Since the beginning of 2005, VC investors have completed 161 financings involving U.S.-headquartered companies in the capital markets/institutions industry, according to the PitchBook Platform. New York and California have been the most active states in that time, each accounting for just about 28% of the industry’s deal flow. Colorado and Texas are next in line, accounting for 13% and nearly 7% of those financings, respectively. All four of those states have been home to at least one deal in the space in the past twelve months.
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