Investors
High-growth additions: PayIt, Main Street Data earn slots in $19M KCRise Fund portfolio
Investing in Kansas City startups ultimately brings greater interest from outside funding sources, said Darcy Howe, KCRise Fund founder and managing director. “We continue to be impressed by the increasing early stage deal flow in our region,” Howe said Tuesday in announcing the additions of Kansas City-based PayIt and Main Street Data to the fund’s…
ECJC unveils new $5M seed fund for regional startups
Kansas City has a new fund targeting Midwest startups. The Enterprise Center in Johnson County is leading a bi-state initiative that’s working to capitalize the $5 million Fountain Innovation Fund. The fund — built by the Midwest Seed Consortium — aims to increase the number and pace of scalable firms by investing in the most…
Midwest VC, area startup vet join Firebrand Ventures following $17.7M fund raise
On the heels of smashing its fundraising goal, Firebrand Ventures has added a pair of new team members. The Kansas City-based seed fund is welcoming Cincinnati venture capitalist Wendy Lea as an advisor and Kansas City startup vet Maranda Manning as fund associate, said managing director John Fein. Lea brings a wealth of investment and…
We Create KC report: Startup investment soared to $540M in 2017
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…
Firebrand Ventures inks $17.7M for oversubscribed seed fund
Kansas City-based seed fund Firebrand Ventures has crushed its original goal to create a $7 million seed fund for startups in the Midwest. Led by investor and former Techstars managing director John Fein, the fund raised $17.7 million for tech ventures in the Midwest, exceeding its initial goal by about 250 percent, said Fein. “I’m…
