News & contextual perspectives on all aspects of money in Utah, across every industry and region, and from companies to government and from people to policies.
Joined May 2023
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If you've not been paying attention, 5 #Utah-HQ'd firms have raised over $120MM (combined) in under 2 months. So here's our writeup to help provide context & insights: utahmoneywatch.com/more-than….
@tavahealth
@enzo_health
@Findd_Ai
@pmtboxinc
@FortemTech
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NEWS: #Utah-HQ'd @Qualtrics just dropped $6.75 billion to purchase @PressGaney. You can get the full rundown here: utahmoneywatch.com/provo-hqd….
#eXperience_Management
#XM
#HealthTech
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NEWS ANALYSIS: "Motorola Solutions is Spending $100 Million to Scale and Diversify in Utah" ... and why we feel this is important to the @UtahGov, @47G_Utah, #GOED & more.
Get the full rundown here: utahmoneywatch.com/motorola-….
@MotoSolutions
@SpencerJCox
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ICYMI: @Angel Studios recently raised $34.5MM in a public offering and has unlocked another $40 million in debt capital (if needed). Here's the link to our story: utahmoneywatch.com/angel-stu….
$ANGX
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In an exclusive, @UtahMoneyWatch reports that @olearyventures expects to spend $4 billion on Phase 1 of its STRATOS hyperscaler data center project in Box Elder County, Utah over $20-B in total.
See utahmoneywatch.com/the-real-… for the full writeup analysis.
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BREAKING NEWS: A $2.3B mixed-use, 472-acres real estate development project by the @LDSchurch just north of Kansas City, Mo. is coming? Yup. Visit utahmoneywatch.com/is-utahs-… to get the full rundown.
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BREAKING NEWS: $GVA, CA-based Granite Construction, just acquired Provo, Utah-based #KennySengConstruction, which did ~$150MM in revenue last year. To learn more, please visit utahmoneywatch.com/nyse-list….
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ICYMI: For the 1st time, Utah-HQ'd @ZanskarGeo has raised $$$ without having to sell equity. For the full story, visit utahmoneywatch.com/salt-lake….
#geothermal
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An 11yo CA #MedTech firm, #Route92Medical, not only moved its HQ to #Utah last month, it's now announced a new $50MM capital raise ... on top of the ~$225MM it had raised previously. Get the full writeup here: utahmoneywatch.com/route-92-….
@route92med
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ICYMI: @BedBathBeyond just announced 2 acquisitions in a 1-week-period totaling $300MM. Here's the link to our story: utahmoneywatch.com/in-just-a….
$BBBY
@marcuslemonis
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If you don't know Luigi Resta, you should. His firm, Utah-HQ'd rPlus Energies, just closed $650MM in new financing for a massive energy development project in Idaho.
Visit @UtahMoneyWatch here for the full writeup: utahmoneywatch.com/utah-base….
#rPlusEnergies
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BREAKING NEWS & ANALYSIS: "After Publishing a Proprietary Advisor Report in January, Jump closes an $80 million Series B Funding Round Led by Insight Partners."
Get the full rundown here: utahmoneywatch.com/after-pub….
@JumpAdvisorAI
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BREAKING NEWS: Former Utah CEO, Braden John Karony, has been sentenced to 100 Months in federal prison and ordered to "Forfeit" $7.5 million he absconded through his fraudulent activities.
For the full rundown, please visit utahmoneywatch.com/a-utah-ce….
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LATE BREAKING NEWS: Utah resident and BYU grad, Chris Klomp, has been promoted to No. 2 at the U.S. Department of Health and Human Services.
For a summary writeup, please visit utahmoneywatch.com/late-brea….
@1klomp
@BYU
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Do you know this guy? That's Carl Hoiland, CEO/Co-Founder of Zanskar, the SLC-based energy firm that just raised $115MM in funding to drive expansion of its AI-empowered, #geothermal energy growth.
Here's our writeup: utahmoneywatch.com/zanskars-….
@ZanskarGeo
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NEWS & ANALYSIS: "With the 2026 Legislative Session Opening Today, What is the State of Utah's Economy?"
See Utah's 7 most impressive data points I see going into this Session here: utahmoneywatch.com/with-the-….
#utah
#UtahLegislature
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17 Dec 2025
AND NOW ... the rest of the story: "A Promised $500 Million Infusion Thrusts Ute Athletics to the Forefront of Collegiate Sports and Prevents its Slide into Second Tier Irrelevance."
Read: utahmoneywatch.com/a-promise….
@Utah_Football
@UUtah
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10 Dec 2025
Utah just got a $462 MILLION jolt.
@fervoenergy, the geothermal innovator behind Cape Station in Beaver County, just raised a funding round pushing total funding past $1.4B and likely valuing the company near $5B.
Learn more here: utahmoneywatch.com/fervo-ene….
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19 Nov 2025
ICYMI: Part 1 of our 1st multipart series is "live." It's titled "T.J. Rodgers, SunPower and the Future of Solar Power in Utah."
You'll find it here: utahmoneywatch.com/t-j-rodge….
We hope you'll check it out.
$SPWR
$SPWRW
#Utah
#SolarPower
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