Beta Boom, a Utah-based pre-seed and seed stage venture capital firm founded by Managing Partners Kimmy and Sergio Paluch, has closed a $14.5 million Fund II. The fund's Limited Partners include Ally Bank (Detroit), Pivotal Ventures (Seattle, a Melinda French Gates Company), Bank of America (Charlotte), and

Utah Innovation Fund, a state-backed venture capital fund located in the Thomas S. Monson Center in downtown Salt Lake City, has announced three investments collectively amounting to $700,000, all of which are in Life Sciences startups. 3Helix, Rebel Medicine, and Inherent Biosciences were recently awarded a collective $700K in

JobNimbus, a roofing software company based in Lehi, Utah announces today it has acquired SumoQuote, an award-winning estimating and proposal solution for contractors headquartered in Calgary, Canada.  Terms of the acquisition were not disclosed. It closed on December 20, 2023 and was announced today. Vista Point Advisors, a San Francisco-based

Altitude Lab today announced that its incubating startups have raised over $120M in early-stage funding since commencing operations in 2020. Altitude Lab was founded by Recursion to support burgeoning startups and underrepresented entrepreneurs in Utah with fully equipped laboratories, a network of investors, business operations education, and a community of

Tech entrepreneur Ryan Westwood and his co-founders are embarking on their next venture: to push the revenue operations (RevOps) industry forward with a $34 million seed round and acquisition of RevOps software platform Fullcast. Headquartered in Salt Lake City, Fullcast is an end-to-end RevOps platform allowing companies to design, manage

Savi (Bountiful, UT) announced a $12M Series A funding round led by Next Coast Ventures, with participation from Rock Creek Capital and existing investors. Savi has enjoyed rapid growth and strong customer demand for its true cloud video solution that not only meets the increasing demands of security and loss

Today Tandem Ventures, a venture capital firm based in Draper, Utah primarily investing in Utah-based technology companies, announced a $20 million first close of its debut $30 million early-stage venture fund. Tandem invests at the pre-seed, seed and series A stages. It is industry-agnostic and puts a big emphasis on

Today Crew announced the launch of their family focused banking experience and a $2.5 million pre-seed investment led by Kickstart Seed Fund (Salt Lake City). Pelion (Salt Lake City), Sepio (Alamo, CA), Signal Peak Ventures (Salt Lake City), Convoi Ventures (Orem, UT), Spacestation (Layton, UT), Influence Ventures (Salt Lake