Originally published in Hotwire Health Tech.
NeuroFlow received $1.25 million put forth by Ben Franklin Technology Partners, Safeguard Scientifics and IBX’s parent company, IHG. The company already has its platform – a tracker of biometric data to aid mental health professionals – up and running, but the capital contribution will bring aboard a data scientist, an engineer and ramp up sales and marketing. “About this time last year we started to build a team around us,” said CEO Christopher Molaro, who shares the cofounder role with COO Adam Pardes, a Penn doctoral candidate in biomedical engineering. “Over the last year we won about $140,000 in different competitions. The mission was to give us the fuel to keep the company alive and build the MVP so we could attract early attracting customers and investors.”