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Upstate New York

Metro area · United States · Pop. 6.4M · WithinWorldNorth AmericaUnited StatesNew York StateUpstate New York

Startup funnel

Upstate New York's startup funnel

Companies headquartered in Upstate New York at each stage today, by total VC raised. Hover or tap a bar for the split.

976
Startups
$100K–15M raised

414 pre-seed · 330 seed · 232 Series A

145
Breakouts
$15–100M raised

95 Series B · 50 Series C

27
Scaleups
$100M+ raised

20 Mega · 7 Mega+

8
Unicorns and/or $100M+ revenue

5 valued at $1B+ · 7 with $100M+ revenue · 4 both

Source: Dealroom.co

Quarterly report

Upstate New York's latest quarter in venture capital

Venture capital raised by Upstate New York-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.

Latest complete quarter

 

Loading VC raised by Upstate New York-headquartered companies…

Enterprise value

How much Upstate New York’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in Upstate New York, 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 Upstate New York

VC investment into Upstate New York-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Largest rounds

Largest funding rounds in Upstate New York

A live treemap of the largest VC rounds. Each cell is one round into Upstate New York-headquartered companies, grouped by Dealroom sector.

Largest rounds in Upstate New York - 2026

Every $15M+ VC round into Upstate New York-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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Academia

Upstate New York's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Upstate New York.

University-linked startup formation
178
University spinouts
4,568
Total alumni-founded companies
2,741
Of which startups (<$15M raised)
1,339
Breakouts ($15M-100M)
488
Scaleups ($100M+)

Location comparison

How Upstate New York stacks up

Compare Upstate New York 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.

$112B
$87.3B
$67.7B
$64.2B
$62B
$60.6B
Upstate New York
$37.4B

Combined enterprise value of each ecosystem.

Get the full Upstate New York ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.