How much did US private companies raise in February 2020?

867 companies reported raises totalling $22.7bn on SEC Form D in February 2020. Other was the largest sector at $11.5bn, and CA the largest state at $13bn. Amounts are as reported by the issuers; pooled funds are excluded.

← January 2020March 2020 →Last checked 17 Oct 2026

Which industries raised the most?

Other led with $11.5bn across 198 raises. Industries follow the SEC's own groups, folded into 7 buckets.

IndustryRaisesTotalShare
Other198$11.5bn50%
Finance48$3.9bn17%
Technology251$2.6bn12%
Real estate157$2.1bn9%
Health141$1.7bn8%
Consumer & industrial61$782m3%
Energy11$57.9m0%

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.

CompanyWhereIndustryDateAmount
NVA Holdings L.P.Agoura Hills, CAOther19 Feb 2020$9.3bn
NEW YORK LIFE INSURANCE & ANNUITY CORPNew York, NYFinance7 Feb 2020$3bn
Taylor Morrison Communities, Inc.Scottsdale, AZReal estate6 Feb 2020$1bn
JUUL Labs, Inc.San Francisco, CAOther3 Feb 2020$722m
Westrock Coffee Holdings, LLCLittle Rock, ARConsumer & industrial28 Feb 2020$562m
Snowflake Inc.San Mateo, CATechnology7 Feb 2020$479m
Sarepta Therapeutics, Inc.Cambridge, MAHealth14 Feb 2020$400m
SPACE EXPLORATION TECHNOLOGIES CORPHawthorne, CATechnology28 Feb 2020$346m
BAKKT Holdings, LLCAtlanta, GAFinance28 Feb 2020$300m
ACP Charger Holdings Inc.New York, NYTechnology6 Feb 2020$224m
Sope Holdings, LLCSan Diego, CAReal estate28 Feb 2020$170m
OneTrust LLCAtlanta, GATechnology28 Feb 2020$165m
SambaNova Systems, Inc.Palo Alto, CATechnology20 Feb 2020$158m
Sentinel Labs, Inc.Mountain View, CAOther7 Feb 2020$153m
Stash Financial, Inc.New York, NYFinance28 Feb 2020$133m
Flywire CorpBoston, MAFinance12 Feb 2020$120m
ECP Parent, LLCBroomfield, COOther18 Feb 2020$115m
Transphorm, Inc.Goleta, CATechnology12 Feb 2020$113m
Akouos, Inc.Boston, MAHealth27 Feb 2020$105m
Verastem, Inc.Needham, MAHealth27 Feb 2020$100m
ECP Manco, LLCBroomfield, COOther18 Feb 2020$93m
SPRUCE BIOSCIENCES, INC.San Francisco, CAHealth19 Feb 2020$88m
Aero Precision Holdings LPWoodland Hills, CAFinance27 Feb 2020$83.9m
Amunix Pharmaceuticals, Inc.Mountain View, CAHealth28 Feb 2020$83.6m
Sustainable Bioproducts, Inc.Chicago, ILOther28 Feb 2020$80m

Which states raised the most?

CA led with $13bn across 194 raises.

StateRaisesTotal
CA194$13bn
NY98$3.9bn
MA66$1.1bn
AZ12$1.1bn
AR4$584m
TX84$554m
GA13$487m
CO48$311m
IL30$239m
MD12$164m
PA23$162m
FL27$118m
OH20$108m
IN14$98.3m
MN15$93.9m
WA30$82.7m
VA19$68.9m
MO12$61.4m
KS4$58.8m
NJ11$54.5m
CT8$49.8m
NC23$33.1m
TN7$32.3m
RI1$24.5m
DE5$23m

Sources

  1. SEC Form D data sets (quarterly)
  2. How the numbers are built