Third Thursday's July pitch event in Lehi featured four founders — Altruvia, Definitive TNF, Parlay, and Pingora — presenting to investors, with founder Ray Smithson joining remotely and Vanessa Perez hosting in his place.
by Mark Tullis
Domo's board unanimously approved a $400 million asset sale to Progress Software, ending months of financial distress. Domo will retain over $900 million in tax loss carryforwards and continue as a separate public company under a new name.
Ryan Smith's Utah-based Halo Fund has led a $70 million investment in fintech Flex (San Francisco), highlighting Utah's growing venture capital influence while backing AI-powered private banking for entrepreneurs worldwide.
At its third meeting, Utah's Quantum Roundtable moved from discussion to an actual draft strategic plan — named seven pillars, funding estimates, and a roadmap to 2032.