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iiM angel group invests $2.3M in 9 early-stage companies
Overland Park, KS-based iiM, LLC, has recently completed funding for nine early stage companies in the animal health, ag-tech and human health verticals with commitments to two additional companies, for a total investment of $2,372,000. iiM (Innovation in Motion), was launched in 2013 as an angel investment platform by principals of Cohen-Esrey, LLC. During the…
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Plastomics raises convertible debt financing
St. Louis-based biotechnology firm Plastomics raised $900k+ from St. Louis Economic Development Partnership, Missouri Technology and St. Louis Arch Angels on December 28, with other undisclosed investors also participating. The company is a developer of seed technology designed to produce higher yielding crops through chloroplast engineering. Plastomics’ technology entails placing crop traits in a plant’s…
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RiskGenius raises funding
RiskGenius, based in Overland Park, Kansas closed a $500k+ Series A-1 funding round from undisclosed investors on December 26, 2018. RiskGenius is an insurance policy automation engine that rose out of ClaimKit, Inc. ClaimKit was co-founded in 2012 by insurance attorneys, Christopher Cheatham and Douglas Reiser, as a solution for collecting, organizing, and delivering claim…
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ShotTracker continues strong growth
In January 2009, Bruce Ianni received the Pipeline Innovator of the Year award, but little did he know that he would be finding his partner for his next venture through the program. Davyeon Ross and Ianni met through the Pipeline program despite being in different years, and they created a partnership around the passion that…
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BenchPrep raises $20 million in venture funding
Chicago-based BenchPrep secured $20 million in Series C venture funding from Revolution, Jump Capital, and Owl Ventures in a January 15 deal. The company, founded by Ashish Rangnekar and Ujjwal Gupta in 2009, is a developer of an online learning platform. With more than four million users, the company will use the funds to fuel…
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Figo Pet Insurance raises $1.5 million in development capital
Figo Pet Insurance raised $1.5 million including loan financing from an undisclosed investor on January 16. The company, founded by Howard Sproat in 2013, is based in Chicago. The company’s cloud-based pet insurance platform connects pet owners with pet insurance plans that pay…
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Janus Choice aims to solve global healthcare problems and reduce hospital readmissions
Janus Choice offers an interactive, mobile platform for matching patients with post-acute care providers. Silicon Prairie News met up with Janus Choice co-founders Alexandra Goodwin and Darryl Palmer in St. Louis to learn more about their company. Janus Choice is a portfolio company of Singularity University (SU Ventures), an organization that supports entrepreneurs using…
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Apruve closes $6 million Series A venture deal
Minneapolis-based Apruve raised $6 million in Series A venture funding on January 24 in a round led by Cloud Apps Capital Partners, with TTV Capital and AllegisCyber participating in the round. The company plans to use the capital on research and development, and to expand its market reach. The company, founded in 2013, is a…
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Volume 2 of the State of the Silicon Prairie Report launches February 1
The second edition of our State of the Silicon Prairie Report will launch this Friday, February 1. In our most recent report, we ranked forty-two Midwestern startup communities on a variety of factors in order to measure where we are individually so that we might progress as a united region. As part of AIM Institute, a…
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Mycroft AI closes $2.14 million convertible debt funding deal
January 25 – Mycroft AI, founded in 2015 and headquartered in Kansas City, closed a $2.14 million convertible debt funding deal this week. Tuesday’s round with Social Starts, Deep Space Ventures, The Jaguar Land Rover Tech Incubator, TechNexus Venture Collaborative, and other undisclosed investors positions the company for continued expansion in the AI and machine-learning…