One of KC’s top small businesses markets explosive growth into new key investor: former Mobank CEO

June 30, 2021  |  Startland News Staff

Grant Burcham and Melea McRae, Crux KC

On the heels of Crux KC doubling its square footage in January and growing its headcount 118 percent since June 2020, the marketing firm — one of the KC Chamber’s Top 10 Small Businesses — announced a significant investment this week by Grant Burcham, former Mobank CEO.

“I’ve long valued Grant’s business acumen and insight as a leader, which makes it all the more meaningful that he’s invested in the future growth of Crux,” Melea McRae, Crux’s founder and CEO, said of the undisclosed deal.

Burcham’s investment enables the company to continue its growth trajectory, which has already hit a 50 percent revenue increase for the first half of 2021, according to Crux. With the investment, Crux’s top priorities are to hire new team members, offer additional employee perks and expand to a larger office space, all necessities to accommodate its growth strategy, the company said.

Crux already has added 12 employees to its roster since January in anticipation of 60 percent revenue growth by the end of 2021. After upgrading to a 2,500-square-foot office earlier this year, Crux recently re-leased a separate space in the same building to accommodate its rapidly expanding team.

The company is currently on the hunt for its new permanent home in the downtown Kansas City area.

Click here to learn more about Crux KC.

“We’re approaching our five-year anniversary in July, fueled by the recent successes and all the momentum,” McRae said. “Because of this partnership, we can move forward sooner than expected with several strategic investments that we planned to make in 2022, thereby better serving our clients. We’re just getting started.”

 

Crux’s rapid growth trajectory, as well as Burcham’s belief in the importance of marketing, were both factors that compelled him to invest, the company said. Following another recent investment in the IT solutions company CyTek, Burcham plans to focus exclusively on helping these two local businesses grow for the foreseeable future.

Click here to read more about Burcham’s newly announced involvement with CyTek.

Melea McRae, Crux KC

Melea McRae, Crux KC

“Crux has a dynamic leader, a differentiated business model and a talented team; that’s the triple threat of success,” Burcham said. “The brand differentiation at Mobank prompted me to take a great interest in understanding the power of good marketing. The minute Melea and I started working together, I could see the energy, passion and success of the company — validated by the numbers — and I immediately saw the value in investing.”  

Crux combines executive-level marketing and business strategy to provide a simple, smart and affordable outsourced marketing solution, according to the company.

Despite the pandemic, Crux increased its topline revenue by 40 percent in 2020, the company reported. Among its new local clients: Hoefer Welker, Morgan Hunter, Pipeline Entrepreneurs, the City of Mission, Kansas, CrossFirst Bank and SourceLink, as well as several in the Dallas market.

Wanting to give back to the community in a meaningful way, Crux also launched its pro-bono marketing services program last year, devoting $30,000 of marketing services free to one worthy nonprofit annually.

This year’s recipient is KC Shepherd’s Center (KCSC), a unique, peer-led platform of services aimed at helping senior Kansas Citians stay active, involved and independent.

The 2020 recipient was People of All Colors Succeed (POAC), a conversation starter working to build diverse communities grounded in understanding, acceptance and inclusion, and a future free from bullying.

Click here to read more about the efforts of Jamie Grayson and POAC.

Crux’s McRae recently was honored among the Kansas City Business Journal’s Women Who Mean Business 2021 class, and won the Enterprising Women of the Year Award in May.

This story is possible thanks to support from the Ewing Marion Kauffman Foundation, a private, nonpartisan foundation that seeks to build inclusive prosperity through a prepared workforce and entrepreneur-focused economic development. The Foundation works to change conditions, address root causes, and break down systemic barriers so that all people – regardless of race, gender, or geography – have the opportunity to achieve economic stability, mobility, and prosperity. 

For more information, visit www.kauffman.org and connect with us 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.

Tagged , , ,
Featured Business
    Featured Founder

      2021 Startups to Watch

        stats here

        Related Posts on Startland News

        Electric Americana: How singer Teri Quinn broke from the pack (and found her own in KC)

        By Tommy Felts | January 14, 2025

        Members of the Kansas City-based band Teri Quinn & The Coyotes are carving a distinctive space within the local music scene. From Appalachian banjo riffs to punk-inspired beats, their sound reflects diverse influences — howling loudest from the woman in front.  Attendees at Startland News’ Jan. 23 reception for the Kansas City Startups to Watch…

        C2FO hits its first billion-dollar day; marks $400B in funding to customers as global finance shifts

        By Tommy Felts | January 14, 2025

        A record-breaking year for C2FO serves as a proof point itself, said Sandy Kemper, revealing the Kansas City-built fintech surpassed $400 billion in lifetime funding to its customers in 2024 and achieved $1 billion of daily funding for the first time. “The success of the past year only demonstrates the tremendous need for more efficient…

        KC Biohub leader bullish on Tech Hubs funding after region missing from latest grants list

        By Tommy Felts | January 14, 2025

        Kansas City is still in the running for a chunk of the remaining $280 million in expected funding for federal Tech Hubs implementation grants, said Melissa Roberts Chapman, emphasizing the region remains primed and competitive in the process despite the KC BioHub not being among the latest awardees announced by the program. Six other projects…

        KCMO secures $11.8M to expand city’s EV charging infrastructure, targeting underinvested neighborhoods  

        By Tommy Felts | January 14, 2025

        A freshly charged tranche of funding is expected to help power Kansas City’s efforts to install 256 new electric vehicle charging points across urban and suburban areas of the city, Mayor Quinton Lucas announced Tuesday. “This project will help cement Kansas City’s commitment to sustainable transportation and access to electric vehicle resources,” Lucas said. “A…