Mercato Announces Close of $100 Million Savory Fund II Salt Lake City investment firm, Mercato Partners, announced last week the closing of Savory II with $100 million. Savory is one of four funds managed by Mercato; it focuses on scaling restaurant brands, including local (and TechBuzz) favorites R&R,

Tula Health, with offices in Farmington and Ogden, Utah, recently raised $24.1 million in debt and equity financing from two venture firms, Springtide Ventures and Sandbox Capital Advisors. Springtide is a health tech venture firm based in Utah and Boston, and Sandbox Capital Advisors is based in Salt Lake

The rapid transition to remote learning during the Covid-19 pandemic has created an unexpected boom in the EdTech space. Several Utah-based EdTech startups have risen to prominence in their efforts to meet the higher demand for remote-learning tools. We recently sat down with Devlin Daley, co-founder

Lucidpress of Salt Lake City has announced its acquisition by Charles Thayne Capital (CTC), a technology-focused private investment firm based in Chicago, Illinois. Details of the acquisition have not been disclosed. With the acquisition, Owen Fuller will take the helm as CEO after four years as General Manager at

Chargeback Announces Acquisition by Sift Salt Lake City-based Chargeback, a producer a SaaS-based dispute management platform that helps merchants prevent and manage chargeback fraud, announced on May 25, 2021 an agreement to be acquired by Sift. Founded in 2011 in San Francisco, Sift produces software to detect and

Today The Active Consumer, a Salt Lake City-based startup, is launching an app to help make consumption sustainable. Founder and CEO Scott Fletcher created the app “Econus” to help offset the unintended consequences of consumption, like air pollution from a tank of gas or waste from your favorite to-

Educators, administrators, and students alike will be familiar with Instructure, the Salt Lake City-based education software company, and creator of the Canvas learning management system. One of the minds who worked extensively with Instructure, Dan Goldsmith, sat down with us to talk about his new endeavor, a startup called

Note: This is part 3 in a series on the Utah economy from TechBuzz contributor Eliza Pace. See part one here and part two here. When the Milken Institute issued its rankings of the “Best Performing Cities of 2021,” Utah, with pride, took three of the top ten positions. Provo