J.P. Morgan Chase is buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending. The bank agreed on Friday to purchase the Philadelphia-based company of about 300 employees that processed $94 billion in transactions last year, according to the two companies. J.P. Morgan is paying more […]
In a way, Philly’s ROAR for Good — once the makers of a safety wearable device for the consumer market called Athena — was a victim of its own success. Its sleek-looking safety device, gleaming in silver or rose gold, and marketed as a protection tool against sexual harassment, began shipping to users in 2017, after a wildly over-subscribed […]
A $150,000 check from Capital One will let Philly-based Choosito continue to develop and deploy its edtech platform for refugee children as it makes it way through the XPRIZE IBM Watson competition. Choosito, an alum of IC@3401, is one of the 30 finalists in the four-year global competition, which aims to find impactful use cases for artificial intelligence technologies to take on […]
LeagueSide, the nation’s leading youth sports marketing company enabling regional and national brands to sponsor youth sports leagues, has announced the kickoff of 2019 campaigns for prominent brands, including: Apparent Insurance, CityMD, Comerica, GoGo squeeZ, Noodles and Company, Meiji Hello Panda, Netspend, Popsicle®, Post Consumer Brands, The Franklin Institute and UPMC Health Plan. Based on […]
Renowned chefs José Andrés and Michael Solomonov, Philadelphia coffee company La Colombe and national chain TGI Fridays are just a few names using a platform by a growing, venture-backed Philadelphia restaurant technology company now in a Series A round. Three years ago, local entrepreneurs Andy Schwartz, Bhavik Patel and Chaz Brown set out to make […]
Once upon a time, video games were pretty basic. Consider Pac-Man, the chomping mouth that devoured small dots while moving through a maze. Now, games are so complex that players need Excel spreadsheets, calculators, and troop-deployment schedules to wage virtual wars, capture castles, and build strategic alliances with players in other states and countries. Having […]
Orai, a startup building communication coaching tools, is announcing that it has raised $2.3 million in seed funding. CEO Danish Dhamani said that he co-founded the company with Paritosh Gupta and Aasim Sani to address a need in his own life — the fact that he was “held back personally and professionally” by lackluster “communications […]
While #MeToo and #TimesUp shaped much of public discourse over the past year, another — perhaps lesser-known — hashtag looks to put an end to the quiet suffering of hotel industry employees. With #HandsOffPantsOn, activists are trying to put an end to sexual violence, harassment and overall unsafe working conditions for hotel industry workers. In […]
It’s a phrase that countless start-ups use when they feel as if they have gained enough traction: “We’re the Uber of (fill in an industry here).” There are companies like Instacart and AmazonFresh, considered disruptors of the grocery industry. There’s Roadie, the delivery service that connects people who have stuff to send with drivers already heading that way. Even […]
Piano, the leading content monetization and audience intelligence technology company, today announces it raised a $22M Series B funding round, led by Updata Partners. This comes as a result of Piano’s recent successes and corresponding growth, equipping it to build on star products and expand into new markets and sectors. The award-winning Piano platform is comprised of […]
