Riverfront Ventures

About The Fund

Riverfront Ventures is an early-stage venture capital firm based in Pittsburgh, Pennsylvania, specializing in raising and managing funds to invest in innovative startups. They focus on a variety of sectors, including software, IT, biotech, hardware, energy, healthtech, medical devices, robotics, and life sciences. As the venture capital arm of Innovation Works, Riverfront Ventures benefits from being part of one of the most active seed-stage investment environments in the country. Drawing on the experience of Innovation Works’ various programs and accelerators, such as AlphaLab accelerator, Robotics Factory, and the seed fund, they are equipped to support early-growth stage tech companies. Their investment thesis revolves around partnering with startups that have demonstrated a proven market fit and are ready to scale their operations. Riverfront's typical initial investments range from $250,000 to $1 million, with additional funds reserved for follow-on investments. They are committed to doubling down on the best companies, offering guidance through funding rounds, team building, and strategic partnerships. Continuing their support for the Pittsburgh tech ecosystem, they are uniquely positioned to drive their portfolio companies to succeed globally. Additionally, Riverfront Ventures values creating synergies through a funnel of top-ranked accelerators associated with Innovation Works, including AlphaLab, AlphaLab Gear, AlphaLab Health, and the Robotics Factory. These accelerators provide a range of resources, from mentorship and educational sessions to office space and hands-on engagement, all tailored to their respective industry focuses. Riverfront Ventures' involvement across these accelerators allows them to tap into a pool of ambitious entrepreneurs, thereby enriching their investment portfolio with startups poised for growth and innovation.