Kansas City Companies Shine Bright on National Stage
In a stunning showcase of innovation and growth, two local companies from the Kansas City area have secured spots on the prestigious Deloitte Technology Fast 500 list. This annual ranking celebrates the fastest-growing tech companies across North America, and it’s an impressive feat for these Kansas City gems. The spotlight is on Vytelle LLC, based in Lenexa, and Spinal Simplicity LLC, hailing from Overland Park. Both companies have demonstrated remarkable growth from 2020 to 2023, solidifying their place among the top 500 innovative tech firms.
Spinal Simplicity: Revolutionizing Spinal Care
Let’s dive into Spinal Simplicity first. This life sciences company has made waves in the medical devices sector, landing at an impressive 190th place on the Fast 500 list. The company has achieved an astounding 616% revenue growth over the last three years. Under the leadership of CEO and co-founder Todd Moseley, Spinal Simplicity specializes in developing minimally invasive spinal technologies. They are particularly known for their innovative Minuteman implantable spinal device, which targets degenerative disk disease, making surgeries easier and recovery faster for patients.
What’s fueled this rapid ascent? A significant part includes attracting venture capital funding, which saw Spinal Simplicity raise a whopping $10.8 million in 2022. With around 55 employees in Overland Park, this company is not just growing in numbers but is genuinely making a difference in the healthcare field.
Vytelle: Transforming Livestock Management
Moving on to Vytelle, which has secured the 392nd position on the Fast 500 list with an impressive 278% revenue growth. Vytelle is making headlines with its advanced use of in vitro fertilization and an innovative artificial intelligence platform to enhance the value of livestock herds. The company, led by CEO Kerryann Kocher, focuses on providing cutting-edge solutions that benefit farmers and livestock producers alike.
Vytelle is not only growing locally; it’s expanding internationally as well! Just this year, they raised $20 million in a Series B round, building on the momentum from their previous $13.2 million Series A round in 2021. Their revenue shot from $17.9 million in 2022 to an impressive $27.2 million in 2023. With a workforce of about 134 employees, roughly 10% of whom are based in Kansas, Vytelle is a vibrant contributor to the local job market.
A Truly Remarkable Achievement
In the past four years, both companies have not only focused on growth but have also made a positive impact in their respective fields. Vytelle, for instance, opened its 21st lab space in Melbourne, Australia, this May, marking its third facility in the country. These companies are not just achieving financial success; they are also providing new opportunities in healthcare and agriculture.
Being featured on the Deloitte Technology Fast 500 list is no small feat and signifies a bright future ahead. As both Vytelle and Spinal Simplicity continue to innovate and grow, they remind us of how Kansas City is a thriving hub for technological advancement and entrepreneurial spirit.
So here’s to Kansas City—where local innovation leads to national recognition and groundbreaking advancements in technology and life sciences!
