Redo (Draper, UT) raises $81 million in Series B funding at a $1.25 billion valuation, led by Los Smash Capital and joined by Pelion and Cervin, to expand its AI-powered commerce platform internationally and deepen its post-purchase technology suite for direct-to-consumer brands.
Appli (Salt Lake City, UT) doubled its credit union partners to 20 and surpassed $2 billion in member calculations, reflecting accelerating adoption of AI-powered financial calculators that drive engagement, insights, and lending opportunities.
At StartFest 2026 in Draper, Utah, Traeger CEO Jeremy Andrus argued that AI makes execution cheap and leadership scarce — and that Utah's pioneer heritage, not Silicon Valley's transactional model, is the state's most durable competitive edge.
HITLAB's Innovation World Cup brought 1,277 applicants and a $96K prize pool to Utah Valley University. A retired Army officer's maternal health startup won the pitch competition. A team of builders took home the hackathon bounty.
Four speakers at StartFest 2026 in Draper, Utah, converged on a single theme: in the AI era, the differentiator is not the tool. It is the human — empathetic, prepared, and self-aware.
Scaling.com (Lehi, UT) published a national study of 1,000 business owners. It found that 59% mistake activity for growth, with founders themselves identified as the primary barrier to scaling.
HydroBlok’s direct-to-stud HB One Backer CI simplifies wall assemblies, reducing labor, curing time, and construction layers while improving straightness, insulation performance, jobsite efficiency, safety, and contractor workflow outcomes.
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