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

        The metric that your startup needs to measure: Net promoter score

        By Tommy Felts | November 3, 2016

        Startups are full of uncertainty — and prospective clients know that. Credibility and reputation are both keys to a company’s ability to not only sell a product or service, but also to create brand ambassadors that will promote it to friends and others. As the saying goes, your customers are your best salespeople. “If you…

        Comcast launches new gigabit service in Kansas City metro

        By Tommy Felts | November 2, 2016

        The Kansas City gigabit market just become more crowded. In addition to Google Fiber and AT&T, Comcast has now joined the ranks of Kansas City Internet providers offering gigabit speeds. In 2017 Comcast will begin to roll out residential gigabit Internet service to customers in the Kansas City suburban area. The company will deliver the…

        Four female entrepreneurs will represent KC in UberPITCH contest

        By Tommy Felts | November 2, 2016

        Four Kansas City entrepreneurs will be celebrating global entrepreneurship week on the East Coast as they vie for part of a $120,000 pie. Kansas City’s representatives — which are listed below — represent a diverse set of industries, including tech, health and agriculture. Kansas City was one of five participating cities in UberPITCH — a…

        Google Fiber

        Google Fiber launches ‘gigabit community’ effort in KCK

        By Tommy Felts | November 2, 2016

        In a world where the Internet is used to search for jobs, pay bills and finish homework — Google Fiber aims to use its gigabit service to leverage equal opportunity. In conjunction with a host of community partners, Google Fiber on Wednesday launched its first gigabit communities site in Kansas City, Kan. to help close the…