Money

Elektrik Raises $1 Million Dollar Seed Round

MONEY - June 14, 2021

Elektrik, the “Amazon-style'' store-front for high voltage electrical supplies, raised a $1 million seed round from Album VC. The startup based in... Read More

Tula Health Raises $24.1 Million, Valuation Rises to $187 Million

MONEY - June 10, 2021

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 ... Read More

Lucidpress Acquired, New CEO Takes Helm

MONEY - June 08, 2021

Lucidpress of Salt Lake City has announced its acquisition by Charles Thayne Capital (CTC), a technology-focused private investment firm based in Chicago, Illin... Read More

Spiff Announces $46 Million Series B Investment

MONEY - June 01, 2021

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... Read More

Recyclops Announces $3 Million Seed Investment

MONEY - May 18, 2021

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 K... Read More

Bill.com to Acquire Divvy for $2.5 Billion

MONEY - May 06, 2021

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 ... Read More

Recursion's IPO Generates $502 Million

MONEY - April 26, 2021

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 co... Read More

Gabb Wireless Raises $14M Series A Funding

MONEY - April 21, 2021

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, Ta... Read More

Degreed Raises $153M Series D, Valued At $1.4B

MONEY - April 14, 2021

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 ... Read More

Soon Raises $900K, Selected for TechCrunch Pitch-Off

TECH NEWS - April 01, 2021

On Friday April 2nd 2021, TechCrunch will host their annual Early Stage Pitch-Off, “featuring 10 exceptional early-stage startups,” according to the... Read More

Dónde, Travel-as-a-Benefit Startup, Raises $1.3M

MONEY - March 31, 2021

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 Jere... Read More

Droplet Raises $2 Million Seed Round

MONEY - March 30, 2021

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 ... Read More

Yoodlize Launches Equity Crowdfunding

MONEY - March 29, 2021

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 raise... Read More

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