Who Just RaisedMonthly report · from SEC Form D filings
The state of private funding: February 2025
New raises
766
−1% vs Feb 24
Capital reported
$13.5B
+30% vs Feb 24
Median raise
$1.5M
$1.8M a year earlier
Month by month
Last 24 months · select a bar for that month
By sector
| Sector | Raises | Raised | vs year earlier |
|---|---|---|---|
| Other | 208 | $5.88B | +5% |
| Manufacturing | 16 | $2.7B | +1720% |
| Technology | 260 | $2.36B | +46% |
| Health Care | 133 | $1.8B | −9% |
| Financial Services | 30 | $477M | +45% |
| Agriculture | 5 | $93.7M | +239% |
| Energy | 29 | $66.8M | −86% |
| Mining & Metals | 32 | $60.6M | +132% |
Busiest states
| State | Raises | Raised |
|---|---|---|
| California | 119 | $6.6B |
| New York | 84 | $383M |
| Texas | 64 | $900M |
| Massachusetts | 40 | $672M |
| Florida | 38 | $242M |
| Colorado | 26 | $108M |
| Pennsylvania | 21 | $153M |
| Delaware | 20 | $98.6M |
The 10 largest raises
February 2025
| Company | Where | Sector | Raised |
|---|---|---|---|
| Einstein Topco, L.P. | San Francisco, CA | Other | $4.96B |
| Tempur Sealy International, Inc. | Lexington, KY | Manufacturing | $2.25B |
| New Precision Parent, LLC | Charlotte, NC | Manufacturing | $419M |
| Simplicity Group Holdings, LP | Summit, NJ | Financial Services | $381M |
| Eikon Therapeutics, Inc. | Hayward, CA | Health Care | $351M |
| Saronic Technologies, Inc. | Austin, TX | Technology | $348M |
| Counsel AI Corp | San Francisco, CA | Technology | $300M |
| Apptronik, Inc | Austin, TX | Technology | $231M |
| Tectonic Therapeutic, Inc. | Watertown, MA | Health Care | $185M |
| Aligos Therapeutics, Inc. | South San Francisco, CA | Health Care | $105M |
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. ← January 2025 · March 2025 →