Insights

Industry-Focused Investment Innovation Works is a key player in supporting early-stage companies in hardware, software, and life sciences technologies in the Pittsburgh region. This industry focus presents a prime opportunity for technology and life sciences service providers looking to partner with startups in need of support and solutions.

Expansion Opportunities Recent expansions such as the launch of the Robotics Factory and partnerships with companies like SAGE Dining showcase Innovation Works' growth trajectory. This expansion creates opportunities for vendors and service providers to offer their products and services to the growing portfolio of companies associated with Innovation Works.

Key Personnel Changes Recent appointments of key personnel like Kevin Dowling and Kirk Botula signify a period of organizational change and strategic leadership at Innovation Works. Networking and consulting firms can leverage these changes to offer their expertise in navigating transitions and optimizing operations.

Financial Health and Funding With a revenue range of $0-10M and significant funding of $20M, Innovation Works is financially robust and well-positioned for growth. Financial service providers can capitalize on this by offering investment advisory, financial planning, or related services to support Innovation Works in maximizing their resources.

Competitive Positioning and Market Trends Being one of the most active investors in the U.S. and part of the Ben Franklin Technology Partners network, Innovation Works is strategically positioned in the market. Market research firms and analytics providers can help Innovation Works stay ahead of trends and competition by providing insights into the evolving startup landscape.

Innovation Works Tech Stack

Innovation Works uses 8 technology products and services including RSS, DoorDash, Papertrail, and more. Explore Innovation Works's tech stack below.

  • RSS
    Content Management System
  • DoorDash
    Food Ordering And Delivery
  • Papertrail
    Logging
  • Priority Hints
    Performance
  • Heroku
    Platform As A Service
  • Node.js
    Programming Languages
  • Flask
    Web Frameworks
  • MonsterInsights
    Web Platform Extensions

Media & News

Innovation Works's Email Address Formats

Innovation Works uses at least 1 format(s):
Innovation Works Email FormatsExamplePercentage
FLast@innovationworks.orgJDoe@innovationworks.org
90%
F.Last@innovationworks.orgJ.Doe@innovationworks.org
4%
First@innovationworks.orgJohn@innovationworks.org
4%
Last@innovationworks.orgDoe@innovationworks.org
2%

Frequently Asked Questions

Where is Innovation Works's headquarters located?

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Innovation Works's main headquarters is located at Nova Tower 2, Two Allegheny Center, Suite 100, Pittsburgh, PA 15212 US. The company has employees across 4 continents, including North AmericaAsiaAfrica.

What is Innovation Works's phone number?

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You can contact Innovation Works's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Innovation Works's official website and social media links?

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Innovation Works's official website is innovationworks.org and has social profiles on LinkedIn.

How much revenue does Innovation Works generate?

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As of April 2025, Innovation Works's annual revenue reached $7.5M.

What is Innovation Works's SIC code NAICS code?

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Innovation Works's SIC code is 6732 - Educational, Religious, and Charitable Trusts NAICS code is 541512 - Computer Systems Design Services.

How many employees does Innovation Works have currently?

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As of April 2025, Innovation Works has approximately 102 employees across 4 continents, including North AmericaAsiaAfrica. Key team members include Chief Operating Officer And Managing Director; Software And Alphalab: J. J.Chief Operating Officer: B. E.Chief Strategy Operations Officer: K. B.. Explore Innovation Works's employee directory with LeadIQ.

What industry does Innovation Works belong to?

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Innovation Works operates in the Venture Capital and Private Equity Principals industry.

What technology does Innovation Works use?

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Innovation Works's tech stack includes RSSDoorDashPapertrailPriority HintsHerokuNode.jsFlaskMonsterInsights.

What is Innovation Works's email format?

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Innovation Works's email format typically follows the pattern of . Find more Innovation Works email formats with LeadIQ.

How much funding has Innovation Works raised to date?

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As of April 2025, Innovation Works has raised $20M in funding. The last funding round occurred on Sep 13, 2022 for $20M.

When was Innovation Works founded?

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Innovation Works was founded in 1999.
Innovation Works

Innovation Works

Venture Capital and Private Equity PrincipalsPennsylvania, United States51-200 Employees

Innovation Works (IW) is the Pittsburgh region’s most active investor in and supporter of early-stage companies developing hardware, software and life sciences technologies.  

Though focused exclusively on helping startups in the southwest PA region, IW’s level of investment activity makes it one of the most active investors in the U.S.  Innovation Works is part of the statewide Ben Franklin Technology Partners, a network of four centers developed to help diversify PA’s economy and retain the state’s high caliber innovations that are invented and incubated here.  The Ben Franklin Technology Partners are partially funded by the Commonwealth of PA and overseen by the Department of Community and Economic Development. 

Founder of AlphaLab (http://alphalab.org)--one of the nation's top startup accelerators-- AlphaLab Gear (http://alphalabgear.org)--its hardware program -- AlphaLab Health (https://alphalabhealth.org/) -- its life sciences program and -- Robotics Factory (https://roboticsfactory.org/) -- its robotics program.

Section iconCompany Overview

Headquarters
Nova Tower 2, Two Allegheny Center, Suite 100, Pittsburgh, PA 15212 US
Phone number
SIC Code
6732 - Educational, Religious, and Charitable Trusts
NAICS Code
541512 - Computer Systems Design Services
Founded
1999
Employees
51-200

Section iconFunding & Financials

  • $20M

    Innovation Works has raised a total of $20M of funding over 1 rounds. Their latest funding round was raised on Sep 13, 2022 in the amount of $20M.

  • $10M

    Innovation Works's revenue is in the range of $10M

Section iconFunding & Financials

  • $20M

    Innovation Works has raised a total of $20M of funding over 1 rounds. Their latest funding round was raised on Sep 13, 2022 in the amount of $20M.

  • $10M

    Innovation Works's revenue is in the range of $10M

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