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Metro area · North America

Research Triangle

Metro area · United States · Pop. 2.4M · #40 city by EV

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

🦄 New unicorns by year
2
Annual $1B+ outcomes, unsmoothed
🐎 Cumulative thoroughbreds
13
Company revenue history, 2016-2025
Enterprise value
$106B
Actual EV series, 2015-2025

Largest rounds

Largest funding rounds in Research Triangle

A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into Research Triangle-headquartered companies, grouped by Dealroom sector.

Largest rounds in Research Triangle - 2026

Every $100M+ VC round into Research Triangle-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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Startup funnel

Research Triangle'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
208
Seed
209
Series A
194
Series B
109
Series C
66
Unicorn
19
Decacorn
2

* 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.

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. Live from the Dealroom Next Gen API.

Notable companies

Top private companies in Research Triangle

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 2
Red HatEpic Games
Unicorns $1B+ valuation 19
Veloxis PharmaceuticalsLiquidia TechnologiesCardioxyl PharmaceuticalsAvalaraArysta Life ScienceCardinal Infrastructure GroupBrightlyKriya TherapeuticsAskBioPendoBrii BiosciencesJupiterOneAreteia TherapeuticsTeamworksHumacyteSAGE TherapeuticsExtreme NetworksInsight softwareScience 37
Thoroughbreds+ $100M+ revenue 13
Red HatExtreme NetworksBioventusCardinal Infrastructure GroupPendoTeamworksPrecision BioSciencesEpic GamesInsight softwareSAGE TherapeuticsAvalaraAerie PharmaceuticalsChannelAdvisorIntelerad Medical SystemsBrightly

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
170
University spinouts
1,296
Total alumni-founded companies
731
Of which startups (<$15M raised)
391
Breakouts ($15M-100M)
174
Scaleups ($100M+)

Location comparison

How Research Triangle stacks up

Compare Research Triangle 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.

$399B
$256B
$195B
$143B
Research Triangle
$141B
$136B
$116B

Combined enterprise value of each ecosystem.

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 Research Triangle dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Research Triangle's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Research Triangle's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Research Triangle's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Research Triangle's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Research Triangle
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Research Triangle
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.