Rebranding yields new name and spirit for SeventySix Capital

ETF Venture Funds has a new name, and it has as much to do with its location as it does the historic innovation and entrepreneurship it represents. The West Conshohocken early stage venture capital firm, located close to the I-76 expressway, is now SeventySix Capital, a rebranding that the company hopes will capitalize on its “roll up your sleeves approach” that invokes the nation’s founding fathers in nearby Philadelphia back in 1776.

“Our ability to source the best investment opportunities, coupled with the value of our relationship network, has enabled us to build market-leading companies and deliver excellent returns for our investors, while simultaneously creating thousands of jobs and driving innovation,” says managing partner Wayne Kimmel.

SeventySix’s portfolio companies boast more than $5 billion in revenues and support more than 6,000 jobs. Its focus is on innovation-driven companies in healthcare, mobile, media and entertainment, greentech and business 2.0 industries. Its more notable companies include SeamlessWeb (acquired by Aramark), Nutrisystem, Take Care Health Systems (acquired by Walgreens), meetMoi, ReverbNation, Organized Wisdom and Fisker Automotive.

The 10 year-old firm boasts some powerful talent and supporters throughout the state. State treasurer Rob McCord is a partner emeritus and Brian Tierney, CEO of Philadelphia Media Holdings, is an advisory board member.

Source: Wayne Kimmel, SeventySix Capital
Writer: Joe Petrucci