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   -   Jan 16, 2022 Giddy Raises $8 Million to Take DeFi Mainstream
Giddy Raises $8 Million to Take DeFi Mainstream

Giddy has announced $8 million seed funding led by Pelion Venture Partners. Joining the round is a who’s who of Utah startup investing and entrepreneurship, including Blake Murray of Divvy, Jeremy Andrus of Treager, Davis Bell of Canopy, “Brand Whisperer” Shaun Neff, serial angel investor Scott Paul, real estate

Money   -   Jan 12, 2022 Journeyfront Raises a $13.4 Million Series A
Journeyfront Raises a $13.4 Million Series A

On Thanksgiving Day Journeyfront, an American Fork hiring software company, closed a $13.4 Million Series A investment round. The round was led by Elevation Capital (India and Salt Lake City), with participation from Orchard Ventures (Utah) and Connetic Ventures (Kentucky). Several individual investors also participated in the round: Brad

Route Raises a $200 Million Series B Round; Valued at $1.25 Billion
Money   -   Jan 20, 2022 Route Raises a $200 Million Series B Round; Valued at $1.25 Billion

The Lehi based product tracking software company, Route, has raised a $200 Million series B round, as reported by Forbes. The company is now valued at $1.25 billion and has raised a total of $339.5 million in institutional funding.  The round was led by an undisclosed London-based investment

by Mattea Gygi
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Money   -   Jan 20, 2022 Route Raises a $200 Million Series B Round; Valued at $1.25 Billion
Route Raises a $200 Million Series B Round; Valued at $1.25 Billion

The Lehi based product tracking software company, Route, has raised a $200 Million series B round, as reported by Forbes. The company is now valued at $1.25 billion and has raised a total of $339.5 million in institutional funding.  The round was led by an undisclosed London-based investment

by Mattea Gygi
Money   -   Jan 16, 2022 Giddy Raises $8 Million to Take DeFi Mainstream
Giddy Raises $8 Million to Take DeFi Mainstream

Giddy has announced $8 million seed funding led by Pelion Venture Partners. Joining the round is a who’s who of Utah startup investing and entrepreneurship, including Blake Murray of Divvy, Jeremy Andrus of Treager, Davis Bell of Canopy, “Brand Whisperer” Shaun Neff, serial angel investor Scott Paul, real estate

by Austin Craig
Money   -   Jan 12, 2022 Journeyfront Raises a $13.4 Million Series A
Journeyfront Raises a $13.4 Million Series A

On Thanksgiving Day Journeyfront, an American Fork hiring software company, closed a $13.4 Million Series A investment round. The round was led by Elevation Capital (India and Salt Lake City), with participation from Orchard Ventures (Utah) and Connetic Ventures (Kentucky). Several individual investors also participated in the round: Brad

by Mattea Gygi
Money   -   Jan 10, 2022 PassiveLogic Raises a $34 Million Series B to Redefine Autonomous Building Systems Technology
PassiveLogic Raises a $34 Million Series B to Redefine Autonomous Building Systems Technology

On January 11, 2022, PassiveLogic (Holladay, Utah) announced it has raised a $34 Million Series B round. The round was led by Addition (New York) and Keyframe Capital Partners. Other investors include RET Ventures (Park City), Era Ventures (New York), Brookfield Growth (Menlo Park); and A/O Prop Tech (London)

by Mark Tullis
Money   -   Jan 09, 2022 Forethought AI Raises $65 Million Series C for Customer Service AI Platform
Forethought AI Raises $65 Million Series C for Customer Service AI Platform

Forethought (San Francisco, with an office in Lehi, Utah) has raised a $65 million Series C round led by Steadfast Capital Management (New York City). The round was joined by existing investors including NEA (Chevy Chase, Maryland), Ashton Kutcher and Guy Oseary’s Sound Ventures (Beverly Hills), and K9 Ventures

by Amelia England
Money   -   Jan 05, 2022 Gigafund Leads $47 Million Investment in Angel Studios
Gigafund Leads $47 Million Investment in Angel Studios

Angel Studios (Provo) announced on January 5, 2021, it has raised $47 million in a financing round led by Gigafund (Austin) and Uncorrelated Ventures (San Francisco).  Gigafund may be best known for being one of the largest investors in SpaceX. It has also invested in innovative companies in energy, healthcare,

by Mark Tullis
Money   -   Dec 19, 2021 Tactic Raises $3 Million Seed for Multi-Platform Hybrid Office Solutions
Tactic Raises $3 Million Seed for Multi-Platform Hybrid Office Solutions

Lehi-based software startup Tactic recently closed a $3 million Seed round led by Peterson Ventures of Salt Lake City. The funds will be used to expand Tactic’s suite of multi-platform management solutions for the hybrid office, including new tools for office safety protocols and data monitoring in the post-pandemic

by Amelia England
Money   -   Dec 15, 2021 Lumio Raises $110 Million from White Oak and Fiera Comox
Lumio Raises $110 Million from White Oak and Fiera Comox

On December 14, 2021, Lumio announced it has raised a $110 million investment led by White Oak with participation by Fiera Comox. White Oak is a San Francisco-based private equity firm (with offices in several cities) specializing in high-growth companies focused on environmental conservation and social responsibility. Founded in 2016,

by Mark Tullis
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