Investments
37Funds
2About InnoVentures Capital Partners
InnoVentures Capital Partners is the manager of the UTFC family of funds located in Salt Lake City, Utah. It invests in small companies throughout the region by providing subordinated debt to start-up and growing businesses. It fills a unique niche in the Utah venture capital network providing up to $500,000 to entrepreneurial companies.
Want to inform investors similar to InnoVentures Capital Partners about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest InnoVentures Capital Partners News
Jan 4, 2013
By FinSMEs Salt Lake City-based InnoVentures Capital Partners is raising capital for its third fund. InnoVentures which aims to raise $20m, has been preliminarily approved for the Fast Track application process for a license as a Small Business Investment Company. Led by small business finance veterans Steve Grizzell, Scott Stenberg and Eric Petersen, InnoVentures provides growth capital to innovative small businesses in Utah and the western region. It offers loans from $25k to $1m. FinSMEs
InnoVentures Capital Partners Investments
37 Investments
InnoVentures Capital Partners has made 37 investments. Their latest investment was in Bemyvega as part of their Seed VC on September 9, 2023.
InnoVentures Capital Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/12/2023 | Seed VC | Bemyvega | $0.68M | Yes | 1 | |
10/8/2015 | Series A | ASPIRE Beverage Company | $7M | Yes | 1 | |
8/22/2014 | Series A | MobileDay | $6.6M | Yes | 2 | |
11/7/2007 | Debt | |||||
7/6/2005 | Debt |
Date | 9/12/2023 | 10/8/2015 | 8/22/2014 | 11/7/2007 | 7/6/2005 |
|---|---|---|---|---|---|
Round | Seed VC | Series A | Series A | Debt | Debt |
Company | Bemyvega | ASPIRE Beverage Company | MobileDay | ||
Amount | $0.68M | $7M | $6.6M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 2 |
InnoVentures Capital Partners Fund History
2 Fund Histories
InnoVentures Capital Partners has 2 funds, including UTFC Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
1/24/2008 | UTFC Fund II | Venture Leasing | Closed | $12M | 1 |
12/1/2001 | UTFC Financing Solutions |
Closing Date | 1/24/2008 | 12/1/2001 |
|---|---|---|
Fund | UTFC Fund II | UTFC Financing Solutions |
Fund Type | Venture Leasing | |
Status | Closed | |
Amount | $12M | |
Sources | 1 |
InnoVentures Capital Partners Team
4 Team Members
InnoVentures Capital Partners has 4 team members, including current Chief Executive Officer, Bruno Dureux Parize.
Name | Work History | Title | Status |
|---|---|---|---|
Bruno Dureux Parize | Chief Executive Officer | Current | |
Name | Bruno Dureux Parize | |||
|---|---|---|---|---|
Work History | ||||
Title | Chief Executive Officer | |||
Status | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.
