Author: technically_repost

Respiratory Device Company Strados Labs Raised $4.5M, With 2022 Hiring Plans

January 6, 2022

Strados Labs, maker of a non-invasive respiratory smart device and system, has raised $4.5 million with plans to grow its team and scale its platform for more trials. CEO and cofounder Nick Delmonico told Technical.ly that cultivate(MD), a medical device venture capital fund, was this round’s lead investor — a “perfect fit,” the CEO said. […]

In a Deal That ‘Bodes Well’ for Local Investors, Center City’s Sidecar Has Been Acquired by Quartile

December 14, 2021

Performance marketing company Sidecar, a mainstay in the Philly tech scene since its launch nearly a decade ago, has been acquired by New York-based Quartile, the company announced Monday. Five-year-old ad optimization platform Quartile specializes in ecommerce marketplace sellers, and Sidecar CEO Andre Golsorkhi said that the deal — for which details were not disclosed […]

Roundtrip Raised a ‘Strategic Investment’ Round to Drive Expansion (and Hiring) Plans

December 9, 2021

On Thursday, on-demand patient ride booking company Roundtrip said it had raised a “strategic investment” round of fundraising from a mix of existing and new investors. The Callowhill-based company makes software that connects ride requests to a group of transportation companies. It’s aimed at transporting patients to non-emergent healthcare appointments via the likes of medical […]

What is 1Philadelphia? Sylvester Mobley on Building Infrastructure For Racial Equity in Philly Tech

December 9, 2021

“Systemic” is just buzzwordy enough to become meaningless without context. But Sylvester Mobley can offer one stark example of the real-world effects of a systemic issue hindering Philly young people’s futures. After launching the Innovation League, a competition-driven tech skills development initiative, this year, he kept hearing from parents that they didn’t feel comfortable about […]

How Can Entrepreneurs Tackle Health Inequities with Tech Solutions?

December 1, 2021

Tennis icon Serena Williams was vocal about her difficulties as a Black woman who experienced a scary childbirth. Track and field star Allyson Felix also spoke out about the life-threatening complications she faced during her pregnancy. While these mothers — both wealthy celebrities — had access to financial resources and support to assist them during […]

Machine Data and Analytics Company Circonus Raised a $10M Series B, with Plans to Add Philly-Area Execs

November 18, 2021

When Bob Moul took helm of full-stack monitoring and analytics company Circonus in 2019 as its CEO, he was entering the top position at a tech company for the fifth time. He did so because he saw potential in a huge market that had lots of complexity, and the company’s “incredible tech and an amazing […]

Why it Matters That Ben Franklin Tech Partners’ New Team Brings Clinical Experience to Healthcare Investing

November 10, 2021

Often times it is the people closest to problems who best understand the solutions. That’s why state-backed seed and early-stage funder Ben Franklin Technology Partners has brought on pros with direct experience in the healthcare field to lead its new Healthcare Investment Group (HIG). HIG Managing Director Jennifer Hartt, Ben Franklin’s former director of investments […]

Mentor Connect: Join PACT and Ben Franklin’s All-Star Lineup to Advise Rookie Entrepreneurs

October 25, 2021

It’s October in Philadelphia. The actual baseball fields here are getting ready for off-season maintenance, but innovation has no offseason here. When it comes to entrepreneurial mentorship, we’re already a city of champions — and while the Mentor Connect lineup of mentors and leaders is deep, tryouts are always open, and recruiting never stops. If […]

5 Years of ImpactPHL: 15 Regional Impact Investing Growth Signals to Accelerate

October 8, 2021

What future do you imagine for the Greater Philadelphia region? When we ask this question, responses touch on everything from climate resiliency to racial justice, eliminating poverty to greater health equity. While the answers are varied, they boil down to a common core: People want well-being for themselves, family, neighbors, communities, our region, and our […]

ROAR for Good Just Got its Tech Patented. Here’s What That Means for the Safety Device Company

September 29, 2021

ROAR for Good, maker of a personal safety devices for hospitality and other workers, had a challenging year as it navigated the pandemic’s impact. CEO and cofounder Yasmine Mustafa had pivoted the company from B2B to hospitality right as COVID-19 made it one of the hardest-hit industries of 2020. But she kept her eyes on […]