Royal Street Ventures

Royal Street Ventures is a venture capital and private equity firm founded in 2012, headquartered in Park City, Utah, with an additional office in Kansas City, Missouri. The firm focuses on early-stage investments across various sectors, including health and wellness, transportation and logistics, action sports, tech security, data, education, specialty manufacturing, fintech, specialty chemicals, and pet care. It typically invests between $0.0001 million and $1 million in companies during funding rounds of $0.75 million to $5 million. Royal Street Ventures emphasizes active involvement in its portfolio companies by holding director seats on their boards, aiming to ensure strong governance and strategic guidance. The firm primarily targets companies located in the Mountain West, Midwest, Pacific Northwest, and California.

Laura Brady

Managing Partner

Maggie Kenefake

Venture Partner

Ben Rifkin

Venture Partner

Stephanie Spong

Venture Partner

Jeffrey Stowell

Managing Partner

32 past transactions

Notisphere

Seed Round in 2022
Notisphere, Inc. is a technology company based in Manhattan Beach, California, established in 2019. It specializes in developing a platform that enables medical device suppliers to electronically communicate product recalls and track acknowledgments from healthcare providers. This platform facilitates two-way, real-time communication, helping to reduce the time required to execute recalls. By ensuring that providers receive only relevant recall alerts, Notisphere minimizes patient exposure to recalled products and significantly decreases the operational burden on healthcare providers. Additionally, the platform monitors recall notices from regulatory agencies and cross-references inventory data to identify affected products, thereby enhancing collaboration and improving overall operational efficiency for both suppliers and providers.

Salad

Series A in 2022
Salad Technologies, Inc. is a company that focuses on harnessing the idle computing power of high-end gaming PCs to mine cryptocurrency. Founded in 2018 and based in Salt Lake City, Utah, it offers a software application that transforms this idle time into rewards such as subscriptions, gift cards, downloadable content, and hardware. The platform operates on a decentralized infrastructure, allowing it to provide a cost-effective alternative to traditional cloud services by reselling computational resources to various sectors, including Web3 crypto networks, AI research, and high-performance computing. Additionally, Salad Technologies has developed a payment gateway, SaladPay, which facilitates transactions for goods purchased with Salad Credit from its store.

MiResource

Seed Round in 2021
MiResource is working to make the world a mentally healthier place by connecting people with mental healthcare. We envision a world where every young person can access effective mental healthcare.

Aclaimant

Series B in 2021
Aclaimant offers a risk reduction platform designed to save time and money on workplace incidents and insurance. It engages the employee, employer, and insurance carrier in making workplace incidents everyone’s responsibility. The Aclaimant system comes with three great tools that are easy to use in reporting and resolving workplace incidents. The company was founded in 2013 and based in Chicago, Illinois.

Ravacan

Pre Seed Round in 2020
Ravacan is an analytics and collaboration platform tailored for industrial buyers and their suppliers. The platform focuses on purchasing and procurement, offering tools to analyze costs and manage supplier relationships effectively. It aids users in identifying suitable suppliers and navigating supply chain disruptions while automating repetitive tasks. Additionally, Ravacan provides functionalities for demand forecasting, product costing, and calculating return on investment. By enhancing supplier acquisition and reducing costs, the platform aims to increase productivity for global supply and commodity managers.

Aclaimant

Series A in 2020
Aclaimant offers a risk reduction platform designed to save time and money on workplace incidents and insurance. It engages the employee, employer, and insurance carrier in making workplace incidents everyone’s responsibility. The Aclaimant system comes with three great tools that are easy to use in reporting and resolving workplace incidents. The company was founded in 2013 and based in Chicago, Illinois.

Onward Rides

Seed Round in 2019
Onward Rides provides safe and reliable transportation for people needing assistance. From grocery deliveries to a ride to the doctor — its drivers are there to help. It connects caring drivers with older adults allowing them to live their lives. It was founded in 2018 and is headquartered in San Francisco, California.

Onward

Seed Round in 2019
Onward is designed and built by a team of expert technologists whose lives have been personally affected by addiction. They are on a mission to help restore Tech/Life Balance by developing scalable, affordable solutions that give each of us the ability to change our compulsive behaviors free of judgment and stigma. Together with our UCLA-based clinical advisors, Onward leverages the latest in data and behavioral science to bring innovative behavior-change solutions to a global audience.

Bellwethr

Seed Round in 2019
Bellwethr uses artificial intelligence to increase retention and revenue throughout the customer journey. Bellwethr started around the idea that machine learning and AI should be available to anyone, no matter their technical background. The business was founded in 2017 by Matt Moody, with the sole intention of making artificial intelligence simple enough for anyone to utilize it.

BacklotCars

Series B in 2019
BacklotCars is an online marketplace that simplifies wholesale automotive transactions for auto dealers, finance companies, and rental car businesses. Founded in 2014 and headquartered in Kansas City, Missouri, the platform eliminates the need for physical auctions by offering a seamless, end-to-end solution that includes vehicle inspections, transportation, and inventory finance services. It operates a 24/7 bid-ask marketplace, allowing users to engage in transactions in real time. By addressing common challenges associated with online vehicle sales, such as the need for certified inspections, BacklotCars enhances the selling and buying experience. The service is utilized by dealers across 46 states, promoting transparency and efficiency in the wholesale automotive market.

BacklotCars

Series A in 2018
BacklotCars is an online marketplace that simplifies wholesale automotive transactions for auto dealers, finance companies, and rental car businesses. Founded in 2014 and headquartered in Kansas City, Missouri, the platform eliminates the need for physical auctions by offering a seamless, end-to-end solution that includes vehicle inspections, transportation, and inventory finance services. It operates a 24/7 bid-ask marketplace, allowing users to engage in transactions in real time. By addressing common challenges associated with online vehicle sales, such as the need for certified inspections, BacklotCars enhances the selling and buying experience. The service is utilized by dealers across 46 states, promoting transparency and efficiency in the wholesale automotive market.

Apostrophe

Seed Round in 2018
Apostrophe, Inc. is a fintech company that specializes in providing a healthcare savings platform for self-insured employers. Founded in 2016 and based in Denver, Colorado, Apostrophe negotiates the lowest possible rates for healthcare services and pays providers directly, allowing it to pass savings onto its customers. The company offers an intelligent health benefits platform that is designed to be easily adopted by self-insured employers of any size. Apostrophe serves various regions, including rural Colorado, and aims to deliver cost-effective health benefits while providing support to its members. Formerly known as Airstream Health, Apostrophe has curated best practices into a plug-and-play health plan that enhances accessibility and efficiency for its clients.

RevUp Software

Series A in 2018
RevUp Software is bringing leading-edge, easy to use analytics to Non-Profits, Academic Institutions and Political Organizations. We help fundraisers, while working with existing software, create new ways to identify, target, and engage their networks.

Blueboard

Venture Round in 2018
BLUEBOARD INC. develops employee recognition and incentives platform for workplace. The company’s platform enables its clients to redeem rewards, experiences, and offerings that are offered to them by their employers. Its platform enables employees to redeem for experiential rewards offered by managers of technology startups and other companies. Additionally, it also develops a mobile application for clients to send rewards to their employees. The company was incorporated in 2012 and is based in San Francisco, California.

Main Street Data

Seed Round in 2018
Main Street Data Corp is a data-driven company focused on transforming the agricultural industry through advanced machine learning tools. Founded in 2016 and based in Kansas City, Missouri, the company develops applications that consolidate current and historical agronomic data, enabling farmers to benchmark yield performance and enhance their return on investment. Its primary product, Validator, provides insights into yield, yield gaps, and potential ROI in both bushels and dollars. Main Street Data applies sophisticated analytical techniques to large volumes of field data, serving diverse agricultural markets, including grain, cotton, and specialty crops. The company aims to deliver precise, rapid, and value-adding insights and tools to support risk management and decision-making in the agriculture sector.

PayIt

Convertible Note in 2018
PayIt, LLC is a Kansas City-based company founded in 2013 that specializes in developing cloud-based solutions to modernize government payments. Its platform simplifies interactions with state, local, and federal governments by offering a digital wallet and a user-friendly website. PayIt employs various technologies, including microservices, RESTful web services, and cloud-native development, to create a seamless experience for residents accessing essential government services. The company's innovative platform enables governments to accept digital payments securely across multiple devices, enhancing service delivery to constituents. Through its patent-pending mobile transaction platform, PayIt aims to foster collaboration among partners in the industry to improve government services.

Cheddar Up

Venture Round in 2017
Cheddar Up, LLC, founded in 2012 and based in Denver, Colorado, offers an online platform designed for easy collection of payments and information. The service allows users to manage group collections without the need for paper forms or traditional banking methods. Cheddar Up enables individuals and organizations to create collections quickly, share them, and receive payments from anyone, regardless of whether they have an account with the platform. In addition to facilitating payments, users can collect additional information such as t-shirt sizes or contact details, making it a versatile solution for various needs, including events, gifts, and fees. The platform streamlines the collection process, allowing users to focus on more important tasks.

Nimia

Venture Round in 2017
Nimia is a boutique video licensing platform specializing in stock footage, management, and distribution related products and services. These include a stock footage marketplace and digital asset management software. Top-tier brands and ad agencies license Nimia's exclusive curated footage for use in advertisements and projects. It was founded in 2012 and is headquartered in Seattle, Washington, United States.

Vector Legal Method

Seed Round in 2017
Vector Legal Method is a software-as-a-service litigation management platform, designed for lawyers by lawyers. Vector is the first collaborative platform that gives in-house attorneys centralized control of all their litigation cases. Through our proprietary technology, corporate legal departments gain: visibility into outside counsel activity, instant access to case information, increased control over the litigation process, and valuable time to refocus on strategic projects, all while significantly reducing billable costs.

Apostrophe

Seed Round in 2017
Apostrophe, Inc. is a fintech company that specializes in providing a healthcare savings platform for self-insured employers. Founded in 2016 and based in Denver, Colorado, Apostrophe negotiates the lowest possible rates for healthcare services and pays providers directly, allowing it to pass savings onto its customers. The company offers an intelligent health benefits platform that is designed to be easily adopted by self-insured employers of any size. Apostrophe serves various regions, including rural Colorado, and aims to deliver cost-effective health benefits while providing support to its members. Formerly known as Airstream Health, Apostrophe has curated best practices into a plug-and-play health plan that enhances accessibility and efficiency for its clients.

BacklotCars

Seed Round in 2017
BacklotCars is an online marketplace that simplifies wholesale automotive transactions for auto dealers, finance companies, and rental car businesses. Founded in 2014 and headquartered in Kansas City, Missouri, the platform eliminates the need for physical auctions by offering a seamless, end-to-end solution that includes vehicle inspections, transportation, and inventory finance services. It operates a 24/7 bid-ask marketplace, allowing users to engage in transactions in real time. By addressing common challenges associated with online vehicle sales, such as the need for certified inspections, BacklotCars enhances the selling and buying experience. The service is utilized by dealers across 46 states, promoting transparency and efficiency in the wholesale automotive market.

Pepper

Series B in 2017
Pepper offers an IoT operating system and service delivery platform that empowers enterprises to deploy sophisticated IoT solutions. The introduction of billions of new connected devices (and other "things") requires a new user-experience paradigm—one that enables both consumers and enterprises the ability to effectively manage, control, and engage with their increasingly connected worlds. Pepper solves the problems associated with this increased complexity through the combination of its user operating system and service delivery platform.

Kidizen

Series A in 2017
Kidizen, Inc. operates a resale marketplace that allows parents to buy and sell pre-loved clothing, gear, toys, accessories, and more for kids in the United States. Its community marketplace provides a storefront for moms to create run, earn money, and find the styles for their kids; connects moms with other moms through shared experiences and a shared sense of style; and allows moms to express themselves and go through motherhood together. The company also offers an iOS and Android application that enables users to connect, converse, buy, and sell kids' brands, as well as share brand passion and love of style. It offers products for girls, boys, toddlers, and babies. The company was formerly known as Itizen, LLC and changed its name to Kidizen, Inc. in May 2014. Kidizen, Inc. was founded in 2010 and is based in Minneapolis, Minnesota.

Aclaimant

Seed Round in 2017
Aclaimant offers a risk reduction platform designed to save time and money on workplace incidents and insurance. It engages the employee, employer, and insurance carrier in making workplace incidents everyone’s responsibility. The Aclaimant system comes with three great tools that are easy to use in reporting and resolving workplace incidents. The company was founded in 2013 and based in Chicago, Illinois.

Bend Labs

Seed Round in 2017
Bend Labs, Inc. develops and manufactures integrated motion measurement systems for remote healthcare. The company offers wearable soft sensor platform for measuring human motion, including Smart Knee, a power device with integrated sensors and low energy Bluetooth that tracks knee use and complex human movement in real time. It also provides bend, stretch, and pressure sensors; and an Android app and API that connects to its Bend platform via Bluetooth low energy. The company was incorporated in 2013 and is based in Salt Lake City, Utah.

Because Learning

Debt Financing in 2017
Because Learning is an education technology company that provides the unique opportunity to connect the universe to the classroom. With our next generation learning resources, students can over 120+ experiments from collecting their own data from using our hands-on sensor kit and lesson platform. We provide teachers with STEM curriculum resources, professional development, and hands-on materials that give students an experience that is truly out of this world.

PayIt

Series A in 2016
PayIt, LLC is a Kansas City-based company founded in 2013 that specializes in developing cloud-based solutions to modernize government payments. Its platform simplifies interactions with state, local, and federal governments by offering a digital wallet and a user-friendly website. PayIt employs various technologies, including microservices, RESTful web services, and cloud-native development, to create a seamless experience for residents accessing essential government services. The company's innovative platform enables governments to accept digital payments securely across multiple devices, enhancing service delivery to constituents. Through its patent-pending mobile transaction platform, PayIt aims to foster collaboration among partners in the industry to improve government services.

Teem, LLC

Series A in 2015
Teem, LLC is a software-as-a-service company based in Salt Lake City, Utah, specializing in meeting management and collaboration solutions. Founded in 2010 and formerly known as EventBoard, Inc., the company provides a cloud-based platform that includes tools for conference room scheduling, workspace management, visitor management, and analytics on space utilization. Teem's offerings help organizations enhance efficiency and optimize their work environments, catering to notable clients such as Stripe, Hawaiian Airlines, and Disney. The platform features visually appealing conference room displays and integrates seamlessly with popular calendar systems like Google Apps and Microsoft Exchange. Teem has established strategic partnerships with companies including Apple and Aruba Networks, and as of January 2020, operates as a subsidiary of iOFFICE, Inc.

Zane Benefits

Seed Round in 2015
Starting in 2006, Zane Benefits sought to bring the benefits of individual health insurance to business owners and their employees. Zane Benefits software has helped over 20,000 customers reimburse individual health insurance plans purchased independently of employment. Zane Benefits’ software has been featured on the front page of The Wall Street Journal, USA Today, and The New York Times. Zane Benefits was founded in 2006 in Park City, Utah. Zane Benefits is a subsidiary of PeopleKeep, Inc.

RackWare

Series A in 2014
RackWare offers mobility to the data center to leverage private, public, or hybrid cloud environments. RackWare enables seamless transfer of those images to any other data center (physical or cloud) and deployment on any physical, virtual, or cloud platform. It was founded in 2009 and headquartered in Fremont, California.

Dress Code Custom

Seed Round in 2012
Dress Code is a custom menswear brand — but we don’t operate a single storefront. Instead, our team of Style Consultants meet individually with each New Member to take measurements and customize each order. We’ve never built the same suit twice. Our business model not only provides an enhanced shopping experience, but it also eliminates the top 3 costs of retail: storefronts, inventory and overhead. This means that we’re able to cover a larger geography than a storefront, but do it at fraction of the cost. Sound different? That’s by design. Since everyone is unique, we like to learn about your personal style and current wardrobe before we start a custom product. Our business model allows us to offer a much more personalized experience that we bring straight to you. It also allows us to eliminate excessive inventory and storefront costs, so your dollar goes into quality suit components instead of a store’s square footage.