How much did US private companies raise in December 2020?

1,495 companies reported raises totalling $19.2bn on SEC Form D in December 2020. Technology was the largest sector at $5.4bn, and CA the largest state at $5.9bn. Amounts are as reported by the issuers; pooled funds are excluded.

← November 2020January 2021 →Last checked 17 Oct 2026

Which industries raised the most?

Technology led with $5.4bn across 381 raises. Industries follow the SEC's own groups, folded into 7 buckets.

IndustryRaisesTotalShare
Technology381$5.4bn28%
Other333$4.5bn23%
Health206$3.6bn19%
Real estate328$2bn10%
Consumer & industrial102$1.6bn8%
Finance109$1.6bn8%
Energy36$505m3%

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
Sage Therapeutics, Inc.Cambridge, MAHealth31 Dec 2020$650m
Lacework, Inc.San Jose, CATechnology18 Dec 2020$515m
Infinity Group Holdings, L.P.New York, NYConsumer & industrial10 Dec 2020$442m
KAWP Holdings, L.P.Mount Kisco, NYConsumer & industrial22 Dec 2020$425m
Social Finance, Inc.San Francisco, CAFinance30 Dec 2020$370m
Hinge Health, Inc.San Francisco, CATechnology21 Dec 2020$309m
FCID Holdings, Inc.Fairfield, IATechnology8 Dec 2020$289m
Pure Parent, LLCNew York, NYOther18 Dec 2020$242m
Silicon Ranch CorpNashville, TNEnergy15 Dec 2020$225m
NUMBER HOLDINGS, INC.Commerce, CAConsumer & industrial22 Dec 2020$210m
Mission Lane Holdings Inc.San Francisco, CAOther18 Dec 2020$207m
ANSYS INCCanonsburg, PATechnology1 Dec 2020$207m
Lyra Health, Inc.Burlingame, CAOther15 Dec 2020$187m
Keras Holdings, LLCNew York, NYOther31 Dec 2020$187m
Instil Bio, Inc.Dallas, TXHealth30 Dec 2020$185m
SPH Acquisitions, Inc.Foster City, CAOther16 Dec 2020$182m
ALLIANCE DATA SYSTEMS CORPColumbus, OHOther3 Dec 2020$157m
Harry's, Inc.New York, NYOther28 Dec 2020$155m
Cityblock Health, Inc.Brooklyn, NYTechnology9 Dec 2020$151m
Soham Inc.Bellevue, WATechnology8 Dec 2020$140m
Save Live, LLCLos Angeles, CAOther7 Dec 2020$135m
Personalized Beauty Discovery, Inc.San Mateo, CATechnology4 Dec 2020$134m
Pear Therapeutics, Inc.Boston, MAHealth7 Dec 2020$132m
OneTrust LLCAtlanta, GATechnology18 Dec 2020$130m
Color Health, Inc.Burlingame, CAHealth17 Dec 2020$127m

Which states raised the most?

CA led with $5.9bn across 314 raises.

StateRaisesTotal
CA314$5.9bn
NY147$3.5bn
MA96$2bn
TX108$898m
CO99$866m
PA46$693m
TN19$415m
NJ30$405m
WA60$404m
FL69$385m
GA26$357m
IA6$301m
MD22$266m
IL33$251m
OH19$251m
MN29$208m
CT21$195m
MI18$184m
IN14$165m
AL25$165m
NC45$159m
VA32$152m
UT24$151m
AZ30$135m
DC16$134m

Sources

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