Colorado

Highlights

• #3 of 50: Startup formation
• #5 of 50: Venture capital
• #5 of 50: Scale-ups

The seven inputs

Each input is a z-score against the other states: 0 is the average state, and each step is one standard deviation (capped at ±3). Ranks are among the 50 states.

• Venture capital +1.2 #5 of 50
• Startup formation +1.3 #3 of 50
• Scale-ups +1.1 #5 of 50
• Economic output and wealth +0.9 #7 of 50
• Innovation and patents +0.7 #6 of 50
• Talent +0.5 #16 of 50
• Momentum -0.6 #41 of 50

Top companies

The largest companies headquartered in Colorado, by latest annual revenue.

1. Arrow Electronics, Inc. ARW · Technology · Centennial · Denver, CO metro $30.9B
2. Newmont Corporation NEM · Materials · Denver, CO $22.7B
3. Pilgrim's Pride Corporation PPC · Consumer Staples · Greeley, CO $18.5B
4. EchoStar Corporation ECHO · Communication Services · Englewood · Denver, CO metro $15.0B
5. DaVita Inc. DVA · Healthcare · Denver, CO $13.6B

Roots Density Data, All Companies (public: SEC filings; private: Forbes Top Private Companies 2025). Ranked by latest annual revenue.

Metros in Colorado

• Denver, CO #8 of 109 metros 68
• Colorado Springs, CO #61 of 109 metros 40
• Greeley, CO #88 of 109 metros 23