Fundraising Fox

EPIC VENTURES

Venture capital

Salt Lake City · Seed–Series B · 43 people tracked

Also known as Epic Funds Llc · WASATCH MANAGEMENT PARTNERS, L.L.C.

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Fund manager profile

EPIC VENTURES is a venture fund manager based in Salt Lake City. SEC filings show 3 venture funds on record, most recently EPIC VENTURES VII, L.P. filed February 2025.

Source: SEC EDGAR Form D filings. Firm website data not yet available.

Stage
Seed–Series B
HQ
Salt Lake City, US
Founded
1994
Private fund assets
$277M
VC funds
7
Tracked investments
128

Team · 43 people

from the firm's website
Jack Boren· Managing Partner
Andy Theurer· Chief Executive Officer - ARUP Laboratories
Jim Higginsin
Kent Gordon· Chief Financial Officer - ARUP Laboratoriesin
Leo Lin· Senior Medical Director Research & Innovation - ARUP Laboratoriesin
Mike Borenin
Riley Jarman· Senior Associate
Wade Shermanin

What they invest in

from 28 of 128 portfolio companies

AI & Machine Learning ×14SaaS ×11Enterprise Software ×10Healthtech ×6Data & Infrastructure ×5Digital Health ×4Cloud Computing ×3Cybersecurity ×3

HQs:United States×30

Investments · 128 tracked

founders shown can be your intro path
EverspinNASDAQ: MRAM
Exagenexagen.comin𝕏NASDAQ: XGN

Exagen develops diagnostic and monitoring tests for autoimmune diseases, including tools to distinguish connective tissue disease and assess lupus prognosis and progression.

BiotechDigital HealthHealthtechMedical DevicesVista, US

Thierry Dervieux(Executive Officer)Wendy Swedick(Executive Officer)Arthur Weinstein(Director)James L.L. Tullis(Director)Fortunato R. Rocca(Executive Officer, Director)John M. Radak(Director)

Health Catalysthealthcatalyst.comin𝕏NASDAQ: HCAT

Health Catalyst provides data analytics, AI-powered insights, and healthcare solutions to help hospital systems and healthcare organizations improve clinical, financial, and operational outcomes.

AI & Machine LearningData & InfrastructureHealthtech

Shard Secureshardsecure.comin𝕏✓ verified

ShardSecure provides a patented, agentless data security platform that protects files across on-premises, cloud, and hybrid/multi-cloud environments, offering ransomware mitigation, secure AI datasets, and compliance support for data sovereignty and privacy regulations.

Cloud ComputingCybersecurityData & InfrastructureEnterprise SoftwareSaaSNew York, US

Bob Lam(Executive Officer, Director)

BoardRon Gula(Director)Louis A. Steinberg(Director)Jesper Tohmo(Director)Stephen Fredrick(Director)

Board seatNick Efstratis· per SEC Form D

Flowlieflowlie.comin𝕏✓ verified

Quill (operated by Flowlie Technologies) provides a managed back-office function that unifies finance, HR, compliance, capital planning, and board preparation for startup founders.

Enterprise SoftwareFintechFuture of WorkHR TechSaaS

Kaben Clauson(Co-Founder & CEO)Ian Cohen(Co-Founder & CEO)Rick Gordon(Co-Founder & CEO)Adam Stepanovic(Co-Founder & CEO)Philip Odelfelt(Co-Founder & CEO)

Focus IPSEC filingmedium confidence

Boise, US

James Pavlik(Director)George Mulhern(Director)Adam Busch(Executive Officer)Howard Smith(Director)Faisal Shah(Executive Officer, Director)

Board seatNick Efstratis· per SEC Form D · $1.8M raise · filed Mar 2026

GravitSEC filingmedium confidence

Salt Lake City

Nick Efstratis(Director)Cameron Brain(Executive Officer, Director)Eric Roach(Director)

Board seatNick Efstratis· per SEC Form D · $1.5M raise · filed May 2019

Instructureinstructure.comin𝕏

Instructure develops Canvas, Mastery, and Parchment—learning management, assessment, and credential management platforms for educational institutions.

AI & Machine LearningCloud ComputingEdTechEnterprise SoftwareSaaSSalt Lake City, US

Steve DalyinMatt KaminerinAudrey ZhaoArmin MolaviShiren VijiasingaminRachel Orstonin

Board seatNick Efstratis· per SEC Form D

LionHeart InnovationsSEC filingmedium confidence

Sandy, US

Tammy Bowers(Executive Officer, Director)Ryan Westwood(Director)Joseph Bowers(Director)

Board seatRyan WestWood· per SEC Form D · $174K raise · filed Sep 2015

Adaptive Computing
Aligned Marketplacealignedmarketplace.com
Amenities
Ancestry
Area 1 Securityarea1security.comin𝕏

Provides AI-powered email security that detects and blocks phishing threats, including business email compromise (BEC), email-borne malware, and multi-channel link-based attacks across email and collaboration apps.

AI & Machine LearningCybersecurityEnterprise Software

Artifact
Aspen Avionics
ASTI
Blue Matador

Herriman, US

Matthew Barlocker(Executive Officer, Director)

Blyncsyblyncsy.comin

Blyncsy provides an AI-powered platform that automates roadway inspection and asset inventory for cities and state departments of transportation by analyzing crowd-sourced dash camera imagery.

AI & Machine LearningConstruction TechGovTechSalt Lake City, US

Benjamin Dahl(Director)Benjamin Capell(Director)Mark Pittman(Executive Officer, Director)in

Braintrace
Brim Financial
Calycia Biosciencecalyciabioscience.com
Canopy
Cerberian
Cionic
Clinkle
Cloud Lending

San Mateo, US

NEIL WOLFSON(Director)SNEHAL FULZELE(Executive Officer, Director)JUSTIN KORSANT(Director)LOUIS FORSTER(Director)DARPAN SAINI(Director)ILEANA FALTICENI(Executive Officer)

Collective Medical
Consolidated Energy

EnergyFrisco, US

Richard E Boyle(Executive Officer, Director, Promoter)

Conversa
Culmination Bio
Daffodil Health
Dash LX
Datazoom
DivX
Dr Treat
Equality AIequalityai.comin𝕏
Eventsevents.comin𝕏

Events.com is an AI and machine learning-powered platform for creating, promoting, and discovering events.

AI & Machine LearningB2B MarketplacesMarketplacesSaaSLa Jolla, US

Mitch Thrower(CEO, Chairman and Co-Founder)Jeff Cameron(Chief Technical Officer)Paul Brown(Chief Financial Officer)Paolo Privitera(Director)Doug Harrison(Director)Stephen Partridge(Executive Officer, Director)

Everdream
EveryoneSocialeveryonesocial.comin𝕏

EveryoneSocial provides analytics and audience insights for company social media posts, showing which audiences are reached and comparing performance across company, executive, and staff accounts.

Enterprise SoftwareMarketing TechSaaSSocialSalt Lake City, US

FatPipe
Fitted
Get Whysgetwhys.ioin𝕏

GetWhys enriches AI content generation and go-to-market tools with insights from real buyer interviews to validate messaging and campaigns.

AI & Machine LearningMarketing TechBoise, US

Philippe Boutros(CEO, President, Secretary)Viet Phan(Chief Technology Officer)Tyler Honsinger(Chief Product Officer)

BoardJohn Garrett(Director)David Bluestone(Director)

Guide CXguidecx.comin𝕏
Healthjoyhealthjoy.comin

HealthJoy is a benefits management platform that consolidates employers' health and wellness offerings into a single digital system guided by AI and human support.

AI & Machine LearningHealthtechHR TechChicago, US

Clint Jones(Director)Brandon Cruz(Director)Stuart Larkins(Director)Shane Cruz(Director)Justin Holland(Executive Officer, Director)Doug Morse-Schindler(Executive Officer)

HG Insightshginsights.comin

HG Insights provides AI-driven B2B intelligence datasets covering markets, technology adoption, IT spend, and buyer intent, along with analytics, copilots, and AI agents that automate go-to-market execution.

AI & Machine LearningData & InfrastructureMarketing TechSaaSSales Tech

Rohini Kasturi(Chief Executive Officer)Satish Grandhi(Chief Technology Officer)Vibhu Pratap(Chief Development Officer)Scott Gordon(Chief Marketing Officer)

Homie
HyTrusthytrust.com

Provides administrative control, visibility, auditing and data security solutions for private, hybrid and public cloud environments.

Infinera
Ingeo
InsideSales
Iovationiovation.com
Janrain

Customer identity and access management platform for unified customer views and personalized marketing; acquired by Akamai Networks.

Joyent
Kenziekenzie.academyin

Southern New Hampshire University is a nonprofit accredited institution offering over 200 online and on-campus degree programs across multiple disciplines, designed for working adults seeking affordable, flexible education with career focus.

EdTechManchester, US

Matt Greenfield(Executive Officer, Director)Ling Xiao(Executive Officer, Director)Doug Galen(Executive Officer, Director)Rehan Hasan(Executive Officer, Director)Chok Ooi(Executive Officer, Director)

Keystone Managed Services
Knapsackknapsack.cloudin𝕏

Knapsack is a platform that centralizes design assets and code for design system teams, enabling designers, engineers, and product managers to collaborate on building and maintaining design systems at scale.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS

Lavu

Albuquerque, US

Andy Lim(Executive Officer, Director)Corey Fiala(Executive Officer, Director)

Le Toteletote.comin𝕏

Le Tote offers a subscription service that allows women to rent clothing and accessories on demand, using algorithms and customer data to personalize recommendations.

ConsumerDirect to ConsumerSan Francisco, US

Rakesh Tondon(Founder/CEO)inBrett Northart(Co-Founder & President)inDavid Atchison(Director)

BoardMike Kwatinetz(Director)

LeftHand Networkslefthandnetworks.com

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Fund performance · per public LP disclosures · 6

as of Sep 2025
FundVintageCommittedNet IRRTVPIDPI
EPIC Ventures Fund VII, L.P.LPs: Public Employee Retirement System of Idaho2025-25.2%0.88x
Epic Fund III SlpLPs: Contra Costa County Employees' Retirement Association20240.82x
EPIC Ventures Fund VI, L.P.LPs: Public Employee Retirement System of Idaho, Hawaii Employees' Retirement System202113.4%1.36x0.00x
EPIC Venture Fund V, L.P.LPs: Public Employee Retirement System of Idaho, Hawaii Employees' Retirement System201815.5%1.76x1.02x
EPIC Venture Fund IV, LLCLPs: Public Employee Retirement System of Idaho, Hawaii Employees' Retirement System201112.1%2.11x2.03x
Epic Fund IIILPs: Contra Costa County Employees' Retirement Association0.96x0.00x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

What stage does EPIC VENTURES invest at?
EPIC VENTURES invests at the Seed, Series A, Series B stages.
What sectors does EPIC VENTURES focus on?
EPIC VENTURES focuses on Cybersecurity, EdTech, Fintech, Healthtech, SaaS.
Where is EPIC VENTURES located?
EPIC VENTURES is headquartered in Salt Lake City, US.

Media · Podcasts & interviews

featuring the team

Jack Boren of Epic Ventures Podcast - Product in Healthtech with Ian Harris

Product in Healthtech · Jack Boren

Jack Boren | Director | EPIC Ventures

Utah Business · Jack Boren

Nick Efstratis (Epic Ventures) at Startup Grind Utah

Startup Grind Local · Nick Efstratis

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