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State · North America

Oregon

State · United States · Pop. 4.3M · #47 region by EV

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

$51.5B+31%
Combined startup EV
$634.6M
VC invested (last 12mo)
1,158
Tracked startups
#35/ 69
Unicorns per 1M people · regions rank
🦄 Unicorns
7
7 live · +0 new in 2025 (incl. 0 new decacorns)
💎 Decacorns
0
🐎 Thoroughbreds
7
Top 1% growth · $500M+

Enterprise value · 2015–2025

Oregon grew 4.8× since 2015

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

0 $15B $30B $45B $60B Oregon · $51B 2015 2018 2021 2024 2025

Adjacent regions by EV

Top sub-locations

Inside Oregon: top 3 metros

Metros inside Oregon ranked by combined enterprise value, paired with their 5-year growth multiplier.

By enterprise value
1 Portland $38.7B
2 Medford $9B
3 Bend $5B
By 5-yr EV growth
1 Medford 147×
2 Bend 12×
3 Portland 3.1×

Startup funnel

Oregon'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
257
Seed
241
Series A
173
Series B
100
Series C
44
Unicorn
7

* 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 Oregon

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Unicorns $1B+ valuation 7
VacasaJama SoftwareDutchieNuScale PowerExterroCytodynOrca Security
Thoroughbreds+ $100M+ revenue 7
DutchieGrünsVacasaExterroOrca SecurityJama SoftwareVetSource

Academia

Oregon's academic flywheel

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

University-linked startup formation
7
University spinouts
523
Total alumni-founded companies
321
Of which startups (<$15M raised)
159
Breakouts ($15M-100M)
43
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Oregon stacks up

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

Combined enterprise value
$170B
$153B
$137B
$119B
$114B
$96.9B
Oregon
$51.5B
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 Oregon

Top overview

United States — top regions

Top regions in United States ranked by combined EV. Oregon'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
28 Oregon $51.5B 3.9× 7 $634.6M 1,158

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 Oregon dataset — or see a sample on the Dealroom app.

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