Speaking on Business: Album VC

Salt Lake Chamber

This is Derek Miller, Speaking on Business. Nicknamed the Startup State, Utah is a place where people see their business dreams become reality. Here to help is Album VC, a venture capital team with a vested interest in early-stage tech startups. Founder and General Partner, John Mayfield, joins us with more. John Mayfield: At Album VC, we focus on early-stage technology investments, specializing in business software and startups rooted in Utah. For the past decade, we’ve invested in 6 to 10 high-potential companies annually, providing not just capital but mentorship. Known for our founder-friendly approach, we’ve supported several Utah-based tech companies that have grown to exceed 1 billion dollars in market value. Notable successes include Podium, a customer communication platform; Filevine, a case management tool for lawyers; Divvy, a spend management software; and Neighbor, a peer-to-peer self-storage platform. Our investment philosophy prioritizes genuine human connection, fostering long-term relationships with entrepreneurs over transactional dealings. This commitment has led to investments in over 100 companies, with assets under management surpassing 500 million dollars. At Album VC, we’re proud to help Utah’s tech ecosystem thrive while empowering founders to achieve lasting success. Derek Miller: Success in today's fast-paced business world demands a unique blend of talent, timing and expertise. As investors with entrepreneurial and operating backgrounds, Album VC combines instinct with strategic investment decisions. To learn more, visit Album.VC. I’m Derek Miller with the Salt Lake Chamber, Speaking on Business. Originally aired: 1/30/25