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
1,609–1,632 of 2,570 companies
- Paris Rendezvous
Food
Early stage
- Parker & Sons
Home & living
Early stage
Early stage · 2–10 employees
- Partner Up
Marketing
Early stage · 1 employees
- Parts Detect
Transportation
The company is headquartered in Phoenix, Arizona. Mirzayev's direct experience as an auto shop owner for over 16 years fueled the creation of the platform. He identified a personal daily struggle in the time-consuming and aggravating process of calling multiple suppliers to find the right part at the right price, which led him to develop a streamlined solution. This first-hand industry experience is a core element of the company's foundation, aiming to solve a problem Mirzayev and his peers frequently encountered. The business provides a free mobile application that allows mechanics and auto care professionals to search for and order replacement parts from local suppliers. The platform functions by aggregating search results from multiple vendors in a single search, allowing users to compare parts based on price, availability, and warranty. Its primary clients are auto mechanics and professionals who hold existing commercial accounts with various parts vendors. The business model is centered on providing a free tool to the end-user, the mechanics, to drive parts sales through their network of local suppliers. Parts Detect does not handle payment transactions directly; instead, orders are processed by the vendor and charged to the auto care facility's existing account. The core of the service is a mobile app available for both iOS and Android devices. A key feature is the VIN scanner, which uses a mobile device's camera to quickly and accurately decode a vehicle's year, make, model, and engine size, simplifying the parts lookup process. Users can then enter the part name, number, or category into a smart-search bar to find what they need. The app provides comprehensive data for each part, including the manufacturer's name, part number, warranty details, quantity available at the nearest location, and the mechanic's price. Once a part is selected, the order can be submitted directly through the app for delivery to the repair shop.
Early stage · 2–10 employees
- Pass Your Test
Health
Early stage
- Passport Health
Health
Founded in 1994 by Fran Lessans, a professional with a background in nursing and health education, Passport Health was established to address a gap in the travel medical services market. The founder's journey began with a personal quest for consolidated health information, which later evolved into a business concept while observing the inadequate pre-travel medical support for students studying abroad. The company's first clinic opened in Baltimore, Maryland, offering a one-stop-shop for travel vaccinations, medications, and health consultations. The business model proved successful, leading to a rapid expansion. By the year 2000, Passport Health had grown to 34 locations across 15 U.S. states. In 1997, the company began offering franchises to facilitate its growth. Over the years, the service portfolio expanded beyond travel medicine. Following the 2001 Anthrax attacks, the company collaborated with the Centers for Disease Control and Prevention (CDC) to administer antibiotics and vaccines. It has also worked with the U.S. Department of Defense, operating a 24/7 call center for vaccination inquiries during the Iraq War. The company's growth included the acquisition of Mollen Immunizations in 2012. Passport Health operates a network of over 300 clinics across North America, including the United States, Canada, and Mexico, with further expansion into the United Kingdom. The company serves a diverse client base, ranging from individual leisure and business travelers to corporations, government agencies, and non-profit groups undertaking mission trips. Revenue is generated through the services provided at its clinics, which operate as a cash business, and through franchise fees. Services include travel medicine consultations, a wide range of immunizations, ancillary products like water purification and first aid kits, and wellness services. The company also provides onsite vaccination events for corporations, biometric screenings, and manages vaccine records through a proprietary registry.
Late stage · 501–1000 employees
- Patch of Joy
Event tech
Founded in 2025 by an individual named Joy, Patch of Joy is a mobile onsite embroidery service based in Phoenix, Arizona. The company specializes in providing live, personalized embroidery for events such as weddings, corporate functions, brand activations, and retail pop-ups. This service allows guests to watch as their items are customized in real-time with initials, names, or icons, creating an engaging experience. Patch of Joy's business model is service-based, generating revenue through direct bookings for events. Clients can choose from several options: they can have their own items embroidered, select from a curated stock of blank goods like hats and totes provided by the company for an additional fee, or opt for pre-event embroidery of logos and designs. The company also offers the creation of custom patches ahead of events. Primarily serving the Phoenix metropolitan area, Patch of Joy travels to event locations, with services scalable based on the number of attendees.
Early stage · 2–10 employees
- Path Network
Security
The company's genesis is rooted in the founders' deep cybersecurity expertise; Webb, the current CEO, is a former ethical hacker with a history of identifying significant security vulnerabilities for entities like Microsoft and the Pentagon, while Hilbert is a former FBI special agent. This unique blend of offensive and defensive security experience shapes the firm's strategic approach.The company's business model is centered on providing uptime and performance monitoring through a subscription-based service. Path Network caters to a diverse clientele that includes governmental agencies, data analysts, and enterprises such as U-Haul, CoinPayments, and ClouDNS, ensuring the operational continuity of their digital investments. Revenue is generated by offering these sophisticated security solutions, which are noted for not charging premium fees during an active attack, to a global market. Path Network’s core service is a comprehensive DDoS mitigation platform that leverages a global network with over 12 Tbps capacity across more than 20 points of presence. The service architecture integrates several advanced technologies, including granular packet filtering using eXpress Data Path (XDP) for high-speed traffic analysis, and a patented stateful cloud firewall with hole-punching capabilities. This technology intelligently tracks network communications to determine the legitimacy of data packets. The platform provides protection across Layers 3 through 7 of the network stack, offering a robust defense against a wide spectrum of DDoS threats.
Early stage · 11–50 employees · $1.0M raised
- Path. Wellness
Health, Wellness & beauty
Path. Wellness offers a smart wellness system specifically engineered for women, integrating hardware and a mobile application to provide a comprehensive approach to health monitoring and guidance. The company’s target market is women seeking a more detailed understanding of their bodies beyond what a traditional scale can offer, with tailored support for various life stages such as perimenopause and menopause. The business model combines the one-time purchase of a hardware kit with a subscription to the accompanying application for personalized content and guidance. The core product is the Path. Smart System, which includes two physical devices and a connected app. The Path. Smart Body Scanner utilizes 8-electrode segmental bioelectrical impedance analysis (BIA) to track over 40 body composition metrics, including body fat percentage, muscle mass, hydration levels, bone density, and visceral fat. This is complemented by the Path. Smart Measuring Tool, which digitally records body measurements for precise tracking of changes in physical shape. Both devices synchronize data with the Path. App. The app serves as the central hub of the system, delivering structured 12-week wellness programs known as 'Paths.' Upon joining, users are matched with a Path based on their goals and current life stage. Program examples include the 'Metabolic Path,' 'Hormone Balance Path,' and 'Muscle Sculpt Path.' The app provides daily, research-backed guidance across four key areas: nutrition, movement, mindfulness, and recovery. This ecosystem was developed by a team of women aiming to address the gap in a market that often overlooks female-specific health data and needs.
Early stage
- Pathways
Jobs & recruitment
Pathways.io specializes in helping organizations uncover and harness the power of meaning to unlock untapped potential and drive performance. The company operates in the business consulting market, serving clients of all sizes who seek to enhance their workplace culture and leadership effectiveness. Pathways.io employs unique models and methodologies to foster environments where employees can realize their full potential, thereby transforming organizational performance from the inside out. The business model revolves around providing consulting services, workshops, and tailored experiences that focus on the heart and mind of the human being at work. Revenue is generated through service fees for these specialized programs. The company has a proven track record of boosting creativity, loyalty, and trust within leadership teams, leading to significant revenue and profitability growth for their clients.
Breakout · 51–200 employees · $2.5M raised
Early stage
Early stage · 1 employees
- Patrol 6
Security
Patrol 6 provides an artificial intelligence-powered body camera platform designed specifically for private security teams. The company’s integrated system combines hardware, in the form of AI body cameras, with software that enables live command-center visibility, automated incident reporting, and streamlined evidence workflows. This approach is intended to help private security operators execute their duties more effectively and provide clear, verifiable proof to clients and other stakeholders. The platform is built to address the specific operational needs of the private security industry, such as patrol verification, incident capture, and supervisor oversight, distinguishing it from systems originally designed for law enforcement. Key features include the P1 body camera, built for daily security operations, and a cloud-based platform that serves as an operating system for security teams. The AI offers real-time audio guidance to guards during patrols, helping them maintain focus and situational awareness. After a shift, the system automatically transforms captured audio and video into detailed patrol and incident reports, which significantly reduces manual administrative work for guards. Supervisors can monitor live feeds, manage their teams, and respond to incidents from any location via the command center interface. Patrol 6’s business model targets private security firms and focuses on delivering more than just hardware and video storage. The value proposition centers on enhancing entire operational workflows, from field capture to client accountability. The platform is designed for enterprise-level needs, with features that support evidence integrity, governance, and procurement requirements for legal and security stakeholders. The company also offers a discreet badge-camera option for professional environments and provides resources like a buyer's guide and pilot scorecards to assist teams in evaluation and deployment.
Early stage · 2–10 employees
- Paul howell : Design
Marketing
Early stage · 1 employees
Pawlicity operates in the pet care market, offering innovative solutions for pet owners dealing with indoor pet accidents. The company primarily serves pet owners who need effective and stylish products to manage their pets' bathroom habits. Pawlicity's core products include PuppyBellyBands, which are doggy diapers designed to prevent indoor accidents, and PuddlePads, which are reusable piddle pads that offer a durable and eco-friendly alternative to disposable pee pads. The business model revolves around direct-to-consumer sales through their website, where customers can purchase these products. Revenue is generated through the sale of these pet care items, with additional income from related accessories and toys. Pawlicity's market strategy focuses on providing high-quality, reusable, and stylish solutions that appeal to pet owners looking for both functionality and aesthetics.
Early stage
PAX app is revolutionizing the ride service industry by prioritizing drivers and community engagement. Designed by drivers for drivers, PAX offers a compelling business model where drivers earn 65% of the revenue from each ride and retain 100% of their tips, fostering a sense of ownership and motivation. The platform facilitates easy booking for passengers, enhancing the overall ride experience. PAX operates in the ride service market, targeting professional drivers and passengers who value community involvement. The company generates revenue through ride commissions while supporting local communities by allowing passengers to donate 10% of profits to a PAX Community Partner of their choice. This approach not only benefits drivers and passengers but also strengthens community ties. PAX is actively expanding its network of Community Partners, emphasizing its commitment to social responsibility and local investment. The app is particularly focused on the Phoenix area, aiming to transform rides into a force for good.
Early stage
- Paxauris
Health
Paxauris is a deep-tech hardware company pioneering advanced hearing protection and smart hearable solutions that merge acoustic engineering with human-centric design. Its patented inflatable earplug and in-ear dosimeter technologies provide adaptive, high-fidelity protection across industrial, military, and recreational environments. Through precision fluidic sealing and embedded sensing, Paxauris enables accurate sound measurement, fit validation, and enhanced communication without compromising hearing safety.The company bridges healthtech, wearables, and safety engineering to reduce global noise-induced hearing loss. By combining proprietary manufacturing processes with digital connectivity and ergonomic design, Paxauris positions itself at the intersection of hearing wellness and intelligent personal protection systems. The company's products have been both funded and recognized by U.S. Department programs.
Early stage · 2–10 employees · $6.7M raised
Early stage · 11–50 employees
- Payment Processing Solutions
Fintech
Early stage
- Paymentsmith
Fintech
Early stage · 2–10 employees
- Payper
Jobs & recruitment
Payper is a financial system designed to provide on-demand access to earned income for workers, addressing the increasing number of individuals living paycheck to paycheck. The company serves businesses looking to enhance their workforce management by offering financial benefits without the risk of employee misclassification. Operating in the financial technology sector, Payper targets companies with a significant number of 1099 contractors and W2 employees. The business model revolves around partnering with companies to offer their workforce immediate access to earned wages, thereby improving recruitment, engagement, and retention rates. Payper generates revenue through service fees charged to businesses for providing this financial benefit. The service integrates seamlessly with existing HR systems and can be launched within 24 hours, making it a convenient solution for companies of all sizes. By offering financial peace of mind, Payper helps workers focus on their tasks without the stress of financial instability, ultimately benefiting both the employees and the employers.
Early stage · 2–10 employees · $50K raised
- PBMCube
Gaming
Early stage · 2–10 employees
- Pctestbench
Semiconductors
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