Our Portfolio Companies

Explore the visionary startups in our portfolio—innovating across software, robotics, healthcare, and hardware—to solve real-world problems and shape the future from Pittsburgh and beyond.

Innovation Works is proud to support a diverse portfolio of startups that are driving innovation, creating jobs, and transforming industries. From robotics and AI to healthcare and advanced manufacturing, our companies represent the best of Southwestern Pennsylvania’s thriving tech ecosystem. Explore their stories and see how they’re making an impact.

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Specialties

Portfolio Companies

4moms (Thorley Industries) introduced robotics technology to the juvenile industry with it’s innovative 4moms products designed to meet parents’ real needs. Products include: The mamaRoo® infant seat designed to move the way parents do; The origami® stroller, the world’s first power-folding stroller; The breeze™ playard that opens or closes in one easy step, and The cleanwater collection™ infant tub and faucet cover with built-in digital thermometers.

4moms is now part of UPPbaby.

Consumer Products | Electronics | Exit | Hardware

AccelDx is a medical device company developing pScreen™, a disruptive blood testing platform for the diagnosis and management of medical conditions in the Home/Point-of-Care setting. AccelDx’s solution enables physicians/patients to manage diseases in a timely and effective manner, thereby reducing cost and hospitalizations. AccelDx is currently focusing on pScreen-BNP™ for the in home daily monitoring of heart condition to prevent heart failure (HF) related re-hospitalizations: an untapped market opportunity of $1.9B.

AlphaLab | Life Sciences | Medical Devices | Seed Fund | Software

Accipiter Systems, Inc. is a leading developer of innovative data networking solutions. We offer data networking products that deliver higher value to the customer through the use of disruptive technologies. Accipiter Systems is providing differentiating data networking expertise to government agencies, DoD contractors and commercial companies.

AI/ML | Electronics | Government | Hardware | Information Technologies | Software

ActivAided Orthotics has developed a line of Postural Training Apparel to eliminate back pain by training self-corrective habits. By using the body’s own natural abilities, this wearable device addresses the root cause of back pain by teaching patients how to correct the harmful behaviors in their everyday activities. ActivAided’s first product RecoveryAid was found to decrease back pain in 90% of users, helping them return to their desired active lifestyles

Elizur acquired ActivAided Orthotics in 2016.

AlphaLab | Exit | Life Sciences | Medical Devices | Seed Fund

Admirra provides a HIPAA-compliant CRM platform designed for healthcare and regulated industries. The platform enables secure management of communications, engagement, and relationship data while maintaining strict compliance requirements. Admirra helps organizations modernize operations without compromising data privacy or security.

AlphaLab | Enterprise Software | Healthcare IT | Information Technologies | Seed | Software as a Service / Cloud Computing
Later Stage VC
Adrich

Adrich is an AI meets IOT consumer insight company that specializes in the design and deployment of the world’s first “patented” Smart Consumer Platform, unveiling true qualitative and quantitative consumer usage data. Our end-to-end solution is powered by proprietary machine learning algorithms, coupled with real-time analytics that are captured through our smart product usage trackers. The output is an incomparable perspective into True Consumer Usage Behaviors. With Adrich, brands can now better understand how consumers interact with their product through real-time usage data such as time of day of use, day of week of use, and when consumers run out of product therefore providing a means to increased consumer satisfaction, sales and marketing optimization, and predictive consumer insights for continued brand growth.

Adrich is headquartered in Pittsburgh, PA and backed by Sony Innovation Lab, Plug & Play Ventures and Idea Fund Partners. Currently, Adrich has seven Fortune 500 Consumer Packaged Goods companies on their Smart Consumer Platform.

Advertising/Marketing | AI/ML | AlphaLab Gear | Consumer Products | Hardware | Internet/IoT | Later Stage VC | Software

AdSkate developed an AI-powered creative analytics and marketing intelligence platform that helped brands and agencies understand, predict, and improve advertising performance. Its technology analyzed images, video, messaging, and audience data to identify the creative elements driving engagement, conversions, and return on ad spend. AdSkate was acquired by Pittsburgh-based integrated marketing agency Brunner in July 2026, bringing its technology and team into Brunner’s growing suite of AI-enabled marketing intelligence solutions.

Read about the AdSkate journey with Innovation Works here.

Advertising/Marketing | AI/ML | AlphaLab | Exit | Seed Fund | Software | Software as a Service / Cloud Computing
Early Stage VC
Advanced Optronics
AlphaLab Health | Early Stage VC | Life Sciences | Medical Devices

Aethon is the leader in the business of low-cost, pilot-less hauling of materials indoors. We substitute a pilot-less Tug® for a person. Our competitive advantage is our patented indoor positioning system, with a manufacturing cost a fraction of our competitors, which navigates with ±3″ accuracy and allows us to automate indoor transport at one-fourth the cost of a person pushing a cart.

Aethon was acquired by ST Engineering in 2017.

Exit | Hardware | Life Sciences | Robotics | Software | Supply Chain/Logistics | Transportation

Agentase, LLC (an ICx company) is a technology company founded in December 1998 by Dr. Keith LeJeune and Dr. Alan Russell, two of the nation’s leading experts on enzyme-polymer hybrid materials. The company possesses proprietary and patented technology in the synthesis and potential applications of enzyme containing polymers. ICx Technologies agrees to be acquired by FLIR Systems 8/16/10

Exit | Software | Software as a Service / Cloud Computing