And then there was one: Blooom the sole local firm left in national pitch contest

November 17, 2015  |  Bobby Burch

Chris Costello, co-founder and CEO of blooom, speaking at an event in 2015

Financial tech startup Blooom is the lone Kansas City-area company to advance in the Ewing Marion Kauffman Foundation’s “One in a Million” pitch competition

Out of an initial field of more than 350 companies, the Leawood-based firm advanced to the final round of five in the foundation’s pitch contest. The competition, which will conclude the morning of Nov. 18 during Global Entrepreneurship Week, will award $10,000 to one startup that previously participated in the foundation’s 1 Million Cups program.

The other four startups to advance in the contest are: SwineTech of New Sharon, Iowa; Upsie of Minneapolis, Minn.; DryBox of San Antonio, Texas; and My Solar of Los Angeles, California. Two other Kansas City-area companies — Idle Smart and AEGLE Palette — failed to advance to the final round of five.

A star-studded lineup of businesspeople from around the nation will be judging Blooom and the other four startups. Judges in the competition’s final round of five startups are: Marcelo Claure, CEO of Sprint; Nicole Glaros, chief product officer of Techstars; and Paul Kedrosky, managing partner of SK Ventures.

Kansas City Mayor Sly James will present the first-place team the grand prize of $10,000, while second- and third-place winners will receive $5,000 and $1,000, respectively.

The Kauffman Foundation will be providing a live stream of the competition 9 a.m. Wednesday.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2015 Startups to Watch

        stats here

        Related Posts on Startland News

        Events Preview: LaunchCode Career Day, ECJC Programming

        By Tommy Felts | June 2, 2016

        There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW SMCKC June Breakfast: Garmin’s Social Media Care When: June 3 @ 7:30 am – 9:00 am Where: Grand Street Cafe Joshua Kennedy…

        Attention entrepreneurs: Deadline for LaunchKC grants approaching fast

        By Tommy Felts | June 2, 2016

        Entrepreneurs in Kansas City and around the world have about one month left to apply for LaunchKC, a grant competition that hopes to boost the area’s growing tech sector. LaunchKC will distribute $500,000 — via 10, $50,000 non-dilutive grants — to tech entrepreneurs from around the globe in exchange for their relocation to Kansas City.…

        With $300M under management, Blooom is the fastest-growing robo advisor

        By Tommy Felts | June 2, 2016

        Area financial tech startup Blooom has another trophy for its chest of commendations. The Leawood-based firm says its online tool to grow users’ 401(k)s has reached $300 million in assets under management in only 20 months. That swelling growth makes it the fastest-growing robo advisor ever — years faster than competitors in New York City…

        Area gamemaker Shoutz partners with Pitbull for mobile arcade

        By Tommy Felts | May 31, 2016

        Area tech firm Shoutz Inc. has launched a mobile gaming subsidiary that’s working with celebrity recording artist Pitbull. Overland Park-based Shoutz Inc. recently announced the founding of GameRail, which partnered with Pitbull to offer a variety of casino-style games in both English and Spanish. The PitBull Arcade — which features the artist’s image — offers…