Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
The Arizona Founders Fund (AzFF) was established in 2016 as Arizona's first dedicated seed fund, focusing on technology startups within the state. The fund aims to support local entrepreneurs by providing essential capital and access to a network of experienced founders who can offer guidance throughout the startup journey. AzFF is based in Arizona and has made significant strides in fostering a thriving entrepreneurial ecosystem.
Currently, the fund manages a portfolio of 10 companies and operates with a check size range of $50,000 to $400,000. The fund's commitment to nurturing innovation and collaboration among Arizona-based entrepreneurs has positioned it as a key player in the local startup scene. Notable milestones include its establishment as the first seed fund in the state and its focus on building sustainable enterprises.
Arizona Founders Fund primarily invests in seed stage technology startups located in Arizona. The fund emphasizes community and collaboration, aiming to build sustainable enterprises by providing financial resources and access to a network of experienced founders who can offer guidance throughout the startup journey. The sectors of interest include SaaS, healthcare, and commerce.
Investment checks typically range from $50,000 to $400,000, allowing the fund to support a variety of startups at their early stages. The fund's investment strategy is centered on leveraging the expertise of successful local entrepreneurs to provide both capital and mentorship, ensuring that portfolio companies have the resources needed to navigate challenges and accelerate growth.
Arizona Founders Fund has invested in a diverse range of technology startups, with notable portfolio companies including:
Romi Dhillon - Founder & Managing Director. Romi has a background in early-stage SaaS growth and has been involved in the Salt Lake Valley tech ecosystem. He brings extensive experience in venture investment management to the fund.
Startups interested in pitching to Arizona Founders Fund should reach out through their website. It is advisable to include a comprehensive deck that outlines the business model, market opportunity, and team background. The fund is open to meeting with founders directly, and response times may vary based on the volume of inquiries.
As of early 2020, Arizona Founders Fund had completed five investments in Arizona SaaS companies, although specific names were not disclosed. The fund continues to focus on building Arizona's tech ecosystem from within, leveraging the networks of successful local entrepreneurs.
What are the investment criteria for Arizona Founders Fund?
Arizona Founders Fund invests in seed stage technology startups based in Arizona, focusing on sectors such as SaaS, healthcare, and commerce. The fund typically writes checks ranging from $50,000 to $400,000.
How can startups apply or pitch to the fund?
Startups seeking investment from Arizona Founders Fund can reach out through their website. They are open to meeting with Arizona-based technology startups looking for seed stage financing.
What makes Arizona Founders Fund different from other investors?
Arizona Founders Fund is the first dedicated seed fund in Arizona, emphasizing community and collaboration among local entrepreneurs. The fund leverages a network of experienced founders to provide mentorship and guidance, enhancing the chances of success for portfolio companies.
What is the geographic scope of the fund?
The fund exclusively invests in technology startups located in Arizona, focusing on building a strong local entrepreneurial ecosystem.
What is the post-investment involvement like?
Arizona Founders Fund provides not only financial investment but also access to a network of experienced founders who offer mentorship and guidance to help startups navigate challenges and accelerate their growth.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.