Rank List: States in Profile

Venture Capital Invested Per Deal in 2014 adjusted to 2025

Rank	State	FIPS Code	Adj. Value
1	Alaska	02000	$31,584,238
2	California	06000	$12,770,630
3	Massachusetts	25000	$10,476,294
4	Connecticut	09000	$10,203,106
5	New Jersey	34000	$10,193,475
6	Utah	49000	$9,660,498
7	Washington	53000	$9,293,476
8	Colorado	08000	$9,039,809
9	Illinois	17000	$8,395,234
10	North Carolina	37000	$7,623,840
11	New York	36000	$7,485,043
12	New Hampshire	33000	$7,470,809
13	Mississippi	28000	$7,377,588
14	Florida	12000	$7,358,271
15	West Virginia	54000	$7,343,590
16	Pennsylvania	42000	$7,171,762
17	Rhode Island	44000	$7,087,605
18	Indiana	18000	$7,046,305
19	Texas	48000	$6,619,963
20	Georgia	13000	$6,280,936
21	Minnesota	27000	$6,258,586
22	Tennessee	47000	$5,709,363
23	Vermont	50000	$5,704,126
24	Arizona	04000	$5,529,373
25	Maryland	24000	$5,193,770
26	District of Columbia	11000	$5,149,334
27	Montana	30000	$5,031,719
28	Virginia	51000	$4,933,912
29	Ohio	39000	$4,729,002
30	Oregon	41000	$4,625,818
31	Kentucky	21000	$4,109,993
32	Nevada	32000	$4,064,846
33	Michigan	26000	$3,850,096
34	Wyoming	56000	$3,708,884
35	Missouri	29000	$3,699,522
36	Kansas	20000	$3,474,606
37	Alabama	01000	$3,324,259
38	Nebraska	31000	$3,212,235
39	South Dakota	46000	$2,522,041
40	Delaware	10000	$2,337,663
41	Wisconsin	55000	$2,062,285
42	Iowa	19000	$1,994,555
43	Maine	23000	$1,658,061
44	Arkansas	05000	$1,584,835
45	Oklahoma	40000	$1,561,394
46	Idaho	16000	$1,521,820
47	South Carolina	45000	$1,469,251
48	New Mexico	35000	$1,313,177
49	Hawaii	15000	$1,133,270
50	North Dakota	38000	$793,289
51	Louisiana	22000	$763,650

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

This page was generated on 10/8/2026 6:01:05 PM