$1.7M+ crowdfunding haul puts ChessUp in attack position for production, hiring top talent

May 6, 2021  |  Austin Barnes

ChessUp board by Bryght Labs

The makers of ChessUp are at a million-dollar advantage after the close of their first crowdfunding campaign.  

Adam Roush, Jeff Wigh, and Justin Ferrell, ChessUp

Adam Roush, Jeff Wigh, and Justin Farrell, ChessUp

“It’s what we dreamed about and hoped for,” Jeff Wigh, CEO and one of three co-founders behind Bryght Labs, maker of ChessUp, said of the company’s first Kickstarter campaign and its $1.703 million close late last month. 

Becoming the crowdfunding platform’s most-funded chess project of all time has primed the startup to aggressively scale its efforts — with no blocked moves in sight. 

“What this means is way more content and features – especially in the app,” Wigh continued, detailing plans to expand the capabilities of its strategy-first, connected chess board.

Click here to learn more about ChessUp and its commitment to advancing STEM exposure. 

“For example we are adding a chess lessons library to complement our over-the-board experience. … We can do a lot of awesome things to augment the board,” he said. “We used to think we needed to partner with a chess content site — now we want to become one.”

The company publicly debuted ChessUp and launched its Kickstarter effort in March. Supporters of the campaign are expected to receive the product in November, despite an integrated circuit (IC) shortage, Wigh explained. 

“It would have been a much bigger problem if we had a smaller campaign,” he said, noting the company can place a bigger order and pay with cash, making the materials easier to access and obtain. 

Click here to pre-order ChessUp on Indiegogo.

The cash injection helps further cement the venture as the real deal for Wigh and his team, giving them a sizable customer base and allowing them to refine the product at a much earlier stage, he explained. 

“The ChessUp board is our advantage over web [and mobile app] chess platforms,” he said. “The lesson content was formerly our weak spot — but now it will be our strength. We can [become] a complete chess platform and it is a big, big opportunity.”

And to seize such opportunities, the company will need to expand its team sooner than it expected, Wigh added. 

“I think the biggest risk for a hardware product is getting the right talent in house to finish the product,” he said of the startup’s current needs, which include customer support, digital marketing, and sales roles. Hardware-focused roles in mobile app development and UI/UX design are also available. 

Interested in a role or summer internship with Bryght Labs? Contact info@bryghtlabs.com.

“With the big campaign, people who are considering joining our team are much more comfortable,” Wigh continued. “We have the money and the demand risks covered, which in turn covers the risk for the talent we want to attract.”

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

      2021 Startups to Watch

        stats here

        Related Posts on Startland News

        Digital Inclusion Fund awards $75K for devices to KC nonprofits working to get residents online 

        By Tommy Felts | October 7, 2024

        A relaunched Kansas City-area fund is expected to help residents struggling because of a lack of simple tech resources: devices that might often be taken for granted among their neighbors for whom the internet — and the opportunities that come with it — is already easily accessible. Eleven nonprofits in the region recently were awarded a…

        Biden-Harris official tours KC BioHub; region prepares to reapply for federal Tech Hubs funding

        By Tommy Felts | October 7, 2024

        A visit from a top federal economic development leader early this month offered regional leaders an opportunity to showcase and build upon Kansas City’s strategy to increase domestic production of life-saving vaccines within the footprint of the newly established KC BioHub. Maryam Janani-Flores, chief of staff for the U.S. Department of Commerce’s Economic Development Administration…

        Family-owned US Toy sells to Chicago-based novelty retailer; new owner pledges continued innovation

        By Tommy Felts | October 4, 2024

        The strategic acquisition of a 70-year-old Grandview company that has become a household name for its novelty toys is expected to fuel its new owner’s ability to meet the evolving needs of modern-day customers. Chicago-based Windy City Novelties, Inc. announced the deal with US Toy this week, though financial details were not disclosed. Founded in…

        Financier of the Year: Worlds’ biggest financial leaders applaud C2FO for job-creating capital access

        By Tommy Felts | October 4, 2024

        C2FO would’ve been profitable in the US alone, CEO says; how solving for global needs made it an even stronger fintech leader  The impact of one Kansas City-built fintech company is being felt far beyond the borders of the U.S., said Sandy Kemper, detailing how C2FO’s strategy to go global is creating hundreds of thousands…