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.
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The most valuable startup based in each of the 50 United States
PitchBook recently compiled a list of the most valuable startups headquartered in each of the 50 United States, including Washington D.C.
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).
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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 .
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Alaska: ADS-B Technologies — $4.3 million
Company role: Air traffic management surveillance
Headquarters location: Anchorage, AK
Read more about ADS-B Technologies .
Arizona: Infusionsoft — $500 million
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Company role: Sales and marketing analytics
Headquarters location: Chandler, AZ
Read more about Infusionsoft .
Arkansas: OneCountry — $100 million
Company role: Country lifestyle news
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Headquarters location: Fayetteville, AR
Read more about OneCountry .
California: Uber — $72 billion
Company role: Ride-hailing and delivery platform
Headquarters location: San Francisco, CA
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Read more about Uber .
Colorado: Welltok — $625 million
Company role: Consumer health software
Headquarters location: Denver, CO
Read more about Welltok .
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Connecticut: Butterfly Network — $1.2 billion
Company role: Accessible medical imaging
Headquarters location: Guilford, CT
Read more about Butterfly Network .
Delaware: NeuroRx — $91 million
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Company role: Drug treatment for mental health disorders
Headquarters location: Wilmington, DE
Read more about NeuroRx .
Washington, D.C.: Vox Media — $1.1 billion
Company role: Media company behind online news publications including The Verge and Vox.com.
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Headquarters location: Washington, DC
Read more about Vox Media .
Florida: Magic Leap — $6.4 billion
Company role: Augmented reality smartglasses and software.
Headquarters location: Plantation, FL
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Read more about Magic Leap .
Georgia: Kabbage — $1.2 billion
Company role: App for small business loans
Headquarters location: Atlanta, GA
Read more about Kabbage .
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Hawaii: Convergence CT — $60 million
Company role: Healthcare data analytics
Headquarters location: Honolulu, HI
Read more about Convergence CT .
Idaho: Cradlepoint — $414 million
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Company role: Wireless network routers
Headquarters location: Boise, ID
Read more about Cradlepoint .
Illinois : Uptake — $2.3 billion
Company role: Predictive analytics platform
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Headquarters location: Chicago, IL
Read more about Uptake .
Indiana: Scale Computing — $60 million
Company role: Cloud-based data storage platform
Headquarters location: Indianapolis, IN
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Read more about Scale Computing .
Iowa: Syncbak — $100 million
Company role: Live-streaming platform
Headquarters location: Cedar Rapids, IA
Read more about Syncbak .
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Kansas: C2FO — $813 million
Company role: Cash flow marketplace
Headquarters location: Leawood, KS
Read more about C2FO .
Kentucky: Venminder — $40 million
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Company role: Financial third-party risk management
Headquarters location: Elizabethtown, KY
Read more about Venminder .
Louisiana: Zlien — $50 million
Company role: Payment platform for construction workers
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Headquarters location: New Orleans, LA
Read more about Zlien .
Maine: Blue Tarp Financial — $45 million
Company role: B2B credit management
Headquarters location: Portland, ME
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Read more about Blue Tarp Financial .
Maryland: IronNet Cybersecurity — $578 million
Company role: Cybersecurity technology
Headquarters location: Fulton, MD
Read more about IronNet Cybersecurity .
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Massachusetts: Moderna Therapeutics — $7.1 billion
Company role: Vaccines and therapeutic drugs
Headquarters location: Cambridge, MA
Read more about Moderna Therapeutics .
Michigan: Plex Systems — $485 million
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Company role: Manufacturing industry software
Headquarters location: Troy, MI
Read more about Plex Systems .
Minnesota: Bright Health — $400 million
Company role: Health insurance services
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Headquarters location: Minneapolis, MN
Read more about Bright Health .
Mississippi: Diabetes Care Group — $19 million
Company role: Diabetes care services
Headquarters location: Jackson, MS
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Read more about Diabetes Care Group .
Missouri: Essence Group Holdings — $1.1 billion
Company role: Healthcare-management software
Headquarters location: St. Louis, MO
Read more about Essence Group Holdings .
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Montana: onXmaps — $120 million
Company role: GPS hunting app
Headquarters location: Missoula, MT
Read more about onXmaps .
Nebraska: hudl — $460 million
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Company role: Sports performance analytics software
Headquarters location: Lincoln, NE
Read more about hudl .
Nevada: Influential — $62 million
Company role: AI influencer data
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Headquarters location: Las Vegas, NV
Read more about Influential .
New Hampshire: Adimab — $530 million
Company role: Antibody drug developer
Headquarters location: Lebanon, NH
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Read more about Adimab .
New Jersey: Celularity — $480 million
Company role: Drug developer using
Headquarters location: Warren, NJ
Read more about Celularity .
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New Mexico: Skorpios Technologies — $730 million
Company role: Semiconductor and chip manufacturer
Headquarters location: Albuquerque, NM
Read more about Skorpios Technologies .
New York: WeWork — $21 billion
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Company role: Shared office workspaces
Headquarters location: New York, NY
Read more about WeWork .
North Carolina: AvidXchange — $1.4 billion
Company role: Invoice payment management software
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Headquarters location: Charlotte, NC
Read more about Avidxchange .
North Dakota: Intelligent InSites — $50 million
Company role: Healthcare optimization software
Headquarters location: West Fargo, ND
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Read more about Intelligent InSites .
Ohio: Root Insurance — $1 billion
Company role: Car insurance platform
Headquarters location: Columbus, OH
Read more about Root Insurance .
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Oklahoma: ProCure — $339 million
Company role: Cancer radiation therapy
Headquarters location: Oklahoma City, OK
Read more about ProCure .
Oregon: Puppet — $652 million
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Company role: IT management software
Headquarters location: Portland, OR
Read more about Puppet .
Pennsylvania: Duolingo — $700 million
Company role: Language learning app
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Headquarters location: Pittsburgh, PA
Read more about Duolingo .
Rhode Island: NanoSteel — $142 million
Company role: Steel sheet manufacturer
Headquarters location: Providence, RI
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Read more about NanoSteel .
South Carolina: Ceterus — $50 million
Company role: Small business bookkeeping software
Headquarters location: Charleston, SC
Read more about Ceterus .
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South Dakota: ImmutriX Therapeutics — $8.2 million
Company role: Blood cleansing medical device
Headquarters location: Rapid City, SD
Read more about ImmutriX Therapeutics .
Tennessee: Digital Reasoning — $270 million
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Company role: AI computing software
Headquarters location: Franklin, TN
Read more about Digital Reasoning .
Texas: Hyla Mobile — $650 million
Company role: Mobile phone trade-in program
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Headquarters location: Farmers Branch, TX
Read more about Hyla Mobile .
Utah: Qualtrics — $2.5 billion
Company role: Survey and data software
Headquarters location: Provo, UT
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Read more about Qualtrics .
Vermont: ipCreate — $171 million
Company role: On-demand patent creation for inventions
Headquarters location: Williston, VT
Read more about ipCreate on PitchBook.
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Virginia: Endgame — $465 million
Company role: Endpoint security platform
Headquarters location: Arlington, VA
Read more about Endgame on PitchBook.
Washington: OfferUp — $1.4 billion
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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
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Headquarters location: South Charleston, WV
Read more about Liberty Hydro .
Wisconsin: Propeller Health — $140 million
Company role: Digital medicine management
Headquarters location: Madison, WI
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Read more about Propeller Health .
Wyoming: SynAgile — $31 million
Company role: Oral dosing drug developer
Headquarters location: Wilson, WY
Read more about SynAgile .
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