Firebrand Ventures, a Kansas City-based seed fund launched in 2016, announced it has invested in four additional startups. That brings the $7 million fund’s total number of investments so far to seven.
The latest batch of investments includes a pair of startups from Boulder and two more from Austin:
• inKind is a Boulder-based firm that created a finance platform providing high-end restaurants with capital up front and then selling gift cards upwards of $500 to pay itself back. Firebrand’s investment is part of a $1 million round and is led by Techstars Ventures and Firebrand.
• Threatcare is an Austin-based cybersecurity firm that provides an intrusion simulation platform designed to help organizations fine-tune and audit their cybersecurity systems.
• Automox is a Boulder-based data security SaaS firm that provides a cloud-based patching platform that automates the patch remediation process for Windows, Mac OS X, Linux and third-party software.
• ScaleFactor is an Austin-based finance and accounting firm that integrates with existing cloud software to provide automation tools for bookkeeping, tax compliance and financial analysis.
Firebrand is led by managing director John Fein, formerly of the Sprint Accelerator. The fund focuses on investing on in the greater Midwest, which Fein defined as an area from San Antonio to Minneapolis and Boulder, Colorado to Columbus, Ohio.
Read more: Startland News