KCRise Fund Has $10 Million in Commitments

The KCRise Fund—an initiative of the KC Rising effort to fully realize the Kansas City region’s economic potential—announced today that it has closed on an initial $10 million in commitments from area investors. 

KCRise was established, “as a solution to the widely held belief that one of the biggest challenges for our regional entrepreneurs is accessing capital,” according to KCRise Fund manager Darcy Howe.

Howe also said, “With this initial fund closing, KCRise is already in discussion on potential investment opportunities with area entrepreneurs, including at least one led by a venture capital investor from outside the region looking to invest in Kansas City companies.”