Fundraising platform Virtuous closes $18M Series B raise to support major growth and hire locally

Virtuous, a fundraising platform for nonprofits, has closed an $18 million Series B raise, which will be used to further support the company’s goal to hire locally and expand the team nationally.  The money will also help support the company’s fast growth trajectory and improve product offerings. The raise was led by Fulcrum Equity Partners, … Read more

22 of Arizona’s major tech developments in May

Arizona saw some big tech developments in May, from expansion, acquisitions and life-saving partnerships to raising millions for local and regional startups. Another possible TSMC expansion in Arizona Taiwan Semiconductor Manufacturing Co., the world’s largest chipmaker, may expand even more in Arizona. Reuters reported in early May that sources familiar with TSMC’s expansion plans said … Read more

Invest Southwest expands Venture Madness competition to companies nationwide

Venture Madness

The 2021 Venture Madness event, Arizona’s longest-running VC conference and pitch competition, is now open for applications through June 3. The difference this year? The event is open to companies across the U.S. “Business growth in Arizona has propelled the state to become one of the best places in the country to start a company,” … Read more

YellowBird closes seed round with more than $1.7 million in funding

Co-founders of YellowBird, a Phoenix-based gig economy marketplace YellowBird

YellowBird, a gig economy marketplace headquartered in Phoenix, has closed its seed capital raise with more than $1.7 million in funding. The YellowBird marketplace connects businesses with vetted Risk and Environmental, Health, and Safety (EHS) professionals on-demand for projects of any size. The professionals are vetted with a five-step process that includes background and accreditation … Read more

Raising capital in Arizona? Here’s a list of venture capital firms to consider

Over the past two years, Arizona startups have received more venture capital than ever before. According to ClearData, Arizona is still trailing the major U.S. startup hubs by a fairly wide margin. And yet, the tech startup industry here is growing fast. Arizona appeals to both local founders and founders originally based out-of-state, thanks to … Read more

How to land a meeting (or ten) with venture capitalists

What do all good business ideas have in common? That’s easy. They all need money, from thousands of dollars to even millions, to get off the ground.  Maybe you can fund your idea by yourself. Perhaps you can ask family and friends to invest in the beginning. You might even be able to find some … Read more

The most important slide in your fundraising pitch deck

Pitching to investors is intimidating at best, devastating at worst. Founders can spend hours building just the right presentation. But the reality is, potential investors really only need to see one thing. Veteran tech entrepreneur and investor Hamid Shojaee told April 2021 PHX Startup Week attendees that in order to be successful at fundraising, all you … Read more

Startup Aims to Save High School Clubs

How does the future of philanthropy relate to high school student clubs? With her company, Support My Club, Amy Armstrong has linked the two fulfilling activities. Support My Club is an organization with a pay-it-forward mindset. The organization connects after school clubs around the valley that are in need of funding with donors to help … Read more

Blosme Launches Contribute to the Cause-a donation platform for local communities

Scottsdale-based software and design firm Blosme has officially launched their latest project, Contribute to the Cause. Contribute to the Cause is “a donation platform open to all seeking funding for worthy causes and projects as well as those looking to give.” The application helps people and organizations seek funding through the creation of a profile … Read more