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: 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
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.
Utah's Top 10 Monetary, Financial, and/or Business Stories of May 2024
In our opinion, these 10 stories represent Utah's Top 10 Newsmakers in May 2024 across the monetary / financial / business ecosystem.
Another "Sneaky" IPO is Pending for Utah as "Recent" Transplant Waystar Holdings Announces its Forthcoming Initial Public Offering
I predict that the soonest (and most likely IPO scenario for Waystar) is for its shares to begin trading the week of June 24—28, the week before the July 4th holiday.
South Jordan, Utah-based Canopy Raises $35 Million in New Funding Round
At least 10 different investment firms have placed their bets on Canopy since its launch in 2014.
Utah Set a New Record of at Least $39.2 Billion in Equity Deals in 2023 vs. the Previous High of $31.2 Billion Set in 2021, the Latest "Deal Flow Report" Says
M&A activity in Utah in 2023 represented over 91.3% of ALL known equity transactions that occurred in the state last year.