Funding

PayIt, Kansas City

Experts: Coastal VCs getting FOMO on Kansas City; PayIt’s $100M+ investment proves it

By Tommy Felts / March 29, 2019

Landing more than $100 million in funding is no small feat for PayIt — or any startup, John Thomson said with a mix of humble confidence. “Wins beget wins, and it helps to build the ecosystem,” said Thomson, CEO and co-founder of PayIt. Click here to read more about PayIt’s investment from Insight Partners. For Thomson,…

Read More >
PayIt team

‘Transformative’ $100M+ investment for PayIt means KC GovTech startup will boost hiring

By Tommy Felts / March 28, 2019

A massive investment from a New York-based venture capital and private equity firm is expected to help push Kansas City GovTech startup PayIt to 120 employees by the end of 2019, John Thomson said. “We’re already growing at a pretty good clip, and this will really help us accelerate R&D, serving more clients, and putting…

Read More >
John Thomson, PayIt CEO and co-founder

PayIt announces $100M+ funding round from single investor

By Tommy Felts / March 28, 2019

Simplifying government services through tech just got easier for Kansas City-based startup PayIt. All thanks to a funding round of more than $100 million, the company announced Thursday. UPDATED: ‘Transformative’ $100M+ investment for PayIt means KC GovTech startup will boost hiring PayIt — named one of Startland’s 10 Kansas City Startups to Watch in 2018 — received the…

Read More >
Allen Gibson, CAPE Industries

Liberty-based CAPE Industries scores $1.45M round, ‘global reach with a home base feel’

By Tommy Felts / March 26, 2019

A commitment to Kansas City shouldn’t limit a company’s reach, Allen Gibson said on the heels of a million-dollar-plus funding round, successfully closed Tuesday by his startup, CAPE Industries. “This is a global product. We have a global team [put in place] and we’ve organized from Day 1 to be a global company based in Kansas…

Read More >
Sarah Mote, KCSourceLink

KCultivator Q&A: Sarah Mote inspired by radical thinkers, lowbrow humor, taking KCSourceLink social

By Tommy Felts / March 22, 2019

Editor’s note: KCultivators is a lighthearted profile series to highlight people who are meaningfully enriching Kansas City’s entrepreneurial ecosystem. The KCultivator Series is sponsored by Plexpod, a progressive coworking platform offering next generation workspace for entrepreneurs, startups, and growth-stage companies of all sizes. Quiet startups fueled by overcoming struggles are always the most fascinating stories,…

Read More >