Local startup Knoda has secured $50,000 from an angel capital fund affiliated with the University of Missouri’s business school.
The money is coming from the Allen Angel Capital Education Program, which is part of the MU Trulaske College of Business. The fund is managed by college students, as a way to teach them about investing in high-growth startups.
“We chose Knoda for this investment because we really believe in what they’ve created,” AACE Co-President Alex Wood said. “It’s been fun to see Kyle and James using their predictions app and interacting with the community. We’ve enjoyed watching Knoda grow as a company and we are pleased to partner with them on their continued growth.”
Knoda is an app-based platform that lets users make, track and share public predictions with friends. So far, the company has raised $400,000. Its iOS app debuted in December, followed by Web and Android versions this year.