Royal Street Ventures

Royal Street Ventures, established in 2012, is a venture capital firm headquartered in Park City, Utah, with an additional office in Kansas City, Missouri. The company specializes in early-stage investments, focusing on technology and technology-enabled startups in under-capitalized markets across the Mountain West, Midwest, and Pacific Northwest regions. Royal Street Ventures typically invests between $0.0001 million and $1 million in early-stage companies, with a preference for rounds between $0.75 million to $5 million. The firm's investment focus spans various sectors, including health and wellness, transportation and logistics, action sports, tech security, data, education, specialty manufacturing, fintech, specialty chemical, and pet care. Royal Street Ventures actively participates in the governance of its portfolio companies, holding director seats on their boards to provide ongoing direction and maintain robust boards.

Jeff Stowell

Managing Partner

Past deals in Utah

Salad Technologies

Series A in 2023
Salad Technologies, Inc. is a company based in Salt Lake City, Utah, that specializes in cryptocurrency mining using idle time from high-end gaming PCs. Founded in 2018, the company has developed a software application that allows gamers to convert their unused computing power into various rewards, including subscriptions, gift cards, downloadable content, and hardware. Additionally, Salad Technologies offers SaladPay, a payment gateway that facilitates purchases made with Salad Credit in its online store. By leveraging the capabilities of gaming PCs, Salad Technologies aims to create value for both gamers and the cryptocurrency market.

Salad Technologies

Series A in 2022
Salad Technologies, Inc. is a company based in Salt Lake City, Utah, that specializes in cryptocurrency mining using idle time from high-end gaming PCs. Founded in 2018, the company has developed a software application that allows gamers to convert their unused computing power into various rewards, including subscriptions, gift cards, downloadable content, and hardware. Additionally, Salad Technologies offers SaladPay, a payment gateway that facilitates purchases made with Salad Credit in its online store. By leveraging the capabilities of gaming PCs, Salad Technologies aims to create value for both gamers and the cryptocurrency market.

Measured Analytics and Insurance

Venture Round in 2021
Measured Analytics and Insurance provides a data-driven approach to cyber insurance, quantifying specific exposure to ransomware attacks. Measured Insurance is bridging the gap between technology and insurance by using AI-powered analytics to create smarter insurance products by tracking individual exposure in real time. Every policy is tailored to the specific client, clearly identifying pre-event exposure in seven key areas and customizing post-event loss mitigation services with real experts, real people, and real help if needed. Measured Analytics and Insurance, based in Salt Lake City, Utah, was founded in 2018.

Salad Technologies

Seed Round in 2020
Salad Technologies, Inc. is a company based in Salt Lake City, Utah, that specializes in cryptocurrency mining using idle time from high-end gaming PCs. Founded in 2018, the company has developed a software application that allows gamers to convert their unused computing power into various rewards, including subscriptions, gift cards, downloadable content, and hardware. Additionally, Salad Technologies offers SaladPay, a payment gateway that facilitates purchases made with Salad Credit in its online store. By leveraging the capabilities of gaming PCs, Salad Technologies aims to create value for both gamers and the cryptocurrency market.

Bend Labs

Seed Round in 2017
Bend Labs, Inc. specializes in the development and manufacturing of integrated motion measurement systems aimed at remote healthcare applications. The company has created a wearable soft sensor platform designed to measure human motion, featuring products like the Smart Knee, which includes integrated sensors and low energy Bluetooth technology to track knee usage and complex movements in real time. In addition to its primary offerings, Bend Labs provides bend, stretch, and pressure sensors, complemented by an Android app and API that facilitate connectivity with its platform. Founded in 2013 and headquartered in Salt Lake City, Utah, Bend Labs aims to enable sensor integration by collaborating with companies from the prototyping phase to large-scale commercial manufacturing and licensing. The company's innovative technology is expected to play a significant role in the future of smart garments, virtual reality gloves, and remote medical devices.

Because Learning

Debt Financing in 2017
Because Learning is an educational technology company based in Sandy, Utah, founded in 2012. It offers a unique platform that connects students with space exploration through hands-on learning experiences in STEM education. The company provides tools and resources for educators, enabling students to conduct experiments and collect real-world data from space using various sensors. Their offerings include a space kit that allows classrooms to engage with satellite technology, as well as an open satellite platform that lets users design applications and control onboard cameras for on-demand imaging. Additionally, Because Learning operates an online store selling various educational products, including DemoSats, classroom launch packs, and expansion kits, aimed at enhancing the learning experience.

Teem by iOFFICE

Series A in 2015
Teem, LLC is a cloud-based software company headquartered in Salt Lake City, Utah, specializing in meeting management and workplace collaboration solutions. Founded in 2010 and formerly known as EventBoard, the company provides a comprehensive software-as-a-service platform that includes tools for conference room scheduling, visitor management, and workspace analytics. Teem's solutions enable organizations to optimize their office space and improve employee efficiency by offering insights into resource utilization. The company serves a wide range of clients, including notable names such as Stripe, Hawaiian Airlines, and Disney. Teem has established strategic partnerships with key technology providers, including Apple and BlueJeans, to enhance its offerings. In 2020, Teem became a subsidiary of iOFFICE, Inc. and continues to innovate in the field of workplace productivity.

Zane Benefits

Seed Round in 2015
Starting in 2006, Zane Benefits sought to bring the benefits of individual health insurance to business owners and their employees. Zane Benefits software has helped over 20,000 customers reimburse individual health insurance plans purchased independently of employment. Zane Benefits’ software has been featured on the front page of The Wall Street Journal, USA Today, and The New York Times. Zane Benefits was founded in 2006 in Park City, Utah. Zane Benefits is a subsidiary of PeopleKeep, Inc.
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