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State · North America

West Virginia

State · United States · Pop. 1.8M

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

🦄 New unicorns by year
0
2025 $1B+ outcomes
🐎 Cumulative thoroughbreds
0
2024→2025 movement · +0 new
Enterprise value
$439.3M
Actual EV series, 2015-2025

Largest rounds

Largest funding rounds in West Virginia

A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into West Virginia-headquartered companies, grouped by Dealroom sector.

Largest rounds in West Virginia - 2026

Every $100M+ VC round into West Virginia-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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Startup funnel

West Virginia'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
20
Seed
9
Series A
11
Series B
5
Series C
1

* Conversion rates are derived from current counts.

VC investment

How much venture capital flows into West Virginia

VC investment into West Virginia-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage. Live from the Dealroom Next Gen API.

Academia

West Virginia's academic flywheel

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

University-linked startup formation
2
University spinouts
153
Total alumni-founded companies
89
Of which startups (<$15M raised)
50
Breakouts ($15M-100M)
14
Scaleups ($100M+)

Location comparison

How West Virginia stacks up

Compare West Virginia with peers from the same country (United States) — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.

$2.4B
$1.6B
$691.2M
$536.9M
West Virginia
$439.8M
$161M

Combined enterprise value of each ecosystem.

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 West Virginia dataset — or see a sample on the Dealroom app.

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

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.