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Duluth

Metro area · United States · Pop. 327K

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

🦄 Unicorns & $1B exits
0
Ever reached $1B · annual outcomes, zero-filled
🐎 Thoroughbreds
0
2024→2025 movement · +0 new
Enterprise value
$305.6M
Actual EV series, 2015-2025

Largest rounds

Largest funding rounds in Duluth

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

Largest rounds in Duluth - 2026

Every $15M+ VC round into Duluth-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
Live from Dealroom API Open full VC dashboard

Startup funnel

Duluth'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
5
Seed
3
Series A
2
Series B
4
Series C
1

* Conversion rates are derived from current counts.

VC investment

How much venture capital flows into Duluth

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

Academia

Duluth's academic flywheel

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

University-linked startup formation
2
University spinouts
18
Total alumni-founded companies
13
Of which startups (<$15M raised)
3
Breakouts ($15M-100M)
2
Scaleups ($100M+)

Location comparison

How Duluth stacks up

Compare Duluth 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.

$1.1B
$1B
$741.4M
$614.6M
Duluth
$305.6M
$96M

Combined enterprise value of each ecosystem.

Get the full Duluth ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.