
Founded
31 Dec 2005
Address
MentorTech Ventures
3624 Market Street
Suite 300 University City Science Center
Philadelphia, PA 19104
United States
Phone
Website
VCID: 3031
Profile
Corporate information
Investment activity status
Active investor
Overview
MentorTech Ventures is a seed- and early-stage venture capital fund that invests in companies from the University of Pennsylvania ecosystem. MentorTech Ventures is wholly independent of and not affiliated with the University of Pennsylvania. These companies typically have key founders or managers who are students, faculty members or alumni of the university. Sometimes, the companies are based on intellectual property that originated at Penn.
We primarily focus on investments in the information technology, marketing technology and medical technology industries, where our experience and our networks allow us to add the most value to companies. We will consider investments in other areas, however, if the company has a sufficiently strong connection to Penn and a strong syndicate of co-investors with deep domain expertise.
We prefer to lead or co-lead our initial investments, though we will invest as part of a larger syndicate if appropriate. Our seed investments range in size up to $250,000 and are typically in IT and marketing technology companies that are still in the product development or early revenue phases. Our early-stage investments are somewhat larger and are usually in IT and marketing technology companies that have achieved early revenue growth or medical technology companies with some pre-clinical or clinical data.
In order to best leverage our experience and networks, we seek to invest primarily in companies in the greater Philadelphia and New York City areas. We will consider investments outside of this area, but only alongside strong, local partners.
Funds managed
Fund | Type | Vintage |
---|---|---|
Mentortech Ventures III LP | 2011 |
Team
Current employees
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Michael B Aronson |
Investments
Selected investments
Company | Country | Date | Notes | ||
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GoTenna Inc Developer of a device that lets smartphones communicate without cell towers, WiFi roters or satellites. |
United States | 3 Mar 2016 13 Apr 2017 19 Jun 2019 |
Series C Round participant. Active |
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Molecular Detection Inc Develops and markets Detect-Ready molecular diagnostic tests for the detection of infectious diseases |
United States | 1 Dec 2009 | Series C |
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TicketLeap Inc |
United States | 1 Jun 2008 | N/A |
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The Neat Co Inc Developer of integrated software and scanning solutions to digitize and organize receipts. |
United States | N/A |
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Medivo Inc A healthcare IT company that provides data analytics and lab testing services via the Internet |
United States | N/A |
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Diapers.com |
United States | N/A |
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Bioconnect Systems Inc Bioconnect Systems, Inc. is pioneering novel surgical implants and techniques that form precisely controlled vascular connections. |
United States | N/A |
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Channel Intelligence Inc |
United States | N/A |
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Neuro Diagnostic Devices Inc |
United States | N/A |
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MerchantCircle Inc |
United States | N/A |
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EyeIC Inc Developer of imaging technologies for medical applications. |
United States | N/A |
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Curalate |
United States | N/A |
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Reply! Inc |
United States | N/A |
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Wanderfly Inc |
United States | N/A |
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Diet Channel Network Inc |
United States | N/A |
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SeniorHomes.com A free resource for people looking for senior housing or senior care for a loved one or themselves |
United States | N/A |
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Spreecast Inc |
United States | N/A |
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Orbius Inc Provides a configurable enterprise-grade social media community platform |
United States | N/A |