An interesting infographic from CB Insights reveals four Finovate/FinDEVr alums to be the most well-funded tech startups in their respective states.
“Using CB Insights data, we analyzed the most well-funded startups by state, based on disclosed equity funding,” read the CB Insights blog accompanying the map. The survey did not include debt funding and companies that had to have raised at least $5 million. The survey also excluded Alaska or Hawaii, which had no qualifying startups.
Avalara (Washington State)
- Headquarters: Seattle/Bainbridge Island
- Total capital raised: $223.63 million
- Latest demo: FinDEVr San Francisco 2015
CashStar (Maine)
- Headquarters: Portland
- Total capital raised: $43 million
- Latest demo: FinovateFall 2011
edo Interactive (Tennessee)
- Headquarters: Nashville
- Total capital raised: $91.5 million
- Latest demo: FinovateSpring 2012
Kabbage (Georgia)
- Headquarters: Atlanta
- Total capital raised: $238.65 million
- Latest demo: FinovateSpring 2015
For more on funding for Finovate alums, check out our funding year-in-review, Finovate Alums Raise More than $3 Billion in 2015.