Rank List: States in Profile

Venture Capital Invested in 2012 adjusted to 2023

Rank	State	FIPS Code	Adj. Value
1	California	06000	$25,782,256,154
2	Massachusetts	25000	$5,984,053,682
3	New York	36000	$3,659,435,837
4	Texas	48000	$2,997,695,771
5	Washington	53000	$1,921,334,238
6	Colorado	08000	$1,464,393,670
7	New Jersey	34000	$1,156,982,622
8	Pennsylvania	42000	$1,080,851,158
9	Illinois	17000	$994,052,804
10	Florida	12000	$885,784,410
11	Georgia	13000	$857,663,047
12	Ohio	39000	$758,664,332
13	Minnesota	27000	$688,982,362
14	Utah	49000	$669,414,714
15	North Carolina	37000	$664,844,618
16	Virginia	51000	$657,499,781
17	Arizona	04000	$644,619,004
18	Maryland	24000	$565,479,244
19	Connecticut	09000	$523,630,276
20	Tennessee	47000	$421,455,828
21	Oregon	41000	$370,336,860
22	Michigan	26000	$322,884,872
23	New Hampshire	33000	$269,094,130
24	Indiana	18000	$264,399,222
25	Rhode Island	44000	$180,457,089
26	Wisconsin	55000	$172,894,211
27	Delaware	10000	$154,640,058
28	Missouri	29000	$133,909,825
29	District of Columbia	11000	$129,201,114
30	Alabama	01000	$98,032,143
31	Oklahoma	40000	$89,810,752
32	Kansas	20000	$69,803,496
33	Iowa	19000	$67,118,726
34	Kentucky	21000	$64,580,817
35	Nevada	32000	$58,124,637
36	South Carolina	45000	$56,610,771
37	New Mexico	35000	$51,575,674
38	Hawaii	15000	$43,556,685
39	Nebraska	31000	$43,024,090
40	Maine	23000	$40,620,609
41	Montana	30000	$28,695,834
42	West Virginia	54000	$25,059,135
43	Vermont	50000	$21,016,649
44	Louisiana	22000	$20,991,407
45	Arkansas	05000	$20,524,921
46	Idaho	16000	$19,621,018
47	Mississippi	28000	$17,071,730
48	North Dakota	38000	$16,860,049
49	Wyoming	56000	$12,008,902
50	Alaska	02000	$8,340,513
51	South Dakota	46000	$2,216,314

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

This page was generated on 5/1/2025 3:13:56 AM