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June 2025

Rebel Medicine Raises $6 Million Series A and Files IND to Advance Non-Opioid Pain Treatment into Clinical Trials
SALT LAKE CITY, June 12, 2025 -- Rebel Medicine Inc, a clinical‑stage biotechnology company developing innovative drug delivery systems and non‑opioid…
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Luke Gunderson
Sorenson Capital Announces $150M Ventures Fund III to Maintain Focus on Cybersecurity and B2B Software Investments
LEHI, Utah -- Sorenson Capital, a leading venture capital firm with offices in Palo Alto and Salt Lake City, today announced the launch of its third…
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Luke Gunderson
Lumion Closes $10.7M to Power the Ultimate Operating System for Trade Schools, Tackling the Skilled Labor Gap
SALT LAKE CITY, June 16, 2025 — Lumion, the company building the most comprehensive operating system for career and trade schools, today announced it…
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Luke Gunderson
Nexus IT Secures $60M Investment to Accelerate Founder-Led, Values-Driven MSP/MSSP Expansion
New investment from Metropolitan Partners Group positions Nexus IT to lead a values-aligned M&A model reshaping the managed services landscape
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Luke Gunderson
Hypercraft Raises $26m Series A, Surpasses $100m Valuation Milestone
Funds to support re-imagining of mobility technology, create open-sourced system
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Luke Gunderson

May 2025

AskElephant Raises $6M to Redefine Revenue Team Workflows with Human-Centered AI
Jump Capital leads round to fuel platform innovation, hiring, and growth as demand surges for AI that boosts—not replaces—customer-facing teams
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Luke Gunderson
Awardco Raises $165 Million, Surpasses $1 Billion Valuation
Sixth Street Growth and Spectrum Equity join General Catalyst and Ryan Smith (HXCO) in a strategic round to fuel the next era of employee rewards and…
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Luke Gunderson
Entrata Receives $200 Million Investment from Blackstone
Lehi, Utah — May 15, 2025 Entrata, a leading operating system for multifamily communities, today announced a $200 million minority investment from funds…
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Luke Gunderson
RevRoad Capital Rebrands as Stalwart Ventures, Signaling Growth and Expanded Leadership
PROVO, UT — May 13, 2025 — RevRoad Capital (RRC), the early stage venture fund that broke records when it debuted in 2023, unveiled today a new brand…
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Luke Gunderson
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