MentorTech Ventures is a venture capital firm established in 2005. The firm was founded by Boris Kalandar and Michael Aronson. The firm is based in Philadelphia, Pennsylvania. As of March 2019, the firm has 14 companies and has sold off its shares in 26 companies. Its most recent investment occurred in August 2017 for Port, a company which provides online tool services to help make customers become members.
MentorTech Ventures’ focuses on investing in companies in the field of information technology as well as marketing and healthcare technology. The firm primarily invests in companies based in the Greater Philadelphia and New York City area. It specifically focuses on funding startups that come from the University of Pennsylvania’s ecosystem. The firm funds companies in various stages of development, from seed-stage to growth-stage. Its most recent funding round collected $24.2 million in November 2013.
Funding Rounds Participated In
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- Venture capitalVenture capital is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth. Capital invested usually carries a substantial element of risk.