Rank List: States in Profile

Venture Capital Invested in 2013 adjusted to 2025

Rank	State	FIPS Code	Adj. Value
1	California	06000	$29,960,183,602
2	Massachusetts	25000	$7,636,570,824
3	New York	36000	$6,012,324,255
4	Texas	48000	$4,917,930,604
5	Washington	53000	$1,918,471,102
6	Colorado	08000	$1,769,216,759
7	Florida	12000	$1,656,585,010
8	Illinois	17000	$1,556,667,519
9	Pennsylvania	42000	$1,201,221,065
10	North Carolina	37000	$1,100,197,986
11	Georgia	13000	$1,085,410,750
12	Virginia	51000	$1,062,884,401
13	Minnesota	27000	$829,328,993
14	Utah	49000	$823,248,261
15	Tennessee	47000	$685,602,589
16	New Jersey	34000	$669,709,765
16	Ohio	39000	$669,709,765
18	Maryland	24000	$647,459,812
19	Arizona	04000	$594,944,395
20	Connecticut	09000	$578,084,182
21	Michigan	26000	$411,555,031
22	Oregon	41000	$356,828,439
23	District of Columbia	11000	$241,570,918
23	New Hampshire	33000	$241,570,918
25	Missouri	29000	$202,046,157
26	Delaware	10000	$188,364,509
27	Arkansas	05000	$184,494,952
28	Rhode Island	44000	$169,293,121
29	Kansas	20000	$159,481,030
30	Indiana	18000	$144,417,397
31	Wisconsin	55000	$143,588,206
32	Nevada	32000	$141,100,634
33	South Carolina	45000	$115,810,314
34	Vermont	50000	$102,128,666
35	Alabama	01000	$97,568,117
36	New Mexico	35000	$86,097,644
37	Wyoming	56000	$79,464,118
38	Iowa	19000	$78,496,729
39	Maine	23000	$76,700,149
40	Kentucky	21000	$70,895,813
41	Louisiana	22000	$57,352,363
42	Nebraska	31000	$55,970,379
43	Oklahoma	40000	$44,638,104
44	Montana	30000	$42,979,723
45	North Dakota	38000	$41,321,341
46	West Virginia	54000	$34,273,220
47	Hawaii	15000	$30,265,464
48	Idaho	16000	$25,704,915
49	Mississippi	28000	$4,284,152
50	South Dakota	46000	$2,625,771
51	Alaska	02000	$1,934,779

Data Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report (tm) based on data from Thomson Financial

This page was generated on 10/8/2026 3:08:09 PM