Western United States (Pacific, excl. Bay Area)
Country region · United States · Pop. 53.8M · #5 region by EV
Enterprise value
How much Western United States (Pacific, excl. Bay Area)’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Western United States (Pacific, excl. Bay Area), founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into Western United States (Pacific, excl. Bay Area)
VC investment into Western United States (Pacific, excl. Bay Area)-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Startup funnel
Western United States (Pacific, excl. Bay Area)'s startup funnel
Companies headquartered in Western United States (Pacific, excl. Bay Area) at each stage today, by total VC raised. Hover a bar for the split.
Source: Dealroom.co
Quarterly report
Western United States (Pacific, excl. Bay Area)'s latest quarter in venture capital
VC raised by Western United States (Pacific, excl. Bay Area)-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.
Latest complete quarter
Loading VC raised by Western United States (Pacific, excl. Bay Area)-headquartered companies…
Largest rounds
Largest funding rounds in Western United States (Pacific, excl. Bay Area)
A live treemap of the largest VC rounds. Each cell is one round into Western United States (Pacific, excl. Bay Area)-headquartered companies, grouped by Dealroom sector.
Largest rounds in Western United States (Pacific, excl. Bay Area) - 2026
Academia
Western United States (Pacific, excl. Bay Area)'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 (Pacific, excl. Bay Area).
Location comparison
How Western United States (Pacific, excl. Bay Area) stacks up
Compare Western United States (Pacific, excl. Bay Area) 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. Western United States (Pacific, excl. Bay Area)'s row is highlighted (#2).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | California | $21.6T | 7.7× | 1,138 | $179B | 37K |
| 2 | Western United States (Pacific, excl. Bay Area) | $4.5T | 4.8× | 328 | $29.9B | 16.6K |
| 3 | Northeastern United States | $3.3T | 4.5× | 650 | $53.1B | 31.3K |
| 4 | Washington (State) | $2.9T | 4.5× | 75 | $7.5B | 3,270 |
| 5 | Texas | $2.7T | 10.5× | 139 | $11.4B | 6,785 |
| 6 | Southeastern United States | $1.4T | 4.8× | 191 | $11.8B | 14.5K |
| 7 | New York State | $1.4T | 5.1× | 300 | $31.1B | 15.8K |
| 8 | Massachusetts | $1.1T | 4.4× | 209 | $12.9B | 6,135 |
| 9 | Florida | $798B | 9.8× | 67 | $4.1B | 4,904 |
| 10 | Midwestern United States | $668B | 3.7× | 124 | $9.5B | 10.8K |
| 11 | Western United States (Mountain) | $403B | 4.4× | 112 | $10.2B | 5,588 |
| 12 | Illinois | $270B | 3.6× | 55 | $2.3B | 3,158 |
More data
Explore Dealroom data →Get the full Western United States (Pacific, excl. Bay Area) ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.