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Research Triangle

Metro area · United States · Pop. 2.4M · #38 city by EV

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918 Pool of Funded Startups

New Startups

178 Annual Startups FoundedAll new ventures

72 Annual Startups FundedReceived investment

get funded 41%

663Startups

219 Pre-Seed Startups$100K–1M

232 Seed Startups$1–4M

Pre-Seed to Seed 41%

212 Series A Startups$4–15M

Seed to Series A 26%

196Breakouts

121 Series B Breakouts$15–40M

A to Series B 39%

75 Series C Breakouts$40–100M

B to Series C 42%

59Scaleups

43 Mega Scaleups$100–250M

reach Mega 4.7%

16 Mega+ Scaleups$250M+

reach Mega+ 1.7%

27Valuation Outcomes

25 Unicorns($1–10B valuation)

reach Unicorn 2.7%

2 Decacorns($10–100B valuation)

reach Decacorn 0.22%

Pre-Seed

219

Seed

232

Series A

212

Series B

121

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.

Largest rounds

Largest funding rounds in Research Triangle

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

Largest rounds in Research Triangle - 2026

Every $15M+ VC round into Research Triangle-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

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VC investment

How much venture capital flows into Research Triangle

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

Academia

Research Triangle's academic flywheel

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

University-linked startup formation

289

University spinouts

1,548

Total alumni-founded companies

884

Of which startups (<$15M raised)

450

Breakouts ($15M-100M)

214

Scaleups ($100M+)

Location comparison

How Research Triangle stacks up

Compare Research Triangle 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.

$323B

$264B

$262B

$223B

Research Triangle

$143B

$143B

$126B

$113B

$108B

Combined enterprise value of each ecosystem.

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

#	Ecosystem	Combined EV	EV growth	Unicorns	VC invested	Tracked startups
1	Bay Area	$20T	8.0×	875	$156B	24.4K
2	Seattle	$2.9T	4.5×	69	$6.8B	2,947
3	Austin	$2T	13.8×	61	$7.9B	2,674
4	New York City	$1.6T	5.0×	330	$32.5B	16.6K
5	Los Angeles	$1.2T	5.6×	159	$17.4B	8,614
6	Boston	$1.1T	4.3×	205	$12.8B	6,290
7	Miami	$681B	12.4×	42	$2.9B	2,912
8	San Diego	$323B	5.0×	64	$3.4B	2,211
9	Chicago	$264B	3.7×	54	$2.2B	2,805
10	Washington DC	$262B	3.3×	54	$3.5B	2,329
11	Dallas	$223B	4.0×	44	$2.1B	2,054
12	Research Triangle	$143B	2.8×	27	$1.8B	1,051

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. 60M · #2 region by EV

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