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Country region · North America

Western United States (Pacific, excl. Bay Area)

Country region · United States · Pop. 53.8M · #5 region by EV

A public taster of the full Western United States (Pacific, excl. Bay Area) 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
23
2025 $1B+ outcomes
🐎 Cumulative thoroughbreds
196
2024→2025 movement · +14 new
Enterprise value
$4.8T
Actual EV series, 2015-2025

Largest rounds

Largest funding rounds in Western United States (Pacific, excl. Bay Area)

A live treemap of $100M+ rounds from the Dealroom API. 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

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

Western United States (Pacific, excl. Bay Area)'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
3,194
Seed
2,861
Series A
2,755
Series B
1,545
Series C
905
Unicorn
252
Decacorn
24

* 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 (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. Live from the Dealroom Next Gen API.

Notable companies

Top private companies in Western United States (Pacific, excl. Bay Area)

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 24
TetherSeagenVeeamRocket LabCoupangShield AIWhatnotRivian AutomotiveGoodLeapCloudKitchensSnapHuluKite PharmaTableauBiosplice TherapeuticsDexcomF5AndurilIlluminaSnowflake
Unicorns $1B+ valuation 252
VuoriSurf Air MobilityAvettaCidara TherapeuticsCloudMindsKestra Medical TechnologiesProfoundBioTruvetaiSoftStoneKajabiSpreeAIMerkle ManufactoryTebraREVOLVERec RoomErascaCTI Biopharma (Formerly Cell Therapeutics)Create Music GroupNavitas SemiconductorBuildOps+232 more
Thoroughbreds+ $100M+ revenue 196
AmazonCoupangSpaceX | xAIArkeia SoftwareAgilon HealthSnapRivian AutomotiveDexcomIlluminaValveAlignment HealthcareSnowflakeF5The Trade DeskTTM TechnologiesZillowNutanixAndurilRemitlyEnphase Energy

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).

University-linked startup formation
415
University spinouts
7,670
Total alumni-founded companies
4,478
Of which startups (<$15M raised)
2,304
Breakouts ($15M-100M)
888
Scaleups ($100M+)

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, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.

$21.7T
Western United States (Pacific, excl. Bay Area)
$4.8T
$2.3T
$729B

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 (Pacific, excl. Bay Area) dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Western United States (Pacific, excl. Bay Area)'s unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Western United States (Pacific, excl. Bay Area)'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 (Pacific, excl. Bay Area)'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 (Pacific, excl. Bay Area)'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 (Pacific, excl. Bay Area)
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 (Pacific, excl. Bay Area)
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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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.