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.)
GuideCX, based in Draper, announced today it has completed a $10 million Series A round of financing. The round is led by Sorenson Ventures, with previous investors Album VC and Prelude joining (Prelude is Mercato Partners’ venture fund). The round also has new investment from Epic Ventures and Orchard Ventures,
Degree Insurance, a startup located in the Kiln co-working space in Lehi, is on a path to disrupt two of the largest industries in the economy—higher education and insurance—with a fundamentally new insurance product guaranteeing people will make more money with a college degree than without one.
Higher
Mastercard announced yesterday that the Justice Department has cleared their acquisition of Salt Lake City-based Finicity for $825 million. The acquisition was first announced on June 23. With regulatory hurdles behind them, Mastercard and Finicity will finalize in the next few days, according to Finicity co-founder and CEO Steven Smith.
Mastercard announced yesterday that the Justice Department has cleared their acquisition of Salt Lake City-based Finicity for $825 million. The acquisition was first announced on June 23. With regulatory hurdles behind them, Mastercard and Finicity will finalize in the next few days, according to Finicity co-founder and CEO Steven Smith.
GuideCX, based in Draper, announced today it has completed a $10 million Series A round of financing. The round is led by Sorenson Ventures, with previous investors Album VC and Prelude joining (Prelude is Mercato Partners’ venture fund). The round also has new investment from Epic Ventures and Orchard Ventures,
Degree Insurance, a startup located in the Kiln co-working space in Lehi, is on a path to disrupt two of the largest industries in the economy—higher education and insurance—with a fundamentally new insurance product guaranteeing people will make more money with a college degree than without one.
Higher
Multiple Intermediate Clinical Trials Underway in Japan and the US.
Low back pain is a pervasive human condition affecting millions of people across the globe causing untold suffering. Salt Lake City biopharmaceutical technology company, DiscGenics, Inc., is tackling the problem through a novel regenerative cell-based therapy that it calls Injectable
Bond Financial Technologies, Inc. recently closed $32 million in Series A financing with the round led by Coatue, a New York-based tech-focused hedge fund, and new investors Goldman Sachs, Mastercard, and B Capital. Bond, with offices in San Francisco and Salt Lake City, is now a part of Utah’s
Petersen Ventures has closed their third fund at $65 million focusing on seed and pre-seed companies. Peterson Ventures carves out at least 40%-50% of their fund for Utah start-ups, continuing their vast investment in the state over the past decade.
Peterson Ventures has quietly been a very active investor
SaltStack to be Acquired by VMWare
Today VMWare announced their intention to acquire SaltStack for an undisclosed amount. SaltStack is an automation tool built on Salt, an open-source language that was invented in 2011 by founder Thomas Hatch of Centerville, Utah. Salt is a popular tool for many software engineers
Pando Ventures Makes Its First Investment
2020 has been a good year for Salt Lake City-based Pando Ventures. The new venture capital firm just closed its first deal, Fetch Package Inc., a rapidly growing startup which bodes well for Utah’s newest VC. Pando Ventures was started in January 2020
