U.S.A. Crowdfunding Map
The heat map below showcases the density of equity crowdfunding activity amongst U.S. states. The darker the shade of blue, the greater the amount raised by campaigns in that particular state. For example, the campaigns of all collective firms headquartered in California have raised the largest amount of money of any state from 2016 to today.
The heat map below presents the total amount raised as a percentage of real gross domestic product (GDP) by equity crowdfunding campaigns in each state for the most recent year. Real GDP is an inflation-adjusted measure that reflects the quantity of goods and services produced by an economy. Our GDP data comes from the U.S. Bureau of Economic Analysis (BEA). The darker the shade of blue, the greater the percentage of the amount raised to GDP by campaigns in that particular state.