Investors / United States / Innovation Works
Innovation Works
Venture capital · Pittsburgh, PA, United States · North America
Innovation Works is a nonprofit venture development organization and the Ben Franklin Technology Partner for Southwestern Pennsylvania. It supports early-stage technology startups with funding, mentorship, accelerators, and manufacturing assistance programs.
Invests inHealthcare & BiotechFintech
In its own wordsearly-stagetechnologyacceleratorroboticsmanufacturinglife sciences
Your fit with Innovation Works
Four questions about your startup
See how your round matches what it backs, point by point.
Or find every investor that fitsInnovation Works lists 8 checked portfolio companies on its own site and is named in 5 funding rounds, 2 of them as lead. Its most frequent entry is Seed, 100% of the companies with a known first round. Its largest themes are Healthcare & Biotech (50%), Fintech (20%) and Industrial & Manufacturing (10%). 100% of its companies are based in United States. It invests most often alongside Mountain State Capital, Techstars and 412 Venture Fund.
Counts come from funding rounds that name Innovation Works, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.
Entry stage
share of companies by the stage of its first roundShow as a table
| Value | |
|---|---|
| Pre-seed | 0% |
| Seed | 100% |
| Series A | 0% |
| Series B | 0% |
| Growth | 0% |
Activity by year
rounds it joined, last 10 yearsShow as a table
| Total | Rounds it led | |
|---|---|---|
| '17 | 0 | 0 |
| '18 | 0 | 0 |
| '19 | 0 | 0 |
| '20 | 0 | 0 |
| '21 | 0 | 0 |
| '22 | 0 | 0 |
| '23 | 0 | 0 |
| '24 | 0 | 0 |
| '25 | 1 | 1 |
| '26 | 4 | 1 |
Investor profile
percentile among all firmsShow as a table
| Measure | Percentile of all firms | Value |
|---|---|---|
| Portfolio size | 15th | 8 companies |
| Recent activity | 82th | 4 rounds in 12 months |
| Early stage | 100th | 100% of entries at pre-seed or seed |
| Evidence | 52th | 0% of companies confirmed by a round |
| Sector focus | 85th | 50% in its largest sector |
| Reach | 19th | 1 country |
Invests most often with
firms sharing its portfolio companiesShow as a table
| Share | |
|---|---|
| Mountain State Capital | 2 |
| Techstars | 2 |
| 412 Venture Fund | 1 |
| Argon Ventures | 1 |
| Armory Square Ventures | 1 |
| Autotech Ventures | 1 |
| Beni VC | 1 |
| C2 Ventures | 1 |
Its portfolio companies
where they are based, and what their own sites showSite status
- Site answers8100%
- No longer answers00%
- Points to another company00%
- Parked or sold domain00%
A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.
Investment themes
share of its checked companiesThis firmAll checked companies
Show as a table
| This firm | All checked companies | |
|---|---|---|
| Healthcare & Biotech | 50% | 15% |
| Fintech | 20% | 12% |
| Industrial & Manufacturing | 10% | 7% |
| AI & Machine Learning | 10% | 18% |
| Mobility & Logistics | 10% | 1% |
Co-investor network
who it backs companies with, and who they back togetherAll co-investors or Compare portfolios with Mountain State Capital
Compare Innovation Works head to head
portfolio size, rounds, entry stages, themes and the companies both backThree or more firms at once: portfolio overlap.
Recent portfolio activity
when companies last raised with Innovation Works| Date | Company | Stage |
|---|---|---|
| 26 Aug 2026 | Seed | |
| 29 Jun 2026 | Seed | |
| 23 Jun 2026 | Seed Led | |
| 9 Jun 2026 | Seed | |
| 26 Aug 2025 | Seed Led |
Round details for Innovation Works
Amounts, full round histories and every co-investor in Innovation Works' rounds are on Fundup AI. VCinfo covers investors and their portfolios.
Portfolio
8 companies checked against their own sites| Company | What it does | Themes | First round with it | Evidence |
|---|---|---|---|---|
| Concordare turns clinical trial study design PDFs into a digital format and generates the full study ecosystem, including EDC builds and CTMS configurations. | Healthcare & Biotech | Aug 2026Seed | Funding round | |
| CytoAgents is advancing a treatment for multiple inflammatory indications where dysregulated cytokine signaling plays a central role in disease pathogenesis. | Healthcare & Biotech | Portfolio page | ||
| Duo Oncology is developing tumor-activated drug conjugates designed to transform toxic multi-agent chemotherapy regimens into single medicines | Healthcare & Biotech | Jun 2026Seed | Funding round | |
| The company validates mortgage document data | Fintech | Aug 2025Seed | Funding round | |
| Gridwise provides an app to help gig, hourly, and freelance workers track their earnings and find better paying work | FintechMobility & Logistics | Portfolio page | ||
| Humotech provides a clinical prosthetic foot trialing service that enables people with limb loss to compare prosthetic foot options and informs clinical decision-making with patient-specific data. | Healthcare & Biotech | Portfolio page | ||
| InnSight Technology develops and manufactures point of care diagnostic devices for analyzing tear fluid to guide disease diagnosis and management | Healthcare & Biotech | Jun 2026Seed | Funding round | |
| Shelfmark develops an AI-native production intelligence platform for continuous flow manufacturing to detect and prevent defects in production lines | Industrial & ManufacturingAI & Machine Learning | Jun 2026Seed | Funding round |
About this data
site last read 5 Nov 2026- Site
- innovationworks.org
- Last read
- 5 Nov 2026
- Watching since
- 5 Nov 2026
- Rounds since
- 26 Aug 2025
- Companies checked
- 8
Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.
Get Innovation Works' profile as data
Pull Innovation Works' portfolio, co-investors and changes through one API key or MCP, open every portfolio row, compare it with other firms, and get an email when it adds a company or files a fund.
Work email, sign-in link by email. Already have an account? Log in- Ask AI5 plain-English investor searches a day
- Full listsEvery portfolio row and two-firm overlap
- API and MCP100 REST or MCP calls a month, one key
- AlertsFollow 5 investors for portfolio and fund changes
$ curl -H "X-API-Key: YOUR_KEY" \
https://api.vcinfo.io/v1/firms/innovationworks.org
# also
GET /v1/firms/innovationworks.org/portfolio
GET /v1/firms/innovationworks.org/coinvestors
GET /v1/firms/innovationworks.org/news