Freeway
Arizona

Phoenix

Freeway partner cityData as of Oct 1, 2026
2,570
Companies
$58.2M
Venture funding in the last 12 months, 10 rounds
$1.0B
Venture funding, 2022–2026
152
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$516.9M66
2020$535.2M50
2021$273.9M59
2022$329.9M62
2023$288.3M54
2024$105.7M31
2025$248.9M29
2026*$57.8M8

Industries

  • Health304
  • Enterprise software198
  • Fintech179
  • Marketing169
  • Real estate146
  • Education115
  • Media104
  • Food96
  • Energy83
  • Transportation79

And 20 more industries.

Companies in Phoenix

1,561–1,584 of 2,570 companies

  • Early stage · 1 employees

  • Early stage · 2–10 employees

  • Early stage

  • Openforce

    Legal, Fintech

    Established in 2001, Openforce operates as a pivotal financial software company, providing a technology platform and managed services specifically engineered for businesses that engage with independent contractors. The company's genesis stems from the direct experience of its founders, who, while running a same-day delivery company, faced administrative inefficiencies and legal complexities associated with managing a contingent workforce. This first-hand challenge prompted the development of a solution to streamline operations and mitigate risks.Headquartered in Phoenix, Arizona, Openforce delivers a comprehensive, cloud-based software suite that automates the entire independent contractor lifecycle. This includes modules for recruiting, mobile-friendly onboarding, document and contract management, compliance checks, settlement processing, and retention programs. The platform is designed to reduce operating costs and significantly lower the risks of worker misclassification for its clients. Revenue is generated through its software-as-a-service (SaaS) model, with pricing tailored to the specific needs of each business. The company serves a diverse client base, from startups to large enterprises, primarily within the delivery, trucking, and healthcare sectors. The platform's core functionality addresses critical pain points for companies reliant on 1099 workforces. It accelerates contractor onboarding, offers integrated background checks, and ensures compliance through built-in audits. A key component is its payment processing system, which handles settlement and ensures timely, accurate payments, processing over $4.5 billion annually. For the independent contractors, Openforce provides a vendor portal and mobile app to manage their business, track payments, and access a marketplace of discounted business services, such as health insurance, legal advice, and vehicle rentals. Furthermore, Openforce offers tailored insurance solutions and facilitates access to working capital for transportation clients through strategic partnerships. A 2019 acquisition of Flexible Workforce, a platform focused on the logistics and last-mile delivery sectors, expanded Openforce's market footprint and product offerings.

    Early stage · 51–200 employees

  • OpenSpark

    Marketing

    OpenSpark is a company that specializes in providing integrated marketing and technology solutions aimed at small and medium-sized businesses (SMBs). The company operates in the technology and marketing sectors, offering a range of services that include on-demand support, project-based consulting, and various productivity-enhancing products such as Microsoft Exchange, Microsoft SharePoint, and Online Data Vault. OpenSpark also provides marketing strategy services designed to keep brands fresh, messages consistent, and images omnipresent. The company’s business model revolves around offering flexible, manageable, and measurable marketing plans that adapt to the ever-changing business and technology landscapes. OpenSpark generates revenue through its consulting services, support packages, and product offerings. Its clients typically include SMBs looking to improve productivity, secure their technology resources, and enhance their marketing strategies.

    Early stage · 2–10 employees · $670K raised

  • OpenTeQ Consultants

    Enterprise software

    Breakout · 51–200 employees

  • OpsTel Services

    Enterprise software

    Early stage · 2–10 employees

  • Early stage

  • Founded in 2011, Optima Software provides a specialized, web-based case management system for Court Appointed Special Advocates (CASA) and Guardian ad Litem (GAL) programs across the United States. The company was established by a team that combined the experience of CASA program leaders with technology executives to address the specific challenges faced by these child advocacy organizations. Optima's platform is designed to improve efficiency for staff and volunteers, allowing them to focus on advocating for abused and neglected children. The software facilitates the recruitment and training of volunteers, enables efficient case management, and simplifies tracking and reporting of work and outcomes. Key features include tools for volunteers to log notes and case contacts, which helps supervisors monitor case progress. The system also stores hearing dates, court documents, and other critical records, making them accessible online to the assigned CASA volunteer. This functionality helps create a comprehensive and readily accessible record for both volunteers and staff. The business operates on a subscription-based model, offering a low monthly rate based on the number of users without hidden fees. This model has allowed Optima to become a leading software provider for CASA/GAL programs nationwide, serving over 500 programs and 50,000 advocates in 37 states.

    Early stage · 2–10 employees

  • Optyx Agency

    Marketing

    Optyx Agency specializes in crafting marketing narratives through authentic storytelling and strategic influencer partnerships. Operating in the beauty and wellness sectors, Optyx connects brands with storytellers who offer unique perspectives and genuine voices, ensuring campaigns resonate with diverse audiences. The agency's business model focuses on collaboration with content creators, providing hands-on training to enhance storytelling skills and personal branding. By aligning with creators who share their vision, Optyx facilitates impactful campaigns that inspire and engage. Revenue is generated through partnerships with emerging brands, leveraging the agency's talent roster to deliver meaningful marketing solutions.

    Early stage

  • OpusVi

    Education

    At Dignity Health Global Education (DHGE), we recognize the importance of healthcare and its future. We, therefore, strive to enhance workforce development and efficiency within this ever-growing sector. DHGE offers online, industry-relevant education programs to healthcare professionals which address technical topics across various service lines, including nursing, IT, analytics, leadership, ethics , and entrepreneurship. We also provide exceptional ongoing development programs for administrative, technical and managerial employees. Our programs have been designed with world-leading academic institutions to provide high-quality training and academic excellence.

    Early stage · 11–50 employees

  • Oradeza Health is a digital health company with a sharp focus on underserved areas of women's health, beginning with endometriosis. The company is developing a platform, accessible via a website and mobile app, designed to address the significant market gap for pelvic pain relief. It operates within the FemTech industry, targeting the approximately 190 million women and girls worldwide affected by endometriosis.The core of Oradeza Health's service is to match users with a curated selection of resources, community support, products, and healthcare providers tailored to their individual needs and health journeys. The platform aims to provide guidance and support at any stage of a user's experience with pelvic health issues. Features include access to educational content like articles and videos, a community forum, and connections to specialized providers, which distinguishes it from general medical platforms like Zocdoc or OneMedical that have limited options for pelvic pain.The business operates on a freemium, tiered model. While basic access may be free, users can pay for more personalized options through a subscription. Oradeza Health plans to generate primary revenue from these user subscriptions, supplemented by income from product and service referrals, on-page advertisements, and the monetization of anonymized data. As of mid-2022, the company had validated its concept by speaking with over 100 potential users and 20 experts and had won pitch competitions through the MSIVD program and Venture Devils at Arizona State University. An MVP was under development with a planned rollout.

    Early stage

  • Early stage · 1 employees

  • Early stage · 2–10 employees

  • Orion Properties

    Real estate

    Orion Properties Inc. (NYSE: ONL), formerly Orion Office REIT Inc., is an internally managed real estate investment trust (REIT) that owns, acquires, and manages a diversified portfolio of office buildings. The company was established on July 1, 2021, and became an independent, publicly traded entity in November 2021 following a spin-off from Realty Income Corporation. This strategic move was a result of Realty Income's merger with VEREIT, Inc., creating a specialized REIT to manage the combined office assets. Orion began trading on the New York Stock Exchange on November 15, 2021. The company is headquartered in Phoenix, Arizona, with an additional office in New York. Orion operates primarily under a net-lease model, where tenants are responsible for most property expenses, including taxes, insurance, and maintenance. This business model provides a predictable income stream for the company, which generates the majority of its revenue from rental income. Orion focuses on single-tenant net lease properties in high-quality suburban markets across the United States. As of late 2024, its portfolio consisted of 69 operating properties totaling 7.9 million leasable square feet across 29 states. The company is strategically shifting its portfolio concentration away from traditional office buildings toward dedicated-use assets, such as governmental, medical office, flex/laboratory, and R&D facilities. This pivot aims to create a more stable portfolio with higher renewal prospects, as these types of tenants often have a critical need for their specialized spaces. As of Q1 2025, these dedicated-use assets represented approximately 32% of the company's annualized base rent. Orion's client base is diversified across various industries, including government and public services, healthcare, financial institutions, and technology. The company prioritizes creditworthy tenants, with a significant portion of its annualized base rent coming from investment-grade tenants. In early 2026, the company executed a significant refinancing, extending the maturity of a $355 million loan and securing a new $215 million credit facility to remove near-term refinancing risk and enhance liquidity.

    Early stage · 11–50 employees

  • Early stage · 1 employees

  • Early stage · 1 employees

  • OTOjOY

    Health

    Early stage · 2–10 employees

  • Ottomatic AI

    Enterprise software

    Ottomatic AI provides an AI-powered communications platform designed to function as a digital front desk for home service businesses. The company targets a critical operational vulnerability for small and medium-sized trade companies: the revenue lost when inbound customer inquiries are missed due to staff being unavailable or occupied with fieldwork. The platform is built for trades such as HVAC, plumbing, electrical, roofing, and other service-oriented businesses that often contend with high volumes of customer contact. The core of the service is 'Otto,' an AI receptionist that manages communications across every primary customer channel, including voice calls, SMS, website chat, email, and social media messages. It is designed to provide an immediate response, answering leads in under 10 seconds, 24/7. Unlike basic automated systems that simply transcribe messages, Otto engages with customers to book service appointments directly into a company's calendar. The system is sophisticated enough to be customized according to a business's specific operational rules, including service areas, pricing, and emergency triage protocols, allowing it to distinguish between a routine inquiry and an urgent service request that requires immediate escalation. The company's offering also includes 'Otto Review,' a feature that automatically sends requests for Google reviews to customers after a job is completed, directly aiding in building the business's local reputation and trust score. The implementation process involves a 14-day setup where Ottomatic AI's team learns the client's specific workflows to tailor the AI's responses and logic.

    Early stage

  • Breakout · 51–200 employees

  • Outages

    Security

    Early stage

  • Early stage · 51–200 employees

  • Breakout · 201–500 employees

  • Early stage · 2–10 employees

Recent venture rounds

CompanyRoundAmountDateInvestors
MiiHealthSeed$2.8MAug 2026Not disclosed
BoreDMSeries AUndisclosedJun 2026Five Elms Capital
Prickly Pear HealthSeedUndisclosedMar 2026Emmeline Ventures
ALTREarly VCUndisclosedMar 2026Branca International
MatturEarly VCUndisclosedFeb 2026Outlier Solutions, Inc.
Oats OvernightGrowth Equity VC$45.0MJan 2026Asto Consumer Partners
COCO5Late VC$10.0MJan 2026Not disclosed
Breakthru MedicineSeries AUndisclosedJan 2026Not disclosed
Steady InstallSeed$400KDec 2025Not disclosed
Cloverleaf NetworksEarly VCUndisclosedDec 2025SuperK Ventures
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.