Salt Lake City Startup Ecosystem
Growing tech scene with outdoor lifestyle, lower costs, and strong enterprise software focus. Quality of life attracts top talent.
Ecosystem Overview
💰 Funding
$1.5B+ in total funding, with growing access to VCs and angel investors.
👥 Talent
50K+ tech workers and access to University of Utah talent.
🏢 Infrastructure
8 accelerators, 15 co-working spaces, and growing support networks.
Key Strengths
Key Industries
Cost of Living
Top Accelerators
Top Funding Sources
Notable Companies
Frequently Asked Questions
Why is Salt Lake City a good city for startups?
Salt Lake City offers a growing tech scene with quality of life, outdoor lifestyle, lower costs than major tech hubs, strong enterprise software focus, and attracts talent seeking work-life balance. The city has a growing tech scene with strong presence in enterprise software and outdoor recreation tech.
What are the top accelerators in Salt Lake City?
Top accelerators include Techstars Salt Lake City, BoomStartup, and Launchpad. The ecosystem also benefits from strong university connections and growing startup community. Many accelerators focus on enterprise software and outdoor recreation tech.
How much does it cost to start a startup in Salt Lake City?
Salt Lake City has a cost of living index of 122 (22% above national average), making it more affordable than major tech hubs. Average rent for a 1-bedroom is around $1,400/month. The quality of life and lower costs make it attractive for startups and talent.
What industries are strongest in Salt Lake City?
Salt Lake City is particularly strong in enterprise software, fintech, and outdoor recreation tech. The city has a growing presence in AI/ML, health tech, and cleantech. The proximity to outdoor activities attracts talent seeking work-life balance.
Is Salt Lake City good for finding tech talent?
Yes, Salt Lake City has a growing tech talent pool with access to local universities, tech workers relocating from other cities, and competitive salaries. The quality of life and outdoor lifestyle attract top talent seeking better work-life balance.
What VCs are active in Salt Lake City?
Active VCs include Peak Ventures, Epic Ventures, and Kickstart Seed Fund. Many Bay Area and other national VCs also invest in Salt Lake City startups, recognizing the value proposition of quality of life, lower costs, and strong talent.
Compare with Other Ecosystems
🏔️ Denver
Similar outdoor lifestyle and quality of life. Similar costs and growing tech scene.
Compare →🤠 Austin
Similar size and quality of life focus. Strong B2B SaaS and rapidly growing.
Compare →🌲 Portland
Similar outdoor lifestyle. Similar costs and growing tech scene.
Compare →☕ Seattle
Similar enterprise software focus. Higher costs but more established ecosystem.
Compare →Related Resources
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