How much did US private companies raise in March 2016?
1,044 companies reported raises totalling $7.5bn on SEC Form D in March 2016. Energy was the largest sector at $1.8bn, and CA the largest state at $1.8bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Energy led with $1.8bn across 36 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Energy | 36 | $1.8bn | 24% |
| Technology | 312 | $1.8bn | 23% |
| Health | 166 | $1.4bn | 18% |
| Other | 237 | $989m | 13% |
| Finance | 64 | $533m | 7% |
| Real estate | 118 | $531m | 7% |
| Consumer & industrial | 111 | $521m | 7% |
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.
| Company | Where | Industry | Date | Amount |
|---|---|---|---|---|
| Targa Resources Corp. | Houston, TX | Energy | 16 Mar 2016 | $994m |
| Ascent Resources, LLC | Oklahoma City, OK | Energy | 9 Mar 2016 | $500m |
| Wink Parent, Inc. | New York, NY | Health | 31 Mar 2016 | $237m |
| Radio Systems Holdings, Inc. | Knoxville, TN | Consumer & industrial | 7 Mar 2016 | $231m |
| Pegasus Optimization Partners, LLC | College Station, TX | Energy | 1 Mar 2016 | $181m |
| Orexigen Therapeutics, Inc. | La Jolla, CA | Health | 21 Mar 2016 | $165m |
| CERIDIAN HOLDING II LLC | Minneapolis, MN | Technology | 31 Mar 2016 | $150m |
| CNT Holdings I Corp | New York, NY | Health | 9 Mar 2016 | $128m |
| Northside Entertainment Holdings, LLC | Jackson, WY | Other | 31 Mar 2016 | $96m |
| Betterment Holdings, Inc. | New York, NY | Finance | 29 Mar 2016 | $92m |
| Quanergy Systems, Inc. | Sunnyvale, CA | Technology | 4 Mar 2016 | $89.9m |
| Circuit of the Americas LLC | Austin, TX | Other | 9 Mar 2016 | $81m |
| NexBank Capital, Inc. | Dallas, TX | Finance | 15 Mar 2016 | $80m |
| Acutus Medical, Inc. | Carlsbad, CA | Health | 14 Mar 2016 | $75m |
| NexBank Capital, Inc. | Dallas, TX | Finance | 15 Mar 2016 | $75m |
| Mesosphere, Inc. | San Francisco, CA | Technology | 16 Mar 2016 | $73.6m |
| ANKURA HOLDINGS, LP | Washington, DC | Consumer & industrial | 3 Mar 2016 | $69.1m |
| LIQUIDMETAL TECHNOLOGIES INC | Rancho Santa Margarita, CA | Technology | 10 Mar 2016 | $63.4m |
| CLARUS PARENT HOLDINGS, LLC | Rocky Hill, CT | Technology | 17 Mar 2016 | $62.5m |
| Oncorus, Inc. | Cambridge, MA | Other | 31 Mar 2016 | $61.3m |
| ADAR RIDGEPORT INDUSTRIAL PARTNERS (DOMESTIC), LLC | Aventura, FL | Real estate | 29 Mar 2016 | $60.9m |
| Landmark Health, LLC | Huntington Beach, CA | Health | 4 Mar 2016 | $60.8m |
| Ripple Labs Inc. | San Francisco, CA | Technology | 28 Mar 2016 | $55.2m |
| Alcresta, Inc. | Newton, MA | Health | 22 Mar 2016 | $50.9m |
| Unmanned Innovation Inc. | San Francisco, CA | Technology | 29 Mar 2016 | $50.7m |
Which states raised the most?
CA led with $1.8bn across 239 raises.
| State | Raises | Total |
|---|---|---|
| CA | 239 | $1.8bn |
| TX | 80 | $1.6bn |
| NY | 90 | $765m |
| OK | 2 | $501m |
| MA | 64 | $445m |
| TN | 7 | $276m |
| FL | 39 | $253m |
| MN | 17 | $215m |
| WA | 55 | $145m |
| CT | 15 | $139m |
| IL | 33 | $130m |
| CO | 51 | $121m |
| DC | 7 | $104m |
| UT | 17 | $103m |
| WY | 4 | $96.3m |
| NC | 24 | $77.7m |
| NH | 6 | $77.5m |
| OH | 19 | $75.7m |
| GA | 15 | $71.7m |
| PA | 31 | $71m |
| MD | 17 | $55.9m |
| VA | 25 | $52.5m |
| MO | 12 | $49.3m |
| AZ | 29 | $47.3m |
| NJ | 17 | $37m |