How much did US private companies raise in April 2020?
791 companies reported raises totalling $7.3bn on SEC Form D in April 2020. Technology was the largest sector at $2.5bn, and CA the largest state at $3.1bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Technology led with $2.5bn across 247 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Technology | 247 | $2.5bn | 35% |
| Other | 196 | $1.9bn | 25% |
| Health | 152 | $1.8bn | 24% |
| Real estate | 63 | $375m | 5% |
| Finance | 41 | $374m | 5% |
| Consumer & industrial | 72 | $301m | 4% |
| Energy | 20 | $72.4m | 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 |
|---|---|---|---|---|
| Palantir Technologies Inc. | Palo Alto, CA | Technology | 7 Apr 2020 | $550m |
| FaceBank Group, Inc. | New York, NY | Technology | 1 Apr 2020 | $540m |
| Vir Biotechnology, Inc. | San Francisco, CA | Health | 29 Apr 2020 | $250m |
| Apeel Technology, Inc. | Goleta, CA | Other | 22 Apr 2020 | $245m |
| eShares Inc | San Francisco, CA | Other | 7 Apr 2020 | $210m |
| Wheelhouse Holdings Inc. | Westport, CT | Other | 20 Apr 2020 | $162m |
| ACBL Holding Corp | Jeffersonville, IN | Other | 30 Apr 2020 | $150m |
| PTC THERAPEUTICS, INC. | South Plainfield, NJ | Health | 29 Apr 2020 | $141m |
| DispatchHealth Holdings, Inc. | Denver, CO | Health | 2 Apr 2020 | $136m |
| Complete Business Solutions Group, Inc. | Palm Beach Gardens, FL | Finance | 13 Apr 2020 | $135m |
| AvidXchange, Inc. | Charlotte, NC | Consumer & industrial | 7 Apr 2020 | $127m |
| Erasca, Inc. | San Diego, CA | Health | 15 Apr 2020 | $125m |
| ForgeRock, Inc. | San Francisco, CA | Technology | 6 Apr 2020 | $92.5m |
| BV SL Holdings, L.P. | Boston, MA | Technology | 24 Apr 2020 | $89.4m |
| Sun Belt Multifamily Portfolio III DST | Oak Brook, IL | Real estate | 7 Apr 2020 | $80.9m |
| Dart Parent, LLC | San Francisco, CA | Other | 24 Apr 2020 | $76.6m |
| Nautilus Biotechnology, Inc. | San Carlos, CA | Other | 8 Apr 2020 | $76.1m |
| ServiceTitan, Inc. | Glendale, CA | Technology | 23 Apr 2020 | $73.8m |
| NS8 Inc. | Las Vegas, NV | Technology | 21 Apr 2020 | $73.2m |
| CRB Group, Inc. | Fort Lee, NJ | Finance | 24 Apr 2020 | $65.2m |
| Aledade, Inc. | Bethesda, MD | Health | 3 Apr 2020 | $64.4m |
| New Momentum Holdings Inc. | New York, NY | Other | 1 Apr 2020 | $54.5m |
| Matterport, Inc. | Sunnyvale, CA | Other | 29 Apr 2020 | $52.4m |
| Invitae Corp | San Francisco, CA | Health | 1 Apr 2020 | $52.4m |
| Lucid Software Inc. | South Jordan, UT | Technology | 8 Apr 2020 | $52m |
Which states raised the most?
CA led with $3.1bn across 182 raises.
| State | Raises | Total |
|---|---|---|
| CA | 182 | $3.1bn |
| NY | 73 | $950m |
| MA | 55 | $380m |
| NJ | 20 | $321m |
| FL | 35 | $233m |
| TX | 54 | $219m |
| CT | 11 | $208m |
| CO | 38 | $190m |
| IN | 14 | $173m |
| NC | 16 | $173m |
| IL | 32 | $171m |
| PA | 28 | $146m |
| NV | 8 | $112m |
| WA | 30 | $102m |
| MD | 10 | $94.8m |
| UT | 11 | $85.9m |
| MO | 8 | $80.4m |
| MN | 13 | $79m |
| GA | 13 | $76.7m |
| OH | 19 | $69.3m |
| OR | 21 | $37.5m |
| VA | 16 | $36.2m |
| DE | 2 | $32.9m |
| KY | 6 | $31.2m |
| DC | 5 | $29.6m |