Royal Street Ventures

Royal Street Ventures is a venture capital and private equity firm founded in 2012, with headquarters in Park City, Utah, and an additional office in Kansas City, Missouri. The firm specializes in early-stage investments, focusing on sectors such as health and wellness, transportation and logistics, action sports, tech security, data, education, specialty manufacturing, fintech, specialty chemicals, and pet care. Royal Street Ventures primarily targets companies located in under-capitalized markets, including the Mountain West, Midwest, and Pacific Northwest, and prefers to invest between $0.0001 million and $1 million in funding rounds ranging from $0.75 million to $5 million. The firm actively participates in its investments by holding director seats on the boards of the companies it supports, ensuring that they have access to ongoing guidance and strategic direction.

Laura Brady

Managing Partner

Jeff Stowell

Managing Partner

Past deals in Utah

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.

Measured Analytics and Insurance

Venture Round in 2021
Operator of an analytics and insurance platform intended to provide insurance for protection against ransomware. The company's platform tracks client exposure in real-time and offers an analytics-based approach to cyber insurance, specifically quantifying specific exposure to ransomware attacks, enabling clients to solve specific problems, receive services to remediate losses and restore the business.

Salad

Seed Round in 2020
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.

Bend Labs

Seed Round in 2017
Bend Labs, Inc. specializes in the development and manufacturing of integrated motion measurement systems aimed at remote healthcare applications. The company has created a wearable soft sensor platform designed to measure human motion, featuring products like the Smart Knee, which includes integrated sensors and low energy Bluetooth technology to track knee usage and complex movements in real time. In addition to its primary offerings, Bend Labs provides bend, stretch, and pressure sensors, complemented by an Android app and API that facilitate connectivity with its platform. Founded in 2013 and headquartered in Salt Lake City, Utah, Bend Labs aims to enable sensor integration by collaborating with companies from the prototyping phase to large-scale commercial manufacturing and licensing. The company's innovative technology is expected to play a significant role in the future of smart garments, virtual reality gloves, and remote medical devices.

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.

Teem

Series A in 2015
Teem, LLC is a cloud-based software company headquartered in Salt Lake City, Utah, specializing in meeting management and workplace collaboration solutions. Founded in 2010 and formerly known as EventBoard, the company provides a comprehensive software-as-a-service platform that includes tools for conference room scheduling, visitor management, and workspace analytics. Teem's solutions enable organizations to optimize their office space and improve employee efficiency by offering insights into resource utilization. The company serves a wide range of clients, including notable names such as Stripe, Hawaiian Airlines, and Disney. Teem has established strategic partnerships with key technology providers, including Apple and BlueJeans, to enhance its offerings. In 2020, Teem became a subsidiary of iOFFICE, Inc. and continues to innovate in the field of workplace productivity.

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.

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.
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