Startup Ignition was founded by John Richards, one of Utah’s most prolific startup investors and mentors. It is a $20 million early stage venture fund focused on pre-seed investments, including pre-revenue ventures, e.g. “writing the first checks” to new startups. Typical SIV investments will amount to $250,000 to $750,000 and will likely involve a follow-on investment of similar size based on performance and traction.
The fund was co-founded by John Richards, his son Tyler Richards, Sterling Sessions and Jordan Harbertson.
Investor Mindset: Startup Ignition Ventures Launches New Fund for Early-stage Startup, Mark Tullis, August 8, 2022
Dimension X Raises $600K Pre-Seed Round, Mark Tullis, August 17, 2022