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   -   Feb 01, 2022 eLearning Brothers Raises $54 Million
eLearning Brothers Raises $54 Million

Today eLearning Brothers (eLB), an eLearning solutions company in American Fork, announced it has raised a $54 million investment from RLG Capital (Park City, Utah) and Trinity Investors, (previously Trinity Private Equity Group), based in the Dallas area. The funding has enabled the American Fork-based learning solutions company to acquire

Money   -   Jan 25, 2022 DataBased Raises $3 Million Seed Round; Company Valued at $40 Million
DataBased Raises $3 Million Seed Round; Company Valued at $40 Million

DataBased (Lehi), a CRM-compatible sales performance management platform, raised a $3 Million seed round at the end of November 2021. Investors in this round include Sumeet Gajri, Managing Partner at Original Capital, a VC firm in San Francisco; John D'Agostino, a Utah-based angel investor and former Qualtrics global

GuideCX Raises a $25 Million Series B Round; Plans to Launch Over 100 Integrated Partners
Money   -   Feb 02, 2022 GuideCX Raises a $25 Million Series B Round; Plans to Launch Over 100 Integrated Partners

Today, GuideCX, based in Draper, announced their $25 million Series B round. The round was led by Meritech Capital Partners of San Francisco, with participation from many returning Utah VCs including Album VC, Prelude, Sorenson Capital, Epic Ventures, and Orchard Ventures.  “Meritech Capital has backed Data Dog, Facebook, Looker, and

by Mattea Gygi
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Money   -   Feb 02, 2022 GuideCX Raises a $25 Million Series B Round; Plans to Launch Over 100 Integrated Partners
GuideCX Raises a $25 Million Series B Round; Plans to Launch Over 100 Integrated Partners

Today, GuideCX, based in Draper, announced their $25 million Series B round. The round was led by Meritech Capital Partners of San Francisco, with participation from many returning Utah VCs including Album VC, Prelude, Sorenson Capital, Epic Ventures, and Orchard Ventures.  “Meritech Capital has backed Data Dog, Facebook, Looker, and

by Mattea Gygi
Money   -   Feb 01, 2022 eLearning Brothers Raises $54 Million
eLearning Brothers Raises $54 Million

Today eLearning Brothers (eLB), an eLearning solutions company in American Fork, announced it has raised a $54 million investment from RLG Capital (Park City, Utah) and Trinity Investors, (previously Trinity Private Equity Group), based in the Dallas area. The funding has enabled the American Fork-based learning solutions company to acquire

by Mark Tullis
Money   -   Jan 25, 2022 DataBased Raises $3 Million Seed Round; Company Valued at $40 Million
DataBased Raises $3 Million Seed Round; Company Valued at $40 Million

DataBased (Lehi), a CRM-compatible sales performance management platform, raised a $3 Million seed round at the end of November 2021. Investors in this round include Sumeet Gajri, Managing Partner at Original Capital, a VC firm in San Francisco; John D'Agostino, a Utah-based angel investor and former Qualtrics global

by Mattea Gygi
Money   -   Jan 24, 2022 Pickle Raises a $2.4 Million Seed Round
Pickle Raises a $2.4 Million Seed Round

Today, Pickle announced its $2.4 million seed funding round. Investors include Peak Capital (Provo), Tamarak Capital (Springville, UT), Panoramic Ventures (Atlanta)  and Y Combinator (Mountain View, CA). Angel investors include Todd Pedersen (Vivint) and Alex Dunn (ENPC).  Co-founded by Birch Eve and Kaumana Rindlisbacher, Pickle uses artificial intelligence to

by Mattea Gygi
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
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