The medical examiner has confirmed the victim was 58-year-old Philip Reitnour.
Reitnour was the entrepreneur behind the app "Emergensee" and was featured on an episode of ABC's Shark Tank.
Body found in Schuylkill River
Court records reveal he was $3 million in debt and being sued.
Police are investigating his death.
The medical examiner has not ruled on the cause.