VC  Penn Venture Partners

http://www.pennventures.com





     Office Locations:

132 State Street, Suite 200
Harrisburg, PA 17101
Phone: 717-236-2300
Fax: 717-236-2350

 

Stages:

  • Expansion
  • Growth


 

Industries:

  • Information Technology
  • Manufacturing & Industrial

  •  

    Description:

    Penn Venture Partners, LP is a New Markets Venture Capital Fund, approved by the U.S. Small Business Administration (SBA), and focused upon growth and expansion stage venture capital investment within certain underserved markets located in the Commonwealth of Pennsylvania. Penn Venture Partners seeks long-term capital appreciation primarily through growth and expansion stage venture capital investments in companies located within Central and Northern Pennsylvania. Each initial investment is expected to range from $500,000 to $1,000,000, depending upon the needs of the particular company. The total investment in any particular portfolio company, including follow-on financing as the portfolio company achieves its goals, will generally not exceed $2,000,000. Eighty percent of portfolio companies must initially satisfy the SBA-required size limitation for smaller businesses. These general limitations are a net worth no greater than $6 million and, for each of the prior two years, annual profit after tax must not exceed $2 million. The overall portfolio objective is a diversified portfolio of companies whose industries may broadly include: Agribusiness, Energy and Environmental Technology, Alternative Energy, Marketing and Distribution, Basic Manufacturing, Materials Technology, Biotechnology and the Life Sciences, Networking Systems, Computer Hardware and Software, Powdered Metals, e-Business Infrastructure and Interactive Media, Telecommunication Technology, Education Products and Services, Publishing, and Business Services.



    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.
    Dean M. Kline Managing Director
    Robert A. Graham Managing Director
    Thomas A. Penn Managing Director

     

    Portfolio companies include:


      Benten BioServices
        web link


      BioHitech America
        web link


      Corporate University Xchange
        web link


      CorpU
        web link


      CyberPatrol
        web link


      e-TravCo
        web link


      Harrisburg Senators Minor League
        web link


      Journal Publications
        web link


      NanoHorizions
        web link


      Probity Medical Transcription
        web link


      Thermacore
        web link


     

    Recent News: