Ben Franklin Technology Partners
Government fundHarrisburg · Seed–Growth · 18 people tracked
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Investment thesis
Ben Franklin Technology Partners focuses on accelerating innovation and economic growth across Pennsylvania. It provides early-stage and growth capital to technology startups and helps established manufacturers modernize operations and adopt advanced technologies. Beyond funding, the organization delivers hands-on business and technical support and connects companies to mentors, investors, and strategic partners. Operating through four regional partners covering the entire Commonwealth, its mission emphasizes job creation, regional economic impact, and strengthening Pennsylvania communities by turning entrepreneurial ideas into thriving enterprises.
Source: firm website, verified Aug 3, 2026.
Team · 18 people
from the firm's website & public directoriesFounder mafia
3 people who came through Ben Franklin Technology Partners went on to found or lead other companies.
What they invest in
from 39 of 53 portfolio companiesBiotech ×12AI & Machine Learning ×11Healthtech ×9Digital Health ×8SaaS ×8Deep Tech ×7Medical Devices ×7Consumer ×6
HQs:United States×43Brazil×1
Investments · 53 tracked
founders shown can be your intro pathBy year:2026 · 22025 · 52024 · 52023 · 32022 · 12021 · 12020 · 12019 · 12016 · 32014 · 42013 · 12012 · 232 dated
QR Pharma is a clinical-stage biopharmaceutical company developing buntanetap, an orally administered small molecule that inhibits the synthesis of multiple neurotoxic proteins implicated in Alzheimer's disease and Parkinson's disease.
BiotechBerwyn, US
Maria Maccecchini(Executive Officer, Director)
BoardDhesh Govender(Director)Michael Hoffman(Director)Franz F. Hefti(Director)
Co-investorsKeiretsu ForumBioAdvanceRobin Hood Ventures
Eliksa Therapeutics develops innovative treatments for rare diseases with unmet medical needs.
BiotechDigital HealthMedical Devices
Co-investorsMilitia Hill VenturesBioAdvance
Grassroots Unwired provides mobile-first canvassing and field-organizing technology for political campaigns and nonprofit organizations, supporting voter outreach, fundraising, and constituent data capture.
FintechGovTechImpact & Social GoodSaaSYardley, US
RUSS OSTER(CEO)in
Co-investorsBullpen CapitalDelaware Crossing Investor GroupRobin Hood Ventures
Mitochon is an early-stage biopharmaceutical company developing therapeutics.
BiotechHealthtechLongevityMedical DevicesRadnor, US
John G. Geisler(Founder & Chief Scientific Officer)inPeter Crooks(Executive Officer)Robert Alonso(Founder & CEO)in
BoardJohn Irwin(Director)
SLAP is a massively multiplayer "real life" game that blends physical games like Assassin with digital objectives and strategy, letting players compete against opponents and climb city and global leaderboards.
ConsumerGamingSocialCape Elizabeth, US
Ian Andolsek(Executive Officer, Director)Bruce Hack(Director)Sukriti Chadha(Director)inLauren Steidl(Executive Officer, Director)
Board seatScott Nissenbaum· per SEC Form D · $1.2M raise · filed Jun 2026
Co-investorsBroad Street AngelsDorm RoomHarvard Business School Alumni Angels of Greater New YorkRobin Hood Ventures
Ajaya Bio develops bispecific therapies designed to eliminate disease-driving cells while sparing healthy ones, using its BOLT-360 discovery platform built around hybrid binders, precise activation, and advanced linkers.
BiotechDeep TechPhiladelphia, US
Mohit S.(Founder)in
Co-investorsThe Innovation Space
Blind Tiger Spirit Free is a beverage company that produces non-alcoholic spirits and mocktails, including flavored sparkling drinks like the Southside Mojito made with real ingredients.
ConsumerDirect to ConsumerFoodTechWellness & FitnessErie, US
Brett Rehorn(Executive Officer, Director, Promoter)Rebecca Styn(Founder)in
Co-investorsBoston Harbor AngelsExpert DOJO
Scranton, US
Michael Averto(Executive Officer, Director)inJason DePietropaolo(Executive Officer, Director)
Co-investorsAfore CapitalBarrel VenturesBreak Trail VenturesFour Acres CapitalSupernode Ventures
Philadelphia, US
Brendan McCorkle(Executive Officer, Director)inILYA BRAUDE(Executive Officer)inMarc Weil(Executive Officer)
BoardDavid Luk(Director)Brett Topche(Director)inVarghese Thomas(Director)
Co-investorsRobin Hood VenturesDreamit Ventures
CollX is a mobile app for sports card and trading card game (TCG) collectors that scans and identifies cards against a card database, estimates their value from recent marketplace transactions, and tracks collection value over time.
AI & Machine LearningConsumerMarketplacesHaddonfield, US
BoardWesley Gottesman(Director)in
Co-investorsFJ LabsMorrison Seger Venture Capital PartnersNext Coast VenturesBrand Foundry VenturesDarren LachtmanNat Turner+1 more
Croptix develops in-field optical sensor technology for detecting plant health and crop disease, aiming to replace traditional laboratory-based diagnostic practices.
AgTechAI & Machine LearningDeep TechHardwareState College, US
Perry Edwards(CEO and Co-Founder)inZhiwen Liu(CTO and Co-Founder)in
Co-investors1855 Capital Partners
EnviroKure develops liquid biostimulant products derived from chicken manure to improve soil and plant health for agricultural use.
AgTechCircular EconomyCleantechNew MaterialsPhiladelphia, US
Jared Albert(Founder)inMark Lupke(Executive Officer, Director)Joseph Steck(Executive Officer, Director)David Lupke(Director)Dennis Fehr(Director)Dan Ryser(Director)
One Health operates a clinical trial platform using canine cancer data to accelerate and de-risk human oncology drug development.
AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesSan Francisco, US
Christina Lopes(Co-Founder & CEO)inBenjamin Lewis(Co-Founder)in
Co-investorsAndreessen HorowitzaVentureCivilization Ventures Management, LlcGlobal BrainIKJ CapitalMaC Venture Capital+13 more
FIRST provides a delivery platform that aggregates orders from multiple channels into a single interface, routes them to appropriate delivery providers, and offers post-purchase management tools for businesses.
Enterprise SoftwareLogistics & Supply ChainSaaSPhiladelphia, US
Andrew Nakkache(Founder)inMichael Paszkiewicz(Founder)in
Co-investorsY CombinatorAgrolimen VenturesAltaclub VCAltaIR CapitalAvalanche VCEmpactful Capital+6 more
Ghost Robotics develops legged (quadruped) robots, including its Vision 60 platform, along with the proprietary electronics, software, and control systems that run them.
Defense TechHardwareRobotics
Avik De(Co-founder)inGavin Kenneally(Co-founder)inJiren Parikh(CEO)
Co-investorsAlumni VenturesAsimov VenturesBasecamp FundBRC InnovationCocoon Ignite VenturesConverge+2 more
The GO PA Fund (Global Opportunity Pennsylvania Fund II) is a venture capital fund making growth-stage follow-on investments in technology ventures drawn from Ben Franklin Technology Partners' statewide portfolio across the Commonwealth of Pennsylvania.
Sector AgnosticPhiladelphia, US
William Kiesling(Executive Officer)Saniah M. Johnson(Executive Officer)
Co-investorsRobin Hood VenturesWSFS Bank
Houwzer is a real estate brokerage that reduces commission costs for home buyers and sellers by employing salaried agents and proprietary transaction software.
B2B MarketplacesConsumerFintechMarketplacesPropTechNew York, US
Mike Maher(Founder)inTed Mucellin(Executive Officer)inGreg Phillips(Executive Officer)inKevin Baird(Executive Officer, Director)
BoardJay Minkoff(Executive Officer, Director)
Co-investorsBAM VenturesBroad Street AngelsEudemian VenturesEdison Partners
Innovation Works is a Pittsburgh-based startup investor whose portfolio page presents companies across software, robotics, healthcare, and hardware in Southwestern Pennsylvania.
BiotechDeep TechRoboticsSector AgnosticPittsburgh, US
Co-investorsWI Harper Group
Leaficient provides a camera system that measures plant vitals to deliver real-time insights on photosynthesis, growth, and disease detection for agricultural growers.
AgTechAI & Machine LearningHardwareIoT
Brian Stancil(CEO – Co-founder)inAndy Rape(COO – Co-founder)in
Co-investorsParade VenturesThe Council
Brazilian payments and checkout platform for digital course creators, offering installment boleto and Pix with guaranteed advance of receivables.
São Paulo, BR
Lucas Freitas de Souza(Founder)in
Co-investorsMONASHEES
Moberg Analytics develops the Moberg Clinical Platform (MCP), software that aggregates and analyzes high-resolution multimodal neuromonitoring data from disparate ICU devices into near real-time insights.
AI & Machine LearningBiotechDigital HealthMedical DevicesPhiladelphia, US
Dick Moberg(Founder & CEO)
Co-investorsMVP
Mosqitter manufactures chemical-free mosquito control devices that use heat, UV light, and CO2 to attract and trap mosquitoes, offering both compact indoor/outdoor and premium outdoor solutions for residential and commercial properties.
CleantechWellness & FitnessEast Stroudsburg, US
Olga Diachuk(Founder)in
Mussel Polymers develops bio-inspired adhesive solutions based on mussel-derived chemistry for underwater, high-moisture, and specialized industrial applications including medical, military, and marine restoration.
Advanced ManufacturingBiotechDeep TechNew MaterialsBethlehem, US
George Boyajian(Chief Executive Officer)inJon Wilker(Lead Scientist)
BoardKevin Ohashi(Director)Eric Anderson(Director)
Co-investorsNW AngelBen Franklin Technology Partners of Northeastern PennsylvaniaSoftBank Group
Navrogen is a biopharmaceutical company developing therapeutic agents that counter tumor-produced Humoral Immuno-Oncology (HIO) factors linked to suppressed humoral immunity and poor response to immune-mediated anti-cancer therapies.
BiotechDeep TechHealthtechMedical DevicesPhiladelphia, US
Nicholas Nicolaides(Co-founder, President & CEO)inLuigi Grasso(Co-founder, SR VP & Chief Scientific Officer)inSteven Kyriakos(VP of Finance and Operations)in
NeuroFlow builds behavioral health integration platforms that identify population behavioral health risk, engage individuals with acuity-specific resources, and give care teams data to make decisions.
AI & Machine LearningDigital HealthHealthtechMental HealthPhiladelphia, US
Christopher Molaro(Co-founder & CEO)inAdam Pardes(Co-founder)inAlan Wayne Tamarelli(Director)
Co-investorsCorewell Health VenturesDreamit VenturesEcho Health VenturesFirst Trust Capital PartnersHLM Investment PartnersJumpStart New Jersey Angel Network+4 more
NovaData Solutions audits property restoration invoices for insurance companies, MGAs, adjusting firms, and other insurance-related entities using proprietary technology.
AI & Machine LearningEnterprise SoftwareInsurTechSaaSPhiladelphia, US
Joseph Troy(Executive Officer, Director, Promoter)Christopher Leo Troy(Executive Officer, Director, Promoter)Anthony Mark Troy(Executive Officer, Director, Promoter)
BoardGary Enzor(Director)Jeffrey Davison(Director)
Co-investorsActivate Venture Partners
OxiCool manufactures specialized products with focus on production engineering and manufacturing operations.
Advanced ManufacturingCleantechClimate TechHardwareMalvern, US
Gary Ezekian(CEO of the Issuer)inRavikant Barot(Founder)
BoardDavid W. Broome(Director)David Schoch(Director)David Baldacci(Director)John Engels(Director)
Co-investorsMaryland TEDCO
Percy provides data-driven sleep diagnostics and behavioral sleep therapy tools for healthcare providers treating sleep disorders, particularly for neurodivergent populations and people with chronic medical conditions.
AI & Machine LearningDigital HealthHealthtechMedical DevicesWellness & FitnessWashington, US
Conner Herman(Founder & CEO)in
Co-investorsTechstars
Prognos builds a healthcare analytics platform that fuses clinical lab results with other patient-journey data to create unified patient views for life sciences companies.
AI & Machine LearningData & InfrastructureDigital HealthHealthtech
Sundeep Bhan(Founder)in
Co-investorsHikma VenturesMaywic Select InvestmentsMontage CapitalPartners for GrowthPartners for Growth (PFG)Red & Blue Ventures+1 more
RecoveryLink is a digital platform that connects individuals and peer recovery support specialists to provide 24/7 recovery support services with real-time data tracking and analytics.
Digital HealthHealthtechMental HealthSaaS
Robert Ashford(Co-Founder / CEO)inChris Hart(Co-Founder / CIO)
Co-investorsDorm Room
SFA Therapeutics develops oral therapeutic candidates based on deuterated short-chain fatty acids to treat autoimmune and oncologic diseases.
BiotechHealthtechPhiladelphia, US
Ira Spector(Founder)inAlla Arzumanyan(Founder)inMark Feitelson(Founder)in
Co-investorsAcequia Capital (AceCap)Farvatn VentureImmeasurableNorth South VenturesY CombinatorAsymmetry Ventures+6 more
spotLESS Materials develops nature-inspired liquid-entrenched smooth surface (LESS) coatings that repel liquids, sludge, and contaminants while enabling self-cleaning properties for industrial applications including sanitation, automotive, and medical sectors.
Advanced ManufacturingCleantechConsumerDeep TechNew MaterialsState College, US
Birgitt Boschitsch(Founder)inTak-Sing Wong(Founder)in
Co-investors1855 Capital PartnersY CombinatorZillionizeAgrolimen VenturesGaw CapitalPegasus Tech Ventures
Mouseketrips is a travel agency that specializes exclusively in Disney vacations, including Walt Disney World, Disney Cruise Line, Disneyland, Aulani, and Adventures by Disney.
ConsumerDeveloper ToolsMedia & EntertainmentTravel & Hospitality
Avand AmiriMo Yehia
Co-investors500 Global
TicketLeap is an online event ticketing platform that lets organizers create accounts and sell event tickets, with mobile-optimized event management tools.
MarketplacesMedia & EntertainmentSaaSPhiladelphia, US
Stanchak Christopher(Executive Officer, Director)Tim Raybould(Executive Officer)in
BoardPeter Albert(Director)James Thompson(Director)Michael Aronson(Director)inColin Evans(Director)in
Co-investorsBeacon AngelsDelaware Crossing Investor GroupRobin Hood Ventures
Tolerance is a compliance platform that runs continuous automated checks against the NIST 800-171 standard and collects assessor-ready evidence for teams handling Controlled Unclassified Information (CUI).
CybersecurityGovTechSaaS
Co-investorsDorm RoomAmadeus Capital PartnersBioAdvanceColumbus Venture PartnersCriteria Bio VenturesEast Innovate+5 more
Tolerance Bio develops therapeutics targeting the thymus—the regulator of immune tolerance—to preserve, restore, and manipulate its function and extend health span.
BiotechDeep TechLongevityPhiladelphia, US
Francisco Leon(Executive Officer, Director)inPhilip Ball(Executive Officer, Director)Justin Vogel(Executive Officer, Director)in
BoardDamia Tormo Carulla(Director)Pablo Cironi(Director)inRobert Goldstein(Director)
Co-investorsBioAdvanceCriteria Bio VenturesColumbus Venture Partners
Tozuda manufactures non-electronic impact indicators that detect when helmet damage occurs, signaling compromised safety through color change.
HardwareIoTSaaSPhiladelphia, US
JESSICA GARCIA(Executive Officer, Director)in
BoardMELISSA WITHERS(Director)in
Co-investorsRevUp CapitalTechstars
Vistar Media operates a platform connecting marketers with out-of-home (OOH) advertising inventory, offering media owners digital signage management tools and providing brands access to extensive OOH ad space across physical locations.
AdTechB2B MarketplacesMarketing TechMedia & Entertainment
Co-investorsAdvancit CapitalEniac VenturesGreat Oaks Venture CapitalNat TurnerMercury FundValhalla Partners
WealthMore is a wealth management platform that combines human advisors with AI to provide personalized financial guidance and portfolio management for people who cannot afford traditional wealth advisors.
AI & Machine LearningFintech
Mical Jeanlys-White(Founder and CEO)in
Co-investorsAndreessen HorowitzEmmeline VenturesFirst Row PartnersThe BFM Fund
Yellowdig is a social learning platform that creates online communities for courses, onboarding, programs, and clubs to increase student engagement, persistence, and retention.
EdTechEnterprise SoftwareImpact & Social GoodSaaS
Shaunak Roy(Founder)in
Co-investors500 GlobalRobin Hood VenturesQB1 VenturesRosecliff VenturesSustainVC
BiotechPhiladelphia, US
Daniel Mazzucco(Executive Officer, Director)Rugart Eric(Executive Officer, Director)
BoardLouis Berardi(Director)
Co-investorsBroad Street AngelsRowan Innovation Venture Fund
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
ApprenNetBoardBookitByndrCloudnexaDiet TVEyeICFLX SolutionsMilkcrateNuvannaTrekIT HealthZonoff
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 1
1 IPOsQR PharmaNYSE: ANVS
Portfolio news
latest coverage across their companiesMussel Polymers · trysignalbase.com · Mar 25, 2026
Moberg Analytics · finsmes.com · Oct 23, 2025
Innovation Works · innovationworks.org · Jun 9, 2025
IPO stake values · per SEC filings
Value of this firm's stake in each portfolio company at its IPO price, from the prospectus principal-stockholder table.
| Company | Owned | IPO price | At IPO | Stake value |
|---|---|---|---|---|
| QR Pharma | 4.0% | $6.00 | Jan 2020 | $1.4M |
Source: SEC S-1 / 424B prospectus filings. Stake value = shares beneficially owned × the initial public offering price, as disclosed — a market value at IPO, not a return multiple (the firm's original cost is not disclosed).
Frequently asked questions
- How many investments has Ben Franklin Technology Partners made?
- Ben Franklin Technology Partners has 53 tracked investments, 1 of which have exited, including 9 dated in the last 24 months.
- What stage does Ben Franklin Technology Partners invest at?
- Ben Franklin Technology Partners invests at the Seed, Series A, Growth stages.
- What is Ben Franklin Technology Partners's typical check size?
- Ben Franklin Technology Partners typically writes checks of $50K – $250K.
- What sectors does Ben Franklin Technology Partners focus on?
- Ben Franklin Technology Partners focuses on Advanced Manufacturing, Deep Tech, Sector Agnostic.
- Where is Ben Franklin Technology Partners located?
- Ben Franklin Technology Partners is headquartered in Harrisburg, US.
- Does Ben Franklin Technology Partners lead rounds?
- Ben Franklin Technology Partners typically participates in rounds rather than leading them.
Media · Podcasts & interviews
featuring the teamAngelo Valletta, Ben Franklin Technology Partners Northeast | Testimonial for LifeAire
LifeAire Systems · Angelo Valletta
LVEDC Interview with Angelo Valletta, President of Ben Franklin Technology Partners of NEP
LV EDC · Angelo Valletta
Images
Co-investors · 2
Alumni Ventures (AV) is a venture capital firm that co-invests alongside lead VCs in startups, backing founders with capital and access to a large investor and operator community.
First Round Capital is an early-stage venture firm partnering with founders at the very first stages of company creation, backing companies from angel through seed with hands-on support across GTM, recruiting, and operations.
Firms observed investing alongside Ben Franklin Technology Partners, from public investor directories. Shared companies are the overlap with Ben Franklin Technology Partners's recorded portfolio.
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