Freeway
Arizona

Flagstaff

Data as of Oct 1, 2026
79
Companies
$5.0M
Venture funding in the last 12 months, 2 rounds
$21.9M
Venture funding, 2022–2026
3
Investor firms

Venture funding by year

* 2026 through Oct 2026. Rounds without a disclosed amount count as rounds, not dollars.
Show as a table
YearVenture fundingRounds
2019$00
2020$00
2021$610K1
2022$1.4M2
2023$2.5M1
2024$1.1M3
2025$12.6M2
2026*$4.4M1

Industries

  • Health9
  • Energy5
  • Enterprise software5
  • Food5
  • Fashion3
  • Kids3
  • Marketing3
  • Media3
  • Travel3
  • Home & living2

And 10 more industries.

Companies in Flagstaff

25–48 of 79 companies

  • Gigadome

    Marketing

    Early stage

  • GrayCommit

    Marketing

    Early stage · 2–10 employees

  • HemaSense

    Health

    HemaSense is a Phoenix-based medical device company developing a wearable monitor for the early detection of bleeding complications at vascular access sites following percutaneous interventions. The company is addressing the 9.5% of large-diameter percutaneous procedures that result in costly bleeding complications. HemaSense's core product is a wearable monitoring patch designed to detect subcutaneous blood accumulation before it is visually apparent. The technology is based on bio-impedance, which uses small electrical currents to measure changes in tissue resistance caused by the presence of blood. This system consists of a flexible, low-profile sensor array that wirelessly transmits real-time data to a tablet, alerting healthcare professionals to potential issues. The device is applied after a catheter sheath is removed, monitoring the patient during the crucial post-operative recovery period. This approach enables earlier, less invasive, and more cost-effective interventions compared to the current standard of care, which often detects bleeds 6 to 12 hours post-procedure. HemaSense is targeting the 2.3 million large-diameter percutaneous endovascular procedures performed annually worldwide. The company has completed successful proof-of-concept benchtop models and animal studies, which demonstrated the device's ability to detect bleeding before visible signs appeared. To fund its development, HemaSense has secured a $250,000 grant from the Arizona Commerce Authority and the WearTech Applied Research Center and closed an oversubscribed pre-seed round of $570,000. These funds will support early human trials and further product development, with the goal of submitting for FDA approval by the fourth quarter of 2026.

    Early stage · 2–10 employees · $820K raised

  • Early stage

  • Early stage · 2–10 employees

  • Early stage · 11–50 employees

  • Early stage

  • iShield.ai is a cutting-edge, AI-driven startup specializing in providing advanced solutions for HR teams. The company leverages generative AI technology to help HR professionals create personalized, authentic, and bias-free talent experiences at a significantly faster rate. By automating content creation, resume matching, and personalized campaigns, iShield.ai enables HR teams to focus more on enhancing the candidate experience.Operating in the deep tech and AI sectors, iShield.ai primarily serves HR teams, talent marketers, recruiters, DEI (Diversity, Equity, and Inclusion) leaders, employer branding teams, social media managers, learning and development teams, and employee resource groups. The company’s market is broad, encompassing various industries that require efficient and unbiased HR processes.iShield.ai’s business model is based on a Software-as-a-Service (SaaS) approach. This means they offer their AI-driven solutions through a subscription-based model, where clients pay a recurring fee to access the software. This model ensures a steady revenue stream and allows the company to continuously update and improve its services.The company makes money by offering different subscription tiers, each providing varying levels of access to their AI tools and features. Clients can choose a plan that best fits their needs, whether they require basic content creation tools or more advanced features like omni-channel content distribution and real-time customization.In summary, iShield.ai is revolutionizing the HR industry by providing AI-powered tools that streamline and enhance the recruitment and talent management processes. Their focus on creating bias-free, relevant, and authentic content helps HR teams engage more effectively with candidates and employees.

    Early stage · 2–10 employees

  • Early stage

  • Keep Nature Wild

    Home & living

    Early stage · 11–50 employees

  • Kidscakeboxes

    Food, Kids

    Early stage · 1 employees

  • Kimandway

    Travel

    Early stage

  • Early stage

  • LeafOps

    Legal

    Early stage

  • Early stage · 2–10 employees

  • Luxus Montes Watch Co. operates as a dealer specializing in the acquisition and sale of luxury and vintage timepieces. The company caters to a range of clients, from individuals beginning their watch collections to established collectors seeking to refine them. The business model is centered on buying and selling both new and pre-owned watches, covering various brands, styles, and price points. Currently, Luxus Montes utilizes eBay as its primary point of sale. This approach allows the company to leverage eBay's Authenticity Guarantee program, which provides third-party verification for every watch, adding a layer of security for buyers. The company has expressed plans to transition to direct sales through its own website in 2026. A core component of the company's service is its commitment to authenticity. Every watch undergoes a meticulous in-house inspection before being listed for sale. In addition to selling, the firm actively seeks to purchase exceptional new and pre-owned watches to grow its inventory, offering competitive valuations for pieces.

    Early stage · 1 employees

  • HeetShield, Inc., founded in 2020 and headquartered in Flagstaff, Arizona, specializes in developing and commercializing advanced materials designed for extreme environments. As a division of Miller Scientific, Inc., and a spin-off of S. D. Miller and Associates, PLLC, HeetShield leverages decades of government-funded research to create products that offer superior thermal protection and energy efficiency. The company collaborates closely with government and industry clients, tailoring solutions to meet specific needs. By assembling teams of industry-respected vendors, researchers, and manufacturers, HeetShield ensures the highest standards in design and production. The business primarily serves sectors requiring robust thermal management solutions, such as aerospace, firefighting, and industrial applications. HeetShield generates revenue through the sale of its proprietary materials and custom solutions, addressing the unique challenges faced by its clients.

    Early stage

  • Early stage · 2–10 employees

  • Mountain's 11 Innovation Studio operates as a lean research and development partner focused on accelerating early-stage medical device innovation, particularly for implantable devices. Based in Flagstaff, Arizona, the studio assists a range of clients, from venture-backed startups and MedTech teams to individual innovators like physicians and clinicians who lack full R&D departments. It also serves incubators and accelerators that require specialized prototyping capabilities for their portfolio companies. The firm's business model centers on providing on-demand, flexible expertise to transform concepts into functional, testable prototypes quickly, a process they state can take weeks instead of months. This approach is designed to de-risk ideas, compress development timelines, and help clients achieve preclinical proof and first-in-human milestones before significant investment is required. The studio's service offerings include concept generation, preclinical design and engineering, rapid prototyping with build-test-learn iterations, and simulated-use testing. Mountain's 11 is built around a core team and a consortium of elite MedTech professionals with extensive experience. Key figures include Cody Hartman, who has over 25 years in implantable medical device development, and Ed Shaw, a senior development engineer with over 500 patents worldwide. This network provides comprehensive support, covering areas from materials engineering and intellectual property strategy to clinical development and regulatory affairs. The studio has a specific therapeutic focus on Class II and III implantable cardiovascular systems, structural heart, neurovascular, peripheral arterial and venous therapies, and general surgical devices.

    Early stage

  • Early stage · 2–10 employees

  • Early stage · 11–50 employees

  • Navajo Power Home is a solar service provider focused on delivering clean, affordable, and hassle-free electricity to homes without access to traditional power grids in Mexico and Colombia. The company offers a range of plans tailored to meet the varying energy needs of different households, from single-member homes with minimal appliance use to large, multi-generational households with high electricity demands. Their services include in-home consultations, installation, maintenance, and free upgrades, ensuring customers receive lifetime support and maximum quality in each component and step of the installation process. Navajo Power Home operates as a Public Benefit Corporation, emphasizing the economic benefits for local communities while developing utility-scale clean energy projects on tribal lands. The company has successfully installed over 25,000 services to date, making a significant impact on improving access to power in underserved regions. Navajo Power Home generates revenue through activation fees and monthly service plans, offering a sustainable business model that aligns with its mission to provide universal access to electricity.

    Early stage · 2–10 employees

  • Nuagecare

    Enterprise software

    Early stage · 1 employees

  • Outfox

    Marketing

    Early stage · 2–10 employees

Recent venture rounds

CompanyRoundAmountDateInvestors
Clarity SystemsSeed$4.4MAug 2026Regeneration.VC, Humba Ventures, LMNT Ventures +2 more
HemaSenseSeed$570KDec 2025Not disclosed
Katalyst Space TechnologiesSeries A$12.0MJun 2025Geodesic Capital, Fortitude Ventures
SuperflexSeed$200KDec 2024Antler
Katalyst Space TechnologiesSeed$880KApr 2024Not disclosed
SuperflexSeedUndisclosedFeb 2024Aurelia Ventures
DashLXSeed$2.5MJan 2023Accelerator Ventures, EPIC Ventures, Baselayer Venture +3 more
LollipopSeedUndisclosedAug 2022Helix Affiliates
DashLXSeed$1.4MFeb 2022New Mexico Angels
DashLXSeed$610KOct 2021New Mexico Angels
Investors based here
Accelerators and programs

Source: Dealroom, data as of Oct 1, 2026. Venture funding sums venture-type rounds with a disclosed amount; rounds raised by companies already public or bought out are left out. The last 12 months run from Nov 2025 to Oct 2026.

Founders, team members and individual investors are never shown, and company descriptions have sentences naming people removed.