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The most valuable startup based in each of the 50 United States
While Silicon Valley may be where numerous startups flock to launch their businesses, it's far from the only place entrepreneurs choose to set up shop.
PitchBook recently compiled a list of the most valuable startups headquartered in each of the 50 United States, as well as D.C. Leading the list are California and New York, which are home to Uber and WeWork, respectively.
It's important to note the numbers for the startups in Alaska and South Dakota are not based on their valuations, since PitchBook didn't have available data on their values. Instead, these companies are evaluated by how much venture capitalist funding they've raised.
Additionally, PitchBook notes that there are companies in Illinois and Texas that have larger valuations, but have been left off the list because of recent troubles that have likely since affected the valuations of Illinois-based Outcome Health ($5.5 billion) and Texas-based Mozido ($2.4 billion).
Here is the list of the most valuable startups based in each state:
Alabama: Kailos — $41 million
Company role: Affordable genetic testing
Headquarters location: Huntsville, AL
Read more about Kailos on PitchBook.
Alaska: ADS-B Technologies — $4.3 million
Company role: Air traffic management surveillance
Headquarters location: Anchorage, AK
Read more about ADS-B Technologies on PitchBook.
Arizona: Infusionsoft — $500 million
Company role: Sales and marketing analytics
Headquarters location: Chandler, AZ
Read more about Infusionsoft on PitchBook.
Arkansas: OneCountry — $100 million
Company role: Country lifestyle news
Headquarters location: Fayetteville, AR
Read more about OneCountry on PitchBook.
California: Uber — $72 billion
Company role: Ride-hailing and delivery platform
Headquarters location: San Francisco, CA
Read more about Uber on PitchBook.
Colorado: Welltok — $625 million
Company role: Consumer health software
Headquarters location: Denver, CO
Read more about Welltok on PitchBook.
Connecticut: Butterfly Network — $1.2 billion
Company role: Accessible medical imaging
Headquarters location: Guilford, CT
Read more about Butterfly Network on PitchBook.
Delaware: NeuroRx — $91 million
Company role: Drug treatment for mental health disorders
Headquarters location: Wilmington, DE
Read more about NeuroRx on PitchBook.
Washington, D.C.: Vox Media — $1.1 billion
Company role: Media company behind online news publications including The Verge and Vox.com.
Headquarters location: Washington, DC
Read more about Vox Media on PitchBook.
Florida: Magic Leap — $6.4 billion
Company role: Augmented reality smartglasses and software.
Headquarters location: Plantation, FL
Read more about Magic Leap on PitchBook.
Georgia: Kabbage — $1.2 billion
Company role: App for small business loans
Headquarters location: Atlanta, GA
Read more about Kabbage on PitchBook.
Hawaii: Convergence CT — $60 million
Company role: Healthcare data analytics
Headquarters location: Honolulu, HI
Read more about Convergence CT on PitchBook.
Idaho: Cradlepoint — $414 million
Company role: Wireless network routers
Headquarters location: Boise, ID
Read more about Cradlepoint on PitchBook.
Illinois : Uptake — $2.3 billion
Company role: Predictive analytics platform
Headquarters location: Chicago, IL
Read more about Uptake on PitchBook.
Indiana: Scale Computing — $60 million
Company role: Cloud-based data storage platform
Headquarters location: Indianapolis, IN
Read more about Scale Computing on PitchBook.
Iowa: Syncbak — $100 million
Company role: Live-streaming platform
Headquarters location: Cedar Rapids, IA
Read more about Syncbak on PitchBook.
Kansas: C2FO — $813 million
Company role: Cash flow marketplace
Headquarters location: Leawood, KS
Read more about C2FO on PitchBook.
Kentucky: Venminder — $40 million
Company role: Financial third-party risk management
Headquarters location: Elizabethtown, KY
Read more about Venminder on PitchBook.
Louisiana: Zlien — $50 million
Company role: Payment platform for construction workers
Headquarters location: New Orleans, LA
Read more about Zlien on PitchBook.
Maine: Blue Tarp Financial — $45 million
Company role: B2B credit management
Headquarters location: Portland, ME
Read more about Blue Tarp Financial on PitchBook.
Maryland: IronNet Cybersecurity — $578 million
Company role: Cybersecurity technology
Headquarters location: Fulton, MD
Read more about IronNet Cybersecurity on PitchBook.
Massachusetts: Moderna Therapeutics — $7.1 billion
Company role: Vaccines and therapeutic drugs
Headquarters location: Cambridge, MA
Read more about Moderna Therapeutics on PitchBook.
Michigan: Plex Systems — $485 million
Company role: Manufacturing industry software
Headquarters location: Troy, MI
Read more about Plex Systems on PitchBook.
Minnesota: Bright Health — $400 million
Company role: Health insurance services
Headquarters location: Minneapolis, MN
Read more about Bright Health on PitchBook.
Mississippi: Diabetes Care Group — $19 million
Company role: Diabetes care services
Headquarters location: Jackson, MS
Read more about Diabetes Care Group on PitchBook.
Missouri: Essence Group Holdings — $1.1 billion
Company role: Healthcare-management software
Headquarters location: St. Louis, MO
Read more about Essence Group Holdings on PitchBook.
Montana: onXmaps — $120 million
Company role: GPS hunting app
Headquarters location: Missoula, MT
Read more about onXmaps on PitchBook.
Nebraska: hudl — $460 million
Company role: Sports performance analytics software
Headquarters location: Lincoln, NE
Read more about hudl on PitchBook.
Nevada: Influential — $62 million
Company role: AI influencer data
Headquarters location: Las Vegas, NV
Read more about Influential on PitchBook.
New Hampshire: Adimab — $530 million
Company role: Antibody drug developer
Headquarters location: Lebanon, NH
Read more about Adimab on PitchBook.
New Jersey: Celularity — $480 million
Company role: Drug developer using placenta-derived cells
Headquarters location: Warren, NJ
Read more about Celularity on PitchBook.
New Mexico: Skorpios Technologies — $730 million
Company role: Semiconductor and chip manufacturer
Headquarters location: Albuquerque, NM
Read more about Skorpios Technologies on PitchBook.
New York: WeWork — $21 billion
Company role: Shared office workspaces
Headquarters location: New York, NY
Read more about WeWork on PitchBook.
North Carolina: AvidXchange — $1.4 billion
Company role: Invoice payment management software
Headquarters location: Charlotte, NC
Read more about Avidxchange on PitchBook.
North Dakota: Intelligent InSites — $50 million
Company role: Healthcare optimization software
Headquarters location: West Fargo, ND
Read more about Intelligent InSites on PitchBook.
Ohio: Root Insurance — $1 billion
Company role: Car insurance platform
Headquarters location: Columbus, OH
Read more about Root Insurance on PitchBook.
Oklahoma: ProCure — $339 million
Company role: Cancer radiation therapy
Headquarters location: Oklahoma City, OK
Read more about ProCure on PitchBook.
Oregon: Puppet — $652 million
Company role: IT management software
Headquarters location: Portland, OR
Read more about Puppet on PitchBook.
Pennsylvania: Duolingo — $700 million
Company role: Language learning app
Headquarters location: Pittsburgh, PA
Read more about Duolingo on PitchBook.
Rhode Island: NanoSteel — $142 million
Company role: Steel sheet manufacturer
Headquarters location: Providence, RI
Read more about NanoSteel on PitchBook.
South Carolina: Ceterus — $50 million
Company role: Small business bookkeeping software
Headquarters location: Charleston, SC
Read more about Ceterus on PitchBook.
South Dakota: ImmutriX Therapeutics — $8.2 million
Company role: Blood cleansing medical device
Headquarters location: Rapid City, SD
Read more about ImmutriX Therapeutics on PitchBook.
Tennessee: Digital Reasoning — $270 million
Company role: AI computing software
Headquarters location: Franklin, TN
Read more about Digital Reasoning on PitchBook.
Texas: Hyla Mobile — $650 million
Company role: Mobile phone trade-in program
Headquarters location: Farmers Branch, TX
Read more about Hyla Mobile on PitchBook.
Utah: Qualtrics — $2.5 billion
Company role: Survey and data software
Headquarters location: Provo, UT
Read more about Qualtrics on PitchBook.
Vermont: ipCreate — $171 million
Company role: On-demand patent creation for inventions
Headquarters location: Williston, VT
Read more about ipCreate on PitchBook.
Virginia: Endgame — $465 million
Company role: Endpoint security platform
Headquarters location: Arlington, VA
Read more about Endgame on PitchBook.
Washington: OfferUp — $1.4 billion
Company role: Online shopping platform
Headquarters location: Bellevue, WA
Read more about OfferUp on PitchBook.
West Virginia: Liberty Hydro — $4 million
Company role: Water purification system
Headquarters location: South Charleston, WV
Read more about Liberty Hydro on PitchBook.
Wisconsin: Propeller Health — $140 million
Company role: Digital medicine management
Headquarters location: Madison, WI
Read more about Propeller Health on PitchBook.
Wyoming: SynAgile — $31 million
Company role: Oral dosing drug developer
Headquarters location: Wilson, WY
Read more about SynAgile on PitchBook.