Select a State
Venture Capital Invested in 2019 adjusted to 2023
| Rank | State | FIPS Code | Adj. Value |
|---|
| 1 | California | 06000 | $80,322,563,621 |
| 2 | New York | 36000 | $28,907,460,617 |
| 3 | Massachusetts | 25000 | $14,206,006,559 |
| 4 | Texas | 48000 | $6,391,117,805 |
| 5 | Washington | 53000 | $4,861,749,916 |
| 6 | Pennsylvania | 42000 | $4,434,833,163 |
| 7 | Illinois | 17000 | $3,532,610,991 |
| 8 | Colorado | 08000 | $3,461,219,830 |
| 9 | Florida | 12000 | $3,311,524,844 |
| 10 | New Jersey | 34000 | $2,934,665,331 |
| 11 | Georgia | 13000 | $2,543,742,118 |
| 12 | North Carolina | 37000 | $2,120,877,617 |
| 13 | Utah | 49000 | $1,991,801,446 |
| 14 | District of Columbia | 11000 | $1,703,853,128 |
| 15 | Minnesota | 27000 | $1,639,851,370 |
| 16 | Arizona | 04000 | $1,619,470,922 |
| 17 | Virginia | 51000 | $1,560,951,624 |
| 18 | Ohio | 39000 | $1,490,871,487 |
| 19 | Oregon | 41000 | $1,469,895,120 |
| 20 | Maryland | 24000 | $1,139,874,882 |
| 21 | Connecticut | 09000 | $1,017,830,562 |
| 22 | Michigan | 26000 | $858,004,943 |
| 23 | Kentucky | 21000 | $778,986,013 |
| 24 | Indiana | 18000 | $778,390,094 |
| 25 | Tennessee | 47000 | $753,838,209 |
| 26 | Missouri | 29000 | $505,458,948 |
| 27 | Delaware | 10000 | $500,453,224 |
| 28 | Kansas | 20000 | $403,914,259 |
| 29 | Nevada | 32000 | $348,612,927 |
| 30 | New Mexico | 35000 | $307,613,663 |
| 31 | Wisconsin | 55000 | $288,067,502 |
| 32 | Hawaii | 15000 | $257,318,054 |
| 33 | New Hampshire | 33000 | $205,711,423 |
| 34 | South Carolina | 45000 | $180,086,883 |
| 35 | Louisiana | 22000 | $152,317,033 |
| 36 | Montana | 30000 | $138,014,964 |
| 37 | Alabama | 01000 | $128,718,619 |
| 38 | Arkansas | 05000 | $127,050,044 |
| 39 | Vermont | 50000 | $114,058,999 |
| 40 | Idaho | 16000 | $103,451,631 |
| 41 | Maine | 23000 | $90,698,953 |
| 42 | Nebraska | 31000 | $71,867,896 |
| 43 | Oklahoma | 40000 | $65,908,700 |
| 44 | Rhode Island | 44000 | $47,673,563 |
| 45 | North Dakota | 38000 | $41,475,999 |
| 46 | Alaska | 02000 | $36,708,643 |
| 47 | Iowa | 19000 | $34,205,781 |
| 48 | Wyoming | 56000 | $25,028,620 |
| 49 | South Dakota | 46000 | $11,680,023 |
| 50 | Mississippi | 28000 | $11,560,839 |
| 51 | West Virginia | 54000 | $119,184 |
Data Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report (tm) based on data from Thomson Financial
This page was generated on 5/1/2025 7:19:52 AM