Founded in 2014 by Peter Pham, Phoenix Capital is a North American venture capital firm based in Salt Lake City. With a focus on global investments, the firm has a track record of committing to exits more frequently than other organizations. Phoenix Capital typically engages in lead investments, with a preference for deals in the range of $50-100 million. The firm has been involved in multiple investment rounds annually, often investing alongside sponsors such as VantagePoint Capital Partners and Tencent Holdings. While the fund's foundation is in the United States, it frequently invests in startups based in China. Phoenix Capital's portfolio includes companies in industries such as pharmaceuticals and video, with notable investments in DouyuTV and Widevine Technologies.