Phoenix
Metro area · United States · Pop. 4.8M · #39 city by EV
Largest rounds
Largest funding rounds in Phoenix
A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into Phoenix-headquartered companies, grouped by Dealroom sector.
Largest rounds in Phoenix - 2026
VC investment
How much venture capital flows into Phoenix
VC investment into Phoenix-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage. Live from the Dealroom Next Gen API.
Location comparison
How Phoenix stacks up
Compare Phoenix with peers from the same country (United States) — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top cities in United States ranked by combined EV. Phoenix's row is highlighted (#12).
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Bay Area | $20T | 8.0× | 841 | $156B | 24.7K |
| 2 | Seattle | $2.9T | 4.5× | 68 | $6.6B | 2,951 |
| 3 | Austin | $2T | 14.0× | 58 | $8.1B | 2,499 |
| 4 | New York City | $1.7T | 5.1× | 321 | $32.8B | 16.6K |
| 5 | Boston | $1.2T | 4.6× | 209 | $13.3B | 6,217 |
| 6 | Los Angeles | $1.2T | 5.7× | 151 | $16.3B | 8,475 |
| 7 | Miami | $672B | 13.0× | 39 | $2.6B | 2,754 |
| 8 | San Diego | $332B | 5.1× | 64 | $3.3B | 2,239 |
| 9 | Chicago | $269B | 3.8× | 51 | $2.1B | 2,936 |
| 10 | Washington DC | $264B | 3.3× | 54 | $3.5B | 2,323 |
| 11 | Dallas | $198B | 3.8× | 32 | $1.5B | 1,876 |
| 12 | Phoenix | $136B | 5.2× | 16 | $456.7M | 1,062 |
Premium analytics
What we don't show on this page (yet)
Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Phoenix dataset — or see a sample on the Dealroom app.
More data
Explore Dealroom data →Get the full Phoenix ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.