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Tech funding by Industry Phoenix Q1 2018

  • Quarterly tech investment holds a strong start in the Phoenix  Metro area compared to 36 months ago, as capital continues to fund local innovation.  The  first quarter average funding rounded out to $15.0 million while the YTD came in at $196.1 million.

  • A majority of the capital was placed in software companies, specifically platforms to assist students requesting financial aid and medical device technology.

  • Approximately 50 percent of the companies that received funding are located in the Southeast Valley, with the other half split between Phoenix and Scottsdale further proving that the Phoenix Metro area is continuing its trek towards being a notable tech hub. 

Source: JLL Research

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