PHX Ventures

PHX Ventures is a seed-stage venture capital firm based in Tempe, Arizona, founded in 2018 by software entrepreneur Gregg Scoresby, also the founder of CampusLogic, to fill a structural gap in the Arizona software ecosystem: institutional-quality seed capital for high-growth local B2B SaaS companies. Operating Partner Chris Chumley, previously Chief Operating Officer at CampusLogic, complements Scoresby's operating background. PHX Ventures is Arizona's most active software investor, investing exclusively in B2B SaaS and leading or co-leading seed rounds of $1 million to $5 million. The firm's sweet-spot target is Arizona-based B2B SaaS companies with annual recurring revenue of $100,000 to $1 million that are on a credible path to institutional growth. PHX Ventures' oversubscribed Fund II closed at $25.4 million in 2023, backed by successful Arizona software entrepreneurs, executives, advisers, and principals from top-tier US growth-equity firms. The firm also operates a venture studio that builds SaaS companies in-house and has a goal of investing in 30 B2B software companies by 2030. As of 2025, PHX has made 16 or more investments with 12 Arizona-headquartered companies. Portfolio companies span enterprise applications, vertical SaaS, fintech, healthtech, and AI. Named portfolio companies include Rivia Health, Better Agency, Nurture Boss, RTA/Fleet360 (Series A in April 2025), and Fluint (most recent disclosed investment in August 2025). PHX Ventures combines founder-operator credibility with proximity to the Arizona tech ecosystem, bringing a practical understanding of software business-building rather than purely financial expertise. Its fund-plus-studio model gives it access to both market-sourced deals and proprietary company creation, expanding the pipeline relative to a traditional seed fund.