IN

Innovation Works Seed Fund

VC
Pittsburgh, PAWebsite
How to approach: cold outreach ok
Stage

Pre-Seed, Seed

Check Size

$500K – $1.5M

Portfolio

5+ companies

Team

4 partners

Investor activity
Investments in last 12 months: 0

Investment Thesis

Funds scalable technology companies mainly at the earliest stages in Pennsylvania and beyond.

Meet the Team

RL

Rich Lunak

President

Early-stage startups
Funding for B2B tech
JJ

Jim Jen

Managing Partner

seed stage
venture capital
accelerators (AlphaLab)
MF

Mike Formica

Managing Partner

hardware
manufacturing
robotics
physical product companies
MS

Megan Shaw

Managing Partner

life sciences
healthcare startups
clinical innovation

Industry Focus

Invests In

Other
Enterprise

Portfolio Companies (5)

Other

AC

Accel Diagnostics

Healthtech SaaS
NO

NoWait

Enterprise Solutions
AD

Adrich

DE

DermaBio

IT

iTruckr

How to pitch Innovation Works Seed Fund
  • Raising at Pre-Seed, Seed? You're squarely in their sweet spot.
  • Lead with your fit in Other, Enterprise — the sectors they actively back.
  • Size your ask to their typical $500K – $1.5M check.
  • cold outreach ok
  • Address your outreach to a specific partner, such as Rich Lunak, President.
  • A warm introduction beats a cold email. Get matched and request an intro.

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