2015profile performance - sep.benfranklin.org...north america on deloitte’s technology fast 500™...

PERFORMANCE PROFILE2015

‘15CALENDAR

YE

AR

COMPANIES48$8.9M

BEN FRANKLIN APPROVED

ACROSS SOUTHEASTERN PA

$2.4M

PH

YSICAL SCIENCES

10 DEALS

$1.6M

HEALTH

10 DEALS

$2M

DIG

ITAL HEALTH

10 DEALS

$2.9M

INF

OR

MATION TECHNO

LOG

Y18 DEALS

INVESTMENTS BY SECTOR

$580 MILLION*162 COMPANIES

*CY 2014

$10MCO-INVESTMENT

POOLA $10M early-stage/seed fund that will support spin-off companies from Drexel, with Ben Franklin providing ic@3401 member companies a variety of services and support including industry consulting,

market analysis and access to capital.

DREXEL VENTURES BEN FRANKLIN SEED FUND

N E W P A R T N E R S H I P S

V E N T U R E S

V E N T U R E S

Through creation of an investment pool and mentorship programming both for women

investors and entrepreneurs, AWE and Ben Franklin joined forces to shape the culture of investing

and entrepreneurship for women-led high growth technology enterprises in the

Greater Philadelphia area.

$500KCO-INVESTMENT

POOL

A collaboration of health care providers, academic research institutions, corporate partners and investors working together to leverage the unique

assets of the Greater Philadelphia region to accelerate and lead the development of innovation in health care technology and delivery.

HEALTH CARE INNOVATION COLLABORATIVE

Greenphire Named in Philadelphia Business Journal’s Best Places to WorkFeatured on Industry Today - October 13, 2015

Greenphire Named to Inc. 5000 List of Fastest Growing Companies for Third Consecutive YearFeatured on Greenphire - August 14, 2015

35 New Jobs Coming to KOP-Based GreenphireFeatured on Philly.com - April 10, 2015

Founded in 2007

Montgomery County

PTC builds Internet of things analytics strategy with $105M acquisition [ColdLight]

SUCCESS FROM BEN COMPANIES

$200k Ben investment since 2010

Greenphire is the industry’s

leading provider of clinical payment

technology.

This is the manufacturing software company’s third big buyout

in the past 18 months, along with ThingWorx and Axeda.

Manufacturing software company PTC believes predictive

maintenance will be one of the first clear killer apps for the

Internet of things, a credible theory given big investments in

this area by GE and Caterpillar.

Naturally, PTC wants a piece of the action. So, it’s paying

$105 million to buy ColdLight, which makes machine learning

technology that detects patterns in data collected from sensors

embedded in medical devices, manufacturing equipment and

consumer products.

By analyzing those metrics, ColdLight’s software can tell when a

specific component might be nearing failure. It could also offer

suggestions about future ways to improve product design.

Featured on Fortune - May 5, 2015

$350k Ben investment since 2008Founded in 2007

Chester County

Meet BioBots, the ‘MakerBot of biology’

IBX Partners with DreamIt Health Startup TowerView Health to Improve Medication Adherence

A $5,000 desktop bioprinter developed by two University of Pennsylvania

grads lets nearly anyone print living tissue.

Inside a tiny office on the second floor of a South Philadelphia makerspace,

the future looks like a large, greenish booger. The machine responsible for

printing such an object: the BioBot, a bioprinter that prints living cell tissue

and resembles a MakerBot.

Invented and manufactured by the appropriately named startup BioBots, the

BioBot printer is the brainchild of a pair of University of Pennsylvania alumni.

The booger-like substance this Fortune reporter encountered was merely a

mixture of water and biocompatible material. Now suppose human stem cells,

in addition to the water and biomaterial, had been part of the mixture. In that

case, the BioBot’s final product would have been bioprinted stem cell tissue,

which could then be matured into cartilage or other, different types of cells.

Featured on Fortune - July 13, 2015

Founded in 2014

Philadelphia County

Founded in 2013

Philadelphia County


TowerView Health

helps chronically-ill patients manage their medication.

Featured on Independence Blue Cross - April 28, 2015

FDA Green Lights First 3D Printed Drug From Aprecia

Featured on BioSpace - August 3, 2015

Founded in 2003

Bucks County


Aprecia’s ZipDose® Technology makes medication

simple for caregivers to administer and patiences

to swallow.


953% revenue growth

since 2014

For the Third Consecutive Year, CenTrak Ranked as One of the Fastest Growing Companies in North America on Deloitte’s Technology Fast 500™

CenTrak attributes its rapid growth to the return on investment, operational

efficiencies, and improved patient care healthcare providers realize from its

Real-Time Location System (RTLS).

CenTrak announced today that it ranked as one of the fastest growing companies

in North America on Deloitte’s 2015 Technology Fast 500™. CenTrak is ranked

#17 in the communications/networking industry category. This marks the third

consecutive year that CenTrak has been recognized by Deloitte.

Featured on PR Newswire - November 19, 2015 Founded in 2003

Bucks County


113x revenue growth

since 2006

Meet the Coin-Sized Rape Prevention Device That Beat Its Crowdfunding Goal by 5 Times

A young entrepreneur heard one too many accounts of women

being victimized.

What would you have if you designed a device the size of a quarter that

a woman or girl could press in an emergency situation to set off a loud

alarm, message family or friends, and summon the police? Especially if

that device looked like a modern piece of jewelry? You’d have a wildly

successful pre-ordered product that beat its crowdfunding goal by more

than 500 percent. And you’d be well on your way to making the world a

better place.

That’s the story of ROAR for Good, makers of a new device called Athena

that should start shipping next summer if all goes according to plan.

Featured on Inc - November 17, 2015

LIVE YOUR LIFE BOLDLY AND WITHOUT FEAR

Founded in 2014

Philadelphia County


$314K raised via Indiegogo

in 2015

FUNDINGS IN THE NEWS

December 2015

January 2015

QR Pharma



$4M RAISED

$5M RAISED

$5M RAISED

$3.5M RAISED

$39M RAISED

$1.25M RAISED

$1.2M RAISED

$1M RAISED

$314K RAISED

$150K RAISED

$100K RAISED

$5.7M RAISED

$1.5M RAISED

$3.5M RAISED

$1.8M RAISED

$1.9M RAISED

$6M RAISED

$8M RAISED

Featured on Technically Philly, Venture Beat, Yahoo Finance, Philadelphia Business Journal, Wall Street Journal, citybizlist and Inc.com.

The Ben Franklin Technology Partners is an initiative of the Pennsylvania Department of Community and Economic Development and is funded by the Ben Franklin Technology Development Authority.

SEP.BENFRANKLIN.ORG

215.972.6700

Building 100 Innovation Center

4801 S. Broad Street, Suite 200

The Navy Yard

Philadelphia, PA 19112

Partners with a Purpose

2015 INVESTMENT APPROVALSBY COUNTY*

SEP.BENFRANKLIN.ORG *Locations based on time of funding.Image assistance provided by NextFab, ROAR and Jason Heritage.

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Advent Therapeutics1

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UNWIRED

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Nexuspharma7

Novaplex Technologies8

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RMH Sciences13

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210

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QR Pharma

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131516

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2118 19

202328

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CHESTER

DELAWARECOUNTY

CHESTERCOUNTY

MONTGOMERYCOUNTY

BUCKSCOUNTY

PHILADELPHIA

BUCKS

Total Portfolio2015 Approvals

6 33

M∞ MitochonP H A R M A C E U T I C A L S

∞

M∞ Mitochon∞

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DELAWARETotal Portfolio

10


24 55


11 24

2

3

4

5

6

TELEFACTOR

3

4

2

1

5

6 19

33

34

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MONTGOMERYTotal Portfolio2015 Approvals

7 46

1

Aquitic Technology

Best Energy Reduction Tech

®

7

8

9

10

12

11

13

14

E-PAK Technology15

16

Gladstone Technology Partners

17

GoNow Technologies18

Dancing Dots

Eclipse Systems Quadririum

24

25

26

27

20

21

22

28

29

30

23Medisurg Research & Management Corp

MegaMetrics International

Practical Reasoning Inc

ArthroFlex Alliance

Automated Currency Instrument

Piccolo Group

7

31

32

4

9

7

11

5

139

28

10

2 11

13

15

16

17

18

Intellifit Corp14

3

1 10

12


2

3

4

5

7

8

9

10

1

6 Classic Finish Inc

16

20

SQUAREKNOT

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RadDx 24

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2015profile performance - sep.benfranklin.org...north america on deloitte’s technology fast 500™...

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