The 4 Unicorns Founded in Arizona [Updated 2023]

Updated:

May 18, 2023

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Have you ever wondered which private companies in Arizona have the highest valuations?

You’re not alone.

There are lots of unicorn companies there, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 4 Arizona unicorn startups, from highest to lowest valuation.

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The 4 Unicorns in Arizona

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2,658 Accelerators & Incubators

Information about the industries, stages and countries they generally invest in.

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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Nextiva is a leading business communications company that helps organizations simplify and enhance their customer relationships.

Details of the startup:

Valuation: $2.70B (September 2021)
Started in: 2008
Founders: Tomas Gorny, Tracy Conrad
Industries: Enterprise Software, SaaS, Unified Communications, Video Conferencing, VoIP
Number of employees: 1,000-5,000
Funding: $207.50M
Funding rounds: 1
Number of investors: 1

You can find their website here.

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On Deck is where top talent comes to accelerate their ideas and build companies, surrounded by a world-class community.

Paradox is an AI company that helps companies capture and screen candidates, improve conversions, and answer all candidate questions.

Details of the startup:

Valuation: $1.50B (December 2021)
Started in: 2016
Founders: Aaron Matos, Olivia Matos
Industries: Artificial Intelligence, Human Resources, Information Technology, Machine Learning
Number of employees: 250-500
Funding: $253.46M
Funding rounds: 4
Number of investors: 13

You can find their website here.

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Source is a developer and manufacturer of solar-powered devices that extract drinkable water from the environment.

Details of the startup:

Valuation: $1.16B (April 2022)
Started in: 2014
Founders: Cody Friesen
Industries: Environmental Engineering, Manufacturing, Renewable Energy, Water, Water Purification
Number of employees: 101-250
Funding: $364.41M
Funding rounds: 9
Number of investors: 15

You can find their website here.

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Lessen is an online platform for managing properties and maintenance services.

Details of the startup:

You can find their website here.

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