Wichita based Knoxx filed paperwork this week with the SEC indicating that it had raised another early stage round.
The company which provides the Alyss Analytics engine helps companies deliver HR consulting services around a software product that captures and reviews audio and video submissions of potential employees. The goal is to automate and review certain types of physical behavior during the interview and employment process.
In April, SPN wrote a profile of Alyss that provides significant insight into the company. Here is a link to that story: https://spnewsnjt.wpengine.com/2019/04/alyss-insights-helping-companies-land-the-best-talent/
The company’s paperwork suggested a raise of more than $500k. This is a noteworthy raise in the Wichita ecosystem because Alyss has been consistently growing revenue, adding staff, and finding new sources of early stage capital. For example, in the Spring of 2018, the company won the I/O Summit in Lincoln, Nebraska. [Incidentally, this summit has moved to the Fall and will be taking place in late October 2019.]
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The raise also marks the fifth raise (according to Pitchbook)[1] in Wichita this year – but one of the larger ones in recent years. The State of Kansas has had a strong year with more than twenty companies receiving significantly more than last year’s total. However, many of the very large fundings driving this performance are in the Kansas City area.
For more information, please visit their website at www.alyssanalytics.com.
[1] Crunchbase only shows a single funding from Stor and Deliver of $50,000.
