Search Results: kcrise fund
KC’s Zego acquired by San Diego firm; CEO’s smart home tech innovation to continue
Two years after leaving the successful energy company he founded for the quick pace of startup life, Adam Blake is again making a big exit. His smart home technology firm, Zego, has been acquired by a San Diego-based leader in the property management industry, the startup announced Tuesday. Terms of the deal with PayLease were…
Most-funded tech startups: $100M-plus investment puts PayIt on the map with C2FO
Companies in the Midwest and South are making major plays for investment dollars, according to CB Insights, with Kansas City’s PayIt and C2FO earning spots on the latest map of the nation’s most well-funded tech startups. “The tech boom has diffused beyond the traditional hotbeds of California, New York, and Massachusetts, across the entire United…
BacklotCars parks another $25 million in Series B round led by NY-based investor
KC-fueled BacklotCars will further its mission to disrupt the wholesale automotive space, thanks to the close of a $25 million Series B funding round, the company announced Monday. Led by New York-based growth equity firm, Stripes, the round brings BacklotCars — which seeks to ease pain points for automotive wholesalers — to $38 million in…
Even gatekeepers struggle to bring KC’s women-led companies in from the cold
Female entrepreneurs are falling behind as a new generation of highly-scalable startups rises in the Kansas City, said Darcy Howe, reporting too few women-led firms even approaching KCRise Fund for investment. “My experience with those ‘Hey, I hear you have money’ calls that I do get [from female entrepreneurs] — many of them are not…
Startup advocates rally, demand KCMO invest more of its $1.73B budget in entrepreneurs
If Kansas City leaders want to build a stronger community, they should start by supporting early stage entrepreneurs, said Lesa Mitchell. “I’m simply here to say — we’re not spending enough money … and we need to look at it,” Mitchell, managing director of Techstars Kansas City, told KCMO city council members Saturday during a public…
