Tag: Chris Costello

Sandy Kemper-led YEP KC primes teen entrepreneurs for success

By Tommy Felts / October 24, 2017

If all extraordinary students knew they were exceptional, the world would be a much more entrepreneurial place, said Sandy Kemper. “It’s the future of our city,” said Kemper, co-founder of YEP KC, about young talent. “If we can capture them early, before they go to college, we can create a network that can sustain them…

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Blooom reaches $1 billion in assets under management

By Tommy Felts / September 28, 2017

Blooom announced Thursday that the Leawood-based financial tech firm has reached $1 billion in assets under management, becoming the fastest, independent robo advisor to pass that threshold. Although it’s not the first robo advisor to reach $1 billion, Blooom did so by stretching its dollar much farther than Silicon Valley fintech counterparts, said co-founder Chris Costello. “This…

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Blooom announces layoffs, new strategic focus on consumers

By Tommy Felts / May 11, 2017

Refocusing its outbound efforts to solely target consumers, financial tech startup Blooom has laid off nearly a third of its staff and a top executive has resigned. The Leawood-based company recently announced that it has let go of 10 employees as it moves resources away from marketing to enterprises and will refocus on direct-to-consumer marketing.…

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Tough love: Blooom CEO Chris Costello offers advice to KC investors

By Tommy Felts / February 21, 2017

Editor’s note: Chris Costello is the CEO and co-founder of Blooom, a financial tech startup based in Leawood, Kan., that recently raised a $9.15 million round. All opinions expressed in the commentary are the author’s alone. I am happy to report that Blooom is fresh off its successful Series B round of funding. The round…

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With investors clamoring for more, Blooom raises $9.15 million

By Tommy Felts / February 6, 2017

One of the area’s top startups, finance tech firm Blooom has landed a significant round of financing to accelerate its online tool to boost users’ retirement savings. The firm announced Monday that it raised $9.15 million in an oversubscribed Series B round that features some behemoths in finance tech investing. The round was co-led by…

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