# Southern Ute: portfolio, investments and team

> Southern Ute is a growth equity based in United States. 7 investments on record, latest Aug 2012. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/southern-ute (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Southern Ute

Last cheque observed Aug 2012. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Growth equity

Series A Series B Series C

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 7 on record

Since the last cheque **5197** days **00** hrs **00** min **00** sec

Median round **$11M** Rounds led **0 of 7** Exits **2 from the portfolio** Mostly in **United States, 100%**

Pitch Southern Ute

## Southern Ute highlights

- 01 7 rounds on record
- 02 Mostly Series A and Series B: 57% of its rounds
- 03 2 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **7 appearances**

- **2012** 2 rounds
- **Aug** **[Solix Biofuels](https://millionrounds.com/company/solix-biofuels)** Series C · US · bloomberg.com **$31M** With 2 others
- **Aug** **[Solix BioSystems, Inc.](https://millionrounds.com/company/solix-biosystems-inc)** Series C · US **$31M** With 2 others
- **2008** 2 rounds
- **Nov** **[Solix BioSystems, Inc.](https://millionrounds.com/company/solix-biosystems-inc)** Series A · US **$11M** With 4 others
- **Nov** **[Solix Biofuels](https://millionrounds.com/company/solix-biofuels)** Series A · US · renewableenergyworld.com **$11M** With 4 others
- **2006** 2 rounds
- **Oct** **[VeraLight](https://millionrounds.com/company/veralight)** Series B · US **$18M** With 5 others
- **Feb** **[AWR Corporation](https://millionrounds.com/company/awr-corporation)** Venture · US **$6.4M** With 4 others
- **2005** 1 round
- **Jan** **[Ahura Scientific](https://millionrounds.com/company/ahura-scientific)** Series B · US · ahuracorp.com **$10M** With 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 17 we have independently watched raise

Boys and Girls Club Employee Webmail GF Private Equity Group GF Properties Group Kava Equity Partners Lake Capote Recreation Area Multi-Purpose Facility and Chapel Red Cedar Gathering Company Red Willow Production Company Sky Ute Casino Resort Sky Ute Fairgrounds Southern Ute Drum Southern Ute Montessori Academy Southern Ute Utilities Suitdoe SunUte Community Center Three Springs Durango

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[AWR Corporation](https://millionrounds.com/company/awr-corporation)** Bought by [National Instruments](https://millionrounds.com/fund/national-instruments) **Undisclosed** May 2011

**[Ahura Scientific](https://millionrounds.com/company/ahura-scientific)** Bought by [Thermo Fisher Scientific](https://millionrounds.com/fund/thermo-fisher-scientific) **$145M** Jan 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series A Series B Series C

Median round joined **$11M** the round, not its cheque

Led 0 of 7 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Aug 2012
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series A *2*
- Series B *2*
- Series C *2*
- Venture *1*

Cheques by year Led Joined

2005 2012

Often in the room with

- [Bohemian Investments](https://millionrounds.com/fund/bohemian-investments) 2
- [Bohemian Venture](https://millionrounds.com/fund/bohemian-venture) 2
- [CMEA Ventures](https://millionrounds.com/fund/cmea-capital) 2
- [I2BF Global Ventures](https://millionrounds.com/fund/i2bf-global-ventures) 2
- [I2BF Venture Capital](https://millionrounds.com/fund/i2bf-venture-capital) 2
- [Infield Ventures](https://millionrounds.com/fund/infield-ventures) 2

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## Who they invest alongside

The investors most often in the same rounds as Southern Ute. A count of rooms they were both in, not a relationship either has claimed.

[**Bohemian Investments** VC firm **2** rounds together](https://millionrounds.com/fund/bohemian-investments)[**Bohemian Venture** VC firm **2** rounds together](https://millionrounds.com/fund/bohemian-venture)[**CMEA Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/cmea-capital)[**I2BF Global Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/i2bf-global-ventures)[**I2BF Venture Capital** VC firm **2** rounds together](https://millionrounds.com/fund/i2bf-venture-capital)[**Infield Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/infield-ventures)[**Valero Energy** Corporate VC **2** rounds together](https://millionrounds.com/fund/valero-energy)

## Quick answers about Southern Ute

### What does Southern Ute invest in?

Southern Ute invests most often at Series A and Series B (57% of the rounds on record).

### How active is Southern Ute?

7 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2012.

### How big are Southern Ute's cheques?

The median round it joins is $11M.

### Does Southern Ute lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

### Where does Southern Ute invest?

Most of the companies it backs are in the United States (100%).

### Is Southern Ute investing now?

No investments in the last 12 months; the latest was in Aug 2012.

### Who does Southern Ute invest alongside?

Most often Bohemian Investments (2 rounds together), Bohemian Venture (2 rounds together) and CMEA Ventures (2 rounds together).

### What kind of investor is Southern Ute?

Southern Ute is a growth equity firm based in United States.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=southern-ute) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=southern-ute)
