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United States

North America · Pop. 340.1M · #1 startup ecosystem by EV

A public taster of the full United States 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
168
Annual $1B+ outcomes, unsmoothed
🐎 Cumulative thoroughbreds
1,468
Company revenue history, 2016-2025
Enterprise value
$33.8T
Actual EV series, 2015-2025

Largest rounds

Largest funding rounds in United States

A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into a United States-headquartered company, grouped by Dealroom sector.

Largest rounds in United States - 2026

Every $100M+ VC round into United States-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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Startup hubs

Inside United States: top 12 startup hubs

Sub-national ecosystems ranked by combined enterprise value, paired with their 5-year growth multiplier.

By enterprise value
By 5-yr EV growth

Startup funnel

United States'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
23.5K
Seed
19.5K
Series A
18.5K
Series B
10.7K
Series C
6,609
Unicorn
1,887
Decacorn
204

* 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 United States

VC investment into United States-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 United States

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 204
CarvanaVonageThinking Machines LabRobinhoodCloudflareAirbnbAstera LabsX.DatadogeBayAndurilBlockBloom EnergyDoorDashRocket LabCerebras SystemsMonolithic Power SystemsCoreWeaveCienaSnowflake
Unicorns $1B+ valuation 1,887
RingCentralCredit KarmaTandem Diabetes CareInspire Medical SystemsBlackLineIntegral Ad ScienceTogether23andMeYotpoSiFiveZapierMixpanelID.meAstranisFeverSignify HealthSalesLoftSorrento TherapeuticsHarkEon+1859 more
Thoroughbreds+ $100M+ revenue 1,468
AmazonAlphabet | GoogleMetaNvidiaTeslaBroadcomUberNetflixSalesforceCoupangPayPalBlockCarvanaAnthropicLinkedInBitGoSpaceX | xAIVonageDoorDashServiceNow

Academia

United States's academic flywheel

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

University ranking By alumni-founded unicorns & companies
# University City Unicorns Companies
1 🇺🇸Stanford University Stanford, CA 478 12.2K
2 🇺🇸Harvard University Cambridge, MA 320 8,290
3 🇺🇸MIT Cambridge, MA 295 8,708
4 🇺🇸UC Berkeley Berkeley, CA 190 8,176
5 🇺🇸University of Pennsylvania Philadelphia, PA 165 3,294
6 🇺🇸Carnegie Mellon University Pittsburgh, PA 88 2,521
7 🇺🇸Princeton University Princeton, NJ 80 2,352
8 🇺🇸Yale University New Haven, CT 72 3,076
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Location comparison

How United States stacks up

Compare United States with similarly sized ecosystems in North America — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.

United States
$30.8T
$5.8T
$924B
$602B
$564B
$430B
$411B

Combined enterprise value of each ecosystem.

Patent intelligence

United States startup IP portfolio: 1.4M patent families

Granted patent families assigned to startups headquartered in United States. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.

Granted patent families
1.4M
Filed by tracked startups headquartered in the country.
4051 patents per million residents · #9 globally
Top patenting hubs
1 Bay Area 358.8K
2 New York Metropolitan Area 183.8K
3 Greater Boston Region 84K
4 Seattle Metropolitan Area 54.1K
5 Detroit metro 52.1K
6 San Diego County 51.7K

Sector concentration

Where United States punches above its weight

Sectors in which United States's share of the global unicorn pool is bigger than its overall share. A 5× over-index means United States is 5× more represented in that sector than in the global average. Source: top-hub aggregation across the 18 simplified sectors.

1.10×
15 unicorns · 57.7% of global sector
🦾 Robotics
1.09×
16 unicorns · 57.1% of global sector
🚀 Space
1.07×
18 unicorns · 56.3% of global sector
📣 Marketing
1.05×
21 unicorns · 55.3% of global sector
🤖 AI
0.97×
162 unicorns · 50.6% of global sector
🛡️ Cybersecurity
0.95×
46 unicorns · 50.0% of global sector
✈️ Aviation
0.95×
6 unicorns · 50.0% of global sector
0.94×
78 unicorns · 49.4% of global sector

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 United States dataset — or see a sample on the Dealroom app.

Sector breakdown
Where United States's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
United States'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
United States'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 United States'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 United States
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in United States
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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Get the full United States ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.