Victor Gutwein
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…
M25 ranking: KC gains traction against Midwest peers, but startups need more state support
Kansas City remains the “undisputed hub of startup activity in the area,” according to a new ranking by M25 — putting the City of Fountains in an enviable position as tech and startup leaders in high-priced coastal areas look for new homes in the COVID-19 era of remote work. “Zoom may be the bane of…
Is KC getting lapped? Kansas City scores No. 13 among Top 25 Midwestern cities in M25 ranking
Kansas City is maintaining a spot firmly in the middle of the pack among the top 25 Midwestern startup cities — in large part thanks to a $100-plus million growth equity investment in PayIt earlier this year, according to a new ranking by M25. The mega-round for Kansas City’s leading GovTech startup kept the City…
Payit, C2FO making biggest waves, but funding for smaller companies still jumped 81 percent
Editor’s note: The following is the first in a series of analyses of Startland’s list of Kansas City’s Top Venture Capital-Backed Companies. Proof points matter, said John Thomson. “We’re evidence — based on the $100 million-plus growth equity investment we closed this spring — that you can build a world-class tech company in Kansas City,”…
Experts: Coastal VCs getting FOMO on Kansas City; PayIt’s $100M+ investment proves it
Landing more than $100 million in funding is no small feat for PayIt — or any startup, John Thomson said with a mix of humble confidence. “Wins beget wins, and it helps to build the ecosystem,” said Thomson, CEO and co-founder of PayIt. Click here to read more about PayIt’s investment from Insight Partners. For Thomson,…
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