This Company Is The Best Funded Tech Startup In Your State
Originally published by Zack Friedman, Contributor on Forbes, March 1, 2017.
What’s the most well-funded technology startup in your state?
A new map released by CB Insights identifies the most well-funded venture capital-backed technology startup in each state based on disclosed equity funding.
The map includes companies in all 50 states, plus Washington, D.C. Four states—Mississippi, Alaska, North Dakota and South Dakota—did not meet CB Insights’ criteria, so the report includes the most well-funded private technology companies since 2015 in those four states.
Here are some key takeaways:
Most Well-Funded Startup
- California-based Uber is the most well-funded startup on the map with $12.5 billion of funding to date
Top “Unicorns”
- There are nine “unicorns” (companies valued at $1 billion or more) that are also the most well-funded startup in their respective state: Uber (CA), Datto (CT), Magic Leap (FL), GreenSky (GA), Avant (IL), DraftKings (MA), Infor (NY), Domo (UT), and Vox Media (Washington, D.C.).
Companies That Raised At Least $1 Billion in Equity Funding
- There are seven companies on the list that have raised $1 billion or more in disclosed equity funding to date. These companies include, among others, OneWeb (VA), Infor (NY) and IO (AZ).
Companies That Raised At Least $1 Billion In Equity Funding In A Single Funding Round
- Companies that have (at least once) raised $1 billion or more in one round of funding include, among others, Uber (CA), OneWeb (VA) and Infor (NY).