Tech News

She Came up With a Device to Keep Hotel Workers Safer. Warby Parker’s Co-Founder Weighs In on How to Take the Startup to the Next Level

October 2, 2019

To mark its 40th anniversary, Inc. is matching 40 aspiring founders with 40 experienced mentors in the Founders Project. The most recent mentor-mentee pair each has a mission to improve lives: Neil Blumenthal, co-founder of Warby Parker, and Yasmine Mustafa, founder of ROAR for Good. Neil Blumenthal co-founded Warby Parker in 2010 with a dual […]

Center City Tech Firm Sidecar Raises $7.5M in Latest Round

August 1, 2019

Marketing tech firm Sidecar Interactive raised a new $7.5 million funding round, the Center City-based company confirmed this week, as it seeks to continue its “tremendous” growth. CEO Andre Golsorkhi told the Philadelphia Business Journal the funding round, a follow-on from its $11 million Series C in May 2017, will go toward investing in engineering […]

Sports Sponsorship Startup LeagueSide Has a New Office and Plans for Growth

July 25, 2019

LeagueSide, a sports sponsorship startup and 2018 realLIST honoree, has been making moves recently — both physically and money-wise. The startup is still in its seed round of fundraising after it was officially launched in 2015 by cofounders Evan Brandoff and Zubin Teherani. The pair met during a training camp for Venture for America and realized their shared love of volunteering with youth sports […]

xtraCHEF Raises $7.5 Million Series A to Help Restaurants Become More Data Driven

May 30, 2019

xtraCHEF, a cloud-based restaurant management platform that combines best-in-class AP automation with back-of-house business and operational intelligence, today announced the closing of a $7.5 million Series A funding round to fuel growth, accelerate its product roadmap and recruit new talent. The financing round was led by Radnor, PA-based MVP Capital Partners, with participation from existing […]

Acquisition Expands ABBYY’s Digital IQ Capabilities by Combining Content and Process IQ

May 20, 2019

ABBYY, a global leader in Content IQ technologies and solutions, today announced it has signed an agreement to acquire Philadelphia, Pennsylvania-based TimelinePI. TimelinePI provides a comprehensive process intelligence platform designed to empower users to understand, monitor and optimize any business process. The global process analytics market size is expected to grow to USD 1,421.7 million by […]

JP Morgan Buys Health-Care Payments Firm InstaMed in the Bank’s Biggest Acquisition Since the Financial Crisis

May 17, 2019

J.P. Morgan Chase is buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending. The bank agreed on Friday to purchase the Philadelphia-based company of about 300 employees that processed $94 billion in transactions last year, according to the two companies. J.P. Morgan is paying more […]

Inside ROAR for Good’s Pivot to B2B

April 26, 2019

In a way, Philly’s ROAR for Good — once the makers of a safety wearable device for the consumer market called Athena — was a victim of its own success. Its sleek-looking safety device, gleaming in silver or rose gold, and marketed as a protection tool against sexual harassment, began shipping to users in 2017, after a wildly over-subscribed […]

With backing from Capital One, This Startup is Working on an Edtech Platform for Refugees

April 9, 2019

A $150,000 check from Capital One will let Philly-based Choosito continue to develop and deploy its edtech platform for refugee children as it makes it way through the XPRIZE IBM Watson competition. Choosito, an alum of IC@3401, is one of the 30 finalists in the four-year global competition, which aims to find impactful use cases for artificial intelligence technologies to take on […]

LeagueSide Expands Nationally; Achieves 400+% Growth In Last 12 Months

March 25, 2019

LeagueSide, the nation’s leading youth sports marketing company enabling regional and national brands to sponsor youth sports leagues, has announced the kickoff of 2019 campaigns for prominent brands, including: Apparent Insurance, CityMD, Comerica, GoGo squeeZ, Noodles and Company, Meiji Hello Panda, Netspend, Popsicle®, Post Consumer Brands, The Franklin Institute and UPMC Health Plan. Based on […]

Why Chef Jose Andres & TGI Friday’s are Using this Philly Restaurant Tech Firm

March 21, 2019

Renowned chefs José Andrés and Michael Solomonov, Philadelphia coffee company La Colombe and national chain TGI Fridays are just a few names using a platform by a growing, venture-backed Philadelphia restaurant technology company now in a Series A round. Three years ago, local entrepreneurs Andy Schwartz, Bhavik Patel and Chaz Brown set out to make […]