How much did US private companies raise in March 2021?
1,376 companies reported raises totalling $22.4bn on SEC Form D in March 2021. Technology was the largest sector at $7.8bn, and CA the largest state at $6.3bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Technology led with $7.8bn across 427 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Technology | 427 | $7.8bn | 35% |
| Health | 196 | $6bn | 27% |
| Other | 288 | $5bn | 22% |
| Finance | 94 | $1.2bn | 6% |
| Real estate | 218 | $1.2bn | 5% |
| Consumer & industrial | 114 | $833m | 4% |
| Energy | 39 | $329m | 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 |
|---|---|---|---|---|
| Vaxxinity, Inc. | Dallas, TX | Health | 2 Mar 2021 | $1.4bn |
| Stripe, Inc. | San Francisco, CA | Other | 15 Mar 2021 | $598m |
| Roman Health Ventures Inc. | New York, NY | Health | 5 Mar 2021 | $500m |
| Attentive Mobile Inc. | Hoboken, NJ | Technology | 9 Mar 2021 | $470m |
| Beta Technologies Inc. | South Burlington, VT | Technology | 16 Mar 2021 | $426m |
| DATAMINR, INC. | New York, NY | Technology | 22 Mar 2021 | $396m |
| Courier Plus, Inc. | Bend, OR | Technology | 15 Mar 2021 | $324m |
| Weee! Inc. | Fremint, CA | Other | 15 Mar 2021 | $316m |
| ServiceTitan, Inc. | Glendale, CA | Technology | 25 Mar 2021 | $300m |
| Astranis Space Technologies Corp. | San Francisco, CA | Technology | 19 Mar 2021 | $281m |
| Centrify Aggregation, LP | Fort Worth,, TX | Other | 10 Mar 2021 | $272m |
| Gather Parent, LLC | Fort Worth, TX | Other | 1 Mar 2021 | $272m |
| TWE Holdings, LLC | New York, NY | Other | 2 Mar 2021 | $263m |
| EquipmentShare.com Inc | Columbia, MO | Other | 31 Mar 2021 | $226m |
| Diamond Foundry Inc. | San Francisco, CA | Technology | 15 Mar 2021 | $200m |
| Sator Grove Holdings, LLC | South Bend, IN | Other | 22 Mar 2021 | $196m |
| Cedar Cares, Inc. | New York, NY | Health | 8 Mar 2021 | $192m |
| Squarespace, Inc. | New York, NY | Technology | 31 Mar 2021 | $190m |
| Cityblock Health, Inc. | Brooklyn, NY | Technology | 15 Mar 2021 | $183m |
| Next Insurance, Inc. | Palo Alto, CA | Finance | 26 Mar 2021 | $180m |
| Pyxis Oncology, Inc. | Cambridge, MA | Health | 5 Mar 2021 | $173m |
| ABL Space Systems Co | El Segundo, CA | Other | 24 Mar 2021 | $170m |
| Deel, Inc. | San Francisco, CA | Technology | 30 Mar 2021 | $156m |
| Graphite Bio, Inc. | South San Francisco, CA | Health | 11 Mar 2021 | $151m |
| Unite USA Inc. | New York, NY | Technology | 12 Mar 2021 | $150m |
Which states raised the most?
CA led with $6.3bn across 291 raises.
| State | Raises | Total |
|---|---|---|
| CA | 291 | $6.3bn |
| NY | 151 | $3.8bn |
| TX | 123 | $2.9bn |
| MA | 82 | $2bn |
| IL | 51 | $733m |
| WA | 49 | $659m |
| NJ | 31 | $631m |
| CO | 47 | $570m |
| VT | 5 | $429m |
| FL | 54 | $419m |
| OR | 19 | $388m |
| MO | 15 | $365m |
| PA | 44 | $321m |
| VA | 35 | $307m |
| MD | 20 | $299m |
| IN | 19 | $253m |
| GA | 31 | $249m |
| CT | 26 | $235m |
| TN | 11 | $168m |
| UT | 23 | $164m |
| NC | 25 | $151m |
| AZ | 19 | $119m |
| MN | 25 | $109m |
| DC | 11 | $92.6m |
| KS | 6 | $90.2m |