How much did US private companies raise in August 2024?
856 companies reported raises totalling $8.1bn on SEC Form D in August 2024. Technology was the largest sector at $1.8bn, and CA the largest state at $2.4bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Technology led with $1.8bn across 235 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Technology | 235 | $1.8bn | 23% |
| Finance | 51 | $1.7bn | 21% |
| Other | 190 | $1.7bn | 21% |
| Health | 100 | $1.1bn | 14% |
| Real estate | 187 | $1.1bn | 13% |
| Consumer & industrial | 66 | $377m | 5% |
| Energy | 27 | $290m | 4% |
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 |
|---|---|---|---|---|
| PACIFIC LIFE INSURANCE CO | Newport Beach, CA | Finance | 1 Aug 2024 | $652m |
| Horizon Kinetics Holding Corp | New York, NY | Finance | 1 Aug 2024 | $381m |
| OSP Gannett Holdings, LLC | New York, NY | Other | 5 Aug 2024 | $286m |
| Candid Therapeutics, Inc. | San Diego, CA | Health | 19 Aug 2024 | $206m |
| WESBANCO INC | Wheeling, WV | Finance | 1 Aug 2024 | $200m |
| Evolution Parent Holdings LLC | Boston, MA | Consumer & industrial | 1 Aug 2024 | $192m |
| Cribl, Inc. | San Francisco, CA | Other | 2 Aug 2024 | $137m |
| Elektrofi, Inc. | Boston, MA | Health | 8 Aug 2024 | $112m |
| Miramar IOS Partners, LP | Los Angeles, CA | Real estate | 20 Aug 2024 | $105m |
| UM Capital LLC | Sheridan, WY | Energy | 7 Aug 2024 | $100m |
| TENAX THERAPEUTICS, INC. | Chapel Hill, NC | Health | 8 Aug 2024 | $99.7m |
| TOCA Football, Inc. | Costa Mesa, CA | Other | 12 Aug 2024 | $95m |
| SUBMITTABLE HOLDINGS, INC. | Missoula, MT | Technology | 7 Aug 2024 | $91.5m |
| TRC 2004, Inc. | San Diego, CA | Health | 6 Aug 2024 | $90m |
| SUN ULTIMATE HOLDINGS, LLC | Memphis, TN | Finance | 21 Aug 2024 | $82.5m |
| Kong Inc. | San Francisco, CA | Technology | 6 Aug 2024 | $80m |
| Pen Technology Inc. | Bellevue, WA | Technology | 1 Aug 2024 | $76.9m |
| So Cal Newco LLC | Conshohocken, PA | Other | 13 Aug 2024 | $76.8m |
| Athletic Brewing Holding Company, LLC | Milford, CT | Other | 1 Aug 2024 | $68m |
| B&A Partners Holding, LLC | New York, NY | Other | 16 Aug 2024 | $66.9m |
| Hidden Level, Inc | Syracuse, NY | Technology | 29 Aug 2024 | $66.5m |
| IMA Financial Group, Inc. | Wichita, KS | Finance | 1 Aug 2024 | $66.2m |
| Rivus Pharmaceuticals, Inc. | Charlottesville, VA | Health | 9 Aug 2024 | $66m |
| Moximed, Inc | Fremont, CA | Health | 7 Aug 2024 | $62.7m |
| CSA Medical, Inc. | Lexington, MA | Other | 30 Aug 2024 | $59.7m |
Which states raised the most?
CA led with $2.4bn across 142 raises.
| State | Raises | Total |
|---|---|---|
| CA | 142 | $2.4bn |
| NY | 88 | $1.4bn |
| MA | 40 | $531m |
| TX | 61 | $276m |
| CO | 45 | $270m |
| FL | 48 | $255m |
| IL | 31 | $220m |
| WV | 1 | $200m |
| NJ | 18 | $183m |
| VA | 20 | $169m |
| NC | 22 | $162m |
| GA | 16 | $153m |
| WA | 28 | $153m |
| PA | 20 | $141m |
| AZ | 22 | $125m |
| WY | 8 | $123m |
| NV | 14 | $119m |
| AL | 12 | $110m |
| TN | 6 | $107m |
| MT | 3 | $104m |
| OH | 28 | $103m |
| CT | 10 | $85.6m |
| MN | 19 | $73.4m |
| KS | 3 | $72.2m |
| UT | 13 | $61.9m |