How much did US private companies raise in October 2023?
879 companies reported raises totalling $12.2bn on SEC Form D in October 2023. Other was the largest sector at $5.6bn, and CA the largest state at $3.5bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Other led with $5.6bn across 174 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Other | 174 | $5.6bn | 46% |
| Technology | 233 | $2.7bn | 22% |
| Health | 124 | $1.6bn | 13% |
| Real estate | 164 | $1.2bn | 10% |
| Energy | 33 | $446m | 4% |
| Finance | 81 | $390m | 3% |
| Consumer & industrial | 70 | $332m | 3% |
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 |
|---|---|---|---|---|
| JUUL Labs, Inc. | Washington, D.C., DC | Other | 27 Oct 2023 | $2bn |
| Apollo Infrastructure Co LLC | New York, NY | Other | 31 Oct 2023 | $1.5bn |
| Commure, Inc. | San Francisco, CA | Technology | 3 Oct 2023 | $1.3bn |
| Simon & Schuster Holding Co LLC | New York, NY | Other | 30 Oct 2023 | $600m |
| Lambda, Inc./DE | San Jose, CA | Other | 5 Oct 2023 | $320m |
| EnerVenue Holdings, Ltd. | Fremont, CA | Energy | 10 Oct 2023 | $308m |
| Next Insurance, Inc. | Palo Alto, CA | Finance | 2 Oct 2023 | $225m |
| Enterprise Housing Partners XLII Limited Partnership | Columbia, MD | Real estate | 27 Oct 2023 | $159m |
| Tendo Systems Inc. | Radnor, PA | Other | 10 Oct 2023 | $119m |
| Odyssey Therapeutics, Inc. | Boston, MA | Health | 25 Oct 2023 | $117m |
| Capra Project, Inc. | Santa Monica, CA | Other | 23 Oct 2023 | $112m |
| Zephyr AI, Inc. | Mclean, VA | Health | 27 Oct 2023 | $111m |
| COPART INC | Dallas, TX | Other | 6 Oct 2023 | $108m |
| Harpoon Therapeutics, Inc. | South San Francisco, CA | Health | 25 Oct 2023 | $100m |
| Wonder Group, Inc. | New York, NY | Consumer & industrial | 11 Oct 2023 | $100m |
| Aligos Therapeutics, Inc. | South San Francisco, CA | Health | 25 Oct 2023 | $92.2m |
| Bowery Farming Inc. | New York, NY | Technology | 25 Oct 2023 | $85.4m |
| PACIFIC BIOSCIENCES OF CALIFORNIA, INC. | Menlo Park, CA | Technology | 4 Oct 2023 | $84.8m |
| Urgent.ly Inc. | Vienna, VA | Technology | 19 Oct 2023 | $84.7m |
| OrsoBio, Inc. | Palo Alto, CA | Health | 27 Oct 2023 | $84.6m |
| HALIO, INC. | Hayward, CA | Technology | 23 Oct 2023 | $82.8m |
| Elucid Bioimaging Inc. | Boston, MA | Health | 20 Oct 2023 | $79m |
| ManaT Bio, Inc. | Baltimore, MD | Health | 10 Oct 2023 | $72.1m |
| Intenseye, Inc. | New York, NY | Technology | 13 Oct 2023 | $60.9m |
| SOLENO THERAPEUTICS INC | Redwood City, CA | Health | 2 Oct 2023 | $60m |
Which states raised the most?
CA led with $3.5bn across 184 raises.
| State | Raises | Total |
|---|---|---|
| CA | 184 | $3.5bn |
| NY | 79 | $2.8bn |
| DC | 5 | $2bn |
| MA | 51 | $533m |
| TX | 74 | $430m |
| VA | 26 | $291m |
| MD | 14 | $284m |
| PA | 16 | $214m |
| FL | 51 | $214m |
| NC | 22 | $179m |
| CO | 21 | $161m |
| UT | 25 | $123m |
| AZ | 20 | $111m |
| MN | 16 | $108m |
| GA | 23 | $108m |
| TN | 16 | $106m |
| NJ | 19 | $105m |
| WA | 22 | $92.7m |
| SC | 8 | $82.6m |
| KS | 7 | $79.2m |
| IL | 20 | $76.8m |
| DE | 25 | $76.7m |
| OH | 10 | $65.3m |
| CT | 8 | $64.4m |
| NV | 8 | $60.4m |