Venture Capital Concentrated in SF Bay Area
While successful B2B companies can emerge anywhere, venture capital funding is heavily concentrated in the San Francisco Bay Area, particularly in the age of AI.
Recent data from Pitchbook highlights this trend. Large AI investments, including those in companies like OpenAI and Databricks, contribute significantly to this concentration.

This data reflects where the significant venture capital investments are being made.
Deal Count Shows New York's Strength
While the Bay Area leads in funding amount, deal count data reveals a stronger presence for New York.

Despite this, the largest venture capital investments remain centered in the SF Bay Area.
This concentration is a key factor in the current venture capital landscape.