Investor Type | Firm |
Industries | BioTech • FinTech (& Financials services) • Hardware (& Manufacturing) • Medical Devices (& Hospital Services) • Real Estate (& Construction) • Healthcare (& Wellness) • Pharmaceutical (& Medicine) |
Stages | Seed, Series A, Series B |
Investing | United States |
Investment Range | $2,000,000 - $5,000,000 |
Investment Sweet Spot | $3,500,000 |
Assets Under Management | $110,000,000 |
AZ-VC is Arizona's largest venture capital fund, focusing on supporting the local technology ecosystem by investing in proven, post-revenue companies within the state. They operate with the objective of aiding these companies to grow, thrive, and flourish within the Arizona technological landscape. AZ-VC positions themselves as a historic fund, with an investment thesis centered on harnessing the networking power of Arizona's industry leaders to offer world-class resources to tech enterprises in diverse sectors. With a foundational $25 million commitment from Pinnacle West Capital Corporation and leadership from invisionAZ Chairman Jack Selby, a former PayPal executive, AZ-VC aims to end the 'funding desert' paradox and stimulate the local economy. The fund specializes in Seed, Series A, and Series B rounds of investment, with a sweet spot investment value of $3,500,000, and minimum and maximum investment ranges of $2,000,000 and $5,000,000 respectively. Their assets under management stand at $110,000,000. Structured to build long-term relationships with trustworthy founders and teams, AZ-VC not only commits capital but also guides toward success by actively engaging in the growth trajectories of its portfolio companies. AZ-VC's portfolio reflects a preference for a diverse array of tech-driven industries including BioTech, FinTech, and Financial Services, Hardware and Manufacturing, Medical Devices and Hospital Services, Real Estate and Construction, Healthcare and Wellness, and Pharmaceutical and Medicine. The fund's efforts are fortified by a robust advisory team and a multitude of partnerships, with a commitment to nurturing Arizona’s entrepreneurial community, driving innovation, and contributing to the next generation of tech success stories.