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
1,633–1,656 of 2,570 companies
- PE Solar
Energy
PE Solar is a residential solar installation company founded in 2010. The company specializes in the installation of solar arrays and energy storage solutions for homeowners. Its business model focuses on being an Engineering, Procurement, and Construction (EPC) contractor, handling all aspects of the process from system design and permitting to installation and customer service. In March 2023, PE Solar merged with Sun Valley Solar Solutions, another prominent Arizona-based solar contractor established in 2006. The stated goal of the merger was to combine over 30 years of collective experience to accelerate their shared vision for a sustainable energy future. Initially, both brands will continue to operate separately in Arizona, with a long-term plan to unite under the Sun Valley Solar Solutions brand. The two companies had a history of collaboration, having worked together on over 1,700 installations in Arizona prior to the merger. PE Solar offers its services to residential clients in Arizona, Florida, Nevada, and North Carolina. The company's business model often involves zero-upfront cost options for homeowners, allowing them to switch to solar power by financing the system and replacing their utility bill with a loan payment. In addition to solar panel installation, the company's portfolio includes energy storage batteries from brands like Tesla and Generac, hybrid water heaters, and home insulation. Their service offerings include a full-coverage system warranty and a guaranteed annual solar production.
Early stage · 11–50 employees
- Peanut Butter Americano
Food, Kids
Peanut Butter Americano, now operating as Americano Foods, is a Phoenix-based food company specializing in nutritious nut butter spreads. The concept originated from Jeff Malkoon's experience while volunteering in Uruguay with the non-profit TECHO, which constructs housing in impoverished communities. He observed that while peanuts were abundant, local children often consumed sugary spreads like dulce de leche, and nutritious peanut butter was largely unavailable. This insight sparked the idea to create a healthier, better-tasting nut butter that could be a beneficial alternative globally. Jeff Malkoon's background is rooted in a desire for social impact, having studied Arabic and nonprofit management at Arizona State University before his pivotal trip to South America. He was not a chef or a culinary expert, but was driven by a practical and emotional goal to create a social venture that could support the work of organizations like TECHO. The company began with Jeff and Denise making five-pound batches of nut butter in their mother's kitchen, bootstrapping the business from the ground up. Their initial go-to-market strategy focused on local farmers' markets in Arizona, where they found early success. The business operates on a direct-to-consumer and retail model. Revenue is generated through sales on its website (eatamericano.com) and distribution through a wide network of retail locations, including major chains like Sprouts, Kroger, Whole Foods, and Fry's. The product line is centered on all-natural peanut and almond butters that are low in sugar and net carbs without sacrificing flavor. Signature flavors include Choco Blanco, Cinnamon Honey, and Classic Peanut, alongside Cinnamon Roasted and Classic Almond butters. The company's core mission is to be "delicious, nutritious, and socially beneficial." A key part of its business model is a commitment to social causes; through its "Fund for the Americas" initiative, a portion of proceeds supports hunger relief and poverty eradication efforts, partnering with organizations like St. Mary's Food Bank.
Early stage · 2–10 employees
- Pedlr
Transportation
Early stage · 2–10 employees
- PeerCapsule
Marketing
PeerCapsule is a HealthTech company operating a digital hub for medical associations. This insight led to the creation of PeerCapsule.The company provides a collaboration platform designed for professional healthcare associations. It functions as a central hub for these organizations, allowing them to manage member communications about dues and events, while also providing a secure environment for members to network and collaborate on research with professionals from other specialties and organizations across the country. This model enables users, such as a researcher seeking a collaborator for a project, to connect with interested parties on the platform rather than waiting for an annual conference. The platform operates as a Software as a Service (SaaS) and incorporates artificial intelligence and machine learning. PeerCapsule's primary clients are national and regional provider associations. The business model is still being refined in collaboration with these provider organizations to determine how they will be charged for the platform's use. A key distinction from competitors like Doximity is that PeerCapsule works directly with the associations and facilitates cross-organizational clinical research. In June 2022, the company received $350,000 in funding through an accelerator program from AWS Startups, which included cash and AWS cloud credits, to scale its platform and develop tools to accelerate clinical research.
Early stage · 2–10 employees · $230K raised
Early stage · 11–50 employees
- PeopleJar
Media, Enterprise software
Early stage · 2–10 employees
Early stage · 2–10 employees
Early stage · 2–10 employees
- Performance Protocol
Jobs & recruitment
Performance Protocol is a Canadian-led company headquartered in Phoenix, Arizona, that provides human capital management solutions for the public safety sector across North America. The company offers a suite of services that includes specialized training, technology solutions, and career development programs. Their offerings are designed for various user groups within law enforcement, such as HR, command staff, and recruiters. Performance Protocol provides a coaching platform aimed at improving officer morale, job satisfaction, and resilience, which has been shown to increase retention and reduce stress-related incidents. Additionally, their Recruitment Academy, designed with insights from US Navy and Amazon recruiters, equips agencies with data-driven strategies to improve candidate engagement and accelerate hiring. The business model centers on providing these services to law enforcement agencies to help them build and maintain a stable workforce. By treating employees as strategic assets, the company helps agencies reduce the high costs associated with officer turnover, which can exceed $120,000 per replacement. Their platform provides data-driven insights and coaching to foster a positive work culture and enhance officer performance and well-being.
Breakout · 51–200 employees
- Permanent Jewelry Club
Fashion
Permanent Jewelry Club offers custom-fit, claspless jewelry designed for continuous wear. The company provides a mobile service, bringing the welding experience to private parties and corporate events in the Phoenix, Tucson, Oro Valley, and Sierra Vista areas of Arizona. Clients can choose from a selection of chains in materials such as 14K gold-filled, 925 sterling silver, and stainless steel, which are then custom-fitted and seamlessly welded closed by an expert. This process creates a hassle-free, minimalist piece of jewelry like a bracelet, anklet, or necklace. The business model focuses on providing an experiential service for events such as bachelorette parties, birthdays, and corporate functions. For private events, a minimum group size of five guests is typically required. The company also operates through pop-up events. In addition to in-person services, Permanent Jewelry Club sells wholesale permanent jewelry supplies, including chains and earrings, for other businesses in the industry. The company also features a lifetime membership program which offers benefits like a 10% discount on all chains, a complimentary birthday bracelet, and access to exclusive parties and events. This membership is a one-time purchase and provides ongoing perks. The permanent jewelry market is a growing trend, valued for the personal connection and experience it provides. The business model is characterized by low overhead and high-profit margins, as the service of custom-fitting and welding commands a premium price. Startup costs in the industry typically range from $5,000 to $10,000, with the primary investment being the welding equipment.
Early stage · 1 employees
- Permit Analyzer
Legal
Early stage · 1 employees
- Perpetual Solutions Group LLC
Security
Early stage · 1 employees
PetSmart Veterinary Services (PVS), a wholly owned subsidiary of PetSmart, launched in June 2022 to provide veterinarians with an independent business ownership model. This franchise opportunity was created to address the consolidation in the veterinary industry, which has made it difficult for individual veterinarians to own their own practices due to high costs and market positioning. The PVS business model allows veterinarians to own and operate their own franchised practice located inside a PetSmart retail store. This model aims to offer a lower-cost path to business ownership compared to starting a standalone practice. Franchisees receive comprehensive support, including resources for marketing, IT, construction, training, and ongoing business consultation, allowing them to focus on clinical care. The financial structure includes a franchise fee and a tiered royalty system that scales with revenue, with no occupancy or royalty fees for the first year to help owners build their client base. The initial investment to open a franchise is estimated to be between $191,000 and $316,000. Veterinarians who join PVS retain 100% local practice ownership and have high clinical autonomy, meaning they control the medical services and treatments offered without corporate mandates on medicine. The in-store locations provide immediate exposure to PetSmart's existing customer foot traffic. As a requirement for maintaining high standards, every PVS hospital must achieve and maintain American Animal Hospital Association (AAHA) accreditation, a standard met by only about 15% of pet hospitals in the U.S. This initiative is part of PetSmart's broader growth strategy to offer comprehensive pet care services under one roof.
Breakout · 51–200 employees
- Petswag
Wellness & beauty, Fashion
Early stage · 2–10 employees
- Pharmacistcompensation
Fintech
Early stage · 11–50 employees
- Philosophi AI
Enterprise software
Philosophi AI positions itself as the creator of PHILOSOPHI OS, an AI-native operating system designed to manage and integrate global commerce, industry, and government functions. The company's stated goal is to provide a unified intelligence layer that transitions organizations from human-led processes to autonomous execution.The core of its offering is the PHILOSOPHI OS, which is built as both a native operating system and a layered intelligence framework. This system features four management modes, ranging from manual control to fully autonomous operation, intended to provide a gradual path to automation for its clients. The primary application highlighted is a Supply Chain OS, which aims to replace legacy systems with real-time, predictive, and self-optimizing operations across manufacturing, logistics, and delivery.This intelligence layer is extended into the physical world through a division named PHILO Robotics. This segment is focused on powering warehouse automation, autonomous material movement, delivery drones, and self-driving truck fleets to create an end-to-end autonomous logistics ecosystem. Furthermore, the company describes a financial layer incorporating a private blockchain and a digital currency, PHI Coin, to facilitate instant settlements and secure transactions in global trade.The system is designed for enterprise, SMB, and government agency clients, offering secure, sovereign intelligence with deployment options that include air-gapped environments for zero cloud dependency. The company also mentions the PHILO App, an extension of its platform for individuals to have a form of personal super intelligence.
Early stage
- Philosophy
Health, Wellness & beauty
Early stage · 201–500 employees
Phlex Nutritional Manufacturing is a full-service contract manufacturer specializing in nutritional and dietary supplements. The company was established in 2022 and has roots in Philadelphia with a subsequent expansion to Phoenix, Arizona, where it operates a 65,000-square-foot, state-of-the-art manufacturing facility. In April 2026, Phlex was acquired by VitaWorks, a move that significantly expanded VitaWorks' production capacity and national footprint. Phlex provides end-to-end solutions for brands in the health and wellness market, from emerging startups to established companies. Its business model is centered on contract and private label manufacturing. The company's services encompass custom formulation, research and development, manufacturing, co-packing, and private labeling. Phlex operates an in-house flavor lab to create unique taste profiles and ensures quality through its FDA-registered, GMP-certified, and temperature-controlled facilities. The company's core production capabilities include the manufacturing of powders, such as protein and vitamin blends, and capsules for a variety of nutraceuticals like multivitamins, probiotics, and herbal extracts. It utilizes advanced packaging technology for various formats, including rigid containers, flexible bags, and single-serve stick packs. Following the acquisition by VitaWorks, Phlex is part of a larger manufacturing platform that includes over 450,000 square feet of capabilities across Arizona, New Jersey, and Florida. This integration aims to support a diverse range of product categories and delivery systems. The Phoenix facility now also houses the Döhler Flavor Lab, a collaboration to advance flavor development and custom extract innovation.
Early stage · 11–50 employees
Early stage
- Phoenix Cardiac Surgery
Health
Early stage · 2–10 employees
Early stage · 11–50 employees
Early stage · 2–10 employees · $10K raised
- Phoenix CyberKnife
Health
Early stage · 11–50 employees
- Phoenix Forge Digital
Marketing
Phoenix Forge Digital operates as a specialized, AI-powered web agency with a narrow focus on the home-service contractor market within the Phoenix metropolitan area. The company targets businesses such as roofing, HVAC, plumbing, landscaping, and general contracting firms, addressing common operational pain points like outdated web presences and inefficient lead management.The firm's business model is structured around a fully managed, subscription-based service, offering what it terms "autonomous digital infrastructure." This model allows clients to outsource their entire online presence, from development to ongoing maintenance. Revenue is generated through tiered monthly subscription plans—Ignite ($297/mo), Forge ($797/mo), and Architect ($1,497/mo)—each offering a progressively comprehensive suite of services.Core service delivery centers on building conversion-focused websites engineered to secure high-value jobs. A key differentiator is the integration of an AI-powered lead intake system capable of responding to new inquiries in under 60 seconds, coupled with automated SMS follow-up and CRM pipeline synchronization, utilizing technologies like n8n and OpenAI. The service portfolio also includes local search engine optimization (SEO), Google Business Profile management, and the implementation of JSON-LD schema to build search authority specifically within the Phoenix market. The company's value proposition is its "zero-maintenance promise," where it handles all hosting, updates, automation monitoring, and performance reporting, requiring no technical input from the client.
Early stage · 1 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
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- 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