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Radar · High Tech in Utah

Best High Tech Companies in Utah, United States

The 251 best High Tech companies in Utah, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Vivint.

251companies tracked
$2.5Bdisclosed funding
0unicorns
83have raised
FLIAR INTELLIGENCE · HIGH TECH × UTAH

Our analysis of 306 High Tech companies

$95.7b in tracked funding; 95% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

306companies analysed
95%cloud-native stacks
2025funding peak (by rounds)
75unicorns
2017median founding year
376kcombined LinkedIn audience
43%of audience held by top 3
6companies hiring publicly (12 mo)

Ranked: Best High Tech companies in Utah

#CompanyDisclosed fundingLast roundEmployeesFoundedFounderPatents & IP focusRecent signals
1Vivint
Manufacturer of cloud-based smart security cameras for home applications
$1.0B85 mo ago11,275
11,275 → 8,560 (-24%) · sector median +33%
1999—1,064 patents
Integrated smart home security and energy management using sensor‑rich cameras and locks
2 launchs · 2 awards
2HZO Waterproof Technologies
Developer of water resistant coatings for electronics
$169M85 mo ago2,0002011——1 job opening
3Jump
Developer of an AI assistant platform for financial advisory firms
$105M6 mo ago—2023Adam Kirk
Co-Founder & CTO
2 patents
Media content logging and optimized barcode catalog systems for commerce applications
—
4SINTX
Manufacturer of silicon nitride and advanced ceramics for biomedical uses
40Patents top 16%Innovation top 19%Funding top 25%Moat top 35%
All 11 signals ▾
Patentstop 16%
Innovationtop 19%
Fundingtop 25%
Moattop 35%
Newstop 39%
Techtop 50%
Growthbottom 40%
Talentbottom 40%
Globalbottom 36%
Marketbottom 35%
Fin. healthbottom 25%
Patents: 173 patents matched (strict assignee match) · 126 filings since 2022 vs 47 in 2017-21
Innovation: 173 patents (top 12% of patent-holders) · 126 filings since 2022 vs 47 in 2017-21
rank vs industry peers · Fliar Intelligence Index 40/100
$100M15 mo ago41
41 → 57 (+39%) · sector median +33%
1996B. Sonny Bal
CEO & President
173 patents
Patents concentrated in health & consumer products
1 partnership · 1 expansion
5Palladyne AI
Developer of an AI robotic software platform for various industries
$93M19 mo ago—1983Ben Wolff
Co-Founder & CEO
—4 partnerships · 1 award
6Sarcos
Developer of multi-utility robots
$86M69 mo ago1522015Fraser Smith
Co-Founder
426 patents
Wearable robotic exoskeletons and advanced manipulation systems for human‑machine augmentation
—
7PassiveLogic
Provider of digital-twin technology-based solutions for construction projects
78Innovation top 15%AI top 15%Patents top 17%Funding top 21%
All 11 signals ▾
Innovationtop 15%
AItop 15%
Patentstop 17%
Fundingtop 21%
Growthtop 28%
Moattop 29%
Newstop 45%
Talentbottom 48%
Marketbottom 45%
Techbottom 42%
Globalbottom 39%
Innovation: 235 patents (top 3% of patent-holders) · 199 filings since 2022 vs 36 in 2017-21
AI: Holds AI/ML patents (G06N-family CPC)
rank vs industry peers · Fliar Intelligence Index 78/100
$80M9 mo ago852016Jeremy Fillingim
Co-Founder & CTO
235 patents
Patents concentrated in electrical & electronics
—
8LiveView Technologies
Provider of cloud-based integrated video surveillance systems
$71M44 mo ago2482005Bob Brenner
Co-Founder
—1 job opening
9THE VOID
Immersive virtual reality destination, blending physical and digital worlds
$70M80 mo ago2682014—13 patents
Patents concentrated in computing, sensing & instrumentation
—
10Fortem Technologies
Developer of airspace security and defense solutions for drone threats
62Innovation top 23%Product top 30%Moat top 31%Funding top 35%
All 10 signals ▾
Innovationtop 23%
Producttop 30%
Moattop 31%
Fundingtop 35%
Growthtop 42%
Talenttop 42%
Newsbottom 49%
Marketbottom 48%
Techbottom 47%
Globalbottom 45%
Innovation: 5 product lines · Deep-tech classification: Tech Hardware
Product: 5 distinct product lines · Company stage: Series B
rank vs industry peers · Fliar Intelligence Index 62/100
$69M1 mo ago119
119 → 137 (+15%) · sector median +33%
2016Adam Robertson
Co-Founder and CTO
——
11Clene Nanomedicine
Developer of therapeutics for the treatment of neurodegenerative diseases
29Funding top 29%Patents top 36%Tech top 41%Innovation top 47%
All 10 signals ▾
Fundingtop 29%
Patentstop 36%
Techtop 41%
Innovationtop 47%
Growthbottom 49%
Moatbottom 44%
Globalbottom 42%
Marketbottom 32%
Newsbottom 32%
Fin. healthbottom 15%
Funding: Raised $59.1M across 8 rounds · 8 rounds over 7 yrs (1.1/yr)
Patents: 78 patents matched (strict assignee match) · 10 filings since 2022 vs 60 in 2017-21
rank vs industry peers · Fliar Intelligence Index 29/100
$59M20 mo ago992012—78 patents
Continuous nanomaterial synthesis and gold nanocrystal production for neuroregenerative therapies
—
12Control4
Provider of smart home automation and control systems for residences
$56M174 mo ago1,3112003—176 patents
Smart home automation: networked device control, lighting, load monitoring, HDMI CEC, media streaming
1 launch
13Automile
Tech-enabled fleet management and vehicle tracking solution
$56M104 mo ago22013———
14Owlet
Provider of wearable socks for baby monitoring
$51M40 mo ago211
211 → 354 (+68%) · sector median +33%
2013Zack Bomsta
Co-Founder
——
15Tula Health
Provider of wearable devices for remote patient monitoring
$42M55 mo ago372018———
16Deepsee Analytics
Provider of AI agents designed for financial services process automation
69AI top 8%Funding top 33%Growth top 35%Tech top 36%
All 8 signals ▾
AItop 8%
Fundingtop 33%
Growthtop 35%
Techtop 36%
Talenttop 38%
Moattop 39%
Marketbottom 40%
Globalbottom 29%
AI: Classified as an agentic-AI company
Funding: Raised $30.7M across 1 rounds · 1 rounds over 5 yrs (0.2/yr)
rank vs industry peers · Fliar Intelligence Index 69/100
$31M5 mo ago482017Ken Saunders
Co-Founder & CFO & COO
—1 partnership · 1 award
17Midigator
Provider of merchant account monitoring and analytics tool
$30M98 mo ago12013—8 patents
Automated detection, matching, and response to payment transaction disputes and alerts.
—
18Salad
Provider of distributed GPU cloud services for AI and ML
78Tech top 18%AI top 30%Funding top 32%News top 34%
All 10 signals ▾
Techtop 18%
AItop 30%
Fundingtop 32%
Newstop 34%
Growthtop 35%
Moattop 39%
Talenttop 43%
Partnerstop 45%
Markettop 46%
Globalbottom 36%
Tech: 74 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services
AI: Classified as an AI company · Product described with: computer vision
rank vs industry peers · Fliar Intelligence Index 78/100
$27M21 mo ago492018Bob Miles
Founder & CEO
——
19Aqua-Yield
Provider of Nano-based aquaimization technology to increase crop nutrition and fertilizer uptake
$23M45 mo ago372014Mike Bullock
President and Founder
37 patents
Nanoparticle-coated controlled-release granular fertilizers for enhanced plant uptake
1 job opening · 1 launch · 1 expansion
20Blackrock Neurotech
Developer of medical devices for neurological therapies
$22M13 mo ago127
127 → 191 (+50%) · sector median +33%
2008Florian Solzbacher
Co-Founder & CSO
——
21Numetric
BI tool for traffic safety analysis
$22M73 mo ago25
25 → 38 (+52%) · sector median +33%
2015Nate Bowler
Chief Executive Officer
3 patents
Real-time data visualization with persistent view management in software interfaces
—
22Conductive
Developer of advanced conductive composites
$20M15 mo ago411996—5 patents
Adjustable working‑electrode electrochemical sensors for calibrated chemical detection
—
23Solid Carbon Products
Waste carbon dioxide to carbon nanotubes & nanofiber production technology provider
$18M173 mo ago72009Gay Wyn E. Quance
Co-Founder & CEO
——
24Chargeback
Cloud based platform for recovering lost merchant revenue in chargebacks
$16M72 mo ago2722007———
25Dreadnode
Developer of offensive security tools and AI red teaming platforms
$14M15 mo ago—2023Nick Landers
Co-Founder & CTO
—1 launch
26Converus
Biometrics-based identity verification and lie detection solution
$13M22 mo ago272013Todd Mickelsen
CEO
7 patents
Physiological and ocular-based deception and identity verification technologies
—
27Epitel
Provider of a wearable EEG recording system for epilepsy monitoring and control
53Moat top 25%Innovation top 27%Patents top 28%Funding top 34%
All 10 signals ▾
Moattop 25%
Innovationtop 27%
Patentstop 28%
Fundingtop 34%
Growthtop 35%
Talentbottom 49%
Techbottom 47%
Globalbottom 40%
Marketbottom 32%
Newsbottom 18%
Moat: Editorial + unicorn rating 7/10 · IP moat: 56 patents
Innovation: 56 patents (top 28% of patent-holders) · 47 filings since 2022 vs 9 in 2017-21
rank vs industry peers · Fliar Intelligence Index 53/100
$12M10 mo ago392007Mark Lehmkuhle
Founder & CEO
56 patents
AI-driven EEG monitoring devices for seizure detection and neurodiagnostic analytics
1 launch · 1 award
28Cogito
Emotion and conversation AI platforms
$12M255 mo ago—1994Paolo Lombardi
Co-Founder
52 patents
Patents concentrated in electrical & electronics
—
29Thermal Imaging Radar
Thermal radar for surveillance
$11M70 mo ago22
22 → 28 (+27%) · sector median +33%
2012Larry Price
Co-Founder & Manager
52 patents
Advanced thermal imaging cameras with panoramic video and AI-driven image analysis
1 launch · 1 partnership
30Moises
Developer of an audio intelligence platform and a musician's creative suite
$10M20 mo ago1232019Jardson Almeida
Co-Founder
——
31Pura
Online retailer of smart home fragrance diffusers and related scents
$9M75 mo ago151
151 → 268 (+77%) · sector median +33%
2014Bruno Lima
Co-Founder & CEO
—1 award
32Seerstone Development
Developer of technology converting CO2 emissions into sustainable industrial carbons
$9M13 mo ago—2011Gay Quance
CEO
——
33Active Care
Provider of a connected wearable for diabetes monitoring
$9M149 mo ago381997———
34Blyncsy
Provider of analytics solutions for smart city applications
$8M50 mo ago11
11 → 10 (-9%) · sector median +33%
2014—13 patents
AI-driven traffic management, connected vehicle data processing, and device proximity tracking solutions
1 launch · 1 expansion
35Teal Drones
Provider of military drones
$7M35 mo ago202014—21 patents
Modular UAV hardware, communication links, and motion‑based control systems for drones
1 job opening
36BioFi
Remote health monitoring systems
$6M56 mo ago152016Alexander Prokhorov
Co-Founder
——
37Cypher
Audio and high-performance mixed-signal solutions for mobile, consumer, and industrial applications
$6M110 mo ago122012—20 patents
Audio signal enhancement and multi‑microphone noise reduction technologies
—
38vSpatial
Provider of Windows and MacOS Remote Desktop tools for web browsers and XR Headsets, enhancing collaboration…
$4M111 mo ago142016Richard Platt
Chief Executive Officer
12 patents
Spatial computing platforms enabling collaborative 3D virtual environments and directional UI interfaces
—
39Attestiv
Developer of AI-powered digital media validation platform
$4M24 mo ago10
10 → 9 (-10%) · sector median +33%
2018Mark Morley
Co-Founder & COO
10 patents
Blockchain-based digital content authentication and perceptual video fingerprinting
—
40Wander
Developer of an application that transforms social media content into itineraries
$4M22 mo ago222021Aleksa Porter
Co-Founder & CMO
——
41Amiigo
Wearable fitness bands to track fitness
$4M147 mo ago—2012David Scott Cummings
Co-Founder & CEO
18 patents
Patents concentrated in health & consumer products
—
42Stitcher
Provider of financial intelligence software for cloud and technology spending
$3M1 mo ago—2024Udam Dewaraja
Co-Founder & CEO
—1 launch
433DPlusMe
Online casino resource providing honest reviews and guides for players
$3M129 mo ago—2014Tom Ngo
ex-CTO & Co-Founder
——
44Pickle
Provider of an AI-based conversational bot solution
$3M52 mo ago132020Birch Eve
Co-Founder & CEO
——
45SignGlasses
Provider of smart glasses for hearing-impaired students
$2M42 mo ago252017Korey Hocker
Co-Founder & President
3 patents
Real-time audio‑synced sign‑language interpretation with augmented audio overlay technology.
—
46Thrive Smart Systems
Provider of smart watering solutions for home gardeners
$1M14 mo ago32018Bryan Brittain
Co-Founder
——
47Care Weather
Provider or satellite-based weather forecasting services
$765K17 mo ago22019Alex Laraway
Cofounder
——
48Mindsmith
Developer of an AI-powered authoring tool for eLearning content creation
$550K11 mo ago—2022Zack Allen
Co-Founder
—1 job opening
49Care.Life
Provider of nurse call systems to assist patients
$369K3 mo ago82018Ezra Torres
Founder & CEO
——
503Dio
3D imaging technology for dentistry
$349K24 mo ago82018Douglas Hansen
CEO
14 patents
Advanced 3D medical X‑ray imaging hardware with rapid exposure, calibration, and modular head design
—

Top 12 High Tech companies in Utah

#1
Series B · Provo, Utah · founded 2016 · 119 employees
$69.1Mraised
▾

Developer of airspace security and defense solutions for drone threats. The company provides systems that combine sensors, command-and-control software, and autonomous interceptors. These systems defend military, government, and commercial operations from unauthorized drones. The company’s technology has been validated in operational deployments.

Fliar Intelligence Index™ 62how this company ranks against its industry peers
Innovation
top 23%
Product
top 30%
Moat
top 31%
Funding
top 35%
Growth
top 42%
Talent
top 42%
Innovation: 5 product lines · Deep-tech classification: Tech Hardware
Product: 5 distinct product lines · Company stage: Series B
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 10 curated direct competitors tracked
Audience (LinkedIn): 11k LinkedIn followers — 3.0% of this cohort's audience
Funding rounds
  • Apr 2026Series B$25M
  • Feb 2023Series B$17.8M
  • Mar 2021Series A$15M
  • Jun 2019Series A$14.5M
Founders & team
Adam RobertsonCo-Founder and CTOJon GruenChairman & Chief Executive Officer
Investors
Signia Venture Partners, DCVC, Lockheed Martin, Hanwha Aerospace, AIM13, Toshiba Corporation
Tech stack
Alpine.JsAnimate.CssBootstrapCloudflareCloudflare Bot ManagementCore-Js
#2
Series B · Salt Lake City, Utah · founded 2023
$104.6Mraised
▾

Developer of an AI assistant platform for financial advisory firms. The platform automates meeting preparation, notetaking, task creation, and follow-ups. It integrates with customer relationship management, conferencing, and calendar systems. The platform offers features such as sentiment analysis, client onboarding, and compliance management. It provides tools for data insights, advisor feedback, and contact management.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 13k LinkedIn followers — 3.5% of this cohort's audience
Funding rounds
  • Dec 2025Series B$80M
  • Jan 2025Series A$20M
  • Jun 2024Seed$4.6M
Founders & team
Adam KirkCo-Founder & CTOTim ChavesCo-Founder & COOParker EnceCo-Founder & CEO
Investors
Insight Partners, F-Prime Capital, Allianz, TIAA, Peterson Partners, Battery Ventures
Tech stack
AdrollAdroll Cmp SystemCloudflareCloudflare Bot ManagementCore-JsFacebook Pixel
#3
Series C · Salt Lake City, Utah · founded 2016 · 85 employees
$80Mraised
▾

PassiveLogic is a provider of digital-twin technology-based solutions for construction projects. It offers an autonomous solution for managing the building life cycle that includes tools for designing, building, operating, maintaining, and managing.

Fliar Intelligence Index™ 78how this company ranks against its industry peers
Innovation
top 15%
AI
top 15%
Patents
top 17%
Funding
top 21%
Growth
top 28%
Moat
top 29%
Innovation: 235 patents (top 3% of patent-holders) · 199 filings since 2022 vs 36 in 2017-21
AI: Holds AI/ML patents (G06N-family CPC)
Patents: 235 patents matched (strict assignee match) · 199 filings since 2022 vs 36 in 2017-21 · Latest publication 2026
Funding rounds
  • Sep 2025Series C$74M
  • Sep 2022Series B$15M
  • 2022Grant (prize money)$1.2M
  • Apr 2022Series B$15M
Founders & team
Jeremy FillingimCo-Founder & CTOTroy HarveyCo-Founder & CEO
Investors
Keyframe, Addition, Dreamit, DOE, Brookfield Asset Management, NVentures
#4
Series A · Salt Lake City, Utah · founded 2017 · 48 employees
$30.7Mraised
▾

Provider of AI agents designed for financial services process automation. These agents analyze data and automate banking tasks, providing transparency for compliance teams. The agents streamline labor-intensive tasks, improve operational efficiency, and unlock new revenue opportunities. They integrate with existing systems, enriching them with contextual intelligence to address financial market complexities.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
AI
top 8%
Funding
top 33%
Growth
top 35%
Tech
top 36%
Talent
top 38%
Moat
top 39%
AI: Classified as an agentic-AI company
Funding: Raised $30.7M across 1 rounds · 1 rounds over 5 yrs (0.2/yr) · Last round Series A (Jan 2026)
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 3k LinkedIn followers
Activity (LinkedIn): 1 partnerships · 1 awards (incl. BatteryNXT) announced in 12 mo
Funding rounds
  • Jan 2026Series A—
  • Mar 2021Series A$22.6M
Founders & team
Ken SaundersCo-Founder & CFO & COOSteve ShillingfordCo-Founder & CEO
Investors
ForgePoint Capital, AllegisCyber Capital, Signal Peak, Broadridge, Secure Octane Investments, Oquirrh Ventures
Tech stack
Amazon Web ServicesAosApple Icloud MailCloudflareCloudflare Bot ManagementCookieyes
#5
Seed · Hurricane, Utah · founded 2024
$3Mraised
▾

Provider of financial intelligence software for cloud and technology spending. This system normalizes cost data from various infrastructure and software sources to provide visibility into expenditures. It utilizes semantic modeling to map costs to specific business functions, products, and teams. The software integrates with existing data workflows to deliver cost insights to human decision-makers and automated agents. By standardizing financial data, the platform enables tracking of unit economics and forecasting of technology budgets based on operational demand.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 648 LinkedIn followers
Activity: 1 product launches announced in 12 mo
Funding rounds
  • May 2026Seed$3M
Founders & team
Udam DewarajaCo-Founder & CEOVarun MittalCo-Founder
Investors
Founders' Co-op, Plug and Play Tech Center, ASCEND
#6
Public · Salt Lake City, Utah · founded 1996 · 41 employees
$100.3Mraised
▾

Manufacturer of silicon nitride and advanced ceramics for biomedical uses. The company provides silicon nitride powder for use as an additive. It offers silicon nitride for spinal implants and prosthetic replacements. The company also provides composite three-dimensional printing services.

Fliar Intelligence Index™ 40how this company ranks against its industry peers
Patents
top 16%
Innovation
top 19%
Funding
top 25%
Moat
top 35%
News
top 39%
Tech
top 50%
Patents: 173 patents matched (strict assignee match) · 126 filings since 2022 vs 47 in 2017-21 · Latest publication 2026
Innovation: 173 patents (top 12% of patent-holders) · 126 filings since 2022 vs 47 in 2017-21
Funding: Raised $100M across 17 rounds · 17 rounds over 23 yrs (0.7/yr) · Last round Post IPO (Feb 2025)
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 1 partnerships · 1 expansions (incl. SINTX) announced in 12 mo
Funding rounds
  • Feb 2025Post IPO$5M
  • Jan 2025Grant (prize money)$227.1K
  • Oct 2023Grant (prize money)$2M
  • Sep 2022Grant (prize money)$227.1K
Founders & team
B. Sonny BalCEO & President
Investors
Oxford Finance, Evermore Investments, Zions Bank, NIH, HHS
Tech stack
Adobe Audience ManagerCdnjsCloudflareCloudflare Bot ManagementGodaddyGoogle Analytics
#7
Series A · Salt Lake City, Utah · founded 2007 · 39 employees
$12.5Mraised
▾

Provider of a wearable EEG recording system for epilepsy monitoring and control. It offers a scalp wearable medical-grade seizure monitoring system. The rechargeable device can be applied to the scalp by an adhesive and can be worn irrespective of time and location. The device is paired via Bluetooth with a mobile application that detects and records seizures. The obtained data can be then used by a doctor to optimize one's treatment and lifestyle.

Fliar Intelligence Index™ 53how this company ranks against its industry peers
Moat
top 25%
Innovation
top 27%
Patents
top 28%
Funding
top 34%
Growth
top 35%
Talent
bottom 49%
Moat: Editorial + unicorn rating 7/10 · IP moat: 56 patents
Innovation: 56 patents (top 28% of patent-holders) · 47 filings since 2022 vs 9 in 2017-21 · Deep-tech classification: Tech Hardware
Patents: 56 patents matched (strict assignee match) · 47 filings since 2022 vs 9 in 2017-21 · Latest publication 2026
Audience (LinkedIn): 4k LinkedIn followers
Activity (LinkedIn): 1 product launches · 1 awards announced in 12 mo
Funding rounds
  • Aug 2025Grant (prize money)$6.3M
  • Apr 2025Grant (prize money)$3.4M
  • Feb 2022Series A$12.5M
  • Dec 2019Seed—
Founders & team
Mark LehmkuhleFounder & CEO
Investors
CHV, Genoa Ventures, OSF HealthCare, Wavemaker 360, MedMountain Ventures, SLC Angels
Tech stack
Amazon Web ServicesBootstrapGoogle CloudGoogle Cloud CdnGoogle WorkspaceGsap
#8
Acquired · Salt Lake City, Utah · founded 2008 · 127 employees
$22.4Mraised
▾

Developer of medical devices for neurological therapies

LinkedIn Pulse recent public activity · Jul 2026
Audience: 41k LinkedIn followers — 11.0% of this cohort's audience
Funding rounds
  • May 2025Grant (prize money)$969.7K
  • Mar 2025Grant (prize money)$969.7K
  • Apr 2024Series B$12.4M
  • Sep 2023Grant (prize money)$1.5M
Founders & team
Florian SolzbacherCo-Founder & CSOMarcus GerhardtCo-Founder & CEO
Investors
re.Mind Capital, Europa, HHS, Military Health, 2050 Capital, Subversive Capital
Tech stack
BluehostBugherdCloudflareCore-JsGoogle AnalyticsGsap
#9
Public · Salt Lake City, Utah · founded 1983
$92.7Mraised
▾

Developer of an AI robotic software platform for various industries. It enables robots to observe, learn, reason, and act in real-time. It integrates diverse inputs for environmental awareness and precise task execution. The software adapts to variances without reprogramming, fostering autonomy and resilience. It promises efficiency, productivity, and safety enhancements across multiple sectors.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 25k LinkedIn followers — 6.7% of this cohort's audience
Activity: 4 partnerships · 1 awards (incl. IAI - Israel Aerospace Industries) announced in 12 mo
Funding rounds
  • Oct 2024Post IPO$6.9M
  • Sep 2020Series C$40M
  • Sep 2018Series B$30M
  • Sep 2016Unattributed$15.7M
Founders & team
Ben WolffCo-Founder & CEODenis GaragicCo-Founder & CTO
Investors
Caterpillar, SLB, Microsoft, General Electric, Cottonwood Technology Fund, DIG Investment
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAkamaiAmazon Web ServicesApple Icloud MailBackbone.Js
#10
Public · Salt Lake City, Utah · founded 2012 · 99 employees
$59.1Mraised
▾

Developer of therapeutics for the treatment of neurodegenerative diseases. The company focused on revolutionizing the treatment of neurodegenerative diseases such as amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS). Their approach centers on developing novel clean-surfaced nanotechnology therapeutics that target cellular energy impairments common in these diseases to restore and protect neuronal health and function.

Fliar Intelligence Index™ 29how this company ranks against its industry peers
Funding
top 29%
Patents
top 36%
Tech
top 41%
Innovation
top 47%
Growth
bottom 49%
Moat
bottom 44%
Funding: Raised $59.1M across 8 rounds · 8 rounds over 7 yrs (1.1/yr) · Last round Post IPO (Oct 2024)
Patents: 78 patents matched (strict assignee match) · 10 filings since 2022 vs 60 in 2017-21 · Latest publication 2025
Tech: 51 technologies across 3/8 capability areas · Cloud: Akamai, Amazon Web Services · Security: Cloudflare Bot Management, Hsts
Funding rounds
  • Oct 2024Post IPO$7.3M
  • Dec 2021Grant (prize money)$1M
  • May 2021Post IPO$9.2M
  • Aug 2020Series D$42.5M
Investors
Maryland, National MS Society, FightMND, Crocker Ventures, KSV Global, Pulsar Capital Management
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAkamaiAmazon Web ServicesBackbone.JsCloudflare
#11
Funding Raised · Heber City, Utah · founded 1996 · 41 employees
$20Mraised
▾

Developer of advanced conductive composites. It offers conductive polymers and composites that resemble metals in conductivity. Its product portfolio includes nickel-coated fibres, non-wovens, nanostrands, and integrated products. Their features include electromagnetic shielding, high tensile strength and malleability. It caters to the defence, medical, aerospace, consumer and specialty construction sectors.

Funding rounds
  • Mar 2025Grant (prize money)$20M
Investors
Military Health
#12
Funding Raised · Provo, Utah · founded 2011
$9.1Mraised
▾

Developer of technology converting CO2 emissions into sustainable industrial carbons. The technology utilizes standard industrial equipment to transform waste CO2 into solid carbon. The process produces distilled water as the byproduct. The resulting carbon material has applications across multiple industries.

Funding rounds
  • Apr 2025Grant (prize money)$8.9M
  • Jun 2020Grant (prize money)$193.5K
Founders & team
Gay QuanceCEO
Investors
OSTI

Funding & investor landscape

$2.5Btotal disclosed funding
71companies funded
229disclosed rounds
2rounds last 90 days
Most active investors
Kickstart Seed Fund7 rounds
ventureCapital.org7 rounds
Campus Founders Fund6 rounds
Pelion Venture Partners5 rounds
National Science Foundation4 rounds
Peterson Partners4 rounds
Signal Peak4 rounds
America’s Seed Fund3 rounds
BoomStartup Accelerator3 rounds
HHS3 rounds

Notable founders

Adam Robertson
Co-Founder and CTO · Fortem Technologies
Jon Gruen
Chairman & Chief Executive Officer · Fortem Technologies
Adam Kirk
Co-Founder & CTO · Jump
Tim Chaves
Co-Founder & COO · Jump
Jeremy Fillingim
Co-Founder & CTO · PassiveLogic
Troy Harvey
Co-Founder & CEO · PassiveLogic
Ken Saunders
Co-Founder & CFO & COO · Deepsee Analytics
Steve Shillingford
Co-Founder & CEO · Deepsee Analytics
Udam Dewaraja
Co-Founder & CEO · Stitcher
Varun Mittal
Co-Founder · Stitcher
B. Sonny Bal
CEO & President · SINTX
Mark Lehmkuhle
Founder & CEO · Epitel
Prism market signals · United States · country-scoped Prism corpus, 3,636,199 docs

Market landscape — 10 sub-themes by coverage

Share of High Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH IN UTAH · Hardware

How research on Semiconductors in Utah is moving

A read on the academic research around Semiconductors in Utah — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 41 papers.

Utah's University of Utah and Utah State University optimistically advance semiconductor materials, device design, and low-power VLSI, with breakthrough-dominant research skewing heavily pre-2020.

41 papers · stance +0.61 · 56% breakthrough · 3% concern
breakthrough · advancement · concern
top institutions
  • University of Utah29
  • Utah State University9
  • Southern Utah University2
  • Utah State University Space Dynamics Laboratory1
leading researchers
Pierre‐Emmanuel Gaillardon · Chris J. Myers · Koushik Chakraborty · Sanghamitra Roy · Scott Little · David Walter
prism intelligence · tone & topics
88% positive · 2% critical tone
Computer ScienceElectronicsArtificial IntelligenceMaterials ScienceTelecommunicationsNetworking
▲ Breakthroughs19 · 46%
▼ 48%→33% share
▼0.7× share momentum4 median citations26% since 2021mostly methods-led
Transistor and embedded-system breakthroughs cooling — breakthrough field-share dropped from 48% to 33% across 41 papers.
rising sub-themes (early→recent)
  • Transistor4
  • Mixed-signal integrated circuit3
  • Embedded system3
  • Electronic engineering3
  • Asynchronous communication2
Landmark The Design of Integrated Circuits to Observe Brain Activity · 326 cites
◆ Advancements14 · 34%
▲ 36%→44% share
▲1.2× share momentum3 median citations29% since 2021mostly methods-led
Advancements intensifying — electronic-engineering and mixed-signal integrated-circuit research drove field-share from 36% to 44%.
rising sub-themes (early→recent)
  • Electronic engineering3
  • Mixed-signal integrated circuit3
  • CMOS2
  • Transistor2
  • Design flow2
Landmark Verification of Analog/Mixed-Signal Circuits Using Symbolic Methods · 35 cites
▼ Concerns1 · 2%
0%→0% share
0 median citations0% since 2021mostly position pieces
Moore's law and computation concerns newly emerging, though field-share remains negligible at 0%.
rising sub-themes (early→recent)
  • Moore's law1
  • Computation1
  • Transistor1
  • Electronic circuit1
  • Integrated circuit1

Common questions

How many High Tech companies are there in Utah, United States?
Radar tracks 251 indexable High Tech companies headquartered in Utah, United States that meet our profile-completeness bar.
What is the total funding raised by High Tech companies in Utah, United States?
The High Tech companies in Utah, United States on this list have raised a combined $2.5B in disclosed equity funding across 71 funded companies.
Which is the highest-funded High Tech company in Utah, United States?
Vivint is the highest-funded High Tech company in Utah, United States, with $1B in disclosed equity funding.
How many High Tech companies in Utah, United States are funded?
71 of the 251 High Tech companies in Utah, United States on this list have disclosed at least one equity funding round.
How many High Tech unicorns are there in Utah, United States?
None of the High Tech companies in Utah, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Utah, United States High Tech companies?
The most active investors in Utah, United States High Tech companies on this list include Kickstart Seed Fund, ventureCapital.org, Campus Founders Fund, Pelion Venture Partners, National Science Foundation.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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