Locations

Lehi · UT, USA

Private financing in Lehi, aggregated from public sources.

$223.6M
Capital raised
21
Companies
34
Rounds
2012
First on record
2025-11-04
Latest round

Cooling Lehi drew $2.3M over the last 12 months, down 55% versus the prior 12 ($5.2M). Of 13 companies rankable against same-niche peers, 15% model over-valued and 46% under-valued.

Capital flow over time

Quarterly capital raised in Lehi.

2012-Q3 · $16.3M2012-Q32014-Q3 · $58.5M2015-Q1 · $585K2015-Q12017-Q1 · $5.2M2018-Q2 · $1.2M2018-Q22019-Q2 · $11.7M2019-Q3 · $1.8M2019-Q32019-Q4 · $209K2020-Q3 · $50.1M2020-Q32020-Q4 · $6.3M2021-Q1 · $5.0M2021-Q12021-Q2 · $4.0M2021-Q3 · $17.9M2021-Q32022-Q2 · $500K2022-Q4 · $14.2M2022-Q42023-Q1 · $15.9M2023-Q2 · $1.2M2023-Q22024-Q1 · $5.0M2024-Q2 · $400K2024-Q22024-Q3 · $2.7M2025-Q1 · $2.0M2025-Q12025-Q2 · $500K2025-Q3 · $337K2025-Q32025-Q4 · $2.0M
Sector mix
SectorCompaniesRoundsCapital
Other56$79.3M
Pharmaceuticals14$61.8M
Other Technology310$35.9M
Biotechnology14$23.9M
Software / Tech29$20.6M
Investment Vehicle11$2.0M
Top-funded companies
CompanySectorRaisedModeled value
Covalent Group, Inc.Other$50.0M$857.1M
Tolero Pharmaceuticals, Inc.Pharmaceuticals$61.8M$764.7M
AtTask, Inc.Other Technology$13.0M$360.6M
UBMF Holdings, LLCOther$15.1M$193.8M
Kiln Holdings, Inc.Other$8.5M$59.8M
Plansight, Inc.Other Technology$18.8M$31.5M
SSCP Income Fund, LLCInvestment Vehicle$2.0M$15.4M
Tactic Inc.Other$5.5M$11.3M
Attestiv Inc.Other Technology$4.1M$10.0M
Hit Labs, Inc.Software / Tech$15.7M$6.6M
Enzy Technologies LLCSoftware / Tech$4.9M$5.4M
Coconnect IncOther$2.5M$5.0M
Aj-2019-Mscf, LlcOther$209K$4.8M
Halia Therapeutics, Inc.Biotechnology$23.9M$1.1M
WeaveFintech
Shift HealthFintech
SamedayHR / Worktech
RemiProptech / Real Estate
SurgeSaaS / Software
ZaymoEcommerce / Retail
More in UT, USA

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Frequently asked
How much venture funding have companies in Lehi raised?
Companies based in Lehi have raised approximately $223.6M across 34 recorded financing rounds among 21 companies, aggregated from public sources.
Is startup funding in Lehi growing?
Lehi funding is currently cooling: capital raised over the last 12 months was down 55% versus the prior 12 months.
What sectors are most active in Lehi?
The most active sectors in Lehi by recorded financing are Other, Pharmaceuticals, Other Technology, Biotechnology. See the sector mix table for company and round counts.
Which are the most-funded companies in Lehi?
The most-funded Lehi companies in our coverage include Covalent Group, Inc., Tolero Pharmaceuticals, Inc., AtTask, Inc., UBMF Holdings, LLC, Kiln Holdings, Inc.. See the ranked table for disclosed capital and modeled valuations.