Tag: KCRise Fund

Zego exit, investment wins reflect critical need for startups to look outside KC, co-founder says

By Tommy Felts / May 10, 2019

Homegrown is great, Adam Blake said, but at some point scaling companies must explore the world of resources and dollars available outside the metro. “Kansas City has a lot to offer — plenty of talent, great place to live and quality of life, helpful mentors, etc. — but I would say it’s a requirement for startups…

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Adam Blake, Zego PayLease

KC’s Zego acquired by San Diego firm; CEO’s smart home tech innovation to continue

By Tommy Felts / May 7, 2019

Two years after leaving the successful energy company he founded for the quick pace of startup life, Adam Blake is again making a big exit. His smart home technology firm, Zego, has been acquired by a San Diego-based leader in the property management industry, the startup announced Tuesday. Terms of the deal with PayLease were…

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Kansas city startup funding

Most-funded tech startups: $100M-plus investment puts PayIt on the map with C2FO

By Tommy Felts / April 19, 2019

Companies in the Midwest and South are making major plays for investment dollars, according to CB Insights, with Kansas City’s PayIt and C2FO earning spots on the latest map of the nation’s most well-funded tech startups. “The tech boom has diffused beyond the traditional hotbeds of California, New York, and Massachusetts, across the entire United…

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BacklotCars parks another $25 million in Series B round led by NY-based investor

By Tommy Felts / April 15, 2019

KC-fueled BacklotCars will further its mission to disrupt the wholesale automotive space, thanks to the close of a $25 million Series B funding round, the company announced Monday. Led by New York-based growth equity firm, Stripes, the round brings BacklotCars — which seeks to ease pain points for automotive wholesalers — to $38 million in…

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Darcy Howe, KCRise Fund; Lesa Mitchell, Techstars KC; Melissa Roberts, Ewing Marion Kauffman Foundation, female entrepreneurs Kansas City

Even gatekeepers struggle to bring KC’s women-led companies in from the cold

By Tommy Felts / March 6, 2019

Female entrepreneurs are falling behind as a new generation of highly-scalable startups rises in the Kansas City, said Darcy Howe, reporting too few women-led firms even approaching KCRise Fund for investment. “My experience with those ‘Hey, I hear you have money’ calls that I do get [from female entrepreneurs] — many of them are not…

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