The Economic Impact of the Market-Making Internet, a study released every four years by the Interactive Advertising Bureau (IAB), reported recently that the internet contributed $48 billion to the state’s GDP in 2020 and accounted for 135,900 jobs in Arizona. The growth in Arizona’s internet jobs has been remarkable, going from around 37,000 in 2012 to just under 136,000 in … [More]
How Big-Tech Barons Smash Innovation
Silicon Valley’s genius combined with limited corporate regulation promised a new age of technological innovation in which entrepreneurs would create companies that would, in turn, fuel unprecedented job growth. Yet, disruptive innovation has stagnated even as the five leading tech giants — which account for approximately 25% of the S&P 500’s market capitalization — are … [More]
Phoenix-Based Property Tech Co. Raises Additional $50M to Accelerate Growth
Stoa USA Inc., the company that launched the FlipOS platform for professional single-family home investors, announced it raised an additional $50 million equity round to finance expansion of its property technology. The funding from Zeev Ventures allows FlipOS to accelerate its mission to close the housing gap in the U.S. The team plans to partner with more real estate … [More]
Financial Literacy App Raises $5.2M to Launch Gamified Banking Platform for Kids and Teens
Serial entrepreneurs Scott Donnell and Travis Adams have raised a $5.2 million seed round led by Altrus Capital and a pool of private investors to launch the GravyStack financial literacy app. Key investors include Chad Willardson, Mark Timm, Gino Wickman, Jim Kwik, Kate Wells, Loral Langemeier, and David Meltzer. GravyStack will launch in mid-2022 with a … [More]
Waymo Seeking Testers for Downtown Phoenix Trusted Tester Program
Waymo is taking the next step in their multi-geo operations and launching the Waymo One Trusted Tester program in Downtown Phoenix. This marks the third area, in addition to the Phoenix East Valley and San Francisco, where we’ll be providing rides to members of the public with our autonomous ride-hailing service. A few refreshers on the Trusted Tester program and how it will … [More]
Local Mobility Tech Co to List on NASDAQ
Atlis Motor Vehicles (ATLIS), a mobility technology company, announced plans to submit an S-1 format Form 1-A and Nasdaq Global Market application in anticipation of a public listing on the stock market. The ticker symbol “AMV” has been reserved by ATLIS on Nasdaq. Upon public listing, anticipated to occur this summer, retail investors can trade shares of ATLIS on NASDAQ as … [More]
Growing Responsive Fundraising at Scale
We created Virtuous in 2014 to provide nonprofit organizations with a platform to grow generosity and build donor relationships through responsive fundraising. We’ve since become the fastest-growing nonprofit CRM and have been adding more tools to the platform to support the entire giving experience, whether that’s with a donor or a volunteer. Most giving is driven by a … [More]
Business Owners Can Reap the Many Rewards of Automating Payables
The accounts payable (AP) process can look very different depending on the size and nature of an organization. Especially if a business is experiencing growth, is in the middle of a busy season, or working to close out annual reporting, the thought “There must be an easier way to do this” has probably been discussed. Or an organization may be preparing a budget and business … [More]
Beyond Cyberattacks: Ransomware Readiness and Recovery
There were seven people seated around the table: the CEO, the VP, the CFO, the Special Agent from the FBI, the owner, the forensics technician and the company’s CISO (Chief Information Security Officer). “Don’t pay,” was the CEO’s vote. Same for the VP. “Pay it,” was the owner’s response. The CFO nodded in agreement. “Paying could be a violation of federal law,” … [More]
