Utah VC

Cashmere Secures $5M Seed Round Led by Reach Capital to Bridge Premium Publishing and Generative AI

With backing from global industry leaders like Ingram Content Group and Pearson, Cashmere bridges "data wall" gap between premium content and gen AI.

Jan 22 • Luke Gunderson

Zanskar Raises $115M Series C Following Record-Setting Year of Geothermal Discoveries

Zanskar will use the funding to expand its AI discovery platform and to begin building geothermal power plants at sites it has discovered within its…

Jan 22 • Luke Gunderson

December 2025

Paramify Announces $12 Million Series A Funding to Accelerate Enterprise Risk Management Expansion

Salt Lake City, Utah – December 18, 2025 Paramify, a leading risk operations platform for enterprise organizations, today announced a $12 million Series…

Dec 18, 2025 • Luke Gunderson

Pronto Receives Significant Growth Investment From SEVA

Investment Will Enable Pronto to Expand Customer Footprint and Product Offerings

Dec 10, 2025 • Luke Gunderson

401GO Raises $33M Series B, Led by Centana Growth Partners, to Drive Next-Generation Retirement Solutions

Fundraise will scale 401GO’s vertically-integrated 401(k) technology and expand its advisor and embedded partner ecosystem

Dec 9, 2025 • Luke Gunderson

November 2025

Baxter Aerospace Raises $6M in Series A Funding

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Nov 12, 2025 • Luke Gunderson

Mindsmith Secures $4.1 Million Seed Round to Redefine Corporate e-Learning Design with AI-Native Platform

Utah-based Startup Unites AI Speed and Proven Learning Science to Deliver Better Training, 12 Times Faster

Nov 5, 2025 • Luke Gunderson

Fintech Startup Crew Raises $3.8 Million to Power Its Revolutionary High-yield Checking Account with Built-in Budgeting

Lehi, Utah — November 5, 2025 — Crew Finance, Inc. (“Crew”), the fintech behind “the world’s most powerful checking account,” today announced the…

Nov 5, 2025 • Luke Gunderson

October 2025

Sam Andersen Joins Element Ventures as Investment Partner, Expanding the Firm’s Commitment to Utah

Provo, Utah — October 27, 2025 — Element Ventures today announced that Sam Andersen has joined the firm as an Investment Partner, strengthening its…

Oct 27, 2025 • Luke Gunderson

Parallel raises $2.4M to launch the AI-native finance team for startups

by Night Capital and K5 Tokyo Black, with Penny Jar Capital, Background VC, Mintaka VC, and strategic operators, the round fuels rollout of Parallel’s…

Oct 9, 2025 • Luke Gunderson

September 2025

Filevine Raises $400M with Insight, Accel, and Halo Fund to Scale Legal Intelligence

Salt Lake City, Utah – September 23, 2025 – Filevine, the pioneer of the Legal Operating Intelligence System, has raised $400 million in an all-equity…

Sep 23, 2025 • Luke Gunderson

PassiveLogic Raises $74M in Series C Funding

PassiveLogic, a Salt Lake City, UT-based company which specializes in generative autonomy, raised $74M in Series C funding.

Sep 17, 2025 • Luke Gunderson