Kansas based robo advisor has raised $9.2m in Series B financing from QED, Commerce Ventures, Allianz, and other strategic investors.
"Early in Blooom's funding round, KCRise Fund and Blooom saw in each other the combined value we bring to KC," Darcy Howe, managing director of the KC Rise Fund, said in a release. "Supporting a high-growth company which wants to stay in KC with both capital and network connections to help them grow is a win for KCRise Fund investors and for our community." Blooom CEO Chris Costello told the Kansas City Business Journal that the $9.15 million gives the company plenty of time to prove that it has a business model that can grow.
http://www.bizjournals.com/kansascity/news/2017/02/06/blooom-series-b-financing.html