Duluth
Metro area · United States · Pop. 327K · WithinWorldNorth AmericaUnited StatesDuluth
Quarterly report
Duluth's latest quarter in venture capital
Venture capital raised by Duluth-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by Duluth-headquartered companies…
Enterprise value
How much Duluth’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Duluth, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.
VC investment
How much venture capital flows into Duluth
VC investment into Duluth-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Largest rounds
Largest funding rounds in Duluth
A live treemap of the largest VC rounds. Each cell is one round into Duluth-headquartered companies, grouped by Dealroom sector.
Largest rounds in Duluth - 2026
Academia
Duluth's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Duluth.
Location comparison
How Duluth stacks up
Compare Duluth with peers from the same country (United States) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top cities in United States ranked by combined EV. Duluth's row is highlighted (#12).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Bay Area | $20.1T | 8.0× | 895 | $158B | 24.9K |
| 2 | Seattle | $2.9T | 4.5× | 71 | $6.9B | 2,994 |
| 3 | Austin | $2T | 13.7× | 63 | $7.9B | 2,749 |
| 4 | Los Angeles | $1.6T | 7.7× | 166 | $17.6B | 8,766 |
| 5 | New York City | $1.5T | 5.0× | 326 | $32B | 16.8K |
| 6 | Boston | $1.2T | 4.4× | 211 | $13B | 6,417 |
| 7 | Miami | $684B | 11.9× | 43 | $3B | 2,981 |
| 8 | San Diego | $327B | 5.0× | 64 | $3.4B | 2,252 |
| 9 | Washington DC | $285B | 3.4× | 63 | $4.1B | 2,583 |
| 10 | Chicago | $263B | 3.7× | 54 | $2.3B | 2,855 |
| 11 | Dallas | $225B | 4.1× | 48 | $2.1B | 2,088 |
| 99 | Duluth | $305.6M | 1.0× | 0 | $0 | 26 |
More data
Explore Dealroom data →Get the full Duluth ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.