Park City Angels

Park City Angels is an angel investment group based in Park City, Utah, established in 2007. The organization comprises accredited investors who focus on seed-stage investments, having allocated over $50 million into promising business opportunities. With a strong emphasis on the software sector, particularly within Utah, Park City Angels seeks to make minority investments in early-stage companies. The active lifestyle and vibrant community of Park City have attracted experienced business leaders who contribute their expertise to the network. Additionally, Park City Angels facilitates high-quality networking and development forums for angel investors and mentors, fostering collaboration and growth in the early-stage investment landscape.

Andrew Gutman

Co-Founder

Stan Kanarowski

Co-Founder

Ted McAleer

Co-Founder and Board Member

Dan McPhun

Co-Founder

12 past transactions

Lula Convenience

Seed Round in 2022
Mission: Lula helps make existing inventories mobile to meet customer’s instant needs. At the center of our heart is sustainability: to deliver happiness while saving our planet. Vision: At Lula, we’re inspired by a single goal: empowering every store to deliver locally. We will modernize stores to enable their goods to be delivered to people that need items at a moment’s notice. We will make sure every need is met reliably and as fast as possible with the best customer experience in the world.

Sigo Seguros

Seed Round in 2021
Sigo Seguros is an insurance company based in Philadelphia, Pennsylvania, that operates an online platform focused on selling car insurance products and services. The platform allows users to search, compare, and purchase car insurance from various providers, facilitating a streamlined and transparent experience. Sigo Seguros specializes in offering non-standard, lower-cost policies tailored for the Latino market, utilizing data and automation to enhance service delivery. The platform features transparent pricing, does not require credit checks, and provides Spanish-language services, enabling users to efficiently obtain and manage their car insurance through digital tools.

Inherent Biosciences

Seed Round in 2021
Inherent Biosciences is a molecular diagnostics company that revolutionizes trial and error medicine and restore hope. The company does this by discovering what's inherent in our biology about the unexplained and translating discoveries into personal insights that inform actions. Inherent Biosciences develops medicines for treating pain, infertility, embryo quality, autism, rheumatoid arthritis, psoriatic arthritis, fetal heart disease, COVID-19, and many more.

Terroir AI

Pre Seed Round in 2020
Hybrid AI predictive resource planning for farms and food processors

Trace.com

Convertible Note in 2018
Trace.com operates in two distinct areas: genealogy and live-action content creation. In the genealogy sector, Trace specializes in uncovering family histories by accessing global historical records, providing personalized research through expert genealogists. This service aims to enrich users' understanding of their ancestral backgrounds by revealing stories, facts, and events related to their lineage. In the live-action content domain, Trace Live Network offers innovative technology, including the TRACER1 camera, which autonomously captures and streams video footage of subjects in real-time. Additional products include the FOLLOWR1 motorized gimbal, the FLYR1 quadcopter, and the DRIVER1 electric vehicle platform, all designed to enhance live-action content production. Based in Venice, California, Trace.com serves as a comprehensive platform for both genealogical exploration and advanced live-streaming solutions.

Vutility

Seed Round in 2016
Vutility, Inc. specializes in real-time utility monitoring and reporting through a mobile application designed to help consumers, businesses, and governments manage and reduce their water and energy consumption. Established in 2015 and headquartered in Sandy, Utah, the company employs its proprietary HotDrop technology to deliver accurate and timely information on utility usage. This enables users to monitor their consumption effectively, optimize energy use, and ultimately lower utility bills. Vutility serves various sectors, including commercial, solar, and utilities, aiming to promote sustainability while enhancing operational efficiencies.

Vutility

Seed Round in 2016
Vutility, Inc. specializes in real-time utility monitoring and reporting through a mobile application designed to help consumers, businesses, and governments manage and reduce their water and energy consumption. Established in 2015 and headquartered in Sandy, Utah, the company employs its proprietary HotDrop technology to deliver accurate and timely information on utility usage. This enables users to monitor their consumption effectively, optimize energy use, and ultimately lower utility bills. Vutility serves various sectors, including commercial, solar, and utilities, aiming to promote sustainability while enhancing operational efficiencies.

iVeena

Seed Round in 2015
iVeena Delivery Systems, Inc. is a biopharmaceutical company based in Salt Lake City, Utah, specializing in ophthalmology products. Founded in 2006 by Bala Ambati, the company focuses on developing innovative therapies for various ocular conditions. Its product line includes IVMED-10, IVMED-20, IVMED-80, and IVMED-85, which are aimed at treating post-cataract inflammation and pediatric myopia. Additionally, iVeena is engaged in research and development of novel drug candidates targeting conditions such as macular degeneration, diabetic retinopathy, and glaucoma. The company employs a unique drug delivery platform designed to enhance the ocular bioavailability of medications, facilitating effective treatment for both anterior and posterior segments of the eye. Currently, iVeena has several products in the late pre-clinical and research phases, focusing on advanced therapeutic solutions for ophthalmic diseases.

iVeena

Seed Round in 2015
iVeena Delivery Systems, Inc. is a biopharmaceutical company based in Salt Lake City, Utah, specializing in ophthalmology products. Founded in 2006 by Bala Ambati, the company focuses on developing innovative therapies for various ocular conditions. Its product line includes IVMED-10, IVMED-20, IVMED-80, and IVMED-85, which are aimed at treating post-cataract inflammation and pediatric myopia. Additionally, iVeena is engaged in research and development of novel drug candidates targeting conditions such as macular degeneration, diabetic retinopathy, and glaucoma. The company employs a unique drug delivery platform designed to enhance the ocular bioavailability of medications, facilitating effective treatment for both anterior and posterior segments of the eye. Currently, iVeena has several products in the late pre-clinical and research phases, focusing on advanced therapeutic solutions for ophthalmic diseases.

Veristride

Seed Round in 2015
Veristride, Inc. designs and develops shoe-based sensor technology which measures and provides active feedback on the users movement. The company was founded in 2011 and is based in South Salt Lake, Utah.

Tute Genomics

Seed Round in 2014
Tute Genomics is a cloud-based clinical genome interpretation platform that enables researchers and clinicians to utilize human genome data for scientific discovery and individualized treatment. It has developed the most advanced analytical methods for genome analysis by incorporating proprietary machine-learning algorithms into a cloud-based application that allows researchers to analyze and interpret entire human genomes and discover genes and biomarkers at an unprecedented rate. It was founded in 2012 and headquartered in Provo, Utah.
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