‘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

        Puppies and pilsners: Bar K dog park eyes KC’s riverfront

        By Tommy Felts | July 14, 2016

        A proposed bar at Kansas City’s Berkley Riverfront park will enable the enjoyment of a cocktail and your canine. Founded by David Hensley and Leib Dodell, Bar K hopes to be part of a revitalization effort in the riverfront area with Port KC by converting unused green space into a bar, restaurant and dog park.…

        Digital Sandbox

        Digital Sandbox expands to Independence, Mo.

        By Tommy Felts | July 14, 2016

        Digital Sandbox KC is expanding into more surrounding Kansas City suburbs. The business incubator has partnered with the City of Independence and the Independence Economic Development Council to help early-stage entrepreneurs grow their businesses in the municipal directly east of Kansas City. Digital Sandbox — which provides up to $25,000 to area businesses for specific projects…

        Innovation program challenges civically-minded Kansas Citians

        By Tommy Felts | July 13, 2016

        The City of Kansas City, Mo. is again asking for entrepreneurs’ help. Kansas City is now accepting applications for the 2016 Innovation Partnership Program, which provides an avenue for entrepreneurs to develop, test and demonstrate solutions to improve city operations. The city will accept program applications for only 30 days — from July 13 to August 15.…

        Harrison Proffitt and Ben Jackson, Bungii

        Tech startup Bungii is your new friend with a truck

        By Tommy Felts | July 12, 2016

        “Hey, can I borrow you and your truck this weekend?” It’s a question dreaded by truck owners everywhere, and in April of 2015, it made Ben Jackson regret ever buying his 1999 Ford Ranger. Jackson — and his truck — had just finished an exhausting day helping friends make four hauls across Manhattan, Kan. The…