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thinkbigpartners.com

Investments

10

Portfolio Exits

2

Funds

1

Partners & Customers

2

About Think Big Partners

Think Big Partners offers their clients startup acceleration and collaborative networking for entrepreneurs.

Headquarters Location

1800 Baltimore 4th Floor

Kansas City, Missouri, 64108,

United States

816-842-5244

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Latest Think Big Partners News

‘Never used like this before’: KC-built biosurveillance, sensor tech, disinfectant firms poised for team COVID-19 battle

Mar 29, 2020

Andy Page and David Alberty, InnovaPrep Editor’s note: The following is part of Startland News’ ongoing coverage of the impact of Coronavirus (COVID-19) on Kansas City’s entrepreneur community, as well as how innovation is helping to drive a new normal in the ecosystem. Click here to follow related stories as they develop. Kansas City companies are expected to play a role on a global stage for combating the COVID-19 pandemic through a national Tiger Team involving Cisco Systems and Think Big Partners, said Herb Sih. Herb Sih, Think Big Partners “The government has asked for private sector involvement and that’s what really caused me to think, ‘We have to get involved.’ I think it’s really an opportunity for Kansas City to respond to that call for action,” said Sih, managing partner and co-founder at smart city development firm Think Big Partners. Tasked with pinpointing emerging tech to use in the war effort against COVID-19, the Tiger Team — a group of smart city specialists tasked with combatting Coronavirus through innovation — located three specific technologies each with roots in the Kansas City metro area, he said. The tech team includes: Drexel, Missouri-based InnovaPrep , supplying biosurveillance tech; a Dallas-based, but KC-born Machine Halo , bringing large scale sensor technology; as well as an undisclosed local chemical disinfectant company — among other medium-large companies both nationally and internationally, Sih said. The companies together create a superpowered assembling of tech with the potential to flatten the Corona-curve in an important way, he added. “We’ve been able to assemble all these different complementary technologies and they all work together — they just have never been used like this before,” he said. “This is real, and these technologies absolutely can work. I think Machine Halo and InnovaPrep are absolutely going to work.” InnovaPrep team ‘Glad to be ready to help’ Having the ability to provide rapid results in detecting the presence of the virus in private or public areas is massively instrumental in the current climate, said David Alburty, CEO of InnovaPrep. But it might come as a surprise to regional outsiders that his Kansas City company is already poised to lead, he added. “InnovaPrep provides tools for wide-area biosurveillance for COVID-19 virus. Detecting your enemy is key. The picture of infection in the indoor environment is based on surface and aerosol monitoring. COVID-19 is a respiratory disease, so aerosol monitoring is important, in addition to surface sampling. The smart cities initiative helps tie the picture together via interactive public health internet connections for Kansas City and around the country.” “I think sometimes innovation comes out of the Heartland in ways that are unexpected on the coasts,” said Alburty. “For one thing, I’ve been spending the last 15 years developing equipment that’s perfectly workable for this problem and worrying about this problem has been something that has kept me up these past 15 years because I thought it was inevitable that a pandemic would hit of this magnitude.” “It’s one of those things I never wanted to happen, but since it’s happened, I’m glad to be ready to help,” he added. “I think it’s just something that Kansas City and Midwestern companies have in mind — they’re just sometimes solidly working on the outcomes rather than jumping on maybe the latest app or something.”  InnovaPrep’s “Bobcat” device — a powerful, portable air sampler — is able to detect any virus in the air in a given space, said Alburty. How InnovaPrep tech works “The sampler can be used to sample air in the COVID-19 organizations or maybe emergency hospitals and that’s really important in an environment like that — to keep the doctors and nurses safe, and also prevent the spread of the virus any further because it is spread by aerosol transmission,” he said. “Just to be part of the Kansas City response [with the Tiger Team] is one thing, but I think if this could be used in Kansas City or developed here as part of the Smart Cities Initiative, it could be a contribution to the nationwide effort,” he added. The firm is also developing surface samplers to detect any contamination not in the air, Alburty said. “These sorts of environmental biosurveillance or physical biosurveillance are really important in controlling outbreaks, and we’d like to help with that if we can,” he said. “Who’d have thought six months ago, you’d feel good about someone taking your temperature as you walk through an airport?” added Sih. ‘We’re not just doing this for a quick Band-Aid’ Technology’s heavy hand helps eliminate the chance of human error, or socioeconomic biases in health-concerning situations, Sih said, noting Machine Halo’s large scale optical sensors can take multiple readings at scale. Isaiah Blackburn, Machine Halo Machine Halo operates as a glue in the framework for smart city infrastructure and the collaboration of the different applications and startups, said Isaiah Blackburn, CEO of the startup. “Even though [Machine Halo] is focused on computer vision and artificial intelligence and the ‘edge’ — to where you don’t have to go back to the cloud — we can also pull in viable data and run other types of sensor applications,” he said. “So being able to collect information from a completely separate type of sensor and even a different company and be able to identify the useful pieces and then being able to act on it is what is valuable.” While hoisting up emergency structures for a growing public health issue is important, the sustainability aspect is even more crucial to ensure the global community continues to thrive throughout the resulting recovery and growth stages, he added. “What we have to think about is that we’re not just doing this for a quick Band-Aid — it can be done in a way that helps address the immediate problem, but also when we’ve transitioned into recovery and then growth,” said Blackburn. The Tiger Team has involved many other medium-to-large-scale businesses nationwide as well, Sih added, noting the collaborative effort and Kansas City representation is game-changing. ”Out of our little hometown, there’s some great stuff going on that may make a huge dent in this problem worldwide, so we’re very excited about it,” Sih said. Facebook Comments

Think Big Partners Investments

10 Investments

Think Big Partners has made 10 investments. Their latest investment was in Zoloz as part of their Series A - II on August 20, 2014.

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Think Big Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/20/2014

Series A - II

Zoloz

$6M

No

3

11/19/2013

Seed VC

Capitol Canary

$0.6M

No

2

5/13/2013

Series A

Zoloz

$2.3M

No

Mid-America Angels, Nebraska Angels, Nelnet Ventures, and Undisclosed Angel Investors

3

9/23/2012

Seed

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$XXM

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0

9/23/2012

Seed

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$XXM

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0

Date

8/20/2014

11/19/2013

5/13/2013

9/23/2012

9/23/2012

Round

Series A - II

Seed VC

Series A

Seed

Seed

Company

Zoloz

Capitol Canary

Zoloz

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Amount

$6M

$0.6M

$2.3M

$XXM

$XXM

New?

No

No

No

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Co-Investors

Mid-America Angels, Nebraska Angels, Nelnet Ventures, and Undisclosed Angel Investors

Sources

3

2

3

0

0

Think Big Partners Portfolio Exits

2 Portfolio Exits

Think Big Partners has 2 portfolio exits. Their latest portfolio exit was Capitol Canary on September 21, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/21/2022

Acquired

$XXM

8

9/13/2016

Acquired

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$XXM

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10

Date

9/21/2022

9/13/2016

Exit

Acquired

Acquired

Companies

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Valuation

$XXM

$XXM

Acquirer

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Sources

8

10

Think Big Partners Fund History

1 Fund History

Think Big Partners has 1 fund, including Think Big Ventures I LP.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/1/2012

Think Big Ventures I LP

Early-Stage Venture Capital

Open

$3M

1

Closing Date

6/1/2012

Fund

Think Big Ventures I LP

Fund Type

Early-Stage Venture Capital

Status

Open

Amount

$3M

Sources

1

Think Big Partners Partners & Customers

2 Partners and customers

Think Big Partners has 2 strategic partners and customers. Think Big Partners recently partnered with M12 on November 11, 2013.

Date

Type

Business Partner

Country

News Snippet

Sources

11/3/2013

Partner

United States

Kansas City Is Becoming a Mecca for Big Technology Names.

However , Think Big Partners in Kansas City is the first established accelerator to build a partnership with Microsoft Ventures .

2

1/23/2012

Partner

Five Elms Capital, and Legal Sonar

United States

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10

Date

11/3/2013

1/23/2012

Type

Partner

Partner

Business Partner

Five Elms Capital, and Legal Sonar

Country

United States

United States

News Snippet

Kansas City Is Becoming a Mecca for Big Technology Names.

However , Think Big Partners in Kansas City is the first established accelerator to build a partnership with Microsoft Ventures .

Subscribe to see more

Subscribe to see more

Sources

2

10

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