KCRISE CAPITAL

Thesis

KCRise Fund is a venture capital firm founded in 2016, with a distinct focus on investing in early-stage technology companies that have a strategic connection to the Kansas City region. The firm operates as a co-investment fund, partnering alongside other institutional venture capital firms and corporate investors. KCRise Fund primarily invests in pre-seed, seed, and Series A rounds, with a minimum equity round size of $1 million. While industry-agnostic, the firm has a particular focus on sectors such as Supply Chain/Logistics, Automotive, GovTech, FinTech, Benefits/HR, and Digital Health. They also show interest in SaaS, life sciences, healthcare, and information technology. KCRise Fund's investment strategy is characterized by its "hyper-local" approach, concentrating on companies within the western half of Missouri and the entire state of Kansas. The firm emphasizes business-to-business (B2B) companies. As of June 2023, KCRise Fund had over $90 million in assets under management (AUM), with reports indicating their AUM exceeds $100 million. Fund III closed at $34 million in June 2023. The firm's fund size is generally reported to be between $100 million and $250 million. KCRise Fund I had a total fund size of $39 million, and KCRise Fund II, launched in 2019, brought the total committed capital to over $60 million under management. While specific check sizes per deal are not consistently detailed, KCRise Fund typically invests in rounds of at least $1 million, with one source indicating an average disclosed round size of $9.4 million across 23 rounds with reported amounts. Another source suggests KCRise Fund usually invests $10-50 million on average. KCRise Fund I has reportedly returned nearly 100% of capital back to its investors.

Related lists

• Pre-seed Enterprise investors
• Pre-seed Fintech investors
• Pre-seed Healthcare investors