Ben Franklin Technology Partners of Southeastern Pennsylvania

Ben Franklin Technology Partners of Southeastern Pennsylvania is a technology-focused capital provider based in Philadelphia, founded in 1982 to advance the region's technology community. The organization funds and supports technology companies across Pennsylvania, especially in information technology, health, and physical sciences, investing substantial capital in early-stage and established ventures. It has invested over 170 million dollars in more than 1,750 regional technology companies and has launched university-industry partnerships to translate scientific discoveries into commercial products, while seeding regional initiatives that strengthen the entrepreneurial ecosystem and create jobs.

Jonathan Beschen

Investment Director, Information Technology Investment Group

Anthony George

Analyst

Mark de Grandpre

Investor

Roze McDevitt

Analyst

Adare McMillan

CFO

Omar Mencin

Managing Director

Scott Nissenbaum

President

Aston Pierce

Investor

Kathie Jordan Ph.D

Managing Director, Healthcare Investment Group

Past deals in Manufacturing

Orange Maker

Seed Round in 2016
Orange Maker, LLC is a 3D printing technology company based in Thousand Oaks, California, founded in 2013. It specializes in developing advanced 3D printing systems and user-friendly software programs, notably its Helios One system, which utilizes heliolithography technology to achieve high-resolution outputs. The company focuses on providing innovative solutions for various applications, including aerospace, architecture, automotive, biotech, defense, and medical fields, enabling professional designers and engineers to create high-quality 3D printed products. Orange Maker's patent-pending technology facilitates flexible manufacturing by offering a range of compatible materials and smooth surface finishes. The founders, driven by a passion for empowering creativity through advanced tools, foster a collaborative environment within the 3D printing community.

ActiveWorx

Venture Round in 2015
ActiveWorx is a prominent provider of Intelligent Financial Transaction Management and Business Process Automation solutions. The company has evolved from its origins as a consulting firm specializing in complex document management and workflow to a developer of advanced automation software. ActiveWorx focuses on accounts payable automation and payment processing, offering tools that enable clients to transition from manual or semi-manual invoice handling to fully automated systems. Its platform supports a diverse range of sectors, including banking, insurance, retail, manufacturing, distribution, and logistics. ActiveWorx efficiently processes high volumes of client invoices, with some clients managing hundreds of thousands each month. The company has facilitated over 10 million transactions, representing more than $22 billion in accounts payable spending, thereby significantly enhancing operational efficiency for its clients.

SETVI

Seed Round in 2014
Founded in 2013, SETVI operates a mobile sales enablement platform designed for manufacturing and wholesale distribution companies. Its core offering is a cloud-based system that enables marketing and sales teams to create, distribute, manage, update, and control sales materials instantly. The platform allows sales representatives to combine various content types into dynamic presentations, even offline, helping them close deals more efficiently. SETVI also provides analytics on content usage and performance.
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