Search Results: kcrise fund
Blue KC ‘investing in the future’ by joining KCRise Fund II to build high-tech startups
Editor’s note: KCRise Fund is a financial supporter of Startland, the parent organization of Startland News, and Darcy Howe, founder and managing director of KCRise Fund, sits on the board of the nonprofit, ecosystem-building entity. This report was produced independently by Startland News. As a leading Kansas City venture firm nears the completion of its…
Destination exit: Less talk, more acceleration drove quiet BacklotCars to $425M deal
In the half-decade run-up to BacklotCars’ historic $425 million exit, the Kansas City startup remained largely under the radar, Justin Davis acknowledged, noting the intentional move became less about strategy and more focused on team values. “Like many people in Kansas City and the Midwest, we all prefer getting to work rather than talking about…
$425M exit: BacklotCars selling to Indiana-based auto marketplace in ‘milestone event’ for KC
Five years after turning its ignition, Kansas City-revved BacklotCars is being acquired in a historic $425 million deal. Carmel, Indiana-based KAR Auction Services agreed to purchase the company by the end of the year, the companies said Tuesday morning. “KAR Global is the most innovative and progressive digital remarketing company in the world, and their…
Pure Pitch Rally opens applications, plans for in-person fall event at new Loews hotel
The best way to create more opportunity — and equity — is to push forward, said Karen Fenaroli. Competition applications are open for the first major in-person startup event announced since COVID-19 shut down many Kansas City workplaces and brought traditional networking to a standstill. The invite-only Pure Pitch Rally is set for Oct. 12…
Dollars out, impact rolls in: $1M deployed from KC’s COVID-19 relief fund, AltCap says
Editor’s note: The following is part of Startland News’ ongoing coverage of the impact of Coronavirus (COVID-19) on Kansas City’s entrepreneur community, as well as how innovation is helping to drive a new normal in the ecosystem. Click here to follow related stories as they develop. Just weeks after applications opened, a relief fund intended for Kansas City’s…
