Michael Dutton

Managing Partner, The Builders Fund | Lower middle-market PE | Experienced operator | Investing in companies with $20M-$200M in revenue

📍 Salt Lake City, Utah, United States🔄 Updated September 2026💼 6 investments📅 23 years investing🗓 Last invested Jan 2026
VC🌍 United StatesInvested this year
6
Total investments
2
Early stage
3
Mid stage
0
Late stage
23y
Years active

Portfolio

5 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Board Member
Jan 2026
Umoja Health is a minority-owned grocery, health, and logistics company with a social mission. We believe in a holistic approach to health, and that access to optimal nutrition plays an integral part in the physical, mental, and social wellbeing of every individual. In Swahili, umoja means “unity”. And we are UNITED in the drive for equity and access to quality food and better health for all. We fulfill our mission by developing innovative solutions to reduce food and nutrition insecurity and address social drivers of health with food-as-medicine interventions for communities across the country. Our creative, scalable solutions are fueled by our talent, technology, logistics and operations expertise, and our ecosystem. Every member of the Umoja Health team believes that to be successful, we must be truly committed to social responsibility, so we pledge to feed 10% of our profits back into the organizations and communities we serve. Learn more about Umoja, our team and our mission at UmojaHealth.com. Umoja Supply Chain Solutions is now Umoja Health. A certified minority-owned business.
Board Member
2017
At MPOWERD, we're on a mission to transform lives with thoughtfully designed, clean technology. From concept to creation, every detail of our business is deliberate. As a B Corp and a benefit corporation, we set strict standards for ourselves, ensuring that our work enhances both society and the environment. Our innovative products give people the power of self-reliance as well as moments of wonder—because we believe everyone deserves to be empowered and inspired regardless of where or how they live. That's why we created Luci in 2012, a solar inflatable light as efficient and durable as it is sleek and versatile. Luci lets you bring the power of the sun wherever you need it, whether you’re traveling off-grid, hitting the trails, or adding a modern touch to your home. With over 700 NGO and non-profit relationships in over 90 countries, we’ve brought reliable, clean light to some extraordinary places: from the towns of Nepal to the villages of Uganda to the mountains of Peru and beyond. We're always looking to connect with companies and individuals who share our values, so go ahead, drop us a line! We'd love to work with you.
Board Member
2015
Urban Remedy is a plant-based organic food company that embodies the belief that Food is Healing. We empower consumers to conveniently eat ultra-fresh and clean. All of Urban Remedy's ready-to-eat meals, snacks and cold-pressed juices are certified organic, non-GMO Project Verified, gluten free, and low glycemic. Urban Remedy ships directly to customers nationally from its headquarters in Point Richmond, CA and operates 17 retail locations and 40 Whole Foods kiosks across northern and southern California. Urban Remedy is a certified B corporation. Learn more at www.urbanremedy.com
Board Member
2006
Who we are:   At Ragnar, we have built a premiere series of road and trail running adventures. While we are excited about the progress we’ve made over the past 17 years, we feel like we are just scratching the surface. We want to change how folks spend their weekend and infuse adventure into their everyday life.    We have built a coast-to-coast relay series, our own technology platform, dabbled in virtual events and partnered with some amazing brands along the way. Here at Ragnar, we are a passionate and scrappy team coming together from a wide range of backgrounds to solve incredibly complex problems and deliver amazing experiences.
early stageSpectator Sports
Board Member
2003
Outpost24 empowers organizations to achieve cyber resilience with a complete range of continuous threat exposure management (CTEM) solutions. Our cloud platform unifies asset discovery and management, automates security testing, and quantifies risk in business context. Executives and security teams around the world trust Outpost24 to identify the attack surface and prioritize the most important security issues to accelerate risk reduction. Founded in 2001, Outpost24 is headquartered in Sweden, with additional offices in the US, the UK, the Netherlands, Belgium, Denmark, France, and Spain. To learn more about our products and services go to https://outpost24.com/ If you want to work for Outpost24 visit http://outpost24.com/careers/
Experience · 11 entries
All (11)
Investments (6)
Founder (1)
Board (6)
2026
Board Member
Jan 2026
Umoja Health is a minority-owned grocery, health, and logistics company with a social mission. We believe in a holistic approach to health, and that access to optimal nutrition plays an integral part in the physical, mental, and social wellbeing of every individual. In Swahili, umoja means “unity”. And we are UNITED in the drive for equity and access to quality food and better health for all. We fulfill our mission by developing innovative solutions to reduce food and nutrition insecurity and address social drivers of health with food-as-medicine interventions for communities across the country. Our creative, scalable solutions are fueled by our talent, technology, logistics and operations expertise, and our ecosystem. Every member of the Umoja Health team believes that to be successful, we must be truly committed to social responsibility, so we pledge to feed 10% of our profits back into the organizations and communities we serve. Learn more about Umoja, our team and our mission at UmojaHealth.com. Umoja Supply Chain Solutions is now Umoja Health. A certified minority-owned business.
2024
Board Member
2024
We design & deliver inclusive, anti-bias, & rigorous approaches to eliminate gaps between young children’s inherent potential & their achievement in school. Acelero Learning was founded in 2001 by a former Head Start teacher and Children Defense Fund staffer, with a clear mission -- to work with local communities to improve the quality of Head Start programs. In 2005, Acelero Learning began to directly administer Early Head Start and Head Start programs through delegate agencies -- locally managed affiliates with their own local boards of directors that received dedicated support from the Acelero Learning Support Center in New York. Today, Acelero Learning affiliates operate a network of Head Start and other early childhood programs serving nearly 5,000 young children and families across the country. Our affiliates in Philadelphia, Pennsylvania; Camden, Monmouth and Middlesex Counties in New Jersey, Clark County, Nevada and Racine and Milwaukee counties in Wisconsin have each improved the delivery of early childhood education in their communities -- increasing enrollment, improving teacher salaries and dramatically expanding the number of hours of programming for children and families.
2017
Board Member
2017
At MPOWERD, we're on a mission to transform lives with thoughtfully designed, clean technology. From concept to creation, every detail of our business is deliberate. As a B Corp and a benefit corporation, we set strict standards for ourselves, ensuring that our work enhances both society and the environment. Our innovative products give people the power of self-reliance as well as moments of wonder—because we believe everyone deserves to be empowered and inspired regardless of where or how they live. That's why we created Luci in 2012, a solar inflatable light as efficient and durable as it is sleek and versatile. Luci lets you bring the power of the sun wherever you need it, whether you’re traveling off-grid, hitting the trails, or adding a modern touch to your home. With over 700 NGO and non-profit relationships in over 90 countries, we’ve brought reliable, clean light to some extraordinary places: from the towns of Nepal to the villages of Uganda to the mountains of Peru and beyond. We're always looking to connect with companies and individuals who share our values, so go ahead, drop us a line! We'd love to work with you.
2015
Managing Partner
2015
The Builders Fund is a private equity platform investing in high-growth, purpose-driven companies whose products, services and supply chain intrinsically deliver positive social and environmental benefit. When portfolio companies succeed they subsequently deliver financial and social/environmental return at and through scale. More broadly, we aim to help solve environmental and social challenges through the profitable deployment of capital into more conscious businesses. The current fund is focused on growth stage companies in the areas of sustainable food & agriculture, health & wellness, and environment/resource efficiency.
Board Member
2015
Urban Remedy is a plant-based organic food company that embodies the belief that Food is Healing. We empower consumers to conveniently eat ultra-fresh and clean. All of Urban Remedy's ready-to-eat meals, snacks and cold-pressed juices are certified organic, non-GMO Project Verified, gluten free, and low glycemic. Urban Remedy ships directly to customers nationally from its headquarters in Point Richmond, CA and operates 17 retail locations and 40 Whole Foods kiosks across northern and southern California. Urban Remedy is a certified B corporation. Learn more at www.urbanremedy.com
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Investment activity
2003–2026 · 6 investments
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