Ben Franklin Technology Partners of Southeastern Pennsylvania

Ben Franklin Technology Partners of Southeastern Pennsylvania, established in 1982, is a non-profit organization that fosters technological innovation and growth in the region. It primarily invests in early-stage technology companies, having supported over 1,750 such ventures since its inception. The organization also facilitates university-industry partnerships to accelerate scientific discoveries to market, and initiates regional programs to bolster the entrepreneurial ecosystem. Its mission is to create jobs and transform lives by leading the region's technology community to new heights.

Jonathan Beschen

Investment Director, Information Technology Investment Group

Anthony George

Venture Capital Associate, Tech Investment Group

Jennifer Hartt

Director of Investments

Omar Mencin

Senior Director of Investments, Investment Group

Scott Nissenbaum

President, CEO and Board Member

Aston Pierce

Director - GO PA Fund and GO PHL Fund

Kathie Jordan Ph.D

Managing Director, Healthcare Investment Group

Past deals in Software

DreamVu

Seed Round in 2021
DreamVu Inc. specializes in the development of omni-stereo camera hardware and software platforms that unify human and machine vision. Founded in 2017 and based in Lafayette, California, the company offers advanced omnidirectional 3D vision systems featuring patented optics and imaging software. Its innovative camera systems are designed to capture a wide range of light rays, allowing for an unparalleled field of view. DreamVu's technology serves various industries, including autonomous vehicles, drones, virtual and augmented reality, robotics, and health technology. By providing low power, low latency, and cost-effective single stream video solutions, DreamVu is transforming visual intelligence and enabling customers to innovate in their respective fields.

Deepwave Digital

Seed Round in 2020
Deepwave Digital, Inc. specializes in manufacturing artificial intelligence (AI)-based hardware and software solutions tailored for radio frequency (RF) and wireless systems. Established in 2017 and headquartered in Philadelphia, Pennsylvania, the company provides integrated solutions that enhance the capabilities of RF systems by relocating the AI computation engine closer to the signal edge. This innovative approach minimizes network bandwidth usage, reduces latency, and decreases reliance on manual analysis. Deepwave Digital's product lineup includes the Artificial Intelligence Radio Transceiver (AIR-T), a software-defined radio, as well as software tools like AirPack, AirStack Sandbox, and Spectrum Sensing, which help clients detect and identify signals in their spectral environment. With a team of RF industry experts boasting over fifty years of combined experience, Deepwave Digital serves both commercial and defense sectors, enabling customers to develop custom AI and high-performance computing systems using trusted software solutions.

iOrtho+

Debt Financing in 2020
iOrtho+ is a medical software company that specializes in orthopedic care through its innovative web-based application, the Mobil-Aider. This premium orthopedic app is designed to quantify joint mobility, enabling clinicians to assess a wide range of motions across multiple joints. The Mobil-Aider includes 450 tests and 1,300 references, along with 100 mobilization techniques, offering a comprehensive resource for orthopedic professionals. The application features concise descriptions, images, videos, and statistical data, as well as direct links to relevant literature, all aimed at enhancing the quality of treatments and improving clinical outcomes.

Guiding Technologies

Grant in 2020
Guiding Technologies Corporation, based in Philadelphia, specializes in developing the GAINS (Guidance, Assessment, and Information System) platform, which focuses on applied behavior analysis (ABA) instruction management. This innovative software serves as a virtual assistant for supervisors and staff, streamlining various teaching programs and enhancing instructional capabilities. GAINS simplifies program selection and data collection, enabling staff to concentrate on student engagement while tracking progress and movement within programs. It eliminates the need for repetitive data entry and provides automated reporting through an intuitive web-based console and mobile interfaces, including a Bluetooth-enabled instructor interface. The platform also supports parental involvement and offers management insights for supervisors, ultimately aiming to improve the efficacy of ABA practices and help individuals with autism reach their full potential. Incorporated in 2013, Guiding Technologies is dedicated to enhancing the performance of organizations involved in behavioral instruction.

Optical Inventory Solutions

Grant in 2020
Optical Inventory Solutions specializes in the development of ViewVax, an innovative automated vaccine inventory management system. ViewVax is designed to seamlessly integrate with existing medical refrigerators in hospitals, clinics, and doctors' offices, allowing these facilities to better organize and manage their vaccine supplies. The system employs a web-connected camera that accurately counts on-hand vaccine inventory, facilitating automatic reordering and reducing excess stock levels. With its robust design capable of withstanding cold refrigeration environments, ViewVax enhances operational efficiency by streamlining the recognition of vaccines and ensuring accurate data collection, ultimately supporting medical institutions in maintaining optimal inventory management for vaccines.

Hava Health

Pre Seed Round in 2019
Hava Health, Inc. is a biotechnology company based in the United States that specializes in developing innovative solutions for nicotine addiction. The company manufactures a smoking cessation device that includes a connected vape pen designed to assist individuals in their efforts to quit smoking. This device pairs with a smartphone application called Hale, which serves as a digital support tool for users undergoing nicotine de-addiction. Through its focus on combining technology with therapeutic approaches, Hava Health aims to provide effective support for those seeking to overcome nicotine dependence.

Deepwave Digital

Seed Round in 2019
Deepwave Digital, Inc. specializes in manufacturing artificial intelligence (AI)-based hardware and software solutions tailored for radio frequency (RF) and wireless systems. Established in 2017 and headquartered in Philadelphia, Pennsylvania, the company provides integrated solutions that enhance the capabilities of RF systems by relocating the AI computation engine closer to the signal edge. This innovative approach minimizes network bandwidth usage, reduces latency, and decreases reliance on manual analysis. Deepwave Digital's product lineup includes the Artificial Intelligence Radio Transceiver (AIR-T), a software-defined radio, as well as software tools like AirPack, AirStack Sandbox, and Spectrum Sensing, which help clients detect and identify signals in their spectral environment. With a team of RF industry experts boasting over fifty years of combined experience, Deepwave Digital serves both commercial and defense sectors, enabling customers to develop custom AI and high-performance computing systems using trusted software solutions.

Piano

Series B in 2019
Piano Inc. is a digital media business platform that empowers organizations to understand and influence customer behavior through its comprehensive suite of solutions. The company offers tools such as Piano Composer for deploying and iterating business models, Piano VX as a paywall solution for various teams, and Piano ID to integrate disparate customer data. Additionally, Piano Go provides an instant business model for diverse content formats, while Piano for Business Media helps companies market, sell, and distribute content across multiple channels. With a focus on personalized customer journeys, Piano's platform enables brands to launch campaigns efficiently, enhance engagement, and drive revenue. Headquartered in Amsterdam, with offices across the Americas, Europe, and Asia Pacific, Piano serves a diverse global clientele, including prominent names like the BBC and The Wall Street Journal. Founded in 2005 and originally known as Piano Media LLC, the company rebranded in 2015, reflecting its evolution and expanding capabilities.

Tridiuum

Series B in 2018
Tridiuum, Inc. is a Philadelphia-based digital health company established in 1997 that specializes in software-as-a-service solutions for behavioral health providers, patients, and health systems. The core offering, Tridiuum1, is a cloud-based platform designed to enhance behavioral health outcomes management by monitoring patient symptoms and treatment progress. It integrates digital health assessments with an analytics engine to identify behavioral health issues, assign risk scores, and provide real-time alerts at the point of care. Additionally, the platform supports video-based virtual visits and other features, enabling clinicians to effectively evaluate and manage patients with various conditions. The company is backed by a team of experts in behavioral medicine and digital health technologies, with a strong foundation in clinical research and a history of contributions to peer-reviewed scientific literature.

Deepwave Digital

Seed Round in 2018
Deepwave Digital, Inc. specializes in manufacturing artificial intelligence (AI)-based hardware and software solutions tailored for radio frequency (RF) and wireless systems. Established in 2017 and headquartered in Philadelphia, Pennsylvania, the company provides integrated solutions that enhance the capabilities of RF systems by relocating the AI computation engine closer to the signal edge. This innovative approach minimizes network bandwidth usage, reduces latency, and decreases reliance on manual analysis. Deepwave Digital's product lineup includes the Artificial Intelligence Radio Transceiver (AIR-T), a software-defined radio, as well as software tools like AirPack, AirStack Sandbox, and Spectrum Sensing, which help clients detect and identify signals in their spectral environment. With a team of RF industry experts boasting over fifty years of combined experience, Deepwave Digital serves both commercial and defense sectors, enabling customers to develop custom AI and high-performance computing systems using trusted software solutions.

Ghost Robotics

Seed Round in 2018
Ghost Robotics Corporation, founded in 2015 and based in Philadelphia, Pennsylvania, specializes in the development of autonomous legged robots designed for operation in unstructured environments. The company focuses on creating quadrupedal unmanned ground vehicles (Q-UGVs) that provide enhanced agility and speed compared to traditional wheeled and tracked devices. These advanced robots are tailored for various applications, including military, industrial, mining, energy, public safety, and last-mile delivery. By reducing mechanical complexity and offering total software control, Ghost Robotics aims to lower the costs associated with building and deploying autonomous robots, thereby maximizing productivity for its clients in diverse sectors.

Keriton

Seed Round in 2017
Keriton LLC is a provider of a pumped breast milk management system specifically designed for neonatal intensive care units (NICUs). Based in Philadelphia, Pennsylvania, the company offers a comprehensive platform that enhances patient safety and streamlines nursing workflows. This system enables healthcare professionals to track milk-bottle inventory, manage feeding orders, and handle first-in-first-out (FIFO) bottle flow, including notifications for expiry dates and misfeed alerts. The platform also facilitates real-time insights into lactating mothers' milk production patterns and includes a media-sharing feature for nurses to communicate with mothers by sharing photos and videos of their babies. With a track record of managing over 1.5 million feeds and preventing nearly 30,000 errors, Keriton's solution aims to improve health outcomes and reduce the cognitive burden on hospital staff. Since its incorporation in 2016, Keriton has been deployed in numerous larger enterprise health systems, demonstrating its effectiveness in enhancing the care provided to infants in NICUs.

GuestOf

Grant in 2016
GuestOf offers a modern building access system designed to enhance security and streamline entry management for various properties, including apartment complexes and office buildings. By providing a scalable platform that integrates seamlessly with existing infrastructure, GuestOf allows property owners and managers to automate processes such as authentication, access control, and event logging. The system features live key management and time-sensitive keys, facilitating keyless entry while requiring minimal modifications to existing doors and structures. This approach empowers owners and tenants to maintain comprehensive control over guest access, ensuring safety and security within multi-family residences and private premises.

Guiding Technologies

Seed Round in 2016
Guiding Technologies Corporation, based in Philadelphia, specializes in developing the GAINS (Guidance, Assessment, and Information System) platform, which focuses on applied behavior analysis (ABA) instruction management. This innovative software serves as a virtual assistant for supervisors and staff, streamlining various teaching programs and enhancing instructional capabilities. GAINS simplifies program selection and data collection, enabling staff to concentrate on student engagement while tracking progress and movement within programs. It eliminates the need for repetitive data entry and provides automated reporting through an intuitive web-based console and mobile interfaces, including a Bluetooth-enabled instructor interface. The platform also supports parental involvement and offers management insights for supervisors, ultimately aiming to improve the efficacy of ABA practices and help individuals with autism reach their full potential. Incorporated in 2013, Guiding Technologies is dedicated to enhancing the performance of organizations involved in behavioral instruction.

PurpleCloud Technologies

Seed Round in 2016
PurpleCloud Technologies is a software company that provides a mobile enterprise platform designed to enhance hotel management and operations. Its primary product, Cielo, integrates four operational modules tailored for key hotel departments, including Housekeeping, Engineering, Front Office, and Management. This platform enables staff to access essential tools on various mobile devices and desktops, facilitating task completion, supply management, and reporting of maintenance issues. By identifying operational inefficiencies, Cielo helps hotel operators streamline processes, reduce wasteful costs, and improve overall efficiency. Founded in 2011 and based in Atlanta, Georgia, PurpleCloud Technologies serves clients in the hospitality sector, aiming to transform traditional methods of room assignment and request tracking into a more effective and coordinated system.

Allevi

Seed Round in 2015
Allevi develops innovative tools for designing and engineering 3D tissues, focusing on bioprinting technology. The company offers desktop 3D bioprinters that allow users to create functional three-dimensional living tissues using various biomaterials and cell lines. Additionally, Allevi provides bioinks made from collagen and hyaluronic acid, which are available for purchase online. Their cloud-based platform, Bioprint Online, enables users to design complex structures, define materials, and monitor the printing process. Allevi's products serve a diverse clientele, including researchers in tissue engineering, regenerative medicine, and cell biology, as well as industrial and pharmaceutical companies for drug testing and development, and educators. Established in 2014 and based in Philadelphia, Pennsylvania, Allevi was formerly known as BioBots, Inc.

Kynectiv

Series A in 2015
Kynectiv, Inc. specializes in simulation-based products and technology platforms that cater to global audiences, particularly in the healthcare sector. The company offers a learning platform that enables organizations to design assessment, education, and training programs, enhancing decision-making through real-world engagement. Notable products include CommSim, which facilitates remote interactions between role-playing coaches and learners, and Synapse DX, a comprehensive solution aimed at helping healthcare organizations understand and influence audience decision-making experiences. Founded in 2010 and headquartered in Chadds Ford, Pennsylvania, Kynectiv was previously known as DecisionSim, Inc. and has operated as a subsidiary of US HealthConnect since 2019.

Kynectiv

Seed Round in 2015
Kynectiv, Inc. specializes in simulation-based products and technology platforms that cater to global audiences, particularly in the healthcare sector. The company offers a learning platform that enables organizations to design assessment, education, and training programs, enhancing decision-making through real-world engagement. Notable products include CommSim, which facilitates remote interactions between role-playing coaches and learners, and Synapse DX, a comprehensive solution aimed at helping healthcare organizations understand and influence audience decision-making experiences. Founded in 2010 and headquartered in Chadds Ford, Pennsylvania, Kynectiv was previously known as DecisionSim, Inc. and has operated as a subsidiary of US HealthConnect since 2019.

Allevi

Seed Round in 2014
Allevi develops innovative tools for designing and engineering 3D tissues, focusing on bioprinting technology. The company offers desktop 3D bioprinters that allow users to create functional three-dimensional living tissues using various biomaterials and cell lines. Additionally, Allevi provides bioinks made from collagen and hyaluronic acid, which are available for purchase online. Their cloud-based platform, Bioprint Online, enables users to design complex structures, define materials, and monitor the printing process. Allevi's products serve a diverse clientele, including researchers in tissue engineering, regenerative medicine, and cell biology, as well as industrial and pharmaceutical companies for drug testing and development, and educators. Established in 2014 and based in Philadelphia, Pennsylvania, Allevi was formerly known as BioBots, Inc.

AlphaPoint

Seed Round in 2014
AlphaPoint Corporation, established in 2013, specializes in developing white-label software for digital asset trading platforms. Based in New York with additional offices in Philadelphia and San Francisco, the company empowers over 150 clients across 35 countries to launch and operate crypto exchanges, digitize assets, and execute blockchain strategies. AlphaPoint's secure, scalable, and customizable platform supports a wide range of digital currencies, including bitcoin and altcoins, and offers solutions such as a full digital currency exchange system, automatic market-making, asset digitization software, and a platform for high net worth clients to execute large block trades.

Vy Corporation

Seed Round in 2014
Vy Corporation is a software development company based in Wayne, Pennsylvania, that specializes in shape detection and object analysis software for the medical imaging market. The company offers CytoSavvy.com, a cloud-based image analysis and data collection service that enables users to upload and analyze images, particularly useful for identifying clusters of cells in liver and kidney biopsies using its patented CellQuantâ„¢ search technology. In addition, Vy Corporation provides VectorSavvy.com, which grants users access to advanced image analysis tools for loading images and viewing results, and it also develops custom projects tailored to specific client needs. The company's mission is to assist pathologists and medical researchers in efficiently identifying and analyzing complex cell structures, enhancing the reliability of data for research and diagnostics.

HealthQx

Series A in 2014
HealthQX, founded in 2012 and based in King of Prussia, Pennsylvania, specializes in value-based payment analytic software solutions tailored for health plans and providers. The company's primary offering, ClarityQx, is a comprehensive analytics platform designed to facilitate the design, implementation, and ongoing performance monitoring of various payment models, including episodic, bundled, and accountable care arrangements. This platform provides users with drill-down dashboards that enhance provider engagement and streamline contract negotiation processes. By enabling quick access to critical payment analytics, HealthQX aims to improve consumer care and reduce medical costs within the healthcare industry.

Clutch

Venture Round in 2013
Clutch serves as a customer marketing platform for business-to-consumer brands. It provides traditional marketing CRM, loyalty, gift card, mobile, email, and direct mail solutions. The company was created to help businesses succeed in an evolving marketing landscape. Since 2012, they have continued to grow their platform into an innovative, data-centric marketing solution with one focus that empowering brands with the best technology so that they can identify, understand and motivate their customers.

EyeIC

Venture Round in 2012
EyeIC, Inc. is a medical technology company focused on developing and commercializing imaging technologies for eye care applications. Based in Wayne, Pennsylvania, EyeIC serves eye care professionals and clinics by offering the MatchedFlicker device, which monitors the onset and progression of glaucoma through change detection in time series retinal photographs. The technology aligns and registers images taken at different times, creating a superimposed view that aids in accurate diagnosis. Additionally, EyeIC's software includes an easy-to-use application that streamlines image processing, interpretation, and reporting, facilitating the detection of various retinal conditions such as diabetic retinopathy and retinopathy of prematurity. Established in 2004, EyeIC aims to simplify workflows for clinicians and enhance patient care in the field of ophthalmology.

Real Time Tomography

Seed Round in 2011
Real Time Tomography, LLC specializes in developing advanced imaging software solutions for medical imaging systems, particularly in the field of breast cancer detection. Founded in 2006 and based in Villanova, Pennsylvania, the company offers two primary products: Adara, which enhances digital mammography images to improve tissue contrast and lesion visibility, and Briona, a software that reconstructs 3D images from 2D tomosynthesis data. In addition to its software offerings, Real Time Tomography provides technical support and consultation services aimed at optimizing detector and system design for enhanced image quality and processing speed. The company primarily serves manufacturers of mammography systems and PACS workstations, contributing to improved diagnostic accuracy and clinical workflows in healthcare settings.

Bionano Genomics

Seed Round in 2006
Bionano Genomics, Inc. is a biotechnology company focused on genome mapping and analysis. It develops and markets the Saphyr system, an advanced platform designed for ultra-sensitive and specific detection of structural variations in DNA, such as insertions, deletions, and translocations, which are often linked to genetic disorders and diseases, including cancer. The Saphyr system employs optical genome mapping technology, allowing for direct visualization and analysis of long DNA molecules without relying on sequencing. This capability provides researchers and clinicians with critical insights into the structural variations within genomes, enhancing the understanding of disease mechanisms and supporting the development of personalized treatment strategies. Bionano Genomics also offers essential reagents and data solutions, including Bionano prep kits, labeling kits, and software tools for comprehensive experiment management. Its products are primarily sold to academic and governmental research laboratories, as well as pharmaceutical, biotechnology, and contract research organizations across multiple regions, including North America, Europe, and Asia. Founded in 2003 and headquartered in San Diego, California, the company was previously known as BioNano Genomics, Inc. until its name change in July 2018.

GTronix

Series B in 2005
GTronix specializes in the development of advanced analog technology aimed at enhancing the performance of portable consumer electronic products. The company utilizes proprietary programmable analog technology and innovative design techniques to implement sophisticated digital signal processing (DSP) algorithms within analog integrated circuits. This approach results in smaller and more energy-efficient solutions compared to traditional DSP methods. GTronix's initial product offerings include APT Technology, a programmable floating gate transistor structure, and advanced circuit designs that facilitate various signal processing functions. Notably, the company provides the GTX0051, an adaptive noise-canceling microphone processor, which features integrated custom-tuned filters, showcasing its commitment to delivering cutting-edge analog performance and programmability in the market.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.