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

        WeWork closing Corrigan Station, once a core hub for Kansas City’s startup community

        By Tommy Felts | March 22, 2024

        Coworking giant WeWork on Thursday confirmed the planned closure of its Corrigan Station location in Kansas City — a space once closely intertwined with the local startup scene and its flourishing culture of innovation. “As part of WeWork’s strategic restructuring efforts, we have made the difficult decision to end our operations at Corrigan Station,” a…

        Starting a business in KCMO is too expensive, study says; here’s how the city can cut those costs

        By Tommy Felts | March 21, 2024

        Entrepreneurs in Kansas City, Missouri, face a higher cost of entry to the world of small business than their peers in St. Louis — or even just across the state line in Kansas City, Kansas, said Jennifer McDonald. “We look at things like how expensive it is to start a business, how complicated it is,…

        Royals’ pitch for a Crossroads ballpark isn’t the first; what struck out KC’s plans for a domed downtown stadium 60 years ago?

        By Tommy Felts | March 21, 2024

        Editor’s note: This story was originally published by Kansas City PBS/Flatland, a member of the KC Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, The Kansas City Beacon, and Missouri Business Alert. Click here to read the original story. On June 27, 1967, Jackson County voters approved a $102 million general obligation bond…

        Scoring Google’s $1B data center feels like Super Bowl overtime as KC keeps notching wins, officials say

        By Tommy Felts | March 20, 2024

        Kansas City is hitting it out of the ballpark, said Mike Parson, returning from the governor’s office to the region Wednesday for yet another major economic development announcement — this time, a billion-dollar Google data center coming in 2025. “Maybe I should say, ‘You’re hitting it out of the ballpark and scoring touchdowns,” Parson, R-Missouri, told…