12 Best VC Firms in Salt Lake City [2022]

12 Best VC Firms in Salt Lake City [2022]

Are you looking for a VC Firm in Salt Lake City?

Finding the right VC firm for your startup can be a daunting task.

There are a number of successful VC Firms in Salt Lake City, so we've curated a list of the top 12 VC firms in the area.

Here's the list:

1. Epic Ventures

  • Location: Salt Lake City, Utah
  • Industries: Technology
  • Investment Range: ~$500K - $2M
  • Stage: ~Seed Stage
  • Companies invested in ~Adaptive Computing, Ancestry, Artifact

EPIC focuses on technology startups that support the internet and software programming.

They are an early-stage software VC firm whose mission is to back entrepreneurs with innovative technology solutions.

They typically invest anywhere from $500K to $2M.

Learn more about Epic Ventures ➜

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2. Pelion

  • Location: Salt Lake City, UT
  • Industries: Technology
  • Investment Range: ~$2M - $6M
  • Stage: ~Seed Stage
  • Companies invested in: ~Firefly, Astound, MX

Pelion works with technology startups to build innovative and disruptive businesses and is marked as a valuable partner.

This early-stage VC firm supports software and cloud services businesses to move progressively through each stage of development.

Their typical investments range from $2M to $6M at the initial stage.

Learn more about Pelion ➜

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3. Mercato

  • Location: Cottonwood Heights, UT
  • Industries: Technology and Consumer Goods
  • Investment Range: ~$7M - $15M
  • Stage: ~First Stage
  • Companies invested in: ~Galileo, Crack Shack, Blip

Mercato is a Cottonwood Heights-based VC firm that focuses on technology and consumer goods businesses at their growing stage and helps them to grow faster.

Mercato has built four different practices- traverse, alpha, prelude, and savory to support talented entrepreneurs and growing companies across different stages with collaborative investments.

They typically invest anywhere from $7M to $15M.

Learn more about Mercato ➜

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4. Album VC

  • Location: Lehi, UT
  • Industries: Technology
  • Investment Range: ~$250K - $1M
  • Stage: ~Seed Stage
  • Companies invested in: ~Jolt, Divvy, Weave

Album VC, formerly known as Peak Ventures focuses on technology startups for the future of technology and culture.

Album VC is a seed-stage technology VC firm whose mission is to support the brightest and talented minds in shaping new technologies in different sectors.

Their typical investment range is between $250K - $1M.

Learn more about Album VC ➜

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5. Alta Ventures

  • Location: Mexico, Lehi, UT
  • Industries: Internet, SaaS Computing, Mobile Computing, Consumer, Security, Communications and Health Care
  • Investment Range: ~$500K - $10M
  • Stage: ~Seed Stage
  • Companies invested in: ~Mappen, Murally, Converus

Alta Ventures is an early-stage firm providing seed, growth, and venture capital. Its area of focus is SaaS Computing, Mobile Computing, Internet, Consumer, Security, Communications, and Health Care.

Alta supports enthusiastic entrepreneurs to grow innovative companies and reach new heights.

Their investments range from as little as $500K to as much as $10M.

Learn more about Alta Ventures ➜

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6. 42 Ventures

  • Location: Salt Lake City, UT
  • Industries: Technology and Software
  • Investment Range: ~$250K - $1.5M
  • Stage: ~Seed Stage
  • Companies invested in: ~Distribion, Fast, Touchpath

42 Ventures focuses on software-driven businesses that have growth potential and domain expertise.

This SalyLake City-based early-stage VC firm partners with entrepreneurs who have expertise in innovative products and services to defined markets.

They invest between $250,000 and $1.5 million in a typical deal.

Learn more about 42 Ventures ➜

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7. Zetta Venture Partners

  • Location: Salt Lake City, UT
  • Industries: Technology
  • Investment Range: ~$1M - 5M
  • Stage: ~Seed Stage
  • Companies invested in: ~Aptology, Clearbit, Dor

Zetta Venture Partners focuses on AI-first Startups with B2B business models to support them in establishing customer traction for AI products.

Zetta Venture Partners, an early-stage VC firm, promotes software development that analyzes data to predict and prescribe optimal outcomes.

They typically invest anywhere from $1M to $5M at the stage.

Learn more about Zetta Venture Partners ➜

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8. Signal Peak Ventures

  • Location: Salt Lake City, UT
  • Industries: Technology and Life-Sciences
  • Investment Range: ~$250K - $10M
  • Stage: ~Seed Stage
  • Companies invested in: ~Degreed, Keap, Ancestry

Signal Peak Ventures is a Salt Lake City-based VC firm that primarily invests in early-stage technology companies dealing in sectors like SaaS, BioTech R&D, Diagnostics, and AdTech.

They mainly focus on industries like Life Science & Medical Technology, Information Technology & Networking and look for founders who are passionate to bring significant changes in these fields.

The firm's investments range varies from as little as $250K to as much as $10M.

Learn more about Signal Peak Ventures ➜

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9. RenewableTech Ventures

  • Location: Salt Lake City, UT
  • Industries: Renewable Energy and Clean Technology
  • Investment Range: ~Not Disclosed
  • Stage: ~Seed Stage and First Stage
  • Companies invested in: ~Solid Carbon Products, watertonpolymer.com, Consolidated Energy

RenewableTech Ventures is a VC firm based in Salt Lake City that supports Cleantech startups of the US and Canada Region.

The firm focuses on transportation, energy, manufacturing, infrastructure, advanced materials, IT, and agriculture.

RenewableTech Ventures has been founded in 2010 and helped dozens of successful companies in this sector.

Learn more about RenewableTech Ventures ➜

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10. Crocker Ventures

  • Location: Salt Lake City, UT
  • Industries: Biotechnology, Health Care and Pharmaceutical
  • Investment Range: ~$10M - $50M
  • Stage: ~Seed Stage
  • Companies invested in: ~Clene Nanomedicine, Merrimack Pharmaceuticals, Xenocor

Crocker Ventures, a privately held firm, invests in Life Science, Healthcare, and High-Technology to identify the growth potential and market needs.

They are an early-stage VC firm whose primary areas are biotechnology/pharmaceuticals, medical devices, drug delivery, diagnostics, and information technology.

The firm typically invests anywhere from $10M to $50M.

Learn more about Crocker Ventures ➜

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11. Peterson Partners

  • Location: Salt Lake City, UT
  • Industries: Fintech, Technology, Healthcare, Retail & Consumer, Manufacturing, Transportation
  • Investment Range: ~$250K - $1M
  • Stage: ~Seed Stage, Startup Stage, and First Stage
  • Companies invested in: ~Allbirds, Azul, Solidcore

Peterson Partners is a privately-held VC firm in Salt Lake City that focuses on fintech, SaaS, digital commerce, consumer-tech, business services, healthcare, software & internet, retail & consumer, manufacturing, transportation, and industrials sectors.

The company looks to invest in pre-seed, seed-stage, growth-stage companies and also through means of buyouts, and co-investments.

Their investments range in size from as little as $250K to as much as $1M.

Learn more about Peterson Partners ➜

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12. Kickstart Seed Fund

  • Location: Cottonwood Heights, UT
  • Industries: SaaS, Consumer, Edtech, Hardware, Software, Marketplace, and Healthcare
  • Investment Range: ~$500K - $1M
  • Stage: ~Seed Stage
  • Companies invested in: ~Converus, Grain, Grow

Kickstart Seed Fund is an early-stage VC firm that focuses on SaaS, Consumer, Edtech, Hardware, Software, Marketplace, and Healthcare Startups for their potential growth.

Kickstart is more likely to invest in companies based in Utah, Colorado, and the Mountain West region.

They invest between $250K and $1M initially.

Learn more about Kickstart Seed Fund ➜

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