About Phoenix Capital Ventures
Phoenix Capital Ventures is a venture capital firm founded in 2016. It is primarily based out of Atlanta, United States. As of Nov 2025, Phoenix Capital Ventures is an active investor, having invested in 25 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Consumer. Most recently it participated in the $***** Series A round of BetHog Overall, Phoenix Capital Ventures portfolio has seen 1 IPO and 4 acquisitions including key companies like SpaceX, PrizePicks and Nextiles. A lot of funds co-invest with Phoenix Capital Ventures, with names like Drive by DraftKings sharing a substantial percentage of its portfolio. Phoenix Capital Ventures has team of 5 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Acquisitions
Phoenix Capital Ventures' List of Top Investments
Phoenix Capital Ventures has a portfolio of 25 companies. Their most notable investments are in Prevent Biometrics and Tallysight.Their portfolio spans across United States, Canada, India and 3 more locations. They have invested in High Tech, Enterprise Applications, Consumer and 15 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Phoenix Capital Ventures:
1. SpaceX
Provider of advanced aerospace and space transportation services. It delivers advanced launch services using reusable rocket systems designed to transport crew and cargo for missions to orbit, the Moon, Mars, and deep space exploration. It also develops and operates large-scale satellite networks that provide high-speed, low-latency internet connectivity across the globe, including remote and underserved regions. It supports human spaceflight programs aimed at expanding long-duration space exploration and increasing access to space for both commercial and governmental missions.
Key facts about SpaceX
- Founded Year: 2002
- Location: Hawthorne (United States)
- Stage: Public
- Total Funding till date: $11.9B
- Employee Count: 20,133 as on Jun 30, 2026
- Investors: TrueBridge, equitywestsecurities.com and 264 Others
- Latest Funding Round: Series J, Mar 17, 2026, $*****
- Highlight: Public
2. Akasa Air
Provider of passenger airlines and aviation services. It offers a wide range of services include Cabin Baggage, In-Flight Experience, Web Check-In and Customer Support. It is helmed by a highly professional and experienced leadership team whose sights are set on the Sky while having their ears to the ground.
Key facts about Akasa Air
- Founded Year: 2020
- Location: Mumbai (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $188M
- Employee Count: 5,314 as on Apr 30, 2026
- Investors: Premji Invest, PAR Capital Management and 38 Others
- Latest Funding Round: PE, Aug 2025, $*****
- Highlight: Editors' Pick
3. PrizePicks
Provider of online platform for fantasy sports. It offers multiple fantasy games such as football,ufc,baseball and others. It help users to choose preferred players and predict their match status to win rewards.
Key facts about PrizePicks
- Founded Year: 2007
- Location: Atlanta (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $850K
- Employee Count: 683 as on Jun 30, 2026
- Investors: MML Ventures, The Players' Impact and 22 Others
- Latest Funding Round: Seed, Dec 01, 2021, $*****
- Highlight: Acquired
4. Harvest
Provider of time tracking and invoicing software for businesses. This software facilitates efficient time tracking across projects, enabling the generation of detailed reports and automated invoices. The platform integrates with various project management and accounting tools, streamlining workflows and improving financial management. Features include project setup, time tracking via desktop and mobile apps, invoice creation, and client payment processing. The software also offers budget monitoring and expense tracking capabilities.
Key facts about Harvest
- Founded Year: 2006
- Location: New York City (United States)
- Stage: Funding Raised
- Employee Count: 515 as on Jun 30, 2026
- Investors: Angelneers, Siparex and 1 Other
5. Pluria
Provider of managed flexible workspaces. The company's platform offers and lists predefined perks to employees working remotely via various working spaces. It helps businesses to directly promote remote working and increase productivity and employee flexibility.
Key facts about Pluria
- Founded Year: 2020
- Location: Bucharest (Romania)
- Stage: Seed
- Total Funding till date: $4M
- Employee Count: 11 - 50 as on Jul 01, 2024
- Investors: Eleven, Crescendo Ventures and 3 Others
- Latest Funding Round: Seed, May 12, 2026, $*****
Phoenix Capital Ventures' Year-on-Year Investment Trends
Phoenix Capital Ventures has invested in 25 companies over the last 5 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 3 investments. Its most recent first time investment was in BetHog.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 3 | 0 | 3 |
2024 | 3 | 0 | 3 |
2023 | 4 | 0 | 4 |
2022 | 5 | 0 | 5 |
2021 | 2 | 0 | 2 |
Phoenix Capital Ventures' Investments by Stage
Phoenix Capital Ventures has made 13 investments in Seed stage with an average round size of $3.22M, 3 investments in Series A stage with an average round size of $30.2M and 1 investment in Series B stage with an average round size of $5M.Stage of entry | No. of Investments |
|---|---|
Seed | 13 |
Series A | 3 |
Series B | 1 |
Note: We have considered here, only first round of investments
Phoenix Capital Ventures' Investments by Sector
Phoenix Capital Ventures has a diverse portfolio, with companies operating in the Consumer, High Tech, Enterprise Applications, Media & Entertainment and Blockchain - Industry Applications. Notably, it has invested in 18 Tech companies, 15 Consumer (B2C) companies, 9 Enterprise (B2B) companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 10 |
High Tech | 4 |
Enterprise Applications | 3 |
Media & Entertainment | 3 |
Blockchain - Industry Applications | 2 |
Others | 17 |
Note: We have considered here, only first round of investments
Phoenix Capital Ventures' Investments by Geography
Phoenix Capital Ventures has made most investments in United States (11), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 11 |
Canada | 2 |
India | 2 |
Cyprus | 1 |
Romania | 1 |
Note: We have considered here, only first round of investments
Phoenix Capital Ventures' recent investments
Phoenix Capital Ventures has not made any investment in 2026 so far.Here are the most recent investments by Phoenix Capital Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 24, 2025 | Cyprus | Series A | 8801 | [+4] | |
Oct 09, 2025 | Canada | Seed | 1180 | ||
May 08, 2025 | United States | Seed | 9446 | [+4] | |
May 09, 2024 | United States | Seed | 5944 | [+3] | |
Apr 29, 2024 | United States | Series A | 9482 | [+5] |
IPOs and Publicly Listed companies in Phoenix Capital Ventures' Portfolio
1 of Phoenix Capital Ventures' portfolio company became public - SpaceX. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2026 at marketcap of $996BHere are Phoenix Capital Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2026 | - | - | 9493 |
Acquired companies in Phoenix Capital Ventures' Portfolio
4 companies from Phoenix Capital Ventures' portfolio have been acquired. The most recent acquisition was Nextiles in May 2026 by BetterGuard for $*****.Here are Phoenix Capital Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 06, 2026 | Jun 07, 2022 | Seed | 1468 | |
Sep 22, 2025 | Dec 01, 2021 | Seed | 4299 | |
Dec 23, 2024 | Mar 23, 2023 | Seed | 1360 | |
Oct 21, 2020 | - | - | 5443 |
Team profile of Phoenix Capital Ventures
Phoenix Capital Ventures has a team of 5 members including 1 Partner, 3 Venture Partners and 1 Principal located in United States and United Kingdom. Phoenix Capital Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Phoenix Capital Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Atlanta | - | - | |
Venture Partner | United Kingdom | - | - | |
Venture Partner | Phoenix | - | - | |
Venture Partner | Atlanta | - | - | |
Principal | New York | - | - |
Co-investors of Phoenix Capital Ventures
Over the past 5 years, 119 investors have co-invested in Phoenix Capital Ventures's portfolio companies. This includes funds and angels.
- Invested before Phoenix Capital Ventures: Phil Hellmuth, Jack McLelland and 16 others have invested in rounds before Phoenix Capital Ventures. There is 1 company where Phil Hellmuth has invested before Phoenix Capital Ventures and 1 company where Jack McLelland has invested before Phoenix Capital Ventures.
- Top Co-investors of Phoenix Capital Ventures: 72 investors entered a company along with Phoenix Capital Ventures. These include investors like Drive by DraftKings (2 companies).
- Invested after Phoenix Capital Ventures: A total of 29 investors have invested in Phoenix Capital Ventures's portfolio after their investments. Top Investors include Premji Invest (1 company), 360 One (1 company) and Ranjan Ramdas Pai (1 company).
Recent News related to Phoenix Capital Ventures
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BetHog Raises €8.5M Series A To Expand AI Live Dealer PlatformStartup Rise EU•Apr 23, 2026•BetHog, RockawayX, Will Ventures, Phoenix Capital Ventures and 3 others
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Pinpoint Secures $2.5 Million to Expand AI-Powered Social Operating System for BrandsNewswire•Oct 09, 2025•Phoenix Capital, Google, Antler, Flybridge Capital Partners and 16 others
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BookSeats Raises CAD$1.4M in FundingFinSMEs•Sep 13, 2023•BookSeats.com, KB Partners, Phoenix Capital Ventures, Calano Funds and 2 others
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Bulgarian Eleven Ventures leads a $2M round for Romanian-founded startup PluriaAIN.Capital•May 03, 2023•Eleven, Pluria, WIT Angels Club, Phoenix Capital Ventures and 1 other
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Spiral Raises $28M in Series A FundingFinSMEs•Mar 28, 2023•Spiral, Team8, Euclidean, Intuition Fund and 6 others
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Loupe Raises $3M in Seed+ FundingFinSMEs•Mar 21, 2023•Loupe, ALIAVIA Ventures, Sound Media Ventures, Goal Venture Partners and 5 others
