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About Ben Franklin Technology Partners
Ben Franklin Technology Partners is a venture capital firm founded in 1982. It is primarily based out of Philadelphia, United States. As of Sep 2021, Ben Franklin Technology Partners has invested in 303 companies. 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 Life Sciences and High Tech. Most recently it participated in the $***** Series A round of Astarte Medical Overall, Ben Franklin Technology Partners portfolio has seen 1 unicorn, 4 IPOs and 73 acquisitions including key companies like Vistar Media, Accolade and Greenphire. A lot of funds co-invest with Ben Franklin Technology Partners, with names like Robin Hood Ventures sharing a substantial percentage of its portfolio. Ben Franklin Technology Partners has team of 10 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 9 more
Portfolio Unicorns
Portfolio Soonicorns
Ben Franklin Technology Partners' List of Top Investments
Ben Franklin Technology Partners has a portfolio of 303 companies, one of which is a Unicorn. Their most notable investments are in Luxtech and WizeHive.Their portfolio spans across United States, United Kingdom, Australia and 7 more locations. They have invested in Enterprise Applications, Life Sciences, High Tech and 35 other sectors, across stages such as Seed, Series A and 9 more. Here is the list of top investments by Ben Franklin Technology Partners:1. Vistar Media
Provider of programmatic digital out-of-home advertising solutions for marketers. The company offers tools for media owners, providing access to marketing partners. It gives marketers the advantage to deliver stories at scale. The company connects marketers and media owners to audiences. It offers a platform that hosts out-of-home inventory.
Key facts about Vistar Media
- Founded Year: 2011
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $32M
- Employee Count: 354 as on Sep 30, 2026
- Investors: Eniac Ventures, ROCA Partners and 8 Others
- Latest Funding Round: Series B, Jul 12, 2021, $*****
- Highlight: Acquired
2. Accolade
Cloud-based platform for employee health benefits. The platform provides consumer healthcare engagement and influence solutions for employers and payer organizations. The company offers a web portal and app-based health assistant to consumers which acts as a point of contact for health benefits or healthcare needs. It has features for users to engage in healthcare plans, access clinical guidance, access population health management, and compares benefits.
Key facts about Accolade
- Founded Year: 2007
- Location: Plymouth Meeting (United States)
- Annual Revenue: $100M - $500M as on Feb 29, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $228M
- Investors: Cross Creek, SRI Capital and 17 Others
- Latest Funding Round: Post IPO, Oct 15, 2021, $*****
- Highlight: Acquired
3. Greenphire
Clinical trial technology simplifying the journey for patients, sites, and sponsors. They offer a platform designed to streamline clinical trials, providing data-driven insights for faster, better decisions. Their solutions support patients, study sites, CROs, and sponsors, aiming to ease the clinical trial experience for everyone involved. The company is committed to social responsibility, supporting patient advocacy and healthcare improvements. They foster inclusion across their workforce and in clinical trials, promoting diversity and broader participation in research. Sustainability is also a key focus, with a commitment to operating ethically and limiting environmental impacts. Their platform includes IRT, eCOA, eConsent, patient payments, travel scheduling, a patient app, site payments, and budgeting & benchmarking tools. They offer client services, systems integration, and resources like news, case studies, reports, blogs, and podcasts. The company provides technology and teams to support life-changing studies, offering a cloud-based platform for managing clinical trial processes.
Key facts about Greenphire
- Founded Year: 2007
- Location: King Of Prussia (United States)
- Stage: Acquired
- Total Funding till date: $5.81M
- Employee Count: 209 as on Apr 30, 2026
- Investors: Saratoga Investment, Ares Capital Corporation and 3 Others
- Latest Funding Round: Series A, 2017, $*****
- Highlight: Acquired
4. Monetate
Platform offering end to end personalized solutions for businesses. Using the monetate dashboard, users can target their consumers based on various factors like their geographic location, weather, etc. It offers A B testing, AI technology driven personalization, and more. It also offers patented technology that helps customers with impactful individualized experiences, resulting in increased engagement, conversions, and lifetime value.
Key facts about Monetate
- Founded Year: 2008
- Location: Philadelphia (United States)
- Stage: Acquired
- Total Funding till date: $43.9M
- Employee Count: 115 as on Sep 30, 2026
- Investors: Western Technology Investment, Floodgate and 11 Others
- Latest Funding Round: Series C, Dec 05, 2013, $*****
- Highlight: Acquired
5. Keriton
Feeding management platform ensuring safe, efficient care for hospitalized infants and children. This innovative platform, designed by clinicians, streamlines workflows, enhances efficiency, and drives data-driven safety in neonatal and pediatric hospital settings. It optimizes breast milk management, boosts lactation support, and promotes parent engagement. The platform offers multilayered validations for safe feeds, simplifies recipe preparation, and provides real-time analytics with quality metrics. It connects families with care teams, offering updates and secure messaging. The solution is HIPAA-compliant, offers secure EMR integration, and is SOC 2 Type 2 certified. It supports clinical dietitians, lactation consultants, bedside nurses, and parents, ensuring accuracy, reliability, and improved communication. This comprehensive, cloud-based SaaS solution is built with clinicians and evolves with your needs, offering robust training and technical support.
Key facts about Keriton
- Founded Year: 2016
- Location: Philadelphia (United States)
- Stage: Acquired
- Total Funding till date: $2.11M
- Employee Count: 23 as on Sep 30, 2026
- Investors: Penn Medicine, BioAdvance and 7 Others
- Latest Funding Round: Seed, Sep 21, 2018, $*****
- Highlight: Acquired
Ben Franklin Technology Partners' Year-on-Year Investment Trends
Ben Franklin Technology Partners has invested in 303 companies over the last 35 years, with an average of 7 new investments annually in the last 10 years. Its most recent first time investment was in VESTECK and most recent follow-on round was in Astarte Medical.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 8 | 1 | 9 |
2020 | 0 | 0 | 0 |
2019 | 7 | 2 | 9 |
2018 | 22 | 4 | 26 |
2017 | 33 | 6 | 39 |
Ben Franklin Technology Partners' Investments by Stage
Ben Franklin Technology Partners has made 143 investments in Seed stage with an average round size of $578K, 14 investments in Series A stage with an average round size of $2.94M and 4 investments in Series B stage with an average round size of $6.98M.Stage of entry | No. of Investments |
|---|---|
Seed | 143 |
Series A | 14 |
Series B | 4 |
Grant (prize money) | 3 |
Unattributed | 3 |
Others | 10 |
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, Vertical SaaS, HealthTech and High Tech. Notably, it has invested in 238 Tech companies, 219 Enterprise (B2B) companies, 152 Software companies and at least 80 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 76 |
Life Sciences | 41 |
Vertical SaaS | 34 |
HealthTech | 33 |
High Tech | 29 |
Others | 173 |
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 (172), followed by United Kingdom where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 172 |
United Kingdom | 2 |
Canada | 1 |
India | 1 |
Israel | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Ben Franklin Technology Partners' recent investments
Ben Franklin Technology Partners has not made any investment in 2026 so far.Here are the most recent investments by Ben Franklin Technology Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 22, 2021 | United States | Series A | 7015 | ||
Aug 25, 2021 | United States | Series A | 1872 | [+4] | |
May 05, 2021 | United States | Seed | 5845 | - | |
Apr 22, 2021 | United States | Seed | 3805 | - | |
Apr 22, 2021 | United States | Seed | 3803 | - |
Unicorns in Ben Franklin Technology Partners' Portfolio
Ben Franklin Technology Partners has 1 unicorn in its portfolio - Phenom. The most recent unicorn in their portfolio is Phenom which became a unicorn in 2021, 5 years before 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 |
|---|---|---|---|---|---|---|---|
66 | Provides talent experience management platform | 2010 | Ambler | Series D | zmxpltv |
IPOs and Publicly Listed companies in Ben Franklin Technology Partners' Portfolio
4 of Ben Franklin Technology Partners' portfolio companies have become public. Annovis got listed on the New York Stock Exchange (NYSE), in Jan 2020 at marketcap of $39.1M and Bionano got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $69.9M.Here are Ben Franklin Technology Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 29, 2020 | Jan 11, 2012 | Seed | 5743 | |
Aug 21, 2018 | May 17, 2006 | Seed | 3282 | |
May 20, 2014 | Oct 01, 2013 | Series A | 2207 | |
Jul 25, 2013 | Mar 13, 2009 | Series C | 5229 |
Acquired companies in Ben Franklin Technology Partners' Portfolio
73 companies from Ben Franklin Technology Partners' portfolio have been acquired. The most recent acquisition was Keriton.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 |
|---|---|---|---|---|
Jan 28, 2026 | Feb 16, 2017 | Seed | 6876 | |
Aug 07, 2025 | Nov 08, 2018 | Seed | 2783 | |
May 21, 2025 | Jul 31, 2018 | Series A | 6706 | |
Jan 13, 2025 | Apr 30, 2013 | Seed | 7474 | |
Jan 08, 2025 | - | - | 7554 |
Team profile of Ben Franklin Technology Partners
Ben Franklin Technology Partners has a team of 10 members including 2 Partners and 3 Principals located in United States. Ben Franklin Technology Partners' team does not sit on the board of any company as of now.Here is a list of all team members in Ben Franklin Technology Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Philadelphia | - | ||
Partner | Pennsylvania | - | ||
Principal | Philadelphia | - | ||
Principal | Philadelphia | - | ||
Principal | Philadelphia | - |
Co-investors of Ben Franklin Technology Partners
Over the past 35 years, 305 investors have co-invested in Ben Franklin Technology Partners's portfolio companies. This includes funds and angels.
- Invested before Ben Franklin Technology Partners: Dreamit, National Science Foundation and 77 others have invested in rounds before Ben Franklin Technology Partners. There are 11 companies where Dreamit has invested before Ben Franklin Technology Partners and 6 companies where National Science Foundation has invested before Ben Franklin Technology Partners.
- Top Co-investors of Ben Franklin Technology Partners: 45 investors entered a company along with Ben Franklin Technology Partners. These include investors like Robin Hood Ventures (5 companies).
- Invested after Ben Franklin Technology Partners: A total of 181 investors have invested in Ben Franklin Technology Partners's portfolio after their investments. Top Investors include Ben Franklin Technology Partners (14 companies), HHS (8 companies) and Robin Hood Ventures (4 companies).
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