Blog

Houwzer, Phenom, Piano and more Philly Tech Companies Made 2021’s Inc. 5000 list

August 18, 2021

The 2021 edition of the Inc. 5000 list, a roundup of the country’s fastest-growing private companies, was released Tuesday, and Philadelphia-area companies made a strong showing again. This year’s list comes amid a continuing global pandemic, taking stock of the companies that report three-year revenue growth. Out of the top 5,000 companies, 149 come from […]

NeuroFlow Targets ‘Sweet Spot’ for Growth by Working with Value-Based Health Care Clients

August 13, 2021

Mental health startup NeuroFlow is looking at health systems pursuing value-based payment models as an avenue for growth. NeuroFlow sees an opportunity to expand its reach through health systems that are using value-based reimbursement plans, which focus on better health outcomes rather than being paid for specific services, Chief Operating Officer Adam Pardes said. The […]

Navrogen Announces The Closing Of $3.2M Funding To Support Its Humoral Immuno-Oncology Platform Discovery Technologies And Preclinical Pipeline

August 10, 2021

Navrogen, Inc. announced today that it has raised $3.2M in convertible note financing to support its operations, Humoral Immuno-Oncology (HIO) discovery platform and preclinical therapeutic pipeline activities. The financing was led by Ben Franklin Technology Partners of South Eastern Pennsylvania and a number of private investors. Previous clinical studies have confirmed that tumors produce immune […]

E-stethoscope Developer Strados Labs Raises $1.93M From Private Stock Sale

August 6, 2021

Philadelphia medical device developer Strados Labs raised $1.93 million in a private stock sale. Strados founder and CEO Nicholas Delmonico could not be reached for comment on the company’s plans for the funds. The financing was disclosed in documents the company filed with the Securities and Exchange Commission. In December, Strados received Food and Drug […]

5 Years of ImpactPHL Ventures: ‘Big Change can be Enabled with Key, Early Investments’

August 2, 2021

In 2016, Philadelphia’s economy was doing well by many traditional measures, boasting nine consecutive years of population growth, declining unemployment, increasing levels of educated residents, and a growing national reputation as a startup and technology hub. Ben Franklin Technology Partners, having invested $200 million in more than 2,000 companies generating more than 32,000 jobs since […]