TT  UPstart Program res/services/#upstart

     Office Locations:

3401 Grays Ferry Ave Bldg 176, Ste 229
Philadelphia, PA 19146
Phone: 215-898-9591



  • Early
  • Seed



  • Information Technology
  • Life Sciences & Healthcare
  • Medical Device
  • Software & Internet



    The UPstart Program is an established partnership between the University of Pennsylvania and its faculty dedicated to the formation of new ventures based on Penn technologies. Launched in May 2010, the program currently includes more than fifty new venture projects in active development. UPstart provides vital company formation support to its program participants, and is a significant contributor to the innovation economy of the Greater Philadelphia region. After just two years, UPstart supports 50 active companies, over half of which are paired with entrepreneurs. Altogether, these companies have obtained $7.5 million in funding.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Adrienne McDonnell UPSTART Program Coordinator
    Dora Mitchell UPSTART Associate
    Heather A. Steinman Senior Associate Director of Licensing and Senior Advisor
    John S. Swartley Deputy Executive Director
    Karina Sotnik Senior Consultant


    Portfolio companies include:


    Recent News: