New Mexico
State · United States · Pop. 2.1M
Enterprise value
How much New Mexico’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in New Mexico, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into New Mexico
VC investment into New Mexico-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Startup funnel
New Mexico's startup funnel
Companies headquartered in New Mexico at each stage today, by total VC raised. Hover a bar for the split.
Source: Dealroom.co
Quarterly report
New Mexico's latest quarter in venture capital
VC raised by New Mexico-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.
Latest complete quarter
Loading VC raised by New Mexico-headquartered companies…
Largest rounds
Largest funding rounds in New Mexico
A live treemap of the largest VC rounds. Each cell is one round into New Mexico-headquartered companies, grouped by Dealroom sector.
Largest rounds in New Mexico - 2026
Academia
New Mexico's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to New Mexico.
Location comparison
How New Mexico stacks up
Compare New Mexico 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 regions in United States ranked by combined EV. New Mexico's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | California | $21.6T | 7.7× | 1,138 | $179B | 37K |
| 2 | Western United States (Pacific, excl. Bay Area) | $4.5T | 4.8× | 328 | $29.9B | 16.6K |
| 3 | Northeastern United States | $3.3T | 4.5× | 650 | $53.1B | 31.3K |
| 4 | Washington (State) | $2.9T | 4.5× | 75 | $7.5B | 3,270 |
| 5 | Texas | $2.7T | 10.5× | 139 | $11.4B | 6,785 |
| 6 | Southeastern United States | $1.4T | 4.8× | 191 | $11.8B | 14.5K |
| 7 | New York State | $1.4T | 5.1× | 300 | $31.1B | 15.8K |
| 8 | Massachusetts | $1.1T | 4.4× | 209 | $12.9B | 6,135 |
| 9 | Florida | $798B | 9.8× | 67 | $4.1B | 4,904 |
| 10 | Midwestern United States | $668B | 3.7× | 124 | $9.5B | 10.8K |
| 11 | Western United States (Mountain) | $403B | 4.4× | 112 | $10.2B | 5,588 |
| 48 | New Mexico | $6.3B | 3.1× | 0 | $154.6M | 219 |
More data
Explore Dealroom data →Get the full New Mexico ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.