Ann Arbor
Metro area · United States · Pop. 318K
Enterprise value
How much Ann Arbor’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Ann Arbor, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into Ann Arbor
VC investment into Ann Arbor-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Startup funnel
Ann Arbor's startup funnel
Companies headquartered in Ann Arbor at each stage today, by total VC raised. Hover a bar for the split.
Source: Dealroom.co
Quarterly report
Ann Arbor's latest quarter in venture capital
VC raised by Ann Arbor-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.
Latest complete quarter
Loading VC raised by Ann Arbor-headquartered companies…
Largest rounds
Largest funding rounds in Ann Arbor
A live treemap of the largest VC rounds. Each cell is one round into Ann Arbor-headquartered companies, grouped by Dealroom sector.
Largest rounds in Ann Arbor - 2026
Academia
Ann Arbor's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Ann Arbor.
Location comparison
How Ann Arbor stacks up
Compare Ann Arbor with peers from the same country (United States) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top cities in United States ranked by combined EV. Ann Arbor's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Bay Area | $20.1T | 8.0× | 895 | $158B | 24.9K |
| 2 | Seattle | $2.9T | 4.5× | 70 | $6.8B | 2,986 |
| 3 | Austin | $2T | 13.7× | 60 | $7.9B | 2,740 |
| 4 | New York City | $1.5T | 5.0× | 325 | $32.2B | 16.7K |
| 5 | Los Angeles | $1.2T | 5.6× | 166 | $17.7B | 8,740 |
| 6 | Boston | $1.2T | 4.4× | 211 | $13B | 6,390 |
| 7 | Miami | $684B | 11.9× | 43 | $3B | 2,955 |
| 8 | San Diego | $326B | 5.0× | 64 | $3.4B | 2,247 |
| 9 | Washington DC | $285B | 3.4× | 62 | $4.3B | 2,576 |
| 10 | Chicago | $264B | 3.7× | 54 | $2.3B | 2,848 |
| 11 | Dallas | $225B | 4.1× | 48 | $2.1B | 2,078 |
| 47 | Ann Arbor | $14.1B | 2.9× | 2 | $400.3M | 269 |
More data
Explore Dealroom data →Get the full Ann Arbor ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.