Rank List: States in Profile

Venture Capital Invested Per Deal in 2018 adjusted to 2024

Rank	State	FIPS Code	Adj. Value
1	Montana	30000	$50,798,008
2	California	06000	$22,642,042
3	Massachusetts	25000	$19,244,860
4	Arizona	04000	$17,445,862
5	North Carolina	37000	$16,169,578
6	Utah	49000	$14,253,809
7	New York	36000	$12,995,951
8	District of Columbia	11000	$11,510,042
9	Minnesota	27000	$10,424,084
10	Florida	12000	$10,264,229
11	Maryland	24000	$9,712,542
12	Washington	53000	$9,130,482
13	Missouri	29000	$8,870,743
14	Pennsylvania	42000	$8,791,314
15	Wisconsin	55000	$8,748,601
16	Kansas	20000	$8,484,864
17	Illinois	17000	$8,023,920
18	New Jersey	34000	$7,848,851
19	Ohio	39000	$7,659,347
20	Texas	48000	$7,570,300
21	Nebraska	31000	$7,053,054
22	Georgia	13000	$6,580,630
23	Colorado	08000	$6,485,960
24	Virginia	51000	$6,308,583
25	Connecticut	09000	$5,974,806
26	New Mexico	35000	$5,746,432
27	Oregon	41000	$5,512,765
28	Nevada	32000	$5,080,687
29	Oklahoma	40000	$4,602,912
30	Tennessee	47000	$4,567,477
31	North Dakota	38000	$4,565,347
32	Iowa	19000	$4,415,362
33	New Hampshire	33000	$4,244,160
34	Kentucky	21000	$4,206,523
35	Michigan	26000	$3,772,810
36	Wyoming	56000	$3,703,058
37	South Carolina	45000	$3,445,777
38	West Virginia	54000	$3,435,367
39	Indiana	18000	$3,261,133
40	Idaho	16000	$3,185,522
41	Rhode Island	44000	$2,883,210
42	Alabama	01000	$2,576,972
43	Delaware	10000	$2,469,379
44	Arkansas	05000	$2,186,143
45	Mississippi	28000	$2,144,502
46	Vermont	50000	$2,040,400
47	South Dakota	46000	$1,998,759
48	Hawaii	15000	$1,828,410
49	Louisiana	22000	$1,702,890
50	Maine	23000	$1,650,761
51	Alaska	02000	$1,391,993

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

This page was generated on 6/15/2025 11:56:27 AM