Locations

Tucson

Private financing in Tucson, aggregated from public sources.

$70.9M
Capital raised
10
Companies
30
Rounds
2009
First on record
2025-10-02
Latest round

Cooling Tucson drew $3.1M over the last 12 months, down 80% versus the prior 12 ($15.9M). Of 10 companies rankable against same-niche peers, 30% model over-valued and 60% under-valued.

Capital flow over time

Quarterly capital raised in Tucson.

2009-Q4 · $1.3M2009-Q42010-Q1 · $980K2010-Q4 · $350K2010-Q42011-Q3 · $1.0M2012-Q3 · $1.1M2012-Q32013-Q2 · $5.7M2014-Q1 · $165K2014-Q12014-Q3 · $305K2014-Q4 · $1.2M2014-Q42016-Q1 · $805K2016-Q3 · $7.0M2016-Q32017-Q3 · $285K2018-Q1 · $3.0M2018-Q12020-Q3 · $234K2021-Q1 · $1.5M2021-Q12021-Q4 · $20.1M2022-Q2 · $1.5M2022-Q22022-Q3 · $1.7M2023-Q2 · $1.0M2023-Q22023-Q3 · $982K2024-Q2 · $1.6M2024-Q22025-Q1 · $1.2M2025-Q2 · $14.7M2025-Q22025-Q4 · $3.1M
Sector mix
SectorCompaniesRoundsCapital
Other Health Care15$29.9M
Mining & Resources19$28.0M
Biotechnology18$5.4M
Other Technology23$3.5M
Telecommunications11$3.1M
Medical Devices13$819K
Software / Tech11$125K
Top-funded companies
CompanySectorRaisedModeled value
Usercare, Inc.Other Technology$3.4M$97.4M
Maui Imaging, Inc.Other Health Care$29.9M$51.0M
Osage ArkMo Surgical Services LLCMedical Devices$819K$8.6M
FreeFall 5G, Inc.Telecommunications$3.1M$8.2M
Araca, Inc.Other Technology$165K$7.0M
Salutaris Medical Devices IncBiotechnology$5.4M$6.4M
Western Alaska Minerals Corp.Mining & Resources$28.0M$4.6M
Billali Mine, LLCOther$1.8M$3.6M
Holisticly Technologies, Inc.Software / Tech$125K$1.7M
Dillinger Brewing Company, LLCRestaurants$250K$350K
Other locations
SAN FRANCISCO$186.4BNEW YORK$184.6BBOSTON$44.5BNew York$39.7BAUSTIN$29.3BCHICAGO$28.9BLOS ANGELES$27.7BCAMBRIDGE$24.7B

Browse all locations or the full company rankings.

Frequently asked
How much venture funding have companies in Tucson raised?
Companies based in Tucson have raised approximately $70.9M across 30 recorded financing rounds among 10 companies, aggregated from public sources.
Is startup funding in Tucson growing?
Tucson funding is currently cooling: capital raised over the last 12 months was down 80% versus the prior 12 months.
What sectors are most active in Tucson?
The most active sectors in Tucson by recorded financing are Other Health Care, Mining & Resources, Biotechnology, Other Technology. See the sector mix table for company and round counts.
Which are the most-funded companies in Tucson?
The most-funded Tucson companies in our coverage include Usercare, Inc., Maui Imaging, Inc., Osage ArkMo Surgical Services LLC, FreeFall 5G, Inc., Araca, Inc.. See the ranked table for disclosed capital and modeled valuations.