| Rogers Benefit Group, INC. | Phoenix, AZ | $128M | — | 2023 |
| Shamrock Foods Company | Phoenix, AZ | $101M | 1,155 | 2024 |
| Transact Campus | Phoenix, AZ | $57M | 632 | 2024 |
| The Univ. Of Arizona Global Campus | Chandler, AZ | $39M | — | 2023 |
| Avast Software, INC. | Tempe, AZ | $24M | — | 2023 |
| Kinetx, INC. | Tempe, AZ | $17M | 57 | 2025 |
| Ers Investments, LLC | Glendale, AZ | $15M | 498 | 2024 |
| Kalil Bottling CO. | Tucson, AZ | $15M | — | 2024 |
| Credit Union West | Glendale, AZ | $14M | 151 | 2024 |
| Managed Healthcare Partners, LLC | Oro Valley, AZ | $14M | 1,220 | 2025 |
| Varitec Solutions LLC | Phoenix, AZ | $14M | 139 | 2025 |
| Arizona Cardiology Group, P.C. | Phoenix, AZ | $11M | 181 | 2024 |
| Jenco, INC. | Scottsdale, AZ | $10M | 246 | 2024 |
| Express Technology, INC. | Tempe, AZ | $9.4M | 11 | 2025 |
| Hinkle & Perius INC | Yuma, AZ | $8.9M | 2 | 2024 |
| Az Pet Vet Holding LLC | Glendale, AZ | $8.3M | — | 2023 |
| Lawley Motors, LLC | Sierra Vista, AZ | $8.2M | 182 | 2025 |
| Amerifirst Financial, INC. | Mesa, AZ | $7.7M | 262 | 2024 |
| Video West, INC. | Phoenix, AZ | $7.7M | 80 | 2025 |
| Northcentral University | Scottsdale, AZ | $7.4M | — | 2023 |
| Longust Distributing, LLC | Mesa, AZ | $7.4M | 131 | 2024 |
| Flagstaff Obgyn, LLC | Flagstaff, AZ | $7.1M | 32 | 2024 |
| Desert West Obstetrics & Gynecology, LTD. | Glendale, AZ | $7.1M | 110 | 2025 |
| Finchum Industries, INC. | Mesa, AZ | $7.0M | 77 | 2024 |
| Effem Corporation | Gilbert, AZ | $6.9M | 133 | 2024 |
| Westland Resources, INC. | Tucson, AZ | $6.8M | 220 | 2025 |
| Ethisphere, LLC | Scottsdale, AZ | $6.8M | 81 | 2025 |
| Pm & M Electric, INC. DBA Titan Solar Power | Mesa, AZ | $6.6M | 502 | 2025 |
| Western Cardiothoracic Surgeons, P.C. | Mesa, AZ | $6.6M | 13 | 2024 |
| Ocean Garden Products, INC. | Scottsdale, AZ | $6.5M | 32 | 2025 |
| Forma Medical, PLLC | Phoenix, AZ | $6.3M | 14 | 2024 |
| Monheit Frisch Cpas PLC | Surprise, AZ | $6.3M | — | 2023 |
| Syros Pharmaceuticals, INC. | Mesa, AZ | $6.2M | 61 | 2025 |
| Jennings, Strouss & Salmon, P.L.C. | Phoenix, AZ | $5.9M | 95 | 2024 |
| Sunland Holdings Company | Phoenix, AZ | $5.8M | — | 2023 |
| Dassian, INC. | Scottsdale, AZ | $5.8M | 39 | 2025 |
| Paragon Partners, LTD. | Scottsdale, AZ | $5.7M | 14 | 2024 |
| Crawford & Kline, P. L. C. | Tempe, AZ | $5.7M | 7 | 2024 |
| Desert Summit Dentistry, P.C. | Scottsdale, AZ | $5.6M | 2 | 2024 |
| Donley Service Center, INC. | Phoenix, AZ | $5.5M | 70 | 2024 |
| Cochise Contractors, INC. | Phoenix, AZ | $5.5M | 69 | 2024 |
| Elardo, Bragg, Rossi And Palumbo, P.C. | Phoenix, AZ | $5.4M | 25 | 2024 |
| Bjerk Builders, INC. | Gilbert, AZ | $5.4M | 76 | 2024 |
| Az Tmj, P.L.L.C. | Scottsdale, AZ | $5.3M | 4 | 2025 |
| Southwest Eye Surgeons, LTD. | Peoria, AZ | $5.3M | 5 | 2025 |
| Phoenix Pediatrics, LTD. | Phoenix, AZ | $5.3M | 43 | 2023 |
| Element Management Services LLC | Scottsdale, AZ | $5.2M | 111 | 2025 |
| Synergy Infectious Disease Physicians, PLLC | Paradise Valley, AZ | $5.2M | 5 | 2024 |
| Tom White Carpentry, INC. | Tucson, AZ | $5.1M | 17 | 2024 |
| Marker Advisors, LLC | Wickenburg, AZ | $5.1M | 3 | 2025 |
| Javid, LLC | Oro Valley, AZ | $5.0M | — | 2023 |
| Barr Credit Services, INC. | Tucson, AZ | $5.0M | 63 | 2025 |