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Country region · North America

Western United States (Mountain)

Country region · United States · Pop. 24.9M · #21 region by EV

A public taster of the full Western United States (Mountain) 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
7
Annual $1B+ outcomes, unsmoothed
🐎 Cumulative thoroughbreds
55
Company revenue history, 2016-2025
Enterprise value
$360B
Actual EV series, 2015-2025

Largest rounds

Largest funding rounds in Western United States (Mountain)

A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into Western United States (Mountain)-headquartered companies, grouped by Dealroom sector.

Largest rounds in Western United States (Mountain) - 2026

Every $100M+ VC round into Western United States (Mountain)-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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Startup funnel

Western United States (Mountain)'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
1,145
Seed
950
Series A
812
Series B
406
Series C
211
Unicorn
82
Decacorn
6

* 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.

VC investment

How much venture capital flows into Western United States (Mountain)

VC investment into Western United States (Mountain)-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage. Live from the Dealroom Next Gen API.

Notable companies

Top private companies in Western United States (Mountain)

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 6
PluralSightQualtricsCrusoeZayoSwitchVantage Data Centers
Unicorns $1B+ valuation 82
Edgewise TherapeuticsVirta HealthGuild EducationXANT.aiPositronVehoChess.comTrue AnomalyMasterControlOwlet Baby CareHealth CatalystLocal BountiAcimaEvercommerceEntrataEdgeCore Digital InfrastructureStrive Health1047gamesYork Space SystemsDefense Unicorns+63 more
Thoroughbreds+ $100M+ revenue 55
R1 RCMPatternOverstock.comAngiCrusoeMyriad GeneticsPluralSightInstructureAG1Rimini StreetBlack Rifle Coffee CompanyIbottaDomoHealth CatalystVehoLucidWeaveFilevineVoyager TechnologiesGrowGeneration

Academia

Western United States (Mountain)'s academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Western United States (Mountain).

University-linked startup formation
146
University spinouts
1,711
Total alumni-founded companies
1,001
Of which startups (<$15M raised)
495
Breakouts ($15M-100M)
215
Scaleups ($100M+)

Location comparison

How Western United States (Mountain) stacks up

Compare Western United States (Mountain) 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.

$729B
Western United States (Mountain)
$346B
$264B
$263B
$215B
$188B

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 Western United States (Mountain) dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Western United States (Mountain)'s unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Western United States (Mountain)'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
Western United States (Mountain)'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 Western United States (Mountain)'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 Western United States (Mountain)
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Western United States (Mountain)
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.