DivvyHQ raises $1.8M for marketing tech
Kansas City-based DivvyHQ is ready to hit the gas after its latest investment round that will more than double its team. The marketing tech firm recently closed on a $1.8 million Series A round to boost its staff headcount and marketing outreach. Investors in the round include Dallas-based venture capital firm DAN Fund, Dundee Venture…
Mental health startup Start Talking goes mobile, scores $150K in tax credits
Depression affects about one out of every 10 Americans, including at one time Start Talking founder Mark Nolte. While a rough time in his life, Nolte’s struggle with depression in 2010 eventually led him to launch a venture that’s more easily connecting people with the help they need. Lenexa-based Start Talking offers patients a psychotherapy…
Digital Sandbox welcomes six new startups
Digital Sandbox KC recently accepted six area companies into its incubator program that assists businesses with specific projects. The organization, whose mission is to develop businesses and help them secure additional funding, welcomed companies ranging from food service and technology to education and health. Digital Sandbox invests up to $25,000 in its program’s companies. “The…
KC entrepreneurs talk funding, advice over breakfast
It can be tough for young, growing companies to find funding in Kansas City, but it’s not impossible. That was one of the takeaways from Thinking Bigger Business’ BIG Breakfast on June 11 at the Kauffman Foundation. The quarterly breakfast features stories and insights from four local entrepreneurs, many of whom have appeared in recent…
Event-staffing tech firm Pop Bookings opens seed round at $250K
Kansas City-based Pop Bookings is scoring local love from angel investors as it hopes to bolster its seed round to further develop its online event-staffing platform. A recent graduate of business accelerator SparkLabKC, Pop Bookings opened its round in April at $250,000, with lead investments from Kansas City-area angel investors. Pop Bookings CEO Erika Klotz said…
UMKC, Digital Sandbox KC partnership to maximize resources, create jobs
The University of Missouri-Kansas City’s E-Scholars program has partnered with a business incubator program to provide resources and capital to student entrepreneurs. The program has partnered with Digital Sandbox KC to offer inroads to students to further develop their business projects with additional funding. “The UMKC Entrepreneurship Scholars program has a very specific goal –…
Sprint Accelerator startup raises $85K (and counting)
Hidrate, a startup at the Kansas City-based Sprint Mobile Health Accelerator, rapidly surpassed its fundraising goal before a pitch to investors and nearly 2,000 Kansas Citians. The Minneapolis-based company’s Kickstarter campaign has already raised nearly $85,000 in two days, which more than doubles its goal to fundraise $35,000 in 42 days. Hidrate created a Bluetooth-enabled water bottle that tracks…
KC finance tech firm Lending Standard nabs nearly $500K
Kansas City-based Lending Standard recently raised nearly $500,000 to further develop its software and hire additional employees. The financial tech company snagged the funds from regional investors, and with it has hired two additional technical staff, bringing its total headcount to eight people. Lending Standard created a platform on which organizations can receive and collaborate…
Study: Lack of funding curbs early-stage biz growth in Kansas City
The Kansas City metro area is losing out on millions of dollars in investment funding that could be helping to add jobs and grow businesses in the region, according to a new study. In recent years, area early-stage businesses’ progress has been stymied thanks to Kansas City’s lacking of microloans, seed capital and locally-based venture…
Local weight lifting tech firm Rack Performance lands $250K
A Lenexa-based tech company is racking up investment capital to further develop its weight room management software. Rack Performance recently raised $250,000 from local, private investors that will help the company advance the second version of its software. Rack Performance built a web-based, weight room and group fitness platform to help coaches and trainers efficiently…
Techweek, Launch KC winners have shot at more money
The winning company at a demo day competition during Kansas City’s coming Techweek conference will earn a chance at nabbing significantly more dough. In addition to a $50,000 LaunchKC grant, the winning firm would have a shot at an added $50,000 from a national competition. LaunchKC — an initiative to attract 10 tech firms to relocate to Kansas…
Moblico snags six-figure investment, announces hiring plans
Kansas City-based Moblico, a tech firm that creates software for mobile marketers, recently announced a $900,000 investment raise to hire additional staff. The investment came from Missouri Technology Corp. and a local angel investor — both of which are second time investors in the company. “We raised these funds to help the company grow,” Moblico…
Recap: Bill would gut Kansas Bioscience Authority
A bill in the Kansas legislature if passed would dissolve the Kansas Bioscience Authority, which has recently served as a venture capital organization investing in early-stage bioscience firms. The measure — SB 305 — would shut down the organization and transfer its funds and obligations to the Kansas Department of Commence. Proponents of the KBA say…
Flow Forward Medical raises additional $1.3M
Flow Forward Medical boosted its latest funding round to further develop its device that helps improve outcomes for hemodialysis patients. The Olathe-based company closed a $1.3 million round of additional Series A financing led by the Kansas Bioscience Authority. Flow Forward previously raised $4.4 million, bringing its total funding raised to date to about $5.7 million.…
Security firm Nodal nabs $100K, ramps up hiring
Good news is stacking up for Kansas City-based Nodal Industries. The security hardware tech company recently snagged $100,000 in seed funding as part of an opportunity to participate in the 500 Startup accelerator program, based in Mountain View, Calif. The funding will allow Nodal to hire up to eight people, as well as ramp up production…
Latest Stories
