Rank List: States in Profile

Venture Capital Invested Per Deal in 2022 adjusted to 2024

Rank	State	FIPS Code	Adj. Value
1	Massachusetts	25000	$22,452,522
2	California	06000	$18,387,454
3	Connecticut	09000	$17,410,544
4	Vermont	50000	$16,000,682
5	Washington	53000	$15,523,099
6	Colorado	08000	$15,415,146
7	North Carolina	37000	$15,322,262
8	Kansas	20000	$13,509,645
9	Utah	49000	$12,706,567
10	Texas	48000	$12,575,882
11	New York	36000	$12,474,868
12	Florida	12000	$12,026,750
13	Illinois	17000	$11,983,216
14	Nebraska	31000	$11,645,305
15	Minnesota	27000	$11,498,274
16	Virginia	51000	$11,278,754
17	Montana	30000	$10,488,593
18	District of Columbia	11000	$10,153,190
19	Ohio	39000	$10,131,114
20	Arkansas	05000	$9,424,020
21	Maryland	24000	$9,014,993
22	Nevada	32000	$8,790,119
23	Georgia	13000	$8,263,259
24	Arizona	04000	$8,254,539
25	New Hampshire	33000	$8,115,610
26	New Jersey	34000	$8,094,989
27	Pennsylvania	42000	$7,944,110
28	Idaho	16000	$7,322,084
29	New Mexico	35000	$7,219,583
30	Rhode Island	44000	$7,034,872
31	Missouri	29000	$6,916,234
32	Tennessee	47000	$6,835,597
33	Alabama	01000	$6,711,574
34	North Dakota	38000	$6,613,457
35	Mississippi	28000	$6,216,864
36	Michigan	26000	$6,033,430
37	Oregon	41000	$5,942,196
38	Wisconsin	55000	$5,836,746
39	Delaware	10000	$5,677,365
40	Oklahoma	40000	$5,415,638
41	Louisiana	22000	$4,973,491
42	Iowa	19000	$4,873,741
43	Hawaii	15000	$4,399,340
44	Indiana	18000	$3,978,770
45	Wyoming	56000	$3,454,018
46	South Carolina	45000	$3,369,158
47	Maine	23000	$2,457,063
48	South Dakota	46000	$1,447,029
49	Kentucky	21000	$1,297,994
50	West Virginia	54000	$1,226,699
51	Alaska	02000	$675,280

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

This page was generated on 12/13/2025 10:17:17 PM