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eFactory
Rachel Munday leads eFactory, the Missouri State University startup center investing early-stage capital alongside an accelerator in Springfield, MO.
eFactory
efactory in Downtown Springfield provides the resources your business needs to be successful. Workspaces, business training, mentorships, SBDC resources & more!
General information
Firm type
Generalist
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Springfield
Corporate office
405 N. Jefferson Ave, Springfield, MO 65806, United States
Additional offices
305 W. Mill St., Springfield, MO 65806 · 35 College St., Camdenton, MO 65020 · 395 E. Broadway St., West Plains, MO 65775 · 1110 E. Madison St., Springfield, MO 65897
Principals
Rachel Munday
Executive Director
Sector focus
Frequently asked questions
Is eFactory a venture capital fund or a university program?
It functions as both. eFactory is a department of Missouri State University that houses the eFactory Seed Capital Fund, making direct early-stage investments. It simultaneously runs a business accelerator, co-working space, and the regional Small Business Development Center, using a university-anchored model to identify and support startups.
Who makes the investment decisions at eFactory?
The specific investment committee structure is not publicly detailed. Rachel Munday is the Executive Director and leads the center's overall operations, but the process for deploying the Seed Capital Fund is not disclosed on the firm's website or in available records.
Does eFactory co-invest with other regional funds?
Yes. eFactory partners with Codefi on the Innovate SOMO network and has co-investor relationships with organizations like CoxHealth for startup pilot programs. Funding from the Missouri Technology Corporation also underscores a broader network of public and private capital supporting participants.
Which sectors does eFactory typically target?
The center's programs are designed to support software, healthcare services, and general small-business manufacturing across southwest Missouri. Its partnership with CoxHealth indicates a specific focus on health-service innovation, while its SBDC ties point to a broad manufacturing and service-sector base.
How does eFactory source its deal flow?
Deal flow originates primarily through the university ecosystem — including faculty research and student startups — and the Missouri SBDC's small-business client network. Partnerships with Codefi and the Springfield Chamber of Commerce further widen the pipeline to regional entrepreneurs.
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