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

        Kansas City’s Five Elms injects $4M in Omaha startup

        By Tommy Felts | April 6, 2016

        Kansas City-based Five Elms Capital recently led a round of financing for an Omaha blog-hosting startup. Five Elms led a $4 million round for Flywheel, allowing the startup to add features to its platform for designers and agencies, as well as beef up marketing and sales operations. Linseed Capital and the Nebraska Angels, a network…

        Rapid growth propelling grand ambitions for PopBookings

        By Tommy Felts | April 5, 2016

        Only weeks after releasing its latest product, event staffing tech firm PopBookings is hiring staff and looking for capital to accommodate for rapid growth. In the last six weeks the Kansas City-based startup has added thousands of users to its platform on which staffing agencies can hire and manage temporary labor for specific events. Now…

        Video: Foosball and whimsy are integral to the RFP365 ethos

        By Tommy Felts | April 4, 2016

          Kansas City foosball virtuoso Stuart Ludlow knows his way around the fútbol table. With a strike rivaling a Black Mamba’s, Ludlow’s instincts and supple wrist on the foosball pitch puts to shame most any adversary. But perhaps equally as cunning is Ludlow’s savvy to integrate the table game into the workplace culture of RFP365, of which he’s a co-founder. Founded in 2012,…

        Enterprise Center in Johnson County mentorship Growth Mentoring Services

        MIT-modeled mentorship arrives in Kansas City

        By Tommy Felts | April 1, 2016

        A new MIT-modeled mentorship program is available to Kansas City entrepreneurs. The Enterprise Center in Johnson County is now accepting applications for its new mentoring program, the Growth Mentoring Service, which adopts the approach of the Massachusetts Institute of Technology’s Venture Mentoring Service. The free, two-year program is welcoming all entrepreneurs who meet its guidelines…