How much did US private companies raise in July 2024?
924 companies reported raises totalling $12bn on SEC Form D in July 2024. Other was the largest sector at $4bn, and NY the largest state at $3.9bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Other led with $4bn across 189 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Other | 189 | $4bn | 33% |
| Technology | 249 | $2.6bn | 22% |
| Health | 135 | $2.5bn | 20% |
| Real estate | 173 | $1.5bn | 13% |
| Finance | 72 | $934m | 8% |
| Consumer & industrial | 73 | $296m | 2% |
| Energy | 33 | $274m | 2% |
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 |
|---|---|---|---|---|
| NRO Holdings LP | New York, NY | Other | 15 Jul 2024 | $2.9bn |
| Green Courte Real Estate Partners VI, LLC | Chicago, IL | Real estate | 19 Jul 2024 | $394m |
| Arsenal Biosciences, Inc. | South San Francisco, CA | Health | 9 Jul 2024 | $325m |
| Cardurion Pharmaceuticals, Inc. | Burlington, MA | Health | 10 Jul 2024 | $260m |
| Arcadea Group Holdings LLC | Winter Park, FL | Technology | 22 Jul 2024 | $243m |
| Altana Technologies, Inc. | Brooklyn, NY | Technology | 15 Jul 2024 | $221m |
| WORLD OMNI FINANCIAL CORP | Deerfield Beach, FL | Finance | 31 Jul 2024 | $220m |
| LIHC Employees Credit Union Inc | Peachtree Corners, GA | Finance | 15 Jul 2024 | $214m |
| NGM Bio Holdings, Inc. | South San Francisco, CA | Health | 5 Jul 2024 | $142m |
| Storage Star Holdings, LLC | Sacramento, CA | Real estate | 1 Jul 2024 | $131m |
| Cartesian Therapeutics, Inc. | Gaithersburg, MD | Health | 2 Jul 2024 | $130m |
| ZAP ENERGY, INC. | Everett, WA | Energy | 15 Jul 2024 | $130m |
| Halda Therapeutics, LLC | New Haven, CT | Health | 31 Jul 2024 | $126m |
| Scorpion Therapeutics, Inc. | Boston, MA | Health | 1 Jul 2024 | $126m |
| Vignette Bio, Inc. | San Diego, CA | Health | 17 Jul 2024 | $105m |
| HistoSonics, Inc. | Plymouth, MN | Health | 31 Jul 2024 | $102m |
| DevRev, Inc. | Palo Alto, CA | Technology | 10 Jul 2024 | $101m |
| JLLX Diversified VI, DST | Chicago, IL | Real estate | 31 Jul 2024 | $100m |
| TherapyMatch, Inc. | New York, NY | Health | 16 Jul 2024 | $100m |
| Spring Care, Inc. | New York, NY | Other | 16 Jul 2024 | $100m |
| Counsel AI Corp | San Francisco, CA | Technology | 15 Jul 2024 | $99m |
| Hayden AI Technologies Inc. | San Francisco, CA | Technology | 3 Jul 2024 | $95m |
| K Health, Inc. | New York, NY | Technology | 15 Jul 2024 | $88.4m |
| 1st Funding Financial Guaranty Insurance Co | Peachtree Corners, GA | Finance | 15 Jul 2024 | $87.5m |
| SPS COMMERCE INC | Minneapolis, MN | Consumer & industrial | 31 Jul 2024 | $87m |
Which states raised the most?
NY led with $3.9bn across 87 raises.
| State | Raises | Total |
|---|---|---|
| NY | 87 | $3.9bn |
| CA | 156 | $2.2bn |
| MA | 48 | $894m |
| IL | 31 | $730m |
| FL | 59 | $693m |
| TX | 101 | $515m |
| WA | 44 | $485m |
| GA | 18 | $370m |
| MD | 17 | $278m |
| CO | 49 | $258m |
| MN | 15 | $250m |
| TN | 11 | $188m |
| PA | 31 | $185m |
| DE | 23 | $154m |
| CT | 12 | $151m |
| OH | 19 | $98.4m |
| AZ | 15 | $93.3m |
| UT | 12 | $92.9m |
| NC | 27 | $81.9m |
| NV | 7 | $71.1m |
| IN | 7 | $54.1m |
| SC | 9 | $45.9m |
| IA | 5 | $35.2m |
| NJ | 14 | $33m |
| OR | 10 | $26.4m |