AZ-VC
Company: AZ-VC
Description: AZ-VC was established to address a significant gap in the available capital sources for post-revenue companies that are seeking to advance beyond seed-level financing. Recognizing the challenges these companies face in obtaining local financing, AZ-VC aims to support businesses in Arizona that would typically rely on venture capitalists located in other regions, such as Silicon Valley, Salt Lake City, and Denver. Fundraising is inherently challenging, and for companies from out of town, the process can be even more daunting.
In 2020, this initiative gained momentum when InvisionAZ and its Chairman, Jack Selby, announced a commitment to spearhead the development of the largest venture capital fund in Arizona's history. With an initial investment of $25 million from Pinnacle West Capital Corporation, AZ-VC, which was formerly known as the InvisionAZ Fund, began to take tangible shape. This endeavor has been made possible through collaboration with leading figures in the Arizona community, representing a significant milestone that underscores the strength and potential of Arizona's burgeoning tech ecosystem. AZ-VC stands as a testament to the determination and vision of local stakeholders who are dedicated to fostering innovation and growth in the region.
Industry: Venture Capital and Private Equity
LinkedIn: https://www.linkedin.com/company/az-vc
Domain: http://www.azvc.com/
Founded: 2021
Location: Phoenix, AZ
Address: 2801 E Camelback Rd., Suite 200, Phoenix, AZ 85016, US
Size: 2-10 employees
Direct Contacts
Name: Avery Cannon
Title: Chief Financial Officer
Email: Direct Email
Company: AZ-VC
Industry: Venture Capital and Private Equity
Location: San Francisco, California
Name: Jason Pressman
Title: Managing Director at AZVC and Shasta Ventures
Email: Direct Email
Company: AZ-VC
LinkedIn: http://www.linkedin.com/in/jasonpressman
Industry: Venture Capital and Private Equity
Location: Portola Valley, California