Phoenix
Freeway partner cityData as of Oct 1, 2026Venture 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
145–168 of 2,570 companies
- Arbsource
Health, Food
Arbsource operates in the environmental services sector, providing wastewater treatment solutions specifically for food and beverage companies. The company was established with the goal of converting wastewater from a costly liability into a valuable resource. The core of Arbsource's offering is its Arbcell biotechnology, which is based on microbial electrochemical cell (MEC) technologies. This process utilizes electrochemically active bacteria to treat wastewater. As the microorganisms, or "electrogenes," break down organic matter found in the wastewater, they generate a range of potential outputs, including bioelectricity, biofuels like hydrogen or methane, and other valuable chemicals. This approach allows clients to not only treat their wastewater but also to recover resources and energy, which can help in reducing operational expenses related to water and power. The company's business model is centered on providing these advanced water treatment systems to its industrial clients. Since its inception, Arbsource participated in several accelerator and incubator programs starting as early as 2010. It has secured approximately $200K in funding from various sources, including grants and investments from entities like the U.S. National Science Foundation, MassChallenge, and the Arizona Commerce Authority. The company, headquartered in Phoenix, AZ, was acquired by MICROrganic Technologies on February 23, 2016.
Early stage · 1 employees · $300K raised
- Arctrieval
Health
Early stage · 2–10 employees
Arcus AI specializes in optimizing and accelerating the interconnection process for renewable energy projects, including solar, storage, and wind farms. Utilizing generative AI, the company provides tools that create optimized interconnection applications, reducing delays and rejections. By streamlining the application process, Arcus AI helps project owners secure faster and more efficient grid connections. The business primarily serves renewable energy developers and operators, operating within the energy sector. Arcus AI's business model revolves around offering a platform that leverages project data to generate validated responses for interconnection applications, ensuring they meet acceptance criteria. This approach not only enhances the efficiency of the application process but also supports clients in navigating complex regulatory environments.
Early stage · 1 employees
Early stage · 11–50 employees
- Aress Support
Hosting
Early stage
- Arete Pharmacy Network
Fintech
Early stage · 11–50 employees
Early stage
Early stage
- Arizeprefab
Real estate
Early stage · 2–10 employees
Early stage
The platform covers a wide range of topics including culture, relationships, parenting, and finances, aiming to promote economic empowerment and resiliency within the Black community. Arizona Coffea operates in the digital media market, primarily serving Black individuals and businesses. The business model revolves around sponsored content, advertisements, and partnerships with brands that align with their mission. Revenue is generated through these sponsorships and advertisements, allowing the platform to continue its mission of positive representation and community empowerment.
Early stage · 2–10 employees
- Arizona Colocation
Transportation
Early stage
- Arizona Diamondbacks
Media
Late stage · 501–1000 employees
- Arizona Digestive Health
Health
Breakout · 51–200 employees
Breakout · 51–200 employees
Early stage · 2–10 employees
Early stage · 11–50 employees
- Arizona Innovative Learning Network
Education
Arizona Innovative Learning Network (AILN) operates as a centralized online hub designed to connect families with educational providers throughout Arizona. The platform aims to simplify the search for educational resources, which are often fragmented across social media, directories, and word-of-mouth referrals. The primary clients are Arizona families, particularly those in the homeschooling sector and those utilizing the state's Empowerment Scholarship Account (ESA) program, alongside a wide range of education providers. For families, the platform serves as a free-to-use, searchable directory to discover and compare tutors, microschools, learning pods, enrichment programs, and various ESA-approved vendors. This addresses the challenge of finding suitable and trusted learning opportunities in a growing and diverse educational landscape. For service providers, AILN functions as a marketing and client acquisition tool. The business model is centered on a Partner Program that offers increased visibility to a targeted audience. Providers can list their services for free, with options to gain featured placements and promotional opportunities through social media and newsletters. This suggests a tiered membership or fee-based model for enhanced marketing features, allowing providers to connect directly with families seeking their specific services. The network brings together experienced educators, tutors, community leaders, and organizations to foster a collaborative educational community. It lists a wide variety of services, including academic mentorship, special education support, online learning options, and enrichment classes in areas like STEM and the arts.
Early stage
- Arizona Kitchens
Food
Early stage · 2–10 employees
Early stage · 2–10 employees
Arizona NonProfit Awards (ANPA) is dedicated to recognizing and supporting nonprofit organizations across Arizona through an annual awards event. The organization aims to elevate the work of nonprofits by providing them with essential resources, increased visibility, and financial support to sustain and grow their transformative efforts. ANPA's mission is to foster a thriving nonprofit sector by celebrating and honoring organizations of all sizes for their impactful contributions to communities. The business model revolves around hosting a prestigious gala event that awards funding prizes and meaningful recognition to nonprofits, encouraging community support and collaboration. ANPA advocates for a sustainable model that values both impact and operational strength, challenging outdated views on nonprofit funding and compensation. By championing unrestricted funding and fair compensation, ANPA empowers nonprofits to thrive and make a positive impact across the state.
Early stage · 1 employees
- Arizona Science Center
Education, Kids
Breakout · 51–200 employees
Arizona Sunrays Gymnastics & Dance Center operates as a family-centric athletic and arts training facility with three locations in the Phoenix and Scottsdale areas. Together, they aimed to create a safe and professional environment for children to engage in physical activity. The business offers a comprehensive suite of programs primarily catering to children from infancy to young adulthood, though adult classes are also available. The core offerings include competitive and recreational gymnastics, a wide variety of dance classes, and NinjaZone programs designed to build character and athletic development. In addition to regular classes, the company's business model includes year-round day camps, 'Kids Night Out' events, birthday parties, field trips, and a certified preschool program at its Phoenix location. The company has trained national champions, Olympic gymnasts, and has had over 40 athletes receive collegiate scholarships. A significant milestone occurred in 2017 with the opening of a new 34,000-square-foot facility in Phoenix. This modern complex, which cost $4.2 million, consolidated its gymnastics and dance programs under one roof, which were previously in separate locations. It features state-of-the-art equipment, multiple dance studios, an active preschool, and parent viewing areas. The facility was a response to outgrowing their previous space and a desire to house all programs in a single, purpose-built location. The company serves over 2,000 students per week across its programs and employs around 60 people. Arizona Sunrays also provides over $120,000 in scholarships and tuition assistance annually and makes donations to local organizations.
Early stage · 11–50 employees
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 |