SaltMines

SaltMines

SaltMines creates consumer and enterprise solutions in a high-energy, entrepreneurial environment.

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$1.3m

Seed
Total Funding000k
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SaltMines Group operates as a hybrid start-up studio and professional services provider, positioning itself as a strategic partner for a diverse clientele. The company was founded by Jesse DeMund and David Raehpour.

The firm's business model is bifurcated to serve two primary market segments. For early-stage startups, SaltMines functions as a technical co-founder, providing essential technological resources and expertise to accelerate product development and market entry. This model is designed to help new ventures conserve equity and navigate the critical initial phases of growth. For established enterprises, the company acts as a solutions provider, delivering enterprise-level professional services to drive innovation and support large-scale projects. This dual approach allows SaltMines to engage with the full spectrum of the business ecosystem, from nascent ideas to mature corporations.

Revenue is generated through service fees for its enterprise consulting and potentially through equity stakes or a fee-for-service model with its startup partners. By offering an accelerated and cost-effective path to product launch and innovation, SaltMines addresses the common challenges of high costs and slow development cycles that can hinder both startups and established companies. The firm's core service is to supply the necessary technical horsepower and strategic support to facilitate growth and successful project execution for its partners.

Keywords: startup studio, professional services, technical co-founder, enterprise solutions, product development, innovation consulting, venture building, technology partner, business acceleration, equity conservation, product launch services, corporate innovation, strategic advisory, tech resource provider, cost-effective development, market entry strategy, project execution, enterprise technology, startup support, growth facilitation

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Investments by SaltMines

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ACQUISITION by SaltMines Oct 2014