$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

        $11M renovation in the works for historic hub of Black entrepreneurship; project ties into 18th Street pedestrian mall plans

        By Tommy Felts | May 9, 2024

        Editor’s note: The following story was originally published by AltCap, an ally to underestimated entrepreneurs that offers financing to businesses and communities that traditional lenders do not serve. For more than one hundred years, the Lincoln Building has served as a cornerstone of commerce and community in the 18th and Vine district. The historic district —…

        MTC’s spring $1.4M investment cycle loops Facility Ally, DevStride into equity deals 

        By Tommy Felts | May 8, 2024

        Two Kansas City startups are among a handful of Missouri companies receiving a collective $1.4 million in investment allocations through a state-sponsored venture capital program. Facility Ally, led by serial entrepreneur Luke Wade; and DevStride, co-founded by Phil Reynolds, Chastin Reynolds, Aaron Saloff and Kujtim Hoxha; must now complete the Missouri Technology Corporation’s due diligence process…

        Kauffman CEO: Foundation’s reset aligns Mr. K’s intent with KC’s needs of the moment

        By Tommy Felts | May 8, 2024

        A recently announced strategy refresh for the Ewing Marion Kauffman Foundation will drive the organization’s collective impact in the community — honoring the vision of its namesake while recognizing the challenges Kansas City faces today, said Dr. DeAngela Burns-Wallace. “Mr. K had very distinct philosophies and ideas around how he wanted this work done,” explained…

        Block by block: Prototype builds startup’s housing vision where everyone can afford their own castle

        By Tommy Felts | May 7, 2024

        A mock home facade project on the grounds of Kansas City’s historic Workhouse Castle serves as a proof point for Godfrey Riddle’s rebooted Civic Saint — a social venture built on compressed earth blocks as its key to affordable, sustainable housing. “CEBs (compressed earth blocks) are great for Kansas City, because non-expansive sandy clay soil…