How much did US private companies raise in January 2023?
827 companies reported raises totalling $15.7bn on SEC Form D in January 2023. Health was the largest sector at $7.6bn, and IL the largest state at $6.7bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Health led with $7.6bn across 95 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Health | 95 | $7.6bn | 48% |
| Technology | 212 | $2.3bn | 14% |
| Real estate | 214 | $1.9bn | 12% |
| Other | 167 | $1.6bn | 10% |
| Energy | 21 | $1.4bn | 9% |
| Finance | 48 | $789m | 5% |
| Consumer & industrial | 70 | $263m | 2% |
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 |
|---|---|---|---|---|
| Village Practice Management Co Holdings, LLC | Chicago, IL | Health | 3 Jan 2023 | $6.5bn |
| First Mode Holdings, Inc. | Seattle, WA | Energy | 5 Jan 2023 | $1.2bn |
| Lessen Inc. | Scottsdale, AZ | Technology | 5 Jan 2023 | $964m |
| Emory Peak Capital LP | Jupiter, FL | Finance | 30 Jan 2023 | $399m |
| Thompson Thrift 2023 Multifamily Development, LP | Indianapolis, IN | Real estate | 27 Jan 2023 | $392m |
| KEJ Holdings LP | Dallas, TX | Other | 23 Jan 2023 | $221m |
| HVG Holdings, LLC | Teaneck, NJ | Other | 31 Jan 2023 | $196m |
| Colossal Biosciences Inc. | Austin, TX | Other | 27 Jan 2023 | $163m |
| Adler Light Industrial Portfolio I, LLC | Miami, FL | Real estate | 23 Jan 2023 | $126m |
| Boston Electrometallurgical Corp | Woburn, MA | Other | 26 Jan 2023 | $121m |
| Arcellx, Inc. | Gaithersburg, MD | Health | 26 Jan 2023 | $100m |
| BioDerm Holdings, LP | Denver, CO | Health | 31 Jan 2023 | $85.4m |
| REDL Ultimate Holdings, LP | Boca Raton, FL | Technology | 25 Jan 2023 | $85.2m |
| SetPoint Medical Corp | Valencia, CA | Health | 18 Jan 2023 | $80m |
| ROM Technologies, Inc. | Brookfield, CT | Health | 13 Jan 2023 | $77.6m |
| LEAP THERAPEUTICS, INC. | Cambridge, MA | Health | 17 Jan 2023 | $77.2m |
| BIN - CLASS A QP LLC | Charlotte, NC | Real estate | 1 Jan 2023 | $72.8m |
| Project Apex Holdings, LLC | Simi Valley, CA | Other | 10 Jan 2023 | $70m |
| Fever Labs, Inc. | New York, NY | Technology | 11 Jan 2023 | $68.5m |
| JMD INC. | Miamisburg, OH | Energy | 31 Jan 2023 | $67.6m |
| NanoGraf Corp | Chicago, IL | Technology | 27 Jan 2023 | $64.7m |
| KCB Real Estate VIII LP | Pasadena, CA | Real estate | 1 Jan 2023 | $64.5m |
| Salt Blockchain Inc. | South Denver, CO | Finance | 31 Jan 2023 | $64m |
| ExchangeRight Net-Leased Portfolio 61 DST | Pasadena, CA | Real estate | 23 Jan 2023 | $62.5m |
| Garuda Therapeutics, Inc. | Cambridge, MA | Health | 23 Jan 2023 | $62.1m |
Which states raised the most?
IL led with $6.7bn across 22 raises.
| State | Raises | Total |
|---|---|---|
| IL | 22 | $6.7bn |
| WA | 29 | $1.3bn |
| CA | 142 | $1.1bn |
| AZ | 18 | $1bn |
| TX | 93 | $905m |
| FL | 50 | $842m |
| NY | 91 | $628m |
| MA | 35 | $491m |
| IN | 12 | $423m |
| CO | 30 | $302m |
| NJ | 10 | $296m |
| SC | 14 | $171m |
| MD | 11 | $160m |
| NC | 19 | $123m |
| VA | 16 | $120m |
| CT | 12 | $107m |
| TN | 12 | $87.7m |
| PA | 21 | $85.4m |
| OH | 13 | $77.3m |
| GA | 15 | $74.5m |
| MO | 8 | $72.3m |
| UT | 12 | $64.9m |
| MT | 5 | $64.4m |
| DE | 14 | $54.9m |
| AL | 11 | $54.1m |