Innovation Works

Established in 1999, Innovation Works is a prominent investor in Southwestern Pennsylvania's technology sector. It provides capital and resources to early-stage companies with high growth potential and significant regional impact, particularly focusing on robotics, AI, medical devices, retail technologies, and enterprise software.

Sophie Burkholder

Investment Associate

Kevin Dowling Ph.D

Managing Director of Robotics Factory and Hardware

Peter Erin

Senior Associate

Afshan Khan

Investor

Jeffrey McDaniel

Investor

Ven Raju

Investor

Aaron Tainter

Investor

Steven Welles

Managing Director of Software

Jim Wrubel

Investor

Past deals in Predictive Analytics

BlastPoint

Seed Round in 2024
BlastPoint is a developer of a predictive AI-powered platform that offers big data solutions to help companies optimize revenue growth and enhance customer engagement. By providing tools to discover, target, and engage humans within their data, BlastPoint enables businesses across various sectors—such as energy, financial services, automotive, and nonprofit organizations—to generate immediate insights into customer engagement challenges. The platform equips clients to identify trends and unlock critical information relevant to specific territories, ultimately empowering them to find, reach, and satisfy customers throughout their lifetime.

Peoples Energy Analytics

Seed Round in 2024
Peoples Energy Analytics offers a comprehensive, data-driven solution for utility customer management. It identifies at-risk customers and connects them with bill assistance programs before they default on payments, helping utility companies reduce unpaid bills and increase revenue recovery.

SignatureDx

Seed Round in 2024
SignatureDx is a biotechnology company that develops and operates a bioanalytical platform. This platform is designed to detect and monitor complex human diseases in their early, silent stages. The company focuses on non-invasive diagnostic testing, aiming to predict and treat diseases before they cause significant organ damage. By specializing in novel methods, SignatureDx enables individuals to receive timely and successful treatment, thereby improving health outcomes.

Sensible Photonics

Pre Seed Round in 2024
Sensible Photonics is a company focused on developing innovative fiber optic sensing technologies aimed at enhancing the monitoring of grid equipment and energy storage solutions. The company manufactures noninvasive sensors that monitor transformers, batteries, and other electrical assets, providing real-time temperature readings and predictive analytics. These sensors enable the proactive identification of potential failures, including thermal runaway, allowing for timely maintenance and improved reliability. By offering insights into the health of critical electrical equipment, Sensible Photonics enhances operational efficiency, extends equipment lifespan, and contributes to financial savings and safety for its clients.

D.Sole

Pre Seed Round in 2023
D.Sole is a healthcare technology company focused on advancing remote patient monitoring in podiatry through innovative multimodal foot insoles. These insoles are designed for the early detection and monitoring of diabetic foot complications, including ulcers and deformities. By integrating advanced machine learning algorithms, D.Sole provides clinicians with comprehensive foot physiological data, enabling evidence-based insights for targeted treatments. The company's insoles are significantly more affordable than current market options, capable of detecting 15 types of foot complications, in contrast to competitors that only identify one. D.Sole aims to reduce healthcare costs substantially, potentially saving wound clinics over $100 million annually by lowering readmission rates for foot complications. Additionally, private insurers could save over $1 billion by reducing expenses related to amputations and wound care.

Ilant Health

Pre Seed Round in 2023
Ilant Health specializes in managing obesity and cardiometabolic health. Its platform employs machine learning analytics to drive insights for improved patient outcomes and reduced healthcare costs.

Velo.AI

Non Equity Assistance in 2023
Velo.AI develops Copilot, an AI-powered bike light that enhances cyclist safety. It offers video recording, audible warnings for approaching vehicles, visual alerts for drivers, and predictive risk estimation to prevent crashes.

Peoples Energy Analytics

Seed Round in 2023
Peoples Energy Analytics offers a comprehensive, data-driven solution for utility customer management. It identifies at-risk customers and connects them with bill assistance programs before they default on payments, helping utility companies reduce unpaid bills and increase revenue recovery.

Velo.AI

Seed Round in 2023
Velo.AI develops Copilot, an AI-powered bike light that enhances cyclist safety. It offers video recording, audible warnings for approaching vehicles, visual alerts for drivers, and predictive risk estimation to prevent crashes.

SpIntellx

Convertible Note in 2023
SpIntellx, Inc. is a computational and systems pathology company based in Pittsburgh, Pennsylvania, that specializes in spatial intelligence software products designed for analyzing pathology tissue sections in cancer diagnosis. Founded in 2017, the company offers innovative solutions such as SpIntellx, which processes image data sets from various imaging platforms and reagents, and HistoMapr, a computational guide for pathologists. Additionally, TumorMapr is utilized to analyze the spatial interactions of biomarkers within whole slide images using multiplexed fluorescence. With a focus on Precision Pathology and Spatially Intelligent Biology, SpIntellx leverages unbiased spatial analytics powered by explainable AI to enhance understanding of complex cancer biology, thereby facilitating advancements in drug development, diagnostics, and treatment strategies.

LeanFM Technologies

Seed Round in 2022
LeanFM Technologies provides a cloud-based information and facility operations platform that helps facility managers access actionable information and make data-driven decisions. The platform integrates static design information, dynamic measurements, and controls using standard protocols to automatically map data points from building automation systems to equipment and spaces in design drawings, enabling accurate and productive decision-making. It supports hospitals and universities by offering context on maintenance history and backlog and by delivering AI-enriched insights from maintenance and building information. The goal is to minimize waste and maximize value for owners and occupants by improving maintenance planning, operational transparency, and efficiency.

Inspired Cognition

Seed Round in 2022
Inspired Cognition is a Pennsylvania-based company that specializes in developing artificial intelligence software tailored for the research and development lifecycle. The company focuses on creating digital tools and online systems that assist businesses in integrating AI solutions effectively. Its products provide evaluation as a service, enabling organizations to monitor, analyze, and improve their operational plans. Additionally, Inspired Cognition’s offerings include data modeling capabilities that help business professionals identify system pain points and propose actionable solutions. Through its innovations, Inspired Cognition aims to support businesses in leveraging AI to enhance their operations and decision-making processes.

Telling.ai

Seed Round in 2022
Telling.ai is a telehealth platform that focuses on respiratory monitoring and lung health assessment. The company analyzes voice and breath sounds to identify indicators of various medical conditions, particularly respiratory diseases and infections. Telling.ai's platform is designed to assist individuals with chronic lung conditions, enabling them to manage their health more effectively and prevent acute exacerbations. By capturing respiratory sounds in real-world settings, the platform provides real-time feedback while optimizing data quality through advanced denoising techniques. This allows for timely interventions that help avoid costly hospitalizations, ultimately benefiting the over 1 billion people affected by acute or chronic respiratory disorders.

BlastPoint

Seed Round in 2022
BlastPoint is a developer of a predictive AI-powered platform that offers big data solutions to help companies optimize revenue growth and enhance customer engagement. By providing tools to discover, target, and engage humans within their data, BlastPoint enables businesses across various sectors—such as energy, financial services, automotive, and nonprofit organizations—to generate immediate insights into customer engagement challenges. The platform equips clients to identify trends and unlock critical information relevant to specific territories, ultimately empowering them to find, reach, and satisfy customers throughout their lifetime.

SpIntellx

Seed Round in 2022
SpIntellx, Inc. is a computational and systems pathology company based in Pittsburgh, Pennsylvania, that specializes in spatial intelligence software products designed for analyzing pathology tissue sections in cancer diagnosis. Founded in 2017, the company offers innovative solutions such as SpIntellx, which processes image data sets from various imaging platforms and reagents, and HistoMapr, a computational guide for pathologists. Additionally, TumorMapr is utilized to analyze the spatial interactions of biomarkers within whole slide images using multiplexed fluorescence. With a focus on Precision Pathology and Spatially Intelligent Biology, SpIntellx leverages unbiased spatial analytics powered by explainable AI to enhance understanding of complex cancer biology, thereby facilitating advancements in drug development, diagnostics, and treatment strategies.

Naima Health

Seed Round in 2022
Founded in 2018, Naima Health is a Pittsburgh-based company that develops health tools using behavioral decision science and machine learning. Their platform engages patients, particularly pregnant women at high risk, in their clinical care by providing personalized, engaging pregnancy risk assessments and support.

Lanzhou Technology

Seed Round in 2022
Lanzhou cognitive intelligence platform is an industrial service cloud platform with NLP as the core, providing a series of services such as a graph, machine translation, assisted writing, sentiment analysis, intelligent retrieval, intelligent customer service, document analysis, etc. Enter search, generation, translation, dialogue, and other business scenarios. They provide solutions for financial, marketing, cultural, and creative industries, focusing on the core scenarios in the industry to provide solutions to help enterprises upgrade intelligently.

Spoken

Seed Round in 2021
Spoken is a technology company based in Marietta, Ohio, that specializes in developing a text-to-speech smartphone application aimed at assisting individuals with communication challenges. The application utilizes predictive speech technology, leveraging big data and machine learning to create a natural-language assistant tailored for those with speech disorders. By employing user-centered design principles, Spoken's platform provides augmentative and alternative communication solutions, allowing users with conditions such as aphasia and nonverbal autism to construct coherent sentences on their mobile devices. Through its innovative approach, Spoken seeks to enhance the communication abilities of individuals facing significant speech and language difficulties.

Telling.ai

Seed Round in 2021
Telling.ai is a telehealth platform that focuses on respiratory monitoring and lung health assessment. The company analyzes voice and breath sounds to identify indicators of various medical conditions, particularly respiratory diseases and infections. Telling.ai's platform is designed to assist individuals with chronic lung conditions, enabling them to manage their health more effectively and prevent acute exacerbations. By capturing respiratory sounds in real-world settings, the platform provides real-time feedback while optimizing data quality through advanced denoising techniques. This allows for timely interventions that help avoid costly hospitalizations, ultimately benefiting the over 1 billion people affected by acute or chronic respiratory disorders.

Stocksnips

Seed Round in 2021
Stocksnips is an artificial intelligence platform designed to enhance investment decision-making by providing investors with timely access to stock market news analysis. The company employs advanced AI technologies, including natural language processing and neural networks, to crawl and analyze approximately 50,000 news articles daily related to public companies on major exchanges. By filtering out irrelevant information and assessing market sentiment, Stocksnips delivers valuable insights into a company’s financial and operational performance. It categorizes news snippets based on key performance indicators such as revenue, sales, and earnings, facilitating informed portfolio management for asset managers and investment advisors. Through partnerships with investment experts, Stocksnips aims to validate its analytical signals, ultimately helping clients achieve better investment outcomes and mitigate risks.

LeanFM Technologies

Seed Round in 2021
LeanFM Technologies provides a cloud-based information and facility operations platform that helps facility managers access actionable information and make data-driven decisions. The platform integrates static design information, dynamic measurements, and controls using standard protocols to automatically map data points from building automation systems to equipment and spaces in design drawings, enabling accurate and productive decision-making. It supports hospitals and universities by offering context on maintenance history and backlog and by delivering AI-enriched insights from maintenance and building information. The goal is to minimize waste and maximize value for owners and occupants by improving maintenance planning, operational transparency, and efficiency.

SpIntellx

Seed Round in 2021
SpIntellx, Inc. is a computational and systems pathology company based in Pittsburgh, Pennsylvania, that specializes in spatial intelligence software products designed for analyzing pathology tissue sections in cancer diagnosis. Founded in 2017, the company offers innovative solutions such as SpIntellx, which processes image data sets from various imaging platforms and reagents, and HistoMapr, a computational guide for pathologists. Additionally, TumorMapr is utilized to analyze the spatial interactions of biomarkers within whole slide images using multiplexed fluorescence. With a focus on Precision Pathology and Spatially Intelligent Biology, SpIntellx leverages unbiased spatial analytics powered by explainable AI to enhance understanding of complex cancer biology, thereby facilitating advancements in drug development, diagnostics, and treatment strategies.

BlastPoint

Seed Round in 2020
BlastPoint is a developer of a predictive AI-powered platform that offers big data solutions to help companies optimize revenue growth and enhance customer engagement. By providing tools to discover, target, and engage humans within their data, BlastPoint enables businesses across various sectors—such as energy, financial services, automotive, and nonprofit organizations—to generate immediate insights into customer engagement challenges. The platform equips clients to identify trends and unlock critical information relevant to specific territories, ultimately empowering them to find, reach, and satisfy customers throughout their lifetime.

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.

Hibersense

Seed Round in 2020
Hibersense is a developer of an innovative climate control system that enhances HVAC efficiency and comfort in residential and multi-family environments. The company's patent-pending technology incorporates wireless sensors and battery-operated vents to monitor and adjust temperature, motion, light, humidity, and sound in individual rooms. By utilizing machine learning algorithms, Hibersense optimizes heating and cooling, effectively eliminating energy waste in unoccupied spaces and achieving energy savings of up to 40%. The system not only empowers homeowners to customize their indoor climate effortlessly but also benefits multi-family operators by improving tenant comfort and satisfaction, which can lead to higher renewal rates. Additionally, Hibersense provides insights into building thermal dynamics and usage patterns, creating opportunities for increased profitability and value for stakeholders.

Stocksnips

Seed Round in 2020
Stocksnips is an artificial intelligence platform designed to enhance investment decision-making by providing investors with timely access to stock market news analysis. The company employs advanced AI technologies, including natural language processing and neural networks, to crawl and analyze approximately 50,000 news articles daily related to public companies on major exchanges. By filtering out irrelevant information and assessing market sentiment, Stocksnips delivers valuable insights into a company’s financial and operational performance. It categorizes news snippets based on key performance indicators such as revenue, sales, and earnings, facilitating informed portfolio management for asset managers and investment advisors. Through partnerships with investment experts, Stocksnips aims to validate its analytical signals, ultimately helping clients achieve better investment outcomes and mitigate risks.

Farm Jenny

Seed Round in 2020
Farm Jenny LLC is an agricultural technology company based in Mars, Pennsylvania, specializing in wearable technology and sensor-based equipment for farm animals. Founded in 2017, the company focuses on enhancing animal health and productivity, as well as ensuring handler safety and operator satisfaction, particularly for small to mid-sized farms. Farm Jenny's innovative products enable users to monitor the behavior and health of their animals through behavior-tracking wearables and strategically placed sensors across the farm. The company also offers a subscription service that uses machine learning and predictive analytics to provide real-time alerts and recommendations to farmers' smartphones, ultimately helping them to improve productivity and safeguard their livestock.

Wise Telemetry

Seed Round in 2020
Wise Telemetry, LLC is a provider of gas sensor systems designed for gas distributors to monitor real-time supply and usage data at customer sites. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, the company offers a solution that automatically determines and communicates a gas cylinder's size, fill level, and usage rate without requiring user input or special programming. This capability enhances delivery route planning, usage tracking, and future demand predictions, allowing clients to optimize their operations and achieve cost savings. Wise Telemetry's technology is applicable across various sectors, including medical, manufacturing, energy, and construction. Originally known as BreatheWise, LLC, the company rebranded in May 2017 to reflect its focus on telemetry solutions.

Rhabit Analytics

Seed Round in 2020
Rhabit Analytics is a Pittsburgh-based software company that develops an online talent management platform and continuous employee feedback system. The solution supports performance management, employee engagement, development, and succession planning, delivering quantitative data to help human resources, employees, and executives make better workforce decisions. It emphasizes lightweight, easy-to-use feedback, capturing 30-plus data points per employee each week to fuel people analytics that span the entire employee experience. In addition to software, the company offers consulting services to help translate data into actionable leadership insights and guide investments in development. Founded in 2017, Rhabit Analytics helps organizations identify top performers, boost engagement, and optimize development programs.

LeanFM Technologies

Seed Round in 2020
LeanFM Technologies provides a cloud-based information and facility operations platform that helps facility managers access actionable information and make data-driven decisions. The platform integrates static design information, dynamic measurements, and controls using standard protocols to automatically map data points from building automation systems to equipment and spaces in design drawings, enabling accurate and productive decision-making. It supports hospitals and universities by offering context on maintenance history and backlog and by delivering AI-enriched insights from maintenance and building information. The goal is to minimize waste and maximize value for owners and occupants by improving maintenance planning, operational transparency, and efficiency.

Hibersense

Seed Round in 2019
Hibersense is a developer of an innovative climate control system that enhances HVAC efficiency and comfort in residential and multi-family environments. The company's patent-pending technology incorporates wireless sensors and battery-operated vents to monitor and adjust temperature, motion, light, humidity, and sound in individual rooms. By utilizing machine learning algorithms, Hibersense optimizes heating and cooling, effectively eliminating energy waste in unoccupied spaces and achieving energy savings of up to 40%. The system not only empowers homeowners to customize their indoor climate effortlessly but also benefits multi-family operators by improving tenant comfort and satisfaction, which can lead to higher renewal rates. Additionally, Hibersense provides insights into building thermal dynamics and usage patterns, creating opportunities for increased profitability and value for stakeholders.

Idelic

Series A in 2019
Idelic is a driver management platform based in Pittsburgh, Pennsylvania, founded in 2016. The company specializes in consolidating fleet data systems and automating compliance processes within the transportation industry. Its platform integrates data from various technology sources into a unified system, allowing clients to efficiently manage safety operations and gain predictive insights. By leveraging data organization and artificial intelligence, Idelic aims to enhance driver safety, reduce turnover, and lower insurance costs, ultimately helping to prevent crashes and improve overall fleet performance.

Farm Jenny

Seed Round in 2019
Farm Jenny LLC is an agricultural technology company based in Mars, Pennsylvania, specializing in wearable technology and sensor-based equipment for farm animals. Founded in 2017, the company focuses on enhancing animal health and productivity, as well as ensuring handler safety and operator satisfaction, particularly for small to mid-sized farms. Farm Jenny's innovative products enable users to monitor the behavior and health of their animals through behavior-tracking wearables and strategically placed sensors across the farm. The company also offers a subscription service that uses machine learning and predictive analytics to provide real-time alerts and recommendations to farmers' smartphones, ultimately helping them to improve productivity and safeguard their livestock.

Root Health

Seed Round in 2019
Root Health, Inc. is a company that specializes in the development of an AI virtual assistant aimed at enhancing clinical research through improved participant recruitment and retention. Founded in 2017 and based in Pittsburgh, Pennsylvania, Root Health's platform automates various aspects of clinical trial management, including recruitment, enrollment, and remote monitoring. The AI assistant facilitates personalized interactions with participants, enabling compassionate care at scale while ensuring protocol adherence through digital nudging. Additionally, the assistant provides continuous support, smart insights, and efficient scheduling, thereby helping investigators conduct clinical trials safely and effectively.

Hibersense

Seed Round in 2019
Hibersense is a developer of an innovative climate control system that enhances HVAC efficiency and comfort in residential and multi-family environments. The company's patent-pending technology incorporates wireless sensors and battery-operated vents to monitor and adjust temperature, motion, light, humidity, and sound in individual rooms. By utilizing machine learning algorithms, Hibersense optimizes heating and cooling, effectively eliminating energy waste in unoccupied spaces and achieving energy savings of up to 40%. The system not only empowers homeowners to customize their indoor climate effortlessly but also benefits multi-family operators by improving tenant comfort and satisfaction, which can lead to higher renewal rates. Additionally, Hibersense provides insights into building thermal dynamics and usage patterns, creating opportunities for increased profitability and value for stakeholders.

Hibersense

Seed Round in 2018
Hibersense is a developer of an innovative climate control system that enhances HVAC efficiency and comfort in residential and multi-family environments. The company's patent-pending technology incorporates wireless sensors and battery-operated vents to monitor and adjust temperature, motion, light, humidity, and sound in individual rooms. By utilizing machine learning algorithms, Hibersense optimizes heating and cooling, effectively eliminating energy waste in unoccupied spaces and achieving energy savings of up to 40%. The system not only empowers homeowners to customize their indoor climate effortlessly but also benefits multi-family operators by improving tenant comfort and satisfaction, which can lead to higher renewal rates. Additionally, Hibersense provides insights into building thermal dynamics and usage patterns, creating opportunities for increased profitability and value for stakeholders.

Idelic

Seed Round in 2018
Idelic is a driver management platform based in Pittsburgh, Pennsylvania, founded in 2016. The company specializes in consolidating fleet data systems and automating compliance processes within the transportation industry. Its platform integrates data from various technology sources into a unified system, allowing clients to efficiently manage safety operations and gain predictive insights. By leveraging data organization and artificial intelligence, Idelic aims to enhance driver safety, reduce turnover, and lower insurance costs, ultimately helping to prevent crashes and improve overall fleet performance.

Gridfruit

Seed Round in 2018
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.

LifeWhere

Seed Round in 2018
LifeWhere, LLC is a software company that specializes in predictive analytics for the home service provider market, focusing on the health of home utility systems. Founded in 2016 and headquartered in Pittsburgh, Pennsylvania, LifeWhere offers a platform that utilizes IoT technology to monitor and diagnose HVAC system conditions. Their innovative LifePulse technology continuously tracks the health of utility machines, providing a home health dashboard that alerts service providers to potential issues before they escalate. This proactive approach enhances the efficiency of service operations by reducing the need for onsite diagnostics and improving repair response times. As of 2019, LifeWhere operates as a subsidiary of Resideo Technologies, Inc.

Inteligistics

Seed Round in 2018
Inteligistics provides cold chain and supply chain visibility software that tracks and monitors the shelf life of perishable commodities. The solution uses machine-to-machine low-power, portable and wireless sensors, along with passive RFID technologies, to collect real-time data. It integrates cloud-based communications gateways, portable readers, and controllers to deliver actionable information through a graphics dashboard and data analytics platform. The system aims to improve cool chain and supply chain performance by increasing product throughput, reducing power usage, optimizing labor, and improving inventory management. The platform enables visibility across the supply chain, enabling proactive alerts and process improvements, helping businesses maintain product quality and extend shelf life. Focused on perishable goods, the software supports efficient tracking, better decision making, and higher productivity, through automation and data-driven insights.

Wise Telemetry

Seed Round in 2018
Wise Telemetry, LLC is a provider of gas sensor systems designed for gas distributors to monitor real-time supply and usage data at customer sites. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, the company offers a solution that automatically determines and communicates a gas cylinder's size, fill level, and usage rate without requiring user input or special programming. This capability enhances delivery route planning, usage tracking, and future demand predictions, allowing clients to optimize their operations and achieve cost savings. Wise Telemetry's technology is applicable across various sectors, including medical, manufacturing, energy, and construction. Originally known as BreatheWise, LLC, the company rebranded in May 2017 to reflect its focus on telemetry solutions.

TravelWits

Seed Round in 2018
TravelWits is a Pittsburgh-based travel technology company that operates an online platform to search multi-mode travel deals, enabling users to find combinations of transportation, accommodations, and activities within a budget. The platform uses AI to generate door-to-door itineraries optimized for meeting times and locations, aiming to save businesses money while offering incentives and lightweight travel-policy management. The service covers both business and leisure travel, helping companies streamline policy compliance and employees' itineraries. TravelWits emphasizes cost optimization and convenience by surfacing cost-effective, practical travel options.

Hibersense

Seed Round in 2018
Hibersense is a developer of an innovative climate control system that enhances HVAC efficiency and comfort in residential and multi-family environments. The company's patent-pending technology incorporates wireless sensors and battery-operated vents to monitor and adjust temperature, motion, light, humidity, and sound in individual rooms. By utilizing machine learning algorithms, Hibersense optimizes heating and cooling, effectively eliminating energy waste in unoccupied spaces and achieving energy savings of up to 40%. The system not only empowers homeowners to customize their indoor climate effortlessly but also benefits multi-family operators by improving tenant comfort and satisfaction, which can lead to higher renewal rates. Additionally, Hibersense provides insights into building thermal dynamics and usage patterns, creating opportunities for increased profitability and value for stakeholders.

Stocksnips

Seed Round in 2018
Stocksnips is an artificial intelligence platform designed to enhance investment decision-making by providing investors with timely access to stock market news analysis. The company employs advanced AI technologies, including natural language processing and neural networks, to crawl and analyze approximately 50,000 news articles daily related to public companies on major exchanges. By filtering out irrelevant information and assessing market sentiment, Stocksnips delivers valuable insights into a company’s financial and operational performance. It categorizes news snippets based on key performance indicators such as revenue, sales, and earnings, facilitating informed portfolio management for asset managers and investment advisors. Through partnerships with investment experts, Stocksnips aims to validate its analytical signals, ultimately helping clients achieve better investment outcomes and mitigate risks.

BlastPoint

Seed Round in 2018
BlastPoint is a developer of a predictive AI-powered platform that offers big data solutions to help companies optimize revenue growth and enhance customer engagement. By providing tools to discover, target, and engage humans within their data, BlastPoint enables businesses across various sectors—such as energy, financial services, automotive, and nonprofit organizations—to generate immediate insights into customer engagement challenges. The platform equips clients to identify trends and unlock critical information relevant to specific territories, ultimately empowering them to find, reach, and satisfy customers throughout their lifetime.

TravelWits

Convertible Note in 2018
TravelWits is a Pittsburgh-based travel technology company that operates an online platform to search multi-mode travel deals, enabling users to find combinations of transportation, accommodations, and activities within a budget. The platform uses AI to generate door-to-door itineraries optimized for meeting times and locations, aiming to save businesses money while offering incentives and lightweight travel-policy management. The service covers both business and leisure travel, helping companies streamline policy compliance and employees' itineraries. TravelWits emphasizes cost optimization and convenience by surfacing cost-effective, practical travel options.

Farm Jenny

Seed Round in 2018
Farm Jenny LLC is an agricultural technology company based in Mars, Pennsylvania, specializing in wearable technology and sensor-based equipment for farm animals. Founded in 2017, the company focuses on enhancing animal health and productivity, as well as ensuring handler safety and operator satisfaction, particularly for small to mid-sized farms. Farm Jenny's innovative products enable users to monitor the behavior and health of their animals through behavior-tracking wearables and strategically placed sensors across the farm. The company also offers a subscription service that uses machine learning and predictive analytics to provide real-time alerts and recommendations to farmers' smartphones, ultimately helping them to improve productivity and safeguard their livestock.

Watt-Learn

Seed Round in 2018
Watt-Learn, Inc. is a Pittsburgh-based company that specializes in developing software-as-a-service (SaaS) solutions for grid-connected battery installations in the energy sector. Established in 2016, the company leverages artificial intelligence to enhance the lifespan and performance of energy storage systems. Its software autonomously optimizes battery operations based on user-defined criteria, thereby maximizing the return on investment for energy storage projects while minimizing degradation due to cycling. Watt-Learn serves a diverse clientele, including battery original equipment manufacturers, system integrators, and commercial and industrial end users, as well as utility companies. Through its innovative platform, Watt-Learn aims to improve the operational efficiency and economic viability of battery technologies across various applications.

Hibersense

Seed Round in 2018
Hibersense is a developer of an innovative climate control system that enhances HVAC efficiency and comfort in residential and multi-family environments. The company's patent-pending technology incorporates wireless sensors and battery-operated vents to monitor and adjust temperature, motion, light, humidity, and sound in individual rooms. By utilizing machine learning algorithms, Hibersense optimizes heating and cooling, effectively eliminating energy waste in unoccupied spaces and achieving energy savings of up to 40%. The system not only empowers homeowners to customize their indoor climate effortlessly but also benefits multi-family operators by improving tenant comfort and satisfaction, which can lead to higher renewal rates. Additionally, Hibersense provides insights into building thermal dynamics and usage patterns, creating opportunities for increased profitability and value for stakeholders.

Rhabit Analytics

Seed Round in 2018
Rhabit Analytics is a Pittsburgh-based software company that develops an online talent management platform and continuous employee feedback system. The solution supports performance management, employee engagement, development, and succession planning, delivering quantitative data to help human resources, employees, and executives make better workforce decisions. It emphasizes lightweight, easy-to-use feedback, capturing 30-plus data points per employee each week to fuel people analytics that span the entire employee experience. In addition to software, the company offers consulting services to help translate data into actionable leadership insights and guide investments in development. Founded in 2017, Rhabit Analytics helps organizations identify top performers, boost engagement, and optimize development programs.

LifeWhere

Seed Round in 2017
LifeWhere, LLC is a software company that specializes in predictive analytics for the home service provider market, focusing on the health of home utility systems. Founded in 2016 and headquartered in Pittsburgh, Pennsylvania, LifeWhere offers a platform that utilizes IoT technology to monitor and diagnose HVAC system conditions. Their innovative LifePulse technology continuously tracks the health of utility machines, providing a home health dashboard that alerts service providers to potential issues before they escalate. This proactive approach enhances the efficiency of service operations by reducing the need for onsite diagnostics and improving repair response times. As of 2019, LifeWhere operates as a subsidiary of Resideo Technologies, Inc.

Behaivior

Seed Round in 2017
Behaivior LLC is a digital health company based in Pittsburgh, Pennsylvania, focused on predicting and preventing addiction relapses through innovative technology. Founded in 2017, Behaivior integrates wearable devices with machine learning algorithms to analyze real-time data from various physiological metrics, such as heart rate and skin temperature. The company’s platform, known as Recovery, employs this data to deliver timely interventions tailored to the needs of individuals in recovery. By utilizing a SaaS business model, Behaivior aims to democratize mental health recovery and support, assisting users in maintaining their wellness while enabling care providers to enhance their service delivery. Through its proactive approach, Behaivior seeks to improve mental health outcomes and reduce crisis events associated with addiction.

Wise Telemetry

Convertible Note in 2017
Wise Telemetry, LLC is a provider of gas sensor systems designed for gas distributors to monitor real-time supply and usage data at customer sites. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, the company offers a solution that automatically determines and communicates a gas cylinder's size, fill level, and usage rate without requiring user input or special programming. This capability enhances delivery route planning, usage tracking, and future demand predictions, allowing clients to optimize their operations and achieve cost savings. Wise Telemetry's technology is applicable across various sectors, including medical, manufacturing, energy, and construction. Originally known as BreatheWise, LLC, the company rebranded in May 2017 to reflect its focus on telemetry solutions.

BlastPoint

Convertible Note in 2017
BlastPoint is a developer of a predictive AI-powered platform that offers big data solutions to help companies optimize revenue growth and enhance customer engagement. By providing tools to discover, target, and engage humans within their data, BlastPoint enables businesses across various sectors—such as energy, financial services, automotive, and nonprofit organizations—to generate immediate insights into customer engagement challenges. The platform equips clients to identify trends and unlock critical information relevant to specific territories, ultimately empowering them to find, reach, and satisfy customers throughout their lifetime.

Hibersense

Convertible Note in 2017
Hibersense is a developer of an innovative climate control system that enhances HVAC efficiency and comfort in residential and multi-family environments. The company's patent-pending technology incorporates wireless sensors and battery-operated vents to monitor and adjust temperature, motion, light, humidity, and sound in individual rooms. By utilizing machine learning algorithms, Hibersense optimizes heating and cooling, effectively eliminating energy waste in unoccupied spaces and achieving energy savings of up to 40%. The system not only empowers homeowners to customize their indoor climate effortlessly but also benefits multi-family operators by improving tenant comfort and satisfaction, which can lead to higher renewal rates. Additionally, Hibersense provides insights into building thermal dynamics and usage patterns, creating opportunities for increased profitability and value for stakeholders.

Stocksnips

Convertible Note in 2017
Stocksnips is an artificial intelligence platform designed to enhance investment decision-making by providing investors with timely access to stock market news analysis. The company employs advanced AI technologies, including natural language processing and neural networks, to crawl and analyze approximately 50,000 news articles daily related to public companies on major exchanges. By filtering out irrelevant information and assessing market sentiment, Stocksnips delivers valuable insights into a company’s financial and operational performance. It categorizes news snippets based on key performance indicators such as revenue, sales, and earnings, facilitating informed portfolio management for asset managers and investment advisors. Through partnerships with investment experts, Stocksnips aims to validate its analytical signals, ultimately helping clients achieve better investment outcomes and mitigate risks.

BlastPoint

Seed Round in 2017
BlastPoint is a developer of a predictive AI-powered platform that offers big data solutions to help companies optimize revenue growth and enhance customer engagement. By providing tools to discover, target, and engage humans within their data, BlastPoint enables businesses across various sectors—such as energy, financial services, automotive, and nonprofit organizations—to generate immediate insights into customer engagement challenges. The platform equips clients to identify trends and unlock critical information relevant to specific territories, ultimately empowering them to find, reach, and satisfy customers throughout their lifetime.

TravelWits

Seed Round in 2016
TravelWits is a Pittsburgh-based travel technology company that operates an online platform to search multi-mode travel deals, enabling users to find combinations of transportation, accommodations, and activities within a budget. The platform uses AI to generate door-to-door itineraries optimized for meeting times and locations, aiming to save businesses money while offering incentives and lightweight travel-policy management. The service covers both business and leisure travel, helping companies streamline policy compliance and employees' itineraries. TravelWits emphasizes cost optimization and convenience by surfacing cost-effective, practical travel options.

Wise Telemetry

Seed Round in 2016
Wise Telemetry, LLC is a provider of gas sensor systems designed for gas distributors to monitor real-time supply and usage data at customer sites. Founded in 2014 and headquartered in Pittsburgh, Pennsylvania, the company offers a solution that automatically determines and communicates a gas cylinder's size, fill level, and usage rate without requiring user input or special programming. This capability enhances delivery route planning, usage tracking, and future demand predictions, allowing clients to optimize their operations and achieve cost savings. Wise Telemetry's technology is applicable across various sectors, including medical, manufacturing, energy, and construction. Originally known as BreatheWise, LLC, the company rebranded in May 2017 to reflect its focus on telemetry solutions.

TravelWits

Pre Seed Round in 2015
TravelWits is a Pittsburgh-based travel technology company that operates an online platform to search multi-mode travel deals, enabling users to find combinations of transportation, accommodations, and activities within a budget. The platform uses AI to generate door-to-door itineraries optimized for meeting times and locations, aiming to save businesses money while offering incentives and lightweight travel-policy management. The service covers both business and leisure travel, helping companies streamline policy compliance and employees' itineraries. TravelWits emphasizes cost optimization and convenience by surfacing cost-effective, practical travel options.

Inteligistics

Convertible Note in 2015
Inteligistics provides cold chain and supply chain visibility software that tracks and monitors the shelf life of perishable commodities. The solution uses machine-to-machine low-power, portable and wireless sensors, along with passive RFID technologies, to collect real-time data. It integrates cloud-based communications gateways, portable readers, and controllers to deliver actionable information through a graphics dashboard and data analytics platform. The system aims to improve cool chain and supply chain performance by increasing product throughput, reducing power usage, optimizing labor, and improving inventory management. The platform enables visibility across the supply chain, enabling proactive alerts and process improvements, helping businesses maintain product quality and extend shelf life. Focused on perishable goods, the software supports efficient tracking, better decision making, and higher productivity, through automation and data-driven insights.

KWantera

Venture Round in 2014
kWantera is an energy management company founded in 2006 and headquartered in Pittsburgh, Pennsylvania. It offers a cloud-based intelligence platform named Faraday, which transforms the way energy is bought, sold, and consumed. The platform leverages advanced data science and predictive analytics to provide actionable insights that enhance decision-making in the energy market. By delivering real-time pricing information for electricity and natural gas, Faraday helps businesses reduce energy costs, explore ancillary market opportunities, and improve revenue yield through data-driven recommendations.

Tailored Fit

Seed Round in 2014
Tailored Fit is an online shopping service that provides users with recommendations for clothing they’ll like based on their past behavior. As users like/dislike pieces of clothing Tailored Fit creates a detailed profile of their style, and makes suggestions based on that profile from online retailers. This profile will also enable a shopping app based on discovering clothing from stores nearby.

Propel

Series A in 2014
Propel IT, Inc. is a software company based in Pittsburgh, Pennsylvania, specializing in operational performance optimization for the commercial transportation industry. Founded in 2003, Propel has developed RouteRisk, a mobile platform that addresses the rising concerns of accident rates and insurance costs within commercial fleets. RouteRisk tracks, scores, and predicts risks associated with commercial vehicle operations, aiming to reduce accidents by over 50%. The platform integrates cutting-edge technology, including turn-by-turn routing and in-cab safety alerts, alongside an extensive database of regulatory and inspection information. By leveraging big data, Propel enables fleet managers and drivers to enhance safety, improve fuel efficiency, and foster better alignment of incentives across the transportation and logistics sectors.

Inteligistics

Seed Round in 2014
Inteligistics provides cold chain and supply chain visibility software that tracks and monitors the shelf life of perishable commodities. The solution uses machine-to-machine low-power, portable and wireless sensors, along with passive RFID technologies, to collect real-time data. It integrates cloud-based communications gateways, portable readers, and controllers to deliver actionable information through a graphics dashboard and data analytics platform. The system aims to improve cool chain and supply chain performance by increasing product throughput, reducing power usage, optimizing labor, and improving inventory management. The platform enables visibility across the supply chain, enabling proactive alerts and process improvements, helping businesses maintain product quality and extend shelf life. Focused on perishable goods, the software supports efficient tracking, better decision making, and higher productivity, through automation and data-driven insights.

Inteligistics

Seed Round in 2013
Inteligistics provides cold chain and supply chain visibility software that tracks and monitors the shelf life of perishable commodities. The solution uses machine-to-machine low-power, portable and wireless sensors, along with passive RFID technologies, to collect real-time data. It integrates cloud-based communications gateways, portable readers, and controllers to deliver actionable information through a graphics dashboard and data analytics platform. The system aims to improve cool chain and supply chain performance by increasing product throughput, reducing power usage, optimizing labor, and improving inventory management. The platform enables visibility across the supply chain, enabling proactive alerts and process improvements, helping businesses maintain product quality and extend shelf life. Focused on perishable goods, the software supports efficient tracking, better decision making, and higher productivity, through automation and data-driven insights.

Propel

Seed Round in 2013
Propel IT, Inc. is a software company based in Pittsburgh, Pennsylvania, specializing in operational performance optimization for the commercial transportation industry. Founded in 2003, Propel has developed RouteRisk, a mobile platform that addresses the rising concerns of accident rates and insurance costs within commercial fleets. RouteRisk tracks, scores, and predicts risks associated with commercial vehicle operations, aiming to reduce accidents by over 50%. The platform integrates cutting-edge technology, including turn-by-turn routing and in-cab safety alerts, alongside an extensive database of regulatory and inspection information. By leveraging big data, Propel enables fleet managers and drivers to enhance safety, improve fuel efficiency, and foster better alignment of incentives across the transportation and logistics sectors.
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