How much did US private companies raise in December 2024?
1,063 companies reported raises totalling $24.1bn on SEC Form D in December 2024. Technology was the largest sector at $11.8bn, and CA the largest state at $12.5bn. Amounts are as reported by the issuers; pooled funds are excluded.
Which industries raised the most?
Technology led with $11.8bn across 310 raises. Industries follow the SEC's own groups, folded into 7 buckets.
| Industry | Raises | Total | Share |
|---|---|---|---|
| Technology | 310 | $11.8bn | 49% |
| Other | 258 | $6.1bn | 25% |
| Finance | 69 | $2.1bn | 9% |
| Real estate | 194 | $1.8bn | 7% |
| Health | 132 | $1.6bn | 7% |
| Energy | 31 | $383m | 2% |
| Consumer & industrial | 69 | $273m | 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 | 17 Dec 2024 | $8.6bn |
| SVP MVP Holdings, L.P. | Chicago, IL | Other | 4 Dec 2024 | $2.1bn |
| GRUPO GON-REY HOLDINGS, LLC | Anaheim, CA | Other | 23 Dec 2024 | $1.4bn |
| DTW Air Cargo Logistics DST | Nashua, NH | Real estate | 24 Dec 2024 | $480m |
| Simplicity Group Holdings, LP | Summit, NJ | Finance | 31 Dec 2024 | $381m |
| ATS Holdings, LLC | New York, NY | Finance | 16 Dec 2024 | $361m |
| HIG Holdings, LLC | Fort Worth, TX | Finance | 9 Dec 2024 | $359m |
| Whatnot Inc. | San Francisco, CA | Technology | 24 Dec 2024 | $262m |
| Olema Pharmaceuticals, Inc. | San Francisco, CA | Health | 4 Dec 2024 | $250m |
| METROPOLITAN LIFE INSURANCE CO | New York, NY | Finance | 18 Dec 2024 | $219m |
| Verkada Inc. | San Mateo, CA | Technology | 20 Dec 2024 | $200m |
| Own Tactical Equipment I LLC | New York, NY | Other | 19 Dec 2024 | $198m |
| OLIPOP INC. | Oakland, CA | Other | 19 Dec 2024 | $188m |
| STOKE Space Technologies, Inc. | Kent, WA | Technology | 9 Dec 2024 | $184m |
| Electrasteel, Inc. | Boulder, CO | Other | 18 Dec 2024 | $180m |
| MINERALRITE Corp | Dallas, TX | Other | 31 Dec 2024 | $180m |
| DraftKings Inc. | Boston, MA | Technology | 3 Dec 2024 | $155m |
| VERMONT TRANSCO LLC | Rutland, VT | Energy | 9 Dec 2024 | $150m |
| RAPT Therapeutics, Inc. | South San Francisco, CA | Health | 27 Dec 2024 | $150m |
| Syncromune, Inc. | Fort Lauderdale, FL | Health | 3 Dec 2024 | $145m |
| JLLX Diversified VIII, DST | Chicago, IL | Real estate | 4 Dec 2024 | $138m |
| Fervo Energy Co | Houston, TX | Energy | 13 Dec 2024 | $135m |
| Highnote Platform, Inc. | San Francisco, CA | Technology | 16 Dec 2024 | $125m |
| CRA Funding XII LLC | New York, NY | Finance | 17 Dec 2024 | $111m |
| Enterprise Housing Partners 46 Limited Partnership | Columbia, MD | Real estate | 17 Dec 2024 | $104m |
Which states raised the most?
CA led with $12.5bn across 166 raises.
| State | Raises | Total |
|---|---|---|
| CA | 166 | $12.5bn |
| IL | 43 | $2.6bn |
| NY | 106 | $1.6bn |
| TX | 96 | $1.5bn |
| MA | 57 | $848m |
| FL | 52 | $517m |
| CO | 49 | $508m |
| NH | 5 | $484m |
| NJ | 18 | $452m |
| WA | 32 | $315m |
| MN | 24 | $215m |
| VA | 29 | $200m |
| UT | 17 | $200m |
| AZ | 19 | $185m |
| NC | 22 | $173m |
| MD | 14 | $170m |
| GA | 27 | $166m |
| VT | 15 | $162m |
| DE | 31 | $137m |
| OR | 10 | $113m |
| MO | 11 | $94.8m |
| OH | 25 | $86.2m |
| AR | 15 | $74.4m |
| NV | 12 | $73.5m |
| PA | 25 | $64.2m |