VC  InnoVentures Capital Partners

http://www.innoventurescapitalpartners.com





     Office Locations:

268 South State
Suite 260
Salt Lake City, UT 84102
Phone: 801-741-4200
Fax: 801-741-4249

 

Stages:

  • Early


 

Industries:

  • Communications & Networking
  • Information Technology
  • Software & Internet

  •  

    Description:

    InnoVentures Capital Partners is the manager of the UTFC family of funds located in Salt Lake City, Utah. IVCP invests in small companies throughout the region by providing subordinated debt to start-up and growing businesses. The company fills a niche in the Utah venture capital network providing up to $1,000,000 to entrepreneurial companies. InnoVentures invests in companies throughout Utah and the neighboring states. The firm focuses on strong businesses that have too little collateral or operating history for traditional banks but have good potential for growth. InnoVentures acts as a catalyst in bridging Utah's capital gap by working as partners with venture capital firms, banks, and other investor groups to leverage its funds to increase the amount of private financing that developing businesses receive. InnoVentures typically invests up to $300,000 in a first time disbursement and provides subordinated debt financing up to $500,000. To ensure the long-term success of the companies it finances, InnoVentures monitors each company's progress and offers technical assistance in critical areas of business management.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Robert Lund
    Scott Stenberg CFO
    Steve Grizell Managing Director

     

    Portfolio companies include:


      Allegiance
        web link


      Cerberian
        web link


      CG4 Solutions
        web link


      Cogito
        web link


      CORDA Technologies
        web link


      Document Control Systems
        web link


      DriverTech
        web link


      FatPipe Networks
        web link


      FleetFly
        web link


      Funding Universe
        web link


      Independent Witness
        web link


      Infopia
        web link


      InGeo Systems
        web link


      MobileDataforce
        web link


      NetDocuments
        web link


      Numira Biosciences
        web link


      ProPay
        web link


      Property Solutions
        web link


      Q Comm
        web link


      Sandlot
        web link


      TCN
        web link


      Zorch Software
        web link


     

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