West Des Moines-based LenderClose received $10 million in a completed series B funding round, the lending platform announced this week. Investors include Next Level Ventures, Collins Community Credit Union, Financial Plus Credit Union, Serve Credit Union and Ascentra Credit Union in Iowa. The company recently launched an automated loan processing solution called HEx (Home Equity Express), […]
At the Technology Association of Iowa’s recent Catalysts event, retiring Executive Vice President Gary Scholten of Principal Financial Group said he has watched the fight for growth in Iowa’s tech scene. “About 10 years ago TAI commissioned a study, and at that time they determined that about 10% of the jobs in Iowa were linked […]
Entrepreneur, venture capitalist and 2020 Democratic presidential candidate Andrew Yang will be speaking at the 2019 Monetery tech summit in Des Moines, hosted by Dwolla at the Temple of Performing Arts. Yang is the founder of Venture for America, and as a political candidate is best known in the field for his universal basic income […]
West Des Moines-based Midwest Growth Partners, a private equity fund funded in 2013, has raised $113.5 million for a second fund, the organization announced on Monday. Twenty-six investors have invested in Midwest Growth Partners II LP, which will bring total private capital managed by the organization to more than $154 million. The second fund will […]
In the seventh year of the Business Record’s annual Leaders Survey, the Business Record asked local leaders whether they believe Central Iowa businesses had adequate access to venture capital. It’s a snapshot of our wider concerns – the survey, released in print and in daily e-newsletter snapshots, checks the pulse on some of Des Moines’ […]
Dwolla, a Des Moines-based digital payment platform, is expanding its second Monetery summit to two days this May, the company announced on Wednesday. The 2019 summit will be held May 21-22 at the Temple for Performing Arts. Last year’s event was limited to 200 attendees, and this year’s will be similarly exclusive, said Steph Atkin, […]
High-growth companies that missed the Nov. 2 deadline can still apply to present at the 2019 InvestMidwest Venture Capital Forum in Kansas City. Midwestern companies interested in pitching to investors at the forum, held March 19-20 at the Westin Kansas City at Crown Center, can submit applications until Jan. 4, 2019. InvestMidwest annually attracts around […]
The Angel Capital Association has announced investment in nine regional startups who recently presented in Des Moines at the annual Best of Midwest Conference, hosted by local investment group Plains Angels. Hosted by the Greater Des Moines Partnership and BrownWinick Law Firm, the event hosted 140 attendees, including 90 accredited investors. Des Moines companies Pitchly […]
Registration is open now for the fall session of Greater Des Moines Partnership’s biannual Raising Capital Seminar, scheduled this month for Sept. 27. Sponsored by BrownWinick Law Firm, the day-long seminar takes participants from the basics of pitch decks to the intricacies of term sheets and negotiations, said Mike Colwell, executive director of entrepreneurial initiatives at […]