Rank List: States in Profile

Venture Capital Invested Per Deal in 2017 adjusted to 2024

Rank	State	FIPS Code	Adj. Value
1	Maine	23000	$19,044,078
2	Montana	30000	$16,095,594
3	Massachusetts	25000	$15,554,686
4	California	06000	$13,621,044
5	New York	36000	$10,623,580
6	Georgia	13000	$9,584,830
7	Illinois	17000	$8,983,668
8	Utah	49000	$8,630,512
9	Arizona	04000	$8,462,147
10	District of Columbia	11000	$7,653,489
11	South Carolina	45000	$7,427,804
12	New Jersey	34000	$7,214,929
13	Minnesota	27000	$7,089,920
14	Washington	53000	$6,736,263
15	Virginia	51000	$6,672,512
16	New Hampshire	33000	$6,623,739
17	Connecticut	09000	$6,612,987
18	North Carolina	37000	$6,451,471
19	Texas	48000	$6,149,923
20	Louisiana	22000	$6,092,658
21	Nevada	32000	$6,040,680
22	Kansas	20000	$5,898,163
23	Missouri	29000	$5,667,614
24	Pennsylvania	42000	$5,627,310
25	Idaho	16000	$5,396,958
26	Maryland	24000	$5,289,066
27	Florida	12000	$5,103,689
28	Colorado	08000	$4,757,529
29	Tennessee	47000	$4,569,644
30	Alabama	01000	$4,470,252
31	Rhode Island	44000	$4,305,694
32	Oregon	41000	$4,188,641
33	Michigan	26000	$4,178,618
34	South Dakota	46000	$3,766,082
35	Nebraska	31000	$3,574,730
36	Mississippi	28000	$3,519,275
37	Kentucky	21000	$3,274,620
38	New Mexico	35000	$3,087,364
39	Ohio	39000	$2,904,122
40	Wisconsin	55000	$2,658,362
41	Delaware	10000	$2,589,584
42	Indiana	18000	$2,549,993
43	Wyoming	56000	$2,279,531
44	Vermont	50000	$2,208,936
45	Iowa	19000	$1,915,948
46	Oklahoma	40000	$1,867,467
47	West Virginia	54000	$1,503,690
48	North Dakota	38000	$1,258,408
49	Hawaii	15000	$1,041,240
50	Arkansas	05000	$1,016,033
51	Alaska	02000	$463,904

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

This page was generated on 11/4/2025 6:30:08 PM