Rank List: States in Profile

Venture Capital Deals Made in 2020

Rank	State	FIPS Code	Deals
1	California	06000	4,604
2	New York	36000	1,718
3	Massachusetts	25000	937
4	Texas	48000	830
5	Florida	12000	490
6	Colorado	08000	445
7	Washington	53000	422
8	Illinois	17000	378
9	Pennsylvania	42000	358
10	Delaware	10000	290
11	North Carolina	37000	247
12	Georgia	13000	236
13	Virginia	51000	203
14	New Jersey	34000	202
15	Michigan	26000	200
16	Utah	49000	196
17	Maryland	24000	195
18	Ohio	39000	185
19	Arizona	04000	157
20	Oregon	41000	151
21	Connecticut	09000	146
22	Indiana	18000	141
23	Minnesota	27000	140
23	Tennessee	47000	140
25	Missouri	29000	117
26	Wisconsin	55000	100
27	Nevada	32000	90
28	District of Columbia	11000	80
29	Kentucky	21000	66
30	South Carolina	45000	55
31	Alabama	01000	43
32	Iowa	19000	42
32	New Hampshire	33000	42
34	Maine	23000	41
35	Oklahoma	40000	39
36	Kansas	20000	36
37	Montana	30000	34
38	Idaho	16000	33
39	Arkansas	05000	32
40	Nebraska	31000	30
40	Wyoming	56000	30
42	New Mexico	35000	28
42	Vermont	50000	28
44	Rhode Island	44000	24
45	Louisiana	22000	20
46	Hawaii	15000	11
47	North Dakota	38000	10
48	Mississippi	28000	7
49	South Dakota	46000	5
50	Alaska	02000	4
51	West Virginia	54000	2

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

This page was generated on 11/4/2025 6:27:21 PM