Investment Management - , ,
Within the Arizona venture capital ecosystem, there are many sources of angel/early-stage capital. These sources have funded a vibrant community of early-stage companies in diverse sectors. This is a great start, but a void exists in terms of capital sources for post-revenue companies looking to expand beyond seed- level financing. Without local financing options, these companies rely on venture capitalists outside of Arizona in places like Silicon Valley, Salt Lake City, Denver and elsewhere. Fundraising is always hard - it's even harder when you are from out-of-town.The invisionAZ Fund is stepping up to fill this void and creating the Arizona "mothership" investment fund to establish a local connection for investment communities. The fund will target proven, post- revenue local companies, cherry-pick the best and brightest, and help ensure that these companies grow, thrive and flourish in Arizona. An added benefit - keeping our top university talent local after graduation and committing them to our community long-term.
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