If you’re a first-time founder looking to raise an institutional round of venture capital for the first time, how do you know where to start? How does one know how much to raise or where their valuation lies? It’s a position many startup founders will find themselves in within their first few years. It’s also […]
Tech-enabled real estate brokerage Houwzer this week launched the RiseUp Fund, a nonprofit to bring grants and resources to low- to moderate-income first-time homebuyers. The Center City company’s new program comes amid a still-hot housing market and the recent re-up of the Philadelphia Housing Development Corp.’s own $10,000 grant program for first-time homebuyers, Philly First […]
It’s not solving a new problem, but Oncora Medical’s CEO is finding that the company’s product has an unfortunate timeliness amid the pandemic. The seven-year-old digital health company, which makes a software that provides documentation, workflow and data-capturing for cancer doctors, added two big names to its client list this week. Cancer centers Scripps Health […]
Phrase Health, maker of electronic health record data tools, announced Tuesday it had been awarded $1.7 million in a Phase 2 Small Business Technology Transfer Program (STTR) grant from the National Institute of Health. The funding comes to company after it received a $225,000 Phase 1 STTR grant last year. Phrase Health, based out of […]
Gaining access to venture capital isn’t a new challenge for underrepresented founders, or those seeking to work in VC. But approaches to solving it are changing. Women are consistently left out of conversations with investors, are granted less funding, and only represented a tiny percentage of all venture capital raised over the last 30 years. […]
It’s an acquisition and a merger for two Philadelphia-area companies, as Piano and Anexinet both announced new expansions on Thursday. Piano acquired SocialFlow The Bourse-based B2B media software company, which last spring raised an $88 million Series C, has acquired SocialFlow, a New York City social distribution and marketing platform for media companies. The addition […]
Philadelphia-based real estate company Houwzer has raised a $118 million Series B, the company announced Tuesday. The round includes $18 million in equity and a $100 million warehouse line of credit, led by Edison Partners. It brings the total equity funding for the B Corp — which operates locally and in DC, the greater Maryland […]
In the first half of 2021, HR tech company Phenom announced three acquisitions as it bolstered its business for an inevitable IPO. And here comes the fourth: Today, the Ambler-based company announced it has acquired 2013-founded Tandemploy, a Berlin-based HR tech company focused on solving key problems associated with employee experiences. The addition enhances Phenom’s […]
When Burro changed its name last year from Augean Robotics, CEO Charlie Andersen said the rebrand fell more in line with iconic agricultural brands that use an animal for their names like Deere and Bobcat. A few months after that name change and a $11 million Series A, Burro will actually be participating in an […]
It’s all about the story. That’s the main lesson that Bruce Marable, cofounder and CEO of HR tech startup Employee Cycle, got from his time in Comcast NBCUniversal’s future of work-focused LIFT Labs Accelerator powered by Techstars, which ended in November after 12 intensive weeks. “Storytelling is always key, and that’s what’s been reinforced,” he […]