Posts Tagged ‘Royal Street Ventures’
$16.4M third fund for Royal Street; KC needs at least one $100M exit each year, leader says
A $16.4 million third fund will see Kansas City-rooted Royal Street Ventures claim even more stake in area startups and establish itself as a leader in locally-sourced venture capital, said Laura Brady. “We have invested in six companies in Kansas City — including two already in Fund III,” Brady, Royal Street’s managing director, noted of the…
Read MoreElite investors at exclusive CEO retreat: Don’t waste time; sell us on your billion-dollar idea
Trying to land the backing of a venture capital firm? Throw your pitch deck out the window, Chris Olsen advised a select group of Kansas City CEOs. “A lot of times founders will come and give us their pitch and they’ll start going through it and [they’re telling us] they’re profitable in 18-months. And we’ll…
Read MoreMost-funded tech startups: $100M-plus investment puts PayIt on the map with C2FO
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…
Read MoreBacklotCars parks another $25 million in Series B round led by NY-based investor
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…
Read MoreInvestors deal BacklotCars $8M; KC-based startup hitting the gas on disruption
Disrupting the used car space has driven a Series A funding round to $8 million for Kansas City-based startup BacklotCars, the company announced Tuesday. “This investment comes at a great time. We are growing rapidly in our existing markets and expanding our national footprint. We expect to continue to add new features – to accompany…
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