The Rittenhouse Ventures investment team supports emerging-growth companies from funding to exit, bringing expertise in fundraising strategy, business operations, technical development, and sector domain knowledge.

OVER 50 YEARS
collective team investing experience

Capital Providers
for the region
SINCE 1985

Investments in
OVER 40 COMPANIES
in the last 15 years

OVER 50 YEARS
collective team
investing experience

Capital Providers
for the Region
SINCE 1985

Investments in
OVER 40 COMPANIES
in the last 15 years

Team

Saul Richter
Managing Partner
Bruce Luehrs
Managing Partner
Jayson Tischler
Principal
Steve Holstad
Chief Financial Officer
Justin Hanley
Analyst
Matt Reichert
Venture Partner
Britton Murdoch
Fund Principal
Scott Nissenbaum
Investment Advisor

Managing Partner

Saul Richter

Saul is a co-founder of Rittenhouse Ventures and has been active within the technology community for twenty-five years as a venture capitalist, start-up entrepreneur, and technologist.

Saul has a strong background in software development and systems administration, and has been investing in the healthcare technology space for over fifteen years.

Saul has a passion for emerging technologies, and enjoys supporting entrepreneurs throughout a company’s growth process.
 

Select Portfolio Involvement

  • Piano
  • Inpensa
  • Workplace Dynamics
  • GSI Health
  • Take the Interview
  • Halfpenny Technologies
  • Maverick Network Solutions
  • Click Equations
  • Concerro

Select Prior Experience

  • Himalaya Capital
  • Lucent Technologies’ New Ventures Group
  • Zapper Technologies

Education

  • MBA – Columbia Business School, Columbia University
  • BA, Economics – Columbia University

Managing Partner

Bruce Luehrs

Bruce is the Co-Founder of Rittenhouse Ventures. He was a General Partner of the Edison Venture Fund from 1998 to 2006, prior to managing Rittenhouse Ventures.

As a banker, entrepreneur, and venture capitalist, Bruce brings 30 years of experience in financing technology companies across the greater Philadelphia area. He has been an active member of regional investment community, as the past Chairman of the Greater Philadelphia Venture Group (now MAC Alliance) and as a member of professional organizations in venture capital and corporate growth.

Bruce’s extensive investment experience in software for healthcare, pharma, and financial services makes him an ideal strategic partner for entrepreneurs.

 

Select Portfolio Involvement

  • Vida Diagnostics
  • Kynectiv
  • Tabula Rasa Healthcare
  • Miria Systems
  • Core Solutions
  • Gain Capital
  • Virtual Edge
  • Fiberlink
  • Octagon Research
  • InnaPhase
  • Cadient

Select Prior Experience

  • Edison Venture Funds
  • Penn Valley Capital
  • PNC Equity Management
  • Fidelity Bank

Education

  • MBA – Kellogg School of Management, Northwestern University
  • BA, Economics – Duke University

Principal

Jayson Tischler

Jayson has experience in venture capital, technology, sales, and marketing.

Prior to Rittenhouse, Jayson served as the President and Managing Director of the Wharton Social Venture Fund, a student-run organization that discovers, evaluates, and secures early-stage investments in key social sectors.

In his previous roles, Jayson has routinely advised promising technology startups on advanced marketing and sales strategies. Besides a sector focus in healthcare, he has a passion for education technology customer engagement solutions.

 

Select Portfolio Involvement

  • SquareFoot
  • Haystack Informatics
  • KickUp
  • WealthHub

Select Prior Experience

  • Google, Inc.
  • Teach for America
  • U.S. Fulbright Fellowship

Education

  • MBA – The Wharton School, University of Pennsylvania
  • BA, Political Science – Yale University

Chief Financial Officer

Steve Holstad

Steve is the CFO for Rittenhouse Ventures, while serving as the Managing Director for Strattech Partners, LLC, based in Devon, PA, which was founded in 2000 as a business consulting and venture capital firm.

Over the past 15 years, Steve has been the acting CFO for a number of venture-backed firms in the Philadelphia region.

Steve has nearly 30 years of finance and operational experience across companies in commercial banking, energy, chemical, and venture-backed technology.

 

Select Prior Experience

  • Strattech Partners, LLC
  • City Line Motors, LLC
  • Atlantic Richfield (ARCO)
  • ARCO Chemical
  • Huntington Bancshares

Education

  • MBA – University of Michigan
  • BA, Economics – Duke University

Analyst

Justin Hanley

Justin is an analyst for Rittenhouse Ventures.

With over 10 years of finance and operational experience, Justin has a passion for innovation and early-stage investing.

From 2011 to 2015, Justin served as an associate for the Mid-Atlantic Angel Group, a Philadelphia-based angel group who provides equity capital to seed and early-stage, technology-based, high-growth companies across the mid-Atlantic region.

 

Select Prior Experience

  • Mid-Atlantic Angel Group
  • SEI Investments

Education

  • BA, Management – West Chester University

Venture Partner

Matt Reichert

Matt has served in leadership and executive roles for several successful healthcare technology businesses.

In his 13 years as CEO of Health Market Science, Inc., acquired by LexisNexis in 2014, Matt managed the company’s strong performance through new product launches, aggressive revenue growth, and team expansion.

Prior to Health Market Science, Matt was the Senior Vice President of Mediconsult, Information Technology Director for DuPont Pharmaceuticals and Director at AstraMerck.

Matt is an active angel investor and sits on the Board of Directors at GSI Health. Matt is a tried and true Philadelphia native, and he holds a BA from Pennsylvania State University and an MBA from Temple University.

Fund Principal

Britton Murdoch

Britt has over 25 years of experience as a senior financial executive for numerous venture-backed technology and public growth companies across the Philadelphia region.

Britt has served as the CFO or Board Director of Fiberlink, Internet Capital Group, Airgas, and V-Span. Britt is Chairman of the Board at the Bryn Mawr Trust Company, and he was a Trustee for Thomas Jefferson University from 2006 through mid- 2016.

Britt is also the Founder and Managing Director for Strattech Partners, LLC, a business consultancy firm that develops growth-stage companies. Britt holds an MBA from New York University and a BS from the University of Pennsylvania’s Wharton School.

Investment Advisor

Scott Nissenbaum

Scott has more than 20 years of experience working with entrepreneurs, venture funds, and corporate boards.

In his current role as Chief Investment Officer, Scott oversees new investments and nearly 200 portfolio companies for Ben Franklin Technology Partners of Southeastern Pennsylvania, which provides an unparalleled source of seed stage capital to the Philadelphia region.

Prior to Ben Franklin, Scott was the Founder and President of Finite Carbon, a venture-backed start-up that raised more than $7 million in venture capital before successfully exiting in 2017. He also spent 11 years as a Managing Director at Novitas Capital, an early stage venture firm with $235 million under management.

Scott has worked with businesses to guide and assess investment decisions, through engagements with Merion Investment Partners, Brown Brothers Harriman, and J.P. Morgan. He has held seats on the Board of Directors of over 14 companies.

Scott holds an MBA from St. Joseph’s University and a BS from Pennsylvania State University.