Robert J. (bob) Ciaruffoli
Founder of Broad Street Angels
Philadelphia, Pennsylvania
Overview
Work Experience
Co-Founder, Vice-Chairperson and Board Member
2016 - Current
Broad Street Angels is a Union League affinity club. It is a member-led investors network focusing on early stage, high-growth businesses in the Mid-Atlantic region, as a means of growing the region’s economy, retaining and attracting talent and fostering innovations that strengthen our civic infrastructure. The Broad Street Angels was founded to respond to demand by Union League members for a way to identify & assess early-stage investment opportunities; generate financial returns to members; engage the League’s 3,600 active members’ business, intellectual, & financial resources; connect emerging innovators & business leaders with the League; and, support free enterprise by investing in entrepreneurs who are defining tomorrow’s economy.
The Official Angel Investing Group Comprised of Members Of the Union League of Philadelphia
Board Member
2020
Yellowdig is an EdTech community building platform that enables an institution’s entire ecosystem—from students and faculty to administrators and alumni—to connect, learn and engage. Built from the ground up, the platform powers lifelong learning throughout the entire student lifecycle, in and out of the classroom.
Yellowdig is an online learning experience driven by peer collaboration, gamification, and data science.
Raised $4,730,000.00 from Ben Franklin Technology Partners of Southeastern Pennsylvania, Spring Point Partners, Musketeer Capital, SustainVC, Ben Franklin Technology Partners of Southeastern Pennsylvania, Bob Ciaruffoli, Rosecliff Ventures, Musketeer Capital and QB1 Ventures.
Board Member
2019
Prosperoware is a SaaS based software platform that provides companies with a privacy & regulatory compliance, and financial matter management solutions.
Board Member
2019
eureQa is redefining the test automation platform. With support for functional, cross browser/device, mobile & performance testing, and synthetic monitoring in a single enterprise class Cloud platform, eureQa is enabling companies to effectively operate their digital businesses. Powered by Artificial Intelligence (AI) and Machine Learning (ML), the eureQa platform gives companies the tools they need to improve the user experience and overall quality.
Chairman and CEO
2000 - 2015
I am a CPA and served as the Chairman and CEO of the Parente Beard/Baker Tilly accounting and advisory firm before retiring in 2015 to pursue other interests. During my tenure as chairman and CEO, we (I had an amazing team) transitioned the firm from a Pennsylvania practice to a multi-state super-regional firm: The firm’s revenues grew from $30M to $200M through organic growth, introductions of new services and strategic acquisitions. In 2014, we orchestrated a merger of the Parente Beard and Baker Tilly Virchow Krause firms to create the 12th largest US accounting and advisory firm.
Education
Bachelor of Science - BS
1972 - 1975