Utah Governor’s Office of Economic Development (GOED)
Government fundSalt Lake City
Investment thesis
GOED serves as Utah's primary economic development body, guiding the state's private-industry-driven economy. It works by convening stakeholders and partners, connecting industry with education and workforce sectors, and catalyzing economic prosperity through state resources such as business incentives and project commitments. The office manages programs including business incentives, federal opportunity zones, international trade and diplomacy, rural economic coordination, tourism and film production, and support for Utah entrepreneurs. It focuses on retaining and recruiting companies and building sustainable advantages around five strategic, targeted industries within Utah's diverse economy.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 90 of 100 portfolio companiesImpact & Social Good ×37EdTech ×12Consumer ×9GovTech ×9Mental Health ×8SaaS ×8Healthtech ×6LegalTech ×6
HQs:United States×66
Who they back
founder profiles across 9 portfolio companiesFounding team size:solo founder×72 founders×2
Investments · 100 tracked
founders shown can be your intro pathDell designs and sells computing hardware including laptops (XPS, Alienware gaming), monitors, webcams, and PowerEdge servers, along with IT lifecycle management and support services.
ConsumerEnterprise SoftwareHardwareRound Rock, US
Michael Dell(Founder)in
Co-investorsIcon VenturesJackson Square VenturesNew Enterprise Associates (NEA)Partners for GrowthPartners for Growth (PFG)
Absolute Janitorial Services is a family-owned commercial and residential cleaning company providing janitorial services such as hard floor cleaning, carpet extraction, window cleaning, and disinfecting for offices, medical offices, hotels, restaurants, and other facilities.
ConsumerOrem, US
Adair Evans Law is a family law practice handling complex child custody and parent-time matters, representing clients in contested custody litigation, mediation, trials, appeals, modifications, and relocation proceedings.
LegalTech
Douglas AdairTaryn N. Evans
Arctic Wolf provides managed detection and response (MDR) services with 24x7 security teams that detect, investigate, and respond to threats using an open XDR platform processing trillions of events weekly.
AI & Machine LearningCybersecurityEnterprise SoftwareSaaS
Brian NeSmith(Founder & CEO)in
Co-investors33NArtisanal VenturesBright Pixel CapitalClearSkyCyber Mentor FundDelta-v Capital+14 more
The Boys & Girls Club of Northern Utah is a non-profit organization offering after-school programs, summer camps, and other activities for K-12 students and their families.
EdTechImpact & Social GoodLogan, US
In Utah is a government initiative by GOED (Governor's Office of Economic Development) that encourages residents to support local businesses and economies within Utah.
Impact & Social Good
Be Humanitarian is a non-profit organization that leads volunteer vacations (voluntourism) to Guatemala, combining humanitarian projects with travel experiences.
Impact & Social GoodTravel & Hospitality
Tobie Spears
BetterBody Foods sources and sells food ingredients and products aimed at health-conscious consumers, including options for keto and vegan diets.
ConsumerDirect to ConsumerFoodTech
Birthday Box Foundation is a nonprofit that assembles and distributes custom birthday care packages filled with cake-making supplies, decorations, toys, books, and party essentials.
Impact & Social Good
The Cache Valley Chamber of Commerce is a regional chamber of commerce serving businesses in Cache Valley, Utah, offering networking opportunities, business tools, services, and events such as workshops and leadership luncheons.
Impact & Social GoodLogan, US
A non-profit organization that advocates for and assists victims of domestic violence, rape, sexual assault, and the homeless, offering crisis counseling, support groups, classes, court accompaniment, and prevention programs.
Impact & Social GoodMental Health
The Cottonwood Heights Recreation Center is a municipal parks and recreation facility offering memberships for community access to fitness and recreational amenities.
GovTech
Official government website for Millcreek, a municipality in Utah, offering residents access to newsletters, notifications, and city information.
GovTechMillcreek, US
Dahlia's Hope is a nonprofit that provides trauma-informed aftercare for survivors of sex trafficking and sexual violence, including case management, housing resources, life skills training, and clinical and group therapy delivered by licensed therapists.
Impact & Social GoodMental HealthWellness & FitnessPleasant Grove, US
The Disability Law Center is a private non-profit designated as Utah's Protection and Advocacy agency, providing free legal advocacy to Utahns with disabilities.
Impact & Social GoodLegalTechSalt Lake City, US
ESL Center provides English language instruction and teacher training, offering pre-service teacher training sessions and classroom teaching workshops.
EdTech
Friends Against Family Violence (FAFV) is a community-based nonprofit that provides emergency shelter, advocacy, crisis intervention, rehousing, education, and prevention services for people affected by domestic and sexual violence.
Impact & Social Good
Family Haven is a nonprofit providing child abuse and trauma prevention and treatment services to families in the Utah Valley area, including a free 24/7 nursery for children, parenting classes, prevention education in schools, and therapy.
Impact & Social GoodMental HealthWellness & Fitness
The Family Support Center of Ogden is a nonprofit, community-based agency that provides free education and supportive services to families to help prevent child abuse.
Impact & Social GoodOgden, US
Fight the New Drug is a nonprofit organization that raises awareness about the harmful effects of pornography and sexual exploitation through research summaries, educational resources, conversation guides, and recovery tools.
Impact & Social GoodMedia & Entertainment
Four Corners Community Behavioral Health is a nonprofit provider of mental health, substance use treatment, and prevention services for residents of Carbon, Emery, and Grand Counties in eastern Utah.
Digital HealthMental Health
Friends of the Children – Utah is a nonprofit organization serving youth in Utah, including through community and art events that feature work by local professional artists alongside pieces created by the youth it supports.
Impact & Social Good
Fullcast is a revenue orchestration platform that connects go-to-market planning (territories, quotas, lead routing), AI-validated revenue forecasting, and commissions management on one engine.
AI & Machine LearningSaaSSales Tech
Co-investorsCreativeCoFika
GenerationAll is a nonprofit organization addressing the generational impact of trauma, specifically sexual violence, using a systems-change approach with trauma-informed experts.
Impact & Social GoodMental HealthWellness & Fitness
Great Clips operates a chain of hair salons offering walk-in haircut services, with an online check-in feature that lets customers reserve a spot in line remotely.
Consumer
A theatre organization presenting live stage productions across three venues — Centre Stage (theatre in the round, 911 seats), Jewel Box Stage (proscenium thrust, 467 seats), and Beehive Stage (traditional proscenium, 322 seats).
ConsumerMedia & Entertainment
America's Healthcare Depot is an insurance agency offering health, life, Medicare, dental, and business insurance, including individual and family plans, with a focus on underserved communities across the US.
HealthtechInsurTech
International Language Programs (ILP) organizes 3-4 month volunteer and travel trips abroad for college-age adults, pairing service work in local communities with travel experiences.
Impact & Social GoodTravel & Hospitality
Buzzsprout is a podcast hosting and publishing platform that enables creators to upload, distribute, and monetize audio and video content across major podcast directories.
Creator EconomyMedia & EntertainmentSaaS
Co-investorsAVPNExcelestar VenturesHealth2047Juniper
Kayenta Arts operates a performing arts venue in Southern Utah, presenting a seasonal program of performances.
Media & Entertainment
Kane County Hospital is a primary care hospital offering doctors, nursing staff, and modern equipment, along with select specialized services typically found at secondary care hospitals.
Healthtech
Ken Garff for Good is a 501(c)(3) nonprofit that runs four education programs — Road to Success, Keys to Success, Ken Garff Esports, and Women Who Succeed — offering K-12 students literacy, technology, and mentoring support plus access to scholarships, internships, and careers.
EdTechImpact & Social GoodSalt Lake City, US
Robert H. Garff(Founder and past Board Chair)
Kimley-Horn is a design and engineering consulting firm working across markets including transportation, power, and general building.
Construction TechEnergyMobility & Transportation
Kodiak Cakes makes whole grain breakfast foods sold in retail stores.
Advanced ManufacturingConsumerFoodTechPark City, US
Joel Clark(Executive Officer, Director)Cameron Smith(Executive Officer, Director)Nate Lord(Executive Officer)
BoardStephen Hughes(Director)Vince Love(Director)
Kids on the Move (KOTM) is a non-profit that provides early intervention, autism treatment (including EIBI), childcare, respite, and family support services for children with developmental delays, disabilities, and special needs.
Digital HealthImpact & Social GoodMental Health
Mat Datstrop(Chief Financial Officer)Ryan Erickson(Chief Operating Officer)Rutherford(Chief Executive Officer)
LIFT Auto Repair Marketing provides digital marketing services—including website development, local SEO, review and reputation management, and SMS campaigns—to auto repair shops.
AdTechMarketing TechSaaS
Live Your Dream is a nonprofit that supports single-mother families through scholarships, back-to-school supplies, holiday support, care boxes, family activities, mentorship, and community events.
Impact & Social Good
Mountainland Association of Governments (MAG) is a regional government organization that helps counties, cities, towns and communities in Summit and Wasatch counties, Utah coordinate on regional planning.
GovTech
Maise Technology is a managed IT services provider offering 24/7 help desk support, cybersecurity through a Security Operations Center, and regulatory compliance assistance.
CybersecurityEnterprise SoftwareSaaS
The Utah Manufacturers Association (UMA) is a membership alliance representing over 1,200 manufacturing and service companies in Utah, offering group healthcare and 401k plans, OSHA-certified safety training, workforce recruitment support, and legislative advocacy.
Advanced Manufacturing
Verisk provides data analytics, technology, and scientific research for the insurance industry, covering property and casualty, life and annuities, reinsurance, and specialty markets.
AI & Machine LearningData & InfrastructureInsurTech
Co-investorsMercato Partners
Mormon Women for Ethical Government is a faith-based community of women focused on civic engagement and political advocacy.
Impact & Social Good
Fetzer Booth PC, also known as Mountain West Law, is a law firm in Salt Lake City, Utah offering litigation and business legal services.
LegalTechSalt Lake City, US
My 601 Waivers prepares I-601 and I-601A hardship waiver packets for immigration attorneys and their clients, handling document collection, drafting hardship affidavits, and assembling USCIS-ready case files.
LegalTechSaaS
Jessica Herbst(Founder & President)
Parsons Behle & Latimer is a law firm providing legal services including corporate transactions, M&A, litigation, real estate, energy, environmental, and employment law for businesses across sectors.
LegalTechSalt Lake City, US
PC Tots operates early learning centers providing early childhood education and care to children and their families, with a focus on serving families regardless of financial barriers.
EdTechImpact & Social GoodPark City, US
The Point by Switchpoint operates attainable-living housing locations in Utah (Salt Lake City airport area, St.
Impact & Social GoodPropTech
Procter & Gamble is a consumer goods company that develops and markets branded household and personal care products, such as Braun grooming devices.
ConsumerCincinnati, US
Co-investorsCirculate CapitalWinklevoss Capital
Project Read Utah is a nonprofit that provides adult literacy tutoring and weekly labs covering everyday math, computer, and technology skills.
EdTechImpact & Social Good
Proxima is a workforce program that helps people enroll in certificate or degree programs, provides job-readiness training and mentorship, and connects participants with employer partners for placement.
EdTechFuture of WorkHealthtech
The Rape Recovery Center is a nonprofit community provider of sexual assault services and prevention education, offering survivors advocacy, crisis intervention, and therapy.
Impact & Social GoodMental HealthWellness & Fitness
Co-investorsCamden PartnersOquirrh VenturesSignal Peak Ventures
Rowland Hall is an independent private school serving grades preK–12 in Salt Lake City, Utah, offering academics, arts, and athletics guided by faculty.
EdTechSalt Lake City, US
Salt Lake County is a local government entity in Utah that provides public services to its community, including health care, administrative services, road maintenance, and elections administration.
GovTechSalt Lake City, US
SeekWell is the parent company of 1-800 Contacts and Luna, offering contact lenses, glasses, and optical telehealth to consumers, along with a B2B vision care solution for retailers, brands, and doctors.
Digital HealthDirect to ConsumerE-commerce
SnugZ USA is a supplier of custom-imprinted promotional products, including lanyards, drinkware, apparel, bags, personal care items, spa/aromatherapy goods, and tech accessories that customers brand with their logos for events and marketing.
Advanced ManufacturingConsumerE-commerce
Socratic Arts designs custom "learn-by-doing" experiential training programs grounded in learning and cognitive science for corporate workforce development.
EdTechFuture of WorkHR Tech
Squeeze provides outsourced sales services ("Sales Experience") that sit between marketing and sales to contact, qualify, and convert leads on behalf of client brands, including new client acquisition, business development, abandoned cart recovery, and upsells.
Enterprise SoftwareSaaSSales Tech
Summit County is the local government of Summit County, Utah, providing public services related to health, safety, welfare, roads, property taxes, and land preservation for county residents.
GovTech
Southwest Forensic Nursing & Healthcare provides specialty medical-forensic healthcare services for survivors of violence, including forensic exams, at no cost to patients.
HealthtechImpact & Social Good
The Appellate Group is a law firm focused on appellate litigation, briefing and arguing cases in Utah's appellate courts and providing trial consulting services.
LegalTech
The Policy Project is a nonprofit advocacy organization that develops, passes, and implements statewide public policy on issues such as period product access, child sexual abuse prevention education, phone-free classrooms, and school lunch programs.
GovTechImpact & Social Good
The Profitability Project is an outsourced finance firm that combines bookkeeping, tax, payroll, accounts receivable/payable, and CFO strategy under one point of contact for small businesses.
FintechSaaS
Joey(Founder (former corporate CFO))
True Pros is a Utah-based residential HVAC and plumbing service company offering furnace, air conditioning, water heater, duct cleaning, mini split, air purification, and emergency repair, installation, and maintenance services.
Construction Tech
Katy Higgins(Owner)
TURN Community Services is a nonprofit organization that provides art and educational day programs, residential services, and summer camps for adults and children with intellectual and developmental disabilities.
HealthtechImpact & Social GoodWellness & Fitness
United Way of Utah County is a nonprofit that connects residents to community services including food banks, rent assistance, mental health support, early childhood programs, and summer learning for students.
Impact & Social Good
Upward Personal Finance is a woman-owned personal finance consulting and coaching firm serving women, offering education, budgeting help, and value-based financial planning.
ConsumerFintech
UIB is a bank offering personal and business banking services, including online and mobile banking, Visa debit cards with transaction alerts, and merchant processing services.
Fintech
A Utah-based advocacy organization working to connect nonprofits, businesses, and policymakers to build a coordinated network of care across communities.
Impact & Social Good
Utah Humanities is a nonprofit organization running humanities-based programs across four initiatives: a Center for the Book, a Community Heritage program, Higher Education Access, and Community Conversations.
Impact & Social GoodMedia & Entertainment
Utah Children is an advocacy organization that uses research, media campaigns, and advocacy to raise the needs of children in policy debates.
Impact & Social Good
Wasatch Family Therapy provides in-person and virtual mental health counseling — including individual, couples, family, group, play, and teletherapy — for children, individuals, couples, and families.
Digital HealthMental HealthWellness & FitnessFarmington, US
Waterstone Human Capital is a North American culture intelligence firm offering executive search, professional recruitment, and leadership and culture advisory services, supported by an AI engine and datasets from its Most Admired Cultures programs.
AI & Machine LearningFuture of WorkHR Tech
Wheeler Machinery Co. is a Cat equipment dealer selling new, used, and rental compact and heavy machinery such as excavators, bulldozers, and motor graders, and providing genuine Cat parts, maintenance, and repair services.
Construction TechHardware
The Women's Business Center of Utah provides business advising, training workshops, and templates/resources to help women entrepreneurs start, grow, and lead businesses.
Future of WorkImpact & Social Good
Zartico provides a visitor intelligence platform (ZDOS/Z5) that combines geolocation, spending, and other data sets to help destination marketing organizations, agencies, resorts, and tourism operators understand visitor behavior, attribute marketing performance, and measure economic impact.
Data & InfrastructureMarketing TechTravel & HospitalitySalt Lake City, US
Jay Kinghorn(Executive Officer, Director)Sarah Lehman(Executive Officer, Director, Promoter)
BoardDarren Dunn(Director)Ryan Kruizenga(Director)in
Co-investorsArthur VenturesBigfoot Capital
Exits · 1
IPOs and acquisitions across the tracked portfolioForce10NYSE: DELL
Portfolio news
latest coverage across their companiesForce10 · parsers.substack.com · Aug 18, 2026
Frequently asked questions
- How many investments has Utah Governor’s Office of Economic Development (GOED) made?
- Utah Governor’s Office of Economic Development (GOED) has 100 tracked investments.
- What sectors does Utah Governor’s Office of Economic Development (GOED) focus on?
- Utah Governor’s Office of Economic Development (GOED) focuses on Crypto & Web3, Sector Agnostic.
- Where is Utah Governor’s Office of Economic Development (GOED) located?
- Utah Governor’s Office of Economic Development (GOED) is headquartered in Salt Lake City, US.
- Who does Utah Governor’s Office of Economic Development (GOED) co-invest with?
- Utah Governor’s Office of Economic Development (GOED) most often shares deals with Evolution Equity Partners, Golub Growth, Icon Ventures, among 34 tracked co-investors.
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