BREAKING NEWS: Lehi, Utah-based Route has Closed a $40 Million C Round of Funding at a Valuation of $1.4 Billion
Since its launch in 2019, Route has insured over $15B in eCommerce product purchases.
NEWS BRIEF: Orem, Utah-based Ovation Raises an Additional $2.0 Million in a Continuation and Closure of its "A Round" of Funding
In total, Ovation "... has now raised a little bit over $9.0 million in total through all its external financings."
BREAKING NEWS: South Jordan, Utah-based GPS Capital Markets is Being Acquired for $725 Million by NYSE-Listed Corpay
To me, this is another example of a relatively stealthy Utah-based company making a "splash" in Utah's business ecosystem with a significant monetary / financial transaction.
NEWS BRIEF: Lehi, Utah-based LegalTech Firm, Hona, Closes a $9.5 Million Round of Series A Funding
Lehi, Utah-based Hona has raised $9.5 million in a Series A round of funding that was "... led by Costanoa Ventures with participation from Ludlow Ventures, Soma Capital and Y Combinator."
As noted in its funding news release,
Hona is "... dedicated to revolutionizing client communication (for law
Murray, Utah-based KindlyMD Raises $6.8 Million in Gross Proceeds Through a "Nano Cap" Initial Public Offering
Self-described as a "pain management clinic and healthcare data company," KindlyMD "... is also one of the largest providers of medical evaluation and management services related to treatment recommendations within (Utah's) medical cannabis program ..."
Five-year-old KindlyMD "... offers direct health care to patients integrating prescription
Utah's Top 15 Monetary, Financial and Business News Nuggets from the First Half of June 2024 that You Might have Missed
In this writeup, you'll find info about 18 Utah-based firms and nine separate Utah-based executives.
NEWS BRIEF: With Approval of a $38 Million Purchase of a 238,000-sq-ft Building, the University of Utah will Grow its Downtown Salt Lake City Presence
With this expansion, the UofU is now ideally positioned to dramatically expand its footprint in downtown Salt Lake City ... should it choose to do so.