About Phoenix
Phoenix is a company based in Madison (United States) founded in 2005. It operates as a Professional Services. Phoenix has raised $32.45 million across 10 funding rounds from investors including DOE, Deerfield and BrightStar Wisconsin Foundation. The company has 118 employees as of December 31, 2022. Phoenix offers products and services including Neutron Imaging, Radiation Effects Testing, and Research & Development Support. Phoenix operates in a competitive market with competitors including Helion, TAE Technologies, General Fusion, Zap Energy and First Light Fusion, among others.
- Headquarter Madison, United States
- Employees 118 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Phoenix Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32.45 M (USD)
in 10 rounds
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Latest Funding Round
$999.78 K (USD), Series B
Mar 23, 2020
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Investors
DOE
& 5 more
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Employee Count
118
as on Dec 31, 2022
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Products & Services of Phoenix
Phoenix offers a comprehensive portfolio of products and services, including Neutron Imaging, Radiation Effects Testing, and Research & Development Support. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Neutron imaging is used for internal structure analysis.
Radiation effects testing is provided for product reliability.
R&D support is offered for part qualification analysis.
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Funding Insights of Phoenix
Phoenix has successfully raised a total of $32.45M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $999.78 thousand completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series B — $999,781
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First Round
First Round
(21 May 2012)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series B - Phoenix | Valuation |
investors |
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| Dec, 2018 | Amount | Series B - Phoenix | Valuation |
investors |
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| Oct, 2017 | Amount | Series A - Phoenix | Valuation | Deerfield |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Phoenix
Phoenix has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include DOE, Deerfield and BrightStar Wisconsin Foundation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Healthcare ecosystem is supported through investment and innovation by Deerfield.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Phoenix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Phoenix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Phoenix Comparisons
Competitors of Phoenix
Phoenix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Helion, TAE Technologies, General Fusion, Zap Energy and First Light Fusion, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation.
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FRC nuclear fusion reactors are developed using advanced beam technology.
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Magnetized nuclear fusion reactors are developed for energy production.
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| domain | founded_year | HQ Location |
Nuclear energy projects are developed in Everett, United States.
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| domain | founded_year | HQ Location |
Pulse-powered nuclear fusion processes are developed for energy production.
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| domain | founded_year | HQ Location |
Nuclear isotopes are produced using fusion techniques.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Phoenix
Frequently Asked Questions about Phoenix
When was Phoenix founded?
Phoenix was founded in 2005 and raised its 1st funding round 7 years after it was founded.
Where is Phoenix located?
Phoenix is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
Who is the current CEO of Phoenix?
Ross Radel is the current CEO of Phoenix.
Is Phoenix a funded company?
Phoenix is a funded company, having raised a total of $32.45M across 10 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on May 21, 2012.
How many employees does Phoenix have?
As of Dec 31, 2022, the latest employee count at Phoenix is 118.
What does Phoenix do?
Phoenix is involved in providing neutron imaging and non-destructive testing services primarily for the aerospace and defense sectors. Solutions are offered to ensure product safety, performance, and reliability of mission-critical equipment. Services include radiation effects testing and RD support for part qualification and root cause analysis. An alternative to nuclear reactor-based testing is provided, with high-resolution imaging and reduced logistical challenges. Operations are certified under ISO 9001:2015 and AS9100D standards, ensuring quality management.
Who are the top competitors of Phoenix?
Phoenix's top competitors include Helion, TAE Technologies and General Fusion.
What products or services does Phoenix offer?
Phoenix offers Neutron Imaging, Radiation Effects Testing, and Research & Development Support.
Who are Phoenix's investors?
Phoenix has 6 investors. Key investors include DOE, Deerfield, BrightStar Wisconsin Foundation, Venture Management, and NEW Capital Fund.