ED  Ben Franklin Technology Partners of Southeastern Pennsylvania

http://www.sep.benfranklin.org





     Office Locations:

Building 100 Innovation Center
4801 S. Broad St, Suite 200, The Navy Yard
Philadelphia, PA 19112
Phone: 215-972-6700
Fax: 215-972-5588

 

Stages:

  • Early
  • Growth
  • Seed


 

Industries:

  • Communications & Networking
  • Energy & Clean Tech
  • Financial Services
  • Food & Agriculture
  • Information Technology
  • Life Sciences & Healthcare
  • Medical Device
  • Software & Internet

  •  

    Description:

    Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) was established in 1982 to stimulate economic growth through innovation, entrepreneurship and the development and adoption of new technologies. BFTP/SEP is part of a statewide network supported by the Pennsylvania Department of Community and Economic Development and has provided more than $165 million to grow more than 1,750 regional enterprises. The firm's investments are made from three different funds that address specific stages of development. The Innovation Fund provides up to $100K for prototype refinement and/or very early commercialization efforts. The Emerging Fund invests up to $750K over multiple funding rounds for product or process development, and/or commercialization efforts. The Technology Commercialization Fund provides up to to $50K for select university and research institution spin-out companies. BFTP/SEP is the commercialization partner for the Greater Philadelphia Innovation Cluster (GPIC) national energy hub, and the founding partner of the Energy Commercialization Institute (ECI). BFTP/SEP is the founding partner of The Nanotechnology Institute (NTI), Emerald Stage2 Venture Fund (see profile), and numerous other programs and initiatives.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Adara McMillan Chief Administrative Officer and Assistant Treasurer
    Alan R. Kraus Director of Investments
    Anthony P. Green PhD Vice President Technology Commercialization
    Jennifer Hartt Director of Investments
    Mark de Grandpre PhD Director of Investments

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      03/29/2018


      RoundTrip


      PA


      $1,900,000


      Seed


     

    Portfolio companies include:


      AboutOne
        web link


      AcademyOne
        web link


      Advanced Mobile
        web link


      Airput.com
        web link


      Aklero Risk Analytics
        web link


      Altosoft
        web link


      Appligent
        web link


      Aprecia Pharmaceuticals
        web link


      Automated Currency Instruments
        web link


      Aviom
        web link


      Bioconnect Systems
        web link


      Brad\'s Raw Chips


      Bulogics
        web link


      CeeLite Technologies
        web link


      Centrak
        web link


      Ceptaris Therapeutics
        web link


      Digital Life Technologies
        web link


      Eclipse Services
        web link


      EyeIC
        web link


      Fastlane Software
        web link


      First Flavor
        web link


      GridPlex Networks
        web link


      HealthQx
        web link


      KeraThin
        web link


      Knowledge Flow
        web link


      MicroMRI
        web link


      OxiCool
        web link


      Progenra
        web link


      Relmada
        web link


      RoundTrip
        web link


      Syandus
        web link


      Tadpolesdus
        web link


      UgMO Technologies
        web link


      Uramix
        web link


      VitalTrax
        web link


      WizeHive
        web link


      Yorn
        web link


      Zagster
        web link


      Zonoff
        web link


     

    Recent News:


      There is no recent news for Ben Franklin Technology Partners of Southeastern Pennsylvania.