Billion-Dollar Companies in the Valley of the Sun

Discover homegrown success stories making waves across the nation and beyond

Started and Scaled in Phoenix

GoDaddy

Valuation: 11.51B

YEAR FOUNDED: 1997

Web hosting and domain registration services

Carvana

Valuation: $8.67B

YEAR FOUNDED: 2012

Online used car retailer with a unique car vending machine concept

Paradox.ai

Valuation: $1B

YEAR FOUNDED: 2016

AI-powered recruiting and HR automation solutions

HomeLight

Valuation: $1.6B

YEAR FOUNDED: 2012

AI-powered real estate transaction platform

Nikola Motors

Valuation: $1.01B

YEAR FOUNDED: 2015

Zero-emission hydrogen and electric vehicle manufacturer

Source

Valuation: $--B

YEAR FOUNDED: 2014

Renewable drinking water technology innovator

Nextiva

Valuation: $2.7B

YEAR FOUNDED: 2006

Cloud-based business communications solutions provider

WebPT

Valuation: $--B

YEAR FOUNDED: 2008

Cloud-based EMR software for physical therapy practices

Spotted a unicorn not on this list?

This list is meant to be built together! If we missed a unicorn in Arizona that you think should be on the list, send it over to us via email and we’ll get it added.

becky@phxfwd.org

Join the community

Let’s make Phoenix the next top software city

PHX FWD supports ambitious company builders on the road to becoming category leaders. We’re committed to delivering the education and resources software companies need to take serious moonshots.