Funding Stories
Kansas City’s “Dr. Dre of Insurance” aims to remix industry
Overland Park-based ClaimKit is planning to drop the beat on the insurance industry thanks to a new round of financing. The self-proclaimed “Dr. Dre of insurance policies,” ClaimKit CEO Chris Cheatham says the company’s $1.8 million round of financing will boost development of its second software product, RiskGenius. ClaimKit was able to lean heavily on…
A vibrant arts culture leads to innovation and why hometown investors are vital
Here’s this week’s dish on why the arts community shouldn’t be a benched player on the sidelines of a city’s economy game; the importance of hometown investors to thriving startup communities; and what universities are doing to keep the talent pipeline strong for an entrepreneurial future. Check out more in this series here. The Atlantic…
ClaimKit snags $1.8M from local VC Flyover Capital
Insurance tech startup ClaimKit is tapping an area venture capital fund to help launch its second software offering that quickly analyzes policies. The company raised $1.8 million to launch RiskGenius, which helps to identify and categorize insurance clauses in commercial policies. Leawood-based venture capital firm Flyover Capital led the round, which included participation from the…
Is 2016 the last year for Kansas’ angel tax credits?
A popular investor tax credit program in Kansas is likely to sunset after 2016 thanks in part to a budgetary crisis that’s forcing the Sunflower State to broadly tighten its financial belt. Launched in 2005, Kansas Angel Investor Tax Credit Program offers a 50 percent income tax credit to qualified angel investors that invest up…
Addressing a market gap, $25M seed fund arrives in Kansas City
Nearly a year after identifying an early-stage funding need in the area, a $25 million seed fund will open a Kansas City office that aims to boost local startups. With a Wednesday night intro at Polsinelli, the Royal Street Investment & Innovation Center will soon move into the Kansas City metro for its second fund. Founded…
