San Diego
Metro area · United States · Pop. 3.2M · #19 city by EV
* 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 Diego's latest quarter in venture capital
VC raised by San Diego-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 Diego-headquartered companies…
Largest rounds
Largest funding rounds in San Diego
A live treemap of the largest VC rounds. Each cell is one round into San Diego-headquartered companies, grouped by Dealroom sector.
Largest rounds in San Diego - 2026
VC investment
How much venture capital flows into San Diego
VC investment into San Diego-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Academia
San Diego's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to San Diego.
Location comparison
How San Diego stacks up
Compare San Diego 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 Diego's row is highlighted (#8).
| # | 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 |
| 12 | Research Triangle | $144B | 3.4× | 27 | $1.7B | 1,053 |
More data
Explore Dealroom data →Get the full San Diego ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.