Torch.AI acquisition boosts its national security thumbprint, building out workforce proudly in KC

December 27, 2021  |  Channa Steinmetz

Jon Kramer and Brian Weaver, Torch.AI

Leveraging Torch.AI’s local talent alongside targeted acquisitions gets the Leawood artificial intelligence firm closer to its goal of securely sharing data with the world, said Brian Weaver, founder and CEO, committing to keeping the surging company in Kansas City.

“As our technology is being adopted by more and more customers and those customers continue to use it for a broader array of use cases, the core of our business is expected to grow by 300 percent year over year,” Weaver told Startland News. “… With that growth, our headquarters will stay in Kansas City. We’re proudly Kansas City. Certainly we’re open to acquiring companies outside the Kansas City region, but our center is here in Kansas City.”

Click here to learn more out Torch.AI.

Torch.AI recently acquired The DataTech Group (DataTech) — an Illinois-based technology solutions provider that delivers software and technical expertise across data warehousing solutions and decision support systems.

“Our largest customer is the United States government, specifically the Department of Defense. This was an opportunity to expand and extend our reach across that customer, so it was a really good strategic fit,” Weaver said. “But also, at the end of the day, the reality is the people [who were a part of The DataTech Group] are amazing.”

With the move, Torch.AI retained all of DataTech’s employees, as well as created about 30 new jobs for Kansas City, Weaver shared. 

Click here to read more about Torch.Ai’s commitment to create nearly 500 full-time jobs in the region over the next five years.

Another acquisition by Torch.AI is in the works, Weaver teased, noting it involves a company similar to the local firm but holds a different customer base.

Such strategic acquisitions help Torch.AI advance its technology and mission of making data information easier to use for everyone, said Jon Kramer, who serves as the chief technology officer at Torch.AI.

“In 2022, we will continue to build a greater depth in what our technology can understand from a data standpoint; and then we can more effectively deliver the value of that data to the different types of data consumers that exist within an enterprise,” Kramer noted. 

Torch.AI’s continued and rapid growth is only possible through a dedicated and proficient team, Weaver noted. 

“When you’re growing a business like this, it’s hard. It takes a massively talented group of people to navigate growth like this,” said Weaver, acknowledging the work of Kramer and others on his executive team. “It’s exciting but daunting at the same time.”

With the recent DataTech acquisition, Torch.AI added veteran national security technologist Adam Lurie to the firm as its chief strategy officer. 

“I’m proud to join an organization known for being a trailblazer in AI and large-scale data enablement,” Lurie shared in a press release. “Torch.AI holds a reputation for putting their clients first, while simultaneously advancing the use of AI to improve mission performance.”

Along with advancing its national security mission, another primary motivator of Torch.AI’s growth: helping build the tech ecosystem in Kansas City.

“We’re firmly committed to growing in Kansas City and hopefully becoming one of Kansas Cities next great employers,” Weaver said, referencing Hallmark, Garmin and Cerner. “… We really aspire to create value the same way those companies have done so for the city.”

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

        Lilly Long and Ryan Wing, The Sundry

        On the menu: The Sundry tastes expansion with move to Plexpod

        By Tommy Felts | September 8, 2017

        Moving The Sundry this month to Plexpod reflects the evolution and future of where people live and work, Ryan Wing said. And, of course, how they eat. A leader in Kansas City’s sustainable food movement, The Sundry plans to relocate its store from the Crossroads to a 3,300-square-foot space at Plexpod Westport Commons. It’s the…

        Leaders say Kansas City is prime for Amazon HQ2

        By Tommy Felts | September 8, 2017

        In the wake of news Amazon is planning a second, U.S. headquarters, a group of Kansas City organizations is tossing Kansas City’s proverbial hat in the e-commerce giant’s shopping cart. Amazon announced Thursday it plans to invest more than $5 billion in a new headquarters that could create as many as 50,000 jobs in which…

        Aleh Manchuliantsau and Anastasia Tkacheva, Planetarians

        Techstars Spotlight: Planetarians’ hunger for tasty snacks blooms with Sunflower State secret ingredient

        By Tommy Felts | September 8, 2017

        It’s a simple solution: Eat your fruits and vegetables. Treating diseases caused by poor diet costs the United States about $1.4 trillion each year, Aleh Manchuliantsau said. “Fiber and plant protein have been shown to prevent diabetes, heart disease and obesity,” said Manchuliantsau, co-founder and CEO of Planetarians. “But despite the effort to get kids…

        Spanish-language business law class targets KC resource gap

        By Tommy Felts | September 7, 2017

        ¡Llamando a todos los emprendedores! Language isn’t a barrier to entrepreneurial spirit, Adrienne Haynes said, and it shouldn’t prevent Kansas Citians from finding business success just because they don’t understand the nuances of startup lingo or legal processes. “Whether you’re a black- or brown-owned company, whether you’re woman-owned, whether Spanish is your primary language, or…