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The Full List of 4 Unicorn Startups in Lehi (2026)

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Lehi, Utah is home to four unicorn startups. The group is led by property management software company Entrata, which has a $4 billion valuation.

The city's other major private companies include customer communication platform Podium, valued at $3 billion, and fintech firm MX Technologies.

Below is the full list of 4 Lehi unicorn startups at this time.

Top 4 Most Valuable Lehi Unicorns

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Entrata develops a comprehensive property management platform built for the multifamily housing industry. Their software streamlines operations for property owners and managers, handling everything from leasing and payments to accounting.

Valuation$4B
Year Founded2003
FoundersDave Bateman, Johnny Hanna
Funding Amount$707M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusPrivate Equity
Top InvestorsDragoneer Investment Group, Jaws Ventures, Blackstone Group, Element Ventures, Silver Lake

Podium created a communication and marketing platform that helps local businesses manage all their customer interactions in one place. Their platform brings together tools for online reviews, payments, and text message marketing, simplifying how businesses connect with their community.

Valuation$3B (Joined April 2020)
Year Founded2014
FoundersDennis Steele, Eric Rea
Funding Amount$422.7M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsSorenson Capital, Y Combinator, Sapphire Ventures, IVP, Accel

MX Technologies builds a financial data platform that helps organizations access and act on financial data. They provide tools that power data-driven money experiences, from account aggregation to personalized financial guidance.

Valuation$2B
Year Founded2010
FoundersBrandon Dewitt, Ryan Caldwell
Funding Amount$450M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsBattery Ventures, Industry Ventures, Canapi Ventures, TPG, TTV Capital

Route builds a post-purchase experience platform for e-commerce brands to turn one-time buyers into repeat customers. Their software provides visual package tracking, shipping protection, and seamless claims resolution for online shoppers.

Valuation$1.4B (Joined January 2022)
Year Founded2018
FoundersMike Moreno
Funding Amount$288.5M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsAlbum VC, Craft Ventures, Riot Ventures, Goldcrest Capital, Madrona

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