Coplex Ventures

Coplex Ventures is the venture capital arm of Coplex, a corporate startup studio founded in 2017 and headquartered in Phoenix, Arizona, with additional operations in Seattle, Denver, and Los Angeles. The studio develops and co-manages corporate innovation programs for enterprise and philanthropic organizations — combining dedicated teams of business designers, strategists, and technologists with clients' existing knowledge, customers, IP, and distribution assets. Corporate clients have included Phoenix Children's Hospital, Providence, ChristianaCare, Carefirst Blue Cross Blue Shield, and Emerson. Across its lifetime, the Coplex model has been involved in launching more than 300 technology companies with an aggregate value of $4.5 billion. The ventures fund itself deploys checks of $100,000 to $2 million at pre-seed through Series A stages, across a focused portfolio of nine direct investments spanning healthtech, fintech, human resources technology, and SaaS. Coplex leads rounds in its core portfolio. Notable exits include Pluto TV, acquired by ViacomCBS for $340 million in January 2019, and Qwick, acquired in November 2021. Other portfolio companies include YellowBird in the environmental health and safety marketplace and Nurseio in nursing staffing. Coplex's Lean Process approach rapidly de-risks new business models before they require significant capital, a methodology born from years of corporate innovation work. This operational bias toward validated business models — rather than pre-revenue concepts — informs both the studio's client engagements and the ventures fund's investment criteria.