Utah VC

Lockheed Martin Invests $25M in Fortem Technologies to Meet Urgent Demand for Countering UAS Threats

LINDON, UT — April 22, 2026 — Lockheed Martin (NYSE: LMT) today announced a $25 million investment in Fortem Technologies, a global leader in airspace…

Apr 24 • Luke Gunderson

Earlyasset Raises $2M to Unlock Liquidity in Venture Secondaries

Startup emerges from stealth as $4 trillion in startup equity remains illiquid and most secondary trading is concentrated in just ten companies

Apr 24 • Luke Gunderson

Tava Health Raises $40M Series C, Led by Centana Growth Partners

Funding Coincides with Launch of New Offerings Designed to Eliminate Cost Barriers to Mental Health Access

Apr 23 • Luke Gunderson

Zanskar Closes $40M in Novel Development Capital Financing, Structured to Scale to $100M

One of the largest non-solar, non-wind development capital facilities, the funding accelerates Zanskar’s geothermal pipeline and establishes a scalable…

Apr 17 • Luke Gunderson

Rizz Lending Closes $300 Million Warehouse Facility, Accelerating Growth in Exotic and Collector Car Financing

RIVERTON, Utah, April 02, 2026 - Rizz Lending, a specialty auto finance company focused on high-value exotic, luxury, and collector vehicles, today…

Apr 2 • Luke Gunderson

March 2026

CurrentClient Raises $1.25 Million Seed Round Led by Thicket Ventures, Adds New Sales Leadership

Thicket Ventures’ Justin Wisz Joins Board of Directors, while Austin Guest Joins as Head of Sales

Mar 26 • Luke Gunderson

Rasa Legal Raises $5 Million Late Seed Round to Scale Criminal Record Clearance Nationwide

Led by Rethink Education, with participation from Halogen Ventures, Social Finance, and the Richard King Mellon Foundation

Mar 11 • Luke Gunderson

February 2026

Jump Raises $80 Million Series B, Led by Insight Partners, to Expand AI Operating System for Financial Advisors

SALT LAKE CITY — Jump, a leading provider of artificial intelligence (AI) solutions for financial advisors and other financial services providers, today…

Feb 19 • Luke Gunderson

Ollin Ventures Closes Fund I to Back the Next Generation of AI-Native Software Companies

Utah County, UT — February 12th 2026.

Feb 17 • Luke Gunderson

Ovation Raises $3 Million in 100% Customer-Funded Round

Restaurant operators back the guest experience platform they rely on and believe their peers will too

Feb 11 • Luke Gunderson

January 2026

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