Monthly report · from SEC Form D filings
The state of private funding: September 2023
New raises
754
−20% vs Sep 22
Capital reported
$7.11B
+4% vs Sep 22
Median raise
$1.2M
$1.6M a year earlier
Month by month
Last 24 months · select a bar for that month
By sector
| Sector | Raises | Raised | vs year earlier |
|---|---|---|---|
| Technology | 254 | $2.34B | −5% |
| Health Care | 124 | $1.8B | +14% |
| Business Services | 17 | $855M | +1533% |
| Other | 186 | $728M | −43% |
| Consumer | 31 | $584M | +1234% |
| Financial Services | 43 | $426M | −51% |
| Manufacturing | 19 | $217M | +90% |
| Energy | 38 | $114M | −43% |
Busiest states
| State | Raises | Raised |
|---|---|---|
| California | 138 | $2.66B |
| New York | 73 | $447M |
| Texas | 62 | $186M |
| Florida | 49 | $630M |
| Colorado | 27 | $64.8M |
| Massachusetts | 24 | $546M |
| Illinois | 23 | $916M |
| North Carolina | 23 | $58.5M |
The 10 largest raises
September 2023
| Company | Where | Sector | Raised |
|---|---|---|---|
| Bdo USA, P.a. | Chicago, IL | Business Services | $748M |
| Databricks, Inc. | San Francisco, CA | Technology | $674M |
| Marine One Holdco, LLC | Fort Lauderdale, FL | Consumer | $537M |
| ImmunityBio, Inc. | San Diego, CA | Health Care | $470M |
| Ascend Elements, Inc. | Westborough, MA | Technology | $460M |
| MAPS Public Benefit Corp | San Jose, CA | Health Care | $215M |
| Nave Holdings Inc. | San Juan, PR | Financial Services | $135M |
| Olema Pharmaceuticals, Inc. | San Francisco, CA | Health Care | $130M |
| Shield AI Inc | San Diego, CA | Technology | $114M |
| AeroVironment Inc | Arlington, VA | Manufacturing | $109M |
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. ← August 2023 · October 2023 →