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   -   Jun 13, 2021 Elektrik Raises $1 Million Dollar Seed Round
Elektrik Raises $1 Million Dollar Seed Round

Elektrik, the “Amazon-style'' store-front for high voltage electrical supplies, raised a $1 million seed round from Album VC. The startup based in Orem, Utah connected with Lehi-based Album after completing the TechStars accelerator program in Fall 2020. Co-Founder and former technical sales rep Mario Dealba began working on

Money   -   Jun 09, 2021 Tula Health Raises $24.1 Million, Valuation Rises to $187 Million
Tula Health Raises $24.1 Million, Valuation Rises to $187 Million

Tula Health, with offices in Farmington and Ogden, Utah, recently raised $24.1 million in debt and equity financing from two venture firms, Springtide Ventures and Sandbox Capital Advisors. Springtide is a health tech venture firm based in Utah and Boston, and Sandbox Capital Advisors is based in Salt Lake

Cardagraph Raises Angel Round led by Jeff Burningham and Partners at Peak Capital
Money   -   Jun 15, 2021 Cardagraph Raises Angel Round led by Jeff Burningham and Partners at Peak Capital

On June 16, 2021, process analytics software provider Cardagraph announced it has raised a pre-seed round from prolific investor, Jeff Burningham, Founder of Peak Capital Partners and Peak Ventures. They have funded over 20 start-up teams since Burningham ran for Governor in Utah last year. Burningham and his partners at

by Mark Tullis
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Money   -   Jun 15, 2021 Cardagraph Raises Angel Round led by Jeff Burningham and Partners at Peak Capital
Cardagraph Raises Angel Round led by Jeff Burningham and Partners at Peak Capital

On June 16, 2021, process analytics software provider Cardagraph announced it has raised a pre-seed round from prolific investor, Jeff Burningham, Founder of Peak Capital Partners and Peak Ventures. They have funded over 20 start-up teams since Burningham ran for Governor in Utah last year. Burningham and his partners at

by Mark Tullis
Money   -   Jun 13, 2021 Elektrik Raises $1 Million Dollar Seed Round
Elektrik Raises $1 Million Dollar Seed Round

Elektrik, the “Amazon-style'' store-front for high voltage electrical supplies, raised a $1 million seed round from Album VC. The startup based in Orem, Utah connected with Lehi-based Album after completing the TechStars accelerator program in Fall 2020. Co-Founder and former technical sales rep Mario Dealba began working on

by Olivia Liu
Money   -   Jun 09, 2021 Tula Health Raises $24.1 Million, Valuation Rises to $187 Million
Tula Health Raises $24.1 Million, Valuation Rises to $187 Million

Tula Health, with offices in Farmington and Ogden, Utah, recently raised $24.1 million in debt and equity financing from two venture firms, Springtide Ventures and Sandbox Capital Advisors. Springtide is a health tech venture firm based in Utah and Boston, and Sandbox Capital Advisors is based in Salt Lake

by Mattea Gygi
Money   -   Jun 07, 2021 Lucidpress Acquired, New CEO Takes Helm
Lucidpress Acquired, New CEO Takes Helm

Lucidpress of Salt Lake City has announced its acquisition by Charles Thayne Capital (CTC), a technology-focused private investment firm based in Chicago, Illinois. Details of the acquisition have not been disclosed. With the acquisition, Owen Fuller will take the helm as CEO after four years as General Manager at Lucidpress.

by Austin Craig
Money   -   May 31, 2021 Spiff Announces $46 Million Series B Investment
Spiff Announces $46 Million Series B Investment

Today Spiff announced it has raised a $46 million Series B investment from new and existing investors. Led by Lightspeed Venture Partners of Menlo Park, CA, the new round includes investments from Salesforce Ventures and Stripes, a Manhattan-based growth equity firm. This latest funding brings Spiff’s total funding to

by Mark Tullis
Money   -   May 17, 2021 Recyclops Announces $3 Million Seed Investment
Recyclops Announces $3 Million Seed Investment

Today Recyclops announces the closing of a $3 million seed investment led by Lerer Hippeau and The Clorox Company. Other key investors include Utah-based Kickstart and Revolution’s Rise of the Rest Seed Fund, part of AOL founder and prolific investor Steve Case's DC-based venture capital firm Revolution

by Mark Tullis
Money   -   May 05, 2021 Bill.com to Acquire Divvy for $2.5 Billion
Bill.com to Acquire Divvy for $2.5 Billion

Divvy, the Draper Utah based fintech startup helping employers manage company spending, is being acquired by Bill.com, the San Jose based leader in cloud-based software to automate back-office financial operations. The deal entails a stock and cash transaction valued at approximately $2.5 billion, and pending regulatory approval, should

by Austin Craig
Money   -   Apr 25, 2021 Recursion's IPO Generates $502 Million
Recursion's IPO Generates $502 Million

On April 20, 2021, Recursion Pharmaceuticals, Inc. of Salt Lake City announced the closing of its initial public offering of 27,878,787 shares of its Class A common stock at a price to the public at $18.00 per share, a price at the top end of its expected

by Mark Tullis
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