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
1,105–1,128 of 2,570 companies
Early stage · 2–10 employees
- INTERPHARMA S.A
Sports
Early stage · 11–50 employees
Early stage · 51–200 employees
- Into The Lab Mobile
Home & living
Early stage · 2–10 employees
- Intrepid Tool Industries
Robotics, Semiconductors
Early stage · 2–10 employees
- Inuity Insurance Company
Fintech
Inuity Insurance Company is a specialty insurer focused on the Excess & Surplus (E&S) market, providing targeted insurance solutions where traditional carriers do not offer coverage. The company's flagship product is a purpose-built excess physical damage and liability policy designed for the exotic and luxury car rental market, addressing the significant coverage gaps left by standard personal auto insurance policies. Inuity serves both rental agencies and the renters themselves, offering products that can be bound directly at the rental counter in minutes. The company was formed and is financially backed by Pivot Equity, a diversified investment group. In 2025, Inuity was granted a Certificate of Authority by the Modoc Tribe of Oklahoma, which authorizes it to operate as a direct-write insurance company under tribal law. This regulatory structure allows Inuity to develop specialized products for niche markets that may not fit within traditional state frameworks. Stenson has a background in technology and finance, while Louis is a serial entrepreneur focused on scaling tech-enabled companies. Inuity's business model is designed to integrate directly with rental agencies, providing a platform for them to offer supplemental liability and physical damage coverage to their customers, earning a commission on each policy. The coverage is designed to be primary for renters without their own insurance, such as international drivers, and to act as excess coverage for those who are already insured, closing the gap between their personal policy limits and the high value of a rental vehicle. The company offers tailored protection for a range of vehicles, including exotic cars, standard cars, watercraft, three-wheelers, and ATVs.
Early stage · 2–10 employees
- Invoca
Transportation
Early stage
- Ion Mortgage & Lending
Fintech
Ion Mortgage and Lending LLC operates as a mortgage broker, assisting clients in securing home loans by connecting them with loan officers and realtors through the Loanzify App. The company is based in Phoenix, AZ, and focuses on making the mortgage process more accessible and straightforward for its customers. Ion Mortgage does not lend money directly but facilitates the process by providing tools such as interactive calculators to evaluate financing options. The business serves individuals looking to purchase homes, emphasizing personalized service to meet specific client needs. Ion Mortgage also prioritizes accessibility, ensuring its services are available to people with disabilities by adhering to the Web Content Accessibility Guidelines (WCAG) 2.1. The company generates revenue through brokerage fees, which are typically a percentage of the loan amount secured for the client.
Early stage · 11–50 employees
- iPatient
Health
Early stage · 2–10 employees
- IRIS Freight
Transportation
Iris Freight operates as a specialized shipping service focused on the daily transport of freight between the islands of Jersey and Guernsey. The company was established in 2015 by Captain Dave Nuth, a veteran with 30 years of experience on the water. Spotting a gap in the market for a dependable, fast inter-island freight solution, Nuth leveraged his prior experience running a successful charter fishing business to launch this venture. He acquired the Channel Chieftain V, a 14m catamaran previously used for servicing wind farms in the North Sea, to begin the daily service. The business provides a critical link for a variety of commercial and personal items, operating 364 days a year, with Christmas Day being the only exception. Iris Freight positions itself as a reliable and efficient local, independent company, ensuring the safe transit of goods with a professionally qualified crew. Its client base includes businesses requiring consistent delivery of items such as national newspapers, as well as individuals with personal shipping needs. The service model is built around a daily, door-to-door freight operation that also has the license to carry up to 12 passengers, offering an alternative travel route. The company also facilitates shipments to and from the UK, Europe, and worldwide. The service is designed to be straightforward and customer-focused. The company handles a wide range of goods and has built a reputation for reliability, even in challenging weather conditions, boasting a 99% operational record. Looking ahead, Iris Freight has expressed intentions to expand its capacity by potentially acquiring or leasing a larger vessel to meet anticipated increases in demand. The company is also exploring the creation of freight hubs in both Jersey and Guernsey, which would particularly benefit small and medium-sized enterprises by reducing their warehousing costs.
Early stage · 2–10 employees
- Iron Horse Diagnostics
Sports
Early stage
- IronRod Health
Health
IronRod Health specializes in providing advanced remote patient monitoring solutions designed to integrate seamlessly with existing healthcare technology. The company serves healthcare providers, including hospitals and clinics, by offering a suite of software solutions that work with a variety of devices, from implantables to wearables. Operating in the rapidly growing telehealth market, IronRod Health's business model focuses on selling both the necessary equipment and software, as well as offering support services to ensure smooth implementation and operation. Revenue is generated through the sale of hardware, software subscriptions, and support services. The company aims to streamline workflows, automate routine tasks, and centralize patient data, thereby improving efficiency and enabling personalized patient care. IronRod Health's solutions help healthcare providers adapt to the accelerating shift towards remote healthcare, ensuring better care with more efficiency.
Breakout · 51–200 employees
- ISA Industries
Energy
ISA Industries is a pioneering company focused on developing decentralized energy solutions that are sustainable, affordable, and enable users to achieve energy independence. The company operates in the renewable energy sector, targeting both individual consumers and businesses seeking to reduce their reliance on traditional energy grids. ISA Industries employs a business model that leverages cutting-edge technology and innovative engineering to create new sources of power, which are capable of generating sustainable energy on demand at the point of consumption. Revenue is generated through the sale of unique NFT licenses and CAD blueprints, which provide users with the tools and knowledge to build their own energy solutions. Additionally, the company invests in research and development to continuously improve its offerings and maintain a competitive edge in the market.
Early stage · 11–50 employees · $150K raised
- Island Noodles
Food
Island Noodles is a food vendor specializing in Hawaiian-style wok-fired soba noodles, primarily serving patrons at special events like music festivals, fairs, and sporting events. The company was founded in 1995 by Hale Lake, a native Hawaiian and a 1980 graduate of the Culinary Institute of America. He developed the concept by combining a popular family recipe with his culinary training to create a unique menu item designed for the event food industry. The business operates largely through a franchise model, with operators managing territories across numerous states and serving over 100 shows annually. The core of the business is its mobile food booth, designed to resemble a "tiki-hut," where chefs prepare meals in specially designed woks, creating an entertaining visual and aromatic experience for customers. This theatrical cooking process is a key part of its appeal, engaging multiple senses. The main product is a dish of freshly made Yaki-Soba noodles stir-fried with a mix of 21 fresh vegetables, garlic, ginger, and a proprietary, soy-based Island Sauce. The base noodle dish is vegan, containing no dairy, nuts, or meat products. Customers have the option to add teriyaki chicken for an additional charge. The meals are served in convenient, eco-friendly compostable cups, catering to the on-the-go nature of event attendees. The company positions itself as a fast, healthy, and cost-effective food alternative at events where such options can be limited.
Early stage · 11–50 employees
- IST
Health
Early stage
- Istios Health
Health
Nod Health is a data-centric company focused on transforming the infectious disease care landscape in the United States. By leveraging a proprietary network of high-performing infectious disease specialists, Nod Health aims to break down data silos and close gaps in care. The company collects and analyzes real-world data from various sources, including clinical trials, facility encounters, labs, and public databases, to deliver AI-powered insights. These insights are designed to improve patient outcomes, support population health management, and accelerate the shift to value-based care. Nod Health's business model revolves around providing outcomes-based real-world evidence for life sciences and research, predictive modeling for disease progression, and treatment response. The company serves healthcare providers, life sciences companies, and research institutions, enabling them to make informed decisions that enhance care quality and efficiency. By reducing costs and logistics, facilitating faster discharges, and keeping patients in-house, Nod Health contributes to more effective clinical trials and drug discovery.
Early stage · 11–50 employees · $5.6M raised
The hosts themselves are seasoned figures in the industry. The company's primary offering is a podcast series that features candid, long-form conversations with C-suite executives, founders, authors, and innovators. With over 300 interviews, the series delves into the personal and professional journeys of its guests, focusing on their defining moments, challenges, and lessons learned. The content is designed to provide listeners with real-world wisdom, career strategies, and inspiration. The podcast goes beyond typical business discussions to uncover stories of resilience, vulnerability, and personal growth. Since its launch, the podcast has been recognized each year by the International Hospitality Institute as a top hospitality podcast. Episodes are released weekly and are available in video and audio formats on platforms like its website, YouTube, and various podcast players. The target audience includes professionals at all career stages within the hospitality industry, from students to senior executives, who are seeking guidance, motivation, and a deeper understanding of leadership. The business model appears to be supported by partnerships.
Early stage · 11–50 employees
- iTether
Health
Early stage · 11–50 employees
- iTiniTrip
Travel
iTiniTrip is developing an AI-powered travel planning application that curates personalized trips based on the user's desired mood or 'vibe'. The platform's approach begins with why a person wants to travel—such as for romance, adventure, party, or relaxation—rather than with the destination. Using this 'vibe' as a starting point, iTiniTrip's AI, personified as a travel fox mascot named Tini, generates a complete itinerary in minutes, factoring in the user's travel dates, budget, and preferences. The service aims to reduce travel planning time from hours to minutes by providing tailored recommendations for experiences, balancing quality with cost. It also features a group planning function, allowing a user to create an itinerary and share a unique trip code with friends, who can then book the identical trip. The platform is slated to be free to use, with no subscription or hidden fees mentioned. Upon launch, iTiniTrip plans to offer coverage in over 30 cities, primarily within the United States, including destinations like Miami, Las Vegas, New Orleans, and New York City. The company partners with established travel brands like Viator, Ticketmaster, and Amadeus to provide its services.
Early stage
Early stage · 2–10 employees
- IVH Travel
Travel
Early stage · 11–50 employees
- Ivis Technologies
Legal
The company's inception was driven by the founders' experiences within the defense and technology sectors, where they identified a need for affordable and user-friendly compliance tools for small to mid-size organizations. IVIS primarily serves the defense industrial base, assisting contractors, subcontractors, and manufacturers in navigating complex regulatory standards. The company's business model is subscription-based, offering a suite of tools that are more accessible than large-scale enterprise GRC platforms. A key part of its strategy includes a free, non-expiring license for CMMC Level 1 compliance, aimed at organizations handling Federal Contract Information. The company's main offering is its Compliance and Ethics Management System (CAMS), a platform initially developed for Huntington Ingalls Industries. This GRC (Governance, Risk, and Compliance) platform helps organizations manage cybersecurity and quality management requirements for standards such as CMMC, NIST 800-171, AS9100, and ISO 9001. The system features capabilities for gap assessments, automated generation of System Security Plans (SSPs) and Plans of Action & Milestones (POA&Ms), and continuous compliance monitoring. It also includes a Quality Management System (QMS) with tools for document control, audit management, and CAPA tracking. IVIS enhances its platform by using AI-generated policy templates and offering integrations with other security and document management solutions. Significant milestones for the company include the initial founding in 2002, the build and deployment of the CAMS platform in 2015, a partnership with Huntington Ingalls Industries in 2017, and the launch of its CMMC GRC platform in 2021. The company has also formed partnerships with firms like PreVeil and Strong Chain Technologies to offer a more comprehensive compliance ecosystem. In 2026, IVIS was listed on the AIA CMMC Marketplace.
Early stage · 11–50 employees
- Ivy Brain Tumor Center
Health
Early stage · 11–50 employees
- IWW Digital Agency
Marketing
Early stage · 2–10 employees
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