Arizona’s venture capital ecosystem has quietly emerged as a key player in fueling innovation and entrepreneurial growth in the U.S. While Silicon Valley and New York City often dominate discussions about venture capital, Arizona's VC firms are making substantial investments in tech, healthcare, and a variety of emerging industries. With Phoenix and Tucson becoming attractive hubs for startups, these firms are supporting entrepreneurs who are developing disruptive technologies and scaling their businesses. In this article, we’ll explore some of the most active VC firms based in Arizona, highlighting their leadership, investments, and portfolio companies that are shaping the future of their industries.

Bay Wharf Capital

• 🏦 HQ: Phoenix, Arizona, USA

• 🔢 Number of Investments: 50-100

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Immersed, gameSense, Envel

Brookstone Venture Capital

• 🏦 HQ: Scottsdale, Arizona, USA

• 👨‍💻👩‍💻 Leadership: Todd Belfer

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: CallRail, Firepoint, Wing

Grayhawk Capital

• 🏦 HQ: Scottsdale, Arizona, USA

• 👨‍💻👩‍💻 Leadership: Brian N. Burns, Brian S. Smith, Sherman Chu

• 🔢 Number of Investments: 10-50

• 💸 AUM: $200 Million

• 💰️ Number of Exits: 10-50

• 👜 Notable Portfolio companies: Alianza, BlueCedar, Folloze

Pangaea Ventures

• 🏦 HQ: Phoenix, Arizona, USA

• 👨‍💻👩‍💻 Leadership: Chris Erickson, Andrew Haughian, Purnesh Seegopaul

• 🔢 Number of Investments: 50-100

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Airborne, Calysta, Hinalea

PHX Ventures

• 🏦 HQ: Phoenix, Arizona, USA

• 👨‍💻👩‍💻 Leadership: Gregg Scoresby

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Botco.ai, Equipifi, eVisit

Research Corporation Technologies

• 🏦 HQ: Tucson, Arizona, USA

• 👨‍💻👩‍💻 Leadership: Avi Roop

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Pheon Therapeutics, Q'Apel Medical, Biolog

Singularity Capital

• 🏦 HQ: Tucson, Arizona, USA

• 👨‍💻👩‍💻 Leadership: G.S. Jaggi, Sudeep Mishra

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: Bacon, MOZAIQ, Dili.ai

Social Leverage

• 🏦 HQ: Scottsdale, Arizona, USA

• 👨‍💻👩‍💻 Leadership: Howard Lindzon, Tom Peterson, Gary Benitt

• 🔢 Number of Investments: 100-150

• 💰️ Number of Exits: 10-50

• 👜 Notable Portfolio companies: 6MV, CoFound Partners, Sheva

UA Venture Capital

• 🏦 HQ: Tucson, Arizona, USA

• 👨‍💻👩‍💻 Leadership: Fletcher McCusker, Michael Deitch, Dave DiCosola

• 🔢 Number of Investments: 10-50

• 💰️ Number of Exits: 1-10

• 👜 Notable Portfolio companies: iCRx, Regulonix, CarboShield

As Arizona continues to grow its reputation as a vibrant hub for venture capital, these firms are driving innovation across various sectors, from cutting-edge tech to healthcare solutions. The state’s unique blend of entrepreneurial spirit, university-led innovation, and access to talent has created fertile ground for these VC firms to thrive. Whether it's Social Leverage’s broad portfolio or Grayhawk Capital’s strategic investments, each of these firms plays a pivotal role in supporting the next generation of high-growth startups. As the region’s startup ecosystem matures, Arizona is poised to become an even more prominent player in the national venture capital landscape.