2018 Best Tech Startups in Utah

The 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. Health Catalyst

Health Catalyst

Founded: 2008

Also honored in: 2018 Best Tech Startups in Salt Lake City

“Health Catalyst is dedicated to enabling health care organizations to fundamentally improve care by building the most comprehensive and fully integrated suite of healthcare data warehousing and process improvement solutions available.

Health Catalyst was formed by a group of healthcare veterans with vast data warehousing and quality improvement experience. Our founders and executives collaborated for nearly a decade to revolutionize clinical process models using analytics. During development, they faced numerous hurdles in the quest to develop a data warehouse that could handle the complexities unique to healthcare data.”

2. tZero

tZero

Founded: 2017

“T ZERO is a leading financial technology company which owns, develops, and operates a suite of fintech solutions for capital markets. The T ZERO product offering consists of brokerage services, electronic private market place, digital brokerage and Blockchain project development.”

3. Recursion Pharmaceuticals

Recursion Pharmaceuticals

Founded: 2013

“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: 2018 Best Tech Startups in Salt Lake City

“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

“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

“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. Owlet Baby Care

owlet

Founded: 2013

“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.”

8. TaskEasy, Inc.

TaskEasy, Inc.

Founded: 2011

Also honored in: 2018 Best Tech Startups in Salt Lake City

“TaskEasy is a hyperlocal technology provider and the first company to apply automated services model nationwide with a primary focus on lawn care and yard maintenance ancillary services. The company’s mission is to make buying lawn maintenance services as easy for customers as buying products online, while helping reliable contractors generate more business. TaskEasy’s patent-pending formula establishes fair market pricing for these services in statistical metropolitan areas in all 50 U.S. states. This means customers and contractors don’t have to haggle on price and can instead focus on quality service delivery. Since its consumer launch in April 2013, TaskEasy has performed over one million tasks in over 12,000 cities across the U.S. and has established a network of more than 10,000 screened and rated contractors. The company is headquartered in Salt Lake City, Utah.”

9. Lucid Software Inc

Lucid Software Inc

Founded: 2009

“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.”

10. Weave

weave

Founded: 2008

“As the pace of innovation continues, it is growing more difficult to see the value of technology. Often meaningful information is inaccessible at the time it would be most beneficial. Weave threads together data, software and communication platforms to build stronger relationships at the point of contact by making valuable information instantly available in simple and intuitive formats. This delivers improved productivity, better collaboration and greater insights making it easier to meet the needs of patients and to build better business and clinical outcomes.”

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