Funding

Mycroft AI

Mycroft hopes to build community of investment backers with new online public offering

By Tommy Felts / June 25, 2018

Adding to its array of successful crowdfunding efforts, Mycroft AI recently launched an online public offering that’s generating significant financial support for the startup. Thanks to 2016 changes to the Securities and Exchange Commission’s equity crowdfunding regulations, the Kansas City-based tech startup’s OPO has already amassed more than $173,000 of its $1.07 million funding goal.…

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SafetyCulture Kansas City

SafetyCulture raises $45.5M Series C funding round

By Tommy Felts / May 21, 2018

SafetyCulture, an Australia-based firm whose North American headquarters is located in Kansas City, announced a huge funding round Monday to advance its tech platform focused on workplace safety. The tech firm raised a $45.5 million Series C round led by New York investment firm Tiger Global Management. Other investors include previous backers, including Blackbird Ventures,…

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Roy Scott, Reggie Gray, H3 Enterprises

H3 win at Regnier challenge puts Roy Scott $20K closer to his slice of $3B edtech market

By Tommy Felts / May 8, 2018

The oversized novelty checks are piling up at H3 Enterprises’ headquarters in the Crossroads. Founder Roy Scott secured another $20,000 in prize money Friday, winning top honors in the Regnier Venture Creation Challenge. “We are continuing to grow and preparing to launch our new technology in schools across the country,” he said in social media…

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Dominique Davison, PlanIT Impact, gigabit app

KC Digital Drive: Kansas City companies win 3 of 21 gigabit app awards so far

By Tommy Felts / April 27, 2018

Two Kansas City startups each recently earned $10,000 awards through a program promoting gigabit app development in the metro. A third firm won previously. OnTimeSocial and PlanIT Impact were among 11 companies honored this spring by US Ignite, which seeks to leverage networking technologies to build stronger smart communities. In Kansas City, US Ignite and…

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We Create KC report, KCSourceLink

We Create KC report: Startup investment soared to $540M in 2017

By Tommy Felts / April 6, 2018

A startling statistic for those who think capital merely flies over the Midwest: Kansas City saw a 69 percent increase in startup investment from 2016 to 2017, according to KCSourceLink’s We Create KC report. All told, early-stage businesses classified by KCSourceLink as startups — typically defined as those with 20 or fewer employees — nabbed…

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