Since the start of 2008, 207 different VC investors have completed at least one deal in the state of Utah, according to PitchBook data. The number of deals completed in the state has increased for two straight years, while venture capital invested has risen four years in a row—from $107 million in 2010 to $673 million in 2014.
Last year's record total of VC invested in Utah was supported by $100M+ deals for three companies: Qualtrics (included Accel, Sequoia), Domo (GGV Capital, Greylock, Institutional Venture Partners) and InsideSales.com (KPCB, U.S. Venture Partners, Polaris Partners). The 12 most active investors in Utah during the timeframe are headquartered in the state, with the top five based specifically in Salt Lake City.
Top VC investors in Utah since 2008 and their investment counts: