PHX Ventures
Description
PHX Ventures is an early-stage venture capital firm based in Phoenix, Arizona, specializing in investments within the B2B SaaS sector. Established with a focus on supporting companies that have achieved product-market fit and are poised for significant scaling, the firm aims to provide capital and strategic guidance to accelerate growth. They primarily target businesses that offer software solutions to other businesses, emphasizing scalable models and strong market potential.
The firm successfully closed its inaugural fund at $10 million, a significant milestone that underscores its commitment to fostering the B2B SaaS ecosystem. From this fund, PHX Ventures typically deploys initial investments ranging from $250,000 to $750,000. This strategic allocation allows them to support a diverse portfolio of promising startups while maintaining sufficient capital for potential follow-on rounds.
PHX Ventures' investment strategy is centered on identifying companies ready to transition from early traction to accelerated growth. They aim to invest in approximately 10 to 15 companies from their first fund, demonstrating a focused approach to portfolio construction. Their geographic base in Phoenix also positions them as a key player in the burgeoning Southwestern tech landscape, contributing to the region's entrepreneurial development. The firm's hands-on approach and sector-specific expertise make them a relevant partner for B2B SaaS founders seeking capital and operational support.
Investor Profile
PHX Ventures has backed more than 22 startups, with 3 new investments in the last 12 months alone. The firm has led 4 rounds, about 18% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, SaaS, Marketing.
- Typical check size: $250K – $750K.
Stage Focus
- Seed (45%)
- Series A (32%)
- Pre Seed (14%)
- Series B (9%)
Country Focus
- United States (100%)
Industry Focus
- Software
- Saas
- Marketing
- E-learning
- Financial Services
- Mobile Payments
- Internet
- Edtech
- Education
- Health Care
Frequently Asked Questions
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