How much did US private companies raise in December 2008?

257 companies reported raises totalling $1.5bn on SEC Form D in December 2008. Finance was the largest sector at $473m, and CA the largest state at $553m. Amounts are as reported by the issuers; pooled funds are excluded.

← November 2008January 2009 →Last checked 17 Oct 2026

Which industries raised the most?

Finance led with $473m across 33 raises. Industries follow the SEC's own groups, folded into 7 buckets.

IndustryRaisesTotalShare
Finance33$473m31%
Other47$341m22%
Technology87$277m18%
Health36$180m12%
Real estate15$126m8%
Energy24$88.8m6%
Consumer & industrial15$52.3m3%

What were the largest raises?

The 25 largest filings of the month, with the issuer's own SEC record linked where the filing index is known.

CompanyWhereIndustryDateAmount
STERLING FINANCIAL CORP /WA/Spokane, WAFinance5 Dec 2008$303m
SolFocus, Inc.Mountain View, CAOther19 Dec 2008$77.6m
COBIZ FINANCIAL INCDenver, COFinance19 Dec 2008$64.5m
CATALYST BIOSCIENCES INCSouth San Fransicso, CAHealth1 Dec 2008$40.4m
ANAPHORE, INC.San Diego, CAOther9 Dec 2008$39.9m
Attensity Group, Inc.Palo Alto, CAOther9 Dec 2008$39.6m
CITY FINANCE Co LLCNew York, NYReal estate9 Dec 2008$38.1m
SUMMIT HOTEL PROPERTIES LLCSioux Falls, SDReal estate4 Dec 2008$30.8m
TXL HOLDING CORPNew York, NYOther16 Dec 2008$30.6m
ALIOS BIOPHARMA INCSouth San Francisco, CAHealth23 Dec 2008$30.2m
LUXTERA INCCarlsbad, CATechnology23 Dec 2008$29.9m
Bank of Marin BancorpNovato, CAFinance5 Dec 2008$28m
APP HOLDINGS, INCChicago, ILOther30 Dec 2008$26.5m
Fallbrook Technologies IncSan Diego, CATechnology18 Dec 2008$25.4m
VENIO HOLDING CORPNew York, NYOther31 Dec 2008$24.1m
WATERHEALTH INTERNATIONAL INCIrvine, CAHealth24 Dec 2008$22.2m
ENERGY COAL RESOURCES, INC.Ashland, KYEnergy30 Dec 2008$19.7m
KEAHOLE SOLAR POWER LLCHonolulu, HIEnergy1 Dec 2008$17.9m
KSP EQUITIES 1 LLCHonolulu, HIOther1 Dec 2008$16.6m
CFX BATTERY INCAzusa, CATechnology2 Dec 2008$15.2m
TNP 2008 Participating Notes Program, LLCIrvine, CAReal estate17 Dec 2008$15.1m
PIONEER SURGICAL TECHNOLOGY, INC.Marquette, MIConsumer & industrial16 Dec 2008$15m
Emergent Game Technologies IncCalabasas, CATechnology10 Dec 2008$14.4m
MARATHON TECHNOLOGIES CORPLittleton, MATechnology17 Dec 2008$13.5m
R2 SEMICONDUCTOR INCSunnyvale, CATechnology24 Dec 2008$13m

Which states raised the most?

CA led with $553m across 66 raises.

StateRaisesTotal
CA66$553m
WA16$340m
NY17$120m
CO7$78.3m
OH19$61.7m
HI16$49.7m
TX17$43.7m
MA10$36.7m
SD2$35.1m
PA19$33.4m
IL6$32.6m
MN7$29.6m
FL8$22.9m
KY3$20.6m
MI2$15.8m
VA3$13m
IN2$12m
NJ5$8.4m
AZ5$7.5m
UT6$5.2m
MD3$4.5m
KS2$1.9m
WI1$1.9m
NC1$1.7m
CT1$1.5m

Sources

  1. SEC Form D data sets (quarterly)
  2. How the numbers are built