Rank List: States in Profile

Venture Capital Invested Per Deal in 2017 adjusted to 2023

Rank	State	FIPS Code	Adj. Value
1	Maine	23000	$17,615,073
2	Massachusetts	25000	$15,132,145
3	California	06000	$13,215,138
4	Montana	30000	$13,123,297
5	District of Columbia	11000	$11,781,904
6	New York	36000	$10,639,181
7	Utah	49000	$8,937,937
8	Georgia	13000	$8,749,924
9	Illinois	17000	$8,685,769
10	Arizona	04000	$8,246,851
11	Connecticut	09000	$7,473,975
12	New Jersey	34000	$7,130,156
13	Minnesota	27000	$7,015,868
14	New Hampshire	33000	$6,765,868
15	Washington	53000	$6,576,821
16	Texas	48000	$6,182,475
17	North Carolina	37000	$6,007,647
18	Virginia	51000	$5,964,458
19	Kansas	20000	$5,877,132
20	Nevada	32000	$5,835,339
21	Louisiana	22000	$5,759,571
22	Pennsylvania	42000	$5,617,403
23	Michigan	26000	$5,167,475
24	Maryland	24000	$4,996,709
25	Florida	12000	$4,929,906
26	Idaho	16000	$4,886,830
27	New Mexico	35000	$4,673,954
28	Kentucky	21000	$4,477,652
29	Rhode Island	44000	$4,448,425
30	Tennessee	47000	$4,434,590
31	Colorado	08000	$4,291,805
32	Missouri	29000	$4,200,987
33	Alabama	01000	$4,003,552
34	Nebraska	31000	$3,991,645
35	Oregon	41000	$3,907,688
36	Mississippi	28000	$3,853,526
37	South Dakota	46000	$3,658,186
38	Ohio	39000	$2,857,766
39	South Carolina	45000	$2,675,196
40	Indiana	18000	$2,562,821
41	Wyoming	56000	$2,383,775
42	Wisconsin	55000	$2,337,266
43	Delaware	10000	$2,322,705
44	Vermont	50000	$2,124,033
45	Iowa	19000	$1,945,241
46	Oklahoma	40000	$1,688,507
47	North Dakota	38000	$1,222,355
48	Arkansas	05000	$1,085,617
49	Hawaii	15000	$1,059,572
50	West Virginia	54000	$621,536
51	Alaska	02000	$450,614

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

This page was generated on 5/1/2025 2:48:00 AM