Broad Street Angels just picked ZSX Medical for its first investment - Technical.ly Philly

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Mar. 29, 2017 11:16 am

Broad Street Angels just picked ZSX Medical for its first investment

The University City-based medtech startup received a six-figure amount.

The Union League.

(Photo by Flickr user Susan, under a Creative Commons license)

Newly minted angel investor group Broad Street Angels — chaired by Ben Franklin’s RoseAnn Rosenthal and based out of the Union League — has officially backed their first horse.

ZSX Medical, the medical device company working on a rapid surgical closure technology, received an investment in the six-figure range. No other details from the deal were disclosed. The company was founded in 2009 and is based out of PLEXUS, that healthcare coworking space on Drexel University stomping grounds.

Founded by Dan Mazzucco, a Dartmouth grad with a background in the medical device industry, we last spotted the company behind another big check: it secured $100,000 at the annual expo of the Keiretsu Forum, another angel investors group.

Rosenthal said the company first presented at the group’s initial deal review meeting in January. She was “a little surprised” at how quickly the deal came together.

“That our members invested in a company from our first day of reviewing presentations underscores our motivation and commitment to make things happen, and to be recognized as a serious member of the mid-Atlantic region’s angel investment community,” Rosenthal said in a statement.

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Roberto Torres

Roberto Torres became Technical.ly Lead Philly Reporter in May 2016. Prior, he was a freelance contributor to Technical.ly and Al Dia News. The native Venezuelan moved to Philadelphia in 2015 after reporting on research at his alma mater, the University of Zulia. Whenever he's not fencing deadlines, he can be found standing in line at Overbrook Pizza in West Philly, running Netflix/Hulu marathons with his wife or reading news from Venezuela.

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