Blog

Clutch Raised $5.25 million and Acquired Chicago Company, Persio

January 17, 2017

Ambler-based marketing company Clutch has announced its acquisition of Chicago-based company Persio for an undisclosed amount. It also announced a $5.25 million round of funding, bringing the total fundraising to nearly $20 million. Persio, founded in 2012, is an intelligent mobile promotions platform. It has led hundreds of successful campaigns for retailers with inventive mobile marketing techniques like mobile scratch-and-win offers […]

Upcoming Event: Chime in on the Future of Health IT Growth in Philly

January 12, 2017

Last December, Philly’s potential for health IT growth got a boost. Alongside Safeguard Scientifics and Independence Blue Cross, we announced a $6 million fund for early-stage health IT companies in the Greater Philadelphia region. And now, we’re hosting a chat on what that growth should look like. On Jan. 31, execs from each of the partnering organizations will take your […]

Venture Capital’s Bold Move into Population Health

January 10, 2017

Two years ago, Raul Jain joined forces with a friend and others to create TowerView Health, a low-tech prescription management service. Now, the four founders were just named to the Forbes “30 Under 30” list. Startups like TowerView, which offer practical solutions for managing populations, are attracting serious investor interest. Global population health management as […]

Local Startup Viridity Energy Announces Acquisition by Ormat Technologies

January 9, 2017

Ormat Technologies has acquired Viridity Energy, a Philadelphia-based energy tech startup and Ben Franklin portfolio company. The Nevada-based geothermal and renewable energy company will purchase Viridity for an initial consideration of $35 million. Ormat purchased the private company based at Ten Penn Center in Center City with the aim of bringing on its proprietary SaaS platform that manages energy demand, […]

Personnel Profile: New Faces, New Roles

January 6, 2017

First and foremost, on behalf of the entire Ben Franklin team, I want to wish everyone a very prosperous and healthy New Year. 2016 was a noteworthy year for us, from the launch of ImpactPHL to the recent announcement of our digital health partnership with Safeguard Scientifics and Independence Blue Cross. Furthermore, we had many exciting changes […]