Blooom’s $4M fundraising effort includes local investors

Blooom Inc. announced the completion of its first round of outside capital raising, landing $4 million.

Investors of the retirement advisory services startup include:

  • QED Investors, Alexandria, Va.
  • Commerce Ventures, San Francisco
  • Hyde Park Venture Partners, Chicago
  • DST Systems Inc., Jefferson City
  • UMB Bank, Kansas City

The funds raised will be used to hire about 10 more people, including sales professionals and software developers.

Read more from the Kansas City Business Journal

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