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 27, 2021 Qualtrics Surges to $21.8 Billion Valuation After IPO
Qualtrics Surges to $21.8 Billion Valuation After IPO

Qualtrics made history today with Utah’s biggest IPO ever. The company raised $1.55 Billion in its first day of trading as a public company, far exceeding past Utah IPOs. The company sold approximately 51.7 million shares of XM. Shares were priced at $30. With over 511 million

Money   -   Jan 25, 2021 Metasource Acquires Digiscribe
Metasource Acquires Digiscribe

MetaSource, LLC, with corporate offices in Draper Utah, recently announced their acquisition of Digiscribe, a similar business on the East-coast. The acquisition price wasn’t announced. MetaSource offers various services in enterprise automation and document digitization to help businesses with their complex back office workflows.  “We help other organizations manage

“AI Dungeon” Maker Latitude Raises $3.3 Million to Create Endless Gaming
Money   -   Feb 09, 2021 “AI Dungeon” Maker Latitude Raises $3.3 Million to Create Endless Gaming

Latitude, the Provo based software company behind AI Dungeon, announced it has raised $3.3 million in seed funding. The round is led by NFX Partners out of San Francisco, with Utah’s Album VC and Los Angeles based Griffin Gaming Partners also participating. This comes on the back of

by Austin Craig
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Money   -   Feb 09, 2021 “AI Dungeon” Maker Latitude Raises $3.3 Million to Create Endless Gaming
“AI Dungeon” Maker Latitude Raises $3.3 Million to Create Endless Gaming

Latitude, the Provo based software company behind AI Dungeon, announced it has raised $3.3 million in seed funding. The round is led by NFX Partners out of San Francisco, with Utah’s Album VC and Los Angeles based Griffin Gaming Partners also participating. This comes on the back of

by Austin Craig
Money   -   Jan 27, 2021 Qualtrics Surges to $21.8 Billion Valuation After IPO
Qualtrics Surges to $21.8 Billion Valuation After IPO

Qualtrics made history today with Utah’s biggest IPO ever. The company raised $1.55 Billion in its first day of trading as a public company, far exceeding past Utah IPOs. The company sold approximately 51.7 million shares of XM. Shares were priced at $30. With over 511 million

by Caden Judd
Money   -   Jan 25, 2021 Metasource Acquires Digiscribe
Metasource Acquires Digiscribe

MetaSource, LLC, with corporate offices in Draper Utah, recently announced their acquisition of Digiscribe, a similar business on the East-coast. The acquisition price wasn’t announced. MetaSource offers various services in enterprise automation and document digitization to help businesses with their complex back office workflows.  “We help other organizations manage

by Austin Craig
Money   -   Jan 14, 2021 SocialClimb Raises $12 Million
SocialClimb Raises $12 Million

About seven years ago, Ty Allen was involved in a serious accident that he initially thought would result in his being permanently disabled for the rest of his life. During what he thought was a friendly game of basketball, Allen found himself on the floor with no feeling from the

by Baylee Hite
Money   -   Jan 10, 2021 Beny Raises $1 Million Seed Round
Beny Raises $1 Million Seed Round

Beny raised $1 million seed investment from strategic investor, Magellan HCM. Will launch this month a SaaS platform giving employees choice and freedom over the benefits they want. "Benefits don’t benefit anymore; everyone’s got essentially the same plan," so says Chad Ingram, Founder and CEO of

by Mark Tullis
Money   -   Jan 05, 2021 SimpleNexus announces $108 Million in Series B Funding
SimpleNexus announces $108 Million in Series B Funding

Lehi-based SimpleNexus has announced $108 Million in its Series B Funding Round. The investment came from Insight Partners, based in New York, and included minority investor, TVC Capital, of San Diego. Research and Development are the main catalyst for the investment, said Matt Hansen, Founder and CEO of SimpleNexus. This

by Allison Korth
Money   -   Dec 28, 2020 Qualtrics Files IPO Papers—Company Set to Raise $14+ Billion in Early 2021
Qualtrics Files IPO Papers—Company Set to Raise $14+ Billion in Early 2021

Nearing the end of an already record-breaking year for Utah’s technology sector, yesterday Qualtrics filed its S-1 with the Securities and Exchange Commission (SEC), which would set the company's valuation on a fully diluted basis of between $12 billion and $14.4 billion—yet another Utah landmark.

by Mark Tullis
Money   -   Dec 21, 2020 Jane Raises a $40 Million Series A Investment
Jane Raises a $40 Million Series A Investment

Today, Jane, an online marketplace based in Lehi, announced it has raised $40 million in a Series A investment from Austin-based Tritium Partners. Jane is a boutique marketplace where customers, mostly women, can find high quality products—clothing, accessories, shoes and home decor—from a curated network of over 3,

by Mark Tullis
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