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Metro area · North America

Salt Lake City

Metro area · United States · Pop. 1.2M · #46 city by EV

A public taster of the full Salt Lake City ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

$110B+34%
Combined startup EV
$1.7B
VC invested (last 12mo)
1,154
Tracked startups
#3/ 199
Unicorns per 1M people · cities rank
🦄 Unicorns
34
34 live $1B+ companies
💎 Decacorns
1
$10B+ tier
🐎 Thoroughbreds
28
Top 1% growth · $500M+

Enterprise value · 2015–2025

Salt Lake City grew 5.1× since 2015

Combined enterprise value of every tracked startup headquartered in Salt Lake City that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $50B $100B $150B $200B Salt Lake City · $110B 2015 2018 2021 2024 2025

Adjacent cities by EV

Startup funnel

Salt Lake City's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
192
Seed
223
Series A
179
Series B
107
Series C
55
Unicorn
32
Decacorn
2

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Notable companies

Top private companies in Salt Lake City

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 2
PluralSightQualtrics
Unicorns $1B+ valuation 32
MasterControlLucidRecursion PharmaR1 RCMFilevineAwardcoHealth CatalystCenExelOwlet Baby CareOverstock.comTaxBitVivint SolarSimpleNexusLLCMX TechnologiesInsideSalesFusion-ioRouteWeaveChess.com+13 more
Thoroughbreds+ $100M+ revenue 26
R1 RCMPatternOverstock.comMyriad GeneticsPluralSightInstructureBlack Rifle Coffee CompanyDomoHealth CatalystLucidWeaveFilevineChess.comOwlet Baby CareRecursion PharmaEntrataGalileo Financial TechnologiesPodiumCotopaxiVenafi

Academia

Salt Lake City's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Salt Lake City.

University-linked startup formation
103
University spinouts
415
Total alumni-founded companies
227
Of which startups (<$15M raised)
112
Breakouts ($15M-100M)
76
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Salt Lake City stacks up

Peers chosen from the same country (United States), sized closest to Salt Lake City by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$256B
$195B
$143B
$136B
$116B
Salt Lake City
$110B
$109B
EV growth (5-yr ×) vs current EV
peer median 4.0× 1.1× 74.1× 147.0× $5.1B $321B $20.1T EV growth (5yr ×) Combined enterprise value (log) Bay Area Seattle Austin New York City Boston Los Angeles Miami San Diego Washington DC Chicago Dallas Philadelphia Research Triangle Phoenix Atlanta Denver Minneapolis–Saint Paul Houston Salt Lake City

Top overview

United States — top cities

Top cities in United States ranked by combined EV. Salt Lake City's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 Bay Area $20.1T 7.9× 777 $157B 24.3K
2 Seattle $3.1T 10.6× 68 $6.6B 2,935
3 Austin $2T 14.0× 56 $8.1B 2,481
4 New York City $1.7T 5.3× 296 $31.2B 16.4K
5 Boston $1.2T 4.7× 185 $13.6B 6,194
6 Los Angeles $1.2T 5.8× 133 $18.3B 8,432
7 Miami $619B 12.9× 33 $2.9B 2,736
8 San Diego $399B 6.2× 52 $3.3B 2,230
9 Washington DC $317B 4.2× 45 $3.5B 2,318
10 Chicago $256B 3.5× 50 $2.1B 2,924
11 Dallas $195B 3.9× 31 $1.5B 1,866
16 Salt Lake City $110B 4.4× 34 $1.7B 1,154

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Salt Lake City dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Salt Lake City's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Salt Lake City's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Salt Lake City's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Salt Lake City's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Salt Lake City
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Salt Lake City
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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