Fundraising Fox

OLEDWorks

Rochester, US · Founded 2010 · New York LLC

OLEDWorks develops and manufactures high-performance, multi-stack OLED (organic light-emitting diode) lighting panels, including segmented and bendable panels for automotive rear lighting under its Atala brand used by manufacturers such as Audi. It supplies OLED lighting technology to product manufacturers and the automotive industry and runs a Joint Development Program for prototyping OLED applications.

Advanced ManufacturingHardwareNew Materials

Founders & leadership

OLEDWorks was founded in 2010 by David J. DeJoy.

DJ
David J. DeJoyinFounder
JHJohn Hamer
John HamerinCIO
ML
Michael L. BorosonNamed on SEC filing

Board

HE
H. Edward ShillBoard director
DF
David FoxBoard director
DH
Daniel HallBoard director
MR
Mark ReddingBoard director
RF
Richard FoxBoard director

Reported raises · per SEC filings

Form D private placements

$32.6M disclosed across 4 of 7 rounds · 2011–2024

▶$316.2KraisedJan 2025 · 3 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • H. Edward ShillDirector
  • David FoxDirector
  • Michael L. BorosonExecutive Officer, Director
  • Daniel HallDirector
  • John W. HamerExecutive Officer, Director
  • David J. DeJoyExecutive Officer, Director
  • Mark ReddingDirector
Amount sold
$316.2K
First sale
Dec 2024
Incorporated
Limited Liability Company, New York
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$20MofferedMar 2022 · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • David C FoxDirector
  • David J. DeJoyExecutive Officer, Director
  • Mark ReddingDirector
  • Daniel HallDirector
  • Michael L. BorosonExecutive Officer, Director
  • John W. HamerExecutive Officer, Director
  • H. Edward ShillDirector
Offering amount
$20M
Minimum investment
$250K
Incorporated
Limited Liability Company, New York
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15MofferedOct 2020 · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael L. BorosonExecutive Officer, Director
  • John W. HamerExecutive Officer, Director
  • David J. DeJoyExecutive Officer, Director
  • David C FoxDirector
  • Daniel HallDirector
  • H. Edward ShillDirector
  • Mark ReddingDirector
Offering amount
$15M
Minimum investment
$25K
Incorporated
Limited Liability Company, New York
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15MofferedApr 2020 · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • John W. HamerExecutive Officer, Director
  • Mark ReddingDirector
  • Michael L. BorosonExecutive Officer, Director
  • David C FoxDirector
  • Daniel HallDirector
  • H. Edward ShillDirector
  • David J. DeJoyExecutive Officer, Director
Offering amount
$15M
Minimum investment
$50K
Incorporated
Limited Liability Company, New York
Federal exemptions
06b, 4a5
Full filing on SEC EDGAR ↗
▶$12.8MraisedJan 2019 · 38 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard C. FoxDirector
  • Mark ReddingDirector
  • David J. DeJoyExecutive Officer, Director
  • John W. HamerExecutive Officer, Director
  • Michael L. BorosonExecutive Officer, Director
Offering amount
$18.9M
Amount sold
$12.8M
Minimum investment
$50K
First sale
Feb 2017
Incorporated
Limited Liability Company, New York
Federal exemptions
06b, 4a5
Full filing on SEC EDGAR ↗
▶$17.8MraisedJun 2015 · 33 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • David J. DeJoyExecutive Officer, Director
  • Mark ReddingDirector
  • John W. HamerExecutive Officer, Director
  • Richard FoxDirector
  • Michael L. BorosonExecutive Officer, Director
Offering amount
$27.8M
Amount sold
$17.8M
Minimum investment
$50K
First sale
Nov 2011
Incorporated
Corporation, New York, 2010
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.6MraisedApr 2014 · 15 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael L. BorosonExecutive Officer, Director
  • John W. HamerExecutive Officer, Director
  • Richard FoxDirector
  • Mark ReddingDirector
  • David J. DeJoyExecutive Officer, Director
Offering amount
$2M
Amount sold
$1.6M
Minimum investment
$15K
First sale
Apr 2014
Incorporated
Limited Liability Company, New York, 2010
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap
Read on Scientific American73 shared keywordsScientific American is a media organization that publishes research and ideas across science, health, technology and society through multiple formats including print, web, video, and podcasts. Founded in 1845, it reaches over 20 million people monthly and maintains editorial independence while providing trustworthy science communication and commentary.
Life Time71 shared keywordsLife Time operates health and fitness clubs offering memberships with amenities such as pools, racquet courts, exercise programs, and wellness services. It serves individual consumers seeking fitness, recreation, and health-focused facilities.

Companies competing with OLEDWorks for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 13 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. ArmyArmyPhase II2023$1.7M
U.S. ArmyArmyPhase I2021$259.4K
Department of EnergyPhase I2021$200K
Department of EnergyPhase II2019$1M
Department of EnergyPhase II2018$1M
Department of EnergyPhase I2018$150K
Department of EnergyPhase I2018$150K
Department of EnergyPhase I2017$154.7K
Department of EnergyPhase I2017$150K
Department of EnergyPhase I2016$145.6K
Department of EnergyPhase I2015$148.4K
Department of EnergyPhase I2015$103.6K
Department of EnergyPhase I2014$141.2K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

LG Display to brand its maskless OLED production process as FLiPP | OLED-Infooled-info.com · Jul 2026LG Display advances with its plans to adopt eLEAP for IT OLED production, will make a final decision by end of 2026 | OLED-Infooled-info.com · Apr 2026HKC starts planning a 6-Gen OLED production line, approaches OLED equipment makers | OLED-Infooled-info.com · Apr 2026OLEDWorks | Company Profile - Revenue, Headcount, Tech Stack, Contactsbitscale.ai · Dec 2025LTOM to raise $108 million to increase its production capacity as demand for its OLED materials is rising | OLED-Infooled-info.com · Nov 2025OLEDWorks GmbH Receives Regional Investment Funding to Expand Production Capacity for OLEDs for the Automotive Industry in Germanyfinance.yahoo.com · Jun 2025

Frequently asked questions

What does OLEDWorks do?
OLEDWorks develops and manufactures high-performance, multi-stack OLED (organic light-emitting diode) lighting panels, including segmented and bendable panels for automotive rear lighting under its Atala brand used by manufacturers such as Audi. It supplies OLED lighting technology to product manufacturers and the automotive industry and runs a Joint Development Program for prototyping OLED applications.
Who founded OLEDWorks?
OLEDWorks was founded by David J. DeJoy in 2010.
How much funding has OLEDWorks raised?
OLEDWorks has disclosed $32.6M raised across 4 of its 7 known rounds.
Where is OLEDWorks headquartered?
OLEDWorks is headquartered in Rochester, US.