How much did US private companies raise in February 2024?
836 companies reported raises totalling $10.3bn on SEC Form D in February 2024. Health was the largest sector at $3.4bn, and CA the largest state at $4.4bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Health led with $3.4bn across 113 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Health | 113 | $3.4bn | 33% |
| Technology | 227 | $2.3bn | 23% |
| Other | 198 | $1.5bn | 15% |
| Real estate | 158 | $1.5bn | 15% |
| Finance | 65 | $747m | 7% |
| Energy | 19 | $419m | 4% |
| Consumer & industrial | 56 | $342m | 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 |
|---|---|---|---|---|
| Radiology Partners Holdings, LLC | El Segundo, CA | Health | 22 Feb 2024 | $720m |
| Figure AI Inc. | Sunnyvale, CA | Technology | 27 Feb 2024 | $675m |
| Denali Therapeutics Inc. | South San Francisco, CA | Health | 29 Feb 2024 | $500m |
| Mirador Therapeutics, Inc. | San Diego, CA | Health | 15 Feb 2024 | $333m |
| ADREX Diversified 5 DST | Denver, CO | Real estate | 7 Feb 2024 | $219m |
| Crown Global International Inc. | New York, NY | Finance | 21 Feb 2024 | $219m |
| Tyra Biosciences, Inc. | Carlsbad, CA | Health | 6 Feb 2024 | $200m |
| BioAge Labs, Inc. | Richmond, CA | Health | 1 Feb 2024 | $194m |
| KC Colorado Premium Holdings LP | Dallas, TX | Other | 16 Feb 2024 | $168m |
| Fervo Energy Co | Houston, TX | Energy | 7 Feb 2024 | $164m |
| TH Lynx, LLC | Richmond, VA | Real estate | 13 Feb 2024 | $145m |
| Observe, Inc. | San Mateo, CA | Technology | 27 Feb 2024 | $145m |
| Abridge AI Inc. | Philadelphia, PA | Technology | 22 Feb 2024 | $141m |
| Lightship Inc. | El Segundoo, CA | Health | 1 Feb 2024 | $136m |
| Adverum Biotechnologies, Inc. | Redwood City, CA | Health | 7 Feb 2024 | $128m |
| ALZHEON, INC. | Framingham, MA | Health | 27 Feb 2024 | $126m |
| HREX Multifamily III, DST | Houston, TX | Real estate | 14 Feb 2024 | $125m |
| NEURONA THERAPEUTICS, INC | South San Francisco, CA | Health | 6 Feb 2024 | $120m |
| CRA Funding XI LLC | New York, NY | Finance | 2 Feb 2024 | $118m |
| Magic AI, Inc. | San Francisco, CA | Other | 12 Feb 2024 | $117m |
| RENOVARO INC. | Los Angeles, CA | Health | 13 Feb 2024 | $107m |
| Medical Microinstruments, Inc. | Jacksonville, FL | Technology | 16 Feb 2024 | $103m |
| Applied Therapeutics, Inc. | New York, NY | Health | 27 Feb 2024 | $100m |
| WhiteHawk Income Corp | Philadelphia, PA | Energy | 14 Feb 2024 | $96.2m |
| Suma Brands, Inc. | Ny, NY | Consumer & industrial | 9 Feb 2024 | $95.5m |
Which states raised the most?
CA led with $4.4bn across 169 raises.
| State | Raises | Total |
|---|---|---|
| CA | 169 | $4.4bn |
| NY | 68 | $1bn |
| TX | 81 | $795m |
| MA | 45 | $604m |
| CO | 39 | $479m |
| FL | 62 | $418m |
| GA | 34 | $407m |
| PA | 26 | $377m |
| IL | 31 | $323m |
| VA | 12 | $322m |
| OH | 22 | $166m |
| NC | 23 | $129m |
| KS | 4 | $93m |
| WA | 31 | $80.8m |
| AR | 2 | $74.1m |
| NJ | 18 | $71.7m |
| DE | 15 | $58.4m |
| CT | 9 | $54.7m |
| SC | 7 | $51.5m |
| AL | 4 | $48.1m |
| MN | 10 | $38.4m |
| UT | 8 | $34.5m |
| OR | 10 | $32.6m |
| MD | 4 | $29.7m |
| AZ | 8 | $29.4m |