How much did US private companies raise in May 2019?
1,131 companies reported raises totalling $13.4bn on SEC Form D in May 2019. Technology was the largest sector at $3.1bn, and CA the largest state at $4.4bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Technology led with $3.1bn across 324 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Technology | 324 | $3.1bn | 23% |
| Other | 268 | $2.5bn | 18% |
| Finance | 60 | $2.3bn | 17% |
| Health | 170 | $2.2bn | 16% |
| Consumer & industrial | 95 | $2bn | 15% |
| Real estate | 180 | $1.1bn | 8% |
| Energy | 34 | $263m | 2% |
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 |
|---|---|---|---|---|
| Remitly Global, Inc. | Seattle, WA | Finance | 31 May 2019 | $1.4bn |
| EP Global Production Solutions, LLC | Fort Worth, TX | Consumer & industrial | 10 May 2019 | $976m |
| Catalent, Inc. | Somerset, NJ | Health | 17 May 2019 | $650m |
| Social Finance, Inc. | San Francisco, CA | Finance | 29 May 2019 | $539m |
| Rappi, Inc. | San Francisco, CA | Technology | 7 May 2019 | $475m |
| API Holdings I LP | New York, NY | Consumer & industrial | 9 May 2019 | $355m |
| 2U, Inc. | Lanham, MD | Technology | 22 May 2019 | $324m |
| CIRE OpCo I, LLC | San Diego, CA | Real estate | 1 May 2019 | $303m |
| Impossible Foods Inc. | Redwood City, CA | Other | 8 May 2019 | $300m |
| eShares Inc | Palo Alto, CA | Other | 3 May 2019 | $271m |
| Sonder Canada Inc. | San Francisco, CA | Consumer & industrial | 21 May 2019 | $210m |
| Nextdoor, Inc. | San Francisco, CA | Technology | 8 May 2019 | $170m |
| NJOY HOLDINGS, INC. | Scottsdale, AZ | Other | 3 May 2019 | $137m |
| Wheels Up Partners Holdings LLC | New York, NY | Consumer & industrial | 17 May 2019 | $128m |
| FireEye, Inc. | Milpitas, CA | Technology | 28 May 2019 | $126m |
| CSAC ACQUISITION INC. | New York, NY | Other | 24 May 2019 | $125m |
| Allovir, Inc. | Houston, TX | Health | 8 May 2019 | $121m |
| Sumo Logic, Inc. | Redwood City, CA | Technology | 1 May 2019 | $110m |
| Better Choice Co Inc. | Brooklyn, NY | Other | 6 May 2019 | $108m |
| WeWork Companies Inc. | New York, NY | Other | 3 May 2019 | $104m |
| Auth0, Inc. | Bellevue, WA | Technology | 17 May 2019 | $103m |
| Flat River Minerals, LLC | Broomfield, CO | Energy | 10 May 2019 | $102m |
| Athenex, Inc. | Buffalo, NY | Health | 3 May 2019 | $100m |
| Romeo Systems, Inc. | Vernon, CA | Other | 6 May 2019 | $88.6m |
| Dashlane, Inc. | New York, NY | Other | 15 May 2019 | $85m |
Which states raised the most?
CA led with $4.4bn across 255 raises.
| State | Raises | Total |
|---|---|---|
| CA | 255 | $4.4bn |
| NY | 121 | $2bn |
| TX | 106 | $1.7bn |
| WA | 41 | $1.6bn |
| NJ | 20 | $691m |
| MA | 59 | $484m |
| CO | 63 | $434m |
| MD | 13 | $361m |
| AZ | 30 | $268m |
| IL | 26 | $206m |
| FL | 46 | $151m |
| PA | 33 | $125m |
| VA | 23 | $117m |
| TN | 16 | $87m |
| NC | 32 | $83.5m |
| MN | 21 | $72.2m |
| KY | 6 | $65m |
| OH | 20 | $63.1m |
| MO | 18 | $62.4m |
| OR | 18 | $58.5m |
| WI | 9 | $57m |
| MI | 18 | $53.3m |
| DE | 9 | $49.8m |
| SC | 10 | $45.3m |
| GA | 19 | $43.6m |