West Virginia
State · United States · Pop. 1.8M
Largest rounds
Largest funding rounds in West Virginia
A live treemap of the largest VC rounds. Each cell is one round into West Virginia-headquartered companies, grouped by Dealroom sector.
Largest rounds in West Virginia - 2026
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.
* 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.
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.
Location comparison
How West Virginia stacks up
Compare West Virginia 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. West Virginia's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | California | $21.5T | 7.7× | 1,101 | $177B | 36.6K |
| 2 | Western United States (Pacific, excl. Bay Area) | $4.6T | 4.8× | 317 | $28.2B | 16.4K |
| 3 | Northeastern United States | $3.4T | 4.6× | 652 | $54.3B | 30.9K |
| 4 | Washington (State) | $3T | 4.5× | 72 | $7.3B | 3,242 |
| 5 | Texas | $2.7T | 10.5× | 128 | $11.2B | 6,610 |
| 6 | New York State | $1.4T | 5.0× | 298 | $30.9B | 15.5K |
| 7 | Southeastern United States | $1.4T | 4.8× | 172 | $11.5B | 14.1K |
| 8 | Massachusetts | $1.2T | 4.4× | 210 | $13.2B | 6,078 |
| 9 | Florida | $781B | 9.6× | 61 | $3.7B | 4,750 |
| 10 | Midwestern United States | $666B | 3.6× | 114 | $9.4B | 10.7K |
| 11 | Western United States (Mountain) | $367B | 4.1× | 98 | $9.8B | 5,447 |
| 55 | West Virginia | $418.1M | 5.2× | 0 | $30M | 64 |
More data
Explore Dealroom data →Get the full West Virginia ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.