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The Venture Codex

Startup Ignition Ventures

560 S 100 W, Provo, UT, 84601, US

Overview

Startup Ignition Ventures is a venture capital firm that provides pre-seed investment for validated business models. It seeks to invest in technology startups, specifically in Saas, B2B, internet, consumer products, mobile, software, gaming, augmented reality, and virtual reality sectors.

Total investments
7
Lead investments
7
Investments · 12mo
1
Active investors
2

Sector focus

  • Business Development
  • Finance
  • Financial Services
  • SaaS
  • Software
  • Venture Capital
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Investment portfolio

  • 4StudentLives

    Led · Seed · Mar 2026

    4StudentLives provides a digital hub that centralizes K-12 threat assessments, suicide risk assessments, risk scores, and ongoing management plans so school safety teams can collaborate and track interventions. The platform enables standardized online assessments, notifies relevant staff, and helps teams build structured support plans involving administrators, counselors, school resource officers, and social workers. It integrates with widely used threat-assessment frameworks such as the behavioral threat assessment and management (BTAM) model and gives district leaders visibility into emerging patterns across schools. The company began going to market in August 2025 and has secured contracts with school systems in California, including county offices of education and court and community schools. Founder and CEO Adam Bangerter developed the product based on years of experience in behavioral health and residential youth treatment. Financially, 4StudentLives has raised a $600,000 pre-seed round from Startup Ignition and intends to use the proceeds to expand into additional states and grow district partnerships.

  • Data Phleet

    Led · Seed · Jul 2025

    Data Phleet builds an AI-driven automation platform that automates complex NERC compliance tasks, generates audit-ready reports, and integrates with legacy utility systems. The product targets compliance across both traditional (coal and gas) and renewable infrastructure. Led by CEO Ryan Larsen, the company was founded in 2022 and is based in Highland, Utah. Data Phleet uses proprietary automation to simplify workflows and help utilities meet evolving NERC standards. The company plans to use new funding to further develop its AI-powered automation platform. The article does not disclose revenue or user metrics.

  • Palette

    Led · Seed · Dec 2023

    Palette is a B2B SaaS project management and workflow tool aimed at artists and creative teams, offering an all-in-one project management solution for content creators. The platform combines important features from multiple software solutions into a single product and integrates AI tools for collaboration. Palette was founded by Do Park and Hunter Tinney and launched in September 2023. The company has applied lean startup techniques to validate its business model and product-market fit, and counts Angel Studios among its beta users. Palette raised $150,000 in a pre-seed investment and will use the funds to refine and expand its capabilities. The company is based in South Jordan, Utah, and lists its website as https://palette.tools/.

  • RECORD

    Led · Seed · Dec 2023

    Record is a Las Vegas-based B2B SaaS startup that builds software to help personal injury law clients communicate more effectively with their attorneys. Founded by Kenny Eliason, the company focuses on improving client experiences and case outcomes in personal injury law. Record is currently being used by 70 active users represented by eight law firms. The company raised $500,000 in a pre-seed round and will use the funding to refine and expand its capabilities. The product centers on client-attorney communication and case management workflows for personal injury practices. The announcement emphasizes product refinement and improved case outcomes as near-term priorities.

  • Masset.ai

    Led · Seed · Dec 2023

    Masset.ai offers a digital asset management platform that centralizes, manages, and analyzes marketing content for B2B, SaaS, and tech businesses. Its platform provides content cloud storage, crowdsourced content accuracy, flagging of outdated content, and quick internal sharing to streamline cross‑department collaboration. The company targets businesses with roughly 100 to 1,000 employees that lack a dedicated headcount or budget for enterprise software. Masset.ai plans to use new funding to extend its runway and focus on achieving product–market fit. The company aims to help clients maximize the return on their content marketing efforts by keeping assets organized and improving content accuracy. Founders are Benjamin Ard and Tyler Russel.

Team