Top 10 VC Funds in Arizona

Arizona is a state with a lot of potential for innovation and entrepreneurship. With its warm weather, affordable real estate, and diverse population, it has attracted many entrepreneurs who are eager to create and grow their businesses. However, finding the right funding for a startup can be challenging, especially in a competitive and dynamic market. We have made a list of the top 10 VC funds in Arizona based on various categories. Here it is:

1. PHX Ventures

PHX Ventures, started by former software entrepreneurs, focuses on B2B software. Supported by investors, who are current or past software experts, the company truly understands the difficulties of starting successful software businesses. They specialize only in B2B software, knowing how to make these businesses grow steadily and have an actual impact on communities.

Website: phxventures.com

Founding Year: 2019

Investment Range: $50K - $500K

Stage: Seed

Sector: Technology, Software

Investment Geography: United States 

Notable Investments: Fluint, Pidgi, Polls Platform, Equipifi, Better Agency

Submit Pitch/ Contact: info@phxventures.com

2. Arizona Tech Investors

Arizona Tech Investors (ATI) specializes in identifying promising ventures led by strong management in expansive markets with innovative products. Their focus spans various domains, including software (SAAS, enterprise, Ed Tech, Med Tech), semiconductors, sensors, IoT, medical devices, diagnostics, and capital-efficient green tech. ATI not only provides capital but actively supports portfolio companies through advisory roles, strategic guidance, and resource referrals, ensuring a holistic approach to fostering growth and success.

Website: arizonatechinvestors.com

Founding Year: 2007

Investment Range: $250K - $1M

Stage: Seed, Early

Sector: Technology and Life Science startups, including software, SaaS, enterprise tech, education tech, medical devices, med-tech, the internet of things, diagnostics, semiconductors and sensors, and green technology 

Investment Geography: Arizona, United States

Notable Investments: Qwick, GT Medical Technologies, Botco.ai, Virtuous, YellowBird

Submit Pitch/ Contact: Link

3. Cave Creek Capital

Kevin Fechtmeyer started Cave Creek Capital in 2006. Led by Kevin's extensive industry experience, the CCCM team's passion fuels every collaboration with energy and insights. The seasoned advisory board, having overcome diverse business challenges, offers expertise to drive transformative change. With a focus on flexibility and patience, Cave Creek Capital stands out in an industry often marked by rigidity, serving as a unique solution where traditional Private Equity firms may fall short. Welcome to the next generation of Private Equity.

Website: cavecreekcapital.com

Founding Year: 2006

Investment Range: Undisclosed

Stage: Early, Seed, Series A

Sector: Healthcare, Technology, Business Services

Investment Geography: United States

Notable Investments: Integro, KeneXa, Sanitors, Entercom

Submit Pitch/ Contact: Link

4. Shot Ventures

Shot Ventures is a VC run by former tech executives who know how to invest in technology. They work with finance, legal, and M&A experts to help tech and finance connect. They have proven results in helping investors and founders succeed in the digital world. They are honest and trustworthy, and they can help you get funding and customers. Join Shot Ventures to grow your business and reach your goals.

Website: shotventures.com

Founding Year: 2017

Investment Range: Undisclosed

Stage: Seed - Series A+

Sector: Technology

Investment Geography: United States

Submit Pitch/ Contact: Link

5. Coplex

Coplex helps businesses and charities start new projects that match their vision. They work with a skilled team of people who know how to design, plan, and use technology. They have worked with clients such as Phoenix Children’s Hospital, Providence, and Carefirst Blue Cross Blue Shield, and helped them achieve their goals. Coplex’s work has been praised by many media sources, such as USA Today, Forbes, and Entrepreneur.

Website: coplex.com

Founding Year: 2000

Investment Range: $500K - $1.5M

Stage: Coplex invests in various stages, including Seed Round, Buyout/LBO, Later Stage VC (Series A), and Debt - PPP

Sector: Operates as a startup accelerator, focusing on helping clients start high-growth tech companies

Investment Geography: United States

Notable Investments: Insurmi, NurseIO, Quick, Steady Install, YellowBird, CardSeer

Submit Pitch/ Contact: Link

6. Accel

Accel Ventures is a popular venture capital firm known for its early-stage investments. Most of their investments are for the tech sector. They have a global reach with a diverse sector focus. They support startups all over the world. They provide valuable guidance in go-to-market strategies and business scaling. Altogether, it makes them a very favorable partner for startups.

Website: accel.com

Founding Year: 1983 

Investment Range: $500k - $100M

Stage: Early - Late

Sector: Consumer Technology

Investment Geography: Global

Notable Investments: Flipkart, Bumble, Etsy, Dropbox, Deliveroo, Slack

Submit Pitch/ Contact: info@accel.com

7. Social Leverage

Established in 2009, Social Leverage LLC is a key player in supporting and guiding emerging web businesses. With a robust track record of investing in 100+ early-stage web ventures, the partners bring extensive experience as founders and executives. Committed to fostering entrepreneurship, Social Leverage passionately assists in the development of great companies by providing capital, facilitating syndication, and offering strategic guidance.

Website: socialleverage.com

Founding Year: 2009

Investment Range: $1.5M - $250M

Stage: Early, Seed

Sector: Software, Consumer, and Fintech 

Investment Geography: United States

Notable Investments:  Life360, Kustomer, Robinhood, Gemini Sports Analytics, Frec, Equabli, beehiiv

Submit Pitch/ Contact: Link

8. Pangaea Ventures

Pangaea is a leading hardtech and impact investor. It backs startups employing advanced materials to address global challenges. Their extensive materials network, embracing diverse industries, boasts twenty-five major multinational partners. With a focus on creating impactful solutions, Pangaea pioneers investments that contribute to a better world through innovative hard tech products.

Website: pangaeaventures.com

Founding Year: 2000

Investment Range: Undisclosed

Stage: Seed, Early, Later

Sector:  Commercial Products, Consumer Durables, Energy Equipment, Semiconductors, Cleantech, Manufacturing, Nanotechnology

Investment Geography: Europe, North America

Notable Investments: Biodel AG, Compact Membrane Systems, Prime Roots, pH7, TruTag Technologies, Hazel Technologies, ESS4

Submit Pitch/ Contact: Link

9. Startup Tucson

Startup Tucson is dedicated to revitalizing the local economy through entrepreneurship and innovation. Focused on fostering a dynamic startup environment in Tucson, the organization actively engages with individuals and businesses in the region. By supporting aspiring entrepreneurs in the City of Tucson and nearby areas, Startup Tucson collaborates with passionate community members to drive initiatives like IdeaFunding and TENWEST Festival. These community-led efforts, fueled by volunteers and organizational partners, aim to make a positive impact on Southern Arizona's business landscape.

Website: startuptucson.com

Founding Year: 2012

Investment Range: $5,000 - $25,000

Stage: Early

Sector: Various (Creative, Food, Small Businesses)

Investment Geography: Southern Arizona

Submit Pitch/ Contact: Link

10. GrayHawk Capital Partners

Grayhawk Capital is a venture capital firm. It invests in promising early and growth stage companies. With a track record of managing 10 venture funds exceeding $525 million and a cumulative 80+ years of expertise, the partners guide investments from an $80 million fund. Focused on dynamic tech markets like mobile computing, cloud/SaaS, security, and more, Grayhawk seeks ventures led by serial entrepreneurs with disruptive products and exceptional management teams. Their consistent investment philosophy prioritizes innovation and growth in sectors such as healthcare IT and financial technology.

Website: grayhawk.vc

Founding Year: 1995

Investment Range: $80M Fund Size, AVG $9M

Stage: Early, Growth

Sector: Mobile Computing, Cloud/SaaS, Security, Enterprise & Application Software, Business Intelligence, Healthcare IT

Investment Geography: United States (Southwest) 

Notable Investments: AccountNow, Carefx, Coinstar, Efficient Networks, ESS, GolfNow, Lucid Software, MXLogic

Submit Pitch/ Contact: Link

Best of luck with your amazing ventures. 

Please note that this list is filtered by various metrics, and all the data are collected through various third-party websites, mostly the VC website. Since data such as ticket size or industry may change, you are requested to visit the official website given in the blog for the latest and updated information.