News

Salt Lake City-based Learn In announces $10 Million in Series A funding.

All of Washington County currently produces ~$6.5 billion in revenue annually, meaning that if projections prove correct, the Tech Ridge ecosystem by itself will boost local revenue by over 50%.

Elevation Capital, with a new office in Salt Lake City, has recently announced Fund VIII, a $670 million dollar fund, with emphasis on investing in Utah companies.

David Neeleman, founder and CEO of Breeze Airways recently announced plans to open a new Breeze Training Academy in Salt Lake City.

The participants plan to build something that has never been done before—an industrial-scale facility that, when completed, will produce massive amounts of so-called “Green Hydrogen” on site.

Purple Innovation, Inc. completed a public offering in March. Bank of America underwrote the public offering by buying 14 million shares of Purple Innovation’s Class A Common Stock and then reselling the securities through its distribution network.

Nearly 40 years after launching, ArbiterSports’ software now manages over seven million high school, collegiate, and rec league athletic events annually, touching over 50 million people per year.

Skill Struck has secured 2.8 million dollars in a round led by Orchard Ventures, with participation from individuals such as Aaron Skonnard, Davis Smith, and Sterling Snow.