Startup Royal Loyal sells to Wichita coffee company

December 6, 2016  |  Meghan LeVota

Babir Sultan

Royal Loyal, which created an app to encourage loyalty at convenience and retail stores, sold to Wichita-based Prairie Fire Coffee, Royal Loyal CEO Babir Sultan said, declining to offer a monetary value.

Royal Loyal’s app allows users to save money and earn free products at various gas stations, fast food and retail stores. The application brings small businesses together who are looking for a more modern technique than punch cards, but can’t afford to build their own independent app.

Sultan said that Royal Loyal had been working with Prairie Fire on a trial basis for the past year. After pitching the technology to several other coffee companies, Sultan said he was thrilled that Prairie Fire Coffee saw the value in his firm.

“The sale makes me feel so relieved,” Sultan said. “In addition to the money, I think the main value is the experience that I gained through Royal Loyal.”

Before founding Royal Loyal in 2014, Sultan for years owned and operated a handful of convenience stores. Seeing the popularity of QuikTrip’s app and the Hy-Vee gas card, Sultan wanted to make his local gas station chain, FavTrip, stand out.

In addition to the loyalty app, Sultan added that Prairie Fire Coffee was attracted to Royal Loyal’s data analytics tool, helping the firm better learn about its customers.

Sultan will continue working with Royal Loyal for the next few months to ease the transition process. In the near future, he plans to continue operating FavTrip — but on the horizon, Sultan plans to give back to the entrepreneurial community.

Sultan said he owes his success to area resources — Royal Loyal received funding and guidance from Digital Sandbox KC and SparkLabKC and Sultan is an E-Scholars graduate— and local mentors.

“I’ve been reaching out to incubators thinking about how I could pay it forward,” Sultan said. “Being able to fund somebody else’s idea would be the most rewarding experience for me right now, and I am looking forward to exploring that.”

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

      2016 Startups to Watch

        stats here

        Related Posts on Startland News

        Chris Brown: How to split equity in your startup

        By Tommy Felts | December 20, 2016

        Editor’s note: Opinions expressed in this commentary are the author’s alone. This article is general in nature and does not constitute legal advice. Readers with legal questions should consult an attorney. When founding a new startup it is common to have disagreements over how much equity each founder should receive. In this post, we will…

        Sustainable apartments in KC’s River Market will be among the world’s largest ‘passive houses’

        By Tommy Felts | December 20, 2016

        The future of sustainable real estate development may be taking shape in Kansas City. The $60 million, 276-unit Second and Delaware project aims to not only be one of most environmentally conscious residential buildings but also a global example in sustainable housing, said Jonathan Arnold, CEO of Arnold Development Group. The Arnold Development Group along…

        Idle Smart founder Jeff Lynch shares three lessons from an accelerator

        By Tommy Felts | December 16, 2016

        I’ve been aware of accelerators for some time, but honestly never really thought of them for Idle Smart. We were so heads down trying to grow our own company that I didn’t really have time to learn about the advantages of a quality accelerator. Earlier this summer, however, we were connected to Village Capital through…

        Victor Hwang, city leaders challenge the area’s entrepreneurial ecosystem

        By Tommy Felts | December 15, 2016

        In partnership with Think Big Partners, the Innovation Exchange offers Kansas Citians context and behind-the-scenes details on newsmakers in the area entrepreneurial ecosystem. This month, area leaders — including the Ewing Marion Kauffman Foundation’s vice president of entrepreneurship Victor Hwang — discussed what’s on the horizon for Kansas City’s entrepreneurial ecosystem. If you missed the…