Rich Lunak

Rich Lunak

Managing Director

Phone: 412.681.1520

Rich has 20 years experience as a successful technology entrepreneur and corporate executive, having led Automated Healthcare from a three-person startup to a $65 million acquisition by McKesson Corporation. As the Group President of McKesson Automation, Rich led five business units that served more than 13,000 customers, generated several hundred million dollars in annual revenue, and employed over 1,800 people.

Since 2005, Rich has served as President and CEO of Innovation Works, one of the nation’s most active seed-stage investors, where he has directed approximately $40 million of investment dollars to early stage companies in southwestern Pennsylvania.

Rich received a Bachelor’s Degree in Electrical and Computer Engineering from Carnegie Mellon, a Master’s Degree in Business Administration from the University of Pittsburgh, and holds several U.S. patents. He is a guest lecturer at the University of Pittsburgh and Carnegie Mellon and is a member of numerous Boards of Directors. For several years, Rich served as an officer of the Pittsburgh Venture Capital Association. He is the winner of the 2008 Carnegie Science Center entrepreneur’s award and winner of the Ernst & Young 2012 Supporter of Entrepreneurship Award for the Western Pennsylvania and West Virginia region.