BacklotCars taking over full floor of new Lightwell building following $25M funding round
August 2, 2019 | Startland News Staff
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.
“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.”


Featured Business

2019 Startups to Watch
stats here
Related Posts on Startland News
Ag tech firm Farmobile reaps big multi-million dollar investment
Agriculture company Farmoblie reaped substantial funding to accelerate development and distribution of its technology to collect data from farm machinery. The Kansas City-based firm snagged a $5.5 million Series A round of equity investment led by Amsterdam-based Anterra Capital. Founded in 2013, Farmoblie created a device — or Passive Upload Connection (PUC) — that plugs into…
Regional venture capital and why Valley firms moved to the Midwest
In this week’s regional roundup, we have the dish on everything you should know from regional venture capital and cyber security to building a company that survives a dynamic tech market. For more on this series, read our introduction. St. Louis Biz Journal: Big raises, new funds highlight year for venture capital in St. Louis Not only…
Events Preview: Happy Holidays!
There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW With the Holidays right around the corner, there are few events this week and next. Grab some egg nog and enjoy time…

