Arizona Commerce Authority

The Arizona Commerce Authority (ACA) is the principal economic development agency based in Phoenix, Arizona, established in 1985. Its mission is to enhance and strengthen the state's economy through a focused three-pronged approach: recruiting out-of-state companies to establish operations in Arizona, supporting the growth of existing businesses, and collaborating with entrepreneurs to create new jobs and enterprises in targeted industries. The ACA is governed by a public-private sector board comprised of leaders from business and policy, overseeing the management of the agency's assets. Through these efforts, the ACA aims to foster a robust economic environment and promote job creation across the state.

Sandra Watson

President, CEO, Board Member and Member of the Executive Committee

14 past transactions

Gravitrex

Grant in 2025
Gravitrex is a medical device company specializing in the development of a walking-assist device for individuals with physical disabilities. Their innovative product, a bent-wire system device, supports a portion of the user's weight, facilitating the recovery or improvement of walking ability in patients who have experienced a loss of mobility.

PRIVV

Grant in 2024
PRIVV is a premier project management software developed for operators of large-scale construction endeavors.

Sequitur Health

Grant in 2023
Sequitur Health is a medical device company founded in 2019 and based in Scottsdale, Arizona. The company focuses on developing innovative patient care platforms that aim to save, extend, and enhance the quality of life for individuals. By leveraging technological advancements, Sequitur Health addresses unmet needs for both patients and healthcare providers. The company's technology is co-developed in collaboration with educational and medical institutions in Arizona, allowing for timely and effective responses to patient care requirements.

University of Arizona College of Engineering

Grant in 2023
The University of Arizona College of Engineering provides undergraduate and graduate degrees in 17 programmes, which include cooperative programmes with other institutions.

WearTech Applied Research Center

Grant in 2023
The WearTech Applied Research Center connects entrepreneurs and companies seeking to commercialize emerging healthcare technology with world-class research teams working at the forefront of wearable and biomedical innovation.

NEON

Seed Round in 2022
Neon is a platform for digital signage, music, and Wi-Fi, offering seamless POS integration, remote updates, and full-service support.

WearTech Applied Research Center

Grant in 2022
The WearTech Applied Research Center connects entrepreneurs and companies seeking to commercialize emerging healthcare technology with world-class research teams working at the forefront of wearable and biomedical innovation.

Wecom

Grant in 2022
Wecom is a telecommunications infrastructure provider specializing in high-speed fiber optic networks and broadband internet services. They cater to diverse clients including residences, small businesses, educational institutions, healthcare facilities, and enterprises. Their comprehensive suite of services encompasses hosted PBX systems, engineering and construction solutions for network deployment, two-way radio communications, public safety services, site leasing, wireless networks, tower constructions, and unified communication platforms. Wecom's offerings aim to empower communities and connect businesses across various regions through robust, reliable connectivity solutions.

Razor Edge Games

Grant in 2020
Razor Edge Games is a computer games company that develops and operates a gaming platform. Their primary product is "The AfterFall" game, which offers players a challenging, non-linear open gaming world with engaging and immersive experiences. The company aims to create repeatable, content-driven experiences powered by innovation, providing players with significant choices that lead to varied gameplay outcomes.

Radpay

Grant in 2019
Radpay, Inc. is a developer of a blockchain-based online payment platform that offers comprehensive merchant payment services. Founded in 2018 and based in Phoenix, Arizona, the company provides a patent-pending platform that integrates blockchain technology with PCI-compliant card payment and banking infrastructure. This allows merchants to accept payments in both card-present and card-not-present environments, including digital wallet transactions. Radpay’s services are accessible through a mobile app, browser plug-ins, application programming interfaces (APIs), pre-configured e-commerce cart plug-ins, and credit card terminal applications. Additionally, the platform supports peer-to-peer payment processing and a rewards framework, enabling a seamless customer experience and offering flexibility in payment options for merchants, consumers, banks, and enterprises alike.

Resonea

Grant in 2018
Resonea, Inc. is a company focused on developing innovative solutions for monitoring and understanding sleep breathing patterns. Based in Scottsdale, Arizona, it offers the DROWZLE PRO Sleep Apnea Pre-screening Device, a Class II medical device designed for in-home screening of obstructive sleep apnea. This device, paired with smartphone-based software, records and analyzes respiratory patterns during sleep, assessing sleep apnea risk along with factors like daytime sleepiness and chronic disease risks. Resonea also provides a comprehensive platform for sleep health management, including education, screening, diagnosis, and treatment options for sleep disorders. Their approach enhances the detection and management of conditions such as obstructive sleep apnea, ultimately aiming to improve overall sleep health and employee performance. Founded in 2016, Resonea continues to advance the field of sleep health and wellness.

Parasilk

Grant in 2015
Parasilk is a cosmetic brand specializing in paraffin wax treatments designed to address dry skin. The company's primary product focuses on hydrating, moisturizing, retexturizing, soothing, protecting, and rejuvenating tired and dry hands and feet. Parasilk offers an easy, hygienic, and safe-to-use solution for women seeking effective skincare treatments for their hands and feet.

Whole Sale Fund

Seed Round in 2012
Wholesalefund is a breakthrough on how great products can reach retail shelf space. Consumer Packaged Goods manufacturers face extremely fragmented and costly sales and distribution channels that must be overcome to get products onto retail shelves. Similarly, retail buyers, brokers, and distributors face huge acquisition costs, lack of data, slow sales cycles, and inefficient decision making when placing new products. Their product helps streamline this with a simple and elegant approach to buyer and seller matchmaking and transfer of basic sales data, trends, samples, and other wholesale basic needs.
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