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   -   Oct 25, 2021 Udo Raises $20 Million, Launches Udo Care
Udo Raises $20 Million, Launches Udo Care

Today Udo announced initial funding of $20 million from a network of private investors, many of whom are associated with the healthcare industry. The Farmington, Utah-based privately-held startup also announced the official launch of its new video-based healthcare collaboration app. The initial funding will be used to scale the company’

Money   -   Oct 21, 2021 New Utah $200 Million SPAC Announced
New Utah $200 Million SPAC Announced

On Wednesday, the Worldwide Webb Acquisition Corp. announced it was pricing its initial public offering of 20,000,000 units at $10.00 per unit. The Special Purpose Acquisition Corporation (SPAC) is aiming to raise $200 million for the purposes of “effecting a merger, share exchange, asset acquisition, share purchase,

Brite Completes Y Combinator, Raises $1.5 Million from Elevation Capital
Money   -   Oct 25, 2021 Brite Completes Y Combinator, Raises $1.5 Million from Elevation Capital

Brite, a Salt Lake City-based software software startup, has raised $1.5 million in a seed funding round led by Elevation Capital. Several Utah and Bay Area angels also joined the raise. The company will use the funds to strengthen the software platform, hire talent, and drive sales and marketing.

by Austin Craig
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Money   -   Oct 25, 2021 Brite Completes Y Combinator, Raises $1.5 Million from Elevation Capital
Brite Completes Y Combinator, Raises $1.5 Million from Elevation Capital

Brite, a Salt Lake City-based software software startup, has raised $1.5 million in a seed funding round led by Elevation Capital. Several Utah and Bay Area angels also joined the raise. The company will use the funds to strengthen the software platform, hire talent, and drive sales and marketing.

by Austin Craig
Money   -   Oct 25, 2021 Udo Raises $20 Million, Launches Udo Care
Udo Raises $20 Million, Launches Udo Care

Today Udo announced initial funding of $20 million from a network of private investors, many of whom are associated with the healthcare industry. The Farmington, Utah-based privately-held startup also announced the official launch of its new video-based healthcare collaboration app. The initial funding will be used to scale the company’

by Mark Tullis
Money   -   Oct 21, 2021 New Utah $200 Million SPAC Announced
New Utah $200 Million SPAC Announced

On Wednesday, the Worldwide Webb Acquisition Corp. announced it was pricing its initial public offering of 20,000,000 units at $10.00 per unit. The Special Purpose Acquisition Corporation (SPAC) is aiming to raise $200 million for the purposes of “effecting a merger, share exchange, asset acquisition, share purchase,

by Austin Craig
Money   -   Oct 19, 2021 SponsorCX Raises Angel Round
SponsorCX Raises Angel Round

SponsorCX announced it has raised an Angel round of financing through Jeff Burningham and the other founders of Peak. With this investment, the company plans to expand its current property platform and launch new sponsorship management products. The investment comes nearly a year after the company launched its property platform

by Mark Tullis
Money   -   Oct 17, 2021 Volley Raises $5.5 Million Seed Round
Volley Raises $5.5 Million Seed Round

Volley announces today it has successfully raised a $5.5 million seed round led by Silicon Valley-based Shasta Ventures. Joining the raise is Peterson Ventures of Salt Lake City, along with angel investors Godard Abel (CEO of G2 Crowd), Todd Pedersen (CEO of Vivint), Austen Allred (CEO of Lambda School)

by Austin Craig
Money   -   Oct 13, 2021 Plena Data Raises $10 Million Series A
Plena Data Raises $10 Million Series A

Plena Data of American Fork, Utah announces today it has completed a Series A raise of $10 million led by Elevation Capital, based in Delhi, India, with new offices in Salt Lake City. The round also had participation from Lehi-based Album VC, who previously funded Plena Data with $1 million

by Austin Craig
Money   -   Oct 07, 2021 Blue Raven Solar Acquired by SunPower for $165 Million
Blue Raven Solar Acquired by SunPower for $165 Million

On October 5th, SunPower Corp. of San Jose California announced its acquisition of Blue Raven Solar of Orem. The acquisition was made for cash consideration of up to $165 million. Blue Raven CEO Ben Peterson will join SunPower's executive team, and the company expects to build upon Blue

by Austin Craig
Money   -   Oct 06, 2021 Gravwell Raises $3 Million Seed Funding
Gravwell Raises $3 Million Seed Funding

Today Gravwell announced it has raised a $3 million Seed round with Next Frontier Capital of Bozeman and Missoula, Kickstart Fund of Salt Lake City, and Revolution’s Rise of the Rest of Washington DC. The round builds on initial angel funding from Gula Tech Adventures of Maryland. Based in

by Mark Tullis
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