January 30, 2015
Kickstart Seed Fund today announced the close of their Fund III, $39 million, at StartSLC Festival, the largest tech festival ever held in Utah. As they move forward, Kickstart Seed Fund will continue to invest in seed startups based in Utah and the Mountain West region.
Along with the news comes the announcement that two industry veterans will be joining the management team. Dalton Wright is joining as a partner and Curt Roberts will assume the role of Venture Partner.
The mission of Kickstart is to support the best entrepreneurs in Utah with capital, connections, and intelligence to launch hyper-growth companies into the world. And since 2008, Kickstart Seed Fund has been able to support more than 60 innovative companies; the founders in their portfolio are pushing frontiers, solving complex problems, and staking claims in rapidly growing global markets.
“We placed a big bet on Utah’s ecosystem and it’s paying off,” says Gavin Christensen, managing partner at Kickstart Seed Fund. “Utah is producing quality companies at an unprecedented rate, and we’re working to unite the community, providing companies with the support they need to succeed.”
According to the Associated Press, Provo and Salt Lake City ranked as two of the top 20 US cities for tech startup funding in 2014. We even had the mayor of Provo joined us at our 2014 Tech Cocktail Celebrate to talk about the many benefits his city has to offer.
“It’s an honor to be in this position and I’m excited to build the next wave of Utah startups at Kickstart,” says Wright. “We’ll continue to promote Utah’s tech ecosystem, and increase the probability and magnitude of successful outcomes for our portfolio companies.”
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