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   -   Mar 10, 2022 Sorenson Ventures Raises $150 Million for Second Fund
Sorenson Ventures Raises $150 Million for Second Fund

Today Sorenson Ventures (Salt Lake City) announced it has raised $150 million for its second fund, Sorenson Ventures II. The raise was oversubscribed and reached its intended hard cap of $150 million. The new fund includes limited partners from foundations, endowments, fund of funds, a reinsurance company, a pension fund,

Money   -   Mar 08, 2022 CoFi Announces $7 Million Seed Financing
CoFi Announces $7 Million Seed Financing

Today CoFi announced it has raised $7 million in seed funding as it seeks to transform the construction financing experience for all stakeholders in the construction industry.  The round was led by Blackhorn Ventures (Boulder, CO), Metaprop (New York) and Tenacity Venture Capital (Atherton, CA). It allows CoFi to process

Eden Tech Raises over $750K in Seed Financing
Money   -   Mar 22, 2022 Eden Tech Raises over $750K in Seed Financing

As demand for potable water skyrockets in arid regions across the globe, desalination—the process of converting salt water into fresh water—is becoming an increasingly attractive solution.    Former Dixie State University student, Hunter Manz, envisioned a novel solution to the problem of current high cost and inefficiency of industrial

by Connor Holland
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Money   -   Mar 22, 2022 Eden Tech Raises over $750K in Seed Financing
Eden Tech Raises over $750K in Seed Financing

As demand for potable water skyrockets in arid regions across the globe, desalination—the process of converting salt water into fresh water—is becoming an increasingly attractive solution.    Former Dixie State University student, Hunter Manz, envisioned a novel solution to the problem of current high cost and inefficiency of industrial

by Connor Holland
Money   -   Mar 10, 2022 Sorenson Ventures Raises $150 Million for Second Fund
Sorenson Ventures Raises $150 Million for Second Fund

Today Sorenson Ventures (Salt Lake City) announced it has raised $150 million for its second fund, Sorenson Ventures II. The raise was oversubscribed and reached its intended hard cap of $150 million. The new fund includes limited partners from foundations, endowments, fund of funds, a reinsurance company, a pension fund,

by Mark Tullis
Money   -   Mar 08, 2022 CoFi Announces $7 Million Seed Financing
CoFi Announces $7 Million Seed Financing

Today CoFi announced it has raised $7 million in seed funding as it seeks to transform the construction financing experience for all stakeholders in the construction industry.  The round was led by Blackhorn Ventures (Boulder, CO), Metaprop (New York) and Tenacity Venture Capital (Atherton, CA). It allows CoFi to process

by Mark Tullis
Money   -   Mar 08, 2022 Dónde Raises $3.3 Million Seed Round
Dónde Raises $3.3 Million Seed Round

Dónde, the travel as a work benefit startup in Salt Lake City, has announced a $3.3 million Seed round with Kickstart Fund leading, along with Next Frontier Capital of Bozeman Montana, Jeremy Andrus (CEO at Traeger Pellet Grills), Aaron Skonnard (co-founder and CEO at Pluralsight), and a syndicate of

by Austin Craig
Money   -   Mar 06, 2022 Atomic Raises $40 Million Series B
Atomic Raises $40 Million Series B

Atomic FI, a Salt Lake City based financial services firm that facilitates payroll information in real time, has raised a “pre-emptive” $40 million Series B, the company announced on March 3, 2022. This latest round brings the total funding raised by the company at over $68 million. The $40 million

by Mark Tullis
Money   -   Feb 27, 2022 beatBread raises $34 Million Seed Round; Helps artists access capital
beatBread raises $34 Million Seed Round; Helps artists access capital

BeatBread is a pioneering music funding platform enabling artists to access growth capital, especially emerging artists, who might be less interested in paying the high legal costs associated with signing with a label. The company helps artists gain control of their careers and ownership of their music. Earlier this month

by Mark Tullis
Money   -   Feb 23, 2022 Ember Raises $17.4 Million Series A
Ember Raises $17.4 Million Series A

Ember, the Salt Lake City-based startup helping vacation home owners through concierge service, just announced a $17.4 million Series A round of financing led by legendary VC Peter Thiel. Others joining the round include Pando Ventures of Salt Lake City, prior investors Todd Pedersen of Vivint, and Progressive Leasing

by Austin Craig
Money   -   Feb 22, 2022 Soon Joins Y Combinator With $500k Investment from SV Accelerator
Soon Joins Y Combinator With $500k Investment from SV Accelerator

Salt Lake City consumer fintech startup Soon was accepted to the world’s premier startup accelerator, Y Combinator, to participate for the Winter 2022 cohort, happening now. Soon also received a $500k investment from the storied Silicon Valley accelerator. “Here's the truth — any startup that’s anybody in

by Austin Craig
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