Who Just RaisedMonthly report · from SEC Form D filings
The state of private funding: June 2025
New raises
791
+1% vs Jun 24
Capital reported
$10.86B
+36% vs Jun 24
Median raise
$1.8M
$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 | 269 | $4.18B | +34% |
| Health Care | 110 | $2.21B | +47% |
| Other | 208 | $1.78B | −17% |
| Financial Services | 55 | $1.61B | +564% |
| Energy | 29 | $748M | +65% |
| Mining & Metals | 34 | $122M | −49% |
| Manufacturing | 24 | $70.7M | −21% |
| Agriculture | 8 | $54.4M | +671% |
Busiest states
| State | Raises | Raised |
|---|---|---|
| California | 121 | $4.41B |
| New York | 81 | $394M |
| Texas | 63 | $1.24B |
| Florida | 43 | $221M |
| Massachusetts | 37 | $179M |
| Colorado | 36 | $87.9M |
| Illinois | 28 | $170M |
| Washington | 27 | $82.8M |
The 10 largest raises
June 2025
| Company | Where | Sector | Raised |
|---|---|---|---|
| Pacific Life Insurance Co. | Newport Beach, CA | Financial Services | $1.02B |
| Asset Entities Inc. | Dallas, TX | Technology | $750M |
| Kindly MD, Inc. | Salt Lake City, UT | Health Care | $712M |
| Neuralink Corp. | Fremont, CA | Health Care | $649M |
| Silicon Ranch Corp | Nashville, TN | Energy | $451M |
| SharpLink Gaming, Inc. | Minneapolis, MN | Technology | $425M |
| Grammarly, Inc. | San Francisco, CA | Technology | $348M |
| Abridge AI Inc. | Philadelphia, PA | Technology | $316M |
| Phantom Parent, LP | Jeffersonville, IN | Other | $305M |
| Impulse Space, Inc. | Redondo Beach, CA | Other | $295M |
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. ← May 2025 · July 2025 →