Emerald Development Managers

Founded in 1994, Emerald Development Managers is a New York-based venture capital firm focusing on early-stage growth equity investments. They primarily invest in technology companies, with a focus on sectors such as life sciences, SaaS, biotech, healthcare IT, cleantech, industrial tech, enterprise software, cybersecurity, and sustainability.

Stephen Case

Managing Director

Neil Cohen

Investor

Charles Collins

Partner

Clara Estol

Associate

Thomas Gallo

Principal

Past deals in Pennsylvania

Proscia

Series D in 2025
Proscia Inc., established in 2014 and headquartered in Philadelphia, Pennsylvania, specializes in digital pathology informatics through its innovative cloud-based platform. This platform aids in routine pathology operations, enhances cancer diagnosis, and seeks to improve patient outcomes. By leveraging advanced computing technologies, Proscia's solution unlocks hidden data that is not discernible to the human eye, transforming that information into valuable insights. These insights support physicians in accelerating the development of life-saving medical advances, ultimately contributing to a more effective diagnostic process in the field of pathology.

Proscia

Series C in 2024
Proscia Inc., established in 2014 and headquartered in Philadelphia, Pennsylvania, specializes in digital pathology informatics through its innovative cloud-based platform. This platform aids in routine pathology operations, enhances cancer diagnosis, and seeks to improve patient outcomes. By leveraging advanced computing technologies, Proscia's solution unlocks hidden data that is not discernible to the human eye, transforming that information into valuable insights. These insights support physicians in accelerating the development of life-saving medical advances, ultimately contributing to a more effective diagnostic process in the field of pathology.

Proscia

Series C in 2022
Proscia Inc., established in 2014 and headquartered in Philadelphia, Pennsylvania, specializes in digital pathology informatics through its innovative cloud-based platform. This platform aids in routine pathology operations, enhances cancer diagnosis, and seeks to improve patient outcomes. By leveraging advanced computing technologies, Proscia's solution unlocks hidden data that is not discernible to the human eye, transforming that information into valuable insights. These insights support physicians in accelerating the development of life-saving medical advances, ultimately contributing to a more effective diagnostic process in the field of pathology.

WATT Fuel Cell Corporation

Venture Round in 2022
Founded in 2010, WATT Fuel Cell Corporation specializes in developing and manufacturing solid oxide fuel cell (SOFC) stacks and systems. These operate on readily available fuels like propane, natural gas, JP-8, and diesel to manage renewable power sources. The company offers hybrid SOFC systems that combine hydrocarbon fuels with solar or wind technologies for optimized power output, energy storage, and fuel consumption. WATT serves marine and RV, emergency response, military, and remote power sectors.

Proscia

Series A in 2018
Proscia Inc., established in 2014 and headquartered in Philadelphia, Pennsylvania, specializes in digital pathology informatics through its innovative cloud-based platform. This platform aids in routine pathology operations, enhances cancer diagnosis, and seeks to improve patient outcomes. By leveraging advanced computing technologies, Proscia's solution unlocks hidden data that is not discernible to the human eye, transforming that information into valuable insights. These insights support physicians in accelerating the development of life-saving medical advances, ultimately contributing to a more effective diagnostic process in the field of pathology.

WATT Fuel Cell Corporation

Venture Round in 2018
Founded in 2010, WATT Fuel Cell Corporation specializes in developing and manufacturing solid oxide fuel cell (SOFC) stacks and systems. These operate on readily available fuels like propane, natural gas, JP-8, and diesel to manage renewable power sources. The company offers hybrid SOFC systems that combine hydrocarbon fuels with solar or wind technologies for optimized power output, energy storage, and fuel consumption. WATT serves marine and RV, emergency response, military, and remote power sectors.

Proscia

Seed Round in 2016
Proscia Inc., established in 2014 and headquartered in Philadelphia, Pennsylvania, specializes in digital pathology informatics through its innovative cloud-based platform. This platform aids in routine pathology operations, enhances cancer diagnosis, and seeks to improve patient outcomes. By leveraging advanced computing technologies, Proscia's solution unlocks hidden data that is not discernible to the human eye, transforming that information into valuable insights. These insights support physicians in accelerating the development of life-saving medical advances, ultimately contributing to a more effective diagnostic process in the field of pathology.
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