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

        Funding roundtable (part II): Entrepreneurs compare KC investment scene to other cities

        By Tommy Felts | December 10, 2015

        Welcome back to part two of our roundtable discussion on the early-stage investment sector in Kansas City. For a more formal introduction on this series and its five participants, please refer to part one on Kansas City’s investment culture and evolving economy. Check out the third and final installment of the series with the entrepreneurs’ advice for…

        Events Preview: KC Next Winter Event

        By Tommy Felts | December 10, 2015

        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 Handmade Holiday Sale When: December 10 @ 6:00 pm – 9:00 pm Where: Hammerspace The creative, talented maker members of HammerSpace Community…

        Funding roundtable: Kansas City still has a lot to learn about venture capital

        By Tommy Felts | December 8, 2015

        After growing demand for more coverage on Kansas City’s early-stage investment capital landscape, Startland News decided to start a conversation on the subject. In November, we hosted five Kansas City entrepreneurs for a frank discussion on their experience raising funds in and outside of Kansas City. The aim of the conversation was to create a…

        University students score opportunities via Pipeline IOTY

        By Tommy Felts | December 8, 2015

        Four college student founders are hoping to capitalize on facetime with high-profile businesspeople as part of an inaugural university competition at Pipeline’s Innovator of the Year event. Students from four regional universities will present their startups at the annual Kansas City-hosted IOTY event, which features a pitch competition among 10 Pipeline fellows, an evening gala…