Who Just RaisedMonthly report · from SEC Form D filings
The state of private funding: March 2025
New raises
801
−8% vs Mar 24
Capital reported
$6.62B
−37% vs Mar 24
Median raise
$1.5M
$1.6M a year earlier
Month by month
Last 24 months · select a bar for that month
By sector
| Sector | Raises | Raised | vs year earlier |
|---|---|---|---|
| Other | 205 | $2.26B | +10% |
| Technology | 289 | $2.25B | −18% |
| Health Care | 137 | $1.22B | −66% |
| Financial Services | 37 | $488M | −42% |
| Agriculture | 6 | $134M | +48% |
| Energy | 28 | $105M | −82% |
| Manufacturing | 22 | $59.5M | −62% |
| Consumer | 26 | $46.2M | −82% |
Busiest states
| State | Raises | Raised |
|---|---|---|
| California | 123 | $2.32B |
| New York | 80 | $1.01B |
| Texas | 62 | $262M |
| Florida | 43 | $208M |
| Massachusetts | 39 | $383M |
| Colorado | 31 | $120M |
| Arizona | 22 | $79.4M |
| Washington | 22 | $164M |
The 10 largest raises
March 2025
| Company | Where | Sector | Raised |
|---|---|---|---|
| Speedway Holdings, L.P. | New York, NY | Other | $441M |
| Econic Partners LLC | Los Angeles, CA | Other | $438M |
| Olipop Inc. | Oakland, CA | Other | $188M |
| Koch, Inc. | Wichita, KS | Other | $184M |
| Celestial AI Inc. | Santa Clara, CA | Technology | $148M |
| Veronica Holdings, LLC | New York, NY | Health Care | $142M |
| Different Technologies LLC | Kansa City, MO | Financial Services | $134M |
| Drata Inc. | San Diego, CA | Technology | $127M |
| Caban Systems Holding, Inc. | Burlingame, CA | Technology | $123M |
| Sierra International Network Inc. | Irvine, CA | Technology | $120M |
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 2025 · April 2025 →