Checking on Utah’s startup scene as the economy slips

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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

TechCrunch is taking a closer look at a few markets as the world changes. Following our dive into Boston late last week, we’re widening our scope and taking a peek at the state of Utah.

Utah’s startup scene has been in the news lately, with one of its better-known successes Podium raising $125 million, for example. The round valued Podium at around $1.5 billion, a healthy valuation for the company which recently reached $100 million ARR.

To get a handle on what’s going on in Utah, TechCrunch spoke with Qualtrics’ CEO and co-founder Ryan Smith about his home state. We’ve also snagged some recent news and venture data and taken a look at what the tech companies of Silicon Slopes are doing as a group. Let’s explore.

Written by Alex Wilhelm
This news first appeared on https://techcrunch.com/2020/04/13/checking-on-utahs-startup-scene-as-the-economy-slips/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Techcrunch+%28TechCrunch%29 under the title “Checking on Utah’s startup scene as the economy slips”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.