DivvyHQ exits: They built this KC startup brick-by-brick, now it fits within a bigger story

February 29, 2024  |  Tommy Felts

Brock Stechman and Brody Dorland, DivvyHQ

A Kansas City marketing tech startup’s acquisition by Lytho, a leading creative project management platform, is built upon the two brands’ complementary company ideologies and tech, said Brock Stechman.

“We’re seeing a lot of consolidation in our market, and this was an opportunity where we could collaborate and come together seamlessly with a single, specialized, unified solution,” the co-founder of DivvyHQ told Startland News.

Lytho formally announced the acquisition this week. The deal closed Jan. 31. Financial details of the exit were not disclosed.

Founded in 2011 by Stechman and Brody Dorland, DivvyHQ is an award-winning content operations platform that makes it easy for global marketing, content, and communications teams to get organized, plan, produce, and publish high-quality content more efficiently. 

“Building a company from the ground up, brick-by-brick, is incredibly difficult,” Stechman said in a LinkedIn post announcing the exit. “It truly truly does take a village. For those who have been a part of our journey thus far, I can’t thank you enough.”

“Of course, I’m very proud of what we’ve built,” he continued. “But I’m much more proud of who we built it with. Who you work with makes all the difference in the world.”

DivvyHQ is expected to continue as a standalone product for the foreseeable future, according to Lytho, although the two companies already have begun integrating their platforms to provide customers with a more seamless and efficient content creation experience. 

Stechman is now vice president of strategy for Lytho, with Dorland becoming vice president of marketing.

“We’re excited about these new positions; it’s a great opportunity for us both,” Stechman said.

“And our entire team is being integrated into Lytho,” he continued, detailing plans for DivvyHQ’s 12-person workforce. “We have a remote team, our core team in Kansas City, as well as developers in Argentina and the Philippines through our partnership with Full Scale. Everybody will be able to continue working from where they are now.”

Brody Dorland and Brock Stechman, DivvyHQ

Brody Dorland and Brock Stechman, DivvyHQ

The acquisition of DivvyHQ represents a significant step forward for Lytho and its commitment to providing innovative solutions for content creation and process management, said Doug Thede, CEO of Lytho. 

“I am truly excited to incorporate DivvyHQ into the Lytho ecosystem,” he said. “Not only are we adding a solution that serves the unique needs of content marketing and communications teams, but we are also joining forces with experienced professionals who understand our market — both the opportunities and challenges that our customers face.” 

For the past 20 years, Lytho has been serving creative teams with best-in-class creative workflow, review and approval, automation, and digital asset management capabilities, according to the North Carolina-based company. This acquisition allows Lytho to quickly expand its reach within marketing organizations and deliver an integrated toolset that manages all aspects of the content creation lifecycle. 

“Together we’ll be able to provide unique and highly specialized solutions to make it much easier for marketing content, communications, and creative teams to all work seamlessly together,” said Stechman.

Click here for more on Lytho and the acquisition.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tommy Felts

Tommy is editor-in-chief for Startland News, a Kansas City-based nonprofit newsroom that uses storytelling to elevate the region’s startup community of entrepreneurs, innovators, hustlers, creatives and risk-takers.

Under Tommy’s leadership, Startland News has expanded its coverage from a primarily high-tech, high-growth focus to a more wide-ranging and inclusive look at the faces of entrepreneurism, innovation and business.

Before joining Startland News in 2017, Tommy worked for 12 years as an award-winning newspaper journalist, designer, editor and publisher. He was named one of Editor & Publisher magazine’s top “25 Under 35” in 2014.

Related Posts on Startland News

DivvyHQ exits: They built this KC startup brick-by-brick, now it fits within a bigger story

A Kansas City marketing tech startup’s acquisition by Lytho, a leading creative project management platform, is built upon the two brands’ complementary company ideologies and tech, said Brock Stechman. “We’re seeing a lot of consolidation in our market, and this was an opportunity where we could collaborate and come together seamlessly with a single, specialized,…

Read More...
Venture capital Kansas City

Kansas City’s Top VC-Backed Companies in 2020

The 2020 Top Venture Capital-Backed Companies List reflects a range of success stories and COVID-era challenges among Kansas City’s community of growth-stage, venture-backed companies. The list — updated annually by Startland News and its parent organization, Startland — shows that while few companies were spared from COVID-19’s impact, many of Kansas City’s leading entrepreneurs continued to grow…

Read More...
Brody Dorland and Brock Stechman, DivvyHQ

DivvyHQ proves ‘unmatched in market’ with top award now spanning four consecutive wins

Voted the No. 1 content marketing tool for the fourth straight year, DivvyHQ plans to capitalize on its momentum to deliver new features and functionality in 2020, said co-founders Brock Stechman and Brody Dorland.  “When we won [the honor] the first year, obviously it was a huge surprise. We were so pumped. But then we…

Read More...
Matt DeCoursey, Startup Hustle's live podcast at Startland's Innovation Exchange

Check in: Full Scale’s $1M investment pledge already impacting startups like Mixtape, DivvyHQ

Nearly nine months after pledging to invest $1 million worth of Full Scale’s development resources in Kansas City startups, impact already is clear among numerous companies, said Matt DeCoursey, who has leveraged a podcast and “Suite and Greet” networking to build deeper connections to the local innovation community. “We have the ability to help a…

Read More...