How much did US private companies raise in April 2024?
939 companies reported raises totalling $11.2bn on SEC Form D in April 2024. Technology was the largest sector at $4.1bn, and CA the largest state at $4.5bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Technology led with $4.1bn across 260 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Technology | 260 | $4.1bn | 37% |
| Other | 226 | $2.3bn | 20% |
| Health | 110 | $2.2bn | 20% |
| Finance | 76 | $1.2bn | 10% |
| Real estate | 174 | $1bn | 9% |
| Consumer & industrial | 66 | $289m | 3% |
| Energy | 27 | $117m | 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 |
|---|---|---|---|---|
| Greenwave Technology Solutions, Inc. | Virginia Beach, VA | Technology | 24 Apr 2024 | $1.5bn |
| PACIFIC LIFE INSURANCE CO | Newport Beach, CA | Finance | 1 Apr 2024 | $704m |
| Stripe, Inc. | South San Francisco, CA | Other | 8 Apr 2024 | $694m |
| Meesho, Inc. | Wilmington, DE | Technology | 22 Apr 2024 | $275m |
| Sigma Computing, Inc. | San Francisco, CA | Other | 5 Apr 2024 | $264m |
| Cidara Therapeutics, Inc. | San Diego, CA | Health | 24 Apr 2024 | $240m |
| Augment Computing, Inc. | Palo Alto, CA | Technology | 23 Apr 2024 | $227m |
| Emergy Inc. | Boulder, CO | Other | 19 Apr 2024 | $222m |
| TheRas, Inc. | Palo Alto, CA | Health | 30 Apr 2024 | $200m |
| Surrozen, Inc./DE | South San Francisco, CA | Health | 4 Apr 2024 | $193m |
| TORL Biotherapeutics LLC | Culver City, CA | Health | 4 Apr 2024 | $158m |
| Ramp Business Corp | New York, NY | Technology | 25 Apr 2024 | $156m |
| BLUE RIDGE BANKSHARES, INC. | Charlottesville, VA | Finance | 3 Apr 2024 | $150m |
| Merkle Manufactory Inc. | Venice, CA | Technology | 19 Apr 2024 | $139m |
| Endeavor Biomedicines, Inc. | San Diego, CA | Health | 22 Apr 2024 | $133m |
| Penta Parent Holdings, LP | Palo Alto, CA | Other | 1 Apr 2024 | $130m |
| Zura Bio Ltd | Henderson, NV | Health | 22 Apr 2024 | $112m |
| Lycia Therapeutics, Inc. | South San Francisco, CA | Health | 26 Apr 2024 | $107m |
| Lumeris Group Holdings Corp | Maryland Heights, MO | Technology | 2 Apr 2024 | $100m |
| Ajax Therapeutics, Inc. | New York, NY | Health | 26 Apr 2024 | $95m |
| Hebbia Inc. | New York, NY | Other | 29 Apr 2024 | $93m |
| CURRAN HOLDING COMPANY, LLC | Norwalk, CT | Other | 12 Apr 2024 | $91m |
| Exsilio Therapeutics Inc. | New York, NY | Health | 8 Apr 2024 | $85m |
| Enlaza Therapeutics, Inc. | La Jolla, CA | Health | 5 Apr 2024 | $84m |
| Devil Mountain Wholesale Nursery, LLC | San Ramon, CA | Other | 30 Apr 2024 | $81.4m |
Which states raised the most?
CA led with $4.5bn across 178 raises.
| State | Raises | Total |
|---|---|---|
| CA | 178 | $4.5bn |
| VA | 17 | $1.7bn |
| NY | 80 | $929m |
| DE | 25 | $427m |
| TX | 76 | $421m |
| MA | 41 | $372m |
| CO | 39 | $335m |
| FL | 59 | $329m |
| UT | 24 | $197m |
| OH | 22 | $182m |
| IL | 23 | $173m |
| GA | 21 | $161m |
| NV | 13 | $158m |
| MO | 9 | $153m |
| PA | 32 | $109m |
| TN | 17 | $107m |
| CT | 7 | $106m |
| SC | 10 | $83.6m |
| AZ | 18 | $79.7m |
| MN | 14 | $73.9m |
| WA | 28 | $63.7m |
| NC | 19 | $56.5m |
| IN | 11 | $52.6m |
| MI | 11 | $51.1m |
| WI | 12 | $41.7m |