surtrac adaptive traffic signal control technology developed in the Robotics Institute at Carnegie Mellon as part of the Traffic21 research initiative. The company’s founders include the original inventors of Surtrac, who have successfully expanded the initial pilot deployment of Surtrac in Pittsburgh to a network of 50 intersections over the past three years. Rapid Flow holds an exclusive license to the patented Surtrac technology from Carnegie Mellon University, and the University has a stake in the company. In addition to Surtrac, Rapid Flow is also engaged in the development of ubiquitous Bluetooth AVI sensor network technology for ITS performance modeling and other applications through a Small Business Innovation Research (SBIR) grant from the U.S. Department of Transportation.

CompleteBankData

Seed Round in 2020
CompleteBankData.com, developed by Red River Research, is a banking information platform that specializes in providing financial data on unlisted stocks. Based in Pittsburgh, Pennsylvania, the platform offers a comprehensive database that includes regulatory financials and analytics, enabling banks to uncover market opportunities. Its tools deliver strategic insights and lead generation capabilities, aimed at enhancing lending practices. Additionally, CompleteBankData provides proprietary investment research on private companies, equipping financial institutions with valuable market intelligence to support informed decision-making.

Women's Job Search Network

Seed Round in 2020
Women's Job Search Network, LLC is a job-search platform dedicated to empowering female job seekers. Established in 2018 and located in McMurray, Pennsylvania, the organization serves as a vital resource, providing women with the tools and support necessary to confidently navigate their job searches. By focusing on the unique challenges faced by women in the workforce, the network aims to help them take control of their career paths and achieve transformative results in their professional lives.

Nollapelli

Seed Round in 2020
Nollapelli develops textiles that give consumers a new way to care for their skin while they sleep. Allison Howard headquartered the company in Pittsburgh, Pennsylvania in 2016.

EKTO VR

Seed Round in 2020
EKTO VR, Inc. is a company based in Pittsburgh, Pennsylvania, that specializes in the development of wearable robotic boots designed to facilitate movement in virtual reality environments. Founded in 2018, EKTO VR's flagship product, Traverse, features advanced technology that includes rotating plates and a set of wheels. This design allows users to walk naturally while remaining in a fixed location, thereby enhancing the realism of virtual experiences and training simulations. The innovative boots aim to reduce motion sickness, enabling users to engage fully in virtual reality games and experiences without physical discomfort. EKTO VR is focused on improving the quality of immersive experiences for users around the globe.

Adrich

Venture Round in 2020
Adrich, Inc. is a company based in Pittsburgh, Pennsylvania, that specializes in electronic packaging hardware and customized software. Founded in 2016, Adrich provides a consumer insights platform that connects brands and retailers through detailed product usage data and analytics. The company's innovative smart packaging hardware, combined with its tailored software, facilitates autonomous data collection and transmission via product labels. This smart tracking system captures real-time information on usage patterns, including day, time, geolocation, and volumetric data, allowing brands and retailers to better understand consumer trends and behaviors. In doing so, Adrich aims to enhance customer engagement and retention strategies.

Leaders of Change

Seed Round in 2020
Leaders of Change is a benefit corporation that aims to develop sustainable social and economic business solutions. It makes their services accessible to organizations and businesses that typically do not have the access. The corporation assess wins, provide action steps, and develops a plan to facilitate and provide tangible objectives to get companies moving in the right direction. It was founded in Pittsburgh, Pennsylvania in 2019.

ARIN Technologies

Seed Round in 2020
ARIN Technologies, Inc. is a Pittsburgh-based startup founded in 2015 that specializes in high accuracy indoor positioning systems aimed at enhancing productivity and safety in indoor environments. The company develops a two-part product consisting of hardware, known as SpotRight™, and a software-as-a-service (SaaS) solution called SpotLight™. These systems enable businesses to accurately determine the location of tags within buildings, facilitating improved situational awareness and cost-effective asset tracking. By offering enhanced localization and alerting capabilities, ARIN Technologies empowers organizations to optimize their operations, increase efficiency, and create safer workspaces.

TouchWood Labs

Seed Round in 2020
TouchWood Labs, Inc., founded in 2019 and based in Pittsburgh, Pennsylvania, specializes in the development of innovative technology for office and home furniture. The company creates a unique hardware platform that features proprietary invisible displays, which can be embedded beneath surfaces like wood or plastic. These displays activate when needed, providing interactive touch interfaces for users to control various IoT-connected devices. TouchWood Labs aims to enhance user experience by merging technology with mindful design, ultimately fostering healthier relationships with technology through its product offerings, which include work-from-home desks and coffee tables.

Treatspace

Seed Round in 2020
Treatspace is a platform where they can post accurate, up-to-date, and verifiable facts about their practices. For patients, Treatspace is a site where they can find and follow trustworthy information about their doctors. It enables high-performance referral management, powers online patient engagement, and facilitates clinical collaboration. Treatspace changes the way primary care, specialty care, and hospital-based systems collaborate in closed-loop referral management and care coordination. The platform was founded in 2012 and is based in Pittsburgh, Pennsylvania, United States.

Subtl Beauty

Seed Round in 2020
Subtl Beauty, Inc. is a cosmetics brand based in Pittsburgh, Pennsylvania, specializing in the production of stackable makeup products that cater to modern, fast-paced lifestyles. Founded in 2018, the company focuses on providing women with flexible and customizable makeup solutions through innovative packaging that allows for easy portability and organization. Their products are compact enough to fit in a gym bag or purse, making them ideal for on-the-go use. Each makeup formula is crafted for efficiency and long-lasting wear, aligning with the values of conscious consumers by being clean, vegan, cruelty-free, paraben-free, and fragrance-free. Subtl Beauty sells its products online, aiming to enhance the daily makeup routines of its customers with a cohesive and convenient experience.

Toaster Party

Seed Round in 2020
Toaster Party is a developer of an animation studio platform used to create quality and engaging cartoons. Its platform allows users to pick from a variety of accessories and backgrounds to customize a character and environment for stories that enable users to create, experiment, collaborate, and share their creativity. It was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.

MedRespond

Seed Round in 2020
MedRespond LLC is a healthcare communication company based in Pittsburgh, Pennsylvania, that specializes in enhancing patient engagement through innovative technology. Founded in 2000, the company offers interactive video-based programming and a range of communication solutions tailored for pharmaceutical companies, managed care providers, disease organizations, and health educators. MedRespond's core offerings include the Answer Engine, which analyzes user inquiries and delivers relevant responses, and the Answer Analytics System, which provides insights into visitor demographics and behavior. By leveraging artificial intelligence and streaming media, MedRespond aims to make patient engagement more predictable, scalable, and cost-effective, thereby improving the overall healthcare experience. The company also maintains a strategic partnership with MMG to expand its service offerings.

Honeycomb Credit

Seed Round in 2020
Honeycomb Credit, Inc. is a company based in Pittsburgh, Pennsylvania, that operates a peer-to-peer lending platform designed to connect small businesses with investors. Founded in 2017, the platform enables business owners to seek loans from individual investors, including their customers and community members. By facilitating debt crowdfunding, Honeycomb Credit allows businesses to secure funding without relinquishing equity in their companies, thereby promoting growth and financial independence. The platform effectively bridges the gap between traditional crowdfunding and individual lending, providing a unique avenue for small businesses to access the capital they need to thrive.

Jetpack Workflow

Seed Round in 2020
Jetpack Workflow LLC is a cloud-based software provider focused on helping CPAs, bookkeepers, and accountants streamline their workflow and automate recurring client tasks. Founded in 2013 and headquartered in Pittsburgh, Pennsylvania, the company's flagship product, Jetpack Workflow, allows users to import client data, manage projects and tasks, set recurrence, and monitor staff progress. By facilitating the management of repetitive processes, Jetpack Workflow aims to enhance productivity and profitability for small to medium-sized accounting firms, enabling them to operate more efficiently and maintain a paperless office environment.

Arieca

Seed Round in 2020
Arieca LLC, established in 2018 and based in Pittsburgh, Pennsylvania, specializes in the development and distribution of Thubber, a thermally conductive rubber composite. This innovative material merges the elasticity of soft silicone rubber with the thermal conductivity of metal, making it suitable for applications such as circuit wiring, sensors, and passive heat exchangers. Arieca's product addresses heat management challenges in various industries, enabling manufacturers to utilize an alternative rubber solution that enhances electronic performance while ensuring safe interaction with human users.

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.

Forest Devices

Seed Round in 2020
Forest Devices, Inc. is a medical device company based in Pittsburgh, Pennsylvania, with an additional office in Canada. Founded in 2014, the company focuses on developing innovative solutions for stroke detection. Its primary product, AlphaStroke, is a portable and non-invasive stroke screening device that assists medical personnel in identifying early signs of both ischemic and hemorrhagic strokes. This device is designed to be low-cost and durable, enabling pre-hospital providers to triage patients effectively and make timely decisions regarding their care. By improving the speed and accuracy of stroke detection, Forest Devices aims to reduce delays in critical treatment for patients experiencing strokes.

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.

Forest Devices

Venture Round in 2020
Forest Devices, Inc. is a medical device company based in Pittsburgh, Pennsylvania, with an additional office in Canada. Founded in 2014, the company focuses on developing innovative solutions for stroke detection. Its primary product, AlphaStroke, is a portable and non-invasive stroke screening device that assists medical personnel in identifying early signs of both ischemic and hemorrhagic strokes. This device is designed to be low-cost and durable, enabling pre-hospital providers to triage patients effectively and make timely decisions regarding their care. By improving the speed and accuracy of stroke detection, Forest Devices aims to reduce delays in critical treatment for patients experiencing strokes.

Meter Feeder

Seed Round in 2020
Meter Feeder, Inc. is a company that offers affordable payment and enforcement solutions tailored for small to mid-sized governments. Founded in 2014 and based in Braddock, Pennsylvania, Meter Feeder has developed an application that allows users to locate and pay for parking through their mobile devices. This system integrates seamlessly with existing infrastructure, eliminating the need for new meters or kiosks, which encourages more users to opt for electronic payments. Additionally, Meter Feeder provides Meter Reader enforcement kits, which consist of a lightweight Android tablet and a Bluetooth printer, enabling parking enforcement officers to verify payments and issue citations when necessary. The company's goal is to enhance parking management efficiency while making the process more user-friendly for customers.

Carnegie Mellon University

Seed Round in 2020
Carnegie Mellon University is a private research institution renowned for its innovative programs in technology and the arts. It offers a wide array of undergraduate and graduate degrees across diverse disciplines, with a strong emphasis on computer science, information systems, and public policy. The university's Heinz College of Information Systems and Public Policy features highly regarded graduate degree and executive education programs, combining expertise in information systems with public policy management. Additionally, the School of Computer Science is recognized globally as a leading center for research and education in computer science. Through its interdisciplinary approach, Carnegie Mellon University serves various sectors, including education, technology, and the arts, fostering a collaborative environment that prepares students for future challenges.

Flexable

Seed Round in 2020
Flexable, LLC operates a platform that connects parents with caregivers, facilitating the search and booking of trusted individuals for childcare needs. Founded in 2016 and based in Pittsburgh, Pennsylvania, the platform allows parents to invite caregivers into a trusted network and check their availability for part-time, full-time, or event-specific childcare. Flexable focuses on enhancing trust and safety in the childcare sector by offering fully vetted Flexable Certified Caregivers™. The service is designed to support working parents, including remote workers, by providing on-demand childcare solutions for various settings such as offices and events. Since its inception, Flexable has experienced significant growth, rapidly expanding its user base and revenue.

CapSen Robotics

Seed Round in 2020
CapSen Robotics, Inc., founded in 2016 and based in Pittsburgh, Pennsylvania, specializes in advanced 3D computer vision systems that allow computers to interpret and navigate cluttered environments. The company offers a range of solutions, including cluttered object detection, scanning for both large and small objects, and object tracking, catering to diverse applications in factory automation, vehicle scanning, and retail inventory management. Drawing on research from MIT, CapSen’s technology enhances the capabilities of robots and computer vision systems, which are increasingly being utilized in less structured settings such as warehouses, hospitals, and homes. The company is currently beta testing its software with various system integrators and robotics firms, focusing on robotic picking applications and partnering with a major government contractor for a warehouse project. Their innovative object detection software has already demonstrated its effectiveness in competitive environments, such as a recent robotic order fulfillment competition.

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.

Creegh Pharmaceuticals

Seed Round in 2020
Creegh Pharmaceuticals specializes in the pharmaceutical preparation industry. It was founded in 2018 and headquartered in Pittsburgh, Pennsylvania.

Cassian Solutions

Seed Round in 2020
Cassian Solutions, Inc. is a company that develops innovative medication management solutions, including a phone case medication dispenser and a comprehensive application designed to enhance patient compliance. Founded in 2018 and based in Phoenixville, Pennsylvania, the company targets pharmacies, clinical trial organizations, drug manufacturers, and insurers. Its platform addresses critical issues in patient monitoring and data reporting within the specialty medication market, clinical trials, and healthcare systems, aiming to improve health outcomes and reduce healthcare costs. By leveraging the widespread use of smartphones, Cassian Solutions focuses on creating personalized patient journeys that enhance engagement and facilitate real-time communication among all stakeholders involved in medication management.

Retirement Atlas

Seed Round in 2020
Retirement Atlas is a platform for connecting people with the senior living community that is right for them. They are leveraging extensive data sets from Medicare about quality of care in skilled nursing, from the department of health about assisted living inspections and licenses, and from the department of insurance about financial stability. They are also doing the leg work to collect cost and amenity information from essentially every senior living community in Pennsylvania.

Forest Devices

Seed Round in 2020
Forest Devices, Inc. is a medical device company based in Pittsburgh, Pennsylvania, with an additional office in Canada. Founded in 2014, the company focuses on developing innovative solutions for stroke detection. Its primary product, AlphaStroke, is a portable and non-invasive stroke screening device that assists medical personnel in identifying early signs of both ischemic and hemorrhagic strokes. This device is designed to be low-cost and durable, enabling pre-hospital providers to triage patients effectively and make timely decisions regarding their care. By improving the speed and accuracy of stroke detection, Forest Devices aims to reduce delays in critical treatment for patients experiencing strokes.

Rapid TPC

Seed Round in 2020
Rapid TPC, LLC, established in 2013 and based in Pittsburgh, Pennsylvania, specializes in developing automated platform technology for the manufacturing of lightweight, high-strength plastic composite parts. The company focuses on thermoplastic composites, utilizing advanced automation techniques to produce components reinforced with materials such as carbon fiber, fiberglass, aramids, and organic fibers. This innovative production process addresses bottlenecks in manufacturing, allowing clients to scale their sales volumes effectively without the constraints of production limitations. Rapid TPC's services encompass manufacturing, forming, and prototyping, catering to a diverse range of industries seeking efficient and high-performance composite solutions.

nanoGriptech

Venture Round in 2020
nanoGriptech, Inc. specializes in manufacturing micro-fibrillar polymer-based dry adhesives and surfaces, drawing inspiration from the natural adhesion mechanism of gecko feet. Founded in 2012 and headquartered in Pittsburgh, Pennsylvania, the company offers a range of products, including the Setex Gecko Tape, which is a repeatable, residue-free, non-tacky tape, and the Setex Ultra-Thin Fastener, designed for seamless integration with smooth surfaces. Its innovative adhesive solutions are tailored for diverse applications such as wearables, sports gear, semiconductors, robotics, medical devices, automotive components, and packaging. nanoGriptech aims to provide a superior alternative to traditional reusable adhesives, focusing on durability and customization. The company has established partnerships with multinational corporations and has recently begun small volume sales in the high-friction clothing market.

Gridwise

Seed Round in 2020
Gridwise, Inc. develops and operates a mobile application designed for rideshare and delivery drivers, enabling them to enhance their earnings and manage their business operations efficiently. Launched in 2016 and based in Pittsburgh, Pennsylvania, the Gridwise app offers a range of features, including real-time alerts on traffic, weather, and local events, as well as tools for tracking mileage and analyzing earnings. The application also helps users prepare detailed tax reports and calculate deductions, thereby facilitating better financial management. With its focus on providing demand insights and performance tracking, Gridwise serves hundreds of thousands of gig economy drivers across the United States, offering a comprehensive platform to support their unique business needs.

PittMoss

Seed Round in 2020
PittMoss LLC specializes in the production of sustainable gardening products, primarily offering PittMoss, a peat-free potting mix made from organic additives and recycled paper fibers. Founded in 1994 and based in Ambridge, Pennsylvania, the company serves greenhouse and nursery growers as well as home gardeners across the United States. PittMoss is designed to provide an environmentally friendly alternative to traditional sphagnum peat moss, utilizing materials that would otherwise contribute to landfill waste. In addition to its primary product, PittMoss also offers PittMoss Prime, a versatile soil amendment that can be blended with compost, existing soil mixes, or native soil. Through its innovative approach to gardening solutions, PittMoss aims to make sustainable gardening more accessible and affordable for all users.

Coeo Space

Seed Round in 2020
Coeo Space, LLC offers move-in ready workspaces tailored for a diverse clientele, including entrepreneurs, freelancers, startups, artists, small businesses, and corporate divisions. Founded in 2019 and headquartered in Warrendale, Pennsylvania, the company provides a range of options such as co-working spaces, sublease spaces, and landlord specifications. Coeo Space utilizes advanced data technology and algorithms to efficiently match users with suitable workspaces based on factors like team size, budget, and desired amenities. The platform features listings, search capabilities, scheduling, verification, reviews, and live chat support, enhancing the user experience. Operating in over 188 markets across the United States, Coeo Space is also a participant in the National Association of Realtors' inaugural REach Commercial Accelerator Program.

Honeycomb Credit

Seed Round in 2019
Honeycomb Credit, Inc. is a company based in Pittsburgh, Pennsylvania, that operates a peer-to-peer lending platform designed to connect small businesses with investors. Founded in 2017, the platform enables business owners to seek loans from individual investors, including their customers and community members. By facilitating debt crowdfunding, Honeycomb Credit allows businesses to secure funding without relinquishing equity in their companies, thereby promoting growth and financial independence. The platform effectively bridges the gap between traditional crowdfunding and individual lending, providing a unique avenue for small businesses to access the capital they need to thrive.

Arieca

Seed Round in 2019
Arieca LLC, established in 2018 and based in Pittsburgh, Pennsylvania, specializes in the development and distribution of Thubber, a thermally conductive rubber composite. This innovative material merges the elasticity of soft silicone rubber with the thermal conductivity of metal, making it suitable for applications such as circuit wiring, sensors, and passive heat exchangers. Arieca's product addresses heat management challenges in various industries, enabling manufacturers to utilize an alternative rubber solution that enhances electronic performance while ensuring safe interaction with human users.

PittMoss

Seed Round in 2019
PittMoss LLC specializes in the production of sustainable gardening products, primarily offering PittMoss, a peat-free potting mix made from organic additives and recycled paper fibers. Founded in 1994 and based in Ambridge, Pennsylvania, the company serves greenhouse and nursery growers as well as home gardeners across the United States. PittMoss is designed to provide an environmentally friendly alternative to traditional sphagnum peat moss, utilizing materials that would otherwise contribute to landfill waste. In addition to its primary product, PittMoss also offers PittMoss Prime, a versatile soil amendment that can be blended with compost, existing soil mixes, or native soil. Through its innovative approach to gardening solutions, PittMoss aims to make sustainable gardening more accessible and affordable for all users.

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.

Retirement Atlas

Seed Round in 2019
Retirement Atlas is a platform for connecting people with the senior living community that is right for them. They are leveraging extensive data sets from Medicare about quality of care in skilled nursing, from the department of health about assisted living inspections and licenses, and from the department of insurance about financial stability. They are also doing the leg work to collect cost and amenity information from essentially every senior living community in Pennsylvania.

Circadiance

Seed Round in 2019
Circadiance LLC specializes in the development, manufacture, and marketing of respiratory products aimed at individuals with sleep-disordered breathing and those requiring non-invasive ventilation. Based in Turtle Creek, Pennsylvania, the company offers a range of innovative solutions, including the SleepWeaver all-cloth positive airway pressure masks, which provide comfort during sleep, and the SmartMonitor 2, a portable apnea monitor designed for infants that tracks heart and respiration activity. Additionally, the SmartMonitor 2 Professional Series delivers detailed heart rate, respiration, and oxygen saturation data for healthcare professionals. Circadiance also produces NeoPAP, a treatment system for newborns with respiratory distress syndrome, and SmartTrace electrodes for neonatal and pediatric use. The company's products are distributed through durable medical equipment providers and online retailers in the United States, as well as a network of international distributors, catering to a wide range of patients from premature infants to the elderly. Founded in 2006, Circadiance is committed to enhancing patient care and outcomes in both acute and home care settings.

PittMoss

Series B in 2019
PittMoss LLC specializes in the production of sustainable gardening products, primarily offering PittMoss, a peat-free potting mix made from organic additives and recycled paper fibers. Founded in 1994 and based in Ambridge, Pennsylvania, the company serves greenhouse and nursery growers as well as home gardeners across the United States. PittMoss is designed to provide an environmentally friendly alternative to traditional sphagnum peat moss, utilizing materials that would otherwise contribute to landfill waste. In addition to its primary product, PittMoss also offers PittMoss Prime, a versatile soil amendment that can be blended with compost, existing soil mixes, or native soil. Through its innovative approach to gardening solutions, PittMoss aims to make sustainable gardening more accessible and affordable for all users.

Apollo Neuroscience

Seed Round in 2019
Apollo Neuroscience, Inc. is a company based in Pittsburgh, Pennsylvania, founded in 2016. It manufactures a wearable wellness device designed to assist the body in recovering from chronic stress through gentle vibrations. The company also develops a complementary application that leverages neuroscience and machine learning to enhance heart rate variability and support various wellness activities, including waking up, focusing, unwinding, and improving parasympathetic nervous system function. Apollo's products are sold online and are clinically validated, though they are not intended to treat psychiatric disorders or serve as a substitute for professional medical care.

ESTAT Actuation

Seed Round in 2019
ESTAT Actuation, founded in 2019 and based in Pittsburgh, Pennsylvania, specializes in the development of electroadhesive clutches aimed at enhancing the capabilities and affordability of robots and machines. The company's innovative products provide engineers with advanced actuation hardware that reduces both the size and cost of traditional actuators. By offering lightweight and low-power clutches, ESTAT Actuation enables clients to improve the performance and efficiency of their robotic systems and machinery.

Peptilogics

Venture Round in 2019
Peptilogics, Inc. is a biotechnology company based in West Mifflin, Pennsylvania, that focuses on developing novel peptide therapeutics to combat multidrug-resistant bacterial infections. Established in 2013, Peptilogics employs a unique computational platform that facilitates drug discovery by exploring new chemical design spaces and ensuring the biological viability and manufacturability of potential therapeutics. The company's lead candidate, PLG0206, is a broad-spectrum anti-infective peptide that has received FDA Orphan Drug Designation and Qualified Infectious Disease Product Designation, targeting prosthetic joint infections, which represent a significant unmet medical need. Peptilogics aims to provide effective solutions to address the challenges posed by resistant bacteria and biofilms, ultimately improving treatment outcomes for patients.

Qlicket

Seed Round in 2019
Qlicket is an AI SaaS platform that specializes in talent retention. It helps enterprises reduce employee turnover through continuous employee insights. Qlicket’s kiosk feedback system bridges the communication gap between high turnover workers and company executives. The company was founded in 2018 and is headquartered in Pittsburgh, Pennsylvania.

CompleteBankData

Seed Round in 2019
CompleteBankData.com, developed by Red River Research, is a banking information platform that specializes in providing financial data on unlisted stocks. Based in Pittsburgh, Pennsylvania, the platform offers a comprehensive database that includes regulatory financials and analytics, enabling banks to uncover market opportunities. Its tools deliver strategic insights and lead generation capabilities, aimed at enhancing lending practices. Additionally, CompleteBankData provides proprietary investment research on private companies, equipping financial institutions with valuable market intelligence to support informed decision-making.

DisSolves

Seed Round in 2019
DisSolves Inc. is a company that specializes in the development and manufacturing of dissolvable packaging materials aimed at the food industry. Founded in 2016 and based in Pittsburgh, Pennsylvania, the company produces edible packaging pods made from natural, plant-based ingredients. These pods are designed to hold single servings of drink mixes, such as protein powders and flavorings, providing a convenient and environmentally friendly alternative to traditional non-recyclable packaging. DisSolves prioritizes sustainability by utilizing renewable and sustainably sourced materials, including seaweed and polysaccharides, which not only reduce waste but also promote consumer well-being. Through its innovative approach, DisSolves aims to enhance the convenience of food packaging while contributing positively to environmental health.

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.

C.C. Busy

Convertible Note in 2019
C.C. Busy, Inc. is a software and training company based in Pittsburgh, Pennsylvania, that focuses on automating documentation for home-based child care providers in the state. Incorporated in 2018, the company leverages voice assistants to help childcare providers log daily activities for each child, making this information accessible to parents and regulatory bodies. By streamlining paperwork and automating processes such as invoicing, C.C. Busy aims to reduce the administrative burden on childcare providers, allowing them to concentrate on the care and development of children. This approach not only enhances compliance with increasing regulations but also improves communication between providers and parents, ultimately facilitating better childcare services.

EKTO VR

Pre Seed Round in 2019
EKTO VR, Inc. is a company based in Pittsburgh, Pennsylvania, that specializes in the development of wearable robotic boots designed to facilitate movement in virtual reality environments. Founded in 2018, EKTO VR's flagship product, Traverse, features advanced technology that includes rotating plates and a set of wheels. This design allows users to walk naturally while remaining in a fixed location, thereby enhancing the realism of virtual experiences and training simulations. The innovative boots aim to reduce motion sickness, enabling users to engage fully in virtual reality games and experiences without physical discomfort. EKTO VR is focused on improving the quality of immersive experiences for users around the globe.
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