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State · North America

Washington (State)

State · United States · Pop. 8M · #9 region by EV

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

$3.1T+60%
Combined startup EV
$7.3B
VC invested (last 12mo)
3,203
Tracked startups
#7/ 69
Unicorns per 1M people · regions rank
🦄 Unicorns
72
72 live $1B+ companies
💎 Decacorns
10
$10B+ tier
🐎 Thoroughbreds
57
Top 1% growth · $500M+

Enterprise value · 2015–2025

Washington (State) grew 33.7× since 2015

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

0 $1T $2T $3T $4T Washington (State) · $3.1T 2015 2018 2021 2024 2025

Adjacent regions by EV

Startup funnel

Washington (State)'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
634
Seed
595
Series A
620
Series B
360
Series C
197
Unicorn
63
Decacorn
8

* 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 Washington (State)

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 8
SeagenNutanixCoupangF5ValveTableauSnowflakeVeeam
Unicorns $1B+ valuation 63
Shape SecuritySmartsheetEigenLayerGetty ImagesStatsigStarcloudGenoaFalOutreachTrupanionKaratSeekOutJuno TherapeuticsSkypeRec RoomTerraPowerFabricOfferUpRedfinPushpay+43 more
Thoroughbreds+ $100M+ revenue 50
AmazonCoupangValveSnowflakeF5ZillowNutanixRemitlyTrupanionZoominfoMediaAlphaGetty ImagesTaniumAcumaticaPorchFalImpinjIcertisRoverAdaptive Biotechnologies

Academia

Washington (State)'s academic flywheel

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

University-linked startup formation
267
University spinouts
525
Total alumni-founded companies
276
Of which startups (<$15M raised)
172
Breakouts ($15M-100M)
77
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Washington (State) stacks up

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

Combined enterprise value
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 Texas New York State Southeastern United States Massachusetts Florida Midwestern United States Western United States (Mountain) Illinois Pennsylvania New Jersey Colorado Washington (State)

Top overview

United States — top regions

Top regions in United States ranked by combined EV. Washington (State)'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
12 Illinois $264B 3.4× 51 $2.2B 3,354

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 Washington (State) dataset — or see a sample on the Dealroom app.

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