Monthly report · from SEC Form D filings
The state of private funding: November 2023
New raises
764
−18% vs Nov 22
Capital reported
$6.28B
−65% vs Nov 22
Median raise
$1.3M
$1.7M a year earlier
Month by month
Last 24 months · select a bar for that month
By sector
| Sector | Raises | Raised | vs year earlier |
|---|---|---|---|
| Other | 185 | $2.22B | −71% |
| Technology | 283 | $1.62B | −41% |
| Health Care | 145 | $1.59B | −33% |
| Financial Services | 30 | $540M | −80% |
| Energy | 22 | $128M | −49% |
| Consumer | 28 | $99.3M | −4% |
| Mining & Metals | 22 | $30.2M | +75% |
| Manufacturing | 21 | $28.7M | −98% |
Busiest states
| State | Raises | Raised |
|---|---|---|
| California | 124 | $1.67B |
| New York | 67 | $500M |
| Massachusetts | 52 | $327M |
| Florida | 45 | $145M |
| Texas | 42 | $462M |
| Delaware | 27 | $125M |
| North Carolina | 24 | $209M |
| Colorado | 24 | $127M |
The 10 largest raises
November 2023
| Company | Where | Sector | Raised |
|---|---|---|---|
| JUUL Labs, Inc. | Washington, D.C., DC | Other | $1.27B |
| Next Insurance, Inc. | Palo Alto, CA | Financial Services | $225M |
| Infinitum Electric Inc. | Round Rock, TX | Technology | $185M |
| Kyverna Therapeutics, Inc. | Emeryville, CA | Health Care | $152M |
| RefleXion Medical, Inc. | Hayward, CA | Health Care | $107M |
| Grey Orange International Inc. | Roswell, GA | Technology | $103M |
| Aligos Therapeutics, Inc. | South San Francisco, CA | Health Care | $92.2M |
| VYNE Therapeutics Inc. | Bridgewater, NJ | Health Care | $88.2M |
| Bowery Farming Inc. | New York, NY | Technology | $85.4M |
| OrsoBio, Inc. | Palo Alto, CA | Health Care | $84.6M |
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. ← October 2023 · December 2023 →