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Money   -   Jul 06, 2021 Skill Struck Raises $1.3 Million, Releases First Equity Report
Skill Struck Raises $1.3 Million, Releases First Equity Report

Skill Struck, a Utah EdTech startup in Provo providing accessible computer science coursework for students and teachers in grades K-12, recently released its first equity report. The report comes amid Skill Struck’s rapid expansion after closing a new round of funding in which they raised $1.3 million, with

by Mark Tullis
Money   -   Jun 30, 2021 Lucid Raises $500M+, Valued at $3 Billion
Lucid Raises $500M+, Valued at $3 Billion

On June 24, 2021, Lucid received $500M+ in a secondary investment round. Investors included Alkeon Capital, Tiger Global Management, and STEADFAST Venture Capital (all from New York City). The South Jordan-based company is now valued at $3 billion.  Lucid has had seven funding rounds since 2011, accumulating $670.5 million

by Mattea Gygi
Tech News   -   Jun 30, 2021 Pestie: Delivering the Best of Pro and DIY Pest Control
Pestie: Delivering the Best of Pro and DIY Pest Control

Earwigs. Spiders. Ants. When it comes to getting rid of summertime pests, what’s the solution? Buying over-the-counter pesticides at the local home improvement store to DIY, or hiring a professional exterminator to squash the problem? A Utah startup is aiming to bring together the best of both worlds.  “We

by Brian Rodriguez
Tech News   -   Jun 29, 2021 New Venture Fund in Utah: SkyLab Ventures
New Venture Fund in Utah: SkyLab Ventures

SkyLab Ventures makes its debut in Utah with its $30 million Fund I. The new Murray-based venture fund focuses on early-stage investments in direct-to-consumer, e-commerce and SaaS-based startups. The firm was founded in October 2020 by Jesse Silva and Bensen Metcalf. Both are general partners and have extensive networks and

by Gabby Davis
Money   -   Jun 28, 2021 Canopy Raises $11M in New Funding
Canopy Raises $11M in New Funding

Canopy, the Lehi-based maker of professional tax and accounting workflow management software, announced it has received $11 million in a Series AA round. The round includes new investor Ankona Capital of Newport Beach California, as well as existing investors Pelion Venture Partners of Salt Lake City, NewView Capital and Tenaya

by Austin Craig
Skill Struck Raises $1.3 Million, Releases First Equity Report
Money   -   Jul 06, 2021 Skill Struck Raises $1.3 Million, Releases First Equity Report

Skill Struck, a Utah EdTech startup in Provo providing accessible computer science coursework for students and teachers in grades K-12, recently released its first equity report. The report comes amid Skill Struck’s rapid expansion after closing a new round of funding in which they raised $1.3 million, with

by Mark Tullis
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Money   -   Jul 06, 2021 Skill Struck Raises $1.3 Million, Releases First Equity Report
Skill Struck Raises $1.3 Million, Releases First Equity Report

Skill Struck, a Utah EdTech startup in Provo providing accessible computer science coursework for students and teachers in grades K-12, recently released its first equity report. The report comes amid Skill Struck’s rapid expansion after closing a new round of funding in which they raised $1.3 million, with

by Mark Tullis
Money   -   Jul 05, 2021 BookClub Raises $20M Series A
BookClub Raises $20M Series A

BookClub, a startup based in Salt Lake City, Utah, announced in June it had raised $20 million in a Series A round. Investors include Signal Peak Ventures leading with Pelion Venture Partners (both of Salt Lake City), along with Maveron, GSV Ventures, and Backstage Capital (all from California). Otis Chandler,

by Mattea Gygi
Jul 02, 2021 Buzzworthy - July 3, 2021
Buzzworthy - July 3, 2021

MX-OurBanc Mobile Banking Partnership On July 1, 2021, Lehi, Utah-based MX announced its partnership with OurBanc, an online and mobile banking app that offers personalized financial alerts. The newly launched app gives users the ability to view, manage, move, and grow their money to improve their financial health.  OurBanc is

by Mark Tullis
Money   -   Jul 01, 2021 ShopHero acquired by Dot Foods
ShopHero acquired by Dot Foods

ShopHero, a software platform providing white-labeled grocery e-commerce services to small grocery businesses, was acquired by Dot Foods for an undisclosed amount in June. CEO, CTO, and co-founder of ShopHero Matt Garner and most of his team will continue to build ShopHero as part of Dot Foods. “We’re going

by Mattea Gygi
Money   -   Jun 30, 2021 Lucid Raises $500M+, Valued at $3 Billion
Lucid Raises $500M+, Valued at $3 Billion

On June 24, 2021, Lucid received $500M+ in a secondary investment round. Investors included Alkeon Capital, Tiger Global Management, and STEADFAST Venture Capital (all from New York City). The South Jordan-based company is now valued at $3 billion.  Lucid has had seven funding rounds since 2011, accumulating $670.5 million

by Mattea Gygi
Tech News   -   Jun 30, 2021 Pestie: Delivering the Best of Pro and DIY Pest Control
Pestie: Delivering the Best of Pro and DIY Pest Control

Earwigs. Spiders. Ants. When it comes to getting rid of summertime pests, what’s the solution? Buying over-the-counter pesticides at the local home improvement store to DIY, or hiring a professional exterminator to squash the problem? A Utah startup is aiming to bring together the best of both worlds.  “We

by Brian Rodriguez
Tech News   -   Jun 29, 2021 New Venture Fund in Utah: SkyLab Ventures
New Venture Fund in Utah: SkyLab Ventures

SkyLab Ventures makes its debut in Utah with its $30 million Fund I. The new Murray-based venture fund focuses on early-stage investments in direct-to-consumer, e-commerce and SaaS-based startups. The firm was founded in October 2020 by Jesse Silva and Bensen Metcalf. Both are general partners and have extensive networks and

by Gabby Davis
Money   -   Jun 28, 2021 Canopy Raises $11M in New Funding
Canopy Raises $11M in New Funding

Canopy, the Lehi-based maker of professional tax and accounting workflow management software, announced it has received $11 million in a Series AA round. The round includes new investor Ankona Capital of Newport Beach California, as well as existing investors Pelion Venture Partners of Salt Lake City, NewView Capital and Tenaya

by Austin Craig
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