ClaimKit LLC, a claim document management and review software company in Overland Park, has received a $360,000 investment from the Mid-America Angels, a regional angel investor network in Kansas and Missouri.
The syndicated deal included an additional $200,000 investment from SeedStep Angels in Oklahoma along with participation from the Women’s Capital Connection.
“The traction that ClaimKit has received from both investors and customers is an incredible vote of confidence in our product and our team,” ClaimKit co-founder and CEO Chris Cheatham said in a release. “We look forward to taking advantage of this momentum to make the lives of claim professionals easier and more efficient. This round of financing will enable ClaimKit to add to its staff, expand its current software suite and invest in additional sales and marketing capabilities.”
George Hansen, president and CEO of the Enterprise Center of Johnson County, which manages Mid-America Angels, said: “We’re proud to be investing in the future of a company that has shown a commitment to Kansas City. We look forward to working with Chris and the rest of the ClaimKit team to ensure that the company grows quickly and sustainably continues to develop its subscriber base and creates new jobs.”
The ClaimKit deal marks the fourth investment closed this year by Mid-America Angels. In 2014, it has provided close to $2 million in commercialization funding to startups and high-growth businesses in the area.