Ben Franklin Technology Partners

Ben Franklin Technology Partners

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Investment Firm

Overview

Ben Franklin has provided the Capital, Knowledge and Networks that help innovative enterprises compete in the global marketplace, generating wealth and supporting regional economic growth. Ben Franklin has invested more than $165 million to grow more than 1,750 regional enterprises, across all areas of technology. It has launched university/industry partnerships that accelerate scientific discoveries to commercialization. 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.

Highlights

Founded

1982

Industry

Employees

101-250

Investment

86

Lead Investment

43

Exits

9

Stages

Seed, Early Stage Venture

Investor Type

Angel Group, Venture Capital

Location

University Park, Pennsylvania, United States, North America

Contact Information

Social

Profile Resume

Ben Franklin Technology Partners, established in 1982 and headquartered in United States, North America., specializes in Seed, Early Stage Venture investments across Social Media, Enterprise Software, Software, Virtualization, Financial Services, Venture Capital, FinTech, Banking, Consulting, Information Technology. The organization boasts a portfolio of 86 investments, with an average round size of $5.3M and 9 successful exits. Their recent investments include vcopious Software, Silicon Valley Bank, Rittenhouse Ventures, InstaMed, NJTC Venture Fund. The highest investment round they participated in was $15.1B. Among their most notable exits are vcopious Software and Silicon Valley Bank. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

N/A

Investment portfolio

Ben Franklin Technology Partners has made 86 investments. Their most recent investment was on May 02, 2024, when Latus Bio raised $54.0M.

Ben Franklin Technology Partners has made 14 diversity investments. Their most recent diversity investment was on Dec 19, 2023, when PolicyMap raised $3.0M.

investments

86

Diversity investments

14

Lead investments

43

Number of exits

9

Investments

86

Annouced DateOrganization NameIndustryMoney Raised
Dec 19, 2023
PolicyMap PolicyMap
Information Technology3.0M
Mar 20, 2024
Zenapse Zenapse
-8.0M
Mar 20, 2024
NovaData Solutions NovaData Solutions
Financial Servicesnull
May 02, 2024
Latus Bio Latus Bio
Biotechnology54.0M

Exits

9

Funding Timeline

Funding rounds

86

Investors

0

Funds

0

Funding Rounds

86

Ben Franklin Technology Partners has raised 86 rounds. Their latest funding was raised on May 02, 2024 from a Series A - Latus Bio round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Dec 19, 2023
Series A - PolicyMap Series A - PolicyMap
-3.0M-
Mar 20, 2024
Seed Round - Zenapse Seed Round - Zenapse
-8.0M-
Mar 20, 2024
Series A - NovaData Solutions Series A - NovaData Solutions
-0-
May 02, 2024
Series A - Latus Bio Series A - Latus Bio
-54.0M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

N/A