Emerging Companies

Growth Strategy

Contact:

Alan L. Zeiger


"They are efficient and respectful of our timethey made the whole
process of the transaction very quick and easy. A first-rate experience.
"

—Chambers USA

Whether starting a new business or expanding an existing one, experienced legal counsel is a valuable resource for all of the phases of a young company’s life cycle.  Emerging businesses face many unique challenges, among them:

  • company formation
  • growing profitably
  • retaining and valuing employees to prevent rapid turnover
  • creating liquidity
  • competitive threats, including intellectual property theft and competitors with greater assets and staying power

Our business-driven, team-oriented approach permits us to become an extension of our clients’ management teams, formulating sophisticated, practical and creative legal solutions to these challenges.  Services include:

  • structuring and formation of business entities/corporate governance
  • angel, venture capital and equity investments
  • mezzanine and bridge funding
  • intellectual property protection
  • licensing agreements
  • employment agreements, employee benefits and stock options
  • mergers and acquisitions
  • LBOs, buy-ins and recapitalizations
  • public offerings of debt and equity, including IPOs
  • succession planning
  • government relations
  • counsel on day-to-day matters
  • regulatory and compliance matters

Blank Rome’s Involvement in the Venture Community

Being an entrepreneurial firm, Blank Rome has long been a part of the venture community.  We don’t just represent the emerging growth sector—we invest in it as well.  We founded and sponsored both the HIMSS Health IT Venture Fair, which held its sixth annual event in February 2012, and the Mid-Atlantic Cleantech Investment Forum, which held its fourth annual event in April 2012. In 2010 we hosted the Angel Capital Association Leadership Conference. The Firm served as the host sponsor of the 2009 Mid-Atlantic Capital (MAC) Conference and we continue to be a sponsor of the Greater Philadelphia Alliance for Capital and Technologies (PACT).  Blank Rome has also been an integral part of the Private Investors Forum’s Angel Venture Fair, Early Stage East, the Greater Philadelphia Venture Group, Investors’ Circle, Funding Post, Good Company Ventures, the US/Israel Venture Summit, and the Venture Scene Mid-Atlantic Conference.

Select Engagements

  • BlackGold Biofuels (aka Philadelphia Fry-O-Diesel, Inc.) in an angel investment transaction. We also represented BlackGold in a Series A financing and additional project finance commitment from Liberation Capital.
  • Greenphire, Inc., a pharmaceutical information technology provider, in connection with its Series A venture financing led by FirstMark Capital.
  • Core Solutions, Inc., a healthcare information technology provider to the mental and behavioral health sectors, in a follow-on venture financing provided by Emerald Stage2Ventures and Trestle Ventures.
  • Sanovia Corporation, a pharmaceutical management company, in its $8 million round of Series C financing provided by Chrysalis Ventures, HLM Venture Partners and Claritas Capital.
  • Holganix, an organic, chemical free lawn and tree treatment company, in connection with an investment by Originate Ventures.
  • Pure Earth, a leading provider of sustainable recycling options for waste management, in a $1 million Series C Preferred Stock offering.
  • Phytomedics, Inc., a privately held biopharmaceutical company with a broad portfolio of novel compounds for chronic diseases, in a Series C financing round led by Inventages Venture Capital of up to $10 million.
  • Halfpenny Technologies Inc. in a $2.6 million Series A Preferred venture financing from Osage Ventures, Milestone Partners and LORE.
  • Wish Upon A Hero in a venture equity investment from strategic investors.
  • Public Stuff LLC in an angel investment transaction.
  • RuMe, a manufacturer of reusable and environmentally-friendly bags, in connection with its Series A and Series B financings led by Golden Seeds.
  • Health Market Science, a provider of healthcare technology and solutions, in a $6 million Series B financing led by Cross Atlantic Capital Partners.  Edison Venture Fund also participated in the financing.
  • Viridian Energy, a retail electric service company, in connection with its $4 million Series A Preferred Stock financing.
  • LeukoDx, Inc., a medical device company, in connection with its Series A financing in which the investors have committed to invest up to $5 million. 
  • Pharmachine, Inc. in connection with a $500,000 angel investment. 
  • MobileReactor, LLC (d/b/a OneTwoSee.com) in connection with an angel investment by Ben Franklin Technology Partners and other private investors.
  • Jun Group, a social video platform, in connection with a $2.5 million financing from Western Technology Investment.