Monthly report · from SEC Form D filings
The state of private funding: June 2023
New raises
930
−6% vs Jun 22
Capital reported
$6.05B
−53% vs Jun 22
Median raise
$1.6M
$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 | 336 | $2.79B | −48% |
| Health Care | 164 | $1.59B | +29% |
| Other | 245 | $784M | −78% |
| Manufacturing | 34 | $226M | +929% |
| Business Services | 11 | $148M | +582% |
| Financial Services | 28 | $145M | −93% |
| Consumer | 24 | $143M | +149% |
| Mining & Metals | 28 | $88.3M | +479% |
Busiest states
| State | Raises | Raised |
|---|---|---|
| California | 153 | $1.4B |
| New York | 106 | $709M |
| Texas | 72 | $448M |
| Florida | 45 | $126M |
| Massachusetts | 43 | $950M |
| Illinois | 35 | $162M |
| Colorado | 31 | $132M |
| Washington | 25 | $106M |
The 10 largest raises
June 2023
| Company | Where | Sector | Raised |
|---|---|---|---|
| Cengage Learning Holdings II, Inc. | Boston, MA | Technology | $525M |
| Aledade, Inc. | Bethesda, MD | Technology | $260M |
| HPA SPQ Topco, LP | New York, NY | Technology | $162M |
| Carmot Therapeutics Inc. | Berkeley, CA | Health Care | $150M |
| Eikon Therapeutics, Inc. | Hayward, CA | Health Care | $141M |
| Re:Car, Inc. | Framingham, MA | Manufacturing | $111M |
| Measurabl, Inc. | San Diego, CA | Business Services | $92.6M |
| OneOncology Management Holdco, LLC | Nashville, TN | Health Care | $75.2M |
| Pagaya Technologies Ltd. | Tel-Aviv, Israel | Technology | $75M |
| UC Holdings, Inc. | Southfield, MI | Manufacturing | $75M |
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. ← May 2023 · July 2023 →