Innovation Works

Innovation Works is a venture capital firm based in Pittsburgh, Pennsylvania, established in 1999. With over 20 years of experience, it has become a key player in Southwestern Pennsylvania's technology economy, focusing on investing in high-potential companies that can significantly impact the regional economy. As the largest investor in seed-stage companies in the region, Innovation Works supports a diverse range of sectors, including robotics, artificial intelligence, medical devices, retail technologies, and enterprise software. In addition to financial investment, the firm offers business expertise and resources to help manufacturers adopt new technologies, further fostering innovation and growth within the local economy.

Sophie Burkholder

Investment Associate

Kevin Dowling

Managing Director of Robotics Factory and Hardware

Peter Erin

Senior Investment Associate

Rich Luak

CEO

Jeffrey McDaniel

Investor

Megan Kahn Shaw

Managing Director, Life Sciences

Past deals in Image Recognition

Sterile Vision

Seed Round in 2021
Sterile Vision operates a medical platform designed to organize and track sterilizable tools and consumables throughout their entire use cycle in the perioperative environment. By leveraging computer vision and machine learning, the platform captures images of surgical instruments at various stages of sterilization, processing, and distribution. This technology enables precise identification and tracking of tools, significantly reducing the risk of loss and enhancing operational efficiency. The system not only streamlines the management of large tool trays but also helps clients optimize resources, ultimately leading to cost savings and improved workflow in surgical settings.

SpIntellx

Seed Round in 2021
SpIntellx, Inc. is a computational and systems pathology company based in Pittsburgh, Pennsylvania, that specializes in spatial intelligence software for analyzing pathology tissue sections, particularly in cancer diagnosis. The company offers several products, including SpIntellx, which processes image data from various imaging platforms, and HistoMapr, a computational guide designed to assist pathologists. Additionally, TumorMapr analyzes the spatial interactions of biomarkers within whole slide images using multiplexed fluorescence. Founded in 2017 by a team of pathologists, computer scientists, and biotechnologists, SpIntellx aims to enhance the accuracy and efficiency of pathologists while providing predictive data to improve patient outcomes.

CapSen Robotics

Seed Round in 2020
CapSen Robotics, Inc. provides a 3D computer vision system that enables computers to understand the physical world in all of its cluttered glory; and a CapSen Detection Cloud Service. It offers cluttered object detection, scanning (large objects), scanning (small objects), and cluttered object tracking solutions; and serves factory automation, vehicle scanning and measuring, and retail inventory applications. The company was founded in 2016 and is based in Pittsburgh, Pennsylvania.

Agot

Seed Round in 2020
Agot is a developer of computer vision systems tailored for the food service industry. The company focuses on enhancing the operations of food service brands by minimizing online order errors, increasing order volume and customer ratings, and improving the accuracy of pickup time estimates. Additionally, Agot provides actionable analytics that help enterprises address key operational challenges, ultimately streamlining processes and enhancing the overall customer experience.

RoadBotics, Inc.

Non Equity Assistance in 2019
RoadBotics empowers governments and communities to make objective, data-driven decisions about their public infrastructure assets. We automate image mapping and road assessments, generating interactive maps, unbiased ratings, and practical tools to save time and taxpayer dollars for hundreds of communities across the country and around the world.

Smoke Detective

Seed Round in 2019
Smoke Detective develops a smoke detection application that transforms any camera-enabled smart device into a smoke detector. The application utilizes advanced algorithms to monitor and detect smoke by processing images and videos in real-time, relying on standard mobile processors for efficiency. By identifying visible smoke, the system can promptly send alerts or mobile notifications to users, helping them stay vigilant and reduce the risk of fire incidents. This innovative approach eliminates the need for calibration or additional hardware, making smoke detection accessible and convenient for a wide range of users.

Agot

Pre Seed Round in 2019
Agot is a developer of computer vision systems tailored for the food service industry. The company focuses on enhancing the operations of food service brands by minimizing online order errors, increasing order volume and customer ratings, and improving the accuracy of pickup time estimates. Additionally, Agot provides actionable analytics that help enterprises address key operational challenges, ultimately streamlining processes and enhancing the overall customer experience.

RoadBotics, Inc.

Seed Round in 2018
RoadBotics empowers governments and communities to make objective, data-driven decisions about their public infrastructure assets. We automate image mapping and road assessments, generating interactive maps, unbiased ratings, and practical tools to save time and taxpayer dollars for hundreds of communities across the country and around the world.

CapSen Robotics

Seed Round in 2018
CapSen Robotics, Inc. provides a 3D computer vision system that enables computers to understand the physical world in all of its cluttered glory; and a CapSen Detection Cloud Service. It offers cluttered object detection, scanning (large objects), scanning (small objects), and cluttered object tracking solutions; and serves factory automation, vehicle scanning and measuring, and retail inventory applications. The company was founded in 2016 and is based in Pittsburgh, Pennsylvania.

RoadBotics, Inc.

Seed Round in 2018
RoadBotics empowers governments and communities to make objective, data-driven decisions about their public infrastructure assets. We automate image mapping and road assessments, generating interactive maps, unbiased ratings, and practical tools to save time and taxpayer dollars for hundreds of communities across the country and around the world.

CapSen Robotics

Angel Round in 2016
CapSen Robotics, Inc. provides a 3D computer vision system that enables computers to understand the physical world in all of its cluttered glory; and a CapSen Detection Cloud Service. It offers cluttered object detection, scanning (large objects), scanning (small objects), and cluttered object tracking solutions; and serves factory automation, vehicle scanning and measuring, and retail inventory applications. The company was founded in 2016 and is based in Pittsburgh, Pennsylvania.

Fotofeedback

Seed Round in 2010
Fotofeedback (formerly Synesi LLC) operates an online community of photographers for sharing experience and building knowledge. It connects photographers in the United States and internationally, and offers personalized feedback on their work. The company’s community enables the users to get feedback on their pictures by deciding if they would like to connect with master photographer, working professional, or instructor; connecting and selecting a photographer in the area of expertise that is of interest to them, or based on area of expertise and skill level; submitting their images; selecting the area of expertise that applies to their work and what they are trying to do; and deciding the feedback level they want. Fotofeedback is based in Pittsburgh, Pennsylvania.
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