Select a State
Venture Capital Invested in 2018 adjusted to 2023
| Rank | State | FIPS Code | Adj. Value |
|---|
| 1 | California | 06000 | $79,193,130,606 |
| 2 | New York | 36000 | $19,057,601,982 |
| 3 | District of Columbia | 11000 | $17,870,377,266 |
| 4 | Massachusetts | 25000 | $15,650,519,442 |
| 5 | Texas | 48000 | $5,397,843,855 |
| 6 | Florida | 12000 | $4,034,185,703 |
| 7 | Washington | 53000 | $4,012,707,905 |
| 8 | North Carolina | 37000 | $3,356,239,618 |
| 9 | Arizona | 04000 | $3,052,759,547 |
| 10 | Illinois | 17000 | $2,485,236,040 |
| 11 | Colorado | 08000 | $2,365,348,670 |
| 12 | Pennsylvania | 42000 | $2,340,473,255 |
| 13 | Utah | 49000 | $2,218,765,733 |
| 14 | Minnesota | 27000 | $1,709,608,445 |
| 15 | Maryland | 24000 | $1,669,322,406 |
| 16 | New Jersey | 34000 | $1,643,476,242 |
| 17 | Ohio | 39000 | $1,568,364,621 |
| 18 | Georgia | 13000 | $1,369,968,014 |
| 19 | Virginia | 51000 | $1,332,472,875 |
| 20 | Montana | 30000 | $962,617,914 |
| 21 | Michigan | 26000 | $896,849,742 |
| 22 | Wisconsin | 55000 | $785,699,104 |
| 23 | Oregon | 41000 | $773,928,786 |
| 24 | Connecticut | 09000 | $661,928,744 |
| 25 | Tennessee | 47000 | $518,015,363 |
| 26 | Missouri | 29000 | $509,642,662 |
| 27 | Indiana | 18000 | $431,497,454 |
| 28 | Nevada | 32000 | $336,728,188 |
| 29 | Delaware | 10000 | $320,589,503 |
| 30 | Kansas | 20000 | $310,396,650 |
| 31 | Nebraska | 31000 | $252,637,148 |
| 32 | South Carolina | 45000 | $216,234,101 |
| 33 | Kentucky | 21000 | $200,580,791 |
| 34 | New Mexico | 35000 | $153,742,203 |
| 35 | Idaho | 16000 | $139,909,045 |
| 36 | New Hampshire | 33000 | $136,875,458 |
| 37 | Oklahoma | 40000 | $114,790,943 |
| 38 | Iowa | 19000 | $102,899,280 |
| 39 | Alabama | 01000 | $90,400,901 |
| 40 | Arkansas | 05000 | $67,952,355 |
| 41 | Rhode Island | 44000 | $66,010,859 |
| 42 | Wyoming | 56000 | $49,750,831 |
| 43 | North Dakota | 38000 | $48,780,083 |
| 44 | Maine | 23000 | $48,052,022 |
| 45 | Vermont | 50000 | $47,566,648 |
| 46 | Louisiana | 22000 | $37,859,169 |
| 47 | South Dakota | 46000 | $34,461,551 |
| 48 | Mississippi | 28000 | $27,180,942 |
| 49 | Hawaii | 15000 | $19,172,272 |
| 50 | Alaska | 02000 | $10,192,853 |
| 51 | West Virginia | 54000 | $6,673,892 |
Data Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report (tm) based on data from Thomson Financial
This page was generated on 5/1/2025 3:38:48 AM