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Venture Capital
innoventurescapitalpartners.com

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Investments

36

Funds

2

About 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.

InnoVentures Capital Partners Headquarter Location

699 East South Temple Suite 220

Salt Lake City, Utah, 84102,

United States

(801) 741-4200

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Latest InnoVentures Capital Partners News

InnoVentures Capital Partners to Raise $20M Third Fund

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

36 Investments

InnoVentures Capital Partners has made 36 investments. Their latest investment was in ASPIRE Beverage Company as part of their Series A on October 10, 2015.

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InnoVentures Capital Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

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

Pfadt Race Engineering

$0.2M

Yes

1

7/6/2005

Debt

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$99M

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10

4/1/2005

Debt

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$99M

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10

Date

10/8/2015

8/22/2014

11/7/2007

7/6/2005

4/1/2005

Round

Series A

Series A

Debt

Debt

Debt

Company

ASPIRE Beverage Company

MobileDay

Pfadt Race Engineering

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Amount

$7M

$6.6M

$0.2M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

2

1

10

10

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

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$99M

10

Closing Date

1/24/2008

12/1/2001

Fund

UTFC Fund II

UTFC Financing Solutions

Fund Type

Venture Leasing

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Status

Closed

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Amount

$12M

$99M

Sources

1

10

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

Steve Grizzell

Managing Director

Current

Scott Stenberg

Managing Director

Current

Damon Kirchmeier

Auxano Funding, UTFC Financing Solutions, and Westinghouse Electric

Owner

Former

Name

Bruno Dureux Parize

Steve Grizzell

Scott Stenberg

Damon Kirchmeier

Work History

Auxano Funding, UTFC Financing Solutions, and Westinghouse Electric

Title

Chief Executive Officer

Managing Director

Managing Director

Owner

Status

Current

Current

Current

Former

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