Today Sorenson Ventures (Salt Lake City) announced it has raised $150 million for its second fund, Sorenson Ventures II. The raise was oversubscribed and reached its intended hard cap of $150 million. The new fund includes limited partners from foundations, endowments, fund of funds, a reinsurance company, a pension fund,

SafeMoon has become one of the fastest growing crypto companies and communities, according to CEO and Founder, John Karony. The cryptocurrency was created on the Binance Smart chain blockchain. The SafeMoon Protocol V2 is a community-focused DeFi token with four main functions: reflection, LP acquisition, burn, and savings and future

Dónde, the travel as a work benefit startup in Salt Lake City, has announced a $3.3 million Seed round with Kickstart Fund leading, along with Next Frontier Capital of Bozeman Montana, Jeremy Andrus (CEO at Traeger Pellet Grills), Aaron Skonnard (co-founder and CEO at Pluralsight), and a syndicate of

Today CoFi announced it has raised $7 million in seed funding as it seeks to transform the construction financing experience for all stakeholders in the construction industry.  The round was led by Blackhorn Ventures (Boulder, CO), Metaprop (New York) and Tenacity Venture Capital (Atherton, CA). It allows CoFi to process

Today Pleasant Grove, UT-based Whistic, along with founding tech companies—Okta, Airbnb, Zendesk, Asana, Atlassian, Snap, Notion, TripActions, and G2—announce the formation of the Security First Initiative. This coalition pledges "to put security first by proactively sharing security information with customers using a Whistic Profile," say the

Atomic FI, a Salt Lake City based financial services firm that facilitates payroll information in real time, has raised a “pre-emptive” $40 million Series B, the company announced on March 3, 2022. This latest round brings the total funding raised by the company at over $68 million. The $40 million

SheTech Explorer Day Brings Together 1,700 Utah High School Girls  On March 1, 2022, 1,700 high school girls from over 150 Utah high schools came together to participate in the 2022 SheTech Explorer Day. The all-day event provided the STEM-oriented girls with hands-on technology experiences from over 50

It’s been a full week since Russian forces rolled into Ukraine. With the images and stories of Ukrainian citizens fleeing and a much smaller military showing strength against the larger Russian military, many in the Utah tech community are asking how they can help the Ukrainian people. Austin Walters