About Innovation Works
Innovation Works was founded in 1999 in Pittsburgh, United States, and operates as a venture capital and startup accelerator firm. Investments are directed toward early-stage companies in software, hardware, and life sciences sectors. Acceleration programs are provided to support business development and growth. Operations are centered in the Pittsburgh region, with board members and executives overseeing strategic initiatives and portfolio management.
- Headquarter Pittsburgh, United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Innovation Works
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1 M (USD), Grant
Sep 23, 2010
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Investors
National Science Foundation
& 1 more
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Employee Count
Employee Count
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Funding Insights of Innovation Works
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $1.0M
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First Round
First Round
(09 Nov 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2010 | Amount | Grant - Innovation Works | Valuation |
investors |
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| Oct, 2009 | Amount | Grant - Innovation Works | Valuation |
investors |
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| Nov, 2007 | Amount | Grant - Innovation Works | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Innovation Works
Innovation Works has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include National Science Foundation and National Oceanic and Atmospheric Administration. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A government-backed foundation providing seed-stage investments to support small businesses.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Innovation Works
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Innovation Works
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Innovation Works Comparisons
Competitors of Innovation Works
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Innovation Works
When was Innovation Works founded?
Innovation Works was founded in 1999 and raised its 1st funding round 8 years after it was founded.
Where is Innovation Works located?
Innovation Works is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
What does Innovation Works do?
Innovation Works was founded in 1999 in Pittsburgh, United States, and operates as a venture capital and startup accelerator firm. Investments are directed toward early-stage companies in software, hardware, and life sciences sectors. Acceleration programs are provided to support business development and growth. Operations are centered in the Pittsburgh region, with board members and executives overseeing strategic initiatives and portfolio management.
Who are Innovation Works's investors?
Innovation Works has 2 investors. Key investors include National Science Foundation, and National Oceanic and Atmospheric Administration.
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