Venture capital by state
For anyone raising money in a state: who’s there, and what they’re doing.
- Venture firms. The ones based there, and the new funds they’ve started raising.
- Other capital. Angel groups, SBICs, lenders, and grant programs.
- LPs and family offices. The LPs based there that report holding venture funds, and the family offices registered with the SEC.
2,211 venture firms across every state and DC
| State | Venture firms | New funds | Other capital | LPs | Family offices |
|---|---|---|---|---|---|
| Alabama | 7 | 0 | 34 | 6 | 1 |
| Alaska | 0 | 0 | 10 | 3 | 0 |
| Arizona | 8 | 1 | 27 | 11 | 5 |
| Arkansas | 2 | 0 | 34 | 1 | 0 |
| California | 826 | 141 | 274 | 188 | 12 |
| Colorado | 46 | 5 | 28 | 43 | 6 |
| Connecticut | 37 | 11 | 75 | 21 | 2 |
| Delaware | 11 | 0 | 8 | 74 | 0 |
| Washington, DC | 23 | 1 | 42 | 20 | 0 |
| Florida | 104 | 9 | 82 | 62 | 16 |
| Georgia | 28 | 7 | 57 | 20 | 4 |
| Hawaii | 1 | 0 | 9 | 5 | 0 |
| Idaho | 4 | 0 | 9 | 1 | 0 |
| Illinois | 75 | 7 | 181 | 68 | 6 |
| Indiana | 4 | 0 | 43 | 15 | 0 |
| Iowa | 4 | 0 | 13 | 5 | 2 |
| Kansas | 2 | 0 | 14 | 4 | 1 |
| Kentucky | 6 | 1 | 18 | 2 | 1 |
| Louisiana | 4 | 0 | 57 | 4 | 1 |
| Maine | 2 | 1 | 16 | 9 | 0 |
| Maryland | 33 | 10 | 57 | 36 | 2 |
| Massachusetts | 149 | 20 | 113 | 67 | 6 |
| Michigan | 17 | 0 | 80 | 31 | 2 |
| Minnesota | 12 | 1 | 104 | 32 | 1 |
| Mississippi | 0 | 0 | 58 | 1 | 0 |
| Missouri | 17 | 3 | 84 | 17 | 5 |
| Montana | 2 | 0 | 11 | 5 | 0 |
| Nebraska | 0 | 0 | 23 | 8 | 0 |
| Nevada | 21 | 3 | 12 | 8 | 0 |
| New Hampshire | 7 | 3 | 12 | 4 | 1 |
| New Jersey | 16 | 13 | 69 | 36 | 5 |
| New Mexico | 2 | 0 | 16 | 6 | 0 |
| New York | 367 | 56 | 308 | 219 | 11 |
| North Carolina | 18 | 3 | 73 | 22 | 5 |
| North Dakota | 0 | 0 | 7 | 3 | 0 |
| Ohio | 17 | 6 | 87 | 42 | 4 |
| Oklahoma | 2 | 0 | 28 | 3 | 0 |
| Oregon | 5 | 0 | 18 | 16 | 1 |
| Pennsylvania | 35 | 2 | 126 | 43 | 6 |
| Rhode Island | 1 | 0 | 13 | 4 | 0 |
| South Carolina | 3 | 0 | 21 | 3 | 0 |
| South Dakota | 0 | 0 | 15 | 4 | 1 |
| Tennessee | 33 | 5 | 56 | 22 | 0 |
| Texas | 120 | 14 | 145 | 75 | 12 |
| Utah | 43 | 4 | 36 | 16 | 0 |
| Vermont | 6 | 0 | 7 | 4 | 0 |
| Virginia | 31 | 13 | 59 | 21 | 1 |
| Washington | 31 | 8 | 58 | 37 | 3 |
| West Virginia | 0 | 0 | 16 | 2 | 0 |
| Wisconsin | 13 | 0 | 51 | 19 | 0 |
| Wyoming | 16 | 0 | 2 | 4 | 0 |