Austin Ranks the No. 3 U.S. Venture Capital Market

Austin just reached its highest-ever position among America's venture capital markets, moving ahead of Los Angeles and Boston.

The numbers:

• No. 3 U.S. venture capital market
• $32.8B raised through Q3 2026
• Nearly 2x Austin's previous full-year record of $17.6B in 2025
• $3.2B raised by The Boring Company in Q3
• $1B raised by Base Power
• $500M each raised by Aalo Atomics and Fab2
• $450M raised by Function Health

Austin now trails only the San Francisco/San Jose region and New York in total venture investment. It's becoming a significantly larger center of gravity for U.S. venture capital.