Far-Reaching Impact

As the single largest investor in seed-stage companies here, IW fuels the entrepreneurial economy in Southwestern PA.

In 2010, the most recent year for this data, IW invested roughly $5 million directly in companies, helping them commercialize new technologies and create 452 high-skill jobs in nanotechnology, robotics, life sciences, software and other high-growth industries. We also helped them attract $193 million in follow-on investment from private and other sources, a significant increase over the previous year. In fact, 25 of our portfolio companies raised more than $1 million in follow-on investments last year. This brings IW's total follow-on funding to more than $1 billion in the past twelve years.

Many of the region's largest and most successful technology companies count IW among their earliest funders, including: Medrad, FreeMarkets (Ariba), Extrude Hone, Ansys, Ansoft, TrueCommerce,
II-VI, McKesson Automation (Automated Healthcare), and Vocollect.

IW 2010 Community Report