Duluth
Metro area · United States · Pop. 327K
Largest rounds
Largest funding rounds in Duluth
A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into Duluth-headquartered companies, grouped by Dealroom sector.
Largest rounds in Duluth - 2026
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.
* 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. Live from the Dealroom Next Gen API.
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.
Location comparison
How Duluth stacks up
Compare Duluth with peers from the same country (United States) — switch between combined EV, 5-year 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. Duluth's row is highlighted (#12).
| # | 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 |
| 99 | Duluth | $590M | 1.0× | 0 | $0 | 33 |
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 Duluth dataset — or see a sample on the Dealroom app.
Get the full Duluth ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.