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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.)
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.)
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,
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
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 HollandAs 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 HollandToday 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 TullisToday 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 TullisDónde, 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 CraigAtomic 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 TullisBeatBread 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 TullisEmber, 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 CraigSalt 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