Top 12 Utah Investor Venture Capital Firms [2023]

Utah’s venture capital industry is growing. In fact, it is the third largest in the country. That means there are more opportunities for startups and small businesses to get funding from Utah investors than ever before, including!

The key to getting your startup off the ground is finding a great investor who will help your business grow into something big. With so many options available, how do you know which one is right for you? Start by checking out our list of the top 12 venture capital firms in Utah below:

1. Insure

Assure is a venture capital firm that invests in early-stage technology companies with a focus on Utah. The company was founded by Bryan Sheffield, who has over 30 years of experience as an entrepreneur and investor.

Assure has invested in companies such as Acacia Communications, Domo, Vivint Smart Home and others.

The company is currently investing on its sixth fund with a total of 0 million. He has also raised funds from investors such as Amazon, Blackstone and TPG Growth.

2. Kick off

Kickstart invests in early-stage technology companies. Since its founding in 1999, Kickstart has invested in more than 200 companies in the United States and Europe.

The company provides seed capital for new ventures and Series A investments (the first round of corporate funding after a startup raises funds from friends and family) for fast-growing businesses . Kickstart invests between 0,000 and million per company.

Kickstart’s investment philosophy is to partner with founders who have demonstrated the ability to build real businesses by creating lasting value for customers, employees, partners and shareholders over time through leadership. and execution inspired

3. Peterson Ventures

Peterson Ventures is a venture capital firm that invests in early-stage technology companies.

Peterson Ventures has been investing in Utah since 1999 and has invested in over 100 companies. Peterson Ventures has offices in Salt Lake City, Provo, Orem and St. George. They are headquartered at the University Venture Center at the University of Utah in downtown Salt Lake City.

The company focuses on start-ups that build world-class technology, software, internet and mobile products and services. They typically invest 0,000 to million in their portfolio companies.

4. Sorenson Impact

Sorenson Impact is a venture capital firm that invests in early-stage companies that solve problems and create opportunity for people in Utah and around the world.

The fund of funds offers investors the opportunity to invest alongside Sorenson Impact’s experienced team of partners and accredited investors from across the country. The fund will invest in venture capital funds focused on Utah early-stage companies, or companies headquartered outside of Utah but with operations here.

5. Aumeni

Anumni is a venture capital firm that invests in early-stage technology companies. Anunni was founded in 2007 by Michael D. Sorenson and Eric M. Peterson.

Anunni has invested in over 50 companies, including Omnitrans, Omniture and Omnitrope.

In 2011, Anunni was ranked among the top 100 venture capital firms in the world by Bloomberg BusinessWeek. The company has offices in San Francisco and Irvine, California.

Anunni was founded in 2007 by Michael D. Sorenson and Eric M. Peterson. The firm has invested in more than 50 companies, including Omnitrans, Omniture and Omnitrope. Anumni is a venture capital firm that invests in early-stage technology companies.

6. North Capital Investment Technology (NCIT)

North Capital Investment Technology (NCIT) is a venture capital firm that invests in early-stage technology companies. NCIT has invested in more than 100 companies since its founding and has participated in more than billion in investment capital across multiple asset classes, including private equity and venture capital debt. The company has offices in Utah and California

and invests in California and Utah. NCIT has been recognized as one of the top performing venture capital firms in North America by Thomson Reuters, Dow Jones Venturesource and Morningstar.

7. Sorenson Capital

Sorenson Capital is an early-stage venture capital firm that invests in Utah’s most promising startups.

Sorenson Capital was founded by Scott Sorenson and Braden Sorenson in 2015. The firm has over 0 million under management, and it has invested in over 60 companies in the state of Utah.

Sorenson Capital is committed to helping Utah-based startups succeed. We focus on early-stage businesses, providing them with the resources and guidance they need to grow into strong businesses that can compete globally.

8. RET Ventures

RET Ventures is a venture capital firm that invests in early-stage technology companies. They are based in Salt Lake City, Utah and have invested in over 200 companies since their founding in 2001. Their founder was Robert Garff, who passed away on June 4, 2018 at the age of 84. Reid Garff took over as CEO after his father’s death and continues to lead RET investments today.

In addition to his work at RET Ventures, Reid Garff has also served on the board of a number of companies, including Vivint and Envirofit. He is also an active philanthropist and sits on the boards of various charities.

9. VC-Album

Album Venture Capital (Album VC) is a Utah-based venture capital firm that invests in early-stage companies. Since its founding in 2009, VC Album has invested in over 100 companies and has over 0 million under management. The company has also made over 20 investments in the past 12 months alone, including:

• ChatSwap (Enterprise Supported) – A video chat application that allows users to swap lives with others around the world via social media.
• Markasoft (Enterprise Backed) – A software company specializing in providing enterprise data protection solutions for businesses around the world.

10. Epic Ventures

Epic Ventures is a venture capital firm that invests in early-stage companies with the potential to scale globally. The company is focused on investing in the best entrepreneurs and teams, regardless of industry or geography. Epic’s investment areas include fintech, healthcare IT, enterprise software and services, SaaS/Cloud Computing, virtual reality/augmented reality (AR/VR), blockchain and intelligence artificial (AI).

The company’s current portfolio includes some of today’s fastest growing companies: BigCommerce (Cloud Ecommerce Platform), Procore Technologies Inc. (Construction Management Software), Bizible Inc. (Marketing Analytics)

11. West Mountain Capital Network

Mountainwest Capital Network is a venture capital firm that invests in start-up companies in the United States and Canada. The firm was founded in 1999 by Greg Harkness and has invested in over 100 companies.

Mountainwest Capital Network invests primarily in the seed and Series A stages, with later stage investments sometimes occurring through its Growth Fund II or III vehicles. Although most of their investments are made in Utah, they have expanded to other states including Colorado, Idaho, Montana, and Wyoming. Their typical portfolio consists of early-stage internet businesses, but they also invest in sectors such as clean energy, medical device manufacturing, biotechnology, and information technology services.

12.Treer.ai

Wrench.ai is a platform that connects people with the best local mechanisms. They are headquartered in Salt Lake City, Utah and have raised million from investors like Draper Associates and 500 startups.

Wrench AI was founded by Ryan Cook, who previously worked at Google on its Waymo autonomous vehicle project for seven years before leaving to start Wrench AI in 2018.

In March 2019, Wrench AI announced the launch of its mobile app for Android and iOS devices. The app allows users to book appointments with local mechanisms, learn about their services, and leave reviews.

Conclusion

As you can see, there are many venture capital firms in Utah that fund startups and small businesses. These companies have a wide range of investment types and goals, so it’s important to choose the right one for your business. We hope this list was helpful in narrowing down your options!