Announcement

Money

Articles in the "Money" category primarily relate to a funding announcement of some sort, typically from an institutional investor such as a venture capital firm, or from a family office, an angel investor, or any combination of private investors. These stories focus mainly on the funding details (who, when, how much, what it will be used for, etc.)

Money

Articles in the "Money" category primarily relate to a funding announcement of some sort, typically from an institutional investor such as a venture capital firm, or from a family office, an angel investor, or any combination of private investors. These stories focus mainly on the funding details (who, when, how much, what it will be used for, etc.)

Money   -   Jul 07, 2021 Entrata Raises $507M, Largest in UT History
Entrata Raises $507M, Largest in UT History

Above: Entrata leadership from left to right, Chase Harrington (COO & President), Adam Edmunds (CEO), and Dave Bateman (Cofounder, majority shareholder)  The largest private investment round in Utah history was announced yesterday. Entrata, a software company servicing the property management industry, raised $507 million in an unprecedented Series A. The

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

LoanPro Raises $100 Million
Money   -   Jul 08, 2021 LoanPro Raises $100 Million

LoanPro, a cloud-based loan software company based in Farmington, UT, announced on July 7, 2021 it has raised $100 Million in a Series A Investment. FTV Capital, a fintech investor from San Francisco, CA, was the sole investor.  CEO Rhett Roberts said the funding would go towards company growth, with

by Mattea Gygi
Latest Articles 309 Articles
Money   -   Jul 08, 2021 LoanPro Raises $100 Million
LoanPro Raises $100 Million

LoanPro, a cloud-based loan software company based in Farmington, UT, announced on July 7, 2021 it has raised $100 Million in a Series A Investment. FTV Capital, a fintech investor from San Francisco, CA, was the sole investor.  CEO Rhett Roberts said the funding would go towards company growth, with

by Mattea Gygi
Money   -   Jul 07, 2021 Entrata Raises $507M, Largest in UT History
Entrata Raises $507M, Largest in UT History

Above: Entrata leadership from left to right, Chase Harrington (COO & President), Adam Edmunds (CEO), and Dave Bateman (Cofounder, majority shareholder)  The largest private investment round in Utah history was announced yesterday. Entrata, a software company servicing the property management industry, raised $507 million in an unprecedented Series A. The

by Makayla Geddes
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
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
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
Money   -   Jun 22, 2021 Literal Leverages Social Media to Improve Literacy; Raises $1.2 Million
Literal Leverages Social Media to Improve Literacy; Raises $1.2 Million

Utah EdTech startups have benefited from an unexpected spike in demand for remote learning tools brought on by the COVID-19 pandemic. While most of these companies are focused on STEM education, a few are turning their sights to the Humanities.  We recently sat down with Michael Romrell and Lawton Smith,

by Kiel Shaub
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