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

        How city dollars could help crime victims get back to business; Mayor unveils new fund to support struggling entrepreneurs 

        By Tommy Felts | September 13, 2024

        A newly introduced fund aimed at helping KCMO small businesses recover from and prevent property crimes — offering grants up to $3,000 for damage repairs and $5,000 for security upgrades — is a step in the right direction, said Joe Giammanco, whose pizza shop was recently hit by criminals. “Programs like this are going to…

        KC pet tech startup fetches $120K Techstars investment, taking founder’s pitch to Atlanta

        By Tommy Felts | September 12, 2024

        As Kansas City-built Interplay prepares to bring its debut product to market, the pet tech startup is getting a jolt of new energy from one of the nation’s top accelerator programs. The timing couldn’t be better, said founder Jonaie Johnson, announcing Interplay’s acceptance into Techstars Atlanta & New Orleans Powered by J.P. Morgan, which welcomed…

        Swifts endorsement: KC couple opens Cadillac of Cajun restaurants along streetcar line

        By Tommy Felts | September 11, 2024

        Richard and Sheila Swift started small: selling their Cajun cuisine out of an existing bar and grill in Kansas City, Kansas, in late 2022. Within a few months they had a loyal following.  Still, they wanted their own operation. So they paused and spent a month planning their next step. They formed an LLC, splurged…

        KC founder’s hip hop edtech app for children, families earns earns $50K in 5G innovation competition

        By Tommy Felts | September 11, 2024

        A grants program focused on boosting social entrepreneurs — traditionally underfunded women and persons of color — who are using 5G wireless innovation to address pressing community challenges this week awarded a $50,000 prize to Kansas City startup Healthy Hip Hop for its work on child literacy. Catalyst — a competitive grants initiative by the Washington,…