Venture Capital

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PHX Ventures

PHX Ventures, the most active software investor in Arizona, runs three B2B-focused funds across pre-seed, early-stage, and growth equity from Phoenix.

PHX Ventures logo

PHX Ventures

PHX Ventures invests in B2B software startups across Arizona, offering capital, strategic support, and long-term partnerships for sustained growth.

General information

Firm type

Venture Capital

Year founded

2018

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Phoenix

Corporate office

Phoenix, AZ, United States

Principals

Gregg Scoresby

Chris Chumley

Jeff Kerr

Jackson Scoresby

Bennett Scoresby

Sector focus

Enterprise SoftwareB2B SoftwareAI/ML

Frequently asked questions

Who runs investment decisions at PHX Ventures?

The firm's website lists five principals: Gregg Scoresby, Chris Chumley, Jeff Kerr, Jackson Scoresby, and Bennett Scoresby. PHX Ventures does not publish individual titles or a formal investment committee structure. Gregg Scoresby is the first name listed and likely leads the investment team.

How does PHX Ventures structure its investment vehicles?

The firm operates three distinct funds. The Launch Fund invests $50,000 to $250,000 in pre-revenue companies in metro Phoenix. The Flagship Fund leads priced rounds between $1 million and $5 million in early-stage software companies across the Southwest. The Partners Fund acts as a limited partner in growth equity funds, providing later-stage market access for the firm and its portfolio founders.

What is PHX Ventures' geographic focus?

PHX Ventures concentrates its direct investing on Arizona and the broader Southwestern United States. The Launch Fund is explicitly limited to metro Phoenix, while the Flagship Fund targets the wider Southwest region. The Partners Fund, as a limited partner in other managers, has a national scope by extension.

Does PHX Ventures invest outside of B2B software?

No. The firm states that it invests exclusively in B2B software and AI companies. Its website describes this as the only sector it pursues, and its portfolio page confirms a focus on B2B software and AI startups.

How is the firm's operational support structured for portfolio companies?

PHX Ventures emphasizes operational support beyond capital, particularly for its earliest-stage companies. The Launch Fund helps pre-revenue founders build their first product and enter early revenue. Across all stages, the firm positions its team as former builders who assist founders in navigating product and market challenges.

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