42 Ventures is a Salt Lake City, Utah based venture capital firm and an incubator. They prefer to invest in Software-as-a-Service, mobile software, artificial intelligence and big data companies. Other than investments, 42 Ventures offers analysis, advice and consulting services. 42 Ventures was started by Ned Stringham in 2006.
They prefer to invest in companies before the business reaches $5 million in revenue, but after the businesses technology, service or business model have been proven. Typical investments range from $250,000 to $1.5 million.
42 Ventures' investments include Luminoso, Inside Real Estate, TouchPath, Insurance Technologies, Fast, Swipeclock, Deal Response, SimpleView, VerticalNerve, Distribion, MarkteingFX, New Media Gateway and Sharp Analytics.