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Salt Lake City

9 Most Established Startups in Salt Lake City

There are hundreds of fast-growing startups in Salt Lake City and we have compiled the 9 best ones in this blog article.

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There's no doubt that Salt Lake City has become a leading hub for technology-based startups.

Some of the world's most successful ones reside there.

Major factors behind Salt Lake City's success with these startups include an abundance of highly skilled talent, government support that includes tax incentives, and progressive attitudes towards startups.

Here's a list with 9 fast-growing startups located there.


9 Startups in Salt Lake City

1) Cotopaxi

1) Cotopaxi

Cotopaxi is an outdoor firm that creates outdoor products and experiences to help people get out of poverty.

Details of the startup:

  • Started in: 2014
  • Founders: Chad Whittaker, Davis Smith, Stephan Jacob
  • Industries: Consumer Goods, E-Commerce, Outdoors, Product Design, Retail
  • Number of employees: 51-100
  • Funding amount: $32,149,904
  • Number of funding rounds: 7
  • Number of investors: 20

You can find their website here.

2) BookClub

2) BookClub

BookClub is a virtual book club platform that connects readers and writers to discuss books in a new way.

Details of the startup:

  • Started in: 2020
  • Founders: Christine Murphy, David Blake, Emily Campbell, Eric Sharp
  • Industries: Collaboration, E-Learning, Education
  • Number of employees: 11-50
  • Funding amount: $26,000,000
  • Number of funding rounds: 2
  • Number of investors: 8

You can find their website here.

3) Salty.

3) Salty.

Salty Dot, Inc. is a technological business that specializes in Embedded Insurance®.

Details of the startup:

  • Started in: 2019
  • Founders: James Hall, Mona Eliassen
  • Industries: Insurance, InsurTech, UX Design
  • Number of employees: 11-50
  • Funding amount: $34,661,854
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

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4) Galileo Financial Technologies

4) Galileo Financial Technologies

Galileo is a payment processing solutions platform that offers AI fraud detection to its customers.

Details of the startup:

  • Started in: 2000
  • Founders: Clay Wilkes, Dave Wilkes
  • Industries: Banking, Financial Services, FinTech, IT Management
  • Number of employees: 101-250
  • Funding amount: $85,300,000
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

5) Breeze Airways

5) Breeze Airways

Breeze Airways is a new airline that is creating something truly unique for its passengers.

Details of the startup:

  • Started in: 2018
  • Founders: David Neeleman
  • Industries: Air Transportation, Customer Service
  • Number of employees: 101-250
  • Funding amount: $87,291,759
  • Number of funding rounds: 2

You can find their website here.

6) Finicity

6) Finicity

Finicity offers open banking services, as well as access to real-time financial data and analytics.

Details of the startup:

  • Started in: 1999
  • Founders: Nicholas Thomas, Steven Smith, Warren Rosner
  • Industries: Banking, Big Data, Cloud Data Services, Data Integration, Data Visualization, Financial Services, FinTech, Payments
  • Number of employees: 501-1000
  • Funding amount: $79,900,000
  • Number of funding rounds: 4
  • Number of investors: 2

You can find their website here.

7) Chargeback

7) Chargeback

Chargeback is a SaaS-based dispute management software that assists merchants in preventing and managing chargeback fraud.

Details of the startup:

  • Started in: 2011
  • Founders: Colin Kent, Danny Mitchell, Dave Wilkes, David Adams, John Munro, Khalid El-Awady, Nate Smith, Scott Stone, Yale Wong
  • Industries: Fraud Detection, Payments, SaaS, Software, Transaction Processing
  • Number of employees: 51-100
  • Funding amount: $15,043,940
  • Number of funding rounds: 6
  • Number of investors: 6

You can find their website here.

8) Filevine

8) Filevine

Modern, cloud-native SaaS solution that combines case management with intelligent communication to help businesses become more efficient than ever before.

Details of the startup:

  • Started in: 2014
  • Founders: Jim Blake, Nathan Morris, Ryan Anderson
  • Industries: Document Management, SaaS, Software
  • Number of employees: 101-250
  • Funding amount: $33,079,977
  • Number of funding rounds: 4
  • Number of investors: 3

You can find their website here.

9) Sarcos Robotics

9) Sarcos Robotics

Sarcos is a robotics firm that creates wearable and teleoperated industrial robotics to improve user safety and efficiency.

Details of the startup:

  • Started in: 1983
  • Founders: Ben Wolff, Stephen Jacobsen
  • Industries: Aerospace, Industrial Automation, Robotics, Wearables
  • Number of employees: 101-250
  • Funding amount: $96,125,000
  • Number of funding rounds: 4
  • Number of investors: 12

You can find their website here.

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