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
| Sector | Raises | Raised | vs year earlier |
|---|---|---|---|
| Technology | 316 | $11.83B | +676% |
| Other | 250 | $5.17B | +438% |
| Health Care | 143 | $1.58B | −13% |
| Financial Services | 45 | $1.21B | −16% |
| Energy | 38 | $347M | +9% |
| Business Services | 18 | $315M | +2538% |
| Media & Entertainment | 6 | $132M | +2686% |
| Manufacturing | 18 | $81.8M | +25% |
Busiest states
| State | Raises | Raised |
|---|---|---|
| California | 132 | $12.65B |
| New York | 106 | $1.26B |
| Texas | 74 | $1.58B |
| Florida | 40 | $279M |
| Massachusetts | 36 | $281M |
| Colorado | 29 | $478M |
| Illinois | 29 | $518M |
| Washington | 26 | $519M |
The 10 largest raises
January 2025
| Company | Where | Sector | Raised |
|---|---|---|---|
| Databricks, Inc. | San Francisco, CA | Technology | $8.59B |
| Solar Holdco, Inc. | Charlotte, NC | Other | $1.6B |
| Grupo Gon-Rey Holdings, LLC | Anaheim, CA | Other | $1.42B |
| Pacific Life Insurance Co. | Newport Beach, CA | Financial Services | $955M |
| Immunovant, Inc. | New York, NY | Health Care | $450M |
| CCC Intelligent Solutions Holdings Inc. | Chicago, IL | Business Services | $296M |
| Whatnot Inc. | San Francisco, CA | Technology | $262M |
| Canvasback Oil & Gas, LP | Midland, TX | Energy | $250M |
| Kainos GF Holdings LP | Dallas, TX | Other | $210M |
| STOKE Space Technologies, Inc. | Kent, WA | Technology | $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 →