Venture Capital in Utah
Joined June 2021
- Tweets 319
- Following 102
- Followers 862
- Likes 817
18 Photos and videos
🚨BREAKING NEWS. Today, we're excited to announce something we've been working on for a while.
Utah has quietly become the most dense hard tech base in America. Most people have no idea. Rockets. Drones. Isotopes. Energy. Composites. The stuff America's future is actually built on.
This October, we will show the world.
Hard Tech Week, by @47G_Utah in partnership with @UTtechweek and Nucleus Institute. October 26–30.
👇 47g.org/hard-tech-week
11
22
249
22,964
👀 Woot!
May 28
Property management software company Entrata filed for a U.S. initial public offering on Thursday, revealing a 23% revenue surge in the first three months of 2026, as issuers line up to tap the summer IPO window. reuters.com/legal/transactio…
1
1
5
558
Related: x.com/i/status/2060496439428…
May 29
The profitable SaaS IPO is back? 📈
Entrata just filed: $574M implied ARR, 23% growth, and GAAP-profitable (18% operating margin, 11% net income). They offer a leading property management software solution and are PE-owned (founded in 2003).
It's the largest software company ever to IPO while growing 20% and GAAP operating-profitable.
Every name that filed at this scale — Snowflake, Palantir, Figma, Dropbox — was losing money. The last profitable-growth SaaS IPO like it was Veeva, at half the size. We looked back at over 150 SaaS IPOs.
It will be an interesting case study on what's possible for valuation for Cloud 1.0 companies vs. AI-native...likely at least $5 billion.
2
192
Utah VC retweeted
May 21
Altitude Lab Portfolio Companies Surpass $205 Million in Funding, Marking a New Era for Early-Stage Biotechs in Salt Lake City - bit.ly/altitudelab-205
2
10
399
Altitude Lab Portfolio Companies Surpass $205 Million in Funding, Marking a New Era for Early-Stage Biotechs in Salt Lake City
utah.vc/p/altitude-lab-portf…
1
4
202
Utah VC retweeted
May 19
Altitude Lab portfolio companies surpass $205M in funding as startups advance clinical trials, sign global pharma deals, and reshape early-stage biotech.
Full Press Release: globenewswire.com/news-relea…
#biotech #techbio #lifescience #utah
1
2
6
194
Route 92 Medical Announces $50 Million Growth Financing
utah.vc/p/route-92-medical-a…
1
1
116
SponsorCX Secures Series A Expansion Led by Kickstart
utah.vc/p/sponsorcx-secures-…
2
427
Utah VC retweeted
May 19
To the @AntlerGlobal team, a huge thank you. We’ve forged friendships, made incredible memories, and backed dozens of the highest quality founding teams in the country. I look forward to co-investing together in the future.
And now, I am excited to announce the next phase of my investor journey: @albumvc.
As an introduction, Album is a recognizable name in the Mountain West. They were early in Podium, Filevine, Weave, Divvy (BILL), Spiff, HeroDevs, MX, Route, TaxBit, Andela, Neighbor, and more. Do the math on their unicorn hit rate. It’s with the blue bloods.
John, Sid, and Diogo reached out with a plan to grow their partnership for the first time in a decade. They are reloading with more capital and a broader geographic focus, but keeping what has made them special (more to come on that). It made perfect sense for me to move home and join forces with the momentum they have created.
If we haven’t caught up in awhile, or you are building something new, shoot me a note!
4
2
27
1,069
Utah VC retweeted
May 13
Human behavior is security's biggest blind spot.
We've raised ~$3M in pre-seed funding from @BoweryCapital, @indievc, and angels from Cloudflare, Palo Alto, Cursor, Nvidia, and Okta to fix it. 🧵
3
6
27
1,892
Enzo Health Raises $26M to Deploy AI Across Home Health to Meet Unprecedented Nationwide Demand for Post-Acute Care
utah.vc/p/enzo-health-raises…
1
3
348
pmtbox Secures $15M in Seed Funding to Unify Fragmented Commerce Stacks Into a Single Infrastructure
utah.vc/p/pmtbox-secures-15m…
1
2
154
Utah VC retweeted
Apr 24
Zanskar is one of the most compelling and interesting startups in Utah, and they just closed $40M in novel development capital financing.
utah.vc/p/zanskar-closes-40m…
1
1
13
1,313
Lockheed Martin Invests $25M in Fortem Technologies to Meet Urgent Demand for Countering UAS Threats
utah.vc/p/lockheed-martin-in…
1
2
162
Earlyasset Raises $2M to Unlock Liquidity in Venture Secondaries
utah.vc/p/earlyasset-raises-…
1
3
154
Utah VC retweeted
Apr 24
Salt Lake City-based @tavahealth just raised a $40M Series C. They help employers offer mental health benefits while giving patients faster, more accessible access to treatment. Read more here - bit.ly/Tava-C
1
8
318
Tava Health Raises $40M Series C, Led by Centana Growth Partners
utah.vc/p/tava-health-raises…
1
2
291
Zanskar Closes $40M in Novel Development Capital Financing, Structured to Scale to $100M
utah.vc/p/zanskar-closes-40m…
3
177
Rizz Lending Closes $300 Million Warehouse Facility, Accelerating Growth in Exotic and Collector Car Financing
utah.vc/p/rizz-lending-close…
1
1
2
209