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

        Kansas City Assembly Plant; photo courtesy of Ford

        Ford investing $95M, adding 1,100 new union jobs at KC plant to boost electric vehicle production

        By Tommy Felts | June 2, 2022

        One of Kansas City’s biggest employers is driving further into its commitment to local jobs and strengthening its electric vehicle portfolio, adding a third shift at Ford’s Kansas City Assembly Plant and bringing new focus to its evolving strategy. Ford announced Thursday it is investing $95 million and adding 1,100 new union jobs in Kansas…

        Niki Baker

        She was prepared for a ‘no’ but Niki Baker’s blind outreach scored her exclusive licensing with her alma mater

        By Tommy Felts | June 2, 2022

        Faithful to her colors, Niki Baker’s fondness for Kansas State University is unwavering long after she left its campus behind to pursue an art career and a family, she said. Pouring her maker’s mission out on canvas and painting possibility, Baker is now one of the rare few to hold a piece of her alma…

        Derecka Purnell

        Two Black, women-owned bookstores open conversation on police abolition; Why this UMKC alumna says it could reduce gun violence in KC

        By Tommy Felts | June 2, 2022

        Two of Kansas City’s newest Black-, woman-owned bookshops are teaming up to host Derecka Purnell — human rights lawyer, author and University of Missouri-Kansas City alumna — for a community discussion on police abolition and eliminating harm.  Aya Coffee + Books and BLK + BRWN are presenting “Community Book Chat with Derecka Purnell” 6:30 p.m.…

        Erin Christensen, KC Tech Council

        KC Tech Council elevates apprenticeship leader to COO, concluding succession plan after CEO’s departure

        By Tommy Felts | June 1, 2022

        A leading advocate for the region’s tech community announced this week a promotion from within as the KC Tech Council transitions to new leadership after longtime CEO Ryan Weber left the organization this spring. Newly-announced chief operating officer Erin Christensen, who has served as the tech council’s program manager since October 2020 and leads its…