VentureDeal tracks technology crowdfunding transactions across a number of top crowdfunding platforms based in North America.
The chart below shows the distribution of a sample of 1,115 crowdfunding transactions across the top states in the United States from the period of October 2012 to August 2015.
Not surprisingly, California accounted for the vast majority of technology crowdfunding deals by state, a total of 548 during the period.
The San Francisco Bay area is home to two busy online portals, AngelList and FundersClub, and also numerous consumer-oriented startups, so that result is predictable.
New York state came in second with 147 transactions.
Surprisingly, Texas came in third place, ahead of Massachusetts, with 50 deals compared to 37 for Massachusetts.
Illinois rounded out the top five with 24 transactions during the time period.