Select a State
Venture Capital Invested in 2017 adjusted to 2023
| Rank | State | FIPS Code | Adj. Value |
|---|
| 1 | California | 06000 | $52,477,311,895 |
| 2 | New York | 36000 | $14,426,729,771 |
| 3 | Massachusetts | 25000 | $12,241,905,051 |
| 4 | Texas | 48000 | $4,346,279,670 |
| 5 | Washington | 53000 | $2,709,650,047 |
| 6 | Illinois | 17000 | $2,675,216,931 |
| 7 | Florida | 12000 | $1,937,453,236 |
| 8 | Colorado | 08000 | $1,665,220,297 |
| 9 | Georgia | 13000 | $1,662,485,537 |
| 10 | Pennsylvania | 42000 | $1,629,046,879 |
| 11 | North Carolina | 37000 | $1,387,766,452 |
| 12 | Utah | 49000 | $1,367,504,366 |
| 13 | Virginia | 51000 | $1,294,287,379 |
| 14 | New Jersey | 34000 | $1,290,558,161 |
| 15 | Arizona | 04000 | $1,204,040,295 |
| 16 | Minnesota | 27000 | $989,237,319 |
| 17 | District of Columbia | 11000 | $966,116,165 |
| 18 | Connecticut | 09000 | $896,877,011 |
| 19 | Maryland | 24000 | $839,447,049 |
| 20 | Michigan | 26000 | $589,092,191 |
| 21 | Tennessee | 47000 | $572,062,094 |
| 22 | Oregon | 41000 | $547,076,331 |
| 23 | Ohio | 39000 | $545,833,258 |
| 24 | Nevada | 32000 | $408,473,716 |
| 25 | Missouri | 29000 | $348,681,915 |
| 26 | Maine | 23000 | $299,456,233 |
| 27 | Montana | 30000 | $275,589,235 |
| 28 | Indiana | 18000 | $274,221,855 |
| 29 | Kansas | 20000 | $252,716,696 |
| 30 | Delaware | 10000 | $250,852,087 |
| 31 | Kentucky | 21000 | $214,927,284 |
| 32 | Wisconsin | 55000 | $201,004,869 |
| 33 | New Hampshire | 33000 | $189,444,292 |
| 34 | Idaho | 16000 | $156,378,556 |
| 35 | New Mexico | 35000 | $140,218,610 |
| 36 | Louisiana | 22000 | $138,229,693 |
| 37 | South Carolina | 45000 | $128,409,418 |
| 38 | Rhode Island | 44000 | $124,555,893 |
| 39 | Alabama | 01000 | $116,102,998 |
| 40 | Nebraska | 31000 | $107,774,410 |
| 41 | Iowa | 19000 | $71,973,914 |
| 42 | Vermont | 50000 | $48,852,760 |
| 43 | Oklahoma | 40000 | $40,524,173 |
| 43 | Wyoming | 56000 | $40,524,173 |
| 45 | Arkansas | 05000 | $32,568,507 |
| 46 | South Dakota | 46000 | $25,607,299 |
| 47 | Hawaii | 15000 | $22,251,003 |
| 48 | Mississippi | 28000 | $19,267,628 |
| 49 | North Dakota | 38000 | $7,334,129 |
| 50 | Alaska | 02000 | $3,604,911 |
| 51 | West Virginia | 54000 | $1,864,609 |
Data Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report (tm) based on data from Thomson Financial
This page was generated on 5/1/2025 3:28:49 AM