How much did US private companies raise in September 2020?
913 companies reported raises totalling $16.5bn on SEC Form D in September 2020. Technology was the largest sector at $8.6bn, and CA the largest state at $5.4bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Technology led with $8.6bn across 275 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Technology | 275 | $8.6bn | 52% |
| Health | 128 | $3bn | 18% |
| Other | 161 | $1.6bn | 10% |
| Finance | 72 | $1.5bn | 9% |
| Real estate | 169 | $1.3bn | 8% |
| Consumer & industrial | 71 | $472m | 3% |
| Energy | 37 | $73.4m | 0% |
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 |
|---|---|---|---|---|
| WestPort Acquisition Parent, LP | Overland Park, KS | Technology | 17 Sep 2020 | $2bn |
| Velodyne Lidar, Inc. | San Jose, CA | Technology | 29 Sep 2020 | $1.5bn |
| BH Acquisition Holding Company, LP | Greenwich, CT | Technology | 30 Sep 2020 | $936m |
| Chime Financial, Inc. | San Francisco, CA | Technology | 18 Sep 2020 | $534m |
| Bright Health Inc. | Minneapolis, MN | Health | 9 Sep 2020 | $489m |
| Neumora Therapeutics, Inc. | Watertown, MA | Health | 8 Sep 2020 | $474m |
| Veeam Software Holding Inc. | New York, NY | Other | 25 Sep 2020 | $397m |
| Ryan Specialty Group, LLC | Chicago, IL | Finance | 1 Sep 2020 | $317m |
| Sealy Industrial Partners III, LP | Shreveport, LA | Real estate | 23 Sep 2020 | $317m |
| TIDE ROCK YIELDCO, LLC | Cardiff-By-The-Sea, CA | Other | 29 Sep 2020 | $266m |
| Unqork Inc. | New York, NY | Technology | 18 Sep 2020 | $258m |
| Next Insurance, Inc. | Palo Alto, CA | Finance | 22 Sep 2020 | $247m |
| RECURSION PHARMACEUTICALS, INC. | Salt Lake City, UT | Health | 1 Sep 2020 | $246m |
| NuVia, Inc. | Santa Clara, CA | Technology | 18 Sep 2020 | $234m |
| Attentive Mobile Inc. | New York, NY | Technology | 9 Sep 2020 | $230m |
| Black Unicorn Factory | Los Angeles, CA | Technology | 15 Sep 2020 | $225m |
| Greenlight Financial Technology, Inc. | Atlanta, GA | Technology | 10 Sep 2020 | $215m |
| Rappi, Inc. | San Francisco, CA | Technology | 8 Sep 2020 | $156m |
| Victory Innovations Holdings, LLC | Washington, DC | Consumer & industrial | 22 Sep 2020 | $151m |
| Tanium Inc. | Emeryville, CA | Technology | 18 Sep 2020 | $150m |
| Frontpoint Security Holdings, LLC | Vienna, VA | Technology | 30 Sep 2020 | $141m |
| ALKAMI TECHNOLOGY, INC. | Plano, TX | Technology | 24 Sep 2020 | $140m |
| Dialpad, Inc. | San Francisco, CA | Technology | 22 Sep 2020 | $136m |
| AION Value Add II LP | New York, NY | Real estate | 25 Sep 2020 | $129m |
| 98POINT6 INC. | Seattle, WA | Technology | 30 Sep 2020 | $119m |
Which states raised the most?
CA led with $5.4bn across 205 raises.
| State | Raises | Total |
|---|---|---|
| CA | 205 | $5.4bn |
| KS | 2 | $2bn |
| NY | 92 | $1.8bn |
| MA | 47 | $1.2bn |
| CT | 14 | $1bn |
| IL | 36 | $655m |
| TX | 72 | $620m |
| MN | 15 | $583m |
| UT | 13 | $357m |
| GA | 19 | $339m |
| WA | 33 | $330m |
| LA | 5 | $323m |
| FL | 34 | $195m |
| VA | 16 | $174m |
| DC | 10 | $165m |
| KY | 7 | $133m |
| NC | 25 | $130m |
| CO | 38 | $107m |
| PA | 18 | $101m |
| TN | 14 | $100m |
| AZ | 27 | $87.7m |
| IN | 10 | $71.6m |
| MS | 1 | $65m |
| MD | 10 | $57.8m |
| DE | 14 | $48.3m |