Select a State
Venture Capital Invested in 2020 adjusted to 2023
| Rank | State | FIPS Code | Adj. Value |
|---|
| 1 | California | 06000 | $102,987,253,373 |
| 2 | New York | 36000 | $21,094,889,690 |
| 3 | Massachusetts | 25000 | $19,376,127,930 |
| 4 | Texas | 48000 | $7,759,210,394 |
| 5 | Washington | 53000 | $5,863,615,963 |
| 6 | Colorado | 08000 | $4,110,829,808 |
| 7 | North Carolina | 37000 | $4,040,661,851 |
| 8 | Illinois | 17000 | $3,634,252,809 |
| 9 | Pennsylvania | 42000 | $3,102,812,945 |
| 10 | Florida | 12000 | $3,051,011,097 |
| 11 | Georgia | 13000 | $2,749,500,797 |
| 12 | Minnesota | 27000 | $2,620,584,835 |
| 13 | New Jersey | 34000 | $2,258,796,022 |
| 14 | Utah | 49000 | $2,032,633,864 |
| 15 | District of Columbia | 11000 | $1,755,140,785 |
| 16 | Ohio | 39000 | $1,723,117,824 |
| 17 | Maryland | 24000 | $1,562,414,365 |
| 18 | Virginia | 51000 | $1,491,775,482 |
| 19 | Connecticut | 09000 | $1,426,905,441 |
| 20 | Delaware | 10000 | $1,368,981,556 |
| 21 | Arizona | 04000 | $1,257,725,315 |
| 22 | Michigan | 26000 | $1,198,388,653 |
| 23 | Tennessee | 47000 | $916,539,510 |
| 24 | Oregon | 41000 | $878,983,170 |
| 25 | Missouri | 29000 | $766,549,614 |
| 26 | Montana | 30000 | $705,682,443 |
| 27 | Nevada | 32000 | $551,101,020 |
| 28 | Indiana | 18000 | $463,508,805 |
| 29 | Kentucky | 21000 | $393,576,311 |
| 30 | Wisconsin | 55000 | $380,861,312 |
| 31 | New Hampshire | 33000 | $231,342,342 |
| 32 | Kansas | 20000 | $228,516,787 |
| 33 | Alabama | 01000 | $201,320,817 |
| 34 | South Carolina | 45000 | $187,075,309 |
| 35 | Iowa | 19000 | $166,001,376 |
| 36 | New Mexico | 35000 | $163,293,552 |
| 37 | Maine | 23000 | $130,681,934 |
| 38 | North Dakota | 38000 | $125,384,018 |
| 39 | Nebraska | 31000 | $124,913,092 |
| 40 | Louisiana | 22000 | $115,730,037 |
| 41 | Idaho | 16000 | $106,782,445 |
| 42 | Rhode Island | 44000 | $83,000,688 |
| 43 | Wyoming | 56000 | $78,644,623 |
| 44 | Arkansas | 05000 | $72,169,392 |
| 45 | Vermont | 50000 | $67,813,328 |
| 46 | Oklahoma | 40000 | $56,275,644 |
| 47 | Hawaii | 15000 | $26,960,507 |
| 48 | South Dakota | 46000 | $23,193,100 |
| 49 | Alaska | 02000 | $17,424,258 |
| 50 | Mississippi | 28000 | $2,590,092 |
| 51 | West Virginia | 54000 | $588,657 |
Data Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report (tm) based on data from Thomson Financial
This page was generated on 5/1/2025 3:55:34 AM