Posts Tagged ‘KCRise Fund’
GXPI-led $3.25M deal pushes Kansas City IoT firm Pepper over $15M investment mark
Pepper topped $15 million in investments this week — adding to its ownership structure through a sizeable deal led by GXPI, the investment arm of Evergy. “This strategic investment by Evergy gives us a great partner in the retail electric utility industry where IoT is beginning to play a critical role,” said Scott Ford, CEO…
Read MoreThink globally, invest locally: Are KC dollars worth more than outside capital?
Hometown capital is validating, said Darcy Howe, but it isn’t everything. Half of the firms in Startland’s 2018 list of Top Venture Capital-Backed Companies in Kansas City received 50 percent or more of their funding from KC investors — a promising indicator of local support that suggests to outside investors that a company is ready…
Read MoreHigh-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…
Read MoreWomen investors create intentional connections with female founders
Female entrepreneurs receive only about 2 percent of all venture capital but own 38 percent of businesses in the United States, the Harvard Business Review reports. That’s in part why a group of women investors in Kansas City is planning to meet with women entrepreneurs to foster better relationships. Investors from the KCRise Fund, Royal…
Read MoreCasaiQ announces name change, high-profile investors in $1.5M round
Techstars Kansas City graduate CasaiQ is hoping a new funding round — and new name — will accelerate the development and deployment of its smart home tech. Led by former Brightergy exec Adam Blake, CasaiQ announced Friday that it raised a $1.5 million round, which includes a handful of local investors. The KCRise fund, Techstars…
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