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2022
Sales software startup Allbound Inc. raised $43 million from private equity firm Invictus Growth Partners to enhance its platform and investment in sales and marketing, according to a news release.
Better Agency, a Gilbert software company that makes a platform for independent insurance providers, has raised $8 million in series A financing to help the company scale.
Arizona’s 25 largest venture capital deals of 2020, as reported by PitchBook Data, https://www.pitchbook.com. List ranked by deal value. Other information points include closing date, deal type, company focus description, and participating investors.
With its robust employment growth rate, lower labor costs and other advantages, the Phoenix metro was ranked as one of the top cities in the nation to launch a startup.
Recreate Now, a Valley company formed to assist and inspire women over 40 to start their own businesses, held its first pitch event for eight entrepreneurs on Jan. 15, a sort of graduation ceremony for its initial cohort of recruits.
2021
A pair of Valley women have formed a company called Recreate Now with the specific purpose of helping women over 40 start a business or nonprofit organization.
It has been a record-setting year for Arizona entrepreneurs and their companies, which collectively pulled in well over $1 billion in outside financing from venture capitalists and private equity firms in 2021.
When Gregg Scoresby launched CampusLogic in 2011, he quickly realized he was among only a handful of early disruptors building large-scale software companies in Arizona. Bret Larsen had a similar experience when he launched the health care delivery platform eVisit in 2014.
The Arizona Commerce Authority has selected 10 winners in the 2021 Arizona Innovation Challenge. The winners will now go on to grow their businesses in the Venture Ready Accelerator
LawLytics, an Arizona software company that helps lawyers build their own websites, has been acquired by the Smokeball-LEAP-InfoTrack Group, an international collection of tech companies serving lawyers.
The Arizona Commerce Authority has narrowed down the finalists for its 2021 Arizona Innovation Challenge.
Mesa-based eVisit has raised $14 million to further its rapid expansion as it expands its reach in the telehealth industry.
As the world continues to shake off the Covid-19 pandemic and its economic impacts, venture capitalist dealmakers have been busy funding deals like never before.
The madness has concluded, at least for now, after 22 entrepreneurs pitched their companies at Venture Madness 2021 on Thursday and judges selected winners in five categories.
A $45 million round of funding led by Goldman Sachs will help Mesa-based health company eVisit build out its virtual care platform.
For decades Arizona was defined by agriculture, but as the economy developed and diversified, the Grand Canyon State has grown into a blooming technology hub that has gone into overdrive since the Great Recession.
The Arizona Commerce Authority named 26 semifinalists for the 2021 Arizona Innovation Challenge on Wednesday after fielding 110 applications this year.
Arizona’s biggest and longest running pitch contest for startups is set for Oct. 7 and this year’s event is shaping up to be one of the most anticipated yet.
Arizona has a few more companies than last year on the latest Inc. 5000 list of the fastest-growing private companies in the nation, and one Valley tech company made the top 10 nationwide
Venture Madness, the longest running pitch contest for entrepreneurs in Arizona, has named the 25 finalist companies that will present at this year’s Phoenix event in October.
Applications are open for Arizona Commerce Authority’s 2021 Arizona Innovation Challenge.
Virtuous Software, a Phoenix-based startup that makes a customer relationship management platform for nonprofits, announced on Wednesday that it raised $18 million in series B funding.
Seed Spot, a Phoenix-based startup incubator, is seeking applicants looking to scale their companies in this year’s Impact Accelerator program.
The Phoenix startup community is hustling to gain national prominence and it continues to attract funding dollars to bring their dreams to life. See who’s raising below.
Last week, the Arizona State Legislature voted in favor of extending the Small Business Capital Investment Incentive, a program commonly called the angel tax credit that’s designed to encourage investment into startups by giving a tax break to the people writing checks.
2020
Virtuous, a Phoenix nonprofit fundraising software platform, announced Friday it has acquired RaiseDonors, a Dallas-based company in the same space as it looks to spread its footprint and service offerings.
Scottsdale-based venture capital firm Canal Partners is looking to diversify its portfolio and invest in a broader range of startups in Arizona and southern California.
Banner Health has introduced new technology to allow virtual patient visits in Covid-19 units of all 28 of its hospitals and is in the process of launching the same technology in its emergency rooms.
After years of corporate suitors reaching out to acquire Chandler-based fraud prevention startup Emailage Corp., it has closed a deal with LexisNexis Risk Solutions’ parent company for a reported $500 million in cash.
When Todd Davis, co-founder and former CEO of LifeLock, kept hearing from colleagues about a new health care IT company, he reached out to its founder, Cindy Jordan.
A new Phoenix-based investment fund was unveiled Wednesday, with an initial $25 million investment to help grow Arizona-based technology startups
Schola Inc., a Phoenix-based ed-tech startup that helps parents research and enroll children in schools, has raised $875,000 to enhance its software-as-a-service offering and expand its marketing reach.
After 11 years of building software for startups, SerpicoDev is changing its name to the Founders Workshop.
The Greater Phoenix Economic Council has selected four local software-as-a-service companies to help grow their business globally, using the United Kingdom as a starting point into Europe
2019
Mesa-based telehealth software startup eVisit Inc. raised $5.3 million to expand its remote patient monitoring platform.
Allbound Inc., a Scottsdale-based partner relationship management software provider, has raised $2 million to enhance its customer software, expand into Europe and almost double the company’s headcount.
After working in education for more than 10 years, Jaime Martinez has seen how students excel differently depending on the type of school they’re attending.
PayGround co-founder and CEO Drew Mercer is a new entrepreneur looking to learn from other local startups.
Virtuous Software Inc. has raised $3 million in fresh capital to help more nonprofits raise money.
Allbound Inc. has a new CEO who took a 50 percent pay cut to take the job.
Invest Southwest and the Arizona Commerce Authority have announced the 34 finalists selected to pitch for five $10,000 cash prizes at the 2019 Venture Madness conference
Canal Partners has been named as the most active venture capital firm in Arizona, according to software maker CB Insights.
Several execs run companies in the Valley but don’t live here. Here’s a quick look at three of those frequent flyers, and why they commute.
2018
Allbound Inc. closed a $3.6 million Series A round while the Phoenix-based sales and marketing software company is searching for a new CEO.
The Arizona Commerce Authority has chosen 10 local startups, including seven software companies, as winners in its Fall 2018 round of the revamped Arizona Innovation Challenge
The Arizona Commerce Authority has chosen the 20 finalists in its revamped biannual Arizona Innovation Challenge business plan competition, with more than half in the IT-software sector.
Another 25 companies have been named as Arizona Innovation Challenge semifinalists in the bi-annual contest that looks to help fund promising startups.
Two Scottsdale tech leaders are opening a 12,000-square-foot co-working space to try to attract more tech startups to the area.
Entering a pitch contest can take a lot of effort from a startup that might be taken away from other projects. The decision, when money is tight, can be a tough one.
PK Fields has some words of caution for entrepreneurs looking to score a prize or investment out of the plethora of pitch contests that have sprung up in the Phoenix area as the startup scene begins to flourish.
Post.Bid.Ship’s new CEO has big plans for the Scottsdale software startup, from triple-digit revenue growth, to more than doubling staff, to acquiring complementary, synergistic companies.
Eighteen Arizona startups raised more than $160 million in the second quarter of 2018, according to several venture capital reports released this week.
EVisit founder and CEO Bret Larsen got an early start as an entrepreneur, selling vegetables from his mother’s garden when he was just 5 years old.
After graduating from Galvanize’s full-stack web development program, Dashon “DJ” Hawkins needed a place to work on his tech startup.
Software startup Post.Bid.Ship Inc. is closing a $2.1 million in funding this month.
Persosa co-founder CEO Kirk Morales knows his startup needs all the help it can get, especially when that help is free from local company founders who have been in similar situations.
One of the new entrepreneurial pitch contests that sprung up in the wake of the booming Phoenix startup community is going to be revamped
Arizona Founders Fund’s decision not to invest in either of the Street Pitch contest winners has become the source of much conversation in the Valley’s startup community
After two years of the Phoenix-based Street Pitch competitions, neither of its winning startups received their $50,000 investment.
EY has announced the finalists for its 2018 Entrepreneur Of The Year Awards in the Mountain Desert region, recognizing entrepreneurs who excel in innovation, financial performance and personal commitment to their business and communities.
Arizona companies — at least the top-flight ones — are not lacking when it comes to finding investors.During our roundtable with angel and venture capital investors, we asked participants what was their biggest recent success. Here’s what they had to say.
Arizona and the Valley have an ongoing challenge with venture capital — the problem is there’s still a lack of it. What’s missing, at least now, are more people who want to fund innovative startups flourishing around the Valley.
The 25 largest 2017 venture capital deals in Arizona, as reported by Pitchbook Data, https://pitchbook.com.
2017
The Phoenix technology sector continued to grow during 2017, with a number of big acquisitions and companies getting funding, along with one big initial public offering.
The Phoenix technology sector continued to grow during 2017, with a number of big acquisitions and companies getting funding, along with one big initial public offering.
Allbound Inc. has hired a veteran tech executive as its new CEO, and raised another $1 million in its seed round.
Allbound Inc. has hired a veteran tech executive as its new CEO, and raised another $1 million in its seed round.
San Francisco-based Javelin Venture Partners has not invested in any Arizona companies, but its managing director said the firm wants to.
A dozen local technology leaders have joined forces as part of the Arizona Founders Fund to invest in the next generation of local technology companies.
A dozen local technology leaders have joined forces as part of the Arizona Founders Fund to invest in the next generation of local technology companies.
With $6.5 million invested since its inception three years ago, Scottsdale’s Tallwave Capital has been named Arizona’s most active venture capital firm for the second year in a row.
eVisit, an innovative telehealth software company, announced today that James Windrow has been added to the company’s executive team as vice president of marketing.
Mesa-based telehealth software startup eVisit Inc. has closed on $2 million to close out its $4 million seed round.
Mesa-based telehealth software startup eVisit Inc. has closed on $2 million to close out its $4 million seed round.
Multiple tech companies have chosen downtown Phoenix as a place to either start up or expand their operations in Phoenix.
A Mesa-based software-as-a-service startup for auto repair service shops has raised $1.7 million in a seed round.
A Mesa-based software-as-a-service startup for auto repair service shops has raised $1.7 million in a seed round.
eVisit, an innovative telehealth software company, announced that Jerrod Kuerth has been named chief experience officer.
Clean Router, a Mesa-based software startup that blocks pornography and other inappropriate internet content, beat out 64 early-stage companies to win the fourth annual Venture Madness business competition March 10 in Scottsdale.
Phoenix Galvanize is now open in the Warehouse District of downtown.
Phoenix-based tech startup Allbound is gearing up for its second annual ping pong tournament for friendly competition between local software-as-a-service companies.
OYE Business Intelligence won Phoenix Startup Week’s inaugural Street Pitch startup competition Wednesday, beating out nine other startups for the $50,000 investment from the Arizona Founders Fund.
2016
Many technology and local companies are helping out in the community this holiday season. Here’s a roundup of the good deeds happening in the Valley.
One or more of the top 16 finalists of the 2017 Venture Madness business competition will share from a pool of $300,000 in investment dollars.
Arizona saw $22 million in venture capital this quarter, a 226 percent increase in dollars invested compared to last year’s third quarter, according to the recent MoneyTree Report from PricewaterhouseCoopers LLP.
Shark Tank star, entrepreneur and investor Robert Herjavec warned a Phoenix crowd Thursday that if they’re not comfortable with change, they probably shouldn’t be here.
Arizona had a healthy showing on a new list highlighting the best entrepreneurial companies in the U.S
Arizona companies did not capitalize much in the third quarter, according to data from Dow Jones VentureSource.
Integrate Inc., a cloud marketing software and media services provider, is relocating its headquarters from Scottsdale to downtown Phoenix.
Twelve Arizona company finalists – from Taser and CampusLogic, to Co+Hoots and EpiFinder – have been named in the 20th annual Spirit of Enterprise Awards as local businesses who have helped vault the state forward in job creation and growth.