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Big Round for KC Based Bungii
Have you ever needed to move a couch and realized that your friend with the truck just moved? If so, Bungii is for you. Bungii is an Uber-like service for people seeking to use a pickup truck. The long-haul trucking business is big business at nearly $71B per year, but very little information is available…
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KC-based BacklotCars raises $25 million
On April 15, BacklotCars of Kansas City, Missouri announced a $25 million Series B raise. BacklotCars cars has raised more than $38 million since inception. BacklotCars provides an online mechanism for wholesale car buyers to purchase cars without going to physical locations for auctions. The company has built tools for inspections – both physical and…
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Kansas City-based PayIt raises $100 million plus from Insight Partners
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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KC’s Firebrand Ventures welcomes new partner Ryan Merket
Firebrand Ventures announced on Friday the addition of Ryan Merket to their team. Merket joins the Kansas City-based investor as a Partner based in Austin, Texas. Firebrand said in a press release that Ryan is an execeptional fit in regards to the company’s values and culture, while also bringing complementary skills and experience to the…
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KC-based Mylo raises $28 million in Series A financing
Independent digital insurance broker Mylo has announced a $28 million investment led by Guggenheim Partners. Kansas City-based Mylo intends to leverage the investment and its partnerships to scale and expand its influence in the insurance marketplace. The company has enjoyed steady revenue growth since it’s launch by Global professional services firm Lockton in 2015. The…
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Bardavon Health Innovations closes $16.87 million in effort to revolutionize healthcare
OVERLAND PARK, Kan. – Bardavon Health Innovations closed a $16.87 million venture funding deal on November 20, bringing the company’s total raised to date $20.88 million. NewRoad Capital Partners, based in Rogers, Arkansas led the company’s latest raise, with other undisclosed investors participating. Bardavon Health Innovations, founded in 2014, looks to revolution healthcare, starting with…
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nbkc announces first class of Fountain City Fintech accelerator
Kansas City-based nbkc bank announced last week the six companies that comprise the first class of their fintech accelerator program Fountain City Fintech. Fountain City Fintech is the first accelerator program run by a community bank that specifically focuses on partnerships with innovative startups looking to solve real-world problems and pain points. For example, addressing…
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Digital Sandbox KC selects four new startups to receive project funding
Digital Sandbox KC announced on Thursday that four startups were tapped to receive project funding from the program, two in partnership with Innovation Stockyard in St. Joseph, Missouri. Digital Sandbox KC is a proof-of-concept program that significantly and rapidly moves early-stage entrepreneurs from concept to commercialization. It is a unique collaboration among private, public, university/research…
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Novel Growth Partners Announces First Major Investment in DivvyHQ
Private equity firm Novel Growth Partners of Kansas City made its first major investment of an undisclosed amount in startup DivvyHQ in August 2018. DivvyHQ specializes in software for content creation and management. Novel Growth Partners, co-founded by Keith Harrington and Carlos Antequera provides companies up to $500K in growth capital and does not take equity…
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Applications for Pipeline Entrepreneurs 2019 Fellowship class open Saturday
Pipeline will open applications for the 2019 Entrepreneurial Fellowship on September 1, 2018. Entrepreneurs interested in the program have until October 22 to submit their application. Pipeline is a top organization of the Midwest’s most successful, high-performance entrepreneurs. The organization boasts over 120 entrepreneurs who employ over 2,300 people in Kansas, Missouri, and Nebraska and…