Here’s some news from that digital health fund put forth by Ben Franklin Technology Partners, Safeguard Scientifics and IBX’s parent company, IHG: The group led a $1.25 million seed round in Center City startup NeuroFlow.
An initial raise of $906,000 we’d been tracking on Formds.com was just topped off by the investing collective, established in December 2016 to boost the region’s health-tech aspirations. Per NeuroFlow cofounder and CEO Christopher Molaro, the definitive SEC filing should be submitted in the next few weeks.
What’s the money going toward? The company already has its platform — a tracker of biometric data to aid mental health professionals – up and running, but the capital infusion will let it bring aboard a data scientist, an engineer and ramp up sales and marketing.
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