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Kickstart Fund

From EverybodyWiki Bios & Wiki





Kickstart Fund
Private
ISIN🆔
IndustryVenture capital
Founded 📆September 2008
Founders 👔Gavin Christensen
Headquarters 🏙️, ,
Area served 🗺️
Mountain West
Key people
Dalton Wright
Curt Roberts
Al Soffe
Members
Number of employees
🌐 Websitekickstartfund.com
📇 Address
📞 telephone

Kickstart Fund, also known as the Kickstart Seed Fund, is a Utah-based[1] venture capital firm that works primarily with early-stage startups and growth-stage companies within the Mountain West region.[2][3] [4][5]

The firm has backed technology companies including Podium[6], Sondermind[7], Grain[8] and Lucid[9]

Founding and partnering

Kickstart Fund was founded in September 2008 by Gavin Christensen with partner Dalton Wright. In the same year, the company closed its first fund of $8 million.[10]

On April 29th, 2020, Kickstart Fund announced the oversubscribed close of Fund V at $110 million, raising its total assets under management to over $250 million.[11][12]

The firm is headquartered in Cottonwood Heights, Utah.

Investments

Kickstart Fund works with seed, early-stage and growth-stage investments. Its seed and early stage investments include Pura[13][14], Alumni[15], Spiff[16][17] and Sondermind[18][19]. The firm’s growth capital investments focus on more developed companies that require a larger amount of capital to expand their business such as Lucid[20][21], Chatbooks[22], Nav, Havenly[23], TaskEasy and Self.

Campus Founders Fund

Campus Founders Fund (CFF) is a venture fund that invests in student-run Utah-based startups. It was founded by Kickstart Fund in October 2014.

References

  1. "Kickstart Seed Fund Closes Largest Seed Fund Ever in Utah, Adds Two Industry Veterans to Management Team". finance.yahoo.com. Retrieved 2020-10-22.
  2. "Kickstart Seed Fund Closes Fourth Fund at $74 Million". Wall Street Journal. 2018-01-18. ISSN 0099-9660. Retrieved 2020-10-22.
  3. "Utah-based seed fund Kickstart closes fifth fund worth $110M". TechCrunch. Retrieved 2020-10-09.
  4. Irving, Fraser (January 17, 2018). "Kickstart Seed Fund rakes in $74m for fourth vehicle after attracting new LPs | AltAssets Private Equity News". Retrieved 2020-10-22.
  5. "The Daily Startup: Latest Kickstart Seed Fund Looks to Boost Utah Startups". Wall Street Journal. 2015-01-30. ISSN 0099-9660. Retrieved 2020-10-22.
  6. "Utah's Podium raises $125M Series C led by YC after reaching $100M ARR". TechCrunch. Retrieved 2020-10-09.[permanent dead link]
  7. "As demand for mental health services soars, SonderMind raises $27 million to expand its services". TechCrunch. Retrieved 2020-10-09.
  8. "Grain, a startup built expressly atop of Zoom, has raised $4 million". TechCrunch. Retrieved 2020-10-09.
  9. Raymond, Art (2020-04-29). "Kickstart ready to boost the next wave of stellar startups with new, $110 million fund". Deseret News. Retrieved 2020-10-09.
  10. Stauffer, McKenzie (2020-02-07). "'It was not easy': Company helps 'kickstart' entrepreneur dreams in Utah". KJZZ. Retrieved 2020-10-09.
  11. "Utah-based seed fund Kickstart closes fifth fund worth $110M". TechCrunch. Retrieved 2020-10-09.
  12. "Kickstart Seed Fund Announces the Close of $110 Million Fund V". finance.yahoo.com. Retrieved 2020-10-22.
  13. Newsdesk, HrNxt (2020-02-21). "PURA raises $4.4 mn seed funding led by Kickstart Seed Fund". hrnxt.com. Retrieved 2020-10-09.
  14. FinSMEs (2020-02-21). "Pura Raises $4.4M in Seed Funding". FinSMEs. Retrieved 2020-10-09.
  15. FinSMEs (2020-01-28). "Aumni Raises $10M in Series A Funding". FinSMEs. Retrieved 2020-10-09.
  16. "Spiff Announces $3M in Seed Funding". Silicon Slopes. 2019-06-19. Retrieved 2020-10-09.
  17. "Automating payments for the corporate sales force leads to a $10 million windfall for Spiff". TechCrunch. Retrieved 2020-10-09.
  18. "SonderMind lands $27M to expand its therapist matching, scheduling services". MobiHealthNews. 2020-04-07. Retrieved 2020-10-09.
  19. Hall, Christine (2020-04-07). "SonderMind Raises $27M Series B For Mental Health Accessibility". Crunchbase News. Retrieved 2020-10-09.
  20. "Utah-based seed fund Kickstart closes fifth fund worth $110M". TechCrunch. Retrieved 2020-10-09.
  21. Fund, Kickstart Seed (2020-04-29). "Kickstart Seed Fund Announces the Close of $110 Million Fund V". GlobeNewswire News Room. Retrieved 2020-10-09.
  22. "Chatbooks Secures $6 Million Series A Funding, Sells 1 Millionth Automatic Photo Book". www.businesswire.com. 2016-02-04. Retrieved 2020-10-09.
  23. "Havenly closes third round of funding". businessofhome.com. 2018-01-30. Retrieved 2020-10-09.

External links


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