Learn how to validate your startup idea by pre-selling it, for only $80 (includes a free 1-hour consultancy call).
100 Top Unicorns
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

100 Top Unicorns
Download The List of the 100 Highest-Valued Private Startups

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

100 Accelerators & Incubators
Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries and stages they generally invest in.

The Founder's Handbook
Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

The 8 Best Unicorn Startups in Utah

Ad

On Deck's Logo

On Deck is where top talent comes to accelerate their ideas and build companies, surrounded by a world-class community.

Utah is filled with successful companies that have raised millions of dollars in VC funding that came from some of the top investors in the world.

Many of these successes have turned into unicorns — private companies worth over $1 billion.

If you want to build the next unicorn in Utah, these 8 companies should be your inspiration.

The 8 Unicorns in Utah

Ad

On Deck's Logo

On Deck is where top talent comes to accelerate their ideas and build companies, surrounded by a world-class community.

Brex

Brex

Brex is an all-in-one business finance solution for growing companies.

Details of the startup:

  • Valuation:

    $12.30

    B (

    October 2018

    )

  • Country:

    United States

  • City:

    Draper

  • Started in:

    2017

  • Founders:

    Henrique Dubugras, Pedro Franceschi

  • Industries:

    Banking, Credit Cards, Financial Services, FinTech

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,490.12M

  • Number of funding rounds:

    11

  • Number of investors:

    52

here

Lucid Software

Lucid Software

Lucid Software develops products that help developers and service providers integrate voice into web applications and business processes.

Details of the startup:

  • Valuation:

    $3.00

    B (

    June 2021

    )

  • Country:

    United States

  • City:

    South Jordan

  • Started in:

    2010

  • Founders:

    Reiko Kinomoto

  • Industries:

    SaaS, Software, Telecommunications

  • Number of employees:

    1-10

  • Funding Amount:

    $420.00M

  • Number of funding rounds:

    2

  • Number of investors:

    No Data

here

Podium

Podium

Podium is a customer communication platform for businesses who interact with customers on a local level. It’s designed to help them communicate directly with their customers through e-newsletters and answering their questions, comments and suggestions in real time.

Details of the startup:

  • Valuation:

    $3.00

    B (

    April 2020

    )

  • Country:

    United States

  • City:

    Lehi

  • Started in:

    2014

  • Founders:

    Dennis Steele, Eric Rea

  • Industries:

    Collaboration, Consumer Reviews, Messaging, Software

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $422.22M

  • Number of funding rounds:

    7

  • Number of investors:

    13

here

Pattern

Pattern

Pattern is a provider of an accelerator platform for brands to scale faster on major online marketplaces.

Details of the startup:

  • Valuation:

    $2.25

    B (

    October 2021

    )

  • Country:

    United States

  • City:

    Lehi

  • Started in:

    2013

  • Founders:

    David Wright, Melanie Alder

  • Industries:

    Digital Marketing, E-Commerce, Logistics, Marketplace, Retail Technology

  • Number of employees:

    500-1,000

  • Funding Amount:

    $277.00M

  • Number of funding rounds:

    2

  • Number of investors:

    5

here

MX Technologies

MX Technologies

MX Technologies processes risk, identity and payment data to help fintech companies power new ways to manage money.

Details of the startup:

  • Valuation:

    $1.90

    B (

    January 2021

    )

  • Country:

    United States

  • City:

    Lehi

  • Started in:

    2010

  • Founders:

    Brandon Dewitt, Ryan Caldwell

  • Industries:

    Banking, Finance, Financial Services, FinTech

  • Number of employees:

    500-1,000

  • Funding Amount:

    $454.13M

  • Number of funding rounds:

    4

  • Number of investors:

    28

here

TaxBit

TaxBit

TaxBit is a cryptocurrency tax and accounting software that automates tax calculations and reporting on cryptocurrency transactions.

Details of the startup:

  • Valuation:

    $1.50

    B (

    August 2021

    )

  • Country:

    United States

  • City:

    Draper

  • Started in:

    2018

  • Founders:

    Austin Woodward, Bobby Clayson, Brandon Woodward, Justin Woodward

  • Industries:

    Accounting, Cryptocurrency, Financial Services, FinTech, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $235.75M

  • Number of funding rounds:

    6

  • Number of investors:

    26

here

Route

Route

Route elevates the online customer journey by providing a simple way to protect and track all of the user's orders.

Details of the startup:

  • Valuation:

    $1.25

    B (

    January 2022

    )

  • Country:

    United States

  • City:

    Lehi

  • Started in:

    2018

  • Founders:

    Evan Walker, Mike Moreno

  • Industries:

    Apps, E-Commerce, Mobile Apps, Real Time, Shipping, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $247.00M

  • Number of funding rounds:

    6

  • Number of investors:

    14

here

Venafi

Venafi

Venafi protects the keys and certificates that ultimately underpin the security of the Internet. They automate security for both traditional and cloud environments and help you protect your customers, partners, and employees while improving compliance.

Details of the startup:

  • Valuation:

    $1.15

    B (

    December 2020

    )

  • Country:

    United States

  • City:

    Salt Lake City

  • Started in:

    2000

  • Founders:

    Jayson Seegmiller

  • Industries:

    Cyber Security, Enterprise Software, Information Technology, SaaS, Security

  • Number of employees:

    250-500

  • Funding Amount:

    $475.68M

  • Number of funding rounds:

    6

  • Number of investors:

    9

here
The All-In-One Newsletter for Startup Founders

Every week, I’ll send you Failory’s latest interviews and articles and 3 curated resources for founders. Join +25,000 other startup founders!