2019 Best Tech Startups in Utah

Powered by CrunchbaseThe Tech Tribune staff has compiled the very best tech startups in Utah. In doing our research, we considered several factors including but not limited to:

  1. Revenue potential
  2. Leadership team
  3. Brand/product traction
  4. Competitive landscape

Additionally, all companies must be independent (un-acquired), privately owned, at most 10 years old, and have received at least one round of funding in order to qualify.

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1. Divvy

Divvy

Founded: 2016

“Divvy is a secure financial platform for businesses to manage payments and subscriptions, build strategic budgets, and eliminate expense reports. By integrating real-time tracking for every business transaction, Divvy provides organizations with instant insight into their spend. With Divvy, you can make informed cash flow decisions, curb losses before they happen, and never have to save a receipt again.”

2. Lucid Software Inc

Lucid Software Inc

Founded: 2009

Also honored in: 2018 Best Tech Startups in Utah

“Lucid is the parent company of two cloud-based visual productivity solutions: Lucidchart and Lucidpress. Lucidchart is an essential visual productivity platform that helps anyone understand and share ideas, information, and processes with clarity. Lucidpress is an intuitive design and brand management platform for creating on-brand content faster. Together, they are utilized in over 180 countries by more than 15 million users, including Amazon, Delta, Visa, Toyota, Procter & Gamble, and 96 percent of the Fortune 500. Lucid’s partners include industry leaders such as Google, Atlassian, Amazon Web Services, Salesforce, and Microsoft. Since the Utah-based company’s founding in 2009, it has received numerous awards for its business and workplace culture.”

3. Recursion Pharmaceuticals

Recursion Pharmaceuticals

Founded: 2013

Also honored in:

“Recursion Pharmaceuticals has developed a powerful drug discovery platform involving millions of rapid, automated experiments and analysis to discover new therapeutics. Our platform has resulted in the massive parallelization of drug discovery. We have deployed this platform in pursuit of drugs for the treatment of rare genetic diseases. We partner or out-license these leads to major pharmaceutical companies early in development. Our horizontal business model focused on discovery accelerates our impact and reduces our costs by avoiding slow and costly in-house development, and allows us to spread risk across many new therapeutic opportunities.”

4. Podium

Podium

Founded: 2014

Also honored in:

“We believe that every business should participate in building a thriving local ecosystem. So we’re building tools that make interacting easier and more convenient for everyone.

We started with a single product that helps businesses collect and manage reviews on the sites that matter most. But that was just the beginning. We’ve since released Messenger to help make interactions between businesses and consumers more convenient and analysis tools like Sentiment Report to provide quicker, deeper insights into what consumers love most about your business.”

5. MX Technologies

MX Technologies

Founded: 2010

Also honored in: 2018 Best Tech Startups in Utah

“DATA FOR BETTER BANKING

MX enables financial institutions and fintech companies to gather, enrich, present, and act on data — resulting in dramatic gains to the bottom line.”

6. Canopy

canopy

Founded: 2014

Also honored in: 2018 Best Tech Startups in Utah

“Canopy creates tax and accounting software that simplifies your practice so you can help more clients. Canopy’s Practice Management lets you connect every element of your practice with features ranging from CRM to project management. Our Tax Resolution lets you shave hours off every case with smart automation and instant calculations. With our free Transcripts tool you can pull IRS transcripts in as little as 2 minutes.”

7. Simplus

Simplus

Founded: 2014

“Simplus is a global Platinum Salesforce Partner and the industry leader in Quote-to-Cash implementations, providing enterprise-wide digital transformation through advisory, implementation, change management, custom configuration, and managed services. Guided by the mantra, “success simplified,” we use leading cloud solutions to help companies achieve a strategic vision, improve performance, and increase value to stakeholders. With more than 4000 clients and a customer satisfaction rating in the top 1% of all Salesforce partners, Simplus helps companies improve, innovate, and grow.”

8. Artemis Health

Artemis Health

Founded: 2013

Also honored in:

“At Artemis Health, we are striving to help fix healthcare in America. We’re making it easy for self-insured employers to use their own benefits data to reduce spending and improve benefits for their employees.

Because we believe that everyone should have good healthcare they can afford.”

9. Lendio

Lendio

Founded: 2011

“Lendio is an online service that helps businesses find the right small business loan within minutes. Lendio makes small business loans simple by matching qualified small business owners with active banks, credit unions, and other lending sources.

We fuel the American dream, that’s our passion.”

10. Owlet Baby Care

owlet

Founded: 2013

Also honored in: 2018 Best Tech Startups in Utah

“Owlet Baby Care is a health technology company founded by a team of parents in 2013. The company’s flagship product is the Smart Sock Baby Monitor, which uses pulse oximetry technology to track a baby’s heart rate and oxygen levels during sleep. Owlet’s mission is to empower parents with the right information at the right time.”

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