South Jordan, Utah, February 24, 2025

During a recent high-stakes gathering of Utah’s top VCs, founders, and investors, the room was buzzing with anticipation. Paul Ahlstrom kicked off the Founder 100 Reunion event with a bold question:

Which is the next Utah company to join the exclusive $1B+ tech unicorn club?

The Electric Atmosphere

Imagine a room filled with millionaires and a few billionaires—an environment charged with energy and high expectations. As Ahlstrom posed the question, a hush fell over the crowd. Eyes darted around as each investor hesitated to be the first to reveal their insider insights. The air was thick with excitement, and opinions began to fly.

Some companies appeared to have burst onto the scene overnight, capturing attention with rapid growth, while others have been quietly laying the groundwork for years, steadily building the foundation for monumental success. The diverse perspectives led to a dynamic, engaging discussion that truly showcased the innovative spirit of Utah’s tech ecosystem.

Paul Ahlstrom leading a discussion and capturing the crowd's suggestions as to which companies will become Utah's next unicorns

The Contenders

After an intense round of discussion and debate, the following list of companies emerged as the top contenders for Utah’s next tech unicorn. Presented here in no particular order, each of these companies brings its unique vision and potential to the table:

  • Pura: Bruno Lima / Richie Stapler
  • Fullcast: Ryan Westwood / Amy Osmond Cook, Ph.D.
  • Cotopaxi: Davis Smith
  • Atomic: Jordan Wright
  • Angel: Neal Harmon / Jeffrey Harmon
  • Alianza: Brian Beutler
  • Strider: Eric Levesque
  • Torus: Nate Walkingshaw / Gilbert Lee
  • Healthy Together: Jared Allgood / Jayson Ahlstrom
  • Job Nimbus: Ben Hodson
  • Halia: David Bearss, Ph.D.
  • Rebel Medicine: Brett Davis
  • Kenect: Shaun Sorensen
  • HeroDevs: Aaron Frost
  • Gabb: Nate Randle
  • Mixhers: Jess Toolson
  • Suralink: Evan Fitzpatrick
  • Consensus: Garin Hess / Doug Johnson

Utah’s Booming Tech Ecosystem

Utah’s tech scene is on fire—its momentum, talent, and relentless drive have positioned the state as a major player in the tech industry. This vibrant ecosystem is characterized by its willingness to embrace innovation, nurture startups, and support groundbreaking ideas.

The lively discussion that brought this list together was part of the Founder 100 Reunion—a collaborative effort organized by a passionate team including Peter Harris, Paul Ahlstrom, Mark Tullis, Heather Erickson, Robb Lifferth, Ben Lonsdale, Kendra Williams, Darrell Sorenson, and myself. Special thanks also go out to Peter Harris, Co-Host of VC.FM (Venture Capital Podcast), whose insights helped shine a spotlight on the burgeoning tech talent in Utah.

Thanks go to the sponsors and hosts of the event: ​Codebase.com, ​TechBuzz News, ​IsoTalent, HealthTree Foundation, and Goal

Join the Conversation

The question remains:

Which company do you believe is poised to break the billion-dollar barrier?

Reach out and share who else should be on this list? Are there innovative startups we’re overlooking that could be the next big tech unicorn in Utah?

The future of Utah’s tech landscape is being written right now—let’s shape it together!


Stay tuned to TechBuzzNews for more insights into the tech world and emerging startup trends.

Share this article
The link has been copied!