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Peterson Ventures

North America, Utah, United States, Salt Lake City

Description

Peterson Ventures is an early-stage venture capital firm based in Salt Lake City, Utah, known for its strategic partnerships with entrepreneurs at the Seed and Series A stages. The firm's investment focus spans diverse sectors, including B2B SaaS, FinTech, Healthcare, and Consumer. Their investment philosophy emphasizes active collaboration and providing hands-on strategic support to help portfolio companies scale effectively, leveraging their operational experience to guide founders through critical growth phases, from achieving product-market fit to team expansion and subsequent fundraising rounds.

The firm typically writes initial checks ranging from $500,000 to $5 million, indicating their commitment to providing substantial early-stage capital. This flexibility allows them to back a wide array of promising startups, from nascent ideas requiring initial validation to more developed companies seeking to accelerate their growth. Peterson Ventures has demonstrated a consistent ability to identify and nurture high-potential ventures, often leading investment rounds and contributing significantly to the strategic direction of their portfolio companies.

Peterson Ventures has been an active player in the venture landscape, having made over 120 investments since its inception. This extensive portfolio highlights their broad reach and commitment to the early-stage ecosystem. The firm successfully closed its fourth fund, Peterson Ventures Fund IV LP, at $100 million in 2021, following a $65 million close for Fund III. These successive fundraises underscore their growing influence and the confidence of their limited partners in their investment strategy and ability to generate returns. Their track record includes over 20 exits, demonstrating their capability to guide companies to successful liquidity events.

Investor Profile

Peterson Ventures has backed more than 242 startups, with 5 new investments in the last 12 months alone. The firm has led 31 rounds, about 13% of its total and boasts 24 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Convertible Note rounds (top funding stages).
  • Majority of deals are located in United States, China, United Kingdom.
  • Strong thematic focus on Software, E-Commerce, Financial Services.
  • Led 1 rounds in the past year.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (42%)
  • Series A (26%)
  • Convertible Note (12%)
  • Series B (8%)
  • Pre Seed (5%)
  • Series Unknown (4%)
  • Series C (2%)
  • Series D (1%)

Country Focus

  • United States (98%)
  • China (2%)

Industry Focus

  • Software
  • E-commerce
  • Financial Services
  • Fintech
  • Health Care
  • Saas
  • Information Technology
  • Analytics
  • Artificial Intelligence (Ai)
  • Finance
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Peterson Ventures frequently co-invest with?

Rose Park Advisors
North America, Massachusetts, United States, Boston
Co-Investments: 7
Album VC
North America, Utah, United States, Lehi
Co-Investments: 10
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 6
Pelion Venture Partners
North America, Utah, United States, Salt Lake City
Co-Investments: 12
Maveron
North America, California, United States, San Francisco
Co-Investments: 9
Otter Rock Capital
North America, California, United States, Los Angeles
Co-Investments: 8
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 8
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 8
Lerer Hippeau
North America, New York, United States, New York
Co-Investments: 6
Kickstart
North America, Utah, United States, Salt Lake City
Co-Investments: 44

Which angels does Peterson Ventures often collaborate with?

BW
North America, California, United States, Los Angeles
Shared Deals: 8
EL
North America, Florida, United States, Miami Beach
Shared Deals: 2
ER
North America, California, United States, San Francisco
Shared Deals: 2
AA
North America, California, United States, San Francisco
Shared Deals: 3
JJ
North America, Utah, United States, Provo
Shared Deals: 3
Shared Deals: 3
RS
North America, Utah, United States, Provo
Shared Deals: 3
EY
North America, California, United States, Santa Clara
Shared Deals: 3
JA
North America, Utah, United States, Salt Lake City
Shared Deals: 7
AS
North America, Utah, United States, Farmington
Shared Deals: 3

What are some of recent deals done by Peterson Ventures?

SchoolAI

Lehi, Utah, United States

SchoolAI gives educators the time, data, and tools to design a better, more personalized classroom experience. Free for teachers.

Artificial Intelligence (AI)EducationInformation Services
Series AApr 2, 2025
Amount Raised: $25,000,000
DiversiFi

Salt Lake City, Utah, United States

B2B SaaS in the shipping industry

Delivery ServiceEnterprise SoftwareSaaSShippingSoftware
Pre SeedFeb 14, 2025
Amount Raised: $3,000,000
Mobly

Lehi, Utah, United States

Mobly is a SaaS platform that provides mobile software, data hygiene, and sales operations.

B2BEvent ManagementMarketing AutomationMobile AppsSaaSSoftware
SeedJan 21, 2025
Amount Raised: $4,300,000
Leland

Stanford, California, United States

Leland is a coaching marketplace that provides access to coaching, classes, and community for individuals with education and career goals.

Career PlanningConsultingEducationMarketplace
Series ANov 13, 2024
Amount Raised: $12,000,000
Two Boxes

Denver, Colorado, United States

Two Boxes is the future of sustainable e-commerce returns.

E-CommerceLogisticsSupply Chain Management
Series ASep 16, 2024
Amount Raised: $5,300,000
Synthpop

Brooklyn, New York, United States

Synthpop streamlines operations through AI-powered solutions that automate administrative tasks for healthcare providers.

Artificial Intelligence (AI)Health CareSaaS
SeedJun 28, 2024
Amount Raised: $5,600,000
GovSky

Exeter, New Hampshire, United States

Building cybersecurity technology to secure America’s supply chain.

Cyber SecuritySaaSSoftware
SeedJun 18, 2024
Rising Team

Palo Alto, California, United States

Rising Team is a software development company that offers tools to help increase employee engagement and scale talent development

Artificial Intelligence (AI)TrainingWeb Development
Series AJun 6, 2024
Amount Raised: $8,000,000
Videra Health

Orem, Utah, United States

Videra Health is a firm that offers health care services

Health CareHospitalHospitalityMedical
SeedMay 21, 2024
Amount Raised: $5,600,000
Chiyo

Manhattan, New York, United States

Chiyo is a maternal nutrition firm that offers meal delivery for fertility, pregnancy, and postpartum.

Health CareNutritionWellness
SeedMar 26, 2024
Amount Raised: $3,000,000