42.ventures

42.ventures is a family office firm based in Salt Lake City, Utah, founded in 2006. The company specializes in providing business building support and investment for growth-oriented companies, particularly in the software-as-a-service, mobile software, artificial intelligence, and big data sectors. Unlike traditional venture firms, 42.ventures takes a hands-on approach, with a team of experienced entrepreneurs who understand the challenges of growing a business. They offer investments ranging from $250,000 to $1.5 million, focusing on companies that already have established products and customer bases. The firm operates with an evergreen fund, allowing for flexible timelines and investment structures tailored to the needs of each portfolio company, rather than being constrained by conventional exit strategies. 42.ventures seeks to partner with entrepreneurs who desire more than just capital, aiming to foster business growth through active collaboration and expertise.