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Texas

State · United States · Pop. 31.3M · #10 region by EV

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

4,639 Pool of Funded Startups
New Startups
1,462 Annual Startups FoundedAll new ventures
430 Annual Startups FundedReceived investment
get funded 29%
3,385Startups
1,198 Pre-Seed Startups$100K–1M
1,086 Seed Startups$1–4M
Pre-Seed to Seed 27%
1,101 Series A Startups$4–15M
Seed to Series A 33%
1,013Breakouts
635 Series B Breakouts$15–40M
A to Series B 35%
378 Series C Breakouts$40–100M
B to Series C 31%
241Scaleups
156 Mega Scaleups$100–250M
reach Mega 3.4%
85 Mega+ Scaleups$250M+
reach Mega+ 1.8%
128Valuation Outcomes
110 Unicorns($1–10B valuation)
reach Unicorn 2.4%
15 Decacorns($10–100B valuation)
reach Decacorn 0.32%
1 Centicorns($100B–1T valuation)
reach Centicorn 0.022%
2 Gigacorns($1T+ valuation)
reach Gigacorn 0.043%
Pre-Seed
1,198
Seed
1,086
Series A
1,101
Series B
635
Series C
378
Unicorn
110
Decacorn
15

* 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.

Largest rounds

Largest funding rounds in Texas

A live treemap of the largest VC rounds. Each cell is one round into Texas-headquartered companies, grouped by Dealroom sector.

Largest rounds in Texas - 2026

Every $100M+ VC round into Texas-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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VC investment

How much venture capital flows into Texas

VC investment into Texas-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Academia

Texas's academic flywheel

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

University-linked startup formation
353
University spinouts
2,294
Total alumni-founded companies
1,343
Of which startups (<$15M raised)
681
Breakouts ($15M-100M)
270
Scaleups ($100M+)

Location comparison

How Texas stacks up

Compare Texas 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.

More data

Explore Dealroom data →
Country United States Country · North America · Pop. 340.1M · #1 country by EV Region North America Continent / region · Pop. 60M · #2 region by EV

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