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.
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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