San Antonio
Metro area · United States · Pop. 2.6M
* 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.
Quarterly report
San Antonio's latest quarter in venture capital
VC raised by San Antonio-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.
Latest complete quarter
Loading VC raised by San Antonio-headquartered companies…
Largest rounds
Largest funding rounds in San Antonio
A live treemap of the largest VC rounds. Each cell is one round into San Antonio-headquartered companies, grouped by Dealroom sector.
Largest rounds in San Antonio - 2026
VC investment
How much venture capital flows into San Antonio
VC investment into San Antonio-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Academia
San Antonio's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to San Antonio.
Location comparison
How San Antonio stacks up
Compare San Antonio 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.
Combined enterprise value of each ecosystem.
Top cities in United States ranked by combined EV. San Antonio's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Bay Area | $20.3T | 9.7× | 886 | $157B | 24.5K |
| 2 | Seattle | $2.9T | 30.2× | 70 | $6.8B | 2,947 |
| 3 | Austin | $2T | 22.1× | 61 | $7.8B | 2,679 |
| 4 | New York City | $1.6T | 5.3× | 328 | $32.6B | 16.6K |
| 5 | Boston | $1.2T | 5.1× | 209 | $12.9B | 6,293 |
| 6 | Los Angeles | $911B | 4.6× | 163 | $17.3B | 8,638 |
| 7 | Miami | $690B | 12.3× | 43 | $2.9B | 2,914 |
| 8 | San Diego | $332B | 5.3× | 63 | $3.4B | 2,214 |
| 9 | Chicago | $266B | 3.3× | 54 | $2.2B | 2,808 |
| 10 | Washington DC | $263B | 4.3× | 55 | $3.6B | 2,336 |
| 11 | Dallas | $224B | 4.2× | 47 | $2.1B | 2,053 |
| 52 | San Antonio | $8.6B | 2.6× | 6 | $150M | 255 |
More data
Explore Dealroom data →Get the full San Antonio ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.