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Top 10 Lehi Startups to Watch in 2026

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Lehi, Utah is a key hub within the state's growing technology sector, attracting companies across many industries. The local startup scene includes businesses in software, artificial intelligence, and real estate technology.

Property management platform Entrata leads with $707M in total funding. Meanwhile, newer ventures like renewable energy company Torus show the area's diversity, having raised $267M since 2021.

Below is our list of 10 Lehi startups worth keeping an eye on.

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Torus builds smart energy storage and management systems that empower homeowners and businesses to control their own power. The company's integrated products are designed to work with renewable sources, providing energy independence and cost savings.

Year Founded2021
FoundersNate Walkingshaw
Funding Amount$267M
Startup SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsICONIQ Capital, EPIC Ventures, Origin Ventures, Pelion Venture Partners, Magnetar Capital

Entrata builds a comprehensive property management platform used by operators in the multifamily housing industry. The software helps teams manage the entire resident lifecycle, from leasing and accounting to online payments and maintenance requests.

Year Founded2003
FoundersDave Bateman, Johnny Hanna
Funding Amount$707M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusPrivate Equity
Top InvestorsSilver Lake, Blackstone Group, Dragoneer Investment Group, Element Ventures, Jaws Ventures

NetDocuments develops a comprehensive cloud platform where legal professionals can manage the entire lifecycle of their work. The software combines secure document and email management with collaboration and workflow automation tools built for law firms.

Year Founded1999
FoundersKenneth Duncan
Funding Amount$30M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSecondary Market
Top InvestorsClearlake Capital Group, Warburg Pincus, Cove Hill Partners, Frontier Growth

Sirion offers an AI-powered contract lifecycle management (CLM) platform built for large enterprises. Their software helps businesses streamline the entire contracting process, from authoring and negotiation to ongoing management and analysis.

Year Founded2012
FoundersAditya Gupta, Ajay Agrawal, Claude Marais, Kanti Prabha
Funding Amount$171M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsPeak XV Partners, Tiger Global Management, Partners Group, Qualgro VC, Brookfield Growth

SchoolAI builds an AI-powered platform that gives educators tools for creating a more personalized classroom experience. The system is designed to save teachers time while providing the data necessary to better support individual students.

Year Founded2021
FoundersCaleb Hicks
Funding Amount$25M
Startup SizeFounding Team (1-10)
Last Funding StatusSeries A
Top InvestorsInsight Partners, The General Partnership, NextView Ventures, Peterson Ventures, Graph Ventures

Limble CMMS builds a modern, mobile-first platform that helps maintenance teams organize, track, and streamline their operations. The software is designed to be easy to use, which drives high adoption rates for managing work orders and preventive care.

Year Founded2015
FoundersBryan Christiansen, Jeff Babb, Miguel Ramos, Nathan Washburn, Patricia Sagastume
Funding Amount$97M
Startup SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsGoldman Sachs Growth Equity

Sequifi built an all-in-one platform that simplifies HR and payroll for businesses. Their software handles key functions like employee onboarding, benefits administration, time tracking, and compliance.

Year Founded2020
FoundersRoshan Kumar
Funding Amount$6.7M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsCervin Ventures, Tokyo Black, Frazier Group, Roshan Kumar

Route builds a post-purchase experience platform that gives e-commerce brands more control over the customer journey after checkout. Their software provides shoppers with visual package tracking, shipping protection, and options for carbon-neutral delivery.

Year Founded2018
FoundersMike Moreno
Funding Amount$288.5M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsMadrona, Craft Ventures, Sorenson Capital, FJ Labs, Riot Ventures

Clozd provides services and a technology platform dedicated to win-loss analysis. They help enterprise teams gather direct buyer feedback to understand the real reasons behind their sales outcomes.

Year Founded2017
FoundersAndrew Peterson, Spencer Dent
Funding Amount$55.8M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top InvestorsMadrona, Greycroft, Album VC

Podium provides a customer interaction platform that helps local businesses manage communications and payments in one place. Their tools consolidate everything from lead management and online reviews to text marketing and payments through a single inbox.

Year Founded2014
FoundersDennis Steele, Eric Rea
Funding Amount$422.7M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsAccel, Sorenson Capital, Sapphire Ventures, Y Combinator, IVP

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