About Ben Franklin Technology Partners
Ben Franklin Technology Partners is a venture capital firm founded in 1983. It is primarily based out of State College, United States. As of Aug 2026, Ben Franklin Technology Partners is an active investor, having invested in 232 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Life Sciences. Most recently it participated in the $***** Series B round of Meduloc Overall, Ben Franklin Technology Partners portfolio has seen 1 unicorn, 4 IPOs and 36 acquisitions including key companies like Merck, Texas Instruments and DS Smith. A lot of funds co-invest with Ben Franklin Technology Partners, with names like LSGPA sharing a substantial percentage of its portfolio. Ben Franklin Technology Partners has team of 31 people including 9 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Conventional Debt & 8 more
Portfolio Acquisitions
Portfolio Unicorns
Ben Franklin Technology Partners' List of Top Investments
Ben Franklin Technology Partners has a portfolio of 232 companies, one of which is a Unicorn. Their most notable investments are in Advanced-Tec Materials and MacuLogix.Their portfolio spans across United States, United Kingdom, France and 3 more locations. They have invested in Enterprise Applications, High Tech, Life Sciences and 35 other sectors, across stages such as Seed, Conventional Debt and 8 more. Here is the list of top investments by Ben Franklin Technology Partners:1. Merck
Manufacturer of pharmaceutical products. The Company offers health solutions through its prescription medicines, vaccines, biological therapies, and animal health products, which it markets directly and through its joint ventures. It operates through one segment, Pharmaceutical. The Company's Pharmaceutical segment includes human health pharmaceutical and vaccine products marketed either directly by the Company or through joint ventures. The Company has operations in the Pharmaceutical, Animal Health, Alliances, and Healthcare Services segments. Human health pharmaceutical products consist of therapeutic and preventive agents, generally sold by prescription, for the treatment of human disorders. As of August 2014, Merck's research and development efforts have led to the approval of more new drugs than any other company. Research performed at Merck has led to U.S. FDA approval of 63 New Molecular Entities. In 2022, the company recorded annual revenues of $57.09B and a net profit of $13.03B.
Key facts about Merck
- Founded Year: 1891
- Location: Rahway (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Employee Count: 44,751 as on Apr 30, 2026
- Investors: Berkshire Hathaway, Gershon Capital and 11 Others
- Latest Funding Round: Grant (prize money), Sep 15, 2021, $*****
- Highlight: Public
Manufacturer of analog and embedded processing chips for various applications. The company provides solutions for industrial, automotive, data center, and communications equipment. It offers products such as amplifiers, data converters, microcontrollers, power management, and wireless connectivity. The company also provides reference designs, design and simulation tools, and educational resources.
Key facts about Texas Instruments
- Founded Year: 1930
- Location: Dallas (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Employee Count: 33,545 as on Jun 30, 2026
- Investors: Alcor Fund, Elliott Management and 7 Others
- Latest Funding Round: Post IPO, May 28, 2024, $*****
- Highlight: Public
3. Clutch
B2B marketplace platform offering product review and business connectivity platform. It is a product research and review sharing platform for business application with features such as search engine tool, categories based segmentation for discovery, company profiles, comparison tools and user review option. It provides data on companies offering services such as AI, IT services, digital marketing, and web development. The platform provides data such as website, pricing, revenue, offering, and more.
Key facts about Clutch
- Founded Year: 2013
- Location: Washington, DC (United States)
- Stage: Series B
- Total Funding till date: $70.3M
- Employee Count: 224 as on Jun 30, 2026
- Investors: Alkeon Capital Management, Susquehanna Growth Equity and 6 Others
- Latest Funding Round: Series B, Jan 23, 2025, $*****
- Highlight: Editors' Pick
4. DS Smith
DS Smith is a manufacturer of customer-specific packaging for consumer goods industry. The company got listed on London Stock Exchange in 1986. It has acquired multiple companies like St Regis Paper Company, Kemsley Paper Mill, Kaysersberg Packaging, Spicers, and TRM Packaging.
Key facts about DS Smith
- Founded Year: 1940
- Location: London (United Kingdom)
- Stage: Acquired
- Employee Count: 13,152 as on Jun 30, 2026
- Investors: Triodos Investment Management, Economy And Finance and 6 Others
- Latest Funding Round: Grant (prize money), Jun 11, 2024, $*****
- Highlight: Acquired
5. Schott AG
Schott AG is a multi-national manufacturer of speciality glass, glass products and glass ceramics.Product range comprises of 50 brands that include 'adaptiQ', 'Heliojet', 'Ceran', 'Artista', 'Illax' and more.Product group serves applications such as Advanced Optics, Imaging, Tubing, Electronic Packaging and Home technology. Business areas served include Defence, Aviation, Automotive,Life Sciences, Architecture, Lighting, Pharmaceuticals and Electronics. Schott Corporation is the North American holding company of the group. The parent company-Schott AG is entirely owned by the Carl Zeiss Foundation.Employee work force is close to 15000 with the North American subsidiary accounting for 2100 of those.
Key facts about Schott AG
- Founded Year: 1884
- Location: Mainz (Germany)
- Annual Revenue: €0 - €1M as on Sep 30, 2024
- Stage: Acquired
- Employee Count: 5,758 as on Jun 30, 2026
- Investors: Ben Franklin Technology Partners, Union Park Capital and 4 Others
- Latest Funding Round: Grant (prize money), Mar 20, 2023, $*****
- Highlight: Acquired
Ben Franklin Technology Partners' Year-on-Year Investment Trends
Ben Franklin Technology Partners has invested in 232 companies over the last 28 years, with an average of 8 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Aug 2026, it has made 2 investments in this year. Its most recent first time investment was in Meduloc and most recent follow-on round was in Latus.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 1 | 0 | 1 |
2024 | 7 | 1 | 8 |
2023 | 9 | 1 | 10 |
2022 | 29 | 2 | 31 |
2021 | 13 | 1 | 14 |
2020 | 7 | 1 | 8 |
2019 | 2 | 2 | 4 |
2018 | 2 | 1 | 3 |
2017 | 3 | 0 | 3 |
Ben Franklin Technology Partners' Investments by Stage
Ben Franklin Technology Partners has made 107 investments in Seed stage with an average round size of $1.04M, 23 investments in Conventional Debt stage with an average round size of $55.2K and 21 investments in Series A stage with an average round size of $6.49M.Stage of entry | No. of Investments |
|---|---|
Seed | 107 |
Conventional Debt | 23 |
Series A | 21 |
Venture Debt | 12 |
Unattributed | 10 |
Others | 19 |
Note: We have considered here, only first round of investments
Ben Franklin Technology Partners' Investments by Sector
Ben Franklin Technology Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Life Sciences, High Tech, Consumer and HealthTech. Notably, it has invested in 163 Tech companies, 155 Enterprise (B2B) companies, 92 Software companies and at least 46 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 60 |
Life Sciences | 33 |
High Tech | 32 |
Consumer | 25 |
HealthTech | 23 |
Others | 199 |
Note: We have considered here, only first round of investments
Ben Franklin Technology Partners' Investments by Geography
Ben Franklin Technology Partners has made most investments in United States (185), followed by United Kingdom where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 185 |
United Kingdom | 3 |
France | 1 |
Germany | 1 |
India | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Ben Franklin Technology Partners' recent investments
Ben Franklin Technology Partners has made 2 investments in 2026 so far - Meduloc and Latus.Here are the most recent investments by Ben Franklin Technology Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 06, 2026 | United States | Series B | 9174 | [+2] | |
May 04, 2026 | United States | Series A | 3834 | [+6] | |
Oct 20, 2025 | United States | Seed | 7894 | [+1] | |
Nov 01, 2024 | United States | Series A | 3663 | [+3] | |
Oct 29, 2024 | United States | Seed | 3122 |
Unicorns in Ben Franklin Technology Partners' Portfolio
Ben Franklin Technology Partners has 1 unicorn in its portfolio - Gecko Robotics. The most recent unicorn in their portfolio is Gecko Robotics which became a unicorn in 2025, 11 years after Ben Franklin Technology Partners first invested in it.Here is a list of unicorns in Ben Franklin Technology Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | AI and robotics for infrastructure inspection, maintenance, and operational excellence | 2013 | Pittsburgh | Series D | eypocdx |
IPOs and Publicly Listed companies in Ben Franklin Technology Partners' Portfolio
4 of Ben Franklin Technology Partners' portfolio companies have become public. Bionano got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Aug 2018 at marketcap of $69.9M and IQE got listed on the London Stock Exchange (LSE) at marketcap of $787M.Here are Ben Franklin Technology Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 21, 2018 | Mar 26, 2008 | Series A | 6729 | |
Sep 30, 2003 | - | - | 4837 | |
Oct 01, 1953 | - | - | 8595 | |
Apr 20, 1949 | - | - | 5960 |
Acquired companies in Ben Franklin Technology Partners' Portfolio
36 companies from Ben Franklin Technology Partners' portfolio have been acquired. The most recent acquisition was Halo Labs in May 2025 by Waters Corporation for $*****.Here are Ben Franklin Technology Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 21, 2025 | Jan 30, 2014 | Seed | 5825 | |
Dec 10, 2024 | Sep 08, 2022 | Seed | 7490 | |
Oct 16, 2024 | Apr 17, 2009 | Unattributed | 3275 | |
Aug 08, 2024 | - | - | 3014 | |
Feb 20, 2024 | Jan 06, 2020 | Series A | 2296 |
Team profile of Ben Franklin Technology Partners
Ben Franklin Technology Partners has a team of 31 members including 9 Partners and 12 Principals located in United States and United Kingdom. Ben Franklin Technology Partners' team does not sit on the board of any company as of now.Here is a list of top team members in Ben Franklin Technology Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Pittsburgh | - | ||
Partner | State College | - | ||
Partner | United States | - | ||
Partner | Philadelphia | - | ||
Partner | Philadelphia | - | ||
Partner | Wayne | - | ||
Partner | Reading | - | ||
Partner | United States | - | ||
Partner | United States | - | ||
Principal | United States | - | ||
Principal | United Kingdom | - |
Co-investors of Ben Franklin Technology Partners
Over the past 28 years, 421 investors have co-invested in Ben Franklin Technology Partners's portfolio companies. This includes funds and angels.
- Invested before Ben Franklin Technology Partners: Ben Franklin Technology Partners, Dreamit and 95 others have invested in rounds before Ben Franklin Technology Partners. There are 14 companies where Ben Franklin Technology Partners has invested before Ben Franklin Technology Partners and 5 companies where Dreamit has invested before Ben Franklin Technology Partners.
- Top Co-investors of Ben Franklin Technology Partners: 163 investors entered a company along with Ben Franklin Technology Partners. These include investors like LSGPA (6 companies).
- Invested after Ben Franklin Technology Partners: A total of 161 investors have invested in Ben Franklin Technology Partners's portfolio after their investments. Top Investors include NIH (5 companies), HHS (4 companies) and Ben Franklin Technology Partners (4 companies).
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Latus Raises $54M in Series A FinancingFinSMEs•May 03, 2024•, 8VC, DCVC, Samsung BioLogics and 7 others
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