Who Just Raised

Monthly report · from SEC Form D filings

The state of private funding: January 2025

New raises

906

+1% vs Jan 24

Capital reported

$20.79B

+127% vs Jan 24

Median raise

$2M

$1.2M a year earlier

Month by month

Last 24 months · select a bar for that month

By sector

SectorRaisesRaisedvs year earlier
Technology316$11.83B+676%
Other250$5.17B+438%
Health Care143$1.58B−13%
Financial Services45$1.21B−16%
Energy38$347M+9%
Business Services18$315M+2538%
Media & Entertainment6$132M+2686%
Manufacturing18$81.8M+25%

Busiest states

StateRaisesRaised
California132$12.65B
New York106$1.26B
Texas74$1.58B
Florida40$279M
Massachusetts36$281M
Colorado29$478M
Illinois29$518M
Washington26$519M

The 10 largest raises

January 2025

CompanyWhereSectorRaised
Databricks, Inc.San Francisco, CATechnology$8.59B
Solar Holdco, Inc.Charlotte, NCOther$1.6B
Grupo Gon-Rey Holdings, LLCAnaheim, CAOther$1.42B
Pacific Life Insurance Co.Newport Beach, CAFinancial Services$955M
Immunovant, Inc.New York, NYHealth Care$450M
CCC Intelligent Solutions Holdings Inc.Chicago, ILBusiness Services$296M
Whatnot Inc.San Francisco, CATechnology$262M
Canvasback Oil & Gas, LPMidland, TXEnergy$250M
Kainos GF Holdings LPDallas, TXOther$210M
STOKE Space Technologies, Inc.Kent, WATechnology$184M

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. ← December 2024 · February 2025 →

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