Utah VC

Utah VC

Home
Beehive Startups
About
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…
 • 
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…
 • 
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
 • 
Luke Gunderson
Hypercraft Raises $26m Series A, Surpasses $100m Valuation Milestone
Funds to support re-imagining of mobility technology, create open-sourced system
 • 
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
 • 
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…
 • 
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…
 • 
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…
 • 
Luke Gunderson

April 2025

Canopy Secures $70 Million Series C to Unclunk Accounting Firms with AI
Canopy, the firm-wide operating system for accounting firms, is proud to announce a $70 million Series C led by Viking Global Investors to accelerate AI…
 • 
Luke Gunderson
PhotoPharmics Closes Oversubscribed $6 Million Series B Extension to Advance FDA Breakthrough Parkinson’s Device
Funding supports key milestones as the Pivotal, Phase 3 trial surpasses 200 enrolled participants
 • 
Luke Gunderson
Chief Launches to Help SaaS Companies Simplify Scale With AI, Raises $3.3M in Pre-Seed Funding
April 17th, 2025 — Chief, a new Predictive Platform for growth-stage B2B SaaS companies, announces its public launch and $3.3M in pre-seed funding.
 • 
Luke Gunderson
SponsorCX Secures $4.6M Led by Kickstart to Redefine Sponsorship Management
Lehi, Utah — April 9th, 2025 — SponsorCX, the fast-growing leader in sponsorship management today announced a new $4.6M investment round led by…
 • 
Luke Gunderson
© 2025 Beehive Venture Partners 🐝
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture