Salt Lake City has become a serious place for founders to find funding. The city is home to a growing number of venture capital firms with deep roots and impressive portfolios.
Established players like Pelion Venture Partners and Kickstart have each funded well over 200 companies. Many of their portfolio companies have achieved successful exits, showing real momentum in the local scene.
Below is our list of the best 12 VC firms in Salt Lake City.
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Buy It For $97 $297 →Pelion Venture Partners backs entrepreneurs building early-stage B2B software companies, helping them turn foundational concepts into industry leaders. Their team works collaboratively with each portfolio company, providing hands-on support to guide them through the initial stages of growth.
| Year Founded | 1986 |
| Founders | Jim Dreyfous |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 244 (77 as Lead Investor) |
| Nº of Exits | 54 (7 IPO'd) |
| Contact | susannah@pelionvp.com / +1 801 365 0262 |
Kickstart invests in early-stage companies across the Mountain West, providing seed funding to help founders build their businesses. With a 17-year history in the region, their portfolio includes breakout companies like Lucid, Podium, and Angel Studios.
| Year Founded | 2008 |
| Founders | Gavin Christensen |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 267 (78 as Lead Investor) |
| Nº of Exits | 35 (1 IPO'd) |
| Contact | hello@kickstartfund.com / 801.308.0440 |
Focusing on founders often overlooked by traditional VCs, Beta Boom provides pre-seed capital to entrepreneurs from diverse backgrounds and those outside of major tech hubs. The firm leads rounds in sectors like Digital Health, FinTech, and SaaS, providing dedicated post-investment support to guide early-stage growth.
| Year Founded | 2018 |
| Founders | Kimmy Paluch, Sergio Paluch |
| Investment Stage | Convertible Note, Early Stage, Seed |
| Nº of Investments | 28 (21 as Lead Investor) |
| Nº of Exits | — |
| Contact | hello@betaboom.com |
Cross Creek employs a dual strategy, making direct investments in promising late-stage companies while also backing premier venture capital funds. This model is designed to strengthen the connection between private and public markets, creating a path for growth and strong returns for its partners.
EPIC Ventures backs early-stage software and internet infrastructure companies building for the next information economy. They support founders with operational and financial experience and connect them to a network of advisors and industry contacts.
| Year Founded | 1994 |
| Founders | Kent Madsen, Nick Efstratis, Todd Stevens |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 205 (43 as Lead Investor) |
| Nº of Exits | 47 (9 IPO'd) |
| Contact | info@epicvc.com / (801) 524-8939 |
Signal Peak Ventures puts its $550 million fund to work backing information technology companies in sectors like SaaS, security, and mobile computing. Their team takes a labor-intensive, service-oriented approach by providing operational assistance and making key introductions to customers and strategic partners.
| Year Founded | 2001 |
| Founders | Brandon Tidwell, Ron Heinz |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 83 (31 as Lead Investor) |
| Nº of Exits | 19 (1 IPO'd) |
Peterson Ventures backs early-stage entrepreneurs building companies in SaaS, digital commerce, and healthcare. They act as a dedicated partner to help founders navigate the challenges that come with rapid growth.
| Year Founded | 2008 |
| Founders | Joel Peterson |
| Total Funding | $253M |
| Average Check Size | $2.5M |
| Industries | SaaS, Healthcare, Fintech, Marketplace |
| Investment Stage | Early Stage, Seed, Pre-Seed |
| Nº of Investments | 240 (31 as Lead Investor) |
| Nº of Exits | 27 (3 IPO'd) |
| Top Portfolio Startups | Nyquistdata, Gritwell, Roster |
| Contact | contact@petersonpartners.com / +1 801 417 0748 |
Mercato Partners provides growth capital to technology and consumer companies that have moved beyond the startup phase and are ready to scale. They write initial checks of $7M to $20M to accelerate marketing and sales, primarily for companies in the American West and Midwest.
| Year Founded | 2007 |
| Founders | Alan Hall, Greg Warnock |
| Investment Stage | Early Stage, Late Stage, Private Equity |
| Nº of Investments | 47 (31 as Lead Investor) |
| Nº of Exits | 15 (5 IPO'd) |
| Contact | info@mercatopartners.com / +1 801.220.0055 |
Peterson Partners invests across a range of asset classes, from private equity to seed-stage ventures, to back founders looking for a genuine partner. The firm provides more than just capital, offering hands-on support to entrepreneurs building profitable, growth-oriented companies.
| Year Founded | 1995 |
| Founders | Joel Peterson |
| Investment Stage | Early Stage, Private Equity, Seed |
| Nº of Investments | 24 (10 as Lead Investor) |
| Nº of Exits | 5 (1 IPO'd) |
| Contact | jcarey@petersonpartners.com / 801.417.0748 |
As the strategic investment arm of Intermountain Healthcare, Intermountain Ventures funds early to growth-stage companies that are improving health. They partner with technology organizations and other firms to provide capital and strategic guidance for building better health systems.
| Year Founded | 2019 |
| Founders | — |
| Investment Stage | Early Stage |
| Nº of Investments | 26 (1 as Lead Investor) |
| Nº of Exits | 6 (3 IPO'd) |
2 Additional Salt Lake City VC Firms Worth Pitching
Our top picks are just one part of a much bigger story in Salt Lake City's startup scene. A wider community of investors is also helping build the next generation of local companies.
Combined, these firms have backed more than 20 startups on their journey. The table below offers a closer look at other VCs helping shape the city's future.