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

        Ryan Stock, MindSport

        MindSport drives down the court with mindfulness and meditation app for athletes

        By Tommy Felts | June 23, 2018

        Pressure doesn’t equal present, said Ryan Stock. Modern lifestyles that emphasize always being on-the-go only contribute to stress and anxiety, the MindSport founder added. “No matter what industry you’re in … it’s just part of Western culture,” he said. “I think it’s magnified in athletics because there’s so much pressure, because there’s so much money.”…

        Edison Spaces launching second location focused on flexible offices for startups

        By Tommy Felts | June 22, 2018

        Edison Spaces, a firm that offers flexible, private offices to entrepreneurs and small businesses, plans to open its second Johnson County location this summer. Focused on offering short-term lease options, Edison Spaces is launching its second locale in August at 7900 College Boulevard, on the corner of College and Metcalf. Owned by Kansas City entrepreneurs…

        Sandy Kemper, C2FO, Innovation Exchange

        Sandy Kemper at IXKC: Trust is the hack for building FinTech or any startup in KC (Photos)

        By Tommy Felts | June 20, 2018

        Act like everyone is watching … because they are, Sandy Kemper said. “It’s something I think a lot of folks — maybe not from around here — fail to understand,” the C2FO chairman and CEO told a packed crowd Tuesday at Startland’s Innovation Exchange at nbkc bank. “You cannot get away with anything. And some…

        Choir Bar Swell Spark

        Watch: Choir Bar debuts ‘One Day’ video from its first reverse karaoke singalong event

        By Tommy Felts | June 20, 2018

        The excitement was palpable Saturday as Choir Bar launched into song for the first time in River Market, said Matt Baysinger. Now organizers are ready to share the singalong experience with the world. “People are so dang impressive,” said Baysinger, co-founder of Swell Spark, which debuted the Choir Bar concept in hopes of it becoming…