VENTURE CAPITAL


VENTURE CAPITAL . US

STRATEGY
Invest in the underserved, fundamentally strong Mountain West region in Seed & Series A companies with outsized potential for returns
VALUE ADD PRACTISE
Deliver targeted value-add concentrated on sales execution, strategic organizational improvements and capitalization for growth
INDUSTRY FOCUS
Best-of-region seed, select Series A, and opportunistic secondaries
STAGE FOCUS
B2B SaaS, Software & Digital Media
REGIONAL FOCUS
Underserved Mountain West region inthe western United States
RISK-RETURN PROFILE
A diversified portfolio with low technology and market risk and carefully managed execution risk
FUND I PERFOMANCE
Unrealized 1.3x MOM, 4.8x company valuation increase since 1st investment
FUND TARGET
USD $50M
TERMS
20% carry, management fee 2% on committed capital, with a 0.25% annual step down after five years until 1.0%
  • Angel | Pre Fund 1
  • 12 companies
  • 3 exits
  • 10.5x realized return
  • Fund 1 | $32M vintage 2014
  • 31 companies
  • 42% of portfolio with up-rounds
  • 4.8x average valuation increase
  • Fund 2 | Vintage 2016
  • Focus on Seed & Series A, opportunistic Secondaries
  • $50M target
  • MARKET
  • Momentum in Utah – New Yorker, Inc, Forbes4 WSJ, Milken Institute, US COC
    Billion-dollar tech companies such as Vivint ($2B), Domo ($2B), Omniture ($1.8B),
  • Ancestry.com ($1.6B), Qualtrics ($1B),
  • InsideSales ($1B), and Pluralsight ($1B) are nurturing in-state talent, attracting top out-of-state talent, and building the foundation for the next ​wave of startups
  • Utah is an underserved market with twice the GDP per VC firm than the US average
  • TEAM
  • Entrepreneurs, operators, and investment professionals with industry leading track records
  • Founders who have built winning teams and over $1.3B in enterprise value, founding 11+ firms
  • Active in the Utah startup community for more ​than 13 years
  • PROPRIETARY DEAL FLOW
  • Peak Ventures saw 95%+ of the early stage tech deals in Utah that received institutional funding and assessed 4,500+ deal
  • Deep relationships with the state’s top entrepreneurs, universities, incubators & companies
  • Strong, authentic brand for proprietary access and ability to win the best deals