Torch.AI acquisition boosts its national security thumbprint, building out workforce proudly in KC

December 27, 2021  |  Channa Steinmetz

Leveraging Torch.AI’s local talent alongside targeted acquisitions gets the Leawood artificial intelligence firm closer to its goal of securely sharing data with the world, said Brian Weaver, founder and CEO, committing to keeping the surging company in Kansas City.

“As our technology is being adopted by more and more customers and those customers continue to use it for a broader array of use cases, the core of our business is expected to grow by 300 percent year over year,” Weaver told Startland News. “… With that growth, our headquarters will stay in Kansas City. We’re proudly Kansas City. Certainly we’re open to acquiring companies outside the Kansas City region, but our center is here in Kansas City.”

Click here to learn more out Torch.AI.

Torch.AI recently acquired The DataTech Group (DataTech) — an Illinois-based technology solutions provider that delivers software and technical expertise across data warehousing solutions and decision support systems.

“Our largest customer is the United States government, specifically the Department of Defense. This was an opportunity to expand and extend our reach across that customer, so it was a really good strategic fit,” Weaver said. “But also, at the end of the day, the reality is the people [who were a part of The DataTech Group] are amazing.”

With the move, Torch.AI retained all of DataTech’s employees, as well as created about 30 new jobs for Kansas City, Weaver shared. 

Click here to read more about Torch.Ai’s commitment to create nearly 500 full-time jobs in the region over the next five years.

Another acquisition by Torch.AI is in the works, Weaver teased, noting it involves a company similar to the local firm but holds a different customer base.

Such strategic acquisitions help Torch.AI advance its technology and mission of making data information easier to use for everyone, said Jon Kramer, who serves as the chief technology officer at Torch.AI.

“In 2022, we will continue to build a greater depth in what our technology can understand from a data standpoint; and then we can more effectively deliver the value of that data to the different types of data consumers that exist within an enterprise,” Kramer noted. 

Torch.AI’s continued and rapid growth is only possible through a dedicated and proficient team, Weaver noted. 

“When you’re growing a business like this, it’s hard. It takes a massively talented group of people to navigate growth like this,” said Weaver, acknowledging the work of Kramer and others on his executive team. “It’s exciting but daunting at the same time.”

With the recent DataTech acquisition, Torch.AI added veteran national security technologist Adam Lurie to the firm as its chief strategy officer. 

“I’m proud to join an organization known for being a trailblazer in AI and large-scale data enablement,” Lurie shared in a press release. “Torch.AI holds a reputation for putting their clients first, while simultaneously advancing the use of AI to improve mission performance.”

Along with advancing its national security mission, another primary motivator of Torch.AI’s growth: helping build the tech ecosystem in Kansas City.

“We’re firmly committed to growing in Kansas City and hopefully becoming one of Kansas Cities next great employers,” Weaver said, referencing Hallmark, Garmin and Cerner. “… We really aspire to create value the same way those companies have done so for the city.”

Tagged , , , , ,
Featured Business
    Featured Founder
      [adinserter block="4"]

      2021 Startups to Watch

        stats here

        Related Posts on Startland News

        KC tech firm’s video app records $600K

        By Tommy Felts | July 14, 2015

        A local tech firm is planning to accelerate development of its mobile video application thanks to some new funding. Kansas City-based Digital Legacy landed $600,000 in May to fund the creation of its “VideoFizz” app, which allows a group of users to collaborate on a personalized video message for birthdays, anniversaries and other special events. Missouri…

        The future’s around the corner at KC’s Compute Midwest

        By Tommy Felts | July 13, 2015

        Bold ideas with the promise to revolutionize tomorrow are heading to the City of Fountains for a growing technology conference. Now in its fourth year, Compute Midwest is set to explore technologies and ideas transforming the future, including space travel, self-driving cars and artificial intelligence. In addition to learning about the latest in technology, Compute…

        Tour the UMKC Entrepreneur Hall of Fame

        By Tommy Felts | July 10, 2015

        Startland News took the opportunity Friday to tour the UMKC Entrepreneur Hall of Fame, which opened in late 2014. The hall aims not only to educate visitors on remarkable Kansas City businesspeople, but also celebrate the area’s entrepreneurial spirit. Enjoy!

        Google selects two Kansas Citians to bridge digital divide

        By Tommy Felts | July 10, 2015

        Two Kansas Citians hope to increase digital inclusion by participating in a new fellowship opportunity through Google Fiber. Google announced Friday that Eze Redwood and Leslie Scott were selected to participate in Google Fiber’s Digital Inclusion Fellowship program, a year-long program created to help community organizations get more people connected to the Web. In partnership…