How much did US private companies raise in May 2016?
970 companies reported raises totalling $7.6bn on SEC Form D in May 2016. Energy was the largest sector at $2.1bn, and CA the largest state at $2.4bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Energy led with $2.1bn across 37 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Energy | 37 | $2.1bn | 28% |
| Real estate | 125 | $1.6bn | 20% |
| Technology | 293 | $1.4bn | 18% |
| Other | 216 | $1bn | 14% |
| Health | 150 | $792m | 10% |
| Consumer & industrial | 98 | $453m | 6% |
| Finance | 51 | $310m | 4% |
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 |
|---|---|---|---|---|
| Five Point Operating Company, LLC | Aliso Viejo, CA | Real estate | 2 May 2016 | $812m |
| LongPoint Minerals, LLC | Denver, CO | Energy | 18 May 2016 | $632m |
| FourPoint Holdings, LLC | Denver, CO | Energy | 31 May 2016 | $591m |
| Rubicon Oilfield International Holdings, L.P. | Houston, TX | Energy | 5 May 2016 | $300m |
| White Star Petroleum Holdings, LLC | Oklahoma City, OK | Energy | 24 May 2016 | $208m |
| Great Lakes Forests 2 Inc. | Boston, MA | Real estate | 26 May 2016 | $150m |
| New Gulf Resources, LLC | Tulsa, OK | Energy | 13 May 2016 | $135m |
| 360 Holdings I Corp. | New York, NY | Consumer & industrial | 18 May 2016 | $125m |
| Wheels Up Partners Holdings LLC | New York, NY | Consumer & industrial | 27 May 2016 | $121m |
| Diamondback Acquisition, Inc. | San Francisco, CA | Other | 31 May 2016 | $112m |
| Zoox, Inc. | Menlo Park, CA | Technology | 23 May 2016 | $103m |
| Rain City Capital, LLC | Kirkland, WA | Finance | 11 May 2016 | $84.4m |
| CVRx, Inc. | Minneapolis, MN | Health | 31 May 2016 | $75.3m |
| TransMedics, Inc. | Andover, MA | Health | 12 May 2016 | $63.7m |
| Promachos Holding, Inc. | San Francisco, CA | Other | 23 May 2016 | $54.5m |
| NF III - A Portfolio, LLC | Atlanta, GA | Real estate | 26 May 2016 | $52m |
| CONNECTURE INC | Brookfield, WI | Technology | 2 May 2016 | $52m |
| Spredfast, Inc. | Austin, TX | Technology | 17 May 2016 | $50.1m |
| Personal Capital Corp | San Carlos, CA | Finance | 17 May 2016 | $50m |
| SAP Aircraft 6 LP | San Francisco, CA | Other | 4 May 2016 | $50m |
| eero inc. | San Francisco, CA | Technology | 13 May 2016 | $49.6m |
| PAYOFF, INC. | Costa Mesa, CA | Other | 31 May 2016 | $46.8m |
| Texas Healthcare Portfolio DST | Oak Brook, IL | Real estate | 31 May 2016 | $45.8m |
| Southern Air & Heat Holdings, LLC | Atlanta, GA | Other | 16 May 2016 | $43.8m |
| Chef'd, Inc. | El Segundo, CA | Other | 17 May 2016 | $35.2m |
Which states raised the most?
CA led with $2.4bn across 226 raises.
| State | Raises | Total |
|---|---|---|
| CA | 226 | $2.4bn |
| CO | 54 | $1.4bn |
| NY | 99 | $650m |
| TX | 79 | $623m |
| MA | 55 | $426m |
| OK | 4 | $374m |
| IL | 38 | $207m |
| WA | 39 | $197m |
| GA | 15 | $158m |
| FL | 36 | $142m |
| NJ | 18 | $134m |
| NC | 35 | $117m |
| MN | 19 | $111m |
| VA | 18 | $69.3m |
| WI | 6 | $57.8m |
| PA | 25 | $55.6m |
| CT | 12 | $50.1m |
| MD | 17 | $47m |
| IN | 12 | $41.2m |
| MI | 15 | $40.6m |
| UT | 8 | $37.3m |
| OH | 19 | $35.5m |
| LA | 6 | $31.1m |
| AZ | 12 | $24.4m |
| OR | 10 | $23.8m |