Rank List: States in Profile

Venture Capital Deals Made in 2021

Rank	State	FIPS Code	Deals
1	California	06000	6,364
2	New York	36000	2,688
3	Massachusetts	25000	1,175
4	Texas	48000	1,158
5	Florida	12000	858
6	Delaware	10000	580
7	Washington	53000	573
8	Colorado	08000	558
9	Illinois	17000	497
10	Pennsylvania	42000	391
11	North Carolina	37000	365
12	Georgia	13000	322
13	Virginia	51000	311
14	New Jersey	34000	303
15	Utah	49000	268
16	Maryland	24000	242
17	Michigan	26000	239
18	Ohio	39000	221
19	Oregon	41000	209
20	Arizona	04000	204
21	Minnesota	27000	201
22	Connecticut	09000	199
23	Tennessee	47000	170
24	Indiana	18000	159
25	Nevada	32000	143
26	Missouri	29000	132
27	District of Columbia	11000	117
28	Wisconsin	55000	115
29	South Carolina	45000	77
30	Alabama	01000	67
31	Kentucky	21000	64
32	Nebraska	31000	62
33	Iowa	19000	58
34	Wyoming	56000	55
35	New Hampshire	33000	54
36	Kansas	20000	48
37	New Mexico	35000	43
38	Idaho	16000	40
39	Oklahoma	40000	39
40	Arkansas	05000	38
41	Rhode Island	44000	37
42	Maine	23000	34
42	Vermont	50000	34
44	Louisiana	22000	33
45	Montana	30000	32
46	Hawaii	15000	24
47	West Virginia	54000	14
48	North Dakota	38000	11
49	Mississippi	28000	9
50	Alaska	02000	8
50	South Dakota	46000	8

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

This page was generated on 9/13/2026 5:59:11 AM