Source: PWC Moneytree Survey
Download the Excel version of this table here.
Average Venture Capital Deal Size by State, 2005-2010
| 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2010 Difference from U.S. Average | 2005-2010 State Average | 2005-2010 Difference from U.S. Average | |
|---|---|---|---|---|---|---|---|---|---|
| US Total | $7,039,991.25 | $6,928,619.21 | $7,410,393.43 | $6,982,681.14 | $6,243,848.24 | $6,659,560.60 | $6,877,515.65 | ||
| AK | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | -$6,659,560.60 | 0 | #DIV/0! |
| AL | $6,716,700.00 | $2,486,875.00 | $6,475,000.00 | $2,108,444.44 | $4,797,444.44 | $300,000.00 | -$6,359,560.60 | $3,814,077.31 | -$3,063,438.33 |
| AR | $104,000.00 | $296,200.00 | $200,000.00 | $0.00 | $0.00 | $5,000,100.00 | -$1,659,460.60 | $1,400,075.00 | -$5,477,440.65 |
| AZ | $4,093,657.69 | $9,260,389.29 | $7,368,662.07 | $9,534,931.82 | $6,685,137.50 | $4,882,358.82 | -$1,777,201.78 | $6,970,856.20 | $93,340.55 |
| CA | $8,130,944.21 | $8,123,864.69 | $8,798,685.78 | $8,629,322.72 | $7,691,038.35 | $8,517,012.80 | $1,857,452.20 | $8,315,144.76 | $1,437,629.11 |
| CO | $7,604,316.46 | $6,034,100.00 | $5,730,983.50 | $7,789,737.38 | $5,861,130.38 | $6,072,061.04 | -$587,499.57 | $6,515,388.13 | -$362,127.52 |
| CT | $6,124,952.94 | $8,879,970.00 | $7,210,431.58 | $3,274,929.73 | $4,035,233.33 | $3,848,488.46 | -$2,811,072.14 | $5,562,334.34 | -$1,315,181.31 |
| DC | $2,684,209.09 | $4,392,545.45 | $4,563,982.35 | $2,295,272.73 | $7,253,220.00 | $7,839,433.33 | $1,179,872.73 | $4,838,110.49 | -$2,039,405.15 |
| DE | $2,229,000.00 | $1,321,275.00 | $1,399,250.00 | $9,952,650.00 | $4,364,750.00 | $3,448,777.78 | -$3,210,782.83 | $3,785,950.46 | -$3,091,565.18 |
| FL | $6,297,541.07 | $5,316,891.07 | $9,490,178.95 | $6,063,528.95 | $9,100,353.13 | $4,760,587.18 | -$1,898,973.42 | $6,838,180.06 | -$39,335.59 |
| GA | $3,764,890.63 | $4,336,592.77 | $6,339,145.71 | $4,836,956.96 | $6,690,691.11 | $5,291,285.71 | -$1,368,274.89 | $5,209,927.15 | -$1,667,588.50 |
| HI | $2,481,000.00 | $2,979,636.36 | $1,225,000.00 | $1,071,428.57 | $2,454,666.67 | $2,299,980.00 | -$4,359,580.60 | $2,085,285.27 | -$4,792,230.38 |
| IA | $3,733,333.33 | $75,000.00 | $1,650,000.00 | $7,864,657.14 | $10,456,637.50 | $25,750,000.00 | $19,090,439.40 | $8,254,938.00 | $1,377,422.35 |
| ID | $3,330,000.00 | $3,999,933.33 | $2,640,183.33 | $2,999,714.29 | $2,936,200.00 | $1,937,500.00 | -$4,722,060.60 | $2,973,921.83 | -$3,903,593.82 |
| IL | $4,773,043.64 | $6,034,501.72 | $6,290,418.57 | $6,252,460.00 | $5,394,322.73 | $9,590,125.00 | $2,930,564.40 | $6,389,145.28 | -$488,370.37 |
| IN | $8,795,030.00 | $4,564,050.00 | $3,866,913.33 | $6,328,025.00 | $12,071,400.00 | $4,904,435.71 | -$1,755,124.89 | $6,754,975.67 | -$122,539.97 |
| KS | $359,250.00 | $2,518,887.50 | $4,329,476.47 | $1,966,454.17 | $439,777.78 | $1,158,722.22 | -$5,500,838.38 | $1,795,428.02 | -$5,082,087.62 |
| KY | $10,666,366.67 | $2,615,500.00 | $7,622,885.71 | $2,915,090.00 | $1,693,750.00 | $848,564.29 | -$5,810,996.32 | $4,393,692.78 | -$2,483,822.87 |
| LA | $271,000.00 | $3,816,666.67 | $2,271,428.57 | $1,238,783.33 | $783,014.29 | $5,983,666.67 | -$675,893.94 | $2,394,093.25 | -$4,483,422.39 |
| MA | $6,901,570.21 | $7,067,433.00 | $7,775,764.19 | $6,874,521.51 | $6,540,498.11 | $6,759,707.41 | $100,146.80 | $6,986,582.40 | $109,066.76 |
| MD | $4,430,564.76 | $5,746,826.13 | $6,132,473.68 | $4,543,338.89 | $4,163,187.32 | $5,101,177.14 | -$1,558,383.46 | $5,019,594.65 | -$1,857,920.99 |
| ME | $1,401,000.00 | $1,912,250.00 | $495,237.50 | $1,381,666.67 | $1,783,333.33 | $435,700.00 | -$6,223,860.60 | $1,234,864.58 | -$5,642,651.06 |
| MI | $4,253,789.47 | $5,865,690.00 | $4,396,943.48 | $5,550,984.78 | $4,051,406.06 | $4,592,687.88 | -$2,066,872.73 | $4,785,250.28 | -$2,092,265.37 |
| MN | $6,938,846.51 | $8,157,347.50 | $7,998,046.67 | $9,767,091.84 | $7,830,552.94 | $5,365,776.92 | -$1,293,783.68 | $7,676,277.06 | $798,761.42 |
| MO | $5,595,190.00 | $3,206,923.08 | $5,333,188.24 | $3,889,791.30 | $1,524,925.00 | $4,353,200.00 | -$2,306,360.60 | $3,983,869.60 | -$2,893,646.04 |
| MS | $5,000,000.00 | $1,000,000.00 | $2,950,000.00 | $0.00 | $0.00 | $0.00 | -$6,659,560.60 | $2,983,333.33 | -$3,894,182.31 |
| MT | $12,967,500.00 | $0.00 | $3,000,000.00 | $7,810,000.00 | $14,530,000.00 | $955,000.00 | -$5,704,560.60 | $7,852,500.00 | $974,984.35 |
| NC | $6,462,756.00 | $6,776,914.29 | $7,228,818.75 | $8,114,704.00 | $7,194,747.06 | $8,004,494.74 | $1,344,934.13 | $7,297,072.47 | $419,556.83 |
| ND | $0.00 | $0.00 | $150,000.00 | $1,363,975.00 | $2,928,666.67 | $0.00 | -$6,659,560.60 | $1,480,880.56 | -$5,396,635.09 |
| NE | $2,466,666.67 | $2,166,666.67 | $0.00 | $5,333,333.33 | $0.00 | $3,833,333.33 | -$2,826,227.27 | $3,450,000.00 | -$3,427,515.65 |
| NH | $3,809,433.33 | $4,785,863.64 | $6,492,195.00 | $8,225,160.71 | $2,913,800.00 | $5,694,410.00 | -$965,150.60 | $5,320,143.78 | -$1,557,371.87 |
| NJ | $11,064,631.65 | $7,871,603.30 | $6,257,209.18 | $7,793,188.17 | $7,471,758.90 | $6,348,781.69 | -$310,778.91 | $7,801,195.48 | $923,679.84 |
| NM | $5,029,873.33 | $3,392,255.56 | $5,274,641.67 | $3,228,788.89 | $371,357.14 | $1,775,230.77 | -$4,884,329.83 | $3,178,691.23 | -$3,698,824.42 |
| NV | $14,150,222.22 | $2,800,000.00 | $3,270,222.22 | $2,105,533.33 | $5,133,333.33 | $9,525,666.67 | $2,866,106.06 | $6,164,162.96 | -$713,352.68 |
| NY | $8,824,526.92 | $5,809,822.77 | $5,615,030.39 | $5,460,521.86 | $5,196,569.44 | $5,033,549.62 | -$1,626,010.98 | $5,990,003.50 | -$887,512.14 |
| OH | $2,887,800.00 | $1,588,272.73 | $3,336,648.44 | $3,660,777.59 | $2,120,265.45 | $3,015,576.92 | -$3,643,983.68 | $2,768,223.52 | -$4,109,292.13 |
| OK | $0.00 | $1,821,250.00 | $1,355,683.33 | $3,325,160.00 | $1,126,500.00 | $6,500,000.00 | -$159,560.60 | $2,825,718.67 | -$4,051,796.98 |
| OR | $5,139,280.00 | $3,628,978.13 | $7,196,755.00 | $4,411,782.86 | $4,808,736.84 | $5,258,678.79 | -$1,400,881.82 | $5,074,035.27 | -$1,803,480.38 |
| PA | $4,390,191.00 | $6,005,097.20 | $4,817,336.31 | $3,518,146.11 | $3,151,428.57 | $3,323,125.49 | -$3,336,435.11 | $4,200,887.45 | -$2,676,628.20 |
| PR | $1,500,000.00 | $4,763,700.00 | $4,012,250.00 | $5,400,000.00 | $0.00 | $4,494,500.00 | -$2,165,060.60 | $4,034,090.00 | -$2,843,425.65 |
| RI | $5,863,176.92 | $11,528,771.43 | $1,759,750.00 | $4,070,130.00 | $2,307,300.00 | $4,985,161.54 | -$1,674,399.07 | $5,085,714.98 | -$1,791,800.66 |
| SC | $1,627,000.00 | $4,147,050.00 | $9,384,666.67 | $2,354,455.56 | $1,666,666.67 | $2,589,375.00 | -$4,070,185.60 | $3,628,202.31 | -$3,249,313.33 |
| SD | $0.00 | $0.00 | $2,014,400.00 | $500,000.00 | $266,666.67 | $0.00 | -$6,659,560.60 | $927,022.22 | -$5,950,493.42 |
| TN | $3,981,832.00 | $3,153,838.46 | $5,608,272.73 | $3,105,308.70 | $3,430,785.71 | $2,892,150.00 | -$3,767,410.60 | $3,695,364.60 | -$3,182,151.05 |
| TX | $6,693,386.21 | $7,160,808.33 | $7,886,355.31 | $8,396,946.05 | $5,730,531.67 | $6,228,253.15 | -$431,307.46 | $7,016,046.79 | $138,531.14 |
| UT | $5,480,853.57 | $4,240,770.00 | $4,306,472.73 | $5,254,377.50 | $4,414,860.00 | $5,720,436.00 | -$939,124.60 | $4,902,961.63 | -$1,974,554.01 |
| VA | $5,592,392.05 | $4,811,776.67 | $5,550,913.54 | $5,926,063.22 | $4,958,274.51 | $7,361,496.08 | $701,935.47 | $5,700,152.68 | -$1,177,362.97 |
| VT | $7,041,200.00 | $899,000.00 | $1,315,000.00 | $5,974,828.57 | $2,830,000.00 | $5,469,833.33 | -$1,189,727.27 | $3,921,643.65 | -$2,955,872.00 |
| WA | $6,589,021.67 | $7,557,860.58 | $7,598,416.87 | $5,372,859.26 | $5,567,523.85 | $5,285,559.48 | -$1,374,001.12 | $6,328,540.29 | -$548,975.36 |
| WI | $4,175,775.00 | $3,505,005.00 | $3,928,295.00 | $3,369,352.63 | $2,171,990.91 | $6,410,052.63 | -$249,507.97 | $3,926,745.20 | -$2,950,770.45 |
| WV | $1,607,000.00 | $1,557,966.67 | $1,930,000.00 | $30,000,000.00 | $3,000,000.00 | $937,500.00 | -$5,722,060.60 | $6,505,411.11 | -$372,104.54 |
| WY | $808,250.00 | $6,500,000.00 | $200,000.00 | $1,530,000.00 | $0.00 | $10,000,000.00 | $3,340,439.40 | $3,807,650.00 | -$3,069,865.65 |
| Unknown | $28,549,500.00 | $0.00 | $0.00 | $0.00 | $628,571.43 | $2,177,285.71 | -$4,482,274.89 | $10,451,785.71 | $3,574,270.07 |