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Metro area · North America

Dallas

Metro area · United States · Pop. 7.6M · #32 city by EV

A public taster of the full Dallas ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

$195B+31%
Combined startup EV
$1.5B
VC invested (last 12mo)
1,866
Tracked startups
#51/ 199
Unicorns per 1M people · cities rank
🦄 Unicorns
31
31 live $1B+ companies
💎 Decacorns
2
$10B+ tier
🐎 Thoroughbreds
19
Top 1% growth · $500M+

Enterprise value · 2015–2025

Dallas grew 5.0× since 2015

Combined enterprise value of every tracked startup headquartered in Dallas that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $50B $100B $150B $200B Dallas · $198B 2015 2018 2021 2024 2025

Adjacent cities by EV

Startup funnel

Dallas's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
323
Seed
300
Series A
251
Series B
154
Series C
115
Unicorn
28
Decacorn
3

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Notable companies

Top private companies in Dallas

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 3
RealPageApplied DigitalCyrusOne
Unicorns $1B+ valuation 28
Teladoco9 SolutionsLTK (rewardStyle)Signify HealthTransplaceSoftLayerReata PharmaceuticalsConsenSysAlkamiIslandExelaCaris Life SciencesEmployers Direct HealthGetARoom.comTrue Velocity AmmunitionCompass DatacentersGENBANDSimpli.fiPoppiGoosehead Insurance+8 more
Thoroughbreds+ $100M+ revenue 18
TeladocRumbleONCaris Life SciencesAlkamiSolo BrandsEuropean Wax CenterApplied DigitalTaysha Gene TherapiesPoppio9 SolutionsOneSource VirtualSignify HealthExelaSimpli.fiRealPageConsenSysHomecare HomebaseGENBANDMetroPCS Communications

Academia

Dallas's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Dallas.

University-linked startup formation
8
University spinouts
484
Total alumni-founded companies
287
Of which startups (<$15M raised)
145
Breakouts ($15M-100M)
52
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Dallas stacks up

Peers chosen from the same country (United States), sized closest to Dallas by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$619B
$399B
$256B
Dallas
$195B
$143B
$136B
$116B
EV growth (5-yr ×) vs current EV
peer median 4.0× 1.1× 74.1× 147.0× $5.1B $321B $20.1T EV growth (5yr ×) Combined enterprise value (log) Bay Area Seattle Austin New York City Boston Los Angeles Miami San Diego Washington DC Chicago Philadelphia Research Triangle Phoenix Atlanta Salt Lake City Denver Minneapolis–Saint Paul Houston Dallas

Top overview

United States — top cities

Top cities in United States ranked by combined EV. Dallas's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 Bay Area $20.1T 7.9× 777 $157B 24.3K
2 Seattle $3.1T 10.6× 68 $6.6B 2,935
3 Austin $2T 14.0× 56 $8.1B 2,481
4 New York City $1.7T 5.3× 296 $31.2B 16.4K
5 Boston $1.2T 4.7× 185 $13.6B 6,194
6 Los Angeles $1.2T 5.8× 133 $18.3B 8,432
7 Miami $619B 12.9× 33 $2.9B 2,736
8 San Diego $399B 6.2× 52 $3.3B 2,230
9 Washington DC $317B 4.2× 45 $3.5B 2,318
10 Chicago $256B 3.5× 50 $2.1B 2,924
11 Dallas $195B 3.9× 31 $1.5B 1,866
12 Philadelphia $143B 6.8× 13 $2.1B 2,109

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Dallas dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Dallas's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Dallas's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Dallas's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Dallas's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Dallas
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Dallas
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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