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Denver

Metro area · United States · Pop. 3.2M · #45 city by EV

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

1,218 Pool of Funded Startups

New Startups

314 Annual Startups FoundedAll new ventures

101 Annual Startups FundedReceived investment

get funded 32%

936Startups

397 Pre-Seed Startups$100K–1M

285 Seed Startups$1–4M

254 Series A Startups$4–15M

Seed to Series A 33%

221Breakouts

153 Series B Breakouts$15–40M

A to Series B 38%

68 Series C Breakouts$40–100M

B to Series C 45%

61Scaleups

38 Mega Scaleups$100–250M

reach Mega 3.1%

23 Mega+ Scaleups$250M+

reach Mega+ 1.9%

30Valuation Outcomes

27 Unicorns($1–10B valuation)

reach Unicorn 2.2%

3 Decacorns($10–100B valuation)

reach Decacorn 0.25%

Pre-Seed

397

Seed

285

Series A

254

Series B

153

Series C

Unicorn

Decacorn

* 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.

Quarterly report

Denver's latest quarter in venture capital

VC raised by Denver-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.

Latest complete quarter

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Largest rounds

Largest funding rounds in Denver

A live treemap of the largest VC rounds. Each cell is one round into Denver-headquartered companies, grouped by Dealroom sector.

Largest rounds in Denver - 2026

Every $40M+ VC round into Denver-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

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VC investment

How much venture capital flows into Denver

VC investment into Denver-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Academia

Denver's academic flywheel

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

University-linked startup formation

University spinouts

547

Total alumni-founded companies

343

Of which startups (<$15M raised)

147

Breakouts ($15M-100M)

Scaleups ($100M+)

Location comparison

How Denver stacks up

Compare Denver 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.

$332B

$266B

$263B

$224B

$144B

$136B

$136B

Denver

$113B

Salt Lake City

$109B

Combined enterprise value of each ecosystem.

Top cities in United States ranked by combined EV. Denver's row is highlighted (#12).

#	Ecosystem	Combined EV	EV growth	Unicorns	VC invested	Tracked startups
1	Bay Area	$20.3T	9.7×	886	$157B	24.5K
2	Seattle	$2.9T	30.2×	70	$6.8B	2,947
3	Austin	$2T	22.1×	61	$7.8B	2,679
4	New York City	$1.6T	5.3×	328	$32.6B	16.6K
5	Boston	$1.2T	5.1×	209	$12.9B	6,293
6	Los Angeles	$911B	4.6×	163	$17.3B	8,638
7	Miami	$690B	12.3×	43	$2.9B	2,914
8	San Diego	$332B	5.3×	63	$3.4B	2,214
9	Chicago	$266B	3.3×	54	$2.2B	2,808
10	Washington DC	$263B	4.3×	55	$3.6B	2,336
11	Dallas	$224B	4.2×	47	$2.1B	2,053
15	Denver	$113B	4.9×	30	$4.7B	1,604

More data

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Country United States Country · North America · Pop. 340.1M · #1 country by EV Region North America Continent / region · Pop. 389.6M · #2 region by EV

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