KCRise Fund

Founder to founder: One day you’re eating cheap ramen, the next you’re KC’s big exit story; struggles define startups as much as success

Even after building a startup into one of Kansas City’s biggest exit success stories, the entrepreneurs and leaders behind BacklotCars don’t sit around to talk about their grand achievements when they reunite, said Anders Ericson; they reminisce about how the tech company nearly went out of business along the way. “Everyone always wants to ask…

Fast-growing KC startup closes $20M in Series B funding to accelerate genetic progress in cattle

A well-muscled funding round is expected to help Lenexa-based Vytelle expand its global operations after having already scaled the agtech startup’s breakthrough in vitro fertilization, data capture, and AI-driven genetics tech to be easily accessed by more than half of the U.S. cow herd. “This is indicative of strong market interest in our products and…

Startup’s swift action against siloed systems: Finding that ‘single version of truth’ hidden in the data 

This story is possible thanks to Entrepreneurial Growth Ventures (EGV), a business unit of NetWork Kansas supporting innovative, high-growth entrepreneurs in the State of Kansas. Celerity Enterprises is aiming no lower than industry modernization with its plug-and-play SaaS financial platform — designed to bring clarity to a world of industrial wholesale distribution that often is rooted…

Web3 startup led by one of KC’s best-known exited founders redeems $2.5M pre-seed round

Redeem, a blockchain agnostic connectivity layer for Web3 that leverages phone numbers to send, receive and redeem utility NFTs, announced Wednesday its $2.5 million pre-seed funding round ahead of its launch, led by veteran blockchain investor Kenetic. The round also includes local venture firms Flyover Capital and KCRise Fund. Funding is expected to be used…

Healium augments funding with $3.6M seed round, adds Mayo Clinic deal

Healium, a virtual and augmented reality biofeedback company, announced Monday one of the largest private equity raises for a women-owned business in mid-Missouri history. The startup — which transforms bio-data from any fitness tracker into immersive, reactive media — has also entered into a know-how license agreement with Mayo Clinic. A “virtual firefly release” using mobile…