25 St. Louis Startups Raised at Least $1M in 2015

Hereโ€™s a recap of STL startup news this week.

STL Startup Growth

Twenty-five St. Louis startups raised at least $1 million dollars in 2015, according to the ITEN Tech Startup Report.

The annual report also showed that full-time employment at tech startups increased by 36 percent last year to 1,461 full-time positions in 2015 from 1,073 full-time employees in 2014. ITEN, a St. Louis-based entrepreneurial support organization, named Francis Chmelir as its new executive director in January.

CEOs-for-Hire

St. Louis-based Capital Innovators announced a new platform this week that allows startups to hire chief executives for part-time work. Under the program, called Triumph C-Suite Solutions, companies can hire CEOs, COOs, CFOs, CMOs and CTOs for as little as one day a week at a rate of $50 to $100 per hour.

Recently, Capital Innovators has been ranked among the best startup accelerators in the country. Last month, the company announced a partnership with marketing services company Maritz and a move into theย @4240 building in the CORTEX district.

The Next Generation of Hackers

GlobalHack launched a new program for St. Louis-area middle and high school students interested in computer programing. The Youth Hackathon League is will host competitions between school-sponsored coding teams.

The program will also provide after-school coding clubs and will lead field trips to area startup companies and co-working spaces. The program is GlobalHackโ€™s first expansion into youth education. The director of the program, Michael Palmer founded Code Red Education, which won an Arch Grant in 2013.

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