Utah's Silicon Slopes have become a beacon for tech innovation, attracting entrepreneurs, investors, and tech talent from around the globe. The state’s pro-business environment, coupled with its high quality of life and vibrant community, has fostered a burgeoning tech ecosystem. This year, several startups have stood out, raising significant venture capital and pushing the boundaries of innovation. Here’s a look at the thriving tech startup market in Utah, the companies to watch, and the key events you should attend in 2024.

Utah’s tech scene has experienced tremendous growth over the past decade. The region, known as Silicon Slopes, has become synonymous with innovation and entrepreneurial spirit. The area boasts a mix of homegrown talent and transplants from traditional tech hubs like Silicon Valley, all drawn by Utah's supportive business environment and lower cost of living​​.

Top Startups to Watch

Consensus, based in Lehi, has revolutionized sales with its interactive video demo platform. By automating repetitive product demos, Consensus helps presale and technical sales teams save time and focus on more strategic tasks. The company recently raised $110 million, marking the largest VC round in Utah this year.

R-Zero

this Salt Lake City-based startup is making waves in the biosafety technology space. R-Zero’s innovative solutions aim to improve indoor air quality and sanitation, crucial for health and safety in various environments. The company raised $105 million, reflecting strong investor confidence in its mission and technology​​.

TaxBit

Founded in 2018, provides real-time cryptocurrency tax automation. Its platform is designed to help individuals and businesses manage their digital asset tax compliance efficiently. TaxBit has raised $105.75 million, positioning itself as a leader in the rapidly growing cryptocurrency space​.

Canopy

offers online tax process management software tailored for tax professionals. This Lehi-based startup has raised over $101 million, enabling it to expand its product offerings and enhance its platform​.

Weave

integrates communication tools such as messaging, phone calls, and reviews to streamline customer interactions for businesses. The company has raised $168 million, demonstrating its significant impact on the business communication landscape​​.

Owlet Baby Care

specializing in health monitors for babies, Owlet Baby Care allows parents to track their child’s vital signs in real time. The company has raised nearly $48 million, highlighting its importance in the consumer health tech market​.

Lucid Software

known for its web-based diagramming tools, Lucid Software continues to innovate and expand its user base. The company has played a significant role in enhancing online collaboration and visualization.

SolutionReach

provides patient relationship management software that helps healthcare providers improve communication and engagement with their patients. Its comprehensive platform has been instrumental in transforming patient care​.

HireVue

uses AI-driven assessments and video interviews to streamline the hiring process, helping companies find the best candidates faster. The startup has raised $93 million, solidifying its place in the HR tech industry​.

Divvy’s

financial platform offers comprehensive expense management solutions for businesses. With significant venture funding, Divvy is poised to continue its growth and impact in the fintech sector​​.

In addition to its thriving startup ecosystem, Utah hosts several key tech conferences and networking events throughout the year. These events are crucial for anyone looking to make valuable connections, learn about the latest trends, and gain insights from industry leaders.

React Rally

(August 12-13, 2024) Held in Park City, this conference focuses on the React framework and is ideal for developers looking to enhance their skills and network with industry peers​.(dev.events)​

Salt Lake City CyberSecurity Conference

(August 15, 2024) This event at the Sheraton Salt Lake City Hotel covers critical topics in cybersecurity, offering insights and networking opportunities for professionals in the field​. (Eventbrite)​

DevOpsDays Salt Lake City

(October 17-18, 2024) A community-driven event that brings together professionals in DevOps to share experiences, ideas, and tools. It's an excellent opportunity for learning and networking within the DevOps community​.(dev.events)​

KubeCon + CloudNativeCon

(November 12-15, 2024) This major conference, taking place in Salt Lake City, focuses on Kubernetes and cloud-native technologies. It attracts a diverse crowd of developers, IT professionals, and executives​.(dev.events)​.

Looking Ahead to 2025

Silicon Slopes Summit

(January 16-17, 2025) One of the largest and most prominent tech and business events in Utah, the Silicon Slopes Summit offers unparalleled networking opportunities, world-class keynotes, and actionable insights to help you and your company grow.(Silicon Slopes)

Good Tech Fest

(April 28-May 1, 2025) Good Tech Fest in Utah brings together leaders from nonprofits, philanthropy, tech companies, and intermediaries to discuss how emerging technologies drive impact in the social sector and identify collaboration opportunities.(Good Tech Fest)

i-ETC Conference

(May 9-10, 2025) Hosted at Utah Valley University, the Intermountain Engineering, Technology, and Computing Conference (i-ETC) is an annual event that showcases research and innovations in engineering, technology, and computing. The conference is supported by several universities and industry partners in the region.​ (Utah Valley University)

The tech startup market in Utah is thriving, driven by a unique blend of innovation, talent, and investment. Companies like Consensus, R-Zero, and TaxBit are leading the way, demonstrating the potential and dynamism of Silicon Slopes. As these startups continue to grow and innovate, they will undoubtedly contribute to Utah’s reputation as a premier tech hub. Attending key events such as Utah Tech Week, React Rally, and KubeCon will provide invaluable opportunities to connect with industry leaders and stay ahead of the latest trends. Looking ahead to 2025, events like the Silicon Slopes Summit, Good Tech Fest, and i-ETC Conference will continue to drive the state's tech ecosystem forward. Keep an eye on these companies and the broader Utah tech scene as they shape the future of technology and business.

Cran