Monthly report · from SEC Form D filings
The state of private funding: May 2024
New raises
922
−4% vs May 23
Capital reported
$16.08B
+95% vs May 23
Median raise
$1.5M
$1.5M a year earlier
Month by month
Last 24 months · select a bar for that month
By sector
| Sector | Raises | Raised | vs year earlier |
|---|---|---|---|
| Technology | 309 | $9.26B | +325% |
| Health Care | 136 | $2.26B | +15% |
| Other | 247 | $1.94B | +24% |
| Business Services | 23 | $1.45B | −1% |
| Financial Services | 54 | $404M | −34% |
| Manufacturing | 27 | $378M | +796% |
| Consumer | 31 | $180M | +30% |
| Energy | 42 | $170M | −34% |
Busiest states
| State | Raises | Raised |
|---|---|---|
| California | 150 | $8.14B |
| New York | 97 | $918M |
| Texas | 57 | $271M |
| Florida | 51 | $131M |
| Colorado | 49 | $501M |
| Massachusetts | 46 | $1.61B |
| Washington | 24 | $83.6M |
| Illinois | 23 | $63.4M |
The 10 largest raises
May 2024
| Company | Where | Sector | Raised |
|---|---|---|---|
| X.ai Corp. | Burlingame, CA | Technology | $5.02B |
| CoreWeave, Inc. | Roseland, NJ | Technology | $1.15B |
| ALKU Holdings, LLC | Andover, MA | Business Services | $961M |
| Valkyrie Topco, LLC | Westport, CT | Business Services | $445M |
| Figma, Inc. | San Francisco, CA | Other | $416M |
| Meesho, Inc. | Wilmington, DE | Technology | $275M |
| BPCP NSA Holdings, Inc. | Cleveland, OH | Manufacturing | $265M |
| Cidara Therapeutics, Inc. | San Diego, CA | Health Care | $240M |
| Augment Computing, Inc. | Palo Alto, CA | Technology | $227M |
| Emergy Inc. | Boulder, CO | Other | $222M |
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 2024 · June 2024 →