More money for Utah startups as Kickstart closes on its fourth seed fund at $74 million
Summary
The large increase was driven by several institutional investors as well as several notable Utah entrepreneurs including Aaron Skonnard of Pluralsight , Jeremy Andrus of Traeger Grills , Ryan Smith of Qualtrics and Stephen Neeleman of HealthEquity .Kickstart tells TechCrunch it will continue to make “meaningful seed- and early-stage investments in startups and elite entrepreneurs based in the Mountain West.”According to Grow Utah , there are approximately forty-one angel, private equity and VC firms in the region to choose from when it comes to startup funding.The National Venture Capital Association has ranked Utah as “one of the fastest growing ecosystems over the past five years” and said it was tied for sixth by annual growth in number of companies receiving venture funding.Kickstart launched in 2008 to help startups in the area gain the funding needed to get off the ground.
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