Fundraising Fox

iNetworks

Private equity

Pittsburgh · Seed–Late Stage · 8 people tracked

Fox Verdict
Sign up to see your fit

Investment thesis

iNetworks invests in three strategic areas: healthcare breakthroughs, resilient infrastructure, and emerging technologies. Historically focused on healthcare and life sciences, the firm has expanded into physical and cyber-security infrastructure, education affordability, energy efficiency, alternative fuels, and green-tech across clean water, clean fuel, and clean transportation. It targets early to mid-expansion stage companies (the 'compressed J-curve') and operates across the funding spectrum through IPOs and LBOs. Beyond capital, iNetworks provides experienced management, operational know-how, strategic guidance, board involvement, and AI tools. The firm emphasizes ESG principles, pursuing both exceptional financial returns and positive social and environmental impact through long-term value creation.

Source: firm website, verified Aug 7, 2026.

Stage
Seed–Late Stage
HQ
Pittsburgh, Pennsylvania, US
Instruments
Equity · Debt
Founded
1999
Tracked investments
24

Team · 8 people

from the firm's website & public directories

What they invest in

from 17 of 24 portfolio companies

Healthtech ×8Hardware ×4SaaS ×4Advanced Manufacturing ×3Biotech ×3Digital Health ×3Medical Devices ×3AI & Machine Learning ×2

HQs:United States×15

Who they back

founder profiles across 8 portfolio companies
63%
solo founders
5 of 8 mapped founding teams

Founding team size:solo founder×52 founders×24+ founders×1

Investments · 24 tracked

founders shown can be your intro path

By year:2024 · 12021 · 12019 · 12018 · 12017 · 12016 · 16 dated

Intuitive Machinesintuitivemachines.comNASDAQ: LUNR

Co-investorsBeyond Earth VenturesCapital FactoryIBXIndustrious VenturesKluz VenturesTactico

Irquarryirquarry.com✓ verified

Infrastructure Resources operates a 150-acre sandstone quarry producing Class A, E skid-resistant sandstone #8 used for road and bridge construction, along with an adjacent limestone quarry, serving infrastructure projects in the northeastern United States.

Construction TechNew MaterialsPunxsutawney, US

David Osikowicz(CEO & Co-founder)Patrick Osikowicz(Co-founder & Secretary-Treasurer)

Novian Healthnovianhealth.comin𝕏Jan 2024

HealthtechChicago, US

John Regan(Executive Officer, Director)Eugene Bajorinas(Vice President of Operations and Secretary)Henry Appelbaum(President, Chief Executive Officer, and Director)William Graveman(Vice President of Engineering)

BoardAnthony Tomasello(Chairman of the Board)

Board seatAnthony LacenereAnthony J. Tomasello· per SEC Form D

PennAlt OrganicsDec 2016SEC filinghigh confidence

Harmony, US

Ronald, Jr. Zorn(Director and President)John Smolic(Director and Executive Vice President)

BoardAnthony Tomasello(Director)Frank J. Costa, MD(Director)Jacques Moye(Director)Dawn Fuchs(Director)

Board seatAnthony J. Tomasello· per SEC Form D · $30M raise · filed Jan 2017

Rabble HoldingsJun 2018SEC filingmedium confidence

Pittsburgh, US

Patrick O'Connor(Executive Officer)Martin Griffin(Executive Officer, Director, Promoter)Chris Shipley(Executive Officer, Director)Jay Katarincic(Director)

BoardAnthony M. Lacenere(Director)

Board seatAnthony Lacenere· per SEC Form D · $1.9M raise · filed Jun 2018

Vizsafevizsafe.comApr 2017

Vizsafe offers Geoaware Intelligence, a real-time intelligence platform that converts complex location and operational data into situational awareness and actionable insights for organizations.

AI & Machine LearningEnterprise SoftwareSaaSMiddletown, US

Peter Mottur(Executive Officer, Director)

BoardClaude Sheer(Director)Jack Swartz(Director)

Board seatAnthony LacenereAnthony J. Tomasello· per SEC Form D

Wenzel Spinewenzelspine.comin𝕏Jan 2019

Wenzel Spine is a medical technology company that develops and manufactures products for minimally invasive spine surgery, including stand-alone spine fusion devices.

Advanced ManufacturingBiotechHardwareHealthtechMedical DevicesAustin, US

William Wilson(Executive Officer)Chad Neely(Executive Officer, Director)

BoardPhillip Hodges(Director)Jerry DeVries(Director)inRussell C. Joseph(Director)Warren Neely(Director)

Board seatAnthony Lacenere· per SEC Form D

Co-investorsCentral Texas Angel NetworkRedmont CapitalTEXO Ventures

CIMA Life Sciencecimatechinc.com

CIMA Technology Inc. designs, manufactures, and distributes ophthalmic products used in cataract surgery, including intraocular lenses, visco-surgical devices, and intraocular lens injector systems.

Advanced ManufacturingHealthtechMedical Devices

Cognition Therapeuticscogrx.comin𝕏

Cognition Therapeutics is a clinical-stage biotechnology company developing zervimesine (CT1812), an investigational once-daily oral small-molecule therapy designed to protect brain synapses by blocking toxic protein oligomers.

BiotechHealthtechPittsburgh, US

Susan Catalano(Executive Officer, Director)Harold Safferstein(Executive Officer, Director)

BoardNada Jain(Director)Franz Hefti(Director)Robert Gailus(Director)Mark Breedlove(Director)

Co-investors3E Bioventures CapitalAtlanta Technology AngelsHouston Angel NetworkDolby Family Ventures

Compassionatecertificationcenterscompassionatecertificationcenters.comin

Compassionate Certification Centers (CCC) is a physician-owned service that certifies patients for medical marijuana programs and issues medical cannabis (MMJ) cards via telemedicine appointments.

Digital HealthHealthtechWellness & Fitness

Digital Dream Labsdigitaldreamlabs.com𝕏Jul 2021

Develops engaging learning robots including Cozmo coding robot and Vector AI companion robot for educational purposes.

Pittsburgh, US

Harry Jacob Hanchar(Executive Officer)Peter Borman Kinney(Executive Officer, Director)Justin Sabo(Executive Officer, Director)Matthew Stewart(Executive Officer, Director)

Co-investorsBeresford VenturesMonozukuri Ventures

Egsolegsol.com

Electronic Game Solutions (EGS) develops linked bingo games, point-of-sale systems, and cashless transaction and software verification technology for the charitable gaming industry and cruise line operators.

GamingHardwareSaaS

Dean Falvo(Founding Partner, President & CEO)Larry Midows(Founding Partner, VP & CFO)Sean Sullivan(Founding Shareholder & COO)John Smolic(Founding Partner & Executive Chairman of the Board)

George Washington Universitygwu.edu
Indigo Biosciencesindigobiosciences.comin

INDIGO Biosciences is a life sciences company led by professionals with expertise in life sciences, business management, and operations.

AI & Machine LearningBiotechDeep TechMedical DevicesState College, US

Dr. Jack Vanden HeuvelDr. Blake Peterson

Co-investorsBroad Street AngelsLife Sciences Greenhouse InvestmentsKeiretsu Capital

Onelogosonelogos.com𝕏

OneLogos provides financial aid planning and matching tools for students, counselors, lenders, and foundations, including services to build customized plans to pay for college and automate scholarship applications.

EdTechFintechSaaS

Penn Health Grouppennhealthgrouppa.comin

Penn Health Group operates a portfolio of healthcare brands focused on delivering medical care to patients.

Healthtech

Pentec Health Celebrates 35th Anniversaryin𝕏

This page is a distribution, marketing, and reseller partner directory for PRWeb, an online press release distribution service.

Marketing TechMedia & EntertainmentSaaS

Co-investorsAdvance Venture PartnersAngel Physicians FundAvestria VenturesAviv Venture CapitalBIGR VenturesBlue Venture Funds+15 more

Propel

iNetworks portfolio company where its Director of Operations also works, with a background in logistics, technology, and transportation.

Propelcogensolutionspropelcogensolutions.com

Propel CoGen Solutions builds on-site cogeneration microgrids that deliver combined electrical and thermal power for businesses, healthcare facilities, and transportation infrastructure.

CleantechClimate TechEnergyPittsburgh, US

Sparktsparkt.com
Terralineterralinetrucks.comin

Terraline offers a software-defined vehicle (SDV) platform that unifies vehicle control and telemetry, providing over-the-air updates, digital dashboards, and autonomy-ready APIs for intelligent machines and vehicles.

HardwareIoTMobility & TransportationMountain View, US

Co-investorsManiv MobilityTrucks VCWireframe Ventures

Unequalunequal.com𝕏

Unequal makes protective sports equipment, including head protection and FDA-cleared Commotio Cordis chest protection products, using materials such as Kevlar to reduce impact acceleration.

Advanced ManufacturingHardwareNew MaterialsSports TechGlen Mills, US

Robert A. Vito(Executive Officer, Director)

UPMCupmc.comin𝕏

UPMC operates a network of hospitals and health care facilities, offering medical services and specialties such as cancer care, cardiology, neurosciences, orthopaedics, and behavioral health.

Digital HealthHealthtech

West Penn Allegheny Health Systemahn.orgin𝕏

Allegheny Health Network (AHN) is a health system operating hospitals, urgent and express care centers, and outpatient facilities across western Pennsylvania.

Digital HealthHealthtech

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 1

IPOs and acquisitions across the tracked portfolio

Intuitive MachinesNASDAQ: LUNR

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has iNetworks made?
iNetworks has 23 tracked investments.
What stage does iNetworks invest at?
iNetworks invests at the Seed, Series A, Series B, Growth, Late Stage stages.
What sectors does iNetworks focus on?
iNetworks focuses on Biotech, Cleantech, Cybersecurity, Digital Health, EdTech, Energy, Enterprise Software, Healthtech, Impact & Social Good, Medical Devices.
Where is iNetworks located?
iNetworks is headquartered in Pittsburgh, US.
Who does iNetworks co-invest with?
iNetworks most often shares deals with Buoyant Ventures Management, Llc, Capital Factory, Civilization Ventures Management, Llc, among 40 tracked co-investors.

Images

iNetworks photo

Similar investors

Featured in lists