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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.

Innovation Works Questions

The Innovation Works annual revenue was $14.6 million in 2026.

Steven Welles is the Managing Director, Software of Innovation Works.

69 people are employed at Innovation Works.

Innovation Works is based in Pittsburgh, Pennsylvania.

The NAICS codes for Innovation Works are [813, 523, 8132, 813211, 81321, 81, 52].

The SIC codes for Innovation Works are [67, 679].

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