Tech News

M&A Moves: Philly’s Piano is Acquiring SocialFlow and Blue Bell’s Anexinet is Merging

February 14, 2022

It’s an acquisition and a merger for two Philadelphia-area companies, as Piano and Anexinet both announced new expansions on Thursday. Piano acquired SocialFlow The Bourse-based B2B media software company, which last spring raised an $88 million Series C, has acquired SocialFlow, a New York City social distribution and marketing platform for media companies. The addition […]

Real Estate Tech Company Houwzer Raised a $118M Series B as it Introduces New Products

February 9, 2022

Philadelphia-based real estate company Houwzer has raised a $118 million Series B, the company announced Tuesday. The round includes $18 million in equity and a $100 million warehouse line of credit, led by Edison Partners. It brings the total equity funding for the B Corp — which operates locally and in DC, the greater Maryland […]

Phenom’s Made its 4th Acquisition in 16 Months as the HR Tech Biz Expands its European Reach

February 4, 2022

In the first half of 2021, HR tech company Phenom announced three acquisitions as it bolstered its business for an inevitable IPO. And here comes the fourth: Today, the Ambler-based company announced it has acquired 2013-founded Tandemploy, a Berlin-based HR tech company focused on solving key problems associated with employee experiences. The addition enhances Phenom’s […]

CLX Health Acquires SymCheck

January 28, 2022

CLX Health, a leading developer of cloud-based solutions for managing the COVID-19 testing ecosystem with their TrustAssure™ Global Network, today announced it acquired SymCheck®, an automated mobile health screening, assessment and compliance software platform. The acquisition was finalized on December 29, 2021, and includes SymCheck and parent-company Yorn, a healthcare-focused, patient experience technology company. Richard […]

Startup Storytelling isn’t Just for Closing Deals. It’s Also for Hiring, Bruce Marable Says

January 24, 2022

It’s all about the story. That’s the main lesson that Bruce Marable, cofounder and CEO of HR tech startup Employee Cycle, got from his time in Comcast NBCUniversal’s future of work-focused LIFT Labs Accelerator powered by Techstars, which ended in November after 12 intensive weeks. “Storytelling is always key, and that’s what’s been reinforced,” he […]

This Philadelphia Startup Tells You What Your Old Baseball Cards are Worth — With Just a Photo

January 19, 2022

Break out those old binders and bins from your mom’s attic — a Philadelphia startup built a new app for collectors to find out what their trading cards are worth. CollX, pronounced “collects,” uses image-based technology to identify trading cards and determine how much they’re worth in real time, while also letting users digitize their […]

13 Philadelphia-Area Startups to Keep Your Eye on in 2022

January 10, 2022

Soaring investor confidence in 2021 led to accelerated funding activity for enterprising technologies, entrepreneurs and businesses in Greater Philadelphia. Startups throughout the region raised record amounts of capital last year while posting tremendous growth, even as the Covid-19 pandemic continued to impact the global workforce and supply chain. Recognizing some of the most promising startups, […]

Deals That Transformed Philly’s Tech Scene in 2021

December 28, 2021

The relentless rise in U.S. tech stock prices since the last recession, and the private-company valuations that follow those stock trends, this year fueled a rush of deals by Big Tech and private-equity giants, reshaping the landscape of Philly’s technology employers alongside everyone else. Just last week, Oracle, the Silicon Valley business-software giant, which has […]

GoCoach Raises $3.5 Million Seed Round Led by Panoramic Ventures to Help Organizations Coach and Upskill Workforces

December 14, 2021

GoCoach, an upskilling, workplace learning, and coaching platform, has secured an oversubscribed venture round led by Panoramic Ventures. Other investors participating in the round include Early Light Ventures, Zane Capital, WGU Labs, RevUp Capital, Gaingels, Ben Franklin Technology Partners, and Global Super Angels Fund. The caliber and variety of investors participating in this round demonstrates […]

Philadelphia Adtech Startup Sidecar, Backed by $33.5M in Funding, Acquired by New York Competitor

December 14, 2021

Philadelphia advertising technology startup Sidecar has been acquired by New York-based competitor Quartile. The deal closed last week, and the terms were not disclosed. Sidecar will take Quartile’s name, and the company will retain its office at One South Broad in Philadelphia. The acquisition will fold Sidecar’s 180 employees into Quartile, bringing the total headcount […]