At Stalwart Ventures, we invest in founders who see a broken process inside the markets they operate in, who feel the pain firsthand and then do something about it. That’s exactly what Murphy Nadauld did when he started ReferPro.
At Stalwart Ventures, we invest in founders who see a broken process inside the markets they operate in, who feel the pain firsthand and then do something about it. That’s exactly what Murphy Nadauld did when he started ReferPro.

Featured Stories

Weber County partnered with Qnergy to run a methane abatement pilot project. The county now abates 95 percent of methane from the focus landfill, dreams of development possibilities and sells carbon credits.
The Black Diamond Equipment co-founder turned his passion for climbing into a global business legacy. Today, he’s still moving mountains — just a different kind.
From flexible work arrangements to mental health support, Utah businesses embrace inclusivity beyond traditional “DEI” labels.
Utah entrepreneurs shone at Commerce Catalyst’s first female founder pitch competition earlier this month.
Crystalee Beck advocates for leveraging stunning trails for better business relationships and well-being.
When an executive order put international mail at risk, Zonos and SafePackage rapidly developed solutions to process duties.
Private companies now occupy 1.3 million square feet at Falcon Hill while solving decades-old infrastructure problems.
With over 1.5 million freezer meals sold annually across 12 states, Beehive Meals is busier than the bees.
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A complete reimagining of the iconic 2021 Dome, this next-gen flagship brings more power, more precision, and more space, elevating restaurant-grade live-fire cooking at home.
Monograph shares Utah’s successes, major challenges, and ideas to help seize the opportunity.
Filevine, the pioneer of the Legal Operating Intelligence System, has raised $400 million in an all-equity financing, underscoring investor confidence in both the legal tech market and Filevine’s growing market share.
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Founder Stories

The Black Diamond Equipment co-founder turned his passion for climbing into a global business legacy. Today, he’s still moving mountains — just a different kind.
With over 1.5 million freezer meals sold annually across 12 states, Beehive Meals is busier than the bees.
How serial entrepreneur Ashley Korenblat changed the mountain biking community and fought for Southern Utah land.
How Blue Unicorn co-founders Jason and Meradith Christensen and Luke Tolley created a legendary protein bar.
With functional diaper bags made of premium leather, Ayla & Co helps busy parents stay stylish and organized.
OZ incentives and reporting reshaped for real estate investors and developers
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This Utah company’s smart surveillance doesn’t just record incidents — it actively intervenes to prevent them.
Utah’s diverse cultural landscape provides a strong foundation for international collaboration, supported by forward-thinking educational institutions preparing students for leadership in global tech diplomacy.
When barriers disappear, first-mover advantage crumbles.
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