Greater Phoenix: A growing startup community
Greater Phoenix is home to a vibrant startup community that is agile and determined to build the economy and unify the community. Whether it’s a serial entrepreneur taking on their next challenge or a new disrupter to hit the scene, Greater Phoenix is innovating like never before.
The Phoenix startup community is organized around the #yesphx movement, providing entrepreneurs the resources and community needed to thrive.
Greater Phoenix has a competitive labor pool with educated, well-trained workers ready to make a difference.
Labor and operation costs are lower in Greater Phoenix, allowing startup funding to last longer and giving your startup more time to get off the ground.
With operating costs 36% lower than California and a growing technical labor force, Greater Phoenix is where companies go to scale.
$1.2B in venture capital funding went to companies based in Greater Phoenix from 2015-2020.
Greater Phoenix is home to more than 40 coworking spaces and accelerators.
Greater Phoenix’s large talent base and competitive labor costs make it the place for businesses to go to scale.
By offering a wide variety of coworking spaces and incubators, leaders are expanding their network in more ways than before. Whether you are an established company, or just getting your idea off the ground, these spaces can accommodate any sized business. No matter what part of Greater Phoenix you call home, there’s a shared space not far away.
Want to see a complete list of coworking spaces in Arizona? Download it here.
Amplify. Unify. Clarify.
The three basic principles of #yesphx. This group is a unifying banner for Arizona’s diverse startup ecosystem. This 100% community-owned group is committed to seeing this community thrive for generations to come. The #yesphx movement started as a concept and blossomed into a way of life and a startup culture of connectedness.
Learn more about #yesphx.
Greater Phoenix is taking a proactive approach to supporting local tech companies and helping them grow and expand. Once considered a region with limited investment dollars, things are changing. Not only are outside investors taking notice, local entrepreneurs are taking action and coming together to enhance our entrepreneurial ecosystem. Home grown Arizona Founders Fund brought together a dozen local entrepreneurs to invest in the local technology ecosystem. Having already invested in 5 startups, they are well on their way to reach their goal to invest in 20 startups in Q1 2019. Other local tech companies also received funding from other sources, including Emailage Corp, Clearvoice and Integrate Inc, receiving a $10M Series B round, a $4M Series A round funding and $8M Series D round funding respectively; showcasing that the region is committed to fostering innovation.
Startup companies in Greater Phoenix
- Bishop Fox
- CyMedica Orthopedics
- FATHOM Water Management
- GT Medical Technologies
- IMNA Solutions
- Integrate Inc.
- Integrated CBD
- JDA Software
- Local Motors
- NextNet Partners
- OncoMyx Therapeutics
- Orb Health
- Pure Chat
- Solera Health
- SOURCE Global
- Systems Imagination
- Zero Mass Water
Did you know?
Two Greater Phoenix cities, Scottsdale & Gilbert, ranked nationally in the top five best cities for remote work.
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