PACT 2020 Enterprise Awards Moving to Live Digital Broadcast

‘The show must go on:’ PENN Medicine to be recognized as Digital Innovation Honoree while 27 other companies and individuals will vie for nine competitive awards

Philadelphia, PA., July 9, 2020 – Philadelphia Alliance for Capital and Technologies (PACT) today announced it is pivoting the 2020 Enterprise Awards to a studio-based, live digital broadcast. The one-hour awards program will be held Wednesday, September 9, 2020 starting at 4:30 p.m. EDT and will be free for everyone who registers.

“The Enterprise Awards remain the most competitive and admired business awards in the region. While we all continue to work through challenging times, it’s important that we pause to celebrate the accomplishments of these individuals and companies,” said Dianne Strunk, Vice President at PACT. “This pivot to a live digital broadcast allows us to showcase the vitality and success of our technology and healthcare leaders to a wider audience.”

Additionally, PACT has named PENN Medicine the 2020 Digital Innovation Enterprise Award Honoree. World-renowned for clinical, educational, and research excellence, Penn Medicine is one of the nation’s top academic medical centers.  Its Information Services Department develops and manages technology that supports the day-to-day clinical, research, educational, financial, and management operations. Penn Medicine will be recognized for the creation of its Immune Health Report, a software platform integrating information across its health system to enable real-time clinical decision support and research discoveries in cancer immunotherapy.

The 2020 PACT Enterprise Awards finalists:

Healthcare Innovator (Sponsor: Independence Blue Cross)

Quantitative Radiology Solutions

Spirovant Sciences

Tridiuum

Healthcare CEO (Sponsors: EY and Morgan Lewis Bockius)

JeanMarie Markham, Clinlogix

Michael Whitman, Micro Interventional Devices

Tony Coletta, Tandigm Health

Healthcare Emerging (Sponsors: RSM US LLP and SAP)

Camber Spine Technologies

Imalogix

Zynerba Pharmaceuticals

Healthcare Startup (Sponsor: Ben Franklin Technology Partners)

Century Therapeutics

MOBILion Systems

Quil

Technology Company (Sponsor: Comcast Business)

Accolade

Elemica

InstaMed, a J.P. Morgan Company

Technology CEO (Sponsor: Cozen O’Connor)

Ned Moore, Clutch

John Castleman, Mobiquity

Andy Schwartz, xtraCHEF

Technology Emerging (Sponsors: Fox Rothschild and EisnerAmper)

Benefits Data Trust

Greenphire

PerPay

Technology Startup (Sponsors: Broadpath and Troutman Pepper)

Cesium

ForMotiv

ZeroEyes

Investment Deal (Sponsor: Baker Tilly)

iPipeline

Spark Therapeutics

Tmunity Therapeutics

 

There’s no cost to register for this year’s Enterprise Awards. PACT is accepting contributions to the PACT Foundation, as they work to remove financial barriers to access to PACT membership, mentorship, and programming for entrepreneurs in the region.

Visit the PACT website for additional information. Register for the live digital broadcast of the 2020 PACT Enterprise Awards by clicking here.

About Philadelphia Alliance for Capital and Technologies (PACT) 

PACT’s vision is to be the go-to resource for fast growing companies, and a driver of entrepreneurship and innovation in the Philadelphia region. PACT provides its members with valuable content and connections to capital, coaching and customers that will accelerate their growth and success, and to collaborate with other organizations to drive innovation and entrepreneurship in the region. www.philadelphiapact.com

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Media Contact:

Kevin Jurrens

Broadpath

215 644-6504

[email protected]

 

Troutman Pepper Officially Launches

Law Firm One of 50 Largest in U.S., Expanded Practices and Broader Reach to Benefit Clients

NEW YORK — Troutman Sanders and Pepper Hamilton officially became Troutman Pepper (Troutman Pepper Hamilton Sanders LLP) today, a national law firm with 1,100 attorneys in 23 U.S. cities. The new firm offers clients greater resources and bench strength, enhanced practices, and expanded geographical reach.

Troutman Pepper is one of the 50 largest law firms in the country, with offices in eight of the 10 largest U.S. markets. The firm supports some of the country’s biggest industry sectors, including health sciences, energy, real estate, insurance, finance, private equity, construction, and technology.

The new firm is led by Steve Lewis, Chair and Chief Executive Officer.

“The mission of our firm is a higher commitment to client care,” Lewis said. “We will surpass what clients expect or appreciate, focusing on what they value. Our expanded capabilities and bigger footprint will allow us to deliver a new level of service to our clients.”

Read full press release.

Phorum Summer Series : Transform Your IT Spend

This Program is Part of the PACT Phorum Summer Series

About this Event

Transform Your IT Spend from Costly Ongoing Operations to Driving High-Impact Business Outcomes

Register Now

Part of the PACT Phorum Summer Series.

This Program Presented by Rimini Street

More and more IT and Procurement executives are leveraging independent software support services to significantly reduce their annual SAP and Oracle maintenance costs, freeing up critical funds to drive business innovation. Independent support presents a very compelling opportunity to drastically reduce your annual ERP ‘opex’ costs in exchange for a premium support experience with reduced risk.

Panelists:

Renee WellsVice President Product Strategy, Rimini Street

Rizwan Muhammad, Director Enterprise Apps , Avid

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Visit the Phorum Conference Website for details, agenda, and more.

Phorum Conference: Keynote Series

Join us for The Phorum Keynote Series in October — and for interactive content and live programming throughout the summer.

About this Event

Register now for the Phorum Conference Keynote Series in October 2020 — and get access to interactive content, networking, and live programming throughout the summer.

For the safety of our attendees and speakers, and to do our part to aid the global recovery, PACT will present Phorum as a fully remote conference: our original speaker lineup, presented over three half-days in October 2020.

Mark your calendars for our three-part Phorum Conference Series:

October 7 / Emerging Tech Trends and Keynote Presentation

October 14 / General Sessions: Ubiquitous Connectivity and Data Privacy

October 21 / General Sessions: Ethical Data & AI and Closing Keynote

REGISTER NOW, AND RECEIVE FREE ACCESS TO:

The Phorum Community App & Desktop Platform

Access exclusive content, create a customized personal profile, network and connect with other Phorum attendees through business matchmaking and 1-to-1 meetings.

The Phorum Summer Series

In the summer months, we’ll be rolling out digital content and virtual events featuring our Phorum speakers and demo pit companies, including:

JUNE

A Fireside Chat with Jeanne Ross, Author and Principal Research Scientist at MIT Center for Information Systems Research

“Digital leadership has never been more urgent” — a panel discussion on the rapid adoption of digital technologies in the wake of a global pandemic.

A.I. In Healthcare: Unlocking the Value of Data for Targeted Treatments and Improved Outcomes

JULY

Transform Your IT Spend from Costly Ongoing Operations to Driving High-Impact Business Outcomes

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Visit the Phorum Conference Website for details, agenda, and more.

PACT Announces Demo Pit Finalists for Phorum 2020

Eight startups will vie for the Phorum Phorward and People’s Choice Award

Philadelphia, PA, June 25, 2020 – PACT, the Philadelphia Alliance for Capital and Technologies, today

announced the eight finalists for the popular Demo Pit at Phorum 2020. Since the inaugural event, past winners have gone on to raise more than $65M in capital, and one third of the honorees have successfully completed exits to strategic acquirers. At Phorum 2019, Crossbeam took home the Phorum Phorward award for Best in Show.

The Demo Pit was created to allow startups to connect with C-level enterprise decision makers attending Phorum. As Phorum moves to a virtual format in 2020, the Demo Pit finalists will be highlighted throughout the Phorum Summer Series. In October, during the Phorum Keynote Series, the finalists will have four minutes to pitch their companies. The judges vote combined with the registrants’ vote will determine this year’s winner. The Phorum 2020 Demo Pit Judging panel consists of:

  • Bharat Santhanam, Associate, NewSpring Capital
  • Bob Moul, CEO, Circonus
  • Daniel Koval, Corporate Initiatives Manager, Bentley Systems
  • Jennifer Ciotti, Program Manager, SEI Ventures
  • Russ Kliman, Global Leader, SEI Ventures

Phorum 2020 Demo Pit Finalists

Alternative Investment Exchange

Alternative Investment Exchange (AIX) is an enterprise financial technology platform designed to transform the business model of investing in alternatives (any investment other than stocks, bonds, cash and mutual funds). Designed to remove friction across the previously opaque and manual clearing and settlement process, only AIX’s leading-edge technology provides full data connectivity across the entire lifecycle of buying, owning and selling.

Cassian Solutions

Cassian provides best in class patient engagement for specialty therapies through its two unique products, Cassian Flex and Cassian MediTrak. Its core software system, Cassian Flex, is designed to reduce the time and the cost of patient outreach for specialty pharmacies, hubs, and pharma brands while providing improved data granularity. Its hardware product MediTrak, is a discrete phone case medication dispenser that dispenses targeted specialty medications providing unparalleled insights into the patient journey and their medication-taking habits by combining data collection with medication dispensing.

IKE.Health

IKE is a post-revenue software company augmenting its current platform with advanced, patented natural language understanding and causal reasoning capabilities to provide speech-based dialog capabilities to translate patient needs into recommendations. IKE mobile app puts the best health outcomes in your pocket. Connecting patients with medical professionals of all specialties using natural language understanding, all consumers have to do is describe what they feel in their own words. IKE engages with users to let them explain what they need, dynamically asking clarifying questions where ambiguity exists. Leaving the diagnosis to the trained professional, IKE asks all the right questions dynamically based on patients’ input and “deep knowledge” of health conditions and pathways. Then, in coordination with primary care physicians or other healthcare advisors, recommends the right next steps such as telemedecine, home health, clinic visit, lab tests, specialist, or, for minor matters, diet or physical regimen changes.

Interseller

Interseller helps recruiters reduce the time it takes to source talent and make offers to candidates. Sourcing is the most tedious process in recruiting today and Interseller hopes to build the best and most effective process in the market.

Neura Health

Neura Health is a Digital Health Startup working on making Medical Imaging AI more accessible to Healthcare practitioners. Its goal is to build innovative AI products using the latest IT tools available and augment Medical Professionals, Clinicians and Radiologists with AI capability to increase their productivity and reduce time and cost for the patients.

Pulsedive

Pulsedive is a cybersecurity threat intelligence startup founded in 2017 delivering high-fidelity cyber threat intelligence to help organizations proactively improve their security posture. Pulsedive’s threat intelligence offerings support organizations at every level of security maturity. Intuitive search and risk scoring paired with enriched, contextual data keeps busy teams prioritized – helping to prevent wasteful false-positive investigations. With the ability to seamlessly integrate with internal and third-party systems, teams can flexibly leverage Pulsedive’s one-stop-shop platform and data.

StaffGeek

StaffGeek helps companies hire smarter. Companies powered by StaffGeek have been able to reduce time to hire, onboarding and turnover. Through proprietary DNA Sequencing (Distinct Native Attributes), StaffGeek is able to quantify a company’s culture, then create a customized company assessment so companies can evaluate which candidates are the right fit for their company culture.

threshold.world

threshold.world is an emerging leader in nonprofit impact software. The world and the living creatures that call it home face unprecedented crisis like never before. They can’t wait for incremental change. Technology’s role in this story is just beginning, and threshold.world believes it will be a major part of the solution. They are 100% focused on improving the world by AI-enabling nonprofits to improve outcomes for their beneficiaries with technology built on Microsoft.

For the latest information pertaining to speakers and conference agenda, or to register for Phorum 2020, please click here.

About Phorum 

Phorum is an annual technology strategy conference that gathers the Nation’s leading minds and most innovative solutions around a single, trending topic. Traditionally, hosted in Philadelphia, this intensive, one-day event includes insights from the Nation’s most authoritative experts; up-close interaction with relevant technological solutions and learnings from business leaders with first-hand experience capitalizing on what is new.  For more on Phorum or to register for tickets for Phorum 2020, visit the Phorum website: https://philadelphiapact.com/phorum-philly/.

About Philadelphia Alliance for Capital and Technologies (PACT) 

PACT’s vision is to be the go-to resource for fast growing companies, and a driver of entrepreneurship and innovation in the Philadelphia region. PACT provides its members with valuable content and connections to capital, coaching, and customers that will accelerate their growth and success, and to collaborate with other organizations to drive innovation and entrepreneurship in the region. www.philadelphiapact.com.

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Media Contact:

Kevin Jurrens

Broadpath

215 644-6504

[email protected]

 

Phorum 2020 Evolves into Virtual Series

Premier one-day enterprise technology conference adds Summer Series culminating with Keynote Series this Fall

Philadelphia, June 18, 2020 – Philadelphia Alliance for Capital and Technologies (PACT) announced today the enhancement of its enterprise technology conference, Phorum. The Phorum Summer Series debuts on June 24 and will feature monthly virtual events and On Demand content on the new Phorum desktop and mobile app. Phorum will culminate in October with the Phorum Keynote Series, featuring globally recognized expert, best-selling author and thought leader, Tony Saldanha.

Hosted by PACT and presented by Fairmount Partners and Anexinet, Phorum 2020: Becoming a Digital Disruptor In a Changing World will explore three key themes: Connectivity, Privacy and Ethical Data. Both the Summer Series and Keynote Series will feature a variety of lightning talks, panel discussions, keynote addresses and pitches from the Demo Pit finalists.

The Demo Pit finalists will deliver a two-minute pitch about their companies during the Phorum Summer Series using pre-recorded videos for registrants to view. During the Phorum Keynote Series, the finalists will have five minutes to pitch their companies ‘live’ to a panel of judges. The judges vote combined with the registrants’ vote will determine this year’s winner.

“We made an early decision to postpone Phorum 2020 for the safety of all participants due to the outbreak of COVID-19,” said Dean Miller, President and CEO of PACT. “Since that decision has been made, we have held many meetings and discussions with technology leaders to help us transform Phorum into what we’re presenting this summer and fall. Not only are we able to deliver all the originally scheduled speakers, but with the addition of the Summer Series, we can deliver more educational content and offer more opportunities for interactivity and networking among the registrants. We are thrilled with the Phorum programming we have to offer and are eagerly awaiting the kickoff.”

Upon registering for Phorum 2020, attendees will receive a link to download the new Phorum desktop and mobile app. Not only will the app house all the Phorum content, but it will also enable guests to network with each other, visit with sponsors, vote for the Demo Pit winner and more.

For the latest information pertaining to speakers and the Series agendas, or to register for Phorum 2020, please visit https://philadelphiapact.com/phorum-philly/.

About Phorum 

Phorum is an annual technology strategy conference that gathers the Nation’s leading minds and most innovative solutions around a single, trending topic. Traditionally hosted in Philadelphia, this intensive, one-day event includes insights from the Nation’s most authoritative experts; up-close interaction with relevant technological solutions and learnings from business leaders with first-hand experience capitalizing on what is new. For more on Phorum or to register for tickets for Phorum 2020, visit the Phorum website: https://philadelphiapact.com/phorum-philly/.

About Philadelphia Alliance for Capital and Technologies (PACT) 

PACT’s vision is to be the go-to resource for fast growing companies, and a driver of entrepreneurship and innovation in the Philadelphia region. PACT provides its members with valuable content and connections to capital, coaching, and customers that will accelerate their growth and success, and to collaborate with other organizations to drive innovation and entrepreneurship in the region. www.philadelphiapact.com.

###

Media Contact:

Kevin Jurrens

Broadpath

215 644-6504

[email protected]

RoseAnn B. Rosenthal to Leave President and CEO Role at Ben Franklin After 25 Years

Scott Nissenbaum to assume both responsibilities in January 2021

PHILADELPHIA (June 17, 2020)—The Ben Franklin Technology Partners of Southeastern Pennsylvania (Ben Franklin) Board of Directors has announced that after 25 years, RoseAnn B. Rosenthal, President and Chief Executive Officer, will be transitioning out of her current role and taking on a CEO Emeritus role, effective January 11, 2021.

Scott Nissenbaum, Ben Franklin’s Chief Investment Officer, will assume the title of President and Chief Operating Officer beginning July 1st. He will become President and CEO when Rosenthal assumes her CEO Emeritus role in January 2021.

During Rosenthal’s 25-year tenure, Ben Franklin introduced program innovations that evolved the statewide network into one of the most active seed and early stage investment operations in the nation. Between 1996 and 2019, it provided critical capital to more than 1750 emerging and diverse enterprises which created more than 25,000 technology-based jobs in client companies. Rosenthal evolved Ben Franklin from a grant-based to an earned-revenue financial model. Under her leadership, Ben Franklin catalyzed the formation of and invested in first-time venture funds, and entered into co-investment partnerships with county governments, universities and private corporations that increased the amount of seed capital for the region’s startups. In 2016 Rosenthal led the formation of Broad Street Angels, the Union League of Philadelphia’s 100- member angel investment group, which she chairs.

Read full press release. 

The need for Next-gen technologies in the BFS sector

Contributed by Cigniti

With user experience as the central purpose of the transformation, the BFS industry is gearing up and accelerating the digitization of their core operational activities.

As per a report, 75 to 80 percent of transactional operations (e.g., general accounting operations, payments processing) and up to 40 percent of more strategic activities (e.g., financial controlling and reporting, financial planning and analysis, treasury) can be automated. The BFS digital transformation is being propelled by the introduction of next-generation technologies including Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning (ML), Big data & Analytics, and Smart contracts.

Although the COVID-19 pandemic has forced the sector to take immediate measures for ensuring that everything is running smoothly, the transformation is still a high priority and is expected to be addressed as soon as the situation normalizes.

The Everest Group, in their recent article about the impact of COVID-19 outbreak on the BFS sector, suggested, “As an immediate response to the current situation, designing and executing customer assistance programs should be the top priority for BFS firms. In the medium term, the firms’ focus should gradually shift to modernization of legacy systems that slowed down banks’ agility and ability to respond to this crisis. Post COVID-19, BFS firms will need to reimagine their products, pricing, and channel strategies to fulfill evolved customers’ expectations.”

The next-gen technologies coupled with DevTestOps and Quality Engineering practices enable the industry to deliver quality services at speed. We talked about the integration of banking and financial services sector with these advanced technologies for leading them on the road of innovation, productivity, and user-centricity in our new blog. Read it here.

In our very first Virtual Round Table Conference, we have gathered four eminent industry leaders who will talk about how exactly the next-gen technologies help the BFS sector realize quality at speed. Join Ritesh Jain (COO, CTO, Former Head of Digital Technology at HSBC), Dr. David A. Bishop (CEO & Founder at Agile Worx), Avik Ganguly (Director of Engineering, DevOps, & Quality at London Stock Exchange), and Nanda Padmaraju (Senior Vice President at Cigniti Technologies) as they engage in an insightful discussion about the adoption of next-gen technologies in the Banking and Financial Services sector. Register for the virtual conference now to get your free access.

Cozen O’Connor Commits $150,000 in Services to Minority and Traditionally Underrepresented Entrepreneurs in Philadelphia

PHILADELPHIA, June 12, 2020 — Cozen O’Connor, through its startup program COpilot, has launched a program, committing an initial sum of $150,000 in legal services to minority and traditionally underrepresented entrepreneurs in the tri-state region. Led by Michael Crossey and Christopher McDemus, co-chairs of Cozen O’Connor’s Emerging Business & Venture Capital Practice, the initiative is part of the firm’s COpilot program. COpilot provides qualified young startups and new entrepreneurs with access to discounted legal services and deferrals..

Through the new initiative underrepresented entrepreneurs will have access to the firm’s attorneys and receive an initial grant of services. Companies who are selected to participate in this new program have the opportunity to continue working with Cozen O’Connor after the initial grant expires, but are not obligated do so. The firm plans to collaborate with entrepreneurial organizations in the mid-Atlantic region to identify eligible businesses, as well as conduct outreach to local universities.

Read more.