What Convoi Ventures does

Convoi Ventures is a Utah-based pre-seed venture capital firm founded in 2022 and headquartered in Orem. The firm invests exclusively in early-stage Utah startups, with stated interest in consumer tech (marketplaces, software, hardware/software), fintech, and SaaS. Convoi positions itself as the first to find and fund Utah's next breakout companies, explicitly filling a gap in early-stage capital willing to back founders before other investors will commit.

The firm operates a community-first model: it sources deals through founder referrals, an LP network, and a Typeform pitch funnel, and it curates recurring events designed to bring portfolio founders together with limited partners. Its LP and mentor bench is unusually credentialed for a pre-seed vehicle, including CEOs and co-founders of NYSE-listed companies ($OWLT, $WEAV), executives from Pluralsight, Reddit, Podium, and Coinbase, and founders whose prior companies were acquired by Disney, Automattic, Snap, and MakerStudios, plus a creator with 8M+ TikTok followers providing distribution support. Convoi has built a portfolio of more than 30 startups and runs a separate Convoi Accelerator program.

Convoi generates returns as a traditional venture fund: capital is raised from LPs and deployed as equity into portfolio companies, with realization through exits or follow-on rounds. Revenue is not publicly disclosed. The operating team is small (five people across two Partners, Operations, Analyst/SPV Lead, and Events), and the firm has no disclosed parent company, fund size, or external institutional backing.

Name

Convoi Ventures

Legal name

Convoi Ventures

Website

https://convoiventures.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Convoi Ventures is a Utah-based pre-seed venture capital fund that invests exclusively in early-stage Utah startups across consumer tech, fintech, and SaaS, supported by a community of high-profile founder LPs.

Ownership category

akta.pro rank

Product category

Pre-Seed Venture Capital

NAICS

All Other Financial Investment Activities (52399), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)

akta.pro secondary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

Keywords

• Pre-seed venture capital
• Early-stage startup investing
• Venture capital fund
• Startup community building
• Founder mentorship programs

Headquarters

HQ city

Orem

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Venture Capital Fund Management: Convoi Ventures operates as a pre-seed venture capital fund, generating returns through equity investments in early-stage startups. The fund takes equity stakes in portfolio companies in exchange for capital investment, with returns realized through exits (acquisitions, IPOs) or follow-on funding rounds.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Convoi Ventures is a Utah-only pre-seed venture capital fund that invests early capital into Utah-based startup founders, primarily in consumer tech, fintech, and SaaS. In addition to equity investment, it provides founders with access to an LP and mentor network composed of successful Utah founders and operators, and runs community-building events to facilitate relationships. The firm also operates an accelerator program as a separate offering for selected portfolio companies.

Product overview

Convoi Ventures is a Utah-based pre-seed venture capital firm that provides early-stage funding to founders in the consumer tech, fintech, and SaaS sectors. The firm operates as a community-first fund, facilitating connections between portfolio companies and experienced founders/executives who serve as LPs and mentors. The firm also operates an accelerator program. Convoi Ventures does not offer a distinct technology product; its core offering is pre-seed investment capital, community building, and mentorship for early-stage Utah startups.

Differentiator

Problem solved

Functional benefit

Products and services

• Pre-Seed Venture Capital Investment Equity capital investment at the pre-seed stage into Utah-based startup founders, primarily in consumer tech, fintech, and SaaS, with the fund taking equity stakes in exchange for capital. Targeted at Utah-based founders who are actively building products and demonstrating fast progress with limited resources.
• LP and Mentor Network Access Portfolio companies are paired with an LP network of experienced Utah founders and operators who serve as mentors, offering expertise across product, sales, marketing, engineering, and finance. LPs include CEOs and co-founders of NYSE-listed firms and other successful Utah companies.
• Convoi Ventures Accelerator A structured accelerator program operated by Convoi Ventures for selected Utah-based startups, providing additional programming on top of pre-seed investment.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Kickstart Fund: One of the most active Utah-focused seed/early-stage investors. Direct peer because both funds concentrate on Utah startups at similar stages and compete for the same founder mindshare.
• Signal Peak Ventures: Utah-headquartered venture firm with a long track record investing in Mountain West startups. Direct peer because of overlapping Utah geography and similar SaaS/consumer/fintech investment orientation.
• Album VC: Community-driven pre-seed fund investing across the US. Direct peer because of the similar community-first thesis, pre-seed check size, and emphasis on founder-LP relationships.
• Pelion Venture Partners: Utah-based venture capital firm investing across stages with strong Utah focus. Direct peer because both target Utah-based founders, though Pelion operates across later stages with a larger fund.
• EPIC Ventures: Salt Lake City-based early-stage VC. Direct peer given shared Utah geography and early-stage focus, though EPIC tends to operate with larger initial checks.
• Peak Capital: Utah-focused early-stage VC. Direct peer given identical Utah geography, similar stage focus, and an LP relationship overlap (Co-founder Owen Fuller sits on Convoi's LP bench).

Broad incumbents

• Y Combinator: The dominant US pre-seed/seed accelerator. Broad incumbent that competes for any Utah founders who choose to apply, and whose standard deal terms set the benchmark against which Convoi must price.
• Techstars: Global accelerator and early-stage investor. Broad incumbent given Convoi also operates an accelerator; Techstars has the brand, network, and follow-on capacity Convoi aspires to, and competes for the same pre-seed deal flow.

Emerging players

• Crosscut Ventures: LA-based early-stage fund focused on consumer and SaaS. Emerging player with similar sector preferences and pre-seed/seed check size, but a different geography; competes for non-Utah founders who could otherwise have built in Utah.
• Active Capital: B2B SaaS-focused pre-seed/seed fund with a community of SaaS founders as LPs. Emerging player because the community-LP model and SaaS focus mirror Convoi's approach, though Active Capital is not Utah-restricted.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments31 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Convoi Ventures