BFTP/SEP invests $2 million in 10 promising Greater Philadelphia companies

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Ten early-stage companies in Greater Philadelphia are at work on innovative projects, and they're getting a boost from $2 million in new investments from Ben Franklin Technology Partners of Southeastern Pennsylvania

Atrin Pharmaceutical is a Bucks County biopharmaceutical firm that centers its research on the treatment of cancers lacking effective therapies. Its technology will advance drug development for the treatment of solid tumors including breast, pancreatic, lung, ovarian and colon cancers.

Decision Simulation in Chester County is the creator of DecisionSim, a simulation-based learning platform that enhances decision-making by allowing organizations to easily create assessment, education and training programs. Leveraging adult learning and gaming concepts, DecisionSim allows custom learning experiences to be developed while evaluating the decisions of learners, and collects valuable objective behavioral data to allow for a greater understanding of decision-making.

H2Odegree (H2O) in Bucks County is a manufacturer of wireless sensors and Software as a Service (SaaS) that provides solutions for measuring, controlling and billing utility costs in apartments, allowing landlords to improve their overall financial performance. The company’s target market is multi-family housing customers who use the company’s products and services for tenant billing and energy conservation related to water, electric, gas, btus and thermostat controls. H2O has over 38,000 sensors installed in 13,000 apartments in over 130 properties throughout North America.

MilkCrate in Philadelphia engages and rewards users who want to live their values by providing sponsored civic and commercial opportunities related to sustainably. Its app serves as a central digital hub for municipalities, businesses and organizations to reach conscientious consumers with relevant and tailored information.

Philadelphia’s Pico is a real-time engagement tool for brands, allowing them to engage with fans during events through the fans' pictures. All fans' pictures are automatically uploaded to the brand’s Facebook Page. Using Pico’s auto-tagging abilities, a real bond between the fan and brand is created.

In Bucks County, PrescribeWell is a new Platform-as-a-Service that enables physicians, healthcare providers and integrated health systems to seamlessly implement a turnkey, self-branded prevention, wellness and obesity intervention business in their existing practice. Customers license the company’s “white label” solution as their own, enabling them to generate significant new revenue streams that leverage the changes in healthcare reimbursement policy for physicians in preventive medicine.

In Philadelphia, RistCall helps hospitals and skilled nursing facilities improve patient safety and satisfaction scores by updating traditional wall-mounted nurse-call buttons with wearable technology devices. RistCall currently focuses on reducing patient falls and improving hospital/patient satisfaction.

Philadelphia’s Textizen provides mobile technologies for public engagement. The company makes it easy for government, organizations and companies to connect with people on the device they use most — their mobile phone. The platform sends, receives and analyzes text messages. Administrators can click one button instead of making 10 or 10,000 phone calls, and use real-time dashboards to inform policy changes or deliver better customer service.

TowerView Health in Philadelphia helps chronically ill patients manage complex medication regimens. Patients using TowerView’s service receive pre-filled medication trays that insert into a connected pillbox, facilitating complex regimens with preformed ease — its akin to a single-serve coffee machine. The connected pillbox senses when patients forget medication doses and sends automated text message or phone reminders to patients and their loved ones.

Viridity Energy in Philadelphia, a software technology company focused on total energy management, has a software and technology platform that allows commercial and industrial users to identify inherent load flexibility in their operations and monetize it. The company says its”“software turns energy profiles into financial returns”” transforming how energy customers interact proactively and productively with the electric grid.

Source: BFTP/SEP
Writer: Elise Vider

BFTP of Southeastern PA, Energy, Health Care, Inventing the Future, Life Sciences, News