‘More is better’ TrueAccord CEO says as Silicon Valley startup plans for 150 KC jobs

May 3, 2019  |  Elyssa Bezner

TrueAccord Kansas City

TrueAccord is “furiously hiring” to jumpstart the San Francisco-based startup’s intense expansion plan now supplemented by a growing Lenexa office, said Ohad Samet.

Ohad Samet, TrueAccord

Ohad Samet, TrueAccord

“We’ve been very successful [in Silicon Valley], but at some point we realized that we really needed to blow up,” said Samet, co-founder and CEO of the debt recovery startup, which recently pledged to add 150 jobs to the Kansas City area out of its 16011 College Boulevard space.

“While we enjoy having operations in San Francisco and we’ll always have our headquarters there, we wanted to look for a market that we can extend in and tap into that talent that not a lot of other people are seeing,” he continued.

With the current count at 15 employees after a few weeks of operation, TrueAccord expects an increase to 50 by the end of 2019, then finally to the promised 150 over the next three years, Samet said.

“Honestly, given our growth projections for the company, [the 150 goal] could be an understatement,” he added. “We don’t know yet. What I will say is that we’re very excited about everyone we have hired.”  

The team at TrueAccord conducted a wide search when looking for the perfect operations base but ultimately chose the Kansas City area because of its available space for growth, Samet said, noting the cost of living, access to operations and engineering talent, as well as the ability to grab a direct flight to San Francisco played a role as well.

“I think when we chose [Lenexa] everyone was like ‘Oh, that’s interesting,’ but in a few years they’re all going to say, ‘Wow, you saw something that we didn’t see,’ — that’s Kansas City to us,” he said.

“It was the right thing to do,” Samet continued. “They’ll catch on in a few years. In the meantime, we’ll be doubling down.”

Click here to read TrueAccord’s initial announcement of opening its operations base in Lenexa.

The Thursday ribbon-cutting ceremony at the company’s new space at 16011 College Boulevard highlighted an overwhelmingly positive reception from the Kansas City community, he said, noting the presence of Lenexa mayor Mike Boehm, and the KC Chamber of Commerce.

“It was a charming ceremony,” Samet said. “We’re excited to see those opportunities that are usually reserved to the coastal cities in Kansas and Missouri and to hire people who want to live here but have the startup experience across multiple functions.”

Samet aims for a long-term impact of perpetuating startup culture alongside the mission of TrueAccord, he added.

“I’m hopeful that in a few years down the line, maybe this is a huge office with hundreds of people working here for two to three years then cycling out to build their own companies,” he said.

“If we’re really successful then we can help kickstart the startup scene here — not to say that there isn’t a scene [already] — but my impression is that more is better and we can be a part of that more,” said Samet.

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

      2019 Startups to Watch

        stats here

        Related Posts on Startland News

        Roberts: Court action to make KC a patent troll haven will squash innovation

        By Tommy Felts | November 23, 2016

        Editor’s note: Melissa Roberts is urging the Kansas City business community to sign a petition that aims to halt an effort to establish Kansas City as an area friendly to “patent trolls.” The commenting period on the proposed changes closes 5 p.m., Nov. 26. The opinions in the commentary are the author’s alone.  I used…

        Nick Ward-Bopp: Local maker community harkens to KC’s creative roots

        By Tommy Felts | November 22, 2016

        Editor’s Note: Nick Ward-Bopp co-manages the MakerSpace at the Johnson County Library, helping the community use tools for digital fabrication like 3D printers and laser cutters. He also spends his nights and weekends co-running Maker Village — a small wood and metal shop in Midtown Kansas City — where it focused on building community through workshops…

        Kansas City’s slow, steady entrepreneurial growth nabs No. 23 ranking

        By Tommy Felts | November 22, 2016

        For the second year in a row, Kansas City maintained its rank as No. 23 out of 40 metros in entrepreneurial activity, according to the Ewing Marion Kauffman Foundation’s 2016 Main Street Entrepreneurship report. The annual report covers the rate of business owners, established small business density, survival rate and more. These metrics are calculated…

        Report: Area Latino business ownership surged in 2015

        By Tommy Felts | November 21, 2016

        Latino business ownership is on the rise in the Kansas City area, according to a recent study. While area entrepreneurial activity has largely remained steady, the percent of Latinos that own businesses in Kansas City considerably increased from 2014 to 2015, according to the Ewing Marion Kauffman Foundation’s Index of Main Street Entrepreneurship. Now just…