eMoneyPool (EMP), a digital microfinance provider that helps the underserved access capital through their social networks, recently raised an undisclosed amount of capital from Accion’s Venture Lab, a $10 million initiative dedicated to providing seed capital and management to disruptive and established early-stage startups with demonstrated revenue traction. The Accion U.S. Network is the largest … Read more
From co-working spaces and incubators to educational institutions and former founders, startups have been popping up each week and has been one of our major coverage points for AZTB. It’s been awesome to meet so many great founders and follow their growth. Here are just some of the startups the team has covered-if I listed … Read more
HiringSolved the only global social recruiting tool that delivers candidates across all skill sets and industries announced the completion of a $1 million raise from a group of Arizona-based business leaders and angel investors. The raise will be used to continue development of HiringSolved’s proprietary SaaS-based platform, make additional engineering-side hires and expand the company’s … Read more
Contatta, a visionary and new CRM company co-founded by Pat Sullivan, founder and former CEO of ACT! and SalesLogix, announced today the completion of a $3.25 million financing round led by Grayhawk Capital Venture Fund II and Kickstart Seed Fund II. According to Contatta, all of their current board members reinvested in this round, including Grayhawk … Read more
Arizona State University has announced that the startups in the Skysong Innovations portfolio have raised more than $1 billion in external funding. This is a major accomplishment for Skysong Innovations, which is the entity that gets ASU research out into the world. “A billion dollars of investments is an incredible milestone that signals enormous accomplishment, … Read more
The University of Arizona has been invited to participate in Destination Startup, an annual startup showcase held in Colorado designed to highlight some of the best companies in the Intermountain West. The showcase brings together several of the leading research universities and federal laboratories across the Intermountain West region. Standout startups from these institutions will … Read more
You no longer need to move to Silicon Valley to have a successful career in tech. Arizona’s tech ecosystem is growing fast. Arizona tech startups are announcing raises, major semiconductor and EV companies are expanding here and local capital is increasing. Arizona’s tech sector even continued its rapid growth during the pandemic, ranking eighth in … Read more
Gusto, a cloud-based HR management software, just announced plans to acquire Arizona-based tax-software company Symmetry. This is the $3.8 billion fintech startup’s second acquisition this summer. The deal, which is expected to close later this month, is meant to allow Gusto to build out its existing small business-focused software. Symmetry is used by employers including … Read more
Social Leverage, a Scottsdale-based venture capital firm, raised $99 million for its fourth venture fund. The VC group, made up of managing partners Howard Lindzon, Gary Benitt and Tom Peterson, are looking to invest in early-stage SaaS, fintech and consumer startups. Peterson told the Phoenix Business Journal that the partners look for companies on the … Read more
Trainual, a SaaS platform designed to help growing businesses standardize policies and processes, has closed a $27 million Series B round, bringing the company’s total funding to $33.75 million. The round was led by Altos Ventures, a major venture capital firm based out of Menlo Park, Calif. Trainual founder and CEO Chris Ronzio said in … Read more