(Philadelphia, PA) RoseAnn B.Rosenthal, chair of the Union League’s new affinity club Broad Street Angels, announced that it has closed on its second deal, participating in funding Fisher Block, an IoT electric utility monitoring technology company. Nine members of the Broad Street Angels committed a six-figure angel investment in the company, valued at $6 million. The deal is the second angel investment in its first quarter of existence by Broad Street Angels, the angel investing affinity club comprised of members of the Union League of Philadelphia. The club reviews regional start-up companies’ presentations every month.

Said Rosenthal, “With this second deal closed within our first quarter, Broad Street Angels is quickly proving that it is a dynamic group of action. We are committed to prompt and dligent review of deals and have the ability to close quickly, where warranted. Through bolstering our reputation as a serious factor in the investment community, we look forward to attracting the highest quality angel investment opportunities in the mid-Atlantic region.

Broad Street Angels is an affinity club at The Union League of Philadelphia. It consists of Union League members who will actively invest in qualified, early-stage enterprises in Greater Philadelphia as a means of growing the region’s economy, retaining and attracting talent and fostering innovations that strengthen our civic infrastructure. Chair RoseAnn B. Rosenthal, is also President & CEO of BenFranklin Technology Partners. The group is a member of ACA, PACT, PA Angel Network, Ben Franklin Angel Coordinating Group and others.

For information, please contact: Communications Chair, Leo Levinson, CEO of GroupLevinson Public Relations, leo@grouplevinson.com, 215-627-3030.
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