
MentorTech Ventures
Description
MentorTech Ventures is a specialized seed and early-stage venture capital fund based in Philadelphia, Pennsylvania. Established in 2000, the firm distinguishes itself by exclusively investing in companies that emerge from the University of Pennsylvania ecosystem. This includes startups founded by Penn students, faculty, alumni, or those leveraging technology developed within the university.
The fund's investment strategy focuses on providing initial capital to promising ventures at their nascent stages. MentorTech Ventures typically provides initial investments ranging from $250,000 to $1,000,000, aiming to support companies through critical early development phases. Since its inception, the firm has demonstrated a consistent commitment to its niche, having invested in over 70 companies across various sectors, all linked to the Penn community.
MentorTech Ventures has progressively grown its capital base, currently investing out of its fourth fund. Across all its funds, the firm has amassed total capital commitments exceeding $60 million. Beyond financial backing, MentorTech Ventures offers its portfolio companies invaluable access to the extensive University of Pennsylvania network, including mentorship from experienced entrepreneurs and industry leaders, strategic guidance, and connections to potential partners and customers. This unique approach underscores its role in fostering innovation and entrepreneurship directly within the academic powerhouse of the University of Pennsylvania.
Investor Profile
MentorTech Ventures has backed more than 41 startups, with 0 new investments in the last 12 months alone. The firm has led 7 rounds, about 17% of its total and boasts 12 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, France, Japan.
- Strong thematic focus on E-Commerce, Health Care, Software.
- Typical check size: $250K – $1M.
Stage Focus
- Series A (41%)
- Series B (22%)
- Series Unknown (17%)
- Series C (7%)
- Debt Financing (5%)
- Angel (2%)
- Series E (2%)
- Seed (2%)
Country Focus
- United States (93%)
- France (5%)
- Japan (2%)
Industry Focus
- E-commerce
- Health Care
- Software
- Mobile
- Consumer Electronics
- Marketing
- Retail
- Analytics
- Hardware
- Social Media
Frequently Asked Questions
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