Social Leverage raises $99 million for fourth venture fund

social leverage

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

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

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

Software sector leads in deal flow for angel groups

Today the Angel Resource Institute at Willamette University released the Q3 2015  HALO report and software companies are leading the charge for deal flow, with the healthcare sector realizing an increase in overall funding. For number of deals, California blows the country away with 21.1 percent, with the Great Lakes and New England region tying … Read more

$100,000 pot up for grabs at Venture Madness 2016 – applications open now

Video editing by Xavier Smith Following his win, Gregg Scoresby, CEO of CampusLogic exclaimed “I’m going to Disneyland!” All kidding aside, Scoresby did leave the stage with bragging rights as the Invest Southwest Venture Madness (VM) champion and cash to put back into his company. This Arizona-based event is where 64 early-stage startups battle, in a “March Madness” … Read more

Grayhawk Capital closes $70M Venture Fund II

Grayhawk, a southwest venture capital firm, announced the closing of its $70M Venture Fund II. Out of that fund, they have made four investments to date, all software related, and two out of four were from Arizona: Contatta $1.4M Series Seed Preferred and appsFreedom $2M Series A. Out of state investments include: Alianza (Utah) $2.5M … Read more

ASU Foundation awarded $1M venture capital fund for accelerator programs

The Maricopa County Industrial Development Authority (MCIDA) has awarded a $1 million grant to the ASU Foundation for A New American University to create a venture capital fund. The fund will be invested in companies that benefit from ASU-supported accelerator programs, helping them take the next step in their development with early-stage manufacturing startup support. … Read more

Pitch your company for a cash prize at TiE Arizona Rapid Fire Angel Pitch! Deadline ends tomorrow!

TiE AZ is now accepting entries for the annual Rapid Fire Angel Pitch event for 2013. This event gives entrepreneurs the chance to pitch their company in front of a panel and audience and a lucky winner will receive a cash prize. TiE Arizona strives to inspire, foster and support entrepreneurship in Arizona. The company also … Read more

Seed Spot Incubator Expands to 14,000 Square Feet

Last night, Seed Spot held an open house to show off their new office space on the southwest corner of Thomas Rd. and Central Ave. in downtown Phoenix. With 14,000 total square feet of developed space, Seed Spot takes up the entire 7th floor of the recently renovated building and is prepared for growth. Co-founders … Read more