Founded in 2012, Plus550 specializes in investing in early stage technology startups in Utah. With an average startup value of $10-50 million, the fund has a focus on rounds with 5-6 participants and typically invests in deals ranging from $5-10 million. While Plus550 has a lower average amount of lead investments compared to other organizations, it has seen increased activity and exits in recent years. The fund has no specific preference for founders of portfolio startups, but startups with 4 or 5+ founders have a lower chance of receiving investment. Additionally, startups are more likely to receive funding if they are 2-3 years old. Plus550's most popular portfolio startups include MX Technologies, JANIIS, and ClientSuccess. The fund is often joined by sponsors such as Mark Wankel, Kreg Peeler, and Josh James, with notable co-investors including Kickstart Seed Fund, Prelude Ventures, and Peak Ventures.