# Rittenhouse Ventures

> Rittenhouse Ventures is a VC fund backing Health Care and Software. See 22 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Philadelphia, United States
- Total investments: 22
- Last investment: Oct 2025
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/emerald-stage2-ventures/
- X (Twitter): https://twitter.com/rittenhousevc
- Website: https://rittenhouseventures.com/

Rittenhouse Ventures is a Philadelphia-based early-stage venture fund that invests in capital-efficient emerging technology companies across Pennsylvania and the Mid-Atlantic region. Rittenhouse invests in small (generally $1 to $3 million) financing rounds of early-stage information technology companies that utilize emerging technologies to createcompelling business opportunities. While the Fund invests across the information technology spectrum, it has a primary vertical focus on Healthcare Information Technology and Pharmaceutical IT. It also invests in Technology-Enabled Services companies focused on other verticals including Financial Services Information Technology and Outsourced Business Services.

## Contacts

5 contacts available for Rittenhouse Ventures. Shizune tracks 6 team members at Rittenhouse Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/rittenhouse-ventures?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 8 | 36% |
| Software | 6 | 27% |
| Enterprise Software | 4 | 18% |
| Analytics | 3 | 14% |
| Real Time | 3 | 14% |

49 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 7 | 32% |
| Series B | 5 | 23% |
| Series C | 3 | 14% |
| Funding Round | 3 | 14% |
| Seed | 2 | 9% |

6 stages tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Britton H. Murdoch | Fund Principal | 0 | https://shizune.co/investors/profile/britton-h-murdoch |
| Bruce Luehrs | Founder , Managing Partner; Partner | 19 | https://shizune.co/investors/profile/bruce-luehrs |
| David Nevas | Partner | 3 | https://shizune.co/investors/profile/david-nevas |
| Justin Hanley | Associate | 0 | https://shizune.co/investors/profile/justin-hanley |
| Saul Richter | Founder & Managing Partner | 20 | https://shizune.co/investors/profile/saul-richter |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| TranscendAP | TranscendAP provides a completely configurable and reliable invoice-to-pay platform for managing all areas of AP operations. |  | Seed | Oct 30, 2025 |  |
| Pieces | Pieces is a healthcare artificial intelligence and technology company that connects health systems and the community to address clinical and social determinants of health through community networks and intelligent software and services. Our solution interprets patient information in real-time and connects health systems and community-basedorganizations to support healthier outcomes, both inside and outside of hospital walls. Using cloud-based artificial intelligence with clinically-based natural language processing (NLP) and physician-supervised machine learning, our tools help streamline clinician workflows and improve patient outcomes. Combined, our solutions, Pieces Predict and Pieces Connect, create a comprehensive and unique solution for connected community health. | $25M | Venture - Series Unknown | Sep 10, 2024 |  |
| Piano | Piano helps organizations understand and influence customer behavior by putting the power of insights and logic into the hands of their employees. The Piano Analytics and Activation Platform measures thousands of customer data points and acquires first-party data to more deeply engage users and then serve relevant content and experiences based ontheir unique behaviors and profiles.Using this powerful end-to-end platform, Piano’s clients have achieved more scale, engagement and revenue by expanding the lifecycle and value of every digital interaction. Piano’s global customer base includes IBM, CNBC, Nielsen, The Wall Street Journal, NBC Sports, Gannett, The Telegraph, the BBC, Kirin Holdings and more.Piano has been recognized as one of the fastest-growing, innovative technology companies in the world by Red Herring, World Economic Forum and Deloitte, received Product of the Year from the Business Intelligence Group and won Data Management Solution of the Year from Data Breakthrough. For more information, visit piano.io. | $20M | Series C | May 18, 2021 |  |
| Cecelia Health | Cecelia Health is tech-enabled diabetes and chronic disease management company that combines technology with expert clinical coaching. It aims to transform the lives and health outcomes of people with diabetes, obesity, cardiovascular disease, and other chronic conditions. Cecelia Health helps people with chronic conditions adhere to theirmedications and related nutrition, health, and wellness programs. During COVID-19, Cecelia Health has also been offering telehealth support to patients.It was founded in 2009 and headquartered in New York, United States. | $13M | Series B | Aug 13, 2020 |  |
| VIDA Intelligence | AI-powered clinical imaging intelligence for drug development. We make imaging a strategic asset: faster trials, stronger evidence, more confident decisions. | $11M | Series C | Mar 12, 2020 |  |
| Energage | Clued-in leaders know that the best workplace culture wins. They prioritize culture day in and day out, and they use it as a competitive advantage. But these Top Workplaces are standouts. More often, organizations try to win in spite of their culture.For the past 13 years, Energage has researched what separates Top Workplaces from the rest. Theyhave studied more than 17 million employee survey responses from over 50,000 organizations. They have figured out what great looks like, and know how to win with culture.The Energage platform combines research, neuroscience principles, and expert guidance to help organizations unleash performance and realize the full potential of the workforce — both at speed and scale. Using the Energage suite, organizations are reducing turnover costs, raising productivity, improving teamwork, and increasing ROI by as much as 30 percent. | $15M |  | Oct 04, 2017 |  |
| VIDA Intelligence | AI-powered clinical imaging intelligence for drug development. We make imaging a strategic asset: faster trials, stronger evidence, more confident decisions. | $5.1M | Series B | Dec 20, 2016 |  |
| Energage | Clued-in leaders know that the best workplace culture wins. They prioritize culture day in and day out, and they use it as a competitive advantage. But these Top Workplaces are standouts. More often, organizations try to win in spite of their culture.For the past 13 years, Energage has researched what separates Top Workplaces from the rest. Theyhave studied more than 17 million employee survey responses from over 50,000 organizations. They have figured out what great looks like, and know how to win with culture.The Energage platform combines research, neuroscience principles, and expert guidance to help organizations unleash performance and realize the full potential of the workforce — both at speed and scale. Using the Energage suite, organizations are reducing turnover costs, raising productivity, improving teamwork, and increasing ROI by as much as 30 percent. |  |  | Jul 21, 2016 |  |
| ConveyIQ | ConveyIQ provides an intelligent candidate engagement platform. Its platform features an all-in-one bespoke communication framework for the entire candidate journey. ConveyIQ delivers personalized applicant communication that companies need to ensure a remarkable candidate journey. | $5M | Series B | May 23, 2016 |  |
| Life.io | Life.io is the world’s first web-based platform specifically designed to help people make better decisions every moment, to take care of themselves more, to engage more, to simply live more. Delivered through insurance companies or employers, it’s always on, sharing inspired ideas on how to live better today and every day after. | $1.5M | Seed | Jan 12, 2016 |  |

10 of 22 investments shown.

## Co-investors
- [Rittenhouse Ventures](https://shizune.co/investors/profile/rittenhouseventures) — VC Fund, 19 deals together
- [Chartline](https://shizune.co/investors/profile/chartline-capital-partners) — VC Fund, 2 deals together
- [Magma Venture Partners](https://shizune.co/investors/profile/magma-venture-partners) — VC Fund, 2 deals together
- [Next Level Ventures](https://shizune.co/investors/profile/next-level-ventures) — VC Fund, 2 deals together
- [Pitango VC](https://shizune.co/investors/profile/pitango-venture-capital) — VC Fund, 2 deals together
- [StarVest Partners](https://shizune.co/investors/profile/starvest-partners) — VC Fund, 2 deals together

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## FAQ

### What does Rittenhouse Ventures invest in?

Rittenhouse Ventures invests primarily in Health Care, Software and Enterprise Software startups, most often at Series A and Series B stage. Most of the 22 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Rittenhouse Ventures?

Public channels for Rittenhouse Ventures include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Rittenhouse Ventures?

The team at Rittenhouse Ventures includes Britton H. Murdoch (Fund Principal), Bruce Luehrs (Founder , Managing Partner; Partner) and David Nevas (Partner), among 6 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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