Grow Utah Ventures - Angel Group

Grow Utah Ventures

Angel Group | Kaysville, UT, United States
www.islandparkinvestments.com

Share your venture with Grow Utah Ventures

Grow Utah Ventures - Angel GroupDave Norton
General Manager

Dr. David G. Norton Norton has 43 years of industrial experience in high-tech companies. His industrial career began with IBM. After 16 years with IBM, Norton left to become a co-founder of IOMEGA. He then founded and served as Director of Utah Research Institute, a division of Utah State Univers... More

Grow Utah Ventures - Angel GroupT. Craig Bott
General Manager

Craig has provided senior level management advice and council on strategy, marketing and management to hundreds of emerging and expanding businesses throughout the western United States. He directed Ernst and Young’s Entrepreneurial Management consulting services and owned and operated his own succe... More

Grow Utah Ventures - Angel GroupAlan E Hall
General Manager

Mr. Hall is the founder, former CEO and chairman of MarketStar Corporation an outsourced global marketing and sales organization, which helps thirty of the world’s largest high technology companies generate billions of dollars in revenues from the small to medium business space. The company has seve... More

Grow Utah Ventures - Ideal Startup Investment

Grow Utah Ventures screens investments for a number of angel groups and public funds. As such, our preferred investments cover a wide range of industries and market sectors. In general we secure investments for early stage entrepreneurs- those that are in early sales or about to enter the market. Our investors prefer deals in the technology, services, manufacturing and sciences area. We place a heavy emphasis on sales and marketing and look for investments that clearly address a specific market need and have a sound understanding of how to get their product into the market.

Grow Utah Ventures Invests In These Industries

BiotechnologyIT Services
Business Products and ServicesMarketing / Advertising
Clean TechnologyMedical Devices and Equipment
Electronics / InstrumentationMobile
Financial ServicesNanotechnology
Healthcare ServicesOther
Industrial/EnergySoftware
Internet / Web ServicesTelecommunications

Grow Utah Ventures Invests In Companies That Have Reached The Following Milestones

Prototype Ready - $3M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only

Grow Utah Ventures Invests In Companies With These Funding Needs

  • Pre-money Valuation: USD500,000 - USD1,500,000
  • Capital Seeking: USD150,000 - USD700,000
  • Previously Raised: USD35,000 - USD55,000

Grow Utah Ventures Expects Their Investments To Generate

  • Expected Revenue By Year 5: USD6,000,000 - USD15,000,000
  • Expected Returns: 5x Investment - 10x Investment
  • Expected Years to Exit: 3 Years - 7 Years
  • Expected Years to Break Even: 1 Year - 2 Years

Grow Utah Ventures Investment Portfolio

Previous Investments
Klymit FundedKlymitPanoptic Security, Inc FundedPanoptic Security, IncHealth Behavior Innovations FundedHealth Behavior Innovations

Group's Activity

  • Applications in last 30 days: 13
  • Days average screening time: 171
  • Until first view: 44 days

Deal Funnel - Last 12 Months

New100%
In Progress0%
Invested0%

Group's Industry Expertise

  • Internet / Web Services (21 %)
  • Marketing / Advertising (21 %)
  • Retailing / Distribution (18 %)
  • Other (18 %)
  • Lifestyle (18 %)
  • Media and Entertainment (15 %)
  • Business Products and Services (15 %)
  • Consumer Products and Services (12 %)
  • IT Services (12 %)
  • Food / Drink (9 %)
  • Electronics / Instrumentation (9 %)
  • Travel (9 %)
  • Financial Services (9 %)
  • Computers and Peripherals (9 %)
  • Education (9 %)
  • Sports (9 %)
  • Telecommunications (6 %)
  • Mobile (6 %)
  • Healthcare Services (6 %)

Ask to Join as an Investor

Are you an accredited investor? Ask to join Grow Utah Ventures by filling out their Membership Application.