Posts Tagged ‘Netchemia’
Novel Growth announces new $12M+ fund, expansion to Chicago, Indianapolis, St. Louis
An oversubscribed first fund for Novel Growth Partners will help the Kansas City-based financing firm expand its tech investments in Chicago, Indianapolis and St. Louis. With more than $12 million banked for the fund, Novel is poised to use its unique revenue-based financing model to focus on boosting B2B software startups, the firm said in…
Read MoreDivvyHQ landed Novel’s first investment by avoiding hockey-stick growth, co-founder says
It was a marriage of the minds, said DivvyHQ co-founder Brody Dorland, describing his marketing tech firm’s recent investment from Novel Growth Partners. The company’s leadership — Dorland and co-founder Brock Stechman — is honored to be recipients of NGP’s first investment, Dorland said. But the pairing didn’t come by accident, he added. “I think they viewed…
Read MoreFormer Netchemia CEO, KC venture capitalist launch new fund for Midwest software firms
Keith Harrington isn’t looking for hockey-stick growth companies. With the new fund he’s co-leading — Novel Growth Partners — Harrington wants to invest in small, steadily-growing tech companies in the Midwest. But instead of a traditional venture capital model, Novel is employing a revenue-based finance model that should appeal to more entrepreneurs, Harrington said. “We believe that…
Read MoreDying schools taught Katie Boody how to build
Editor’s note: Katie Boody is a co-founder of The Lean Lab, a Kansas City-based education incubator that helps educators create and implement innovative ideas in schools to help students. The Lean Lab co-founder Carrie Markel contributed to this piece. Opinions expressed in this commentary are the author’s alone. Both the schools I taught at are…
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