Tucson
Metro area · United States · Pop. 1.1M · WithinWorldNorth AmericaUnited StatesArizonaTucson
Quarterly report
Tucson's latest quarter in venture capital
Venture capital raised by Tucson-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.
Latest complete quarter
Loading VC raised by Tucson-headquartered companies…
Enterprise value
How much Tucson’s VC-backed companies are worth
Combined enterprise value of VC-backed companies headquartered in Tucson, 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 Tucson
VC investment into Tucson-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Largest rounds
Largest funding rounds in Tucson
A live treemap of the largest VC rounds. Each cell is one round into Tucson-headquartered companies, grouped by Dealroom sector.
Largest rounds in Tucson - 2026
Academia
Tucson's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Tucson.
Location comparison
How Tucson stacks up
Compare Tucson 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. Tucson'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 |
| 94 | Tucson | $1.1B | 1.8× | 0 | $18.9M | 113 |
More data
Explore Dealroom data →Get the full Tucson ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.