- Silicon Valley and New York City aren't the only two places where tech startups are launched.
- PitchBook has compiled data on the most valuable startup that's based in each of the 50 U.S. states, as well as Washington, DC.
- From Alabama to Wyoming, these are the most valuable startups headquartered in each state.
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 how much those companies are valued. 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 most valuable startup based in each state:
SEE ALSO: The 27 most valuable private tech companies in the US
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.
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