How much did US private companies raise in November 2023?
845 companies reported raises totalling $9.2bn on SEC Form D in November 2023. Technology was the largest sector at $3bn, and CA the largest state at $3.1bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Technology led with $3bn across 252 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Technology | 252 | $3bn | 33% |
| Other | 192 | $2.5bn | 28% |
| Health | 121 | $1.4bn | 15% |
| Real estate | 144 | $1.3bn | 14% |
| Finance | 53 | $719m | 8% |
| Consumer & industrial | 67 | $150m | 2% |
| Energy | 16 | $97.6m | 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 |
|---|---|---|---|---|
| Databricks, Inc. | San Francisco, CA | Technology | 3 Nov 2023 | $1.6bn |
| CG Parent Intermediate Holdings, Inc. | St. Louis, MO | Other | 20 Nov 2023 | $420m |
| HIG Holdings, LLC | Fort Worth, TX | Finance | 21 Nov 2023 | $363m |
| CG PARENT HOLDINGS, LLC | St. Louis, MO | Other | 20 Nov 2023 | $206m |
| Crusoe Energy Holdings Inc. | Denver, CO | Other | 22 Nov 2023 | $192m |
| Panther Purchaser, L.P. | Herndon, VA | Other | 27 Nov 2023 | $168m |
| Bad Boy Mowers JV Holdings, LLC | Houston, TX | Other | 9 Nov 2023 | $149m |
| Seismic Therapeutic, Inc. | Cambridge, MA | Other | 17 Nov 2023 | $146m |
| NexPoint Semiconductor Manufacturing DST | Dallas, TX | Real estate | 20 Nov 2023 | $137m |
| X.AI CORP. | Burlingame, CA | Technology | 29 Nov 2023 | $135m |
| HREX Multifamily II, DST | Houston, TX | Real estate | 1 Nov 2023 | $134m |
| Cortex, Inc. | Menlo Park, CA | Other | 22 Nov 2023 | $133m |
| RefleXion Medical, Inc. | Hayward, CA | Health | 13 Nov 2023 | $107m |
| Grey Orange International Inc. | Roswell, GA | Technology | 8 Nov 2023 | $103m |
| NexPoint Semiconductor Manufacturing DST | Dallas, TX | Real estate | 20 Nov 2023 | $102m |
| NexPoint Semiconductor Manufacturing DST | Dallas, TX | Real estate | 20 Nov 2023 | $98.8m |
| NexPoint Semiconductor Manufacturing DST | Dallas, TX | Real estate | 20 Nov 2023 | $95.6m |
| NexPoint Semiconductor Manufacturing DST | Dallas, TX | Real estate | 20 Nov 2023 | $88.9m |
| JLLX Diversified III, DST | Chicago, IL | Real estate | 30 Nov 2023 | $88.7m |
| VYNE Therapeutics Inc. | Bridgewater, NJ | Health | 1 Nov 2023 | $88.2m |
| Fountain Life, LLC | Orlando, FL | Health | 30 Nov 2023 | $87.1m |
| TMRW SPORTS, INC. | Winter Park, FL | Other | 9 Nov 2023 | $82.9m |
| Idaho Central Credit Union | Chubbuck, ID | Finance | 7 Nov 2023 | $80m |
| American Pain Consortium Holdings, LLC | Carmel, IN | Health | 20 Nov 2023 | $79.7m |
| NantBio, Inc. | El Segundo, CA | Health | 8 Nov 2023 | $75.1m |
Which states raised the most?
CA led with $3.1bn across 165 raises.
| State | Raises | Total |
|---|---|---|
| CA | 165 | $3.1bn |
| TX | 77 | $1.6bn |
| MO | 3 | $629m |
| MA | 46 | $443m |
| NY | 72 | $438m |
| FL | 60 | $387m |
| VA | 24 | $282m |
| CO | 29 | $234m |
| NJ | 16 | $164m |
| IL | 24 | $151m |
| GA | 16 | $150m |
| DE | 21 | $140m |
| NC | 25 | $135m |
| WA | 22 | $128m |
| IN | 12 | $105m |
| AZ | 14 | $99.9m |
| ID | 5 | $99.9m |
| MD | 12 | $90.4m |
| WI | 9 | $76.4m |
| AL | 8 | $73.2m |
| CT | 10 | $69.7m |
| UT | 9 | $60.6m |
| MN | 18 | $55.4m |
| PA | 20 | $53m |
| OH | 22 | $47.4m |