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

49–72 of 687 companies

  • Early stage · 2–10 employees

  • Early stage

  • Early stage

  • AquaCrossings

    Home & living

    Early stage · 2–10 employees

  • Early stage · 2–10 employees

  • Early stage · 11–50 employees

  • Archrift

    Real estate

    Arch Rift is a pioneering company focused on enhancing safety and accessibility in space exploration. The company operates in the aerospace industry, providing cutting-edge safety solutions for space missions. Arch Rift serves a diverse range of clients including space agencies, private space companies, and research institutions. The business model revolves around developing and selling advanced safety equipment and technologies designed to protect astronauts and spacecraft. Revenue is generated through the sale of these products and through partnerships with organizations involved in space missions. Arch Rift's innovative approach and commitment to safety have earned it recognition and awards, such as winning at the ASU Demo Day and NewSpaceBPC.

    Early stage · 1 employees

  • ARCS

    Robotics

    Aerial Robotics and Control Systems (ARCS) is a student-led organization focused on the aerospace and control systems sectors. The club's primary objective is the development and execution of a propulsively landed rocket, for which it engineers and constructs avionics and propulsion systems from the ground up.The organization functions as a multi-disciplinary team, providing students from fields like computer science, aerospace engineering, and mechanical engineering with practical experience in the design, construction, and implementation of complex systems. This hands-on approach allows members to address real-world challenges associated with mechanical, electrical, and software system integration. ARCS serves as a practical training ground, and many of its members have secured internships at prominent aerospace and technology companies, including Lockheed Martin and Textron Aviation. ARCS's core projects revolve around developing the necessary components for controlled rocket descent and landing, a technically demanding feat. This includes creating custom avionics for navigation and control, as well as the propulsion systems needed for a soft landing. While a detailed history and list of founders are not publicly available, the club operates similarly to other university-level rocketry and robotics clubs, which are typically founded by students with a shared interest in aerospace challenges. These clubs often participate in competitions, such as those hosted by the Association for Unmanned Vehicle Systems International (AUVSI).

    Early stage · 2–10 employees

  • Arizona Custom Blends (ACB) is a contract manufacturer specializing in nutritional and dietary supplements for other brands. Founded in 2016, the company operates from a 144,000-square-foot, cGMP-certified facility in Tempe, Arizona. His experience includes co-founding a successful kidney disease and dialysis company before being recruited into the contract manufacturing sector, which inspired him to start ACB to address common industry issues like on-time delivery. ACB's business model is exclusively B2B, providing manufacturing services for brands that sell products in retailers like Whole Foods and Sprouts. The company does not produce its own branded products, focusing instead on being a behind-the-scenes partner for its clients. Revenue is generated through its comprehensive manufacturing services, which include formulation, blending, encapsulation, and packaging. ACB specializes in producing powders and capsules, deliberately avoiding liquids and lotions to maintain a moisture-free environment and develop deep expertise in its chosen formats. The company offers a full suite of services, from R&D and formulation in its in-house lab to manufacturing and packaging. Its capabilities cover powders in canisters and gusseted bags, as well as capsules in bottles. A key aspect of its quality control is the use of third-party labs for microbiological and contaminant testing to avoid conflicts of interest. Arizona Custom Blends holds numerous certifications, including NSF, NSF for Sport, Informed Choice, QAI Organic, Non-GMO, Kosher, and Halal, allowing clients to make various claims on their product labels.

    Early stage · 11–50 employees

  • Arizona Epoxy Systems (AES) is a nationwide installer of high-performance, resinous concrete flooring for commercial and industrial clients. Durgarian led the company from its inception until his passing in 2024, building a reputation for quality and customer service. In October 2025, AES was acquired by Sunflower Industrial, the largest self-performing resinous flooring provider in the U.S., and now operates as its Southwest Region Headquarters. The company's business model is centered on providing specialized flooring solutions directly to general contractors and industrial facility managers. AES serves a diverse range of industries, including aviation, automotive, healthcare, food and beverage, heavy manufacturing, and sports facilities. Revenue is generated through project-based contracts for the installation of durable and chemical-resistant flooring systems designed to minimize operational downtime for clients. AES offers a comprehensive suite of services, including epoxy and urethane coatings, concrete resurfacing and restoration, urethane mortar, and moisture mitigation. Their flooring systems are engineered for high-traffic environments, providing resistance to abrasions, chemicals, and impacts. Specific applications include seamless, waterproof, and slip-resistant surfaces, as well as electro-static dissipative (ESD) flooring for sensitive environments. The company emphasizes a consultative approach, working closely with clients throughout the installation process to ensure project requirements are met on time and within budget.

    Early stage · 2–10 employees

  • Early stage

  • Arizona Microcredit Initiative (AMI) is a 501c3 nonprofit organization dedicated to empowering underserved entrepreneurs in the greater Phoenix area. By providing free consulting services, low-interest microloans, and comprehensive business education, AMI supports individuals in starting, elevating, and expanding their small businesses. The organization operates with a mission to help entrepreneurs achieve financial self-sufficiency and contribute positively to their local economies. AMI's business model relies on donations and partnerships, which enable the continuation of their free workshops and consulting services while maintaining minimal fees on their loan programs. The initiative serves a diverse clientele, focusing on those who may not have access to traditional financial resources, thereby fostering economic growth and opportunity within the community. Key services include personalized consulting, educational workshops, and financial support through microloans, all designed to address the unique challenges faced by small business owners. By equipping entrepreneurs with the necessary tools and knowledge, AMI plays a crucial role in nurturing the entrepreneurial spirit and driving economic development in Arizona.

    Early stage · 11–50 employees

  • Arizona PPE Recon, Inc. is a UL-certified independent service provider (ISP) specializing in the maintenance of personal protective equipment for firefighters. The company provides NFPA 1851 compliant services, including advanced decontamination, detailed inspection, and professional repair of firefighting garments. Their business model focuses on serving fire departments, primarily within the Arizona market, helping them mitigate health risks, such as cancer, by properly cleaning gear to remove harmful contaminants from fires. The company was founded in 2016 in Tempe, Arizona, by the husband and wife team Scott and DeAnna Petersen. Their vision was to create an organization that assists fire departments in implementing the NFPA 1851 standard for PPE care. This mission was driven by a personal connection, having family members in the fire service. In September 2025, Arizona PPE Recon was acquired by Lakeland Industries (NASDAQ: LAKE), a global manufacturer of protective clothing, in an all-cash transaction valued at approximately $4 million. Despite the acquisition, Scott and DeAnna Petersen continue to manage and grow the business. Arizona PPE Recon's offerings extend beyond cleaning and repair to include PPE equipment rentals, sales of specialized cleaning products like CITROSQUEEZE®, and extractor and dryer sales. The company also provides educational and training classes to fire department personnel to ensure adherence to NFPA 1851 guidelines. The business generates recurring revenue through service contracts with fire departments for the regular, mandated care of their protective ensembles.

    Early stage

  • Early stage · 2–10 employees

  • Artesyn

    Semiconductors

    Early stage · 1001–5000 employees

  • AstreaX

    Security

    Breakout · 51–200 employees

  • Early stage · 2–10 employees

  • Athena Network Solutions LLC, operating as Athenets, provides secure cloud computing and programmable networking solutions for computer systems, mobiles, and e-learning. The company focuses on delivering tailored network solutions for businesses, from designing robust infrastructures to ensuring optimal security and connectivity. Their service offerings include managed network services with 24/7 monitoring and support, network security featuring firewalls and proactive threat detection, and cloud networking to facilitate seamless migration and management of hybrid cloud environments.Founded in 2014, the company received a Phase I Small Business Innovation Research (SBIR) award from the National Science Foundation (NSF) in 2016 for $225,000. This award was for a project titled "Enabling Personalized Learning for Hands-on Lab Based Cybersecurity Education." Key individuals associated with the company are Chun-Jen Chung and Dijiang Huang.

    Early stage · 1 employees

  • ATMOS Inc. specializes in providing advanced medical technologies tailored for ENT, OB GYN, swallowing diagnostics, and cardiothoracic care. The company serves healthcare professionals by offering products such as high-definition endoscopes and mobile diagnostic solutions. Operating in the medical equipment market, ATMOS Inc. focuses on delivering compact and digital solutions that enhance patient care and clinical outcomes. The business model revolves around selling specialized medical devices and providing unparalleled service through a team of clinical specialists, sales experts, and technical support engineers. Revenue is generated through the sale of these medical devices and the provision of associated services. The company emphasizes high-resolution imaging and portable solutions, catering to the needs of mobile and acute care environments. Key products include the ATMOS Scope HD and the ATMOS FEES Fly HD, which are designed for high-quality visualization and diagnostics in ENT and swallowing evaluations.

    Early stage · 11–50 employees

  • ATP Nutrition is a Canadian science-based plant nutrient company specializing in the development and marketing of high-performance products and nutrient management plans for broadacre field crops such as canola, cereals, pulses, soybeans, and corn. The company's business model revolves around providing growers with proprietary formulations and nutrient technologies designed to improve plant health and performance. This is supported by their R3 Agronomic Platform, a tool that translates scientific data on plant health into actionable management plans to help growers achieve the full genetic potential of their crops. ATP Nutrition's product portfolio is extensive, featuring seed nutrition dressings like PreCede®, soil-applied macronutrients and chelated micronutrients (Arise®, Micro-Che®), and foliar-applied fertilizers (ReLeaf®, 42PHI®), among others. These products are distributed through a network of retailers and partners across North America. In April 2018, ATP Nutrition was acquired by Inocucor Corporation (now Concentric Agriculture), a developer of biological crop inputs. The acquisition was a strategic move to combine ATP's expertise in plant nutrients with Concentric's biologicals, aiming to create innovative, all-in-one products that synergize micronutrients with biological agents for enhanced crop performance.

    Early stage · 2–10 employees

  • Early stage · 2–10 employees

  • AustralTek

    Semiconductors

    The business specializes in advanced industrial radar solutions tailored for the steel manufacturing sector. Its core offerings, SlabSense and MeltSense, utilize 70Ghz radar technology to perform high-precision measurements in environments where traditional optical systems like cameras and lasers fail due to dust, steam, and fumes.The SlabSense system provides dimensional analysis of steel slabs and plates directly on rolling tables, with measurements accurate to within millimeters. MeltSense is designed to measure the level of molten steel in vessels such as tundishes and ladles, a critical factor for process control and safety. This radar technology is robust, featuring no moving parts or glass surfaces, which reduces maintenance requirements compared to optical alternatives.The systems are engineered to integrate directly into a plant's existing infrastructure, communicating data to PLCs, Level 2, and ERP systems. Data is accessible through a web-based interface for monitoring and reporting. In addition to its radar products, the company provides a range of industrial electrical engineering services, including the design and implementation of medium and low voltage systems, control panels, and motor control centers.

    Early stage · 2–10 employees

  • Early stage

  • 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.