How much did US private companies raise in May 2017?
1,050 companies reported raises totalling $8bn on SEC Form D in May 2017. Health was the largest sector at $2.1bn, and CA the largest state at $3.3bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Health led with $2.1bn across 156 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Health | 156 | $2.1bn | 26% |
| Technology | 335 | $1.6bn | 21% |
| Other | 214 | $1.5bn | 19% |
| Real estate | 165 | $1bn | 13% |
| Consumer & industrial | 95 | $734m | 9% |
| Finance | 51 | $548m | 7% |
| Energy | 34 | $476m | 6% |
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 |
|---|---|---|---|---|
| Theranos Inc | Palo Alto, CA | Health | 15 May 2017 | $582m |
| Guardant Health, Inc. | Redwood City, CA | Health | 9 May 2017 | $320m |
| Phoenix Natural Resources Holdings, LLC | Houston, TX | Energy | 11 May 2017 | $253m |
| TriCal Soil Solutions, Inc. | Gilroy, CA | Consumer & industrial | 2 May 2017 | $243m |
| MODERNIZING MEDICINE, INC. | Boca Raton, FL | Other | 8 May 2017 | $206m |
| Radiology Partners Holdings, LLC | El Segundo, CA | Health | 2 May 2017 | $200m |
| NFP Ultimate Holdings, LLC | New York, NY | Other | 22 May 2017 | $198m |
| FB Financial Corp | Nashville, TN | Finance | 26 May 2017 | $158m |
| Brightview Senior Living VII, LLC | Baltimore, MD | Real estate | 3 May 2017 | $156m |
| Fitness Food Holdings, LLC | Austin, TX | Consumer & industrial | 2 May 2017 | $118m |
| VIRTUSA CORP | Westborough, MA | Technology | 3 May 2017 | $108m |
| Five Point Operating Company, LLC | Aliso Viejo, CA | Real estate | 15 May 2017 | $100m |
| Zena Holdings, LLC | San Francisco, CA | Other | 16 May 2017 | $95.9m |
| Venture Global LNG, Inc. | Washington, DC | Energy | 19 May 2017 | $81.4m |
| Gee Automotive Holdings, LLC | Liberty Lake, WA | Consumer & industrial | 1 May 2017 | $76.5m |
| OSG Group Holdings, Inc. | Ridgefield Park, NJ | Other | 30 May 2017 | $68.1m |
| AMYRIS, INC. | Emeryville, CA | Consumer & industrial | 8 May 2017 | $65.2m |
| Sterling Properties, LLLP | Fargo, ND | Real estate | 1 May 2017 | $59.7m |
| Outpost Medicine, LLC | Lexington, MA | Other | 15 May 2017 | $56m |
| Smule, Inc. | San Francisco, CA | Technology | 4 May 2017 | $54.4m |
| ClassPass Inc. | New York, NY | Technology | 26 May 2017 | $54.1m |
| Algolia, Inc. | San Francisco, CA | Technology | 26 May 2017 | $53m |
| Deciphera Pharmaceuticals, LLC | Waltham, MA | Health | 26 May 2017 | $52.3m |
| SMARTSHEET INC | Bellevue, WA | Technology | 19 May 2017 | $52.1m |
| Gainsight, Inc. | Redwood City, CA | Technology | 3 May 2017 | $51.5m |
Which states raised the most?
CA led with $3.3bn across 231 raises.
| State | Raises | Total |
|---|---|---|
| CA | 231 | $3.3bn |
| TX | 78 | $731m |
| NY | 96 | $583m |
| MA | 50 | $540m |
| FL | 47 | $470m |
| WA | 59 | $298m |
| MD | 22 | $225m |
| IL | 41 | $191m |
| TN | 20 | $177m |
| CO | 51 | $126m |
| NJ | 16 | $122m |
| PA | 31 | $121m |
| VA | 27 | $95m |
| GA | 16 | $89.7m |
| MN | 19 | $88.8m |
| MI | 19 | $84.5m |
| DC | 3 | $82.4m |
| OR | 20 | $67.6m |
| NC | 31 | $66.6m |
| OH | 23 | $64.3m |
| ND | 2 | $60.7m |
| NV | 9 | $45.4m |
| AL | 5 | $38.3m |
| MO | 12 | $38.3m |
| CT | 10 | $36.9m |