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   -   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

Money   -   Apr 20, 2021 Gabb Wireless Raises $14M Series A Funding
Gabb Wireless Raises $14M Series A Funding

Gabb Wireless announced this week it has closed a $14 million round of funding. This Series A was led by Sandlot Partners and New Orleans Saints quarterback, Taysom Hill. “We’re excited to announce our partnership with Sandlot Partners and Taysom Hill, who share our passion to drive impact and

Bill.com to Acquire Divvy for $2.5 Billion
Money   -   May 05, 2021 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
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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
Money   -   Apr 20, 2021 Gabb Wireless Raises $14M Series A Funding
Gabb Wireless Raises $14M Series A Funding

Gabb Wireless announced this week it has closed a $14 million round of funding. This Series A was led by Sandlot Partners and New Orleans Saints quarterback, Taysom Hill. “We’re excited to announce our partnership with Sandlot Partners and Taysom Hill, who share our passion to drive impact and

by Austin Craig
Money   -   Apr 13, 2021 Degreed Raises $153M Series D, Valued At $1.4B
Degreed Raises $153M Series D, Valued At $1.4B

Degreed, the software platform for training and upskilling employees, has raised $153 million in Series D funding. The round was co-led by Sapphire Ventures of Palo Alto and Riverwood Capital of Menlo Park California. The round is joined by previous Utah investor Signal Peak Ventures, along with Owl Ventures, GSV

by Austin Craig
Tech News   -   Mar 31, 2021 Soon Raises $900K, Selected for TechCrunch Pitch-Off
Soon Raises $900K, Selected for TechCrunch Pitch-Off

On Friday April 2nd 2021, TechCrunch will host their annual Early Stage Pitch-Off, “featuring 10 exceptional early-stage startups,” according to the TechCrunch site. From the hundreds of applicants, one Salt Lake City startup made the cut. Soon is a fintech app that allows users to passively invest in a range

by Austin Craig
Money   -   Mar 30, 2021 Dónde, Travel-as-a-Benefit Startup, Raises $1.3M
Dónde, Travel-as-a-Benefit Startup, Raises $1.3M

Dónde, the travel-as-a-work-benefit startup based in Salt Lake City, has raised a $1.3 million dollar pre-seed round of funding. The round is led by Jeremy Andrus, CEO of Traeger Grills, and Tamarak, the venture-focused multi-family office based in Springville Utah. Multiple other angel investors joined the round as well.

by Austin Craig
Money   -   Mar 29, 2021 Droplet Raises $2 Million Seed Round
Droplet Raises $2 Million Seed Round

Droplet, the Lehi-based startup providing digital forms and automated workflows, has raised $2 million in their first seed round. The funding comes from Pelion Venture Partners and Precedent, with partners Josh James of Domo, Todd Pedersen of Vivint, Ryan Smith of Qualtrics, and Jeff Kearl formerly of Stance. Cofounder and

by Austin Craig
Money   -   Mar 28, 2021 Yoodlize Launches Equity Crowdfunding
Yoodlize Launches Equity Crowdfunding

Yoodlize, the peer-to-peer rental platform, is raising money through an open round of equity crowdfunding. To this point, the Provo-based startup has raised $200,000 from Angel investors. This round of equity crowdfunding has already raised $150,000 with the goal of raising $500,000 within two months.   “Yoodlize is

by Preston Edgin
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