Funding Stories

Brian Weaver, Torch.AI

Torch.AI set to create nearly 500 new KC jobs; why region’s ‘tapestry of talent’ means aggressive hiring ahead

A Leawood-based artificial intelligence firm on Friday announced plans to create nearly 500 full-time jobs in the region over the next five years — with the backing of the State of Kansas and the boost of a recent $30 million round.  Building a tech company in Kansas City is the furthest thing from an uphill…

ChessUp board by Bryght Labs

$1.7M+ crowdfunding haul puts ChessUp in attack position for production, hiring top talent

The makers of ChessUp are at a million-dollar advantage after the close of their first crowdfunding campaign.   “It’s what we dreamed about and hoped for,” Jeff Wigh, CEO and one of three co-founders behind Bryght Labs, maker of ChessUp, said of the company’s first Kickstarter campaign and its $1.703 million close late last month.  Becoming…

Nolan McMichael, Brad Starnes, and Joe Allen, Splitsy

Splitsy takes top prize in Regnier challenge, adding to emerging fintech startup’s spring bump

The Regnier Venture Creation Challenge doled out more than $65,000 in cash prizes to emerging startups this spring, culminating in Friday’s big win for an up-and-coming fintech app.  “We had a great competition,” Bryan Boots, managing director of venture creation and assistant teaching professor at the University of Missouri-Kansas City, told Startland News.  The annual…

John Blake, CFO, and Luke Anear, CEO, SafetyCulture

SafetyCulture rides deeper into unicorn club with $73M round, reaching $1.6B valuation

The evolution from a checklist app into an operations platform for working teams is paying off for SafetyCulture, which Monday announced a massive funding round from the East Coast — pushing the unicorn company even deeper into the realm of startups valued at more than a billion dollars. Led by New York-based Insight Partners, the…

Scott Hansen, LeadSigma

Founded to sell: Emerging KC tech firm led by startup veterans announces $725K funding round

A Kansas City startup’s initial funding round is expected to help small businesses close more deals, faster, said Scott Hansen. LeadSigma, a powerful and easy-to-use sales engagement platform, has raised a $725,000 family and friends round, Hansen, co-founder of LeadSigma, announced Friday. The round included prominent opinion leaders and agency owners in targeted SMB verticals,…