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PSPRS administers defined benefit retirement plans, providing pension, disability, and survivor benefits for Arizona's public safety personnel. It manages substantial assets through actuarial soundness and prudent investment strategies, ensuring long-term financial security for its members. Core functions include meticulous benefit disbursement and robust financial oversight.
The Public Safety Personnel Retirement System was established by the Arizona State Legislature. Its formation addressed the critical need for a dedicated, financially sound retirement framework for police officers, firefighters, and other public safety professionals. This recognized the unique demands of their service, aiming to provide dependable financial support post-career.
PSPRS serves Arizona's first responders, including police officers, firefighters, corrections officers, and elected officials. Its vision delivers perpetual retirement security and peace of mind for members and beneficiaries. This empowers essential personnel to focus on critical duties, confident in reliable financial support throughout retirement, supported by sustained fiscal health.
PSPRS has 1 tracked investment across 1 company. The latest tracked deal is $43.0M Series B in Bionaut Labs in November 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 1, 2022 | Bionaut Labs | $43.0M Series B | Khosla Ventures | Arkitekt Ventures, Compound, Deep Valley Labs, Great Wave Ventures, Harmonix Fund, Industrifonden, Kleiner Perkins, Hans Tung, Prime Movers LAB, Katie Gray, Kevin Colas, Trae Vassallo, Tintah Grace, Deep Insight, Dolby Family Ventures, Gaingels, Giammaria Giuliani, OurCrowd, Sixty Degree Capital, What IF Ventures |
