How much did US private companies raise in February 2019?
856 companies reported raises totalling $7.5bn on SEC Form D in February 2019. Technology was the largest sector at $2.4bn, and CA the largest state at $1.4bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Technology led with $2.4bn across 245 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Technology | 245 | $2.4bn | 32% |
| Health | 120 | $2.3bn | 30% |
| Other | 184 | $1.1bn | 15% |
| Real estate | 164 | $854m | 11% |
| Consumer & industrial | 79 | $512m | 7% |
| Finance | 46 | $249m | 3% |
| Energy | 18 | $68.7m | 1% |
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 |
|---|---|---|---|---|
| Sana Biotechnology, Inc. | Seattle, WA | Health | 13 Feb 2019 | $821m |
| Hedera Hashgraph, LLC | Richardson, TX | Technology | 18 Feb 2019 | $696m |
| COVETRUS, INC. | Portland, ME | Health | 7 Feb 2019 | $361m |
| Sila Nanotechnologies, Inc. | Alameda, CA | Technology | 28 Feb 2019 | $219m |
| PAPA JOHNS INTERNATIONAL INC | Louisville, KY | Consumer & industrial | 3 Feb 2019 | $200m |
| INTARCIA THERAPEUTICS, INC | Boston, MA | Health | 26 Feb 2019 | $198m |
| CISION LTD. | Chicago, IL | Other | 6 Feb 2019 | $128m |
| RECURSION PHARMACEUTICALS, INC. | Salt Lake City, UT | Health | 12 Feb 2019 | $122m |
| MARCUS CORP | Milwaukee, WI | Other | 1 Feb 2019 | $109m |
| Secura Bio Holdings, Inc. | San Diego, CA | Health | 27 Feb 2019 | $105m |
| Oyster Point Pharma, Inc. | Princeton, NJ | Health | 15 Feb 2019 | $85m |
| 1stdibs.com, Inc. | New York, NY | Consumer & industrial | 7 Feb 2019 | $79.8m |
| Fractal Industries, Inc. | Reston, VA | Technology | 5 Feb 2019 | $78.6m |
| NJOY HOLDINGS, INC. | Scottsdale, AZ | Other | 6 Feb 2019 | $76.4m |
| Figure Technologies Inc. | San Francisco, CA | Other | 15 Feb 2019 | $73.6m |
| Medallia, Inc. | San Mateo, CA | Technology | 25 Feb 2019 | $70m |
| Chinook Therapeutics U.S., Inc. | Seattle, WA | Technology | 6 Feb 2019 | $65m |
| Graham Commercial Properties, LLC | Bimingham, AL | Real estate | 25 Feb 2019 | $63.6m |
| C3.ai, Inc. | Redwood City, CA | Technology | 27 Feb 2019 | $51.8m |
| Americana Portfolio IV LP | New York, NY | Real estate | 26 Feb 2019 | $51.5m |
| Smile Family, Inc. | San Mateo, CA | Other | 6 Feb 2019 | $49.4m |
| Pie Insurance Holdings, Inc. | Washington, DC | Finance | 5 Feb 2019 | $45m |
| KOCH INDUSTRIES INC | Wichita, KS | Other | 28 Feb 2019 | $42.4m |
| Pantheon Systems, Inc. | San Francisco, CA | Technology | 14 Feb 2019 | $41.5m |
| Figma, Inc. | San Francisco, CA | Other | 8 Feb 2019 | $40m |
Which states raised the most?
CA led with $1.4bn across 170 raises.
| State | Raises | Total |
|---|---|---|
| CA | 170 | $1.4bn |
| WA | 39 | $1bn |
| TX | 62 | $873m |
| NY | 107 | $859m |
| MA | 53 | $437m |
| ME | 4 | $361m |
| IL | 32 | $312m |
| VA | 28 | $219m |
| UT | 12 | $209m |
| KY | 6 | $203m |
| NJ | 16 | $150m |
| CO | 42 | $150m |
| WI | 7 | $144m |
| FL | 39 | $120m |
| AZ | 12 | $109m |
| AL | 7 | $86.7m |
| NC | 25 | $80.1m |
| DC | 6 | $74.4m |
| PA | 18 | $74m |
| MD | 15 | $62.8m |
| MN | 12 | $58.5m |
| MI | 15 | $53m |
| OH | 21 | $52.7m |
| KS | 4 | $50m |
| IN | 9 | $45.2m |