Venture capital firms by state: 27 states

27 states have at least 15 venture capital firms in our data as of November 2026, led by California (1,038), New York (440) and Massachusetts (185). Together they hold 2,782 of the 2,975 US venture capital firms we list. Each state page breaks its firms down by city, stage and sector.

State	Fund filing or dated deal in the last 12 months	Metro areas	By stage	By sector
California (1,038)	481	Venture capital firms in the San Francisco Bay Area (768)Venture capital firms in Silicon Valley (341)Venture capital firms in Los Angeles (168)Venture capital firms in San Diego (25)	Seed investors in California (415)Seed investors in the San Francisco Bay Area (324)Pre-seed investors in California (207)Pre-seed investors in the San Francisco Bay Area (164)Seed investors in Silicon Valley (152)Series A investors in California (136)Series A investors in the San Francisco Bay Area (112)Growth-stage investors in California (89)Pre-seed investors in Silicon Valley (75)Growth-stage investors in the San Francisco Bay Area (71)Series A investors in Silicon Valley (67)Series B investors in California (60)Seed investors in Los Angeles (58)Growth-stage investors in Silicon Valley (41)Series B investors in Silicon Valley (29)Pre-seed investors in Los Angeles (22)Series A investors in Los Angeles (17)Growth-stage investors in Los Angeles (15)	AI investors in California (464)SaaS investors in California (433)AI investors in the San Francisco Bay Area (364)SaaS investors in the San Francisco Bay Area (347)Healthtech investors in California (240)Fintech investors in California (189)
New York (440)	228		Seed investors in New York (128)Pre-seed investors in New York (82)Growth-stage investors in New York (57)Series A investors in New York (49)Series B investors in New York (29)	AI investors in New York (159)SaaS investors in New York (138)Healthtech investors in New York (100)Fintech investors in New York (98)Consumer investors in New York (59)Medtech investors in New York (53)
Massachusetts (185)	92		Seed investors in Massachusetts (60)Pre-seed investors in Massachusetts (48)Series A investors in Massachusetts (18)Growth-stage investors in Massachusetts (18)	AI investors in Massachusetts (61)Healthtech investors in Massachusetts (58)SaaS investors in Massachusetts (55)Medtech investors in Massachusetts (37)Biotech investors in Massachusetts (37)Fintech investors in Massachusetts (26)
Texas (181)	80	Venture capital firms in Austin (95)Venture capital firms in Houston (34)Venture capital firms in Dallas-Fort Worth (33)	Seed investors in Texas (49)Seed investors in Austin (27)Pre-seed investors in Texas (25)Series A investors in Texas (15)	AI investors in Texas (56)SaaS investors in Texas (47)Healthtech investors in Texas (42)AI investors in Austin (30)SaaS investors in Austin (27)Fintech investors in Texas (27)
Florida (177)	93	Venture capital firms in Miami and South Florida (117)	Seed investors in Florida (64)Seed investors in Miami and South Florida (40)Pre-seed investors in Florida (30)Pre-seed investors in Miami and South Florida (23)Series A investors in Florida (21)Growth-stage investors in Florida (18)	AI investors in Florida (60)SaaS investors in Florida (56)AI investors in Miami and South Florida (39)SaaS investors in Miami and South Florida (37)Healthtech investors in Florida (37)Fintech investors in Florida (34)
Illinois (87)	42	Venture capital firms in Chicago (71)	Seed investors in Illinois (33)Series A investors in Illinois (20)Pre-seed investors in Illinois (16)Series A investors in Chicago (16)	AI investors in Illinois (35)SaaS investors in Illinois (32)AI investors in Chicago (28)Healthtech investors in Illinois (25)Fintech investors in Illinois (21)Industrial tech investors in Illinois (15)
Washington (69)	28		Seed investors in Washington (21)	AI investors in Washington (26)SaaS investors in Washington (22)
Colorado (67)	27	Venture capital firms in Denver and Boulder (52)	Seed investors in Colorado (22)Seed investors in Denver and Boulder (17)	AI investors in Colorado (23)SaaS investors in Colorado (22)AI investors in Denver and Boulder (19)SaaS investors in Denver and Boulder (18)
Connecticut (49)	18		Seed investors in Connecticut (17)	AI investors in Connecticut (17)SaaS investors in Connecticut (17)Healthtech investors in Connecticut (16)
Utah (48)	22			SaaS investors in Utah (21)AI investors in Utah (17)
Pennsylvania (43)	18	Venture capital firms in Philadelphia (19)	Seed investors in Pennsylvania (19)Series A investors in Pennsylvania (16)	SaaS investors in Pennsylvania (17)Healthtech investors in Pennsylvania (16)AI investors in Pennsylvania (15)
New Jersey (40)	20
Maryland (39)	20			SaaS investors in Maryland (16)
Tennessee (33)	17	Venture capital firms in Nashville (24)
Virginia (32)	12			SaaS investors in Virginia (16)
North Carolina (28)	17	Venture capital firms in the Research Triangle (20)
Nevada (28)	9	Venture capital firms in Las Vegas (16)
Georgia (27)	11	Venture capital firms in Atlanta (21)
Ohio (22)	9
District of Columbia (22)	12	Venture capital firms in the Washington DC area (62)	Seed investors in the Washington DC area (19)	SaaS investors in the Washington DC area (26)AI investors in the Washington DC area (25)Fintech investors in the Washington DC area (15)
Minnesota (20)	8
Arizona (20)	10
Michigan (18)	12
Missouri (18)	6
Wyoming (18)	8
Wisconsin (17)	6
Oregon (16)	8

The second column counts the firms on each state list whose latest fund filing or dated deal on file is dated in the last 12 months. A firm with no dated filing or deal on file is not counted. Each state page shows the same count at its top.

The 27 state lists above hold 2,782 firms. 21 more states and territories have fewer than 15 firms each (113 firms in all), so they have no page of their own; their firms are in the US list (2,975). 80 US venture capital firms have no state on file. 7 metro areas (New York City, Boston, Seattle, Fairfield County, Salt Lake City and Silicon Slopes, Minneapolis-Saint Paul and Phoenix and Scottsdale) hold almost all of their state's firms, so the state page is also the metro page.

Questions

Which US state has the most venture capital firms?

In our data, California with 1,038, then New York (440) and Massachusetts (185). The count covers VC firms, fund managers and corporate venture arms with a head office in the state.

How many states have a venture capital list here?

27. A state gets a page when it has at least 15 firms; 21 states and territories fall below that and are covered by the US list.

Venture capital firms by state: 27 states

Guides and tools

Questions