New Palo Alto
Supercluster · Pop. 26.9M · #5 city by EV
Enterprise value
How much New Palo Alto’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in New Palo Alto, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into New Palo Alto
VC investment into New Palo Alto-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Startup funnel
New Palo Alto's startup funnel
Companies headquartered in New Palo Alto at each stage today, by total VC raised. Hover a bar for the split.
Source: Dealroom.co
Quarterly report
New Palo Alto's latest quarter in venture capital
VC raised by New Palo Alto-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.
Latest complete quarter
Loading VC raised by New Palo Alto-headquartered companies…
Largest rounds
Largest funding rounds in New Palo Alto
A live treemap of the largest VC rounds. Each cell is one round into New Palo Alto-headquartered companies, grouped by Dealroom sector.
Largest rounds in New Palo Alto - 2026
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.
Location comparison
How New Palo Alto stacks up
Compare New Palo Alto with peers from the same city cohort — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top cities globally ranked by combined EV. New Palo Alto's row is highlighted (#5).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Bay Area | $20.1T | 8.0× | 895 | $158B | 24.9K |
| 2 | Seattle | $2.9T | 4.5× | 70 | $6.8B | 2,986 |
| 3 | Yangtze Delta Region | $2.1T | 2.7× | 221 | $10.2B | 7,083 |
| 4 | Austin | $2T | 13.7× | 60 | $7.9B | 2,740 |
| 5 | New Palo Alto | $1.8T | 4.5× | 322 | $35.1B | 27.4K |
| 6 | Jingjinji Metropolitan Region | $1.7T | 3.6× | 182 | $6.8B | 4,521 |
| 7 | Beijing | $1.6T | 3.5× | 178 | $6.7B | 4,335 |
| 8 | New York City | $1.5T | 5.0× | 325 | $32.2B | 16.7K |
| 9 | Los Angeles | $1.2T | 5.6× | 166 | $17.7B | 8,740 |
| 10 | Boston | $1.2T | 4.4× | 211 | $13B | 6,390 |
| 11 | Shanghai | $1T | 5.0× | 141 | $4.7B | 3,593 |
| 12 | Shenzhen | $1T | 1.9× | 54 | $2.3B | 2,267 |
Get the full New Palo Alto ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.