Valuations by Geo (US vs Europe)

Christian Hernandez
2 min readJan 8, 2018

In 2015 I had posted AngelList salaries by location to benchmark differences between key hubs in the US and Europe. They have more recently added valuations by location. You can play around with the dashboard HERE.

The data is compiled based on the following methodology:

  • All valuations are post–2010.
  • Data is sourced from our done deals list, as well as featured startups with confirmed high quality investors.
  • Does not include valuations over $10,000,000 or under $10,000.
  • Does include caps for debt rounds.
  • Don’t use this to choose a valuation.
  • Keep in mind the difference between correlation and causation.

(Each bar below indicates a deal on the platform)

All the data with plenty of more filters is available here

The Valley
(San Francisco is listed separately but average was the same)

Los Angeles

New York City

Travis County (Austin)


(assume it goes from city to country due to # deals from non-US geos)


Maharashtra (India)
(For comparison Mumbai/Pune seem to be doing well relatively)



Christian Hernandez

Partner at @2150-vc backing technologies that make our world more resilient and sustainable. Salvadoran-born Londoner. YGL of the @wef Father ^3