Newsroom
The articles below link to The Phoenix Business Journal. Please note that you may need a subscription to view them in full.
2022
- August 10, 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.
- May 3, 2022
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.
- March 18, 2022
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.
- February 3, 2022
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.
- January 18, 2022
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
- December 20, 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.
- December 20, 2021
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.
- December 14, 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.
- December 6, 2021
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
- November 23, 2021
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.
- November 16, 2021
The Arizona Commerce Authority has narrowed down the finalists for its 2021 Arizona Innovation Challenge.
- October 20, 2021
Mesa-based eVisit has raised $14 million to further its rapid expansion as it expands its reach in the telehealth industry.
- October 13, 2021
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.
- October 8, 2021
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.
- September 21, 2021
A $45 million round of funding led by Goldman Sachs will help Mesa-based health company eVisit build out its virtual care platform.
- September 15, 2021
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.
- September 7, 2021
The Arizona Commerce Authority named 26 semifinalists for the 2021 Arizona Innovation Challenge on Wednesday after fielding 110 applications this year.
- September 7, 2021
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.
- August 18, 2021
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
- August 5, 2021
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.
- July 26, 2021
Applications are open for Arizona Commerce Authority’s 2021 Arizona Innovation Challenge.
- July 14, 2021
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.
- July 12, 2021
Seed Spot, a Phoenix-based startup incubator, is seeking applicants looking to scale their companies in this year’s Impact Accelerator program.
- July 8, 2021
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.
- July 6, 2021
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
- December 11, 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.
- November 27, 2020
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.
- June 3, 2020
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.
- March 25, 2020
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.
- February 20, 2020
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.
- January 29, 2020
A new Phoenix-based investment fund was unveiled Wednesday, with an initial $25 million investment to help grow Arizona-based technology startups
- January 6, 2020
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.
- January 3, 2020
After 11 years of building software for startups, SerpicoDev is changing its name to the Founders Workshop.
- January 2, 2020
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
- December 24, 2019
Mesa-based telehealth software startup eVisit Inc. raised $5.3 million to expand its remote patient monitoring platform.
- November 21, 2019
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.
- October 25, 2019
Family priorities turn some Valley C-suite leaders into mega-commuters
- August 29, 2019
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.
- June 4, 2019
PayGround co-founder and CEO Drew Mercer is a new entrepreneur looking to learn from other local startups.
- April 26, 2019
Virtuous Software Inc. has raised $3 million in fresh capital to help more nonprofits raise money.
- April 4, 2019
Allbound Inc. has a new CEO who took a 50 percent pay cut to take the job.
- February 19, 2019
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
- February 4, 2019
Canal Partners has been named as the most active venture capital firm in Arizona, according to software maker CB Insights.
- October 25, 2018
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
- December 28, 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.
- December 20, 2018
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
- December 10, 2018
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.
- October 30, 2018
Another 25 companies have been named as Arizona Innovation Challenge semifinalists in the bi-annual contest that looks to help fund promising startups.
- August 28, 2018
Two Scottsdale tech leaders are opening a 12,000-square-foot co-working space to try to attract more tech startups to the area.
- August 10, 2018
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.
- August 10, 2018
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.
- July 11, 2018
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.
- July 11, 2018
Eighteen Arizona startups raised more than $160 million in the second quarter of 2018, according to several venture capital reports released this week.
- June 29, 2018
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.
- June 18, 2018
After graduating from Galvanize’s full-stack web development program, Dashon “DJ” Hawkins needed a place to work on his tech startup.
- June 14, 2018
Software startup Post.Bid.Ship Inc. is closing a $2.1 million in funding this month.
- June 11, 2018
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.
- June 8, 2018
One of the new entrepreneurial pitch contests that sprung up in the wake of the booming Phoenix startup community is going to be revamped
- June 8, 2018
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
- June 5, 2018
After two years of the Phoenix-based Street Pitch competitions, neither of its winning startups received their $50,000 investment.
- May 22, 2018
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.
- March 18, 2018
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.
- March 16, 2018
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.
- March 16, 2018
The 25 largest 2017 venture capital deals in Arizona, as reported by Pitchbook Data, https://pitchbook.com.
2017
- December 20, 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.
- December 20, 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.
- November 16, 2017
Allbound Inc. has hired a veteran tech executive as its new CEO, and raised another $1 million in its seed round.
- November 16, 2017
Allbound Inc. has hired a veteran tech executive as its new CEO, and raised another $1 million in its seed round.
- November 10, 2017
San Francisco-based Javelin Venture Partners has not invested in any Arizona companies, but its managing director said the firm wants to.
- August 25, 2017
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.
- August 25, 2017
How long have you worked with startups: 10-plus years
- August 25, 2017
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.
- June 5, 2017
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.
- June 1, 2017
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.
- June 1, 2017
Mesa-based telehealth software startup eVisit Inc. has closed on $2 million to close out its $4 million seed round.
- June 1, 2017
Mesa-based telehealth software startup eVisit Inc. has closed on $2 million to close out its $4 million seed round.
- April 14, 2017
Multiple tech companies have chosen downtown Phoenix as a place to either start up or expand their operations in Phoenix.
- April 11, 2017
A Mesa-based software-as-a-service startup for auto repair service shops has raised $1.7 million in a seed round.
- April 11, 2017
A Mesa-based software-as-a-service startup for auto repair service shops has raised $1.7 million in a seed round.
- April 3, 2017
eVisit, an innovative telehealth software company, announced that Jerrod Kuerth has been named chief experience officer.
- March 11, 2017
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.
- March 7, 2017
Phoenix Galvanize is now open in the Warehouse District of downtown.
- February 27, 2017
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.
- February 23, 2017
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
- December 28, 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.
- December 21, 2016
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.
- November 7, 2016
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.
- November 3, 2016
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.
- October 27, 2016
Arizona had a healthy showing on a new list highlighting the best entrepreneurial companies in the U.S
- October 20, 2016
Arizona companies did not capitalize much in the third quarter, according to data from Dow Jones VentureSource.
- October 17, 2016
Integrate Inc., a cloud marketing software and media services provider, is relocating its headquarters from Scottsdale to downtown Phoenix.
- September 30, 2016
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.