$1.7M+ crowdfunding haul puts ChessUp in attack position for production, hiring top talent
May 6, 2021 | Austin Barnes
The makers of ChessUp are at a million-dollar advantage after the close of their first crowdfunding campaign.
“It’s what we dreamed about and hoped for,” Jeff Wigh, CEO and one of three co-founders behind Bryght Labs, maker of ChessUp, said of the company’s first Kickstarter campaign and its $1.703 million close late last month.
Becoming the crowdfunding platform’s most-funded chess project of all time has primed the startup to aggressively scale its efforts — with no blocked moves in sight.
“What this means is way more content and features – especially in the app,” Wigh continued, detailing plans to expand the capabilities of its strategy-first, connected chess board.
Click here to learn more about ChessUp and its commitment to advancing STEM exposure.
“For example we are adding a chess lessons library to complement our over-the-board experience. … We can do a lot of awesome things to augment the board,” he said. “We used to think we needed to partner with a chess content site — now we want to become one.”
The company publicly debuted ChessUp and launched its Kickstarter effort in March. Supporters of the campaign are expected to receive the product in November, despite an integrated circuit (IC) shortage, Wigh explained.
“It would have been a much bigger problem if we had a smaller campaign,” he said, noting the company can place a bigger order and pay with cash, making the materials easier to access and obtain.
Click here to pre-order ChessUp on Indiegogo.
The cash injection helps further cement the venture as the real deal for Wigh and his team, giving them a sizable customer base and allowing them to refine the product at a much earlier stage, he explained.
“The ChessUp board is our advantage over web [and mobile app] chess platforms,” he said. “The lesson content was formerly our weak spot — but now it will be our strength. We can [become] a complete chess platform and it is a big, big opportunity.”
And to seize such opportunities, the company will need to expand its team sooner than it expected, Wigh added.
“I think the biggest risk for a hardware product is getting the right talent in house to finish the product,” he said of the startup’s current needs, which include customer support, digital marketing, and sales roles. Hardware-focused roles in mobile app development and UI/UX design are also available.
Interested in a role or summer internship with Bryght Labs? Contact info@bryghtlabs.com.
“With the big campaign, people who are considering joining our team are much more comfortable,” Wigh continued. “We have the money and the demand risks covered, which in turn covers the risk for the talent we want to attract.”
2021 Startups to Watch
stats here
Related Posts on Startland News
Missouri Starters Coalition debuts effort to boost homegrown jobs, future founders
Entrepreneurs across Missouri gained a new champion this week as regional and national advocates launched a new coalition to support builders in the face of systemic, confidence-shaking roadblocks as they seek to drive job creation and higher lifetime incomes. The Missouri Starters Coalition on Thursday unveiled its founding members — Back2KC, Cortex, E-Factory, Keystone Innovation…
Gatekeepers hate to see them coming: Why Back2KC leaders think these outsiders could be the next best Kansas Citians
A Kansas City homecoming movement with a track record of sparking real relocations and startup investment is gearing up for its annual gathering — welcoming expatriates and newcomers alike as it seeks to deepen ties between the city and its far-flung alumni. But the program’s high-octane leader insists the work of Back2KC isn’t just about…
Reservation for 650,000: KC’s hospitality industry braces for World Cup workforce scramble
Editor’s note: This story was originally published by The Beacon, a member of the KC Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, Kansas City PBS/Flatland, and Missouri Business Alert. Click here to read the original story from The Beacon, an online news outlet focused on local, in-depth journalism in the public interest.…
Harvesting KCMO’s urban-to-rural development wins means taking down silos, EDCKC leader says
Editor’s note: The following is part of an ongoing feature series exploring impacts of initiatives within the Economic Development Corporation of Kansas City through a paid partnership with EDCKC. [divide] Kansas City’s growth isn’t just shaped by skyline-changing projects, said Heather Brown, describing a simple formula — and delicate balance — that keeps the region building upon its…
