Brookstone Partners is a private equity firm founded in 2003 and based in New York that seeks to invest in North American companies across sectors such as business-to-business, consumer services, healthcare, and manufacturing and industrials, pursuing buyouts and growth opportunities. The firm operates a venture capital affiliate, Brookstone Venture Capital, which targets early‑stage B2B software and internet technology companies and provides strategic guidance and governance, including board participation, to help portfolio firms scale in markets such as Phoenix, San Diego, Denver and Atlanta. Through its activity across private equity and venture investments, Brookstone Partners manages funds and partnerships to support portfolio growth and exits.

PHX Ventures is a venture capital firm founded in 2018 and based in Tempe, Arizona. The firm focuses on seed-stage investments in B2B software companies and operates a venture studio to build software-as-a-service businesses.

In Revenue Capital is a Scottsdale, Arizona-based venture capital firm founded in 2023 that targets early-stage B2B vertical SaaS and AI startups. It operates with a fundless-sponsor approach, identifying opportunities through deal syndication and providing capital alongside a hands-on value-add program called Operator Immersive to support portfolio companies. The firm combines go-to-market expertise with capital to help founders grow and succeed in competitive markets.

Moonshots Capital is a venture capital firm based in Austin, Texas, founded in 2017. It focuses on seed and early-stage technology startups with moonshot potential, investing in areas such as dual-use technologies, fintech, consumer internet, artificial intelligence, and cybersecurity. The firm emphasizes a disciplined investment process to identify founders pursuing large, growing markets and products with the potential to redefine their sectors. Moonshots Capital operates as a registered investment adviser, aligning its practices with investor interests and maintaining a rigorous, research-driven approach to opportunity evaluation. The firm backs teams seeking ambitious, scalable solutions that can transform work and everyday life.

AZ Venture Capital is a Phoenix-based venture capital investment firm that backs early-stage technology startups and funds across enterprise software, consumer technology, climate-tech, and bio/health tech. It invests in pre-seed through Series B rounds and concentrates on Arizona startups, including medical devices, diagnostics, therapeutics, software, and green tech, with a focus on founders from traditionally underserved communities and on expanding access to equity and entrepreneurship in the state.

Grayhawk Capital is a Scottsdale, Arizona-based venture capital and private equity firm that makes direct investments in early and growth-stage technology and healthcare companies across the United States. It focuses on software as a service, cloud and enterprise software, cybersecurity, fintech, business intelligence, health tech, and related information technology sectors, backing experienced management teams and scalable products. The firm typically takes minority stakes and participates in syndicates, with investment sizes commonly ranging from $1 million to $15 million (first rounds around $1–$2 million) and portfolio companies typically generating several million dollars in annual revenue. Investments are held for several years, with exits pursued through strategic sales or initial public offerings, among other paths. Grayhawk emphasizes a disciplined approach and seeks companies with sustainable growth in the US technology and healthcare markets, with a regional emphasis on the Southwest.

Research Corporation Technologies is a technology investment and management company founded in 1987 and based in Tucson, Arizona. It focuses on fostering innovation in biotechnology and medical devices by supporting university-originated inventions worldwide. It oversees more than $500 million in assets and invests through RCT Ventures, licenses breakthrough technologies, and develops life science tools to partner with entrepreneurs and translate inventions into commercial products. The company supports new company formation, patent protection, and marketing assistance, and participates in initiatives such as MedTech Innovator and the BARDA Accelerator Network. Its investments span therapeutics, diagnostics, and medical devices.

Norwest is a venture capital and growth equity investment firm that focuses on venture and growth-stage companies. Since its inception, it has invested in more than 600 companies and partnered with over 140 active companies across its venture and growth equity portfolio. The firm backs early to late-stage companies across sectors with a focus on consumer, enterprise, and healthcare, and it provides a deep network of connections, operating experience, and a broad range of services to help CEOs and founders scale their businesses.

Pivotal Group is an investment firm based in Phoenix, Arizona, focusing on real estate and related private equity opportunities, with activity in venture capital and real estate development across multiple asset classes. The firm engages in private equity and real estate investments, including middle-market and growth opportunities, platform acquisitions, and partnerships with management teams. Its real estate work covers residential projects, commercial developments, master planned communities, luxury hotels and spas, and office buildings, complemented by investments in sectors such as telecommunications, technology, media, healthcare, and financial services, primarily in the United States and Canada.

Ribbit Capital is a Palo Alto-based venture capital firm founded in 2012 that invests in financial services and fintech companies worldwide. It backs startups building infrastructure, platforms, or tools to transform how financial services are delivered, accessed, or experienced, with activity in lending, payments, insurance, banking, and digital assets. The firm also invests in information technology, mobile, and insurance technology sectors as part of its broad fintech focus, supporting early- to growth-stage companies that aim to disrupt financial services.

MRTNZ Ventures is an investment firm founded in 2014 and based in Paradise Valley, Arizona, described as a family office that pursues early- and seed-stage investments.

Illuminated Funds Group is a venture capital investment firm headquartered in Cave Creek, Arizona. Founded in 2006, the firm makes minority investments across seed, early, and later-stage companies. In addition, it offers business advisory services aimed at creating both financial returns and positive social impact.

Trinity Capital Investment is a private equity and venture capital firm based in Phoenix, Arizona, with an additional office in Prescott. It specializes in venture debt, lease financing, growth capital, and select buyouts for venture-backed start-ups and growth companies. The firm provides debt capital to the portfolio companies of top-tier venture capital, private equity, family office, angel investors and technology lenders, with a focus on the technology sector and cash-generating assets across the United States, including a strong presence in California Bay Area. Typical investments range from two million to twenty million dollars, supported by more than 150 million dollars of investable capital. It structures financings as senior and subordinated debt, asset-backed term debt, equipment financing and lease arrangements, as well as refinancings, often seeking little or no equity ownership and customized covenants. The firm also manages SBIC funds and emphasizes partnerships with syndicate co-investors. Founded in 2007, Trinity Capital targets a broad spectrum of software, cloud computing, healthcare, energy, manufacturing, telecommunications and related sectors through flexible capital solutions.

DFE Capital Management is the direct investing arm of DF Enterprises. Based in Phoenix, Arizona, and founded in 2019, the firm pursues opportunistic investments by partnering with high-quality growth and later-stage private companies across B2B, advanced manufacturing, industrial, and technology sectors. It targets businesses ready to disrupt growing addressable markets and emphasizes strong management teams and an aligned investor base.

DVI Equity Partners is a venture capital firm founded in 2018 and based in the Southwest United States. It focuses on micro-cap and early-stage technology investments, often serving as first institutional money in Series A rounds. The target sectors include information technology, big data, cybersecurity, artificial intelligence, machine learning, and fintech. While there is a geographic preference for the Southwest (California, Arizona, New Mexico, Texas, Nevada, Colorado, Utah), fit and growth potential drive opportunities beyond location. The firm emphasizes strategic value and support to help portfolio companies scale, rather than capital alone.

Biltmore Ventures is an early-stage venture capital firm founded in 2006 and based in Phoenix, Arizona. It targets companies with an integral internet component, including sectors such as social networks and decentralized distribution.

DWP Capital is a venture capital firm founded in 2016 and based in Scottsdale, Arizona. It backs early-stage software companies, with a focus on vertical software, artificial intelligence and machine learning, B2B, HR technology, health technology, and tech-enabled services.

Alliance Healthcare Partners is a Scottsdale, Arizona-based venture capital firm founded in 2012 that concentrates on investing in innovative technology and service companies within the healthcare sector, drawing on a background as serial entrepreneurs and drivers of business development in healthcare to leverage its industry expertise to support companies that seek to transform care delivery, improve transparency, and increase efficiency through cutting-edge technologies and new business models.

UAVenture Capital, LLC is a venture capital firm founded in 2017 and located in Tucson, Arizona. The firm focuses on early-stage and growth capital investments specifically in companies connected to the University of Arizona. UAVenture Capital aims to finance the commercialization of innovations developed by faculty members, students, and colleagues affiliated with the university, which is recognized as a leading research institution. The firm primarily invests in the science and technology sectors, supporting ventures that leverage academic research to create impactful products and services.

Menagerie Investments and Holdings is a Chandler, Arizona-based venture capital firm that makes seed and early-stage investments in startups.

Exit Capital is a venture capital firm founded in 2021 and based in Phoenix, Arizona. It concentrates on early-stage technology companies, providing funding and support to startups as they develop and scale.

Sustainable Conversion Ventures is a venture capital firm founded in 2013, based in Arizona, that invests in technology, renewable fuels, and chemicals companies.

GTMfund is a venture capital firm founded in 2020 and based in Scottsdale, Arizona, that focuses on early-stage investments in B2B SaaS companies. The firm leverages a large network of go-to-market professionals—hundreds of revenue leaders and GTM executives—to conduct due diligence and provide strategic support. It offers portfolio companies hands-on GTM resources, including revenue playbooks, talent sourcing, and distribution assistance, to accelerate growth from product development through scale. GTMfund maintains an active portfolio of more than 120 companies and engages with founders through ongoing operational support, backed by strong collaboration with other venture firms. It also runs GTMnow, a media site delivering insights, interviews, and news related to scaling and investing in technology businesses.

True North Venture Partners is a venture capital firm that funds early- and late-stage companies in cleantech and sustainability sectors, including energy, water, agriculture, waste, and low-carbon infrastructure. The firm often acts as a first investor and provides capital plus strategic guidance to help portfolio companies scale disruptive innovations such as advanced fuels, chemicals, and waste-harvesting solutions. With a presence in Chicago, Illinois, and Phoenix, Arizona, it sources opportunities across North America. Investment sizes vary, and the firm can participate in rounds from seed to growth, reflecting a flexible approach to support companies capitalized for scale.

Idealabx is a venture capital firm based in Paradise Valley, Arizona. Founded in 1996, it backs early-stage startups in energy, artificial intelligence, mobility, and advanced manufacturing.

Social Leverage is a Scottsdale, Arizona-based venture capital firm founded in 2009 that funds early-stage technology startups across the United States. It provides seed-stage capital together with strategic guidance and operational support across areas such as hiring, market access, fundraising preparation, and growth. The firm seeks companies with scalable business models and differentiated technology that improve user experiences, and it emphasizes active collaboration and long-term partnerships with portfolio companies. Typical initial investments range from $100,000 to $500,000, and its activity covers web-based startups across sectors including fintech, enterprise software as a service, data-driven platforms, media, and consumer technology. The approach combines hands-on involvement with founders to support product development, go-to-market execution, and strategic hiring.

PerformanceEdge Partners is a venture capital firm founded in 2008 and based in Scottsdale, Arizona. It funds small businesses.

Pangaea Ventures is a Vancouver-based venture capital firm focused on hard technology, materials science, chemistry and biology, with a mission to drive industrial transformation and positive global impact. It invests across the company lifecycle from incubation and seed to growth, often taking significant minority stakes and seeking board representation, and it positions itself as a lead investor while co-investing when appropriate. The firm funds companies in energy, electronics, health and environmental materials, emphasizing clean energy, energy storage, decarbonization and sustainability. It operates globally with investments in North America, Europe and select markets, and it supports founders with strategic connections and an impact framework aligned with the UN Sustainable Development Goals. Founded in 2000 and based in Canada, it maintains offices in Vancouver and additional locations in Phoenix and Hillsborough to support its scalable, long-term approach. In addition to capital, Pangaea provides governance, industry expertise and an ecosystem to accelerate commercialization and deliver returns while improving planetary health.

Agility Ventures is the corporate venture capital arm of Agility Public Warehousing Company, based in Prescott, Arizona. The organization engages in venture investments across multiple technology-driven sectors, including business products and services, consumer products and services, financial services, information technology, big data, blockchain, cryptocurrency, artificial intelligence and machine learning, and other technology-based sectors in the United States.

Cicada Capital is a venture capital investment firm based in Scottsdale, Arizona, specializing in seed-stage investments and debt financing.

Frazier VC is a Utah-based venture capital firm focused on seed and Series A investments in B2B software, AI-first applications, and vertical software across the Mountain West. The firm primarily supports Utah startups and invests with activity across Colorado, Idaho, Arizona and Nevada, backing founders building mission-critical platforms that enable digital transformation. It seeks capital-efficient companies with proven traction and scalable product-market fit, and provides operator-led support from former CEOs and engineers along with deep local ecosystem connections developed over decades. With a lean, transparent approach, the firm partners with early-stage software companies to accelerate growth and help them scale from regional innovators to category leaders in their markets.

Roundsquare Ventures is a venture capital firm founded in 2015 and based in Scottsdale, Arizona. It focuses on early-stage investments, providing capital to innovative startups to support product development and market entry, typically up to one million dollars.

RevTek Capital is a Phoenix-based lender established in 2021 that specializes in tailored credit solutions for technology and other high-growth recurring-revenue companies. The firm provides alternative investment products to high-net-worth individuals, family offices, financial advisors, and institutions seeking attractive, uncorrelated returns. For portfolio companies, RevTek offers flexible, founder-friendly debt capital designed to maximize enterprise value while minimizing dilution, typically through facilities of 3 to 30 million for growth initiatives, acquisitions, or refinancing. It targets established growth businesses with at least 5 million in annual recurring revenue or 1.5 million in EBITDA. The founders' entrepreneurial background informs solutions that align RevTek's success with borrowers' outcomes. Since inception, the firm has extended over 100 million in credit and, for larger investments, collaborates with co-investors who manage significant assets.

Sonoran Founders Fund is an early-stage venture capital firm based in Scottsdale, Arizona. Founded in 2020, it invests in seed-stage startups across SaaS, marketplaces, artificial intelligence, fintech, Ed-tech, and healthcare information technology sectors.

Xcellerant Ventures is a venture capital firm based in Scottsdale, Arizona that invests in early-stage healthtech and medtech companies. The firm focuses on backing disruptive firms in the health technology space to promote healthcare innovation, increase access to care, lower costs per patient, and improve treatment quality. Through its investments, Xcellerant Ventures seeks to support technologies and business models that advance affordable, high-quality care across the healthcare system.

Crossover VC is a Phoenix-based venture capital firm founded in 2019 that backs the private technology sector by investing in pre-seed and seed funds as well as select early-stage direct opportunities. The firm focuses on small funds led by founders or operators of tech unicorns with established investing track records, enabling a direct line between operating experience and supporting today’s top technical founders in specific sectors or networks. In addition to backing funds, Crossover VC makes direct investments in top-performing companies from those funds, alongside leading Series A and B investors. The firm supports portfolio managers, founders, and limited partners through its deep operating and investing experience and a network of traditional and strategic LPs.

Beechtree Capital is a private investment firm focusing on venture capital and private equity investments. Founded in 1992 and based in New York and Scottsdale, it participates in mezzanine, emerging growth, and mature-stage opportunities, typically investing between $1 million and $10 million and often serving as a lead investor or working in syndicates. The firm engages across sectors such as energy, ecological, sports, entertainment, and medical, and provides advisory and investment services to entrepreneurs and established companies to realize growth and innovation in the U.S. and international markets. Beechtree Capital maintains activity in New York City, Scottsdale, Zurich, and Dubai and leverages relationships with family offices, venture firms, investment banks, and other professionals to finance strategic initiatives.

Flywheel Ventures is a venture capital firm based in Santa Fe, New Mexico, founded in 1999. It focuses on seed and early‑stage technology companies, including information technology, software, B2B products, and physical sciences, with a regional emphasis on the Southwest and Rockies (New Mexico, Colorado, Arizona) and a broader U.S. investment scope. The firm typically seeks to lead investments, take board seats, and support follow-on rounds, often partnering in syndicates with other investors. It targets companies across information technology services, software as a service, semiconductors, networking, optics, energy, water, and other technology sectors addressing global challenges. While primarily involved in early-stage funding, Flywheel also engages in growth-capital opportunities and maintains a presence in additional markets such as Albuquerque and San Francisco. The firm's approach combines strategic, hands-on support with capital to help portfolio companies scale and contribute to the development of a regional technology ecosystem.

Cancer Fund is a Phoenix, Arizona-based venture capital firm founded in 2018 that backs startups developing cancer therapies, diagnostics, prevention, and enabling technologies. The firm aims to advance innovations from research toward regulatory approvals, technical validation, or early market adoption, providing capital across stages from early rounds through Series D. Its strategy combines financial returns with patient impact, supporting ventures with potential to improve outcomes, broaden access to care, or reduce the cost of cancer care.

GlobalLink1 Capital is a Phoenix-based investment firm founded in 2015 that provides private equity, venture capital, strategic financing, private REIT services, and lending and leveraged investment solutions across commercial and residential real estate and other portfolios.

VRG Capital is a private equity investment firm based in Toronto, Canada. It focuses on financing and growing small and mid-sized companies across healthcare, financial services, information technology, logistics, insurance, and marketing or sales services, as well as other diversified sectors. The firm provides capital and management experience, pursuing minority and majority stakes through growth equity, buyouts, and strategic advisory services. It operates with a regional and international footprint, including offices in Toronto, Vancouver and Phoenix, and engages in providing capital for startups and expansions, acquisitions and mergers, while supporting portfolio companies with operational guidance.

Vye Ventures is a venture capital firm founded in 2021 and based in Scottsdale, Arizona. It pursues private investments in healthcare, biotechnology, climate and clean technology, and other deep tech sectors, including medical devices and hardware.

NGP Energy Capital Management is a Texas-based private equity firm founded in 1988 that concentrates on energy-related investments. It backs companies across oil and gas exploration, production, midstream, and oilfield services, as well as energy efficiency, renewable energy, and carbon management initiatives. The firm pursues opportunities across the investment spectrum, including early-stage growth, buyouts, and expansion financings, and targets businesses in the United States, Canada, and other North American markets, with a global footprint through offices in North America and Europe. It supports the energy transition by funding technologies and platforms that improve efficiency, reduce emissions, and enable sustainable growth in the energy sector.

DST Global is an investment firm that backs late-stage internet and technology companies, focusing on private markets and growth opportunities. It deploys capital through venture and private equity investments in established digital businesses, engages with founders and management to support development ahead of liquidity events, and performs due diligence to structure investments for institutional investors. The firm operates globally, funding opportunities across software, information technology, mobile, internet of things, e-commerce, and other internet economy sectors, and manages capital on behalf of institutional clients rather than retail investors. It maintains offices in Silicon Valley, New York, London, Beijing, and Hong Kong, and has a registered presence in the Cayman Islands.

Greycroft is a venture capital firm focused on technology startups and investments in the internet and mobile markets. With offices in New York and Los Angeles, it leverages a broad network in media and technology to help entrepreneurs gain visibility, build strategic relationships, bring products to market, and grow successful businesses. The firm has managed over $1 billion in assets and has made more than 200 investments across consumer internet, fintech, software, and related tech sectors, supporting both early and later-stage companies as they scale. Greycroft also pursues inclusive investment practices, including a diversity-focused term sheet rider.

G Squared is a Chicago-based venture capital firm founded in 2011 that provides growth-stage capital to technology companies and liquidity solutions through secondary transactions, employee tenders, and shareholder buyouts. The firm invests across software, consumer, fintech, and mobility sectors and supports portfolio companies throughout their lifecycle. By combining primary equity investments with liquidity strategies, G Squared aims to help companies extend growth while offering early investors and employees ongoing liquidity opportunities.

Revolution is a Washington, D.C.-based venture capital firm founded in 2005 by Steve Case that backs technology-enabled startups and growth-stage companies across the United States. The firm focuses on sectors such as consumer internet, media and entertainment, software and services, financial and health care, energy, and related information technology fields, often pursuing sizable investments and taking active roles in portfolio companies. Revolution operates through a family of funds and initiatives, including early-stage and growth vehicles, and emphasizes investing in startups outside traditional coastal hubs through programs like Rise of the Rest to spur regional innovation and scale. The firm supports entrepreneurs from inception through later stages, collaborating with regional ecosystem leaders and co-investors to help companies expand nationally.

SJF Ventures is a venture capital firm founded in 1999 and headquartered in Durham, North Carolina, with additional offices in New York, San Francisco, and Richmond, that focuses on growth-stage investments in the United States across sectors such as energy, mobility, circular economy, logistics, sustainable food, health and wellness technology, education technology, and related technology-enabled services. The firm targets resource efficiency and sustainability opportunities, often investing between $1 million and $10 million per portfolio company, and frequently leads or co-invests in growth rounds while seeking to partner with teams delivering rapid sales growth and profitability alongside measurable environmental and social impact. It pursues exits within roughly five years through strategic mergers, IPOs, or buyouts, takes board seats, and can deploy equity and sometimes debt with warrants. SJF emphasizes impact alongside financial return, prioritizing companies with market validation and scalable models in cleantech, energy efficiency, waste reduction, sustainable agriculture, and digital services, primarily within the United States.

Prelude Ventures is a San Francisco based venture capital firm that invests in early-stage startups focused on mitigating climate change and building category-defining businesses. The firm targets opportunities across built environment, carbon management, computing, energy, food and agriculture, manufacturing, industrials, mobility, and related sectors, supporting portfolio companies with capital and practical expertise to scale climate solutions.

Clearvision Ventures is a venture capital firm based in Menlo Park, California, founded in 2015. It invests in software companies operating in the Internet of Things, big data, and security, seeking category-leading businesses that can establish clear market dominance. The firm supports entrepreneurs through a range of growth stages and emphasizes long-term partnerships, responsible investing, and active portfolio involvement. Its focus includes technology-enabled solutions for infrastructure, data analytics, and cybersecurity, aiming to back companies with durable competitive advantages and potential to disrupt their sectors.