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Finance

Providing perspective and contextual insights on the monetary aspects of the Finance industry within the state of Utah, from Banking to FinTech and from venture capital to cryptocurrency.

Lehi-based Qualiti Raises $6.5 Million in Seed Round Funding to Support Software Programmers and Developers Everywhere

Lehi-based Qualiti Raises $6.5 Million in Seed Round Funding to Support Software Programmers and Developers Everywhere

With its focus on leveraging artificial intelligence to address Quality Assurance challenges with software code, Qualiti says its platform can help developers lower QA costs and time by 34% - automatically and without human intervention. Can one piece of software literally eliminate over one-third of internal costs? That's

Salt Lake City Approves ~$40 Million in Improvements for City Parks and Neighborhoods

Salt Lake City Approves ~$40 Million in Improvements for City Parks and Neighborhoods

The Salt Lake City Council has approved nearly $40 million of funding directed specifically toward nearly three dozen projects identified in the 2023/2024 Capital Improvement Budget. The CIP targets public properties of all types within city boundaries that require some type of construction work. The 34 different projects that

UPDATED: Swig Sells 250 New Stores to 12 New Franchise Partners

UPDATED: Swig Sells 250 New Stores to 12 New Franchise Partners

Swig expects to sell an additional 250 franchise locations before the end of 2023. Based upon industry estimates, plus Swig's own franchising disclosures, we feel this puts the brand on track to produce projected annual systemwide gross sales of over $225 million once the new units come online.

Murray, Utah-based Nursa Raises $80 Million to Continue to Address the Nation's Nursing Shortage.

Murray, Utah-based Nursa Raises $80 Million to Continue to Address the Nation's Nursing Shortage.

The business model for prospective entrepreneuers has remained virtually unchanged for centuries: Find a customer pain point and provide products/services to address/eliminate that pain. And "Yes," it really is that simple. Interestingly, the greater the pain suffered by a prospective customer (or set of target customers)

The Case for FireFly Automatix Becoming Utah's Next "Unicorn," Courtesy of Artificial Intelligence, EVs, and Grass

The Case for FireFly Automatix Becoming Utah's Next "Unicorn," Courtesy of Artificial Intelligence, EVs, and Grass

By "marrying motion control with robotics" in its fully autonomous electric mowers, FireFly Automatix has dramatically expanded its Total Addressable Market size (TAM) by 15-fold to $30 billion. The decision moves FireFly beyond turf harvesting/mowing into commercial and (eventually) residential grass-mowing. And its primary targets out-of-the gate

ICYMI: Utah's Top Seven Money Stories from the First Half of August 2023

ICYMI: Utah's Top Seven Money Stories from the First Half of August 2023

From the $4 million "special" funding of ChartSquad to our discovery of PCF Insurance Services - Utah's hidden 5X insurance industry "Unicorn" - we deliver our perspectives on each of the top 7 money stories in Utah for first half of the month (August

Fighting Global Childhood Malnutrition is the Thrust Behind $44 Million in New Donations from the Church of Jesus Christ of Latter-day Saints

Fighting Global Childhood Malnutrition is the Thrust Behind $44 Million in New Donations from the Church of Jesus Christ of Latter-day Saints

In partnership with CARE, Catholic Relief Services, Hellen Keller Intl, The Hunger Project and several other organizations across 30 countries, this year's $44 million in giving is on top of last year's $37 million dontated by the Church of Jesus Christ to World Food Programme (of