2023 Competitiveness Redbook 2023 | Page 37

Venture Capital Investment ( 1st Quarter 2022 – 3rd Quarter 2022 ; 2021 Population )
Rank
Amount
Amount Per Capita
Rank
1 California
$ 90,921,560,513
$ 2,317.19
2
2 New York
$ 24,197,696,221
$ 1,219.89
4
3 Massachusetts
$ 16,446,056,814
$ 2,354.58
1
4 Texas
$ 7,717,135,213
$ 261.35
16
5 Washington
$ 6,355,195,241
$ 821.22
6
6 Florida
$ 5,783,528,248
$ 265.53
15
7 Colorado
$ 4,194,243,269
$ 721.64
8
8 Pennsylvania
$ 4,046,991,684
$ 312.17
11
9 North Carolina
$ 3,960,559,943
$ 375.37
10
10 Illinois
$ 3,550,046,741
$ 280.16
14
11 Virginia
$ 2,241,822,062
$ 259.40
17
12 Utah
$ 2,142,141,556
$ 641.75
9
13 Georgia
$ 1,990,799,214
$ 184.34
23
14 New Jersey
$ 1,918,534,454
$ 207.03
20
15 Ohio
$ 1,832,488,534
$ 155.56
26
16 Delaware
$ 1,758,222,277
$ 1,752.29
3
17 Minnesota
$ 1,230,244,306
$ 215.55
19
18 Maryland
$ 1,228,386,773
$ 199.25
21
19 Arizona
$ 1,060,511,872
$ 145.75
27
20 Connecticut
$ 1,033,712,422
$ 286.70
13
21 Michigan
$ 970,937,394
$ 96.60
32
22 Nevada
$ 918,418,271
$ 292.12
12
23 Tennessee
$ 816,253,469
$ 117.02
28
24 Oregon
$ 796,768,306
$ 187.64
22
25 Wyoming
$ 640,512,990
$ 1,106.62
5
26 South Carolina
$ 578,687,366
$ 111.49
29
27 Indiana
$ 512,631,579
$ 75.32
36
28 Vermont
$ 502,149,849
$ 777.84
7
29 Wisconsin
$ 497,686,201
$ 84.41
34
30 Nebraska
$ 492,356,237
$ 250.73
18
31 Missouri
$ 407,258,702
$ 66.03
37
32 Idaho
$ 306,457,454
$ 161.22
25
33 Kansas
$ 297,651,306
$ 101.43
30
34 Alabama
$ 275,273,621
$ 54.62
40
35 Arkansas
$ 236,009,200
$ 78.00
35
36 Montana
$ 185,572,009
$ 168.05
24
37 Oklahoma
$ 181,485,530
$ 45.52
44
38 Iowa
$ 176,086,073
$ 55.15
39
39 Mississippi
$ 168,603,946
$ 57.15
38
40 New Hampshire
$ 137,453,361
$ 98.96
31
41 Rhode Island
$ 102,447,582
$ 93.51
33
42 New Mexico
$ 101,391,841
$ 47.92
43
43 Louisiana
$ 71,635,272
$ 15.49
46
44 Maine
$ 67,530,755
$ 49.21
42
45 Kentucky
$ 62,168,405
$ 13.79
47
46 Hawaii
$ 49,822,188
$ 34.56
45
47 North Dakota
$ 39,002,502
$ 50.33
41
48 West Virginia
$ 9,839,651
$ 5.52
48
49 Alaska
$ 2,328,500
$ 3.18
49
50 South Dakota
$ 1,807,117
$ 2.02
50
Dist . of Columbia
$ 1,316,154,089
$ 1,964.26
United States
$ 196,554,258,123
$ 592.22
TABLE 30 Source : PitchBook-NVCA Venture Monitor
Washington ranked fifth in total venture capital investment and sixth in per capita investment .