Founded in 2005, MentorTech Ventures is an independent venture capital investment firm that focuses on investing in seed and early-stage rounds of companies in the information technology, marketing technology, and medical technology industries. The firm prefers to invest in companies based in Philadelphia and New York City that have key founders or managers who are students, faculty members, or alumni of the University of Pennsylvania, or are based on intellectual property that originated at Penn. MentorTech Ventures typically leads or co-leads its initial investments, with seed investments ranging in size up to $250,000 and early-stage investments being somewhat larger. While the firm primarily invests in the greater Philadelphia and New York City areas, it will consider investments outside of this area if the company has a sufficiently strong connection to Penn and a strong syndicate of co-investors with deep domain expertise.