Startup Royal Loyal sells to Wichita coffee company
December 6, 2016 | Meghan LeVota
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.”
Featured Business
2016 Startups to Watch
stats here
Related Posts on Startland News
KCSF pivoting away from Village Square coworking, eyes bigger community impact
Village Square developed a waiting list soon after opening in 2015, said Adam Arredondo. But as larger coworking spaces with more amenities and resources debuted, interest waned in the 3,000-square-foot operation at 45th Street and State Line Road. “What’s our most valuable contribution to the community right now?” said Arredondo, CEO of the nonprofit Kansas…
Beyond KC: TripSushi puts secret hotspots, meaningful travel experiences on the menu
Life is short, said Spencer Carlson — you have just one chance to knock out as much on your to-do list as possible. For the founder of TripSushi, a KC-based travel agency, that meant soaking in and connecting to peoples and locales across the globe, he said. “[We] need to experience other cultures so that…
Eastside Collaborative coworking space envisions a home for black entrepreneurs
Stay on the lookout for Eastside Collaborative, said Maleika Robinson. Recognizing a need for a coworking space specifically for black entrepreneurs, Robinson founded Eastside Collaborative in early 2018 after rebranding the KC Black Coworking Community. Eastside operates from within Uzazi Village on Tuesdays and creates an environment where she and others can be their authentic…
1 Million Cups KC move to Plexpod Westport Commons percolating
1 Million Cups — Kansas City’s most-popular entrepreneur event series — is brewing a move to the area’s largest coworking community. After six years of hosting the entrepreneurial showcase event at the Ewing Marion Kauffman Foundation, 1MCKC is moving its weekly program to Plexpod Westport Commons. 1 Million Cups began in Kansas City in April…