Finance Archives

108 Arizona companies make Inc. 5000 list


A total of 108 Arizona companies earned spots on the Inc. 5000 list of the top 5,000 fastest-growing private companies in the U.S. for 2016. Criteria for earning admission to the 2016 Inc. 5000’s list include required businesses to: • Be privately held, for profit, based in the U.S., and independent (not a subsidiary or division of… Read More →

Az Business honors Most Influential Women in Arizona Business


A crowd of nearly 500 packed Desert Botanical Garden Thursday to honor Az Business magazine’s Most Influential Women in Arizona Business for 2016. “All the women we are honoring tonight have procured influence in their respective fields through hard-earned track records of profitability, leadership and innovation,” said AZ Big Media Publisher Cheryl Green. “These women are… Read More →

JDA Software announces $570M equity investment


JDA Software Group, Inc. announced Friday it completed an agreement with funds managed by Blackstone (NYSE: BX) and New Mountain Capital (NMC) to effect a recapitalization of the company through a $570 million equity investment. The new capital will be used to fuel JDA’s product innovation and growth plans to deliver next generation cloud-based solutions and accelerate… Read More →

Jalina Kerr: Most Influential Women in Arizona

Jalina Kerr

Jalina Kerr, vice president of advisor services, Charles Schwab & Co. Kerr, a 25-year financial services professional, has honed her expertise in client experience and service leadership in each of the roles she has held. Advice: “I encourage more women to consider financial services as a viable career choice. Ultimately, the nature of the industry is… Read More →

Arizona equity crowdfunding boosts small business

Photo: borman818, Flickr

Last April, Gov. Doug Ducey signed into law House Bill 2591. Known as the “Intrastate Offering Exemption”, as a job creation initiative designed to invigorate our state’s economy. This landmark piece of legislation allows Arizona small businesses the ability to sell stock directly to Arizona investors online. This bill makes Equity Crowdfunding available to Arizona… Read More →

Ruth Engle: Most Influential Women in Arizona

Ruth Engle

Ruth Engle, executive vice president and CFO, Troon Golf Engle joined Troon Golf after serving as vice president and controller of the aerospace division of Honeywell International. During her time at Honeywell, she also held vice president and CFO positions over three leading divisions. Advice: “Rising through the ranks as a female within a male dominated industry has… Read More →

Scottsdale-based Accolade raises more than $70M


Accolade, Inc., an on-demand healthcare concierge for employers, health plans and health systems, announced it has raised more than $70 million in new Series E funding led by Andreessen Horowitz and with participation from Madrona Venture Group and others. Accolade will use the capital to expand its technology platform, R&D, and sales and marketing initiatives… Read More →

Phoenix-based Carvana closes $160M funding round


Carvana, the leading national online auto retailer and creator of the world’s first coin-operated Car Vending Machine, today announced it closed a new $160 million Series C funding round, bringing total funding to $460 million. This funding round will be used to support Carvana’s growth, including expanding physical operations and Car Vending Machines to new… Read More →

Sharpen Your Investor Pitch With These 5 Tips

Attracting Investors

The pitch. It’s everything to a startup looking to raise money. It’s your identity, your request for capital, your advertising, your brand story, and your lifeline to keeping your company alive and growing. Pitching your startup to investors or customers can be extremely overwhelming, especially when the business is your baby and your future rests… Read More →

3 things to know about Phoenix investors

Are Your Investments Safe Or Risky?

Business ecosystems are a balancing act of supply and demand from a variety of players including startups and investors. There is a fine line between having enough money in the community for all the startups to be funded and not enough money for anyone to get a project off the ground. In Phoenix we have… Read More →

Which Arizona city has the best 401(k) plan?

Employer Retirement Plans in Phoenix, Ariz.

Retirement readiness isn’t a topic many would consider fun to talk about. However, SmartAsset, a financial company based in New York, used data to show what cities nationally has the best 401(k) plans. “We want people to think about these topics,” said AJ Smith, vice president of content for SmartAsset, “While not always fun, they… Read More →

TCA teaches educators about personal finances

Finance 101, 123rf

Take Charge America, Inc., a national nonprofit credit counseling and debt management agency based in Phoenix, is partnering with Phoenix Union High School District (PUHSD) to offer personal financial management and credit counseling resources and services to the district’s nearly 3,000 full- and part-time employees. “Changes in the payroll process for a select group of… Read More →

How to boost your tax returns


Thanks to Emancipation Day, everyone gets an extra three days to file their taxes for 2015. So, why not spend those extra three days productively? Jon Frutkin, principal at Frutkin Law Firm, has three quick and easy tips, one for each extra day, that you can follow to lower your taxes. Expand your home office deduction: Many… Read More →

Wasabi Ventures partners with NoteBowl


After exploring various learning management systems for the Wasabi Ventures Academy, venture capital firm Wasabi Ventures has selected social learning platform NoteBowl to assist the academy students in learning about the startup world. The early-stage venture capital firm is excited to support and partner with an Arizona education technology startup for its startup education program.… Read More →