Funding Stories

Pitch contest winners salute PHKC as fourth cohort wraps; $15K in prizes awarded to small businesses

A winning night at The Porter House KC’s pitch event this week expands opportunity for more than just the company taking home the biggest check, said Taylor Burris. AI Hub — led by Burris and her husband, James Spikes — earned first place and $8,000 in the competition, which also marked the completion of PHKC’s…

KCRise Fund closes $34M Fund III with ‘hyper-local’ focus; Here are its first four investments

A third venture capital fund — expected to invest $34 million in 20 more tech startups across the Kansas City region — builds on KCRise Fund’s thesis that high-growth local companies are the key to investor success, said Ed Frindt. It’s a competitive advantage that swells with each wave of funding, he added, announcing the…

$16M round for health tech startup growing AI agents to perform administrative tasks

A Seattle company with a talent hub in Kansas City announced Wednesday a $16 million seed round that includes investment from KCRise Fund and a promise to leverage conversational artificial intelligence alongside human talent to boost workplace productivity. Outbound AI emerged from stealth mode in 2022 to a market hungry for solutions, said Stead Burwell,…

United Way’s $2M Kauffman-backed Catalyst Fund just picked its first 22 nonprofit grantees

Leaders and organizations who are directly connected and engaged with their communities — especially communities of color — are essential to building a vibrant and inclusive Kansas City, said Gloria Jackson-Leathers, announcing a slew of grant winners from the new $2 million Nonprofit Catalyst Fund. “We are excited to see these grants begin to benefit small…

LendingStandard closes $6.7M round with Flyover Capital among key longterm investors

A Kansas City startup’s efforts to streamline the commercial real estate industry are not only reducing wasted time and frustration for lenders and borrowers, said Keith Molzer, it’s making good on investors’ expectations of the tech-driven Saas marketplace. “LendingStandard has listened and responded to what the market needs,” said Molzer, founding managing partner at Flyover…