Why an established firm sought out new digs in the KC Startup Village
The Kansas City Startup Village has attracted a company that’s slightly more seasoned than its core crowd.
Four-year-old technology firm Moblico Solutions LLC moved in last week, making it the second firm to set up shop on the Missouri side of the neighborhood near 45th Avenue and State Line Road.
Roughly 20 more companies are operating on the Kansas side of the village, which celebrated its first birthday on Monday.
Moblico opened its doors a few blocks away from the main village scene in a 1,500-square-foot spot at 1719 1/2 W. 39th St.
“I’m impressed with what they have done in such a short period of time and the synergy that can come from the startup companies cooperating and collaborating,” Moblico CEO Pierre Barbeau said.
Moblico, a four-employee firm that previously was located at 2534 Madison St. near Boulevard Brewing Co., has been seeking new space ever since an investment and incubation relationship ended in June with DST Systems Inc., Barbeau said.
“It was a space that we had as part of incubation with DST and it was time for us to grow out of it and find a place we could call our own,” he said.
Earlier this year, the Kansas City Business Journal learned DST had sold off property in the area to Boulevard.
Moblico moved to the Enterprise Center of Johnson County for temporary office space and support this summer.
Then, Barbeau and his team identified the Startup Village as a permanent option, but were faced with limited options.
Moblico sought traditional office space, while the village mainly offered houses, he said.
As a member of Pipeline Inc.’s entrepreneurship program, whose headquarters is in the village, Barbeau said he continued to search for the space until the 39th Street spot opened up. He said the restaurant district offers Moblico opportunities for entertaining clients, while being able to join the village.
Moblico is in the middle of a capital raise. In April, the company, which has received nearly $4 million in investment to date, was seeking $1.5 million to market a new app developer platform.
On Wednesday, Barbeau said that number had dropped, but declined to provide specifics.