Funded Administrative Services Startups in Philadelphia
The 11 administrative services companies shown here span funding rounds from November 2021 through August 2025, with disclosed amounts ranging from $10K to…
The 11 administrative services companies shown here span funding rounds from November 2021 through August 2025, with disclosed amounts ranging from $10K to $24M. Asylon's $24M Series B (July 2025) anchors the top of the range, while three Seed-stage companies — Employee Cycle ($3M), Lula ($6M), and Go2 ($400K) — represent the bulk of early institutional activity between late 2021 and late 2022.
A notable pattern emerges in August 2023: four companies (The Aardvark Pest Management, CI Solutions, Graffiti Removal Experts, and MFR Consultants) each recorded a $10K Series Unknown round on the same date, consistent with a cohort program or grant disbursement. The most recent entry, Honeycake, closed a $200K Angel round in August 2025. Stage distribution across the set skews early — no Series A appears in the visible data, and Series B is represented by Asylon alone.
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Frequently asked
What is the largest disclosed round among these Philadelphia administrative services companies?
Asylon raised a $24M Series B in July 2025, the largest disclosed round in the visible data by a wide margin. The next largest is Lula's $6M Seed from February 2022, followed by Employee Cycle's $3M Seed from November 2021.
Which companies raised Seed rounds, and how do they compare in size?
Three companies raised Seed rounds: Lula ($6M, February 2022), Employee Cycle ($3M, November 2021), and Go2 ($400K, October 2022). The range across the three is wide — Lula's raise is 15x Go2's — suggesting varied business models and capital needs within the same stage and sector.
Why do four companies share the exact same funding date and amount in August 2023?
The Aardvark Pest Management, CI Solutions, Graffiti Removal Experts, and MFR Consultants each recorded a $10K Series Unknown round on August 22, 2023. The identical date, amount, and round classification strongly suggest a shared cohort program or grant disbursement rather than independent institutional raises.
What funding stages are represented across these 11 companies?
The data shows four distinct stages: Series Unknown (4 companies), Seed (3 companies), Angel (1 company, Honeycake at $200K), and Series B (1 company, Asylon at $24M). One company, Skillcycle, has an undisclosed amount under Series Unknown. No Series A appears in the visible data.
What is the most recent funding activity in this segment?
Honeycake closed a $200K Angel round on August 27, 2025, the most recent entry in the data. Asylon's $24M Series B followed just five weeks earlier on July 22, 2025, making mid-to-late 2025 the most active recent window in the visible dataset.
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