Everything startup in one place: who's building, how the landscape clusters, the people and investors behind it, and whether the capital is real.
Summary
Capital reaches a meaningful minority of the company base: 992 of 7999 tracked companies have ever raised outside money. That gives Philadelphia more funded startups than Baltimore or Washington, but far fewer than Boston or Chicago.
WATCH Watch whether local founders close the funding gap with larger regional rivals.
Summary
Company formation is lively, but capital is not the default. There are 1181 recently founded companies, while 1953 tracked businesses are unfunded and 505 are deadpooled; acquisitions and seed-stage firms nevertheless show several paths beyond bootstrapping.
WATCH Watch whether young companies progress from formation into seed funding and acquisitions.
cluster · 1424 companies
Business Services
108 founded since 2018 · 38 funded
Sub-themes
marketing services · 337legal services · 257it services · 147hr services · 105management consulting services · 94services for nonprofits · 93
e.g. hay group, App Labs, Spectra
cluster · 763 companies
Consumer
135 founded since 2018 · 98 funded
Sub-themes
b2c e-commerce · 194fashion tech · 91professional consumer services · 70sports tech · 65local services · 52social platforms · 52
e.g. Free People, audacy, RevZilla
cluster · 706 companies
Healthcare
74 founded since 2018 · 69 funded
Sub-themes
rehabilitation and long-term care · 136home healthcare · 83clinic chains · 82services for healthcare providers · 77biopharma outsourcing · 46healthcare foundations · 40
e.g. Aramark, BAYADA Home Health Care, Thomas Jefferson University Hospital
cluster · 672 companies
Enterprise Applications
163 founded since 2018 · 118 funded
Sub-themes
enterprise software · 157saas · 151marketingtech · 143hrtech · 136sales force automation · 42enterprise collaboration · 33
e.g. Cigna, comcast business, Derisq
cluster · 631 companies
Real Estate And Construction
38 founded since 2018 · 19 funded
Sub-themes
architects · 123real estate brokers · 120real estate & infrastructure developers · 116interior designers · 51building materials · 42property management services · 30
e.g. yates construction, city of philadelphia, Hill International
cluster · 446 companies
Retail
92 founded since 2018 · 72 funded
Sub-themes
fashion tech · 92b2c e-commerce · 90internet first brands · 72apparel brands · 35horizontal e-commerce · 33retailers · 29
e.g. Urban Outfitters, Aramark, Free People
cluster · 409 companies
Media & Entertainment
60 founded since 2018 · 35 funded
Sub-themes
internet first media · 126film & tv studios · 88internet first news publishers · 42radio tech · 34b2c e-commerce · 32social platforms · 31
e.g. Comcast, Xfinity, audacy
cluster · 396 companies
Financial Services
41 founded since 2018 · 34 funded
Sub-themes
asset management · 72finance & accounting services · 60services for investment industry · 53insurance carriers · 50consumer and sme loans · 35banks · 27
e.g. IBX, Janney, Lincoln Financial Advisors
cluster · 360 companies
Healthtech
129 founded since 2018 · 130 funded
Sub-themes
healthcare it · 147healthcare booking platforms · 49fitness & wellness tech · 48life sciences tech · 37disease self management · 37online health information · 26
e.g. Cigna, Temple Health, InstaMed
cluster · 348 companies
Education
28 founded since 2018 · 20 funded
Sub-themes
higher education institutions · 77educational support services · 73k-12 schools · 69continuing education centres · 45early education & child care centres · 25education ngos · 19
e.g. Thomas Jefferson University, The Wharton School, mastery schools
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