Rank List: States in Profile

Venture Capital Invested Per Deal in 2016 adjusted to 2023

Rank	State	FIPS Code	Adj. Value
1	California	06000	$14,912,487
2	Massachusetts	25000	$14,341,564
3	Arizona	04000	$11,142,490
4	New York	36000	$9,921,426
5	Colorado	08000	$9,283,718
6	Utah	49000	$9,096,080
7	New Jersey	34000	$8,157,511
8	New Hampshire	33000	$7,686,576
9	Pennsylvania	42000	$7,278,924
10	Montana	30000	$7,032,229
11	North Carolina	37000	$6,833,870
12	Florida	12000	$6,315,329
13	Minnesota	27000	$6,056,752
14	Virginia	51000	$6,008,782
15	District of Columbia	11000	$5,943,103
16	Washington	53000	$5,770,377
17	Illinois	17000	$5,756,207
18	Nebraska	31000	$5,188,018
19	Texas	48000	$4,786,416
20	Maryland	24000	$4,620,863
21	Hawaii	15000	$4,351,110
22	Tennessee	47000	$4,240,505
23	Georgia	13000	$4,022,009
24	West Virginia	54000	$3,971,892
25	South Dakota	46000	$3,947,161
26	Kansas	20000	$3,925,597
27	Connecticut	09000	$3,693,250
28	Ohio	39000	$3,486,694
29	Oregon	41000	$3,443,032
30	Nevada	32000	$3,439,807
31	Kentucky	21000	$3,242,654
32	Vermont	50000	$3,165,696
33	Indiana	18000	$2,971,034
34	Wisconsin	55000	$2,851,391
35	Missouri	29000	$2,806,306
36	Delaware	10000	$2,522,622
37	Michigan	26000	$2,478,654
38	Iowa	19000	$2,257,599
39	Louisiana	22000	$2,233,623
40	Alabama	01000	$2,217,987
41	New Mexico	35000	$2,150,308
42	South Carolina	45000	$1,873,973
43	Arkansas	05000	$1,791,483
44	Mississippi	28000	$1,713,899
45	Idaho	16000	$1,534,045
46	Rhode Island	44000	$1,448,086
47	Oklahoma	40000	$1,286,482
48	North Dakota	38000	$1,197,009
49	Wyoming	56000	$1,053,730
50	Maine	23000	$862,239
51	Alaska	02000	$729,994

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

This page was generated on 5/1/2025 2:37:09 AM