Phoenix
Venture funding by year
Show as a table
| Year | Venture funding | Rounds |
|---|---|---|
| 2019 | $516.9M | 66 |
| 2020 | $535.2M | 50 |
| 2021 | $273.9M | 59 |
| 2022 | $329.9M | 62 |
| 2023 | $288.3M | 54 |
| 2024 | $105.7M | 31 |
| 2025 | $248.9M | 29 |
| 2026* | $57.8M | 8 |
Industries
- Health304
- Enterprise software198
- Fintech179
- Marketing169
- Real estate146
- Education115
- Media104
- Food96
- Energy83
- Transportation79
And 20 more industries.
Companies in Phoenix
721–744 of 2,570 companies
- Eggcyte
Media
Early stage · 1 employees
- ElectraTect
Health
Early stage · 2–10 employees
Early stage · 2–10 employees
- Electrons Plus
Health
Early stage · 2–10 employees
- Electus Group
Hosting
Early stage · 2–10 employees
- Elevate Phoenix
Education
Elevate Phoenix operates as a non-profit organization focused on providing long-term, relationship-based support to urban youth in Phoenix, Arizona. Their initial efforts started with a small class of 28 students and have since expanded to serve over 6,000 young people. The organization's core mission is to build life-changing connections with at-risk youth by embedding full-time, salaried teacher-mentors within local schools. These mentors, many of whom come from similar urban backgrounds as the students, provide 24/7 support and teach an accredited curriculum centered on character, life skills, leadership development, and workforce readiness. This holistic approach addresses the challenges students face, aiming to break cycles of poverty and improve academic outcomes. The in-school programming is complemented by after-school tutoring, career instruction, and community service activities. A key component of the model is its cross-age mentoring, where students learn to become role models for their peers and younger children. Elevate Phoenix's operations are primarily funded through grants from foundations, other nonprofits, and individual donations. The organization has demonstrated significant impact, reporting a 98% graduation rate and a 90% post-secondary entry rate for students engaged in its programs. In 2024, Elevate Phoenix received a notable $1 million grant from the Yield Giving Open Call, managed by Lever for Change, which will support its strategic plan for expansion. This funding is intended to help the organization grow its presence to 11 of the largest Title One high schools in the Phoenix Union High School District and their associated feeder schools. The organization's financials for the 2023 fiscal year reported total revenues of approximately $2.4 million and expenses of around $2.5 million. A significant portion of its expenses, about 85%, is directed toward its programs.
Early stage · 11–50 employees · $1.5M raised
- Elevated Equipment Rentals
Real estate
Elevated Equipment Rentals is a locally owned and operated equipment rental company based in Heber Valley, Utah. The business serves a diverse client base that includes contractors, local and state governments, and homeowners. Its mission is to be an honest, dependable, and reliable source for tools and equipment in the Heber Valley. The company provides a wide range of rental equipment to meet various project needs. Its inventory includes heavy machinery such as skid steers, mini excavators, telehandlers, and manlifts. In addition to heavy equipment, the company offers generators, hand tools, mini excavator hammers, and trenchers. This selection caters to both large-scale construction projects and smaller home-based tasks. The business model is centered on providing superior equipment at competitive prices, supported by reliable service. To ensure project timelines are met, Elevated Equipment Rentals offers delivery services anytime, day or night. The team at Elevated Equipment Rentals leverages decades of combined experience to assist customers in finding the right tools for their jobs. They provide guidance to clients who may be unsure about their specific equipment needs by discussing project details to propose effective solutions.
Early stage · 2–10 employees
- Elio
Media
Early stage · 2–10 employees
Early stage · 2–10 employees
- Elizabethgoddard
Media
Early stage
- Elko Wire Rope & Mining Supply
Transportation
Early stage · 11–50 employees
- Ember WellSpace
Wellness & beauty
Ember WellSpace provides private, bookable spaces designed for women and mothers to work, relax, and recharge. The company was founded by a local working mother in North Phoenix who experienced a need for a dedicated refuge away from a distracting home and office environment. Operating in the wellness and flexible workspace market, Ember WellSpace targets professional women, students, and mothers who require a quiet, private environment for productivity and self-care. The business operates on a pay-per-use model, offering sessions that can be booked online for one, two, four, or eight hours. Prices range from $29 for a one-hour 'Spark Session' to $149 for an eight-hour 'Hearth Session'. Additionally, the company offers flexible, non-contractual monthly memberships for users who need regular access to the space. This model provides an alternative to long-term office leases or crowded co-working spaces and coffee shops. Each private suite is fully equipped with a workstation featuring ergonomic furniture, high-speed Wi-Fi, and other work essentials. For relaxation and self-care, the space includes a cozy lounger, a TV with streaming services, and a complimentary beverage and snack station. The design aims to create a calming and inspiring atmosphere for focus, creativity, and rest. Unlike shared coworking environments, the entire space is reserved for the individual or small group that books it, ensuring complete privacy. Located in North Phoenix, Arizona, the facility is open seven days a week and offers easy online booking.
Early stage
- EMerchantClub
Marketing
Early stage
- Emmploy
Jobs & recruitment
Early stage · 2–10 employees
- eMoneyPool
Fintech
eMoneyPool was a financial technology company that operated an online platform for group savings and lending, also known as money pools or rotating savings and credit associations (ROSCAs). The founders' familiarity with this savings method from their own family background inspired them to create a safer and more efficient digital version. The firm's primary service was a microfinance platform where users could form or join savings pools with friends, family, or other users across the United States. In a typical pool, a group of individuals would contribute a fixed amount of money for a set number of periods, with each member taking a turn to receive the total lump sum. This model effectively provided a short-term, interest-free loan for early recipients and a forced-savings mechanism for those who received the pot later. The business targeted the underbanked and unbanked populations, particularly low-income minority communities who often used informal savings pools but lacked access to traditional financial services. Revenue was generated by charging a fee, around 5% of the total pool amount, which also served to guarantee the pool in case a member defaulted on a payment. A significant feature of eMoneyPool's service was its function as a credit-building tool. The company reported users' payment histories to credit bureaus like Experian, allowing participants to establish or improve their credit scores through consistent on-time payments. This created a pathway for customers to access mainstream financial products such as car loans or mortgages from eMoneyPool's partner banks and credit unions. The platform provided transparency through user verification and peer ratings, and handled all transactions electronically for increased security. The company received seed funding from investors including Accion Venture Lab and Village Capital. According to public records, eMoneyPool ceased operations around November 2019.
Early stage
Early stage
- EmPath
Jobs & recruitment
Empath.net is a startup that leverages machine learning technology to help businesses better understand and manage their human resources. The company operates in the HR tech market, serving businesses of all sizes that are looking to optimize their talent management strategies.Empath's primary offering is a sophisticated skills inventory system. This system uses machine learning to analyze existing company data and accurately identify the skills of every employee. This comprehensive skills inventory allows managers to make more informed, skills-based decisions, leading to improved employee performance, increased satisfaction and retention, and reduced acquisition costs.In addition to the skills inventory, Empath also provides services for personalized career development and skills-based succession planning. These services are designed to help businesses develop their employees' skills in alignment with current and future roles, as well as relevant training and coursework. This approach not only helps businesses maximize the potential of their existing talent, but also leads to significant cost savings by reducing the need for external recruitment.Empath's business model is likely based on a subscription or usage-based pricing model, where clients pay a regular fee to access the company's services. This model provides a steady stream of recurring revenue for the company, while also offering clients the flexibility to scale their usage based on their specific needs.
Early stage · 11–50 employees · $1.0M raised
- EMPOWER COLLEGE PREP
Education
Empower College Prep (ECP) is a tuition-free public charter school network located in Phoenix, Arizona, serving students from kindergarten through 12th grade. Mr. Holman, who serves as the Executive Director, has a background in education and curriculum instruction, including a period as a Program Director for Teach For America. The school's mission is to empower students to not only gain acceptance to a university but also to secure scholarships and develop a clear plan of study. The institution operates as an independent charter district with two schools on a 94,000-square-foot campus in central Phoenix. It serves a diverse student body, with a significant majority being first-generation college students. Demographically, the student population is predominantly Hispanic, and a large percentage qualify for free or reduced lunch, are English learners, or have special needs. As a publicly funded charter school, its business model is based on state funding, with a reported per-pupil spending of $13,104. The school provides extensive support to families, including free uniforms, school supplies, health screenings, and food boxes. The curriculum is aligned with Arizona's Career and College Readiness standards and emphasizes rigorous academics. Hallmarks of the program include a focus on Advanced Placement (AP) and dual enrollment courses, community service, and real-world application of knowledge through internships and projects. High school scholars are required to complete 50 hours of community service annually and are encouraged to take at least four AP or dual enrollment classes to graduate. The school reports that 90% of its graduates go on to college, earning over $2 million in scholarships and aid, with a college-going rate 20% higher than state and national averages.
Breakout · 51–200 employees
- Enclave Services
Security
Early stage · 2–10 employees
Early stage · 51–200 employees
- Endless Studios
Education
Endless Studios operates as a youth-centric game development platform, providing a community where aspiring game developers can learn and grow. The company offers hands-on mentorship from industry veterans, including experts in design, digital art, animation, and programming. This mentorship is aimed at refining skills and providing personalized feedback on game projects and portfolios. Endless Studios serves a global market of young individuals interested in game development, leveraging a business model that combines educational tools with community engagement. The platform's flagship offering, Gamestar Mechanic, is a game creation tool that teaches the basics of game design through interactive play. With over 2 million users, the platform has facilitated the creation of millions of games, which have been played tens of millions of times. Endless Studios generates revenue through its advanced programs, such as Capstone, which provides AI skills and professional development opportunities. The company's mission is to harness gaming to teach digital literacy, preparing the next generation for the digital future.
Breakout · 51–200 employees
EIC is a cleantech provider that has developed a practical process for near-isothermal (no temperature change) compression and expansion of gases. This means that we can compress most gases to high pressures with a 20-30% energy savings over conventional means and that we can store energy as compressed air for days or weeks to provide true grid level smoothing and resilience for any energy source. Our markets are for high pressure hydrogen, CO2, biogas and bio-methane industrial applications in the short term, and ultimately for utilities, power producers, grid operators and large users like data centers. We are a pre-revenue startup at TRL6 with 20 team members across the globe holding many technical degrees.
Early stage · 11–50 employees · $2.0M raised
- Engage Education
Event tech
Early stage · 2–10 employees
- Engage encourage
Wellness & beauty
Early stage
Recent venture rounds
| Company | Round | Amount | Date | Investors |
|---|---|---|---|---|
| MiiHealth | Seed | $2.8M | Aug 2026 | Not disclosed |
| BoreDM | Series A | Undisclosed | Jun 2026 | Five Elms Capital |
| Prickly Pear Health | Seed | Undisclosed | Mar 2026 | Emmeline Ventures |
| ALTR | Early VC | Undisclosed | Mar 2026 | Branca International |
| Mattur | Early VC | Undisclosed | Feb 2026 | Outlier Solutions, Inc. |
| Oats Overnight | Growth Equity VC | $45.0M | Jan 2026 | Asto Consumer Partners |
| COCO5 | Late VC | $10.0M | Jan 2026 | Not disclosed |
| Breakthru Medicine | Series A | Undisclosed | Jan 2026 | Not disclosed |
| Steady Install | Seed | $400K | Dec 2025 | Not disclosed |
| Cloverleaf Networks | Early VC | Undisclosed | Dec 2025 | SuperK Ventures |
- Trinity Capital27 deals in 12 months
Phoenix
- Social Leverage5 deals in 12 months
Phoenix
- PHX Ventures4 deals in 12 months
Phoenix
- AZ-VC3 deals in 12 months
Phoenix
- Arizona Commerce Authority1 deal in 12 months
Phoenix
- Arizona Venture Development Corporation1 deal in 12 months
Phoenix
- BluVenture Holdings1 deal in 12 months
Phoenix
- Momentum Health Partners1 deal in 12 months
Phoenix
- Prospeq1 deal in 12 months
Phoenix
- Valley Ventures1 deal in 12 months
Phoenix
- ViaWest Group1 deal in 12 months
Phoenix
Phoenix
- ACA: Small Business Bootcamp
Phoenix
- AI Meet-up
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
- Arizona Innovation Challenge
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
- ACA: Small Business Bootcamp
Phoenix
- AI Meet-up
Phoenix
- Arizona Innovation Challenge
Phoenix
Phoenix
Phoenix
- AZ FAST
Phoenix
Phoenix
- Bioprenuers Meetup
Phoenix
- Bioscience Entreprenuer Grant
Phoenix
- Business Incubator
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
- Retreat (events under the collective)
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
Phoenix
- Startup AZ Ecosystem Resources
Phoenix
Phoenix
Phoenix
- Thursday Gathering
Phoenix
Phoenix
Phoenix
- Whitehat Investor Conference
Phoenix
- Womens Entreprenurial network
Phoenix
Phoenix