Startups

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.

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

16 places to responsibly dispose of old electronics in Philadelphia

19 tech and entrepreneurship events to check out before the holidays

Are digital navigators the answer to closing Philadelphia’s tech gap?

Expect high-speed internet at 100 Philly rec centers in 2025, Verizon says

Technically Media