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Chestnut Street Ventures is private, for-profit, and not affiliated with or sanctioned by UPenn

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 Jericho Music Seeks CEO

Penn UPSTART seeks a CEO for Jericho Music Labs, a company looking to advance the outdated media management and licensing process for instrumental music. The position will have the potential to receive a large equity stake in the company based on specific milestones achieved. Read the full job description here.

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With the recent Equifax data breach, it seemed fitting to highlight Penn alum Liz LoewyShe is the Co-founder at EverSafe, specializing in fraud and identity theft protection for seniors. Read our interview here.

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CHESTNUT STREET INVESTS IN NEUROFLOW

NeuroFlow helps doctors and patients objectively measure mental stress levels. Its software provides insight into the user's mental and physiological state by aggregating data from wearable medical devices. NeuroFlow simplifies the output of these complicated devices to let individuals own their own mental health in real-time. They can measure stress that is indicative of PTSD, anxiety, etc.

Based in Philadelphia, NeuroFlow was founded by Penn students. Co-founder and CEO Chris Molaro (WG'16) was motivated to start the business after witnessing the ineffectiveness of the mental health system for soldiers and veterans while serving as a captain in the US Amry. We were introduced to the deal by Scott Snyder, an Ambassador and Managing Director at Safeguard Scientifics. The seed round is led by SLG Capital.

Watch a brief video about NeuroFlow's concept.

New Investment Committee Member & Thank You!

This month, we want to thank one of our founding Investment Committee members, Arie Abecassis. He's stepping down to keep up with the demand for his work at accelerating and mentoring Isreali startups here and overseas at ICONYC. Congratulations, and thank you for your support! We are also welcoming our newest IC member, Rebecca Singer!

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Rebecca Singer

Rebecca is Managing Member of The Singer Group, a family-owned PE and VC fund providing advisory services and funding to early and growth-stage startups in the biotech, digital media, and hospitality industries. She also served as an advisor and board member for several digital media companies. Rebecca was publicly elected three times to serve as a member and then President of her local Board of Education. She is a program coordinator for the AmeriCorps VISTA program for the Habitat for Humanity of Bergen County and part of the Climate Reality Leadership Corps.

Rebecca holds a BA from the University of Pennsylvania, and an MS in genetics and a PhD in molecular biology from the Albert Einstein College of Medicine.

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UPCOMING EVENTS

Chestnut Street Ventures will be attending these upcoming events:

If you're attending the DC or NYC event and would like to meet up and discuss investing with Penn alums, just reply to this email.

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PORTFOLIO NEWS
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Chestnut street VENTURES office: 1007 n. Orange st., 4th floor | WILMINGTON, DE | 19801

HEADQUARTERS: 788 Elm St.  Manchester, NH | 03101 USA

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 IMPORTANT DISCLOSURE INFORMATIONCHESTNUT STREET VENTURES IS A SERIES OF LAUNCH ANGELS FUNDS, LLC, IS AN INDEPENDENT, FOR-PROFIT COMPANY. IT IS NOT AFFILIATED WITH NOR OFFICIALLY SANCTIONED BY UNIVERSITY OF PENNSYLVANIA. LAUNCH ANGELS MANAGEMENT COMPANY, LLC (LAMC), IS THE GENERAL PARTNER TO CHESTNUT STREET VENTURES, A SERIES OF LAUNCH ANGELS FUNDS, LLC.