
University Growth Fund
299 S Main St Ste 357, Salt Lake City, UT, 84111, United States
Overview
University Growth Fund is the largest education-based private equity fund in the country, giving university students the opportunity to gain real-world experience as they invest alongside top tier investors in many of the best companies in the country.
- Total investments
- 15
- Lead investments
- 1
- Investments · 12mo
- 2
- Active investors
- 3
Sector focus
- Venture Capital
Investment portfolio
- Zanskar
Participated · Series C · Jan 2026
Zanskar combines artificial intelligence, modern drilling techniques, and computational geoscience to find, assess, and develop geothermal energy resources. The company has a portfolio of greenfield geothermal projects, including the Lightning Dock site in New Mexico and recent discoveries at Pumpernickel and Big Blind in Nevada, plus two announced discovery sites in Nevada. Financially, Zanskar completed a $115 million Series C in January 2026 (later expanded with additional investment from Just Climate) and has now closed a $40 million revolving Development Capital Facility structured to scale to $100 million. Zanskar plans to use the new facility to fund pre-construction work and bridge projects to traditional project financing so it can rapidly build multiple geothermal power plants. The company aims to deliver gigawatts of clean, firm power to U.S. customers and expects to create hundreds of jobs as it scales development. Zanskar markets its approach as making geothermal more predictable, lowering development costs, and enabling large-scale deployment of dispatchable baseload power.
- Nest Health
Participated · Series A · Nov 2025
Nest Health delivers integrated medical, behavioral, and social care to entire households, replacing the fragmented experience of juggling pediatric, adult, and mental-health providers. Families receive age- and stage-aligned in-home visits augmented by virtual consultations, 24/7 clinical support, and coordinated referrals to specialists. The company’s offering spans primary care, mental-health and substance-use treatment, and social-needs assistance such as housing or utilities support. Its AI tools automate workflows before, during, and after caregiver interactions to boost care-team efficiency. Founded by Dr. Rebekah Gee, Nest Health currently operates in Louisiana and Arizona and targets Medicaid populations. The fresh $22.5 million Series A financing strengthens its balance sheet and will fund expansion of its AI-driven clinical products and geographic footprint through new and existing payer partnerships.
- Carputty
Participated · Equity · Mar 2024
Carputty offers the Flexline product, a flexible line of credit to finance new and used vehicles, lease buyouts, and refinancing, using data-driven insights to provide transparent, dynamic financing. Founded in 2020 and operating from Atlanta, the company sells via multichannel partnerships and works with partners such as Turo and Lucid Motors USA. Carputty operates across 48 states and territories and is anticipated to open in California, representing ~12% of the U.S. auto market. The company plans to use new funding to aggregate large tranches of prime-plus consumer auto loans and to prepare for its first securitization. Carputty positions the Flexline to support onboarding new buyers and investors and to expand its direct-to-consumer offerings. The company has raised more than $100 million in total funding to date. Carputty offers Flexline™, a continuous line-of-credit product that members can use to finance new and used vehicles, buy out leases, or refinance existing auto loans. Consumer Flexline limits go up to $250,000 while Business Flexline reaches $800,000. The company sells an end-to-end, data-driven platform that can be embedded with business partners to provide integrated auto financing capabilities. Led by co-founders Patrick Bayliss (CEO) and Joshua Tatum (Chief Product Officer), Carputty is focused on accelerating platform development and expanding business collaborations. The company intends to use recent funding to drive commercialization and adoption across the U.S. Carputty had $21.96M in total funding after the announced round. Carputty is an Atlanta-based direct lender that aims to transform auto finance by returning control and transparency to consumers. Its proprietary software includes Flexline, which lets consumers place one or more cars on a single platform with rates set by a consumer profile, and V3 Valuation, a predictive analytics tool to estimate vehicle values. The platform underwrites loans for pre-approval without affecting consumer credit scores and supports refinancing, new and used purchases, and lease buyouts. Co-founders Patrick Bayliss (CEO) and Joshua Tatum (CPO) bring multi-dealership and consumer-lending experience. The company plans to use new capital to enhance its products, scale quickly, and deliver easy-to-use lines of credit and valuation tools. Carputty positions itself against a large market opportunity, citing roughly $1.4 trillion in outstanding auto loans in late 2020.
- IRALOGIX
Participated · Series C · Jul 2022
Iralogix is a technology-enabled company that provides paperless, white-label IRA record keeping and technology solutions. Its proprietary, modular platform enables financial institutions to customize IRA offerings and either use internal investment/advisory capabilities or select from industry providers. The company is led by CEO David Bernard and CSO Joe Hipsky and is based in Pittsburh, PA. Iralogix intends to use recent funding to accelerate development of new platform features, expand sales efforts and support rapid growth. Management is targeting and continuing to drive an annual growth rate of over 100%. Iralogix is a Pittsburgh, PA-based cloud-native technology platform that provides white-label IRA product capability to financial services firms. The company offers technology-enabled, fully paperless, white-label IRA recordkeeping and technology solutions under the leadership of CEO David Bernard. Its modular offerings enable partners to launch profitable IRA programs with no account minimums while leveraging institutionally priced investments as well as professional advice and education. Iralogix completed a $7.5M Series B financing to support its growth. The company intends to use the funds to continue to expand operations and its business reach. No operating metrics were disclosed in the article. iraLogix is a cloud-native IRA recordkeeping and trading technology platform offering paperless, white-label IRA products to financial services firms. Led by CEO David Bernard and based in Pittsburgh, PA, the platform provides institutionally priced investment choices and access to professional advice, education, and other financial services with no account minimums. The company targets institutional IRA providers and firms interested in entering the IRA business. It emphasizes a paperless, white-label implementation to enable clients to offer IRA capabilities under their brand. iraLogix intends to use new capital to expand its technology and broaden its institutional client base.
- Prime Trust
Participated · Series B · Jun 2022
Prime Trust operates a suite of backend fintech and crypto infrastructure products that cover onboarding (AML/KYC/rails), monetization (trading and custody) and liquidity (IRAs and trading-related products). The company serves roughly 700 customers across exchanges, on-ramps, wallet apps, ATSs, RIAs, broker-dealers and banks and has grown its headcount to about 400. It plans to use new funding to launch a crypto-focused IRA retirement account, wealth-management offerings and crypto staking products, and to enhance support for tokenized products such as NFTs. Prime Trust is also investing in security and scalability improvements, including a new cloud architecture. The firm positions itself as a broad “one-stop-shop” backend provider for institutional clients that can pick and choose platform components. Prime Trust offers payment, settlement, KYC and liquidity APIs that management says cover the “full infrastructure stack” for neo-banks, crypto exchanges and other fintechs. The platform handles roughly 250 million API calls per month from clients including Binance.US, Kraken, Bittrex and Strike. Prime Trust has grown 448% year over year and is projecting an annual revenue run rate of $100 million; revenue has doubled every year since its custody wing launched in 2017. The company says its APIs are a central, “plug-and-play” part of the business and driver of client activity. With the new funding, Prime Trust plans an aggressive hiring campaign and to add systems to expand services beyond crypto into broader fintech use cases and alternative investments via tie-ups with neo-banks and registered investment advisors. Management intends the capital to support scaling across the organization as demand for its infrastructure grows.
Team
Peter Harris
Co-Founder and Partner
LinkedInTom Stringham
Managing Partner
Yilan Shi
Associate