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Assure Acquires BoomStartup, Launches Assure Technology to Digitize a Complete, End-to-End Solution for the Private Investment Marketplace

Acquisition catalyzes growth strategy to provide a full suite of services for private investment market participants through every stage of a transaction.

SALT LAKE CITY (June 21, 2019) — Assure, the leading provider of fund administration and transaction services for the private investment marketplace, announced today that it has acquired BoomStartup, one of the top startup accelerators in the United States.

With the acquisition of BoomStartup, Assure now offers a comprehensive platform to founders, companies, investors and deal organizers with a full suite of solutions and services applicable throughout the entire venture life cycle from idea to exit. By maintaining touchpoints throughout this cycle, Assure is positioned to deliver solutions at the exact time of need and in the most efficient and value-additive way.

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Announcing the Class for BoomStartup 2018

We’re thrilled to announce the eight companies in the 2018 BoomStartup cohort. This is our 8th class since starting in 2010. This year’s class includes two companies from Utah, New York and Colorado and one each from Michigan and Ukraine.

Founders in this year’s class are bringing new solutions to hard problems in cycling, e-commerce, education, snow management and enterprise SaaS.

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ShopHero Expands Service

ShopHero expands grocery delivery into new stores

Provo-based ShopHero recently announced its expansion into stores in 30 different states and three countries. This is in addition to the 18 Utah independent grocers already in ShopHero’s network.

Grocery delivery continues to expand nationwide, and ShopHero helps smaller independent grocers offer the service to their customers.

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Vutiliti Launches HotDrop a Revolutionary Energy Monitoring Device

Vutiliti Launches HotDrop a Revolutionary Energy Monitoring Device

Vutiliti (pronounced “view-tility”), a Utah company, unveiled its revolutionary new device called “HotDrop” at the Solar Power International trade show in Las Vegas earlier this month. HotDrop is an affordable energy monitoring device that installs in seconds and provides real-time energy load information wirelessly over great distances, solving the greatest pain points of energy monitoring.

“The response from the energy industry is extraordinary,” says Steve Ellis, CEO of Vutiliti. “Monitoring electricity usage at any level has traditionally required electricians and time-consuming installations with expensive equipment. HotDrop has changed everything about that, and the industry leaders instantly recognized these amazing benefits for their bottom lines.”

The HotDrop, at the size of a 9-volt battery, fits anywhere and is powered through a unique and patent-pending approach that requires no batteries or wiring to install it. With a typical installation time of less than 10 seconds, and a real-time, long-range wireless communication system that transmits miles away, HotDrop is designed for the toughest environments where reliability, real-time information, and distance are vital. A HotDrop device is configured in seconds through Vutiliti’s mobile app.

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RoviTracker: The Link Between Humans And Equipment

RoviTracker: The Link Between Humans And Equipment

While Alain Eav consulted for a heavy equipment manufacturer, he learned what a nightmare it can be to manage equipment. “The industry likes to keep things pretty simple,” Eav explains. “That means using a whiteboard or magnetic board to keep track of their equipment, client, service record, rental dates, etc.” You know what seems risky to me? Keeping track of insanely expensive machinery ON A WHITEBOARD. AN ERASABLE WHITEBOARD. You get one disgruntled employee with a paper towel and you’re toast.

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Varkain Contributes $100,000 toward Pre-Seed Round for Vutiliti

Varkain Contributes $100,000 toward Pre-Seed Round for Vutiliti

Varkain, a venture capital group based in Las Vegas, has contributed $100,000 toward the Pre-Seed Round for Vutiliti. Vutiliti (pronounced “view-tility”) gathers and provides real-time information on utility usage (electric, gas, water, renewables) so that consumers, businesses, and governments can monitor and budget utility usage. Vutiliti’s mobile and web programs guide consumers to actual consumption reduction, saving them money while reducing usage of water, gas, and electricity generation.

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