Impact-focused Startups: Get At This $15M Investment Pool

In the impact investment space, $15 million is a decent number.

Led by Ben Franklin Technology Partners, that’s the figure a group of orgs have drummed up under the ImpactPHL banner as part of a significant effort to fund technology-heavy, early stage Philly companies working on social, environmental and health issues.

The initial roster of funders joining the initiative include Spring Point Partners, Investors’ Circle, Drexel University, Temple University, Safeguard Scientifics, Independence Health Group and the Bucks County Retirement Board. (By dropping the term initial in there, the implication is that more partners may join the effort over time.)

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