StartUp PHL

investment firm

About

StartUp PHL is a collaborative effort between the City of Philadelphia Department of Commerce .

Details

Operating Status
Active
Investor Type
MVC

StartUp PHL is a collaborative effort between the City of Philadelphia Department of Commerce and the Philadelphia Industrial Development Corporation—a forward thinking initiative inspired by the infusion of entrepreneurial talent that has boosted the city’s energy and brought new vitality to its neighborhoods.

Funds Raised

Announced Date Fund Name Money Raised
Mar 15, 2018 StartUp PHL Fund II $3.50M
Jul 19, 2016 StartUp PHL Fund I -

Investments

Number of Investments
Number of Lead Investments
17
10
StartUp PHL has made 17 investments. Their most recent investment was on Jan 6, 2019, when Houwzer raised $5.30M.
Date Company Name
Round Money Raised Industry Lead Investor
Jan 6, 2019 Houwzer
Seed $5.30M Consumer
May 16, 2018 Blogger Republik
Seed $175K Consumer Yes
May 16, 2018 Bakround
Seed $175K Human Resources Yes
May 16, 2018 Deepwave Digital
Pre-seed $200K Artificial Intelligence Yes
May 16, 2018 Sun and Earth
Seed $183.33K Green Consumer Goods Yes

Exits

StartUp PHL has had 2 exits. StartUp PHL most notable exits include Termaxia ,   Netsil

Date Company Name Exit Type Industry
Mar 6, 2020 Termaxia M&A Big Data Detail
Mar 12, 2018 Netsil M&A Business Intelligence Detail