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State · North America

Georgia (US)

State · United States · Pop. 11.2M · #34 region by EV

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

$119B+32%
Combined startup EV
$1.2B
VC invested (last 12mo)
2,135
Tracked startups
#32/ 69
Unicorns per 1M people · regions rank
🦄 Unicorns
20
20 live · +0 new in 2025 (incl. 0 new decacorns)
💎 Decacorns
2
$10B+ tier
🐎 Thoroughbreds
21
Top 1% growth · $500M+

Enterprise value · 2015–2025

Georgia (US) grew 6.2× since 2015

Combined enterprise value of every tracked startup headquartered in Georgia (US) that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $50B $100B $150B $200B Georgia (US) · $119B 2015 2018 2021 2024 2025

Adjacent regions by EV

Startup funnel

Georgia (US)'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
462
Seed
379
Series A
343
Series B
176
Series C
116
Unicorn
18
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.

Notable companies

Top private companies in Georgia (US)

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
MailChimpCorpay
Unicorns $1B+ valuation 18
GreenSkyFullStoryCalendlySharecareCheckmarxKORE WirelessBakktFlock SafetyHorizonIQOneTrustAvanosGreenlightCardlyticsSpanxSalesLoftSTORDHermeusQGenda
Thoroughbreds+ $100M+ revenue 20
BakktTBC BankPriorityMontage TechnologyAvanosOneTrustFlock SafetyKORE WirelessCardlyticsCheckmarxSTORDCorpayCalendlyGreenlightAlimera SciencesFullStoryGreenSkySharecareSalesLoftHorizonIQ

Academia

Georgia (US)'s academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Georgia (US).

University-linked startup formation
123
University spinouts
1,694
Total alumni-founded companies
1,084
Of which startups (<$15M raised)
438
Breakouts ($15M-100M)
172
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Georgia (US) stacks up

Peers chosen from the same country (United States), sized closest to Georgia (US) by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$264B
$263B
$215B
$188B
$170B
$153B
Georgia (US)
$119B
EV growth (5-yr ×) vs current EV
peer median 4.4× 1.6× 16.1× 30.6× $5.2B $337B $21.7T EV growth (5yr ×) Combined enterprise value (log) California Western United States (Pacific, excl. Bay Area) Northeastern United States Washington (State) Texas New York State Southeastern United States Massachusetts Florida Midwestern United States Western United States (Mountain) Illinois Pennsylvania New Jersey Colorado Georgia (US)

Top overview

United States — top regions

Top regions in United States ranked by combined EV. Georgia (US)'s row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 California $21.7T 7.7× 976 $180B 36.4K
2 Western United States (Pacific, excl. Bay Area) $4.8T 8.1× 279 $29.9B 16.3K
3 Northeastern United States $3.5T 4.9× 571 $52.8B 30.2K
4 Washington (State) $3.1T 10.6× 72 $7.3B 3,203
5 Texas $2.3T 10.0× 107 $11.2B 6,215
6 New York State $1.5T 5.4× 270 $29.9B 15.3K
7 Southeastern United States $1.3T 5.3× 145 $11.4B 13.6K
8 Massachusetts $1.2T 4.5× 184 $13.5B 5,968
9 Florida $729B 9.7× 49 $3.9B 4,511
10 Midwestern United States $654B 3.6× 104 $9.2B 10.8K
11 Western United States (Mountain) $346B 4.0× 86 $9.1B 5,151
20 Georgia (US) $119B 4.0× 20 $1.2B 2,135

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 Georgia (US) dataset — or see a sample on the Dealroom app.

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