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St. Louis and Missouri

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Kansas City-based PayIt raises $100 million plus from Insight Partners

By SPN Team / April 10, 2019

On March 28, Kansas City-based PayIt announced that they had reached terms to infuse $100 million of new capital into their company. This round was led by Ryan Hinkle of Insight Partners’ New York City office. PayIt uses a proprietary, patent-pending payment platform to simplify paying government entities. The goal of the platform is to…

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AGOGIE wearable resistance pants help improve performance

By SPN Team / March 25, 2019

  “Life is hectic. Finding time to work out shouldn’t be. Imagine burning fat, increasing calorie burn, building muscle, all by living your daily life. Now you can, and it’s as simple as putting on a pair of pants. The AGOGIE wearable resistance pants enable you to work out with every movement throughout the day.”…

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BioSTL receives grant to launch new agtech solution validation program

By SPN Team / March 19, 2019

With the help of a $100,000 grant from the Wells Fargo Innovation Incubator (IN2), BioSTL is moving forward with a first-of-its-kind solution for moving Agtech ideas from concept to production by directly connecting innovators with Missouri growers. As part of this new Early Adopter Grower Innovation Community (EAGIC), BioSTL will convene a community of Missouri…

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How one startup benefited from leaving L.A. and moving to St. Louis

By SPN Team / March 18, 2019

SwipeSum CEO Michael Seaman didn’t know what to expect when he moved to St. Louis from Los Angeles in January 2018. But what started with Michael and his brother Stephen in a downtown coworking space has grown into a twelve-person team. Michael said that Stephen had been living in St. Louis and convinced him to…

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Milwaukee, St. Louis, and Kansas City lead the Midwest in first fundings of female-founded companies

By SPN Team / March 8, 2019

A new report signals that St. Louis, Kansas City, and Milwaukee excel compared to the rest of the Silicon Prairie when it comes to first fundings of female-founded companies. The report, published by the Center for American Entrepreneurship and Research Director Ian Hathaway, details the pathway for many early-stage companies and the continued relative scarcity…

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St. Louis-based Tunespeak innovates in the music industry

By SPN Team / March 6, 2019

St. Louis-based Tunespeak is a win-win for musicians and their fans. Have you entered to win tickets to see Old Dominion in Cedar Rapids, IA on March 31?  Or Hunter Hayes in Madison, WI on May 2 including a meet and greet?  Or how about The Maine right here in Omaha on May 26? Huh…what…you…

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Plastomics raises convertible debt financing

By SPN Team / February 4, 2019

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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St. Louis based SwipeSum raises $1 million

By SPN Team / December 18, 2018

SwipeSum is a St. Louis based startup that uses technology to discover better merchant processing options for businesses. The technology is premised on identifying lower rates for merchant processing and creates an auction for merchant processers to bid on the work at businesses. The company was formed in 2016 by brothers, Michael and Stephen Seamen.…

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Kidney function monitor company raises more capital in St. Louis

By SPN Team / December 17, 2018

St. Louis based Medibeacon filed paperwork with the SEC last week regarding their $1.25 million raise. This brings their total raise for the year to more than $7 million. The filing identifies these raises as debt-only raises. Medibeacon has created a hardware device that helps monitory kidney function. This device, called a Transdermal GFR (Glomerular…

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