Select a State
Venture Capital Invested Per Deal in 2019 adjusted to 2024
| Rank | State | FIPS Code | Adj. Value |
|---|
| 1 | California | 06000 | $19,504,265 |
| 2 | Pennsylvania | 42000 | $17,202,963 |
| 3 | Massachusetts | 25000 | $16,749,559 |
| 4 | New York | 36000 | $16,678,209 |
| 5 | Georgia | 13000 | $14,160,990 |
| 6 | Kentucky | 21000 | $11,494,365 |
| 7 | Tennessee | 47000 | $11,492,523 |
| 8 | Washington | 53000 | $11,043,459 |
| 9 | Minnesota | 27000 | $10,936,058 |
| 10 | North Carolina | 37000 | $10,721,853 |
| 11 | Illinois | 17000 | $10,148,974 |
| 12 | Kansas | 20000 | $10,010,456 |
| 13 | Connecticut | 09000 | $9,902,154 |
| 14 | Utah | 49000 | $9,738,378 |
| 15 | Hawaii | 15000 | $9,670,512 |
| 16 | Arizona | 04000 | $9,667,444 |
| 17 | New Mexico | 35000 | $9,328,545 |
| 18 | District of Columbia | 11000 | $9,061,404 |
| 19 | Oregon | 41000 | $9,020,342 |
| 20 | New Jersey | 34000 | $8,605,827 |
| 21 | Wyoming | 56000 | $8,314,673 |
| 22 | Texas | 48000 | $8,207,410 |
| 23 | Colorado | 08000 | $7,844,515 |
| 24 | Florida | 12000 | $7,756,922 |
| 25 | Virginia | 51000 | $7,259,531 |
| 26 | Ohio | 39000 | $6,651,393 |
| 27 | Maryland | 24000 | $6,223,067 |
| 28 | North Dakota | 38000 | $6,099,901 |
| 29 | Nevada | 32000 | $5,888,150 |
| 30 | Michigan | 26000 | $5,733,678 |
| 31 | Missouri | 29000 | $5,392,438 |
| 32 | New Hampshire | 33000 | $5,172,451 |
| 33 | Arkansas | 05000 | $4,478,519 |
| 34 | Montana | 30000 | $4,399,126 |
| 35 | Indiana | 18000 | $3,934,205 |
| 36 | Idaho | 16000 | $3,832,304 |
| 37 | Vermont | 50000 | $3,677,141 |
| 38 | Wisconsin | 55000 | $3,600,173 |
| 39 | Louisiana | 22000 | $3,214,718 |
| 40 | Delaware | 10000 | $3,095,525 |
| 41 | Alabama | 01000 | $2,944,780 |
| 42 | Alaska | 02000 | $2,916,465 |
| 43 | Rhode Island | 44000 | $2,865,386 |
| 44 | Maine | 23000 | $2,667,830 |
| 45 | Nebraska | 31000 | $2,222,608 |
| 46 | South Carolina | 45000 | $2,168,791 |
| 47 | Oklahoma | 40000 | $1,994,851 |
| 48 | Iowa | 19000 | $1,397,704 |
| 49 | South Dakota | 46000 | $1,254,258 |
| 50 | Mississippi | 28000 | $830,579 |
| 51 | West Virginia | 54000 | $40,900 |
Data Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report (tm) based on data from Thomson Financial
This page was generated on 6/15/2025 12:01:00 PM