PHX Ventures

What PHX Ventures does

PHX Ventures is a privately held venture capital firm headquartered in Tempe, Arizona, that invests exclusively in early-stage B2B software companies at the Seed and Series A stages. The firm operates two investment vehicles: the Flagship Fund, which leads priced equity rounds between $1M and $5M in high-growth B2B software companies, and the Partners Fund, which invests as a limited partner in top-tier software growth equity funds to provide portfolio founders with access to a broader investor network and software-market insights. As of the latest disclosures, PHX has built a portfolio of more than 30 named B2B software companies spanning verticals including fintech (equipifi), healthcare AI (Basata), physical security operations (Bearing), fleet maintenance (RTA), legal AI (ProPlaintiff.ai), edtech (Coursedog, CampusLogic, CircleIn), HR (Trainual, Nectar), nonprofit CRM (Virtuous), and identity infrastructure (Ory), among others.

The firm's go-to-market is community-driven rather than purely transactional. PHX runs the PHX Fast FWD community and accelerator program (phxfwd.org), which offers workshops, networking events, content, an in-house podcast ("Conversations with Ambitious PHX Founders"), and a structured accelerator cohort; ProPlaintiff.ai was the first publicly identified Fast FWD accelerator member in October 2025. Founder deal flow is sourced both directly through a website "Pitch Your Startup" intake and through the PHX FWD community funnel. The firm self-positions as "The Most Active Software Investors in Arizona" and frames its offering as "Connected Capital for Ambitious Founders," emphasizing operator-grade founder enablement by a team composed of former builders (Founder/Managing Partner Gregg Scoresby, Operating Partner Chris Chumley, Partner Jeff Kerr, plus VP Finance Jackson Scoresby and Associate Bennett Scoresby — three of whom share the Scoresby surname, indicating founder/family-controlled ownership).

PHX's revenue model is that of a traditional venture capital manager: it earns management fees on committed/ deployed fund capital and carries carried interest on realized portfolio gains, with no product pricing or subscription revenue disclosed. The firm is privately held with no parent company, no public ticker, and no SEC filing references in the source material. Its own technology footprint is limited to a Webflow marketing site and pitch intake form; the firm does not offer an API, SDK, or developer-facing integrations. Notable gaps in the disclosed record include PHX Ventures' own total AUM, fund vintage dates, LP composition, and any firm-level revenue or compensation data.

Name

PHX Ventures

Legal name

PHX Ventures

Website

https://phxventures.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

PHX Ventures is a Tempe, Arizona-based venture capital firm that leads $1M–$5M Seed and Series A rounds exclusively in early-stage B2B software companies, operating a Flagship Fund, a Partners Fund (LP vehicle), and the PHX Fast FWD community and accelerator serving more than 30 portfolio founders.

Ownership category

akta.pro rank

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Equity ownership and capital appreciation in portfolio companies: Primary economic model: PHX Ventures invests equity capital in early-stage B2B software companies and realizes returns through liquidity events such as acquisitions or IPOs. The Flagship Fund leads priced rounds between $1M-$5M.
2. Limited Partner (LP) commitments and fund management economics: PHX's Partners Fund invests as a limited partner in top-tier software growth equity funds, generating returns through fund-level economics including management fees and carried interest from these LP relationships.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

PHX Ventures is a venture capital firm that invests in early-stage B2B software companies through two vehicles: the Flagship Fund, which leads priced equity rounds between $1M and $5M in Seed and Series A software companies, and the Partners Fund, which invests as a limited partner in top-tier software growth equity funds. The firm supplements capital with a founder-enablement approach and a community/accelerator program called PHX Fast FWD.

Product overview

PHX Ventures is a B2B software-focused venture capital investor, not a single software product. Its offering is organized as a platform-plus-modules architecture spanning two investment vehicles plus a community program: the Flagship Fund, the Partners Fund, and the PHX Fast FWD community/accelerator. The Flagship Fund is the primary module and leads priced seed-to-Series A rounds of $1M-$5M in high-growth, early-stage B2B software companies. The Partners Fund sits alongside it as a limited-partnership vehicle investing in top-tier software growth equity funds, giving portfolio founders network access and market insight. The PHX Fast FWD community/accelerator wraps around both funds as an enablement module offering workshops, networking, content (workshop videos, podcast, best practices), and an accelerator program for software startups. Together, the two funds and the Fast FWD community constitute the firm's connected-capital offering for B2B software founders.

Differentiator

Problem solved

Functional benefit

Brands

• Flagship Fund: PHX Ventures' primary fund that leads priced rounds between $1M-$5M in high-growth, early-stage B2B software companies.
• Partners Fund
• PHX Fast FWD

Products and services

• Flagship Fund PHX Ventures' primary investment fund that leads priced equity rounds between $1M and $5M in high-growth, early-stage B2B software companies at the Seed and Series A stages, backing ambitious founders building transformational and enduring companies.
• Partners Fund PHX Ventures' fund that invests as a limited partner in top-tier software growth equity funds, giving portfolio founders access to a valuable investor network and critical insights into the broader software market.
• PHX Fast FWD (Community & Accelerator) PHX Ventures' community pillar for company builders, offering events (workshops and networking), content (workshop videos, podcast, best practices), and an accelerator program (PHX Fast FWD) that supports software startups such as ProPlaintiff.ai.

Quantifiable outcome

• Equipifi raised $34M Series B bringing total funding to $49M with 82M+ American consumers using flexible payment products on the platform
• +3 more outcomes

Named customers34 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Signal Peak Ventures: Salt Lake City-based early-stage VC focused on B2B software, with a similar regional/Southwest operating footprint to PHX Ventures and comparable Seed/Series A check sizes. Comparable as a like-sized specialist VC operating a Flagship-style direct fund plus LP relationships with growth funds.
• Rally Ventures: B2B software specialist Seed/Series A firm running a focused fund plus an LP program (Rally Cross). Operationally analogous to PHX's Flagship Fund + Partners Fund model, with a similar emphasis on operator-style founder enablement rather than purely financial capital.
• Costanoa Ventures: Early-stage B2B software-focused VC leading Seed and Series A rounds, with a thesis-driven approach and operator-heavy team. Comparable to PHX as a vertical-specialist fund with comparable check sizes and Founder Enablement positioning.
• Foundry Group: Long-standing B2B software Seed/Series A investor known for concentrated thematic portfolios and a multi-fund structure including LP-style vehicles. Comparable to PHX in vertical focus, fund-of-funds activity, and multi-vehicle platform design.
• Mercury Fund: Houston-based Seed/Series A VC focused on B2B software, including fintech and enterprise SaaS, with a multi-fund structure. Comparable to PHX in vertical focus, stage, and fund architecture including a flagship direct fund.
• Bonfire Ventures: B2B software-focused Seed/Series A firm with comparable check sizes and an operator-led, founder-enablement investment thesis. Closely matches PHX's positioning as a specialist fund differentiating on hands-on support rather than check size.

Regional players

• Tallwave Capital: Arizona-headquartered venture firm and venture studio investing in B2B software at Seed and Series A. Directly overlaps with PHX's Arizona-centric deal flow and Founder Enablement approach, making it the closest in-territory competitor for Arizona software founders.
• Kickstart Fund: Salt Lake City-based Seed/Series A investor with strong Southwest US roots and a community/accelerator-driven deal sourcing model. Comparable to PHX on geographic scope, community-led GTM, and early-stage B2B software focus.
• ATX Venture Partners: Texas/Southwest-focused early-stage VC investing in B2B software companies at Seed and Series A. Comparable to PHX as a regional specialist competing for similar founder profiles outside the coastal VC hubs.

Broad incumbents

• Emergence Capital: Established B2B SaaS specialist VC investing across Seed through growth stages, including participation via LP vehicles and direct funds. Comparable to PHX as a B2B-software-focused investor whose Partners Fund-style LP activity gives portfolio companies downstream capital access.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/phxventures
• Xx.com/phxventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments27 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PHX Ventures