Rank List: States in Profile

Venture Capital Invested Per Deal in 2025 adjusted to 2024

Rank	State	FIPS Code	Adj. Value
1	Connecticut	09000	$118,328,312
2	California	06000	$63,620,513
3	Alabama	01000	$51,468,595
4	Kansas	20000	$37,438,605
5	Texas	48000	$26,969,188
6	Missouri	29000	$25,732,703
7	Maryland	24000	$25,426,375
8	Washington	53000	$23,173,514
9	Massachusetts	25000	$20,049,367
10	Pennsylvania	42000	$18,144,450
11	Hawaii	15000	$16,296,039
12	District of Columbia	11000	$13,815,854
13	North Carolina	37000	$12,284,373
14	Oklahoma	40000	$11,465,776
15	Colorado	08000	$11,456,289
16	Florida	12000	$10,968,113
17	Virginia	51000	$10,921,852
18	Georgia	13000	$10,529,608
19	New Jersey	34000	$9,889,467
20	Tennessee	47000	$9,773,515
21	New Mexico	35000	$9,432,837
22	New York	36000	$8,948,136
23	Minnesota	27000	$8,158,369
24	Arkansas	05000	$7,806,486
25	Illinois	17000	$7,155,534
26	Arizona	04000	$7,141,394
27	Delaware	10000	$7,036,766
28	Oregon	41000	$6,544,662
29	Montana	30000	$6,180,135
30	Nevada	32000	$5,637,525
31	Utah	49000	$5,191,986
32	Ohio	39000	$4,869,534
33	New Hampshire	33000	$3,917,183
34	Michigan	26000	$3,815,182
35	Wyoming	56000	$3,621,342
36	Idaho	16000	$2,943,696
37	Indiana	18000	$2,482,896
38	Maine	23000	$2,300,125
39	Wisconsin	55000	$2,257,376
40	South Carolina	45000	$1,963,102
41	West Virginia	54000	$1,951,621
42	Nebraska	31000	$1,821,513
43	Iowa	19000	$1,405,167
44	Louisiana	22000	$1,336,861
45	North Dakota	38000	$1,170,973
46	Kentucky	21000	$894,493
47	Vermont	50000	$780,649
48	Rhode Island	44000	$195,162
49	Mississippi	28000	$97,581

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

This page was generated on 7/4/2025 8:17:59 AM