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 Assisted Living

ForSight Assistive Devices

Pre Seed Round in 2024
ForSight Assistive Devices is an Health Tech firm offering sensory system for effective mobility of disabled people.

Connect Wolf

Seed Round in 2020
Giving moms the connection they desire and the peace of mind the need. Answering "Where is he and is he okay?"​ Your baby. Your grandmother. Your patient. Your peace of mind. Our modular wearable delivers location and heart rate information without requiring another device to connect through Bluetooth or WiFi. Outer comfort design customized through market guidance for each purpose. -IOMT Healthcare device for your organization's system -Feel connected with your baby and check on her whenever you want from wherever you are -Monitor the residents in your senior center or patients on your floor -Give parents the option to rent family trackers at your amusement park, zoo, or arena

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.

AbiliLife

Seed Round in 2020
AbiliLife is a company dedicated to designing and developing products to improve the quality of life for patients with Parkinson's and other neurodegenerative diseases.

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.

Atimize

Seed Round in 2019
Atimize specializes in developing assistive technology solutions aimed at empowering individuals with disabilities. The company focuses on engineering innovative products, including wheelchairs and scooters powered by compressed air. These devices are designed to be lightweight, environmentally friendly, and cost-effective, offering advantages over traditional electric-powered mobility aids. Atimize's technology enhances the ability of healthcare professionals to support their patients, making it easier for people with disabilities to engage in activities that may have previously seemed impossible.

AbiliLife

Seed Round in 2018
AbiliLife is a company dedicated to designing and developing products to improve the quality of life for patients with Parkinson's and other neurodegenerative diseases.

AbiliLife

Convertible Note in 2016
AbiliLife is a company dedicated to designing and developing products to improve the quality of life for patients with Parkinson's and other neurodegenerative diseases.

NewCare Solutions

Venture Round in 2014
The SilentAlert Resident Attendant System is a product of NewCare Solutions, LLC. Located in the Pittsburgh metropolitan area, NewCare Solutions is a spinoff of medSage Technologies, LLC and was created when its founder, William Kaigler, was unable to find an effective and affordable solution to help his 85-year old mother live independently in her home. The SilentAlert Resident Attendant System became a reality after his mother was hospitalized and her sleep was continuously disrupted by an audible bed alarm for another patient.

NewCare Solutions

Series A in 2013
The SilentAlert Resident Attendant System is a product of NewCare Solutions, LLC. Located in the Pittsburgh metropolitan area, NewCare Solutions is a spinoff of medSage Technologies, LLC and was created when its founder, William Kaigler, was unable to find an effective and affordable solution to help his 85-year old mother live independently in her home. The SilentAlert Resident Attendant System became a reality after his mother was hospitalized and her sleep was continuously disrupted by an audible bed alarm for another patient.

NewCare Solutions

Seed Round in 2011
The SilentAlert Resident Attendant System is a product of NewCare Solutions, LLC. Located in the Pittsburgh metropolitan area, NewCare Solutions is a spinoff of medSage Technologies, LLC and was created when its founder, William Kaigler, was unable to find an effective and affordable solution to help his 85-year old mother live independently in her home. The SilentAlert Resident Attendant System became a reality after his mother was hospitalized and her sleep was continuously disrupted by an audible bed alarm for another patient.
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