🦊/Investors

Ben Franklin Technology Partners

Government fund

Harrisburg · Pre-Seed–Growth · 6 people tracked

Find your way into Ben Franklin Technology Partners

427 people in our graph share verified history with the Ben Franklin Technology Partners team — schools, employers, funds. One of them is your warm intro.

Tony Thomasunlockedknows Scott Nissenbaum · together at Penn State University (overlapped)
knows the team · via Penn State University
×5knows the team · via Brown Brothers Harriman
knows the team · via The Wharton School at University of Pennsylvania
knows the team · via Ben Franklin Technology Partners of Southeastern Pennsylvania
×2knows the team · via Chestnut Street Ventures
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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.

Stage
Pre-Seed–Growth
Check
$50K – $250K
HQ
Harrisburg, Pennsylvania, US
Leads rounds
Follows
Instruments
Equity
Founded
1983
Last 12 months
4 investments
Tracked investments
42
IPOs
1

Team · 6 people

from the firm's website
Valerie Carchidi· Manager of Statewide Marketing & Communicationsin

Founder mafia

2 people who came through Ben Franklin Technology Partners went on to found or lead other companies.

What they invest in

from 32 of 42 portfolio companies

Biotech ×11AI & Machine Learning ×8Healthtech ×8Digital Health ×7SaaS ×7Deep Tech ×6Medical Devices ×6Hardware ×4

HQs:United States×34

Investments · 42 tracked

founders shown can be your intro path

By year:2026 · 22025 · 42024 · 42023 · 12022 · 12021 · 12020 · 12019 · 12016 · 32014 · 12012 · 22011 · 124 dated

QR Pharmaqrpharma.comNYSE: ANVS

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 ForumBioAdvance

Eliksa Therapeuticseliksa.comin𝕏✓ verified

Eliksa Therapeutics develops innovative treatments for rare diseases with unmet medical needs.

BiotechDigital HealthMedical Devices

Co-investorsMilitia Hill VenturesBioAdvance

Grassroots Unwiredgrassrootsunwired.comin𝕏Feb 2012✓ verified

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 CapitalRobin Hood Ventures

Mitochon Pharmaceuticalsmitochonpharma.cominNov 2014✓ verified

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)

Technical.lytechnical.lyin𝕏✓ verified

AI & Machine LearningDigital HealthMedia & EntertainmentMedical DevicesPhiladelphia, US

Integrated Reality Labsplayslap.cominJun 2026SEC filingmedium confidence

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 RoomRobin Hood Ventures

Ajayaajaya.bioinMar 2026

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)inMohit Sachdeva(Executive Officer, Director)in

Co-investorsThe Innovation Space

Blind Tigerblindtigerspiritfree.com𝕏May 2025

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

Rebecca Styn(Founder)inBrett Rehorn(Executive Officer, Director, Promoter)

Co-investorsBoston Harbor AngelsExpert DOJO

ChannelApechannelape.com

Scranton, US

Michael Averto(Executive Officer, Director)inJason DePietropaolo(Executive Officer, Director)

Co-investorsAfore CapitalBarrel VenturesBreak Trail VenturesFour Acres CapitalSupernode Ventures

CloudMinein

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-investorsDreamit VenturesRobin Hood Ventures

Croptixcroptix.agJun 2023

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

EnviroKureenvirokure.comin𝕏Nov 2020

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)

Ghost Roboticsghostrobotics.ioin𝕏

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 FundConvergeHoltzbrinck VenturesPrototype Capital

Houwzer Real Estatehouwzer.comin𝕏Feb 2022 · $118M

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 Worksinnovationworks.orgin𝕏

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

Leaficientleaficient.comin

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

Moberg Analyticsmoberganalytics.comin𝕏Oct 2025

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)

Mussel Polymersmusselpolymers.comDec 2025

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

Navrogennavrogen.comin

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

NeuroFlowneuroflow.comin𝕏

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 VenturesHLM Venture PartnersMemorialCare Innovation FundRed & Blue Ventures+2 more

NovaData Solutionsnovadata-solutions.cominMar 2024

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

Papa.gov𝕏

The official government website of the Commonwealth of Pennsylvania, providing residents access to state services and information such as license renewals, vehicle registration, SNAP benefits, and grant funding.

GovTech

Percypercysleep.comin𝕏

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

Prognosprognoshealth.comin𝕏Series A · Nov 2011 · $7M

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

RecoveryLinkmyrecoverylink.comin𝕏Sep 2021

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 Therapeuticssfatherapeutics.comin𝕏

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 Combinator

TicketLeapticketleap.comin𝕏Series A · Jul 2008 · $2M

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 Angels

Tolerancetolerance.appOct 2024

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+4 more

Tolerance Biotolerancebio.cominOct 2024

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-investorsCriteria Bio VenturesBioAdvanceColumbus Venture Partners

Tozudatozuda.comin𝕏Jul 2024

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

TrekIT HealthinSep 2019

HealthtechWilmington, US

Subha Airan-Javia(Executive Officer, Director)

Co-investorsDreamit VenturesTech Council Ventures

Vistar Mediavistarmedia.comin

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 VenturesMercury FundValhalla Partners

Yellowdigyellowdig.coin𝕏

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 VenturesSRI CapitalSustainVC

ZSX Medicalzipstitch.com

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.

ApprenNetBoardBookitByndrDiet TVEyeICFLX SolutionsMilkcrateNuvanna

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 IPOs

QR PharmaNYSE: ANVS

Portfolio news

latest coverage across their companies

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.

CompanyOwnedIPO priceAt IPOStake value
QR Pharma4.0%$6.00Jan 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 42 tracked investments, 1 of which have exited, including 8 dated in the last 24 months.
What stage does Ben Franklin Technology Partners invest at?
Ben Franklin Technology Partners invests at the Pre-Seed, 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 team

Angelo 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

Ben Franklin Technology Partners photoBen Franklin Technology Partners photo

Co-investors · 2

Alumni Ventures

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.

Both backed · 1
$100K – $10M
First Round Capital

First Round Capital is an early-stage venture firm that backs companies at their earliest moments, often before they are named, across enterprise, AI, consumer, healthcare, fintech and hardware sectors.

$1M – $7M

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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