New Palo Alto
Supercluster · Pop. 26.9M · #5 city by EV
Enterprise value · 2015–2025
New Palo Alto grew 6.5× since 2015
Combined enterprise value of every tracked startup headquartered in New Palo Alto that's still operating today — public and private companies combined, totalled by founding-year cohort.
Adjacent cities by EV
Startup funnel
New Palo Alto'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.
* 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 New Palo Alto
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
Academia
New Palo Alto's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to New Palo Alto.
Vs. similarly-sized ecosystems
How New Palo Alto stacks up
Peers chosen from the same city cohort, sized closest to New Palo Alto by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.
Top overview
Top cities — combined view
Top cities globally ranked by combined EV. New Palo Alto'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 | Yangtze Delta Region | $1.9T | 2.6× | 190 | $9B | 6,728 |
| 5 | New Palo Alto | $1.8T | 4.4× | 298 | $32.1B | 26.3K |
| 6 | Jingjinji Metropolitan Region | $1.7T | 3.7× | 175 | $6.4B | 4,437 |
| 7 | New York City | $1.7T | 5.3× | 296 | $31.2B | 16.4K |
| 8 | Beijing | $1.7T | 3.6× | 169 | $6.3B | 4,257 |
| 9 | Boston | $1.2T | 4.7× | 185 | $13.6B | 6,194 |
| 10 | Los Angeles | $1.2T | 5.8× | 133 | $18.3B | 8,432 |
| 11 | Shenzhen | $1T | 1.9× | 45 | $2B | 2,115 |
| 12 | Shanghai | $924B | 4.9× | 122 | $3.8B | 3,462 |
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 New Palo Alto dataset — or see a sample on the Dealroom app.
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