Do partners at Frazier VC serve in board roles? Yes—our team actively takes board seats and observer roles, partnering with Seed and Series A companies across Utah and the Mountain West.

Frazier Fund II, a $20.2M venture capital fund. Explore the portfolio and performance of this early-stage Utah VC fund.

What happens when you invest early in companies like GitHub, Domo, and Galileo? Frazier Fund I offers the answer.

Yes—Frazier VC leads investment rounds. We anchor Seed and Series A raises, serve on the board of advisors, and connect founders to a deep network of investors across Utah and the Mountain West.

Frazier VC begins investing at the Seed to Series A stage, partnering with Utah and Mountain West companies that are gaining traction and preparing to scale. From early board involvement to follow-on investments through primary rounds, secondaries, and convertible notes, we stay engaged through acquisition or IPO.

Frazier VC Fund II purchased secondary shares in Ephesoft in November 2018 and April 2019. Headquartered in Irvine, California, Ephesoft built intelligent document processing software that automates document capture and data extraction for document-heavy workflows. This investment has been realized.

Frazier VC Fund II purchased secondary shares in InMoment in July 2018. Headquartered in the Salt Lake City area, Utah, InMoment provides customer experience technology that helps organizations collect feedback across channels and convert it into actionable insights. This investment has been realized.

Frazier VC Fund II purchased secondary shares in Blip in August 2019. Based in Orem, Utah, Blip operates a self-serve marketplace for digital billboard and out-of-home advertising, helping businesses launch flexible campaigns while enabling media owners to monetize inventory through software. This investment has been realized.

Frazier VC purchased secondary shares in Lendio in December 2019. Based in Lehi, Utah, Lendio operates a small business lending marketplace that helps business owners compare and access financing options through a streamlined application process. This investment has been realized.

Frazier VC Fund II purchased secondary shares in TaskEasy in June 2019. TaskEasy provided a property maintenance marketplace and workflow platform that helped portfolio owners and managers coordinate recurring services across distributed properties. The investment has been realized.

Frazier VC Fund II purchased secondary shares in One Medical in September 2017 and September 2018. Based in San Francisco, One Medical built a membership-based primary care model combining in-person clinics with virtual care. These investments have been realized.

Frazier VC Fund II purchased secondary shares in Simplus in June 2018. Based in Salt Lake City, Utah, Simplus was a Salesforce consulting and implementation firm supporting enterprise cloud transformation and complex Salesforce deployments. The investment has been realized following Infosys’ acquisition of Simplus, which was completed on March 13, 2020.

Frazier VC invested in Venafi through secondary purchases across multiple funds, with Fund I purchasing secondaries in 2016–2017 and Fund II purchasing secondaries in 2018–2019. Headquartered in Salt Lake City, Utah, Venafi built a machine identity security platform focused on protecting certificates, keys, and other non-human identities at enterprise scale. These investments have been realized following CyberArk’s acquisition of Venafi, which was completed on October 1, 2024

Frazier VC invested in Kuali, Inc. through both primary and secondary transactions, with Fund III completing a primary and secondary purchase in December 2020. Fund IV later purchased additional secondary shares in November 2023. Based in Lehi, Utah, Kuali provides cloud software that supports mission-critical higher education operations across finance, research administration, curriculum, and campus workflows.

Frazier VC Fund III purchased secondary shares in Degreed, Inc. in June 2021. Based in Pleasanton, California, Degreed provides an enterprise learning experience platform focused on upskilling and skills development, helping organizations centralize learning content, track growth, and scale talent development initiatives across teams.

Frazier VC has invested in ABOUT Healthcare through multiple primary and secondary purchases beginning in 2018, including primary participation in Series B and Series C financings. Fund III made the most recent investment through a secondary purchase in November 2020. ABOUT Healthcare provides healthcare access and orchestration software that helps health systems manage patient movement, transfers, and care logistics with improved visibility and workflow coordination.

Frazier VC has invested in Carterra across multiple primary rounds including a Series A, Series B, Series F, and Series G. Based in Salt Lake City, Utah, Carterra builds life sciences tools that help therapeutic discovery teams generate large volumes of binding data efficiently through differentiated microfluidics and label-free analysis.

Frazier VC invested in Techstyle Fashion Group, Inc. through secondary purchases, with Fund II purchasing secondaries in February 2020 and Fund III purchasing secondaries in July 2020. Based in California, Techstyle operates a portfolio of digital-first, membership-driven fashion brands built on data-informed merchandising and recurring customer relationships.

Frazier VC Fund III made a primary investment in Pure (BUILD Infusion Holdings, LLC) in March 2022. Operating as Pure Infusion Suites, the company provides ambulatory infusion care in private-suite settings for patients receiving specialty infusion and injection therapies. The investment supports a scalable healthcare delivery model built around repeatable clinic rollout and standardized clinical operations.

Frazier VC has invested in Nav Technologies, Inc. across many primary and secondary purchases beginning in 2014, including participation through convertible notes and Series A exposure. Fund III made purchases from 2020 to 2022, and Fund IV made the most recent purchase in April 2024. Nav provides a financial health platform for small businesses, helping owners understand their credit profile and connect with financing options aligned to their qualifications.