Innovation Works Founded 1999
Founders
Overview
Portfolio analytics
Team
Investments
News & Media
Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 184
Average round size
info
The average size of a deal this fund participated in
$538K
Portfolio companies 184
Rounds per year 8.36
Lead investments 6
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.44
Exits -
Key employees -
Stages of investment
Early Stage Venture
Seed
Areas of investment
Finance
Summary

In 1999 was created Innovation Works, which is appeared as VC. The main department of described VC is located in the Pittsburgh. The fund was located in North America if to be more exact in United States.

Among the most popular portfolio startups of the fund, we may highlight 4moms, The Zebra, Plextronics. The fund has no exact preference in some founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the most popular fund investment industries, there are Health Care, Medical Device. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

We also calculated 14 valuable employees in our database.

The increased amount of exits for fund were in 2017. Opposing the other organizations, this Innovation Works works on 23 percentage points less the average amount of lead investments. The fund is constantly included in 13-24 investment rounds annually. Considering the real fund results, this VC is 16 percentage points less often commits exit comparing to other organizations. The average startup value when the investment from Innovation Works is 1-5 millions dollars. The usual things for fund are deals in the range of 1 - 5 millions dollars. The important activity for fund was in 2018. Despite it in 2019 the fund had an activity.

The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the Innovation Works, startups are often financed by Urban Redevelopment Authority of Pittsburgh, BlueTree Allied Angels, Birchmere Ventures. The meaningful sponsors for the fund in investment in the same round are BlueTree Allied Angels, AlphaLab, Birchmere Ventures. In the next rounds fund is usually obtained by Draper Triangle, BlueTree Allied Angels, Riverfront Ventures.

Read more
Latest deals
CompanyIndustryRoundRound SizeDateInvestorsLocation
Apollo Neuroscience
Wellness
Seed
28 Jun 2019 United States, Pittsburgh
ModCloth
Crowdsourcing
E-Commerce
Fashion
Retail
Seed
1M18 Jun 2008 Panama, San Francisco
Gridwise
Big Data
Car Sharing
Delivery
Food Delivery
Ride Sharing
Sharing Economy
Software
Transportation
Seed
1M01 Apr 2019 United States, Pittsburgh
Shoefitr
E-Commerce
Fashion
Personalization
Software
Venture - Series Unknown
1M28 Oct 2011 United States, Pittsburgh
Containership
Cloud Computing
Cloud Infrastructure
Cloud Management
Data Center Automation
Developer Platform
Web Hosting
Seed
200K30 Jun 2015 United States, Pittsburgh
BPL Global
Energy
Internet of Things
Software
Series D
33M02 Jan 2008 United States, Canonsburg
RoadBotics
Apps
Autonomous Vehicles
Infrastructure
Internet of Things
Mapping Services
Public Transportation
SaaS
Transportation
Seed
07 May 2018 United States, Pittsburgh
nanoGriptech
Industrial
Manufacturing
Marketing
Seed
01 Aug 2014 United States, Pittsburgh
Safaba Translation Solutions
Software
Translation Service
Series A
23 Aug 2013 United States, Pittsburgh
Fotofeedback
Consumer Reviews
Photography
Professional Services
Seed
30K31 May 2010 United States, Pittsburgh
Review
  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Innovation Works?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Crunchbase icon

Content report

The following text will be sent to our editors: