‘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

        Kansas City is a top 10 locale for women-owned businesses

        By Tommy Felts | February 23, 2016

        The Kansas City area is a top destination for women to own a business, according to a new report. A study released Monday by personal finance website WalletHub placed Kansas City in the top 10 U.S. cities for women-owned businesses. WalletHub ranked the 100 most-populated metropolitan areas, doling out points for new business friendliness, female…

        Local, artificial intelligence firms enter the Sprint Accelerator

        By Tommy Felts | February 22, 2016

        There’s a bit of local flavor in the latest class of startups to enter the Techstars-led Sprint Accelerator. Now hosting its third batch of startup companies, the accelerator welcomed ten new companies to its three-month program, including one from Kansas City and another from Lawrence. Super Dispatch, based in Kansas City, and Mycroft, based in…

        Locally-made drone designed to save servicemen, civilians’ lives

        By Tommy Felts | February 19, 2016

        An injured soldier is miles away from medical help, holed up in a countryside village. Reaching him by medevac helicopter isn’t an option and ground Humvee ambulance will take hours. The soldier doesn’t have hours. Usually, it’s a scenario that unfortunately results in death. But Pulse Aerospace, based in Lawrence, Kan., is working to change…

        Regional Roundup

        Fighting the Silicon Valley monster and why startups leave the Midwest

        By Tommy Felts | February 18, 2016

        Here’s this week’s dish on the booming ed tech sector, how other communities can contend with Silicon Valley and the realities of startup relocation. Check out more in this series here. Biz News: How the rest of America can compete with Silicon Valley Silicon Valley is the “center of the new-business universe,” according to Dileep…