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Firm from St. Louis is among SixThirty investments

Firm from St. Louis is among SixThirty investments

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Finance-related technology startups from St. Louis, Kansas City, Nashville and Melbourne, Australia, are the latest companies to participate in the SixThirty accelerator program.

SixThirty partner Matt Menietti announced the program's second class of companies Tuesday. Each receives a $100,000 investment and 16 weeks of mentoring at the T-Rex building downtown. They'll also receive introductions to larger financial services companies based in St. Louis.

Gremln, which is already housed at T-Rex, is the first St. Louis company selected for SixThirty, which began operations last year. Gremln, founded by Ryan Bell, provides software to help financial companies manage their social media presence. It is a 2011 graduate of Capital Innovators, another St. Louis accelerator program.

Executives of the other companies will either move here for sixteen weeks or commute weekly from their home bases. The companies are:

  • FormZapper, based in Kansas City, which provides a secure system that commercial lenders and attorneys can use to generate loan documents. It was founded in 2012 by Andy Kallenbach, one of the first tenant of Kansas City's Startup Village.
  • PromisePay, based in Australia, which provides an escrow payment system for online marketplaces. Co-founder Simon Jones said four employees -- essentially the whole company -- have moved here for the program.
  • WealthAccess, of Nashville, which provides financial information software for investment advisers. Chief Executive David Benskin said the three-year-old business has 15 employees.

SixThirty's first group of companies, which completed the program in January, came from New York, San Francisco and Edinburgh, Scotland. At least one of those companies, Upside, has opened a permanent office here.

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