Author: pbj_repost
New Hope’s Cecilian Partners Raises $11M After Tripling Revenue
New Hope real estate technology firm Cecilian Partners has raised an $11 million Series A after tripling its revenue. The funding round was led by Baltimore-based Resolve Growth Partners. Founded in 2019, Cecilian Partners was creates software platforms and other technology for homebuilders and homebuyers. CEO John Cecilian Jr. said that the fresh capital will […]
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... Read More >Von Seldeneck: Philadelphia must embrace change, collaboration to unlock full potential
Philadelphia has always been a city of firsts, from the first public library to the first zoo. Now, it’s time for us to add another feather to our cap with the first female mayor. As Cherelle Parker breaks through glass ceilings, she brings with her a fresh perspective and a determination to create a culture […]
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... Read More >Investment Deals Slow For Ben Franklin Technology Partners In ‘Tightened’ Capital Market.
Investments by Ben Franklin Technology Partners of Southeastern Pennsylvania in fiscal year 2023 reflected a slow capital market, and CEO Scott Nissenbaum said more of the same could be coming. Ben Franklin receives state funding, so it isn’t as pressured by external market conditions as a traditional venture capital firm, but it still saw fewer companies raising […]
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... Read More >These 20 Innovators Are PHL Inno’s 2023 Fire Awards Honorees
It’s been a tough year for startups, with many forced to tighten their belts and lay off employees as venture capital funding dried up. Despite the national funding slump, Philadelphia-area startups continue to prove they’ve got fight in them, with the region landing among the top metros for venture capital deals in the first quarter and being […]
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... Read More >Philadelphia Startup Ecosystem Ranks Among World’s Top 30 And Has A Value Of $68B, Report Finds
Philadelphia remains one of the top startup ecosystems in the world, according to new rankings. In its annual report released Thursday, Startup Genome ranks the city at No. 27 out of more than 280 regional ecosystems around the world based on factors like startup growth and activity, innovation and research, capital availability, talent and support for companies. […]
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... Read More >Here Is The Complete List Of 2023 Best Places To Work In Greater Philadelphia
Workplaces continue to evolve. Companies have adopted new work models, enhanced their spaces, and overhauled their benefits and perks in efforts to attract and retain talent. Those decisions are proving fruitful for some, with a new survey finding that employee satisfaction at work has steadily risen over the past decade and reached a new benchmark […]
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... Read More >Philadelphia Lands Among Top Five Most Active Regions For Venture Capital In 1Q
Philadelphia has been working to cement its status among the most active regions for venture capital funding, and the first quarter of 2023 kept the region on that path. Greater Philadelphia ranked fifth in the U.S. for the most closed venture capital deals in 2022 and held that spot to begin 2023, according to the latest PitchBook-NVCA […]
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... Read More >‘Coworking Didn’t Let Us Become Ourselves’: CampusESP Leases Center City Office Space Amid Fast Growth
CampusESP is bucking the remote work trend in the tech and startup world, signing a new lease for Center City office space amid three consecutive years of rapid growth. The startup that acts as a resource for parents in the college decision process has taken a 5,500-square-foot space at the Graham Building at One Penn […]
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... Read More >CollX Raises $5.5M Seed Round, Nears Top Of Charts For Sports Apps
CollX has closed on a $5.5 million seed round as the sports trading card startup nears the top of the charts among all sports apps. The round was led by Austin-based Brand Foundry Ventures, with participation from Next Coast Ventures, FJ Labs, 114 Ventures, Ben Franklin Technology Partners and Morrison Seger Venture Capital Partners. Angel […]
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... Read More >Ben Franklin Technology Partners Invests $2M In 7 Philadelphia-Area Startups, Plans New $25M Fund
Ben Franklin Technology Partners of Southeastern Pennsylvania is investing $2 million in Philadelphia-area tech and health care startups before setting its sights on a new late-stage fund with a goal of raising at least $25 million — a welcome commitment for local startups as venture capital funding dries up. The investments were made in two […]
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