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Kansas City witnessed one of its biggest startup successes in 2016 with EyeVerify’s massive exit. Stories like this bring Kansas City’s potential to the foreground. It validates that not only building a wildly lucrative business is possible but also that the area community can help make it possible. While undoubtedly a triumph, EyeVerify is but…
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For the second consecutive year, the Mid-America Angel Network posted a record-breaking year of investing. In 2016, the Kansas City-based network invested $3.6 million via 15 deals in startups, topping its 2015 totals of $2.8 million in nine investments. “What you see here is the result of several years of work, not just one,“ MAA…
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Digital Sandbox KC on Friday announced its support of two new Kansas City tech firms. Led by entrepreneur Jeff Shackelford, the Kansas City-based incubator welcomed H3TV and MovinHouz to its program. Digital Sandbox invests up to $25,000 in area businesses for specific projects that help the firms secure additional funding. The organization has now supported…
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Some of the biggest moments in any business start with two simple words: What if? After these words, great opportunity can follow. Businesses have started, discoveries made, and movements ignited around this simple curiosity. These words help find the right problems to solve. They help discover the best solutions. They may lead to failure or…
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The Kansas City-based Pipeline Entrepreneurial Fellowship announced Friday the award finalists and national judging panel for its annual awards, the Innovators. Formerly known as Innovator of the Year, Pipeline’s culminating event is set for Jan. 26, during which 13 fellows from the region will pitch their firms to the judges. Later in the day, the…
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Kansas City-based tech firm LendingStandard announced Thursday that it’s closed on an angel capital round of $600,000. CEO Andy Kallenbach said he’s pleased with the direction of the startup, which created software for multi-family lender organizations. Kallenbach added that he’s excited by what opportunities the financing affords LendingStandard. “This investment will allow us to develop new…
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Victor Hwang, the Ewing Marion Kauffman Foundation’s vice president of entrepreneurship, recently took to LinkedIn to map out his vision for 2017 and beyond. In addition to making a series of new hires, Hwang outlined the four main areas of focus for the foundation: entrepreneurial education, entrepreneurial ecosystems, market gaps and big ideas. “We are…
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Kansas City-based marketing firm Global Prairie has filed suit against a local ag tech firm for defaulting on a loan, according to a document that was filed Nov. 14 in Jackson County Court. In the document, Global Prairie alleged that Kansas City-based FarmLink failed to fulfill payments on a promissory note in the amount of…
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As we said goodbye to 2016, Tesla — along with many other Americans — faced an uncertain future in the Show Me State. When the clock struck midnight, the auto maker’s license to sell cars in Missouri expired. This prompted the firm to close its three locations in Kansas City and St. Louis on Saturday — but not…
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The top investment forum in the Midwest is hoping to garner more applications from fast-growing firms in the Kansas City area. Now in its 18th year, the InvestMidwest Venture Capital Forum hosts investors from around the world that hope to hear from the region’s most-promising firms that need a boost of capital. Companies that presented…
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