Album VC
Formerly | Peak Ventures |
|---|---|
| Private | |
| ISIN | 🆔 |
| Industry | Venture capital |
| Founded 📆 | 2014 |
| Founder 👔 | |
Area served 🗺️ | |
Key people | John Mayfield (general partner) Sid Krommenhoek (general partner) Diogo Myrrha (partner) |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Album VC (stylized Album; formerly Peak Ventures) is an American venture capital firm based in Lehi, Utah. The firm invests in early-stage technology companies, mainly at the pre-seed, seed and Series A stages, with a focus on software, software-as-a-service (SaaS), financial technology, healthcare services, life sciences and oncology businesses.[1][2]
History
Album VC was founded in 2014 under the name Peak Ventures and rebranded to its current name in 2019.[1] The firm is headquartered in Lehi, part of Utah's "Silicon Slopes" technology corridor, and is led by partners John Mayfield, Sid Krommenhoek and Diogo Myrrha.[3][4]
In June 2022 the firm announced its fourth fund, Album Ventures IV, with committed capital of about US$200 million, reported as roughly ten times the size of its debut fund.[3][5] By the mid‑2020s, public statements from the firm indicated that it had invested in more than 100 companies and managed over US$500 million in assets under management (AUM).[6]
Investment strategy
Album VC focuses on early-stage technology startups in the United States, with an emphasis on companies based in Utah and the broader Mountain West, as well as selected markets such as California and Austin, Texas.[7][8] The firm typically backs a small number of new companies per year and describes its approach as founder-focused and relationship-driven rather than high-volume, seed investing.[3][6]
Portfolio
Album VC has invested in more than 100 startups.[6] Companies backed by the firm include customer communication platform Podium, spend-management software company Divvy, open-banking data platform MX Technologies, case-management software provider Filevine, tax and accounting platform TaxBit, online self-storage marketplace Neighbor, learning platform Andela and communications company Weave, among others.[1][3][4]
See also
References
- ↑ 1.0 1.1 1.2 "Album VC". InforCapital. Retrieved 10 December 2025.
- ↑ "Album VC investment portfolio". PitchBook. Retrieved 10 December 2025.
- ↑ 3.0 3.1 3.2 3.3 Raymond, Art (15 June 2022). "Album VC sticking with high-touch, founder-focused approach as it launches new $200M fund". Deseret News. Retrieved 10 December 2025.
- ↑ 4.0 4.1 "Album". Album VC. Retrieved 10 December 2025.
- ↑ "Album Ventures IV: Fund performance". PitchBook. Retrieved 10 December 2025.
- ↑ 6.0 6.1 6.2 "Speaking on Business: Album VC". Salt Lake Chamber. Retrieved 10 December 2025.
- ↑ "Album VC – VC firm profile". Gaebler Venture Capital Database. Retrieved 10 December 2025.
- ↑ "Album VC". Angels Partners. Retrieved 10 December 2025.
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