2020 Startups to Watch: Tesseract Ventures building future of AI, robotics alongside ‘titans of industry’

January 22, 2020  |  Austin Barnes

Tesseract Ventures

Editor’s note: Startland News selected 10 Kansas City firms to spotlight for its annual Startups to Watch list. The following is one of 2020’s companies. Click here to view the full, ranked list of Startups to Watch.

The smartest minds in the Kansas City area have assembled in offices from the Crossroads to Martin City, working to build an uncommon business that could change the future as most people know it, declared John Boucard. 

2) Tesseract Ventures

Elevator pitch: Tesseract helps American industries become smarter, better connected and more efficient with our next-generation robots, smart spaces, 21st century software and radically connected platforms. We foster innovation in Kansas City and proudly call it America’s most quietly revolutionary place.

• Founder: John Boucard
• Founding year: 2018
• Amount raised to date: $15 million+
• Noteworthy investors: Undisclosed
• Current employee count: 20

“[We’re] helping companies become smarter, better connected and more efficient,” explained Boucard, founder and CEO of Tesseract Ventures — a tech company discreetly developing a revolutionary system that allows businesses to connect ultra-high speed processing backends to intuitively reveal, organize and display vast amounts of information, largely using robotics. 

A veteran inventor, having worked with such minds as Stan Lee, creator of Marvel, Boucard left Kansas City in 1999, lured from the metro by the sex appeal of Silicon Valley tech. 

“It wasn’t the right time to start a company [here] when I left,” Boucard recalled. 

Two decades later, times have changed and Kansas City has established itself as a unique place to build a unique business, he added. 

“There’s a huge entrepreneurial community here in town and it’s burgeoning. So, I decided that I would focus on [connecting with] local titans of industry,” Boucard explained of the beginnings of Tesseract, launched in 2018.

“I was at the right place at the right time with the right people in the right business,” he added, detailing connections with entrepreneurs like Gary Fish, founder of Fishtech Group, who welcomed Tesseract into his Martin City campus for a seven-month innovation incubator. 

“[Fish] saw something in the business — in me — and I very much appreciate my time there,” Boucard said.

Forced to think quickly, the project had to evolve, he noted.

Helena Boucard and John Boucard, Tesseract Ventures

Helena Boucard and John Boucard, Tesseract Ventures

In the past six months, Tesseract has established offices in Corrigan II and lab space in Martin City, an opportunity zone. 

“We needed a secondary location to invent the future and our own spot [where] we could build and blow up and make stuff,” Boucard detailed, adding the growth is a sign of the startup’s scaling as it nears more than $15 million of locally raised capital and a team of 20 people and counting. 

“We don’t think we need to go out to anybody else to raise money, which is different than most companies. We think we can raise it all here and we’ve put together a dream team of investors. I couldn’t be more proud of the group that we put together, which will be revealed,” the always close-to-the-vest Boucard said with a smile. 

By the end of the first quarter, Tesseract is expected to reach 26 employees, part of ongoing recruitment efforts to secure the most promising tech and engineering talent the startup can find, he said. 

“We are committed to fostering innovation in Kansas City and the Midwest,” Boucard said. “It’s wonderful to work with a team that understands the potential of this space. The process has been seamless so far and we’re looking forward to working together to build something special.”

Startups to Watch in 2020

1) United American Hemp
2) Tesseract Ventures
3)  ELIAS Animal Health
4) Healium
5) Fishtech
6) Draiver
7) Backstitch
8) Stenovate
9) Boddle Learning
10) Destiny

This story is possible thanks to support from the Ewing Marion Kauffman Foundation, a private, nonpartisan foundation that works together with communities in education and entrepreneurship to create uncommon solutions and empower people to shape their futures and be successful.

For more information, visit www.kauffman.org and connect at www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2020 Startups to Watch

    stats here

    Related Posts on Startland News

    WiGo

    WiGo trips isolated travel in its tracks, connecting like-minded journeys through years-in-the-works app

    By Tommy Felts | January 7, 2019

    WiGo Trips takes the isolation out of globetrotting, said Jaqui McCarthy, connecting people on a “LinkedIn for travellers” social networking app set to launch Saturday. Soon to be available on iOS and Android, WiGo is expected to feature a marketplace through which users can display and discuss travel plans, CEO and co-founder McCarthy said. Selected…

    Gianina Jennings and Trenton Lee, Trenton’s Luxe Couture

    Daytime TV exposure weaves new challenge for once-bullied teen wig designer: a startup reality check

    By Tommy Felts | January 3, 2019

    Fifteen-year-old Trenton Lee found his purpose on the brink of suicide, he recalled, glossing through the pages of a portfolio chronicling the first months of his newly launched Kansas City wig business — a path that ultimately led him to a couch alongside TV and radio personality Steve Harvey. “I was just at the lowest…

    Joel Johnson, Mixtape

    Target deals new verse to KC-born Mixtape card game; players could pick founder’s next tune

    By Tommy Felts | January 2, 2019

    Mixtape allows players of the KC-made card game to “hide behind the song,” connecting without fear of vulnerability, said creator Joel Johnson. That appeal recently helped push the cross-generational, multi-genre product onto Target shelves across the country. Players draw cards with such scenario questions as, “What song or band changed the way you think about…

    GenU

    Fund Me, KC: GenU looks in the mirror to remove student mental health stigmas

    By Tommy Felts | December 28, 2018

    Startland News is continuing its segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for entrepreneurs — like those working on behalf of the mental health support site GenU — to share their crowdfunding stories to gain additional support. Who are you and what is your organization? Risa Stein, PhD…