BacklotCars taking over full floor of new Lightwell building following $25M funding round 

August 2, 2019  |  Startland News Staff

BacklotCars, Lightwell, images courtesy of Somera Road and AREA Real Estate Advisors

A 20,000-square-foot space in one of Kansas City’s most recently remodeled downtown office buildings will allow BacklotCars room to continue expanding its team, while also impressing high-level targets, said Josh Parsons.

Lightwell building, downtown Kansas City

Lightwell building, downtown Kansas City

“The location, design and amenities of the project are exactly what is needed to attract the top tech talent to Kansas City,” said Parsons, co-founder and COO at BacklotCars, describing the look and feel of the space at 12th and Main streets. “We are very excited to be moving into the new Lightwell building and feel that it will be a great place for our ever-growing team to call home.”

BacklotCars joins WeWork as top-tier tenants at Lightwell, which boasts 180,000 square feet of contiguous availability, the largest existing block of space in downtown Kansas City, according to its developers. WeWork plans to occupy two floors of the building, formerly branded as City Center.

Now operating from within Plexpod Crossroads, BacklotCars — which offers a wholesale platform for auto dealers — is expected to move into Lightwell later this month. The company announced a $25 million funding round in April.

Click here to read more about the big investment in BacklotCars. 

“BacklotCars is exactly the type of forward-thinking technology company that understands what we’re creating at Lightwell,” said Basel Bataineh, vice president at Somera Road, which negotiated the lease alongside AREA Real Estate Advisors. “They’re a major contributor to Kansas City’s growing technology ecosystem and we’re excited to provide them with a home that’ll enable their next phase of growth.”

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

        ‘Hustle’ and a heart: Beth Engel on the ethos of Dundee Venture Capital’s new fund

        By Tommy Felts | October 6, 2016

        In a red, grid-lined journal, Beth Engel outlines a note in large block letters. With each stroke of her pen, “HUSTLE” grows bolder. As though to protect the musing, the venture capitalist of three years adds a box around the reminder before once again tracing over the word. Engel continues to sketch as she eloquently…

        Timely funding opportunities for Kansas City startups

        By Tommy Felts | October 5, 2016

        Despite Kansas City’s recognition as a tech hub, its variety of incubator programs and array of successful startup ventures, the metro’s entrepreneurial ecosystem is still trying to fill the money gap. How can the community ensure that entrepreneurs have access the capital they need? Well, as KCSourceLink knows well, appropriate funding resources vary widely depending…

        Mobility Designed tackles a demand unaddressed since the Civil War

        By Tommy Felts | October 4, 2016

        Editor’s note: This content is sponsored by LaunchKC but independently produced by Startland News.   Some technologies are slow to innovate. And crutches — which haven’t changed much since the U.S. Civil War — are a prime example. “They’ve pretty much been the same for decades,” said Liliana Younger, CEO of Mobility Designed. “Although there…

        Two area startups still vying for $25K from the Kauffman Foundation

        By Tommy Felts | October 3, 2016

        The Ewing Marion Kauffman Foundation on Monday announced the top 15 finalists in the 1 in a Million pitch competition that are vying for a $25,000 grant — and two startups hail from the metro area. Kansas City-based The Grooming Project and Lawrence-based DraftPak both cracked the top 15 in the contest after beating out…