Rank List: States in Profile

Venture Capital Deals Made in 2019

Rank	State	FIPS Code	Deals
1	California	06000	4,552
2	New York	36000	1,766
3	Massachusetts	25000	875
4	Texas	48000	863
5	Florida	12000	481
6	Colorado	08000	476
7	Washington	53000	450
8	Illinois	17000	361
9	Pennsylvania	42000	307
10	Delaware	10000	241
11	Virginia	51000	239
12	North Carolina	37000	236
13	Georgia	13000	231
14	New Jersey	34000	226
15	Utah	49000	220
16	Ohio	39000	201
17	Maryland	24000	192
18	Michigan	26000	169
19	Oregon	41000	156
20	Minnesota	27000	152
21	Arizona	04000	151
22	Tennessee	47000	145
23	Indiana	18000	141
24	Connecticut	09000	115
25	Missouri	29000	101
26	Nevada	32000	97
27	Wisconsin	55000	85
28	District of Columbia	11000	82
29	South Carolina	45000	76
30	Kentucky	21000	49
31	Alabama	01000	44
31	New Hampshire	33000	44
33	Kansas	20000	38
34	Montana	30000	35
34	New Mexico	35000	35
36	Maine	23000	34
36	Nebraska	31000	34
38	Oklahoma	40000	33
39	Idaho	16000	32
39	Louisiana	22000	32
41	Arkansas	05000	31
41	Vermont	50000	31
43	Hawaii	15000	25
43	Iowa	19000	25
45	Rhode Island	44000	17
46	Wyoming	56000	16
47	Mississippi	28000	14
48	Alaska	02000	13
49	South Dakota	46000	12
50	North Dakota	38000	7
51	West Virginia	54000	5

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

This page was generated on 10/8/2026 6:55:07 AM