Freeway
Arizona

Tempe

Freeway partner cityData as of Oct 1, 2026
687
Companies
$21.0M
Venture funding in the last 12 months, 3 rounds
$729.1M
Venture funding, 2022–2026
23
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$686.1M21
2020$170.0M23
2021$285.4M20
2022$438.5M23
2023$55.7M6
2024$146.1M9
2025$67.8M7
2026*$21.0M3

Industries

  • Health86
  • Marketing55
  • Enterprise software50
  • Energy45
  • Fintech43
  • Real estate39
  • Education35
  • Food31
  • Semiconductors31
  • Media24

And 20 more industries.

Companies in Tempe

481–504 of 687 companies

  • PRPlife

    Energy

    Early stage

  • Pump It Up specializes in hosting 100% private kids' birthday parties and group events, featuring large inflatable playgrounds, endless games, and customizable party experiences. Operating in the family entertainment market, Pump It Up serves parents looking for safe, clean, and exclusive venues for their children's celebrations. The business model revolves around booking private party slots, offering additional services like party customization and event photography to generate revenue. The company ensures a unique and memorable experience by providing exclusive access to their facilities for each event, thereby maintaining high standards of cleanliness and safety.

    Late stage · 501–1000 employees

  • Punisher Coin is a decentralized, community-driven meme token that operates on the Binance Smart Chain (BSC). Launched as a BEP-20 token, it aims to build a strong community around the coin. The project states its tokenomics include a total supply of 1 quadrillion tokens, with a portion allocated for burning to create a deflationary effect. The smart contract for Punisher Coin was created on PinkSale, a platform that facilitates the launch of new crypto tokens. The project emphasizes community engagement and aims to grow through collective effort and participation. The Punisher Coin is available for trading on decentralized exchanges like PancakeSwap. The value and development of the coin are heavily reliant on the activity and expansion of its community base. The business model is typical of meme coins, where value is primarily driven by speculation, social media trends, and community growth rather than a specific utility or service-based revenue stream.

    Early stage

  • Purityresource

    Semiconductors, Chemicals

    Purity ReSource Inc. operates as a specialized technology provider focused on enhancing sustainability within the semiconductor manufacturing sector. His extensive background as a materials innovator directly informs the company's mission to address critical environmental and supply chain challenges in high-tech manufacturing. The core of Purity ReSource's business is the development and deployment of systems that enable the recovery and purification of chemical solvents and water from industrial wastewater. Specifically, the company targets the recycling of Isopropanol (IPA), a key solvent in chip manufacturing, transforming it from a waste product back to electronic-grade purity levels of 99.99%. This process is designed to cut hazardous waste by up to 90% and reduce chemical procurement costs by as much as 40%. By offering on-site or near-site recovery systems, the business model allows semiconductor fabrication plants (fabs) and tool manufacturers to minimize waste sent to incinerators, lower transportation and disposal expenses, and establish a more resilient domestic supply chain for critical chemicals, many of which are currently imported. Purity ReSource offers several distinct services and products. Its flagship offering is the solvent wastewater recovery technology, which extracts water and solvents at high purity from process streams. These systems are engineered to be deployed flexibly, whether on a specific tool, across an entire facility, or at a nearby location. In addition to its recovery systems, the company provides an Ampoule Cleaning Service for chemical vapor deposition (CVD) and atomic layer deposition (ALD) vessels, using proprietary, eco-friendly processes to clean and certify them for reuse. The firm also engages in custom contract research to help companies develop tailored sustainability solutions. Based in Tempe, Arizona, Purity ReSource has secured seed funding and support from entities including Arizona State University and the Arizona Commerce Authority to advance its technology.

    Early stage · 2–10 employees · $680K raised

  • Purpose Community operates in the personal and corporate development market, providing a comprehensive life balance navigation tool. The company serves individuals and businesses looking to set up or reorganize projects, offering hundreds of resources organized for easy navigation. Clients can review these resources independently, with a facilitator named Felicity, or in groups. The business model includes custom event planning and curated group training tailored to specific projects, processes, and challenges. Revenue is generated through direct involvement and paid services, including workshops, materials, and peer assignments. The company prides itself on top-notch customer service, creative solution finding, and a collaborative environment. Administrators are responsible for managing program resources, including events, workshops, and outcomes data, ensuring seamless delivery from conception to completion. Purpose Community aims to reduce unnecessary steps and dependencies in processes, thereby improving efficiency and onboarding times for new providers.

    Early stage · 1 employees

  • Early stage · 11–50 employees

  • Qameleon Technology

    Semiconductors

    Early stage · 2–10 employees

  • Quality Vision International

    Robotics, Semiconductors

    Early stage · 2–10 employees

  • Qualityturfaz

    Home & living

    Early stage

  • Quanttera

    Telecom, Semiconductors

    Early stage · $650K raised

  • Early stage

  • Early stage · 11–50 employees

  • Quote Runner

    Marketing

    QR LLC operates as a lead generation firm that leverages technology to supply its partners with qualified, relevant leads. The company's core business model revolves around its proprietary lead generation methods, which employ advanced algorithms. These algorithms are designed to produce optimized leads tailored to specific client-defined demographics. The primary value proposition for its partners is the potential for higher conversion rates with reduced effort, as the leads are pre-qualified and targeted.The service is administered from the United States, and the company's revenue is presumably generated by selling these leads to its business partners. The operational focus is on continuous technological investment to enhance the precision and usability of the leads provided. The company serves partners who are looking to acquire customers from specific demographic segments, although the specific industries are not detailed. The platform also utilizes web traffic analytics to monitor and analyze user behavior, likely to refine its lead generation processes.

    Early stage · 2–10 employees

  • Racing Ritual

    Event tech

    Racing Ritual is a full-motion simulator racing entertainment venue located in Tempe, Arizona. The company was founded out of a passion for motorsport and aims to make the racing experience accessible to a broad audience, from first-time drivers to seasoned racers. The public Grand Opening was held on January 10th, 2025. The company's business model is centered on providing paid access to its simulators through individual sessions, credit packs, and tiered membership plans. Individual sessions are available in 30-minute, one-hour, and two-hour blocks, with prices varying for weekdays and weekends. Racing Ritual also offers credit packs that bundle multiple one-hour sessions at a discounted rate without an expiration date. For more frequent visitors, several membership tiers are available, such as 'Pole Position' and 'Champion,' which provide a set number of monthly racing hours, discounts on additional sessions, and access to exclusive members-only events like private track nights and merchandise drops. The facility, spanning 2,861 square feet, houses twelve professional-grade racing simulators. These simulators feature motion dynamics platforms, force-feedback steering systems, and panoramic displays to create an immersive experience. Customers can choose from hundreds of car models across various disciplines—including Formula Style Open Wheel, GT3, Prototypes, and Supercars—and race on over 90 different circuits. The venue supports multiplayer races, allowing groups to compete directly with private leaderboards and voice communications. It also functions as a private event space with a venue capacity of 146, offering catering options and control over a 140” 4k projector and sound system for corporate events or private parties.

    Early stage

  • Radiant Research

    Health, Education

    Radiant Research specializes in clinical research services, focusing on patient-centric trials and comprehensive data collection. Operating across multiple states in the U.S., Radiant Research serves pharmaceutical companies, biotechnology firms, and medical device manufacturers. The company operates in the healthcare and life sciences market, providing end-to-end clinical trial management services. Radiant Research makes money through contracts with its clients, offering services such as patient recruitment, data management, and regulatory compliance. The business model is service-based, with revenue generated from fees for managing and conducting clinical trials.

    Early stage · 1 employees · $11.0M raised

  • RadiusAI, established in 2017, is a computer vision analytics company based in Tempe, Arizona, that provides real-time data to enhance operational efficiency for enterprise-level clients primarily in the retail and healthcare sectors. The firm's core business revolves around a B2B SaaS model, offering its technology through a subscription plan. RadiusAI's platform integrates with existing camera systems to deliver actionable insights without requiring new hardware installation. This technology, which includes the patented Viztel™ artificial intelligence, analyzes video streams to understand customer journeys, identify operational bottlenecks, and interpret human actions and experiences in real-time. By doing so, it helps businesses reduce costs, improve revenue, and increase overall profit. A key product offering is ShopAssist, an AI-powered self-checkout solution that uses computer vision for rapid and accurate transactions, aimed at reducing shrinkage and improving employee productivity. Another application, RAI Health, was developed to create safer environments by using thermal and regular cameras to monitor for fever, mask usage, and social distancing, saving significant time for healthcare staff. The company has formed strategic partnerships with major enterprises like Lenovo, NVIDIA, and Intel. Since its inception, RadiusAI has secured funding through several rounds, including a significant Series B investment in April 2024, demonstrating investor confidence in its growth trajectory.

    Early stage · 11–50 employees · $10.3M raised

  • Early stage · 2–10 employees · $1.0M raised

  • Early stage

  • Re-Bath

    Home & living

    Re Bath specializes in custom bathroom design and full bathroom remodeling services, catering to homeowners seeking modern updates, increased storage, additional safety features, or comprehensive transformations. Operating in the home improvement market, Re Bath serves a diverse clientele looking for personalized and accessible bathroom solutions. The business model revolves around offering free in-home design consultations, followed by professional installation of high-quality products. Revenue is generated through the sale of design services and remodeling projects. With over 40 years of expertise, Re Bath emphasizes thoughtful design, quality service, and customer satisfaction. The company also fosters a culture of excellence and inclusivity, hiring top talent to maintain its reputation.

    Early stage · 11–50 employees

  • Reachhome

    Real estate

    Early stage

  • Early stage

  • Early stage · 1 employees

  • Redfynn

    Fintech

    Early stage · 11–50 employees

  • Regulatory Nexus operates as a service provider in the clinical research sector, specializing in connecting sponsors of clinical trials with suitable and prepared research sites. The company offers support throughout the entire trial lifecycle, leveraging its expertise in Regulatory Affairs and Clinical Research Operations.The primary service is to bridge the gap between organizations funding research (sponsors) and the clinical sites where trials are conducted. By facilitating these connections, Regulatory Nexus aims to reduce the time required for trial start-up, enhance compliance with regulatory standards, and improve the overall quality of the study. Their focus is on ensuring that trials are consistently prepared for audits.The company's business model is centered on providing services to both sponsors and clinical trial sites within the pharmaceutical, biotechnology, and medical device industries. By creating a network of capable and inspection-ready sites, they offer sponsors a streamlined process for initiating and managing clinical trials. For the sites, they provide access to research opportunities. The core value proposition lies in their specialized knowledge of the regulatory environment governing clinical trials, particularly in India. This includes navigating the requirements of bodies like the Central Drugs Standard Control Organization (CDSCO).

    Early stage

Recent venture rounds

CompanyRoundAmountDateInvestors
ProPlaintiff.aiEarly VCUndisclosedJul 2026Not disclosed
BasataSeries A$21.0MMay 2026Cowboy Ventures, Basis Set Ventures, PHX Ventures +1 more
LifeGuidesGrowth Equity VCUndisclosedJan 2026Castellan Group
RunBuggySeries B$37.0MOct 2025Centana Growth Partners
DMD systems Recovery, Inc.Growth Equity VCUndisclosedSep 2025Tailwind Capital
Shilo AISeed$2.6MJun 2025The Levi Rodgers Real Estate Group, The MPH Team, AZ-VC +6 more
SolestialSeries A$17.0MMay 2025Techstars, Airbus Ventures, AE Ventures +6 more
UplinqSeries A$10.0MMay 2025LiveOak Venture Partners, Next Coast Ventures, AZ-VC
Morphos AiEarly VC$500KMay 2025Not disclosed
PurityresourceSeed$680KApr 2025Not disclosed
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.