Rank List: States in Profile

Venture Capital Deals Made in 2023

Rank	State	FIPS Code	Deals
1	California	06000	4,369
2	New York	36000	1,982
3	Texas	48000	928
4	Massachusetts	25000	859
5	Florida	12000	654
6	Delaware	10000	565
7	Washington	53000	423
8	Colorado	08000	405
9	Illinois	17000	382
10	Pennsylvania	42000	349
11	North Carolina	37000	280
12	Virginia	51000	275
13	New Jersey	34000	253
14	Georgia	13000	223
15	Maryland	24000	199
16	Ohio	39000	194
17	Michigan	26000	193
18	Minnesota	27000	175
19	Utah	49000	174
20	Indiana	18000	160
21	Connecticut	09000	152
22	Oregon	41000	151
23	Tennessee	47000	139
24	Arizona	04000	135
25	District of Columbia	11000	100
26	Nevada	32000	99
27	Missouri	29000	95
28	Wisconsin	55000	83
29	Kentucky	21000	76
30	Nebraska	31000	63
31	Oklahoma	40000	53
32	Alabama	01000	52
33	Iowa	19000	49
33	South Carolina	45000	49
33	Wyoming	56000	49
36	Kansas	20000	47
37	New Hampshire	33000	45
38	New Mexico	35000	42
39	Louisiana	22000	41
40	Maine	23000	38
41	Vermont	50000	32
42	Arkansas	05000	30
43	Idaho	16000	29
44	Montana	30000	26
45	North Dakota	38000	21
46	Rhode Island	44000	20
47	Hawaii	15000	17
48	Mississippi	28000	7
49	South Dakota	46000	6
50	Alaska	02000	5
51	West Virginia	54000	3

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

This page was generated on 6/27/2025 4:45:16 PM