How much did US private companies raise in June 2023?
1,027 companies reported raises totalling $8.3bn on SEC Form D in June 2023. Technology was the largest sector at $2.9bn, and CA the largest state at $2.1bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Technology led with $2.9bn across 311 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Technology | 311 | $2.9bn | 35% |
| Health | 145 | $1.3bn | 16% |
| Real estate | 180 | $1.3bn | 16% |
| Other | 249 | $1.3bn | 16% |
| Consumer & industrial | 58 | $703m | 8% |
| Finance | 57 | $397m | 5% |
| Energy | 27 | $301m | 4% |
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 |
|---|---|---|---|---|
| MAKATUU INC | Wilmington, DE | Technology | 15 Jun 2023 | $496m |
| Newlight Technologies, Inc. | Huntington Beach, CA | Consumer & industrial | 30 Jun 2023 | $271m |
| Aledade, Inc. | Bethesda, MD | Technology | 7 Jun 2023 | $260m |
| Aeglea BioTherapeutics, Inc. | Austin, TX | Health | 26 Jun 2023 | $210m |
| MDS 2023-Shale Development, LP | Pittsburgh, PA | Energy | 8 Jun 2023 | $176m |
| Enterprise Housing Partners XLI Limited Partnership | Columbia, MD | Real estate | 15 Jun 2023 | $168m |
| TypeFace Inc. | Palo Alto, CA | Technology | 22 Jun 2023 | $141m |
| Illuminated Holdings, Inc. | Janesville, WI | Other | 14 Jun 2023 | $123m |
| Transervice Ultimate Holdings, LLC | New York, NY | Other | 29 Jun 2023 | $115m |
| 80 Acres Urban Agriculture, Inc. | Hamilton, OH | Consumer & industrial | 8 Jun 2023 | $114m |
| Re:Car, Inc. | Framingham, MA | Consumer & industrial | 7 Jun 2023 | $111m |
| Enfabrica Corp | Mountain View, CA | Technology | 23 Jun 2023 | $110m |
| Oric Pharmaceuticals, Inc. | South San Francisco, CA | Health | 27 Jun 2023 | $85m |
| Hagerty, Inc. | Traverse City, MI | Finance | 23 Jun 2023 | $80m |
| Pair Eyewear, Inc. | Brooklyn, NY | Technology | 28 Jun 2023 | $75m |
| Septerna, Inc. | South San Francisco, CA | Health | 28 Jun 2023 | $73.5m |
| LEXICON PHARMACEUTICALS, INC. | The Woodlands, TX | Health | 5 Jun 2023 | $72.2m |
| JWA Ranch, LLC | Palm Beach Gardens, FL | Other | 13 Jun 2023 | $68.5m |
| Updater Inc. | New York, NY | Technology | 14 Jun 2023 | $64.5m |
| DGB USA Inc. | Weston, FL | Technology | 7 Jun 2023 | $61.9m |
| WT Holdings, Inc. | Memphis, TN | Finance | 29 Jun 2023 | $59.6m |
| TEMPUS EVERGREEN, INC. | Little Rock, AR | Real estate | 20 Jun 2023 | $53.2m |
| 4900 McKinney Project, LLC | Dallas, TX | Real estate | 1 Jun 2023 | $51.9m |
| HZ Greens DST | San Francisco, CA | Real estate | 30 Jun 2023 | $51.1m |
| OSP Gannett Holdings, LLC | New York, NY | Other | 8 Jun 2023 | $50m |
Which states raised the most?
CA led with $2.1bn across 191 raises.
| State | Raises | Total |
|---|---|---|
| CA | 191 | $2.1bn |
| TX | 94 | $909m |
| NY | 100 | $751m |
| DE | 16 | $566m |
| MD | 22 | $545m |
| MA | 47 | $390m |
| FL | 71 | $323m |
| PA | 28 | $302m |
| CO | 52 | $223m |
| IL | 32 | $217m |
| TN | 14 | $173m |
| OH | 15 | $168m |
| WI | 7 | $149m |
| WA | 36 | $138m |
| NJ | 27 | $136m |
| MI | 14 | $132m |
| NC | 28 | $105m |
| UT | 21 | $87.7m |
| MO | 8 | $77.7m |
| AZ | 13 | $72.9m |
| OR | 19 | $71.4m |
| AR | 5 | $71.2m |
| VA | 19 | $68.9m |
| MN | 14 | $62.2m |
| CT | 17 | $61.8m |