Monthly report · from SEC Form D filings
The state of private funding: March 2023
New raises
1,041
−23% vs Mar 22
Capital reported
$16.02B
−6% vs Mar 22
Median raise
$1.5M
$1.8M a year earlier
Month by month
Last 24 months · select a bar for that month
By sector
| Sector | Raises | Raised | vs year earlier |
|---|---|---|---|
| Other | 267 | $7.68B | +48% |
| Technology | 338 | $5.11B | −25% |
| Health Care | 175 | $1.67B | −7% |
| Financial Services | 47 | $645M | −67% |
| Energy | 37 | $353M | +82% |
| Consumer | 49 | $188M | −60% |
| Manufacturing | 37 | $98.1M | −29% |
| Media & Entertainment | 14 | $87.4M | −69% |
Busiest states
| State | Raises | Raised |
|---|---|---|
| California | 181 | $10.4B |
| New York | 94 | $625M |
| Texas | 66 | $696M |
| Florida | 63 | $271M |
| Massachusetts | 49 | $898M |
| Washington | 36 | $166M |
| Illinois | 32 | $125M |
| Pennsylvania | 30 | $106M |
The 10 largest raises
March 2023
| Company | Where | Sector | Raised |
|---|---|---|---|
| Stripe, Inc. | South San Francisco, CA | Other | $6.13B |
| Reunion Infrastructure, Inc. | San Francisco, CA | Technology | $2.63B |
| Siprocal, Inc | Dallas, TX | Technology | $380M |
| First National Bancshares, Inc. | East Lansing, MI | Financial Services | $325M |
| Skydio, Inc. | San Mateo, CA | Technology | $227M |
| Koch Industries Inc. | Wichita, KS | Other | $148M |
| Apprentice FS, Inc. | Jersey City, NJ | Technology | $140M |
| Chroma Medicine, Inc. | Boston, MA | Health Care | $135M |
| Enstructure Holdco LLC | Wellesley, MA | Other | $120M |
| NGF Holdings, LLC | Malibu, CA | Financial Services | $118M |
New Form D notices from operating companies (investment funds and vehicles excluded), as reported to the SEC; raises over $10B are left out of totals. ← February 2023 · April 2023 →