Royal Street Ventures

Royal Street Ventures is a venture capital firm founded in 2012 and headquartered in Park City, Utah, with an additional office in Kansas City, Missouri. The firm focuses on investing in early-stage and growth capital companies, primarily targeting sectors such as health and wellness, transportation and logistics, technology security, education, fintech, and specialty manufacturing. Royal Street Ventures typically invests between $0.0001 million and $1 million in companies seeking funding rounds ranging from $0.75 million to $5 million. The firm emphasizes supporting its portfolio companies by holding director seats on their boards, ensuring that experienced members provide ongoing guidance and direction. With a specific interest in under-capitalized markets, Royal Street Ventures aims to foster innovation and growth in the Mountain West, Midwest, Pacific Northwest, and California regions.

42 past transactions

Paccurate

Series A in 2024
Paccurate reduces shipping costs and wasted material by finding the optimal way to pack every shipment. It is crafted with real-world fulfillment concerns in mind, but they make a special effort not to be rigid. Most features are generalized enough to support niche use cases. They work to deliver a secure, scalable service that can adapt to a variety of use cases.

Abett

Series A in 2024
Abett is a developer of software designed to manage healthcare data and costs effectively. The company provides a SaaS-based platform that simplifies, automates, and secures the transfer of human resources and healthcare data. By focusing on self-insured employers, Abett helps organizations track and reduce healthcare expenditures, promoting transparency and accountability within the healthcare system. Its software aims to empower employers with the necessary data to make informed decisions, ultimately enhancing outcomes and fostering competition in the healthcare market.

Treads

Seed Round in 2023
Treads is a developer of a mobile application focused on smart car management, offering a range of services to vehicle owners. The application allows users to subscribe to a monthly service that includes tire-related offerings such as tire rotation, installation, nail and screw repairs, and blown tire replacement. Additionally, it provides access to other essential vehicle services like alignments, oil changes, and wiper blade replacements. By integrating these services into a single platform, Treads aims to streamline the tire purchasing and maintenance experience for its users.

Salad Technologies

Series A in 2023
Salad Technologies, Inc. is a company based in Salt Lake City, Utah, that specializes in cryptocurrency mining using idle time from high-end gaming PCs. Founded in 2018, the company has developed a software application that allows gamers to convert their unused computing power into various rewards, including subscriptions, gift cards, downloadable content, and hardware. Additionally, Salad Technologies offers SaladPay, a payment gateway that facilitates purchases made with Salad Credit in its online store. By leveraging the capabilities of gaming PCs, Salad Technologies aims to create value for both gamers and the cryptocurrency market.

Clarity Security

Seed Round in 2023
Clarity Security, founded in 2020 and based in Dallas, Texas, specializes in a security platform that enhances identity governance practices. The platform automatically identifies and correlates identities across various infrastructures and applications, facilitating the deployment and management of role-based access control. It also collects comprehensive user access reports, which support clients in certifying access, automating account life cycles, and streamlining compliance processes. Through these capabilities, Clarity Security aims to improve the overall management of identities and access within organizations.

Paccurate

Seed Round in 2023
Paccurate reduces shipping costs and wasted material by finding the optimal way to pack every shipment. It is crafted with real-world fulfillment concerns in mind, but they make a special effort not to be rigid. Most features are generalized enough to support niche use cases. They work to deliver a secure, scalable service that can adapt to a variety of use cases.

Curavit

Series A in 2022
Curavit is a specialized company focused on designing and executing decentralized clinical trials. By leveraging their extensive experience in research and digital health technologies, they collaborate with clients to create tailored trial protocols. Each trial is overseen by an experienced principal investigator, who is an expert in the relevant disease area and is responsible for developing the study protocol and guiding the regulatory submission process. Curavit manages all aspects of participant recruitment, enrollment, and consent, ensuring a streamlined process. Additionally, the company monitors trial data in real-time to prioritize patient safety, adherence to protocols, and retention, which allows healthcare providers to effectively meet essential clinical research organization requirements and integrate with leading clinical applications.

NotiSphere

Seed Round in 2022
NotiSphere, Inc. is a technology company based in Manhattan Beach, California, founded in 2019. It has developed a platform that facilitates electronic communication regarding medical device recalls between suppliers and healthcare providers. The platform allows suppliers to send recall alerts directly to providers, who only receive notifications relevant to their specific inventory. This two-way, real-time communication significantly reduces the time required to manage recall events, minimizing the risk of patients being exposed to recalled products. Additionally, NotiSphere's system tracks acknowledgments from healthcare providers, enhancing collaboration and operational efficiency while reducing the effort and costs associated with executing recalls for both suppliers and providers.

Salad Technologies

Series A in 2022
Salad Technologies, Inc. is a company based in Salt Lake City, Utah, that specializes in cryptocurrency mining using idle time from high-end gaming PCs. Founded in 2018, the company has developed a software application that allows gamers to convert their unused computing power into various rewards, including subscriptions, gift cards, downloadable content, and hardware. Additionally, Salad Technologies offers SaladPay, a payment gateway that facilitates purchases made with Salad Credit in its online store. By leveraging the capabilities of gaming PCs, Salad Technologies aims to create value for both gamers and the cryptocurrency market.

Measured Analytics and Insurance

Venture Round in 2021
Measured Analytics and Insurance provides a data-driven approach to cyber insurance, quantifying specific exposure to ransomware attacks. Measured Insurance is bridging the gap between technology and insurance by using AI-powered analytics to create smarter insurance products by tracking individual exposure in real time. Every policy is tailored to the specific client, clearly identifying pre-event exposure in seven key areas and customizing post-event loss mitigation services with real experts, real people, and real help if needed. Measured Analytics and Insurance, based in Salt Lake City, Utah, was founded in 2018.

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, Inc. develops a comprehensive incident management system aimed at efficiently handling workplace-related incidents. The Aclaimant platform allows employees, employers, and insurance carriers to utilize a personalized dashboard for tracking incidents and reports, facilitating the incident resolution process. This system promotes collaboration among all parties involved, encouraging a shared responsibility for workplace safety. Aclaimant serves a diverse range of clients, including staffing firms, elder care facilities, small to medium-sized businesses, municipalities, insurance brokers, and carriers. Founded in 2013 and headquartered in Chicago, Illinois, Aclaimant is dedicated to reducing the time, effort, and costs associated with managing workplace incidents and related insurance claims.

Salad Technologies

Seed Round in 2020
Salad Technologies, Inc. is a company based in Salt Lake City, Utah, that specializes in cryptocurrency mining using idle time from high-end gaming PCs. Founded in 2018, the company has developed a software application that allows gamers to convert their unused computing power into various rewards, including subscriptions, gift cards, downloadable content, and hardware. Additionally, Salad Technologies offers SaladPay, a payment gateway that facilitates purchases made with Salad Credit in its online store. By leveraging the capabilities of gaming PCs, Salad Technologies aims to create value for both gamers and the cryptocurrency market.

Ravacan

Pre Seed Round in 2020
Ravacan is a provider of purchasing and procurement software tailored for commodity and supply managers. The platform offers a centralized solution for analyzing costs and managing suppliers, which helps users identify suitable suppliers while effectively navigating supply chain disruptions. It also automates various repetitive tasks, including demand forecasting, product costing, and ROI calculations. By streamlining these processes, Ravacan enables global supply and commodity managers to acquire suppliers, reduce costs, and enhance overall productivity.

Aclaimant

Series A in 2020
Aclaimant, Inc. develops a comprehensive incident management system aimed at efficiently handling workplace-related incidents. The Aclaimant platform allows employees, employers, and insurance carriers to utilize a personalized dashboard for tracking incidents and reports, facilitating the incident resolution process. This system promotes collaboration among all parties involved, encouraging a shared responsibility for workplace safety. Aclaimant serves a diverse range of clients, including staffing firms, elder care facilities, small to medium-sized businesses, municipalities, insurance brokers, and carriers. Founded in 2013 and headquartered in Chicago, Illinois, Aclaimant is dedicated to reducing the time, effort, and costs associated with managing workplace incidents and related insurance claims.

ChatLingual

Seed Round in 2020
ChatLingual enables companies to radically simplify their support teams. Our multichannel service platform empowers each Advisor to be your Best Advisor by removing barriers around language, technical skill set and tribal knowledge. With ChatLingual, Global Fortune 500’s are simplifying staffing models, increasing NPS scores, accelerating entry into new markets and driving efficiency across their customer care, sales, IT and HR support teams.

Onward

Seed Round in 2019
Onward Care, Inc. was a transportation and care service provider founded in 2018 and based in Mill Valley, California. The company focused on assisting seniors, caregivers, and patients by offering personalized transportation services, including pickup and drop-off, driver assistance, and related support such as grocery shopping and note-taking from medical appointments. Onward aimed to remove transportation barriers by ensuring that individuals, particularly those with mobility challenges, could safely and comfortably access essential services. The company operated through an application that facilitated service booking in several regions of California, including San Francisco and San Jose. However, Onward Care ceased operations in 2021.

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 Inc. is a company that specializes in developing a customer decision optimization platform aimed at enhancing business processes through artificial intelligence and machine learning. Founded in 2017 and based in Wamego, Kansas, Bellwethr's platform automates personalized, next-best actions during critical events in the customer journey, thereby improving customer retention and lifetime value. The company focuses on making machine learning and AI accessible to users regardless of their technical expertise, enabling subscription-based businesses to optimize their customer lifecycle processes effectively. By leveraging data and advanced algorithms, Bellwethr assists clients in attracting new leads while retaining existing customers.

BacklotCars

Series B in 2019
BacklotCars operates an online marketplace that simplifies wholesale automotive transactions for auto dealers, finance companies, and rental car businesses. By offering vehicle inspections, transportation, and inventory finance services, the company eliminates the need for physical auctions, allowing clients to transact and liquidate their inventory directly. This approach enhances transparency and efficiency in the automotive wholesale market.

BacklotCars

Series A in 2018
BacklotCars operates an online marketplace that simplifies wholesale automotive transactions for auto dealers, finance companies, and rental car businesses. By offering vehicle inspections, transportation, and inventory finance services, the company eliminates the need for physical auctions, allowing clients to transact and liquidate their inventory directly. This approach enhances transparency and efficiency in the automotive wholesale market.

Kelvin

Series B in 2018
Kelvin Inc. is a software company based in San Francisco, California, established in 2013. It specializes in designing and developing the Kelvin Oil App, a software solution that automates the optimization and operation of physical systems, particularly in the oil field markets. The company's offerings leverage artificial intelligence, machine learning, and analytics to enhance industrial automation and improve operational efficiency. Kelvin's focus on collaborative control and emissions management positions it as a key player in the evolving landscape of industrial technology.

Apostrophe

Seed Round in 2018
Apostrophe, Inc. is a fintech company headquartered in Denver, Colorado, that specializes in providing a healthcare savings platform for self-insured employers. Founded in 2016, Apostrophe negotiates competitive rates for medical services and pays providers directly, enabling significant cost savings that are then passed on to its clients. The company's intelligent health benefits platform is designed to deliver effective benefits at lower costs, offering a plug-and-play health plan that can be easily adopted by self-insured employers of various sizes. Apostrophe primarily serves self-insured employers in rural Colorado and other regions, ensuring that its members receive the necessary support alongside their savings.

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. is a company that specializes in an employee recognition and incentives platform designed for modern workplaces. Founded in 2013 and based in San Francisco, California, Blueboard offers a unique approach to employee rewards by providing curated experiential rewards, such as skydiving, wine tasting, and spa treatments, which can be easily redeemed through its platform. This innovative solution allows employers to recognize their employees meaningfully and memorably, moving beyond traditional cash and gift card offerings. The platform also includes a mobile application that facilitates the seamless distribution of rewards, enhancing the overall employee recognition experience while ensuring budget management through enterprise-level approvals.

Main Street Data

Seed Round in 2018
Main Street Data Corp is a Kansas City-based company that specializes in developing machine-learning tools to enhance agricultural practices. Founded in 2016, the company consolidates both current and historical agronomic data to help farmers benchmark yield performance and increase return on investment. Its flagship product, Validator, provides insights into yield, yield gaps, and potential ROI in both bushels and dollars. By leveraging sophisticated data science techniques, Main Street Data aims to transform the agricultural sector through precise analytics, offering data-driven solutions to grain and cotton farmers, specialty crop segments, and larger partners. The company focuses on creating services that improve risk management and decision-making within the agriculture-based B2B food supply chain.

PayIt

Convertible Note in 2018
PayIt, LLC is a technology company based in Kansas City, Missouri, that specializes in cloud-based solutions to modernize government payment systems. Established in 2013, PayIt provides a digital platform that enables state and local government agencies to enhance the payment experience for residents. Its services encompass various sectors, including property tax, utilities, courts, and public safety, facilitating a seamless and secure digital payment process across web and mobile interfaces. By integrating with existing back-office systems, PayIt creates a unified resident profile that streamlines interactions across different agencies and jurisdictions. The company serves over 100 million residents in North America and has received accolades for its innovative approach, including recognition from Fast Company and StateScoop.

Cheddar Up

Venture Round in 2017
Cheddar Up, LLC, based in Denver, Colorado, operates an online platform designed to facilitate the collection and tracking of payments for both individual and group purchases. Incorporated in 2012, the company provides a user-friendly interface that allows users to create custom collection pages in seconds, enabling easy payment processing even for those without a Cheddar Up account. The platform offers features such as payment tracking, automatic reminders, and customizable form fields, making it ideal for a variety of needs, including teacher gifts, troop fees, and event registrations. Cheddar Up aims to streamline the payment collection process, reducing the need for paper and hassle, thus allowing users to focus on more important activities.

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 headquartered in Denver, Colorado, that specializes in providing a healthcare savings platform for self-insured employers. Founded in 2016, Apostrophe negotiates competitive rates for medical services and pays providers directly, enabling significant cost savings that are then passed on to its clients. The company's intelligent health benefits platform is designed to deliver effective benefits at lower costs, offering a plug-and-play health plan that can be easily adopted by self-insured employers of various sizes. Apostrophe primarily serves self-insured employers in rural Colorado and other regions, ensuring that its members receive the necessary support alongside their savings.

BacklotCars

Seed Round in 2017
BacklotCars operates an online marketplace that simplifies wholesale automotive transactions for auto dealers, finance companies, and rental car businesses. By offering vehicle inspections, transportation, and inventory finance services, the company eliminates the need for physical auctions, allowing clients to transact and liquidate their inventory directly. This approach enhances transparency and efficiency in the automotive wholesale 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 peer-to-peer resale marketplace that enables parents in the United States to buy and sell pre-loved clothing, gear, toys, and accessories for children. Founded in 2010 and based in Minneapolis, Minnesota, the platform allows parents, particularly mothers, to create storefronts, earn money, and connect with one another through shared experiences and styles. Kidizen offers a mobile application for iOS and Android that facilitates communication, purchasing, and selling of children's items. The marketplace is designed to be trustworthy and environmentally friendly, allowing users to easily list items without incurring listing fees, thus promoting sustainability while helping parents find the latest trends for their children. The company was previously known as Itizen, LLC before rebranding to Kidizen, Inc. in May 2014.

Aclaimant

Seed Round in 2017
Aclaimant, Inc. develops a comprehensive incident management system aimed at efficiently handling workplace-related incidents. The Aclaimant platform allows employees, employers, and insurance carriers to utilize a personalized dashboard for tracking incidents and reports, facilitating the incident resolution process. This system promotes collaboration among all parties involved, encouraging a shared responsibility for workplace safety. Aclaimant serves a diverse range of clients, including staffing firms, elder care facilities, small to medium-sized businesses, municipalities, insurance brokers, and carriers. Founded in 2013 and headquartered in Chicago, Illinois, Aclaimant is dedicated to reducing the time, effort, and costs associated with managing workplace incidents and related insurance claims.

Bend Labs

Seed Round in 2017
Bend Labs is a soft silicone sensor platform bringing smarter motion sensing to today's products. It has developed a new soft sensor platform for motion measurement, particularly around human and soft structure motion. The company's patented soft silicone bending, stretch and pressure sensor platforms will be the enabling technology underlying a significant portion of the tens of millions of smart garments, virtual reality gloves, and remote medical devices that are predicted to ship within the next five years. Bend Labs' primary goal is to enable sensor integration by partnering with companies working in the prototyping phase all the way up through large-scale commercial manufacturing and licensing. It was founded in 2013 and is headquartered in Salt Lake City, Utah, United States.

Because Learning

Debt Financing in 2017
Because Learning is an educational technology company based in Sandy, Utah, founded in 2012. It offers a unique platform that connects students with space exploration through hands-on learning experiences in STEM education. The company provides tools and resources for educators, enabling students to conduct experiments and collect real-world data from space using various sensors. Their offerings include a space kit that allows classrooms to engage with satellite technology, as well as an open satellite platform that lets users design applications and control onboard cameras for on-demand imaging. Additionally, Because Learning operates an online store selling various educational products, including DemoSats, classroom launch packs, and expansion kits, aimed at enhancing the learning experience.

PayIt

Series A in 2016
PayIt, LLC is a technology company based in Kansas City, Missouri, that specializes in cloud-based solutions to modernize government payment systems. Established in 2013, PayIt provides a digital platform that enables state and local government agencies to enhance the payment experience for residents. Its services encompass various sectors, including property tax, utilities, courts, and public safety, facilitating a seamless and secure digital payment process across web and mobile interfaces. By integrating with existing back-office systems, PayIt creates a unified resident profile that streamlines interactions across different agencies and jurisdictions. The company serves over 100 million residents in North America and has received accolades for its innovative approach, including recognition from Fast Company and StateScoop.

Teem by iOFFICE

Series A in 2015
Teem is a cloud-based software and analytics platform for meeting management and analysis that helps companies maximize their workspace and enable their employees to work more efficiently. The platform provides employee-focused meeting tools and activity-driven insights, including eye-catching conference room displays, streamlined visitor management and detailed space use analytics that drive better decisions on space and facilities utilization for thousands of the most progressive companies in the world such as Airbnb, Twitter, Pinterest, Rakutan, Solar City, Palintir, Buzzfeed, and Disney. To date, the Salt Lake City-based startup has raised $8 million in capital from Google Ventures, Greycroft Partners, Zetta Venture Partners, Origin Ventures, Kickstart Seed Fund, Peak Ventures, Marc Benioff, Dave Elkington and Josh James, among others. The EventBoard display software is available on Apple iPad™ 2 or newer and easily integrates with many existing calendar systems, including Google Apps, Microsoft Exchange, and Office 365. For more information on Teem, visit teem.com.

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, founded in 2009 and based in Fremont, California, specializes in hybrid cloud management software aimed at enhancing flexibility and control for enterprise information technology providers. The company’s solutions facilitate the seamless transfer of data center images across various environments, including private, public, and hybrid clouds. RackWare's software allows clients to migrate workloads to the cloud, ensure data protection through backup and disaster recovery, and effectively manage multiple physical, virtual, and cloud infrastructures. Its offerings help organizations reduce costs while improving operational efficiency in their IT operations.

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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