As of September 2023, private equity and venture capital-backed companies represented 3.5 percent of total private companies in the United States. The U.S. state with the largest PE/VC penetration rate was California, with seven percent. By contrast, West Virginia, Mississippi, and North Dakota were at the bottom of the list, with a penetration rate of less than one percent.
Private equity (PE) and venture capital (VC) penetration rate in private companies in the U.S. 2023, by state
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S&P Global Market Intelligence. (October 16, 2023). Private equity (PE) and venture capital (VC) penetration rate in private companies in the U.S. 2023, by state [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/statistics/297067/pe-vc-penetration-rate-in-private-companies-us/
S&P Global Market Intelligence. "Private equity (PE) and venture capital (VC) penetration rate in private companies in the U.S. 2023, by state." Chart. October 16, 2023. Statista. Accessed December 31, 2024. https://www.statista.com/statistics/297067/pe-vc-penetration-rate-in-private-companies-us/
S&P Global Market Intelligence. (2023). Private equity (PE) and venture capital (VC) penetration rate in private companies in the U.S. 2023, by state. Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/statistics/297067/pe-vc-penetration-rate-in-private-companies-us/
S&P Global Market Intelligence. "Private Equity (Pe) and Venture Capital (Vc) Penetration Rate in Private Companies in The U.S. 2023, by State." Statista, Statista Inc., 16 Oct 2023, https://www.statista.com/statistics/297067/pe-vc-penetration-rate-in-private-companies-us/
S&P Global Market Intelligence, Private equity (PE) and venture capital (VC) penetration rate in private companies in the U.S. 2023, by state Statista, https://www.statista.com/statistics/297067/pe-vc-penetration-rate-in-private-companies-us/ (last visited December 31, 2024)
Private equity (PE) and venture capital (VC) penetration rate in private companies in the U.S. 2023, by state [Graph], S&P Global Market Intelligence, October 16, 2023. [Online]. Available: https://www.statista.com/statistics/297067/pe-vc-penetration-rate-in-private-companies-us/
