Rank List: States in Profile

Venture Capital Invested Per Deal in 2013 adjusted to 2025

Rank	State	FIPS Code	Adj. Value
1	Massachusetts	25000	$10,801,373
2	California	06000	$8,903,472
3	Texas	48000	$7,744,773
4	Rhode Island	44000	$7,695,142
5	North Carolina	37000	$7,098,052
6	Utah	49000	$6,918,053
7	Minnesota	27000	$6,911,075
8	Colorado	08000	$6,752,736
9	Wyoming	56000	$6,622,010
10	Georgia	13000	$6,422,549
11	Florida	12000	$6,135,500
12	New Hampshire	33000	$6,039,273
13	North Dakota	38000	$5,903,049
14	Virginia	51000	$5,872,290
15	Illinois	17000	$5,660,609
16	Arkansas	05000	$5,590,756
17	Washington	53000	$5,576,951
18	New York	36000	$5,372,944
19	Arizona	04000	$5,128,831
20	Maryland	24000	$4,904,999
21	West Virginia	54000	$4,896,174
22	New Jersey	34000	$4,852,969
23	Alabama	01000	$4,646,101
24	Pennsylvania	42000	$4,550,080
25	Vermont	50000	$4,440,377
26	Tennessee	47000	$4,423,243
27	Connecticut	09000	$4,250,619
28	Maine	23000	$3,835,007
29	Kansas	20000	$3,708,861
30	Montana	30000	$3,581,644
31	Delaware	10000	$3,554,047
32	Ohio	39000	$3,543,438
33	District of Columbia	11000	$3,451,013
34	New Mexico	35000	$3,311,448
35	Iowa	19000	$3,270,697
36	South Carolina	45000	$3,216,953
37	Oregon	41000	$3,076,107
38	Michigan	26000	$2,509,482
39	Louisiana	22000	$2,493,581
40	Nevada	32000	$2,351,677
41	Missouri	29000	$2,349,374
42	Hawaii	15000	$2,328,113
43	Wisconsin	55000	$2,209,049
44	Indiana	18000	$2,034,048
45	Oklahoma	40000	$1,859,921
46	Kentucky	21000	$1,648,740
47	Nebraska	31000	$1,646,188
48	Mississippi	28000	$1,071,038
49	Idaho	16000	$952,034
50	South Dakota	46000	$525,154
51	Alaska	02000	$483,695

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

This page was generated on 10/8/2026 9:10:12 PM