Select a State
Venture Capital Invested Per Deal in 2021 adjusted to 2024
| Rank | State | FIPS Code | Adj. Value |
|---|
| 1 | Massachusetts | 25000 | $35,386,949 |
| 2 | California | 06000 | $29,549,012 |
| 3 | District of Columbia | 11000 | $25,086,122 |
| 4 | New York | 36000 | $21,984,688 |
| 5 | Vermont | 50000 | $21,449,640 |
| 6 | Illinois | 17000 | $21,250,985 |
| 7 | Pennsylvania | 42000 | $20,196,445 |
| 8 | New Jersey | 34000 | $20,196,190 |
| 9 | Utah | 49000 | $19,150,028 |
| 10 | Nevada | 32000 | $17,395,597 |
| 11 | Colorado | 08000 | $16,947,858 |
| 12 | Arizona | 04000 | $16,428,690 |
| 13 | Oregon | 41000 | $16,335,566 |
| 14 | Nebraska | 31000 | $15,714,637 |
| 15 | Minnesota | 27000 | $15,520,483 |
| 16 | Washington | 53000 | $15,314,535 |
| 17 | Connecticut | 09000 | $15,204,238 |
| 18 | Kansas | 20000 | $15,194,184 |
| 19 | Maryland | 24000 | $15,013,122 |
| 20 | Georgia | 13000 | $14,848,430 |
| 21 | Ohio | 39000 | $14,185,167 |
| 22 | Texas | 48000 | $13,954,493 |
| 23 | North Carolina | 37000 | $12,926,075 |
| 24 | Florida | 12000 | $11,616,426 |
| 25 | Missouri | 29000 | $11,488,820 |
| 26 | Idaho | 16000 | $11,431,815 |
| 27 | Arkansas | 05000 | $9,274,080 |
| 28 | Virginia | 51000 | $9,044,721 |
| 29 | Tennessee | 47000 | $7,917,538 |
| 30 | Delaware | 10000 | $7,739,447 |
| 31 | Oklahoma | 40000 | $7,501,586 |
| 32 | North Dakota | 38000 | $6,820,501 |
| 33 | Wisconsin | 55000 | $6,493,007 |
| 34 | South Carolina | 45000 | $5,574,666 |
| 35 | Michigan | 26000 | $5,475,014 |
| 36 | Mississippi | 28000 | $5,453,828 |
| 37 | Maine | 23000 | $5,384,647 |
| 38 | New Hampshire | 33000 | $4,868,692 |
| 39 | Hawaii | 15000 | $4,843,617 |
| 40 | Alabama | 01000 | $4,674,230 |
| 41 | Iowa | 19000 | $4,671,813 |
| 42 | New Mexico | 35000 | $4,580,619 |
| 43 | Rhode Island | 44000 | $4,521,859 |
| 44 | Montana | 30000 | $4,402,586 |
| 45 | Indiana | 18000 | $4,266,873 |
| 46 | Kentucky | 21000 | $4,188,596 |
| 47 | Louisiana | 22000 | $4,008,371 |
| 48 | Wyoming | 56000 | $2,869,642 |
| 49 | South Dakota | 46000 | $2,460,011 |
| 50 | West Virginia | 54000 | $2,190,634 |
| 51 | Alaska | 02000 | $1,337,731 |
Data Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report (tm) based on data from Thomson Financial
This page was generated on 12/13/2025 10:19:03 PM