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The Startup Ecosystem of Phoenix

Phoenix has 769 startups in our sample database. This represents about 1% of The United States’s startups. Phoenix is the 18th best startup ecosystem in The United States.

CITY RANKING

In 2024, the startup scene of Phoenix shows much promise after advancing in the Global Ecosystem Index by 4 spots.

National Ranking

18th
0
In United States

Regional Ranking

21st
0
In North America

Global Ranking

46th
+
4
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Phoenix Top Startup Industries

Energy & Environment icon
Energy & Environment
#18 worldwide

9 startups

Hardware & IoT icon
Hardware & IoT
#31 worldwide

15 startups

Social & Leisure icon
Social & Leisure
#31 worldwide

23 startups

Ecosystem HealthCheck

Phoenix Ecosystem Health Check

The health check tables allow you to look at the performance Phoenix has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global46-16769
Energy & Environment18625
Hardware & IoT00.0000.0000.00
Social & Leisure00.0000.0000.00
Edtech00.0000.0000.00
Software & Data00.0000.0000.00
Marketing & Sales00.0000.0000.00
Healthtech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Phoenix

Download list
Parchment startup logo
Software & Data | Data Analytics
Unranked
Microchip Technology startup logo
Transportation | Automotive
Unranked
Oats Overnight startup logo
Ecommerce & Retail | Consumer Goods
Unranked
Edgio startup logo
Software & Data | Cloud
Unranked
CampusLogic startup logo
Fintech | Fintech-Other
Unranked
eVisit startup logo
Software & Data | SaaS
Unranked
Footprint startup logo
Hardware & IoT | Manufacturing
Unranked
Keap startup logo
Software & Data | Enterprise Technology
Unranked
Modrinth startup logo
Social & Leisure | Gaming
Unranked
Fullbay startup logo
Software & Data | Software
Unranked
Solera Health startup logo
Healthtech | Health Care
Unranked

Browse 758 more startups in Phoenix with the pro account.

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Startup Ecosystem Charts

Startup Funding in Phoenix2017 - 2024

Startup Funding in Phoenix 2017 - 2024

From 2022 to 2023, startup funding in Phoenix has increased by 100.93%. During this period, the number of deals in Phoenix has decreased by 34.03%. Since 2017, total startup funding in Phoenix exceeded US$ $7.53B.

Average Funding in 2023

$24.73M

Phoenix
United States
+204.56% YoY

Funding in 2023

$2.35B

Phoenix
United States
+100.93% YoY

Deals in 2023

95

Phoenix
United States
-34.03% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B04080120160

Ecosystem

The Startup Ecosystem in Phoenix

Our startup ecosystem map for Phoenix includes a sample of 769 tech companies. We have identified as unicorns 4 startups that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 1 pantheon member entity. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Phoenix is ranked within the top 50 startup ecosystems globally.

Top Industries

Phoenix’s startups excel particularly in Energy & Environment where it ranks 18 and in Hardware & IoT, and Social & Leisure. Find out more

Top Cities for Startups in United States - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
0
1st
0
710.966
00.00
00.00
00.00
2nd
0
2nd
0
251.377
00.00
00.00
00.00
3rd
0
4th
0
121.937
00.00
00.00
00.00
4th
0
5th
0
109.679
00.00
00.00
00.00
5th
0
12th
0
52.052
00.00
00.00
00.00
6th
0
15th
0
42.256
00.00
00.00
00.00
7th
+
1
17th
+
4
41.259
00.00
00.00
00.00
8th
-
1
19th
-
1
37.971
00.00
00.00
00.00
9th
0
24th
-
2
34.098
00.00
00.00
00.00
10th
0
25th
+
1
33.768
00.00
00.00
00.00
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Download CSV file
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Startups

Notable Startups in Phoenix
Parchment startup icon
Parchment
Microchip Technology startup icon
Microchip Technology
Oats Overnight startup icon
Oats Overnight

ECOSYSTEM

Why should you join Phoenix's Startup Ecosystem?

Overview

Within Phoenix there is an increased attraction for entrepreneurs to set up their startups in industries such as Energy & Environment, Hardware & IoT, Social & Leisure. These three industries represent about 6% of the startups represented on the Startup Ecosystem Map of Phoenix.

18th

National Rank

21st

Regional Rank

Overview

Phoenix is The United States' 18th best startup ecosystem and is ranked 21st in North America. With a population of 2M - 10M people, Phoenix is ranked 46th in the world. The city has some notable startup success stories including Parchment and its startup ecosystem infrastructure is strengthened by organizations such as GoDaddy and Regus - Arizona, Phoenix - Shea.

ECOSYSTEM
Startup Infrastructure in Phoenix
With a large variety of initiatives, Phoenix's startup ecosystem stands out from other cities in North America. Phoenix offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Phoenix's most prominent support initiatives:

BLOG

Recent Posts

Wed Apr 02 2025

Corporate Startup Activity Index 2025

For the first time ever, 372 corporations across 30 countries, 11 major industries, and 10 sub-industries have been ranked based on how actively they engage with startups. StartupBlink’s Corporate Startup Activity Index  is the world’s first benchmark for corporate startup engagement — powered by real data, global partnerships with top corporations, governments and data sources, […]

Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]

Thu Feb 20 2025

Learning from Bulgaria: Stakeholder Engagement in Startup Ecosystems

In this episode of the Startup Ecosystem Podcast, we’re traveling back in time by revisiting an old recording to explore the state of Bulgaria’s startup ecosystem in 2022. This episode features an interview by Eli David Rokah, CEO of StartupBlink, with Momchil Vassilev, the Managing Director of Endeavor Bulgaria, discussing how different stakeholders’ engagement in […]