CasaiQ announces name change, high-profile investors in $1.5M round
December 1, 2017 | Bobby Burch
Techstars Kansas City graduate CasaiQ is hoping a new funding round — and new name — will accelerate the development and deployment of its smart home tech.
Led by former Brightergy exec Adam Blake, CasaiQ announced Friday that it raised a $1.5 million round, which includes a handful of local investors. The KCRise fund, Techstars Ventures, Zoloz CEO Toby Rush, ShotTracker co-founder Davyeon Ross, S2 Capital CEO Scott Everett and other undisclosed investors joined in the round.
The firm also announced that it has changed names to become “Zego.”
“The new name – Zego – better represents who we are as we move beyond a smart home solution to more of a digital amenity platform,” Blake said in a release.
Zego has created a platform for apartment owners and managers to offer residents a digital amenity package, including smart home technology. Zego provides a mobile app to residents that enables them to control devices — such as smart locks, thermostats and lights — in their apartments and streamlines interactions with their property manager.
Zego’s property manager portal helps managers to control such devices as door locks and thermostats, helping to increase operational efficiency for maintenance staff and leasing agents.
“Smart homes, integrated services and enhanced user experiences packaged into a platform is a global opportunity over the next five to 10 years,” said Rush, CEO of Kansas City-based Zoloz. “Zego has an early-movers advantage in the U.S. with global scale in its future.”
Blake and Zego recently completed the three-month, mentor-led Techstars Kansas City program. At the program’s October demo day event, Blake announced that Zego had 9,000 apartment units under contract.
Founded in 2017, the company is currently hiring for five positions, including roles in customer service, software engineering and sales.
Featured Business
2017 Startups to Watch
stats here
Related Posts on Startland News
Andy Stoll: Entrepreneurial ecosystem answers aren’t inside the Kauffman Foundation
Editor’s note: This content was sponsored by the Ewing Marion Kauffman Foundation but independently produced by Startland News. Acting in a Bollywood film. Pie making on Armenian television. Cooking on a dude ranch in Australia. Sewing in a dress factory in Bangkok. Farming maize in Zambia. Each revealed a lesson and mission for Andy Stoll.…
Rx Savings secures $18.4M funding round, nears 2 million members
An $18.4 million funding round is the prescription Rx Savings Solutions needs to expand its fight against a crippling, yet common ailment, said Michael Rea. “Everyone in the nation has the same problem — high drug costs — and most people don’t know there are options to save money,” said Rea, founder and chief executive…
Before prime time: Did Amazon’s 1999 arrival in Kansas deliver on hype?
In 1999, Amazon — still in its infancy — meant only two things to most consumers: low-priced books and CDs. But for one small town in Kansas, residents believed the online retailer had the potential to be a game-changer for their economically depressed, rural community. “People in Coffeyville were practically doing cartwheels in the streets,” said…
FCC head: Repealing net neutrality will boost innovation, investment; startups disagree
The Federal Communications Commission is preparing to eliminate regulatory rules that prohibit internet service providers from interfering with consumers’ access to web content. FCC chairman Ajit Pai announced in a Wall Street Journal op-ed that the regulatory body will vote Dec. 14 to repeal 2015 Obama-era regulations. That regulatory model, referred to as Title II,…