Who Just RaisedMonthly report · from SEC Form D filings
The state of private funding: May 2023
New raises
962
−12% vs May 22
Capital reported
$8.26B
−37% vs May 22
Median raise
$1.5M
$2M a year earlier
Month by month
Last 24 months · select a bar for that month
By sector
| Sector | Raises | Raised | vs year earlier |
|---|---|---|---|
| Technology | 329 | $2.18B | −55% |
| Health Care | 159 | $1.96B | −13% |
| Other | 240 | $1.57B | −65% |
| Business Services | 18 | $1.46B | +1845% |
| Financial Services | 42 | $610M | −28% |
| Energy | 52 | $259M | +18% |
| Consumer | 34 | $139M | +19% |
| Manufacturing | 27 | $42.2M | −69% |
Busiest states
| State | Raises | Raised |
|---|---|---|
| California | 152 | $1.37B |
| New York | 92 | $682M |
| Texas | 81 | $1.93B |
| Massachusetts | 51 | $1.71B |
| Florida | 49 | $207M |
| Washington | 36 | $112M |
| Colorado | 34 | $226M |
| North Carolina | 25 | $94.3M |
The 10 largest raises
May 2023
| Company | Where | Sector | Raised |
|---|---|---|---|
| Talen Energy Corp | The Woodlands, TX | Business Services | $1.38B |
| BCPE OceanDrive Holdings, LP | Boston, MA | Health Care | $636M |
| Silk Holdings I Corp. | Boston, MA | Other | $298M |
| SageSure LLC | Jersey City, NJ | Financial Services | $240M |
| Gradiant Corp | Woburn, MA | Other | $225M |
| Bullwhip Topco, LLC | San Francisco, CA | Other | $175M |
| Rarestep, Inc. | Birmingham, AL | Technology | $145M |
| Kortuc USA Inc. | Menlo Park, CA | Health Care | $109M |
| Vedanta Biosciences, Inc. | Cambridge, MA | Health Care | $107M |
| Pinecone Systems, Inc. | New York, NY | Technology | $100M |
New Form D notices from operating companies (investment funds and vehicles excluded), as reported to the SEC; raises over $10B are left out of totals. ← April 2023 · June 2023 →