Raise Scoreboard
Week 43Modal Labs, Inc. $602MFormfactor Inc $300MXona Space Systems Inc. $239MWaveDivision Capital XIX, LLC $163MSend Cut Send, Inc. $140MTCG Opportunity Fund II, LLC $113MCarter Investment Holdings, L.P. $112MTown.com, Inc. $104M

Weekly recap

Biggest private raises: Week 7, 2025 (Feb 10–16)

244 companies reported $1.99B in new private raises on Form D in Week 7, 2025 (Feb 10–16). The biggest was Counsel AI Corp, $300M in the Tech League from California. Tectonic Therapeutic, Inc. ($185M) and Prenuvo, Inc. ($85M) rounded out the top three. The Tech League led all leagues with $807M across 57 raises. California topped the state standings with $717M. That is up 76% versus the week before ($1.13B). 134 of the 244 were first-time Form D filers, led by Prenuvo, Inc. ($85M). In the Fund League, 204 funds reported $4.63B.

Top 25

#CompanyLeagueStateRaisedRaisingFiled
1Counsel AI CorpTechCA$300M$300MFeb 14
2Tectonic Therapeutic, Inc.Bio & HealthMA$185M$185MFeb 14
3Prenuvo, Inc. rookieBio & HealthCA$85M$90MFeb 14
4ICON Technology, Inc.TechTX$56.2M$100MFeb 13
5Liberation Labs Holdings Inc.TechNY$52M$52MFeb 10
6Underdog Sports Holdings, Inc. rookieOpenNY$50.9M$175MFeb 12
7Latigo Biotherapeutics, Inc. rookieBio & HealthCA$50M$150MFeb 13
8FitOn Inc.TechCA$48.7M$63.7MFeb 13
9Allay Therapeutics, Inc.Bio & HealthCA$45M$60MFeb 10
10AgVend Inc.TechTX$42.8M$57MFeb 11
11Creditly Corp.TechPA$33.8M$33.8MFeb 12
12Phlow Corp.Bio & HealthVA$30.5M$40MFeb 14
13Sitemetric Parent, LLC rookieOpenTX$30M$30MFeb 11
14Justpoint Inc.OpenCO$30M$30MFeb 12
15Varo Money, Inc.FinanceCA$29M$55MFeb 14
16Earth AI Inc.TechIntl$25.9M$25.9MFeb 13
17Commons Clinic Inc.OpenTX$25.7M$25.7MFeb 11
18Elite Investments of Sarasota LLC rookieReal EstateFL$25M$25MFeb 14
19MPC FED 2024 Energy Fund VIII, LLC rookieReal EstateGA$24.5MindefiniteFeb 12
20Puzzle Medical Devices Inc. rookieTechIntl$24.5M$24.5MFeb 13
21Lumata Health Inc.Bio & HealthOK$23.3M$23.3MFeb 11
22Lovable Labs Inc rookieTechDE$20.2M$22.8MFeb 14
23Kemin Foods, L.C.OpenIA$20M$20MFeb 12
24Kemin Holdings, L.C.OpenIA$20M$20MFeb 12
25Kemin Industries, Inc.OpenIA$20M$20MFeb 12

By league

LeagueRaisedRaises
Tech$807M57
Bio & Health$508M24
Open$339M72
Real Estate$219M53
Finance$81.1M18
Main Street$25.6M15
Energy$12.3M5

By state

StateRaisedRaises
California$717M38
Massachusetts$260M12
Texas$207M25
New York$153M27
International$100M29
Florida$89M17
Iowa$62.4M4
Colorado$43.1M6
Delaware$38.2M6
Pennsylvania$35.7M5
Virginia$32.5M2
Georgia$30.9M7
Oklahoma$30.2M3
Utah$25.3M5
Minnesota$24.8M5

Rookies

First Form D ever filed.

#CompanyLeagueStateRaisedRaisingFiled
1Prenuvo, Inc. rookieBio & HealthCA$85M$90MFeb 14
2Underdog Sports Holdings, Inc. rookieOpenNY$50.9M$175MFeb 12
3Latigo Biotherapeutics, Inc. rookieBio & HealthCA$50M$150MFeb 13
4Sitemetric Parent, LLC rookieOpenTX$30M$30MFeb 11
5Elite Investments of Sarasota LLC rookieReal EstateFL$25M$25MFeb 14
6MPC FED 2024 Energy Fund VIII, LLC rookieReal EstateGA$24.5MindefiniteFeb 12
7Puzzle Medical Devices Inc. rookieTechIntl$24.5M$24.5MFeb 13
8Lovable Labs Inc rookieTechDE$20.2M$22.8MFeb 14
9WHICRE Naples Multifamily Partners LLC rookieReal EstateIL$18.2M$18.2MFeb 11
10Temelpa Holdings, Inc. rookieOpenCA$17M$17MFeb 14

Fund League

$4.63B across 204 funds.

#CompanyStateRaisedRaisingFiled
1Cerberus SFR FoO Feeder, L.P. rookieNY$1.13BindefiniteFeb 14
2Cerberus RPL FoO Overseas Feeder, L.P. rookieNY$694MindefiniteFeb 14
3Cerberus SFR FoO, L.P. rookieNY$423MindefiniteFeb 14
4MGIF Co-Invest 5 SCSp rookieIntl$376MindefiniteFeb 13
5Maverick Silicon Fund, L.P. rookieTX$259MindefiniteFeb 13
6Ascendant Capital International Feeder II LP rookieIntl$193M$250MFeb 10
7ICG Private Markets IDF Fund I Series of the SALI Multi-Series Fund, L.P. rookieTX$160MindefiniteFeb 13
8Corient Registered Alternatives Fund rookieFL$110MindefiniteFeb 11
9Cerberus RPL FoO, L.P. rookieNY$104MindefiniteFeb 14
10MML Growth Capital Partners Ireland Fund III LP rookieIntl$87.9MindefiniteFeb 12
All 244 raises this week
#CompanyLeagueStateRaisedRaisingFiled
26Axial Therapeutics, Inc.Bio & HealthMA$19.4M$22MFeb 11
27Electrified Thermal Solutions, Inc.OpenMA$18.6M$20MFeb 13
28Savant Labs, Inc.TechCA$18.5M$18.5MFeb 11
29WHICRE Naples Multifamily Partners LLC rookieReal EstateIL$18.2M$18.2MFeb 11
30Delfina Care Inc.TechCA$17.4M$17.4MFeb 13
31Temelpa Holdings, Inc. rookieOpenCA$17M$17MFeb 14
32Spinal Stabilization Technologies, LLCBio & HealthTX$16.9M$17MFeb 10
33Lightkeepers Village Lewes, LP rookieReal EstateDE$15.3M$15.3MFeb 14
34Uniken Inc.TechNJ$15.1M$15.1MFeb 14
35Edesa Biotech, Inc.Bio & HealthIntl$15M$15MFeb 14
36Ushur, Inc.TechCA$15M$30MFeb 13
37Sensorium Therapeutics, Inc.Bio & HealthMA$14.5M$38.5MFeb 12
38Tana Labs, Inc. rookieOpenCA$14.5M$14.5MFeb 13
39Triller Group Inc.OpenCA$14MindefiniteFeb 10
40Mitesco, Inc.TechFL$13.9M$15MFeb 13
41Somatic Holdings, Inc.TechNY$13.7M$15MFeb 12
42Spring Valley Pike Holdings, LLC rookieReal EstateIN$13.7M$14MFeb 10
43AF HoldCo, LLCFinanceTN$12.9MindefiniteFeb 12
44Elgh Johnson & Southern 156 Acres, LLC rookieReal EstateAZ$12.4M$12.4MFeb 11
45Vutility, Inc.TechUT$11.5M$12.2MFeb 11
46TOCA Football, Inc.OpenCA$11.5M$22.5MFeb 11
47Gold Leaf Farming LPMain StreetCA$10.8MindefiniteFeb 12
48Leerink Aggregator LPFinanceMA$10.3M$10.3MFeb 10
49Boostly, Inc. rookieTechUT$10M$10MFeb 11
50Frontera Health, Inc. rookieBio & HealthCO$10M$10MFeb 14
51Anno.ai, Inc. rookieTechMN$8.5M$8.5MFeb 14
52Post Azur Partners, LLC rookieFinanceCA$8.2M$8.2MFeb 14
53Topanga.io Corp.TechCA$7.7M$8MFeb 10
54WunderGraph, Inc. rookieTechFL$7.5M$7.5MFeb 12
55UrbanFox Holdings Inc. rookieOpenIntl$7.5M$8MFeb 11
56Tioga Crossing LP rookieReal EstateTX$7.4M$7.4MFeb 10
57FruitionData, Inc. rookieTechNY$7.2M$7.2MFeb 11
58Proficient, Inc.TechNC$7.1M$10MFeb 11
59HSC Aris Coinvestment Owner VII, LLC rookieReal EstateFL$7M$7MFeb 14
60HSC Aris Coinvestment Owner VIII, LLC rookieReal EstateFL$7M$7MFeb 14
61HSC Aris Coinvest, LLC rookieReal EstateFL$6.9M$20MFeb 14
62BT Columbia Student Housing DST rookieReal EstateWI$6.8M$26.1MFeb 11
63Ezekiel Strategic Development, LLC rookieEnergyOK$6.6M$12.4MFeb 12
64Digihost Technology Inc.TechIntl$6.6M$6.6MFeb 14
65Alumni Ventures Group LLCFinanceNH$6.2M$20MFeb 14
66Roers Plymouth Apartments LLC rookieReal EstateMN$6.2M$26.4MFeb 14
67UPSHOT Team Holdco, LLC rookieOpenFL$6.1M$18MFeb 13
68Mountainview Lenders, LLC rookieReal EstateWA$6M$29.5MFeb 10
69RCC Village at Lakeline, LLC rookieReal EstateTX$5.6M$10MFeb 11
703VP Sapphire Investors LLC rookieReal EstateGA$5.6M$5.9MFeb 11
71Endurus Ninety9, LLC rookieReal EstateMN$5.1M$6MFeb 13
72Chasm Advanced Materials, Inc.TechMA$5M$5MFeb 11
73HRE Arden Hills Investors, LLC rookieOpenMN$5M$5MFeb 13
74Hcre 009 LLC rookieReal EstateTX$5M$5MFeb 10
75UCAP Power, Inc. rookieEnergyMO$4.8M$4.8MFeb 12
76Spark GHC Scarlet, L.P. rookieReal EstateOH$4.8M$20MFeb 11
77My Elektra, Inc.TechNY$4.6M$5.8MFeb 10
78Global Atomic CorpOpenIntl$4.4M$35.1MFeb 14
79Exo Imaging, Inc.Bio & HealthCA$4.2M$8MFeb 11
80Generation Income Properties, L.P.FinanceFL$4.2M$4.2MFeb 14
81IRIS AI Technologies, Inc. rookieTechNY$4.1M$5MFeb 13
82Troilus Gold Corp.OpenIntl$4M$4MFeb 11
83Alacura Holdings, Inc.Bio & HealthTX$4M$8MFeb 10
84Open AI A Series Of Vuvp Fund LLC rookieOpenTX$3.7M$3.7MFeb 10
85Rifle Storage ManageCo, LLC rookieReal EstateAZ$3.5M$6MFeb 14
864310 Stout PE Investors, LLC rookieReal EstateCA$3.5M$3.5MFeb 12
87Unison Computing, PBCOpenMA$3.1M$6.5MFeb 10
88HSC Aris Coinvestment Owner II, LLC rookieReal EstateFL$3M$3MFeb 14
89Miren, Inc. rookieTechCA$3M$3.1MFeb 11
90Fara Homidi Collection Inc.OpenNY$3M$3MFeb 14
91Raymond Thomas Holdings, Inc.OpenNY$2.9M$5MFeb 13
92Pepper Tree Amarillo 168, LLC rookieReal EstateUT$2.9M$2.9MFeb 10
93EML SRS Holdings, LLC rookieReal EstateFL$2.9M$2.9MFeb 11
94Hatz AI, Inc.TechNY$2.8M$3MFeb 11
95Collaborative Network 4 Clinical Excellence, Inc. rookieTechCO$2.7M$2.8MFeb 11
96Vitalis MOB Lakeside, LLC rookieReal EstateFL$2.7M$2.7MFeb 14
97Cornami, Inc.TechTX$2.6M$2.6MFeb 10
98Lavras Gold Corp. rookieOpenIntl$2.6M$2.6MFeb 12
99SkillCycle, Inc.OpenNY$2.5M$4.8MFeb 11
100Asymmetria Investors III, LLC - Firestone (PS) rookieFinanceIA$2.4M$3MFeb 13
101JVEC Reston Multifamily, LLC rookieReal EstateTX$2.4M$2.5MFeb 12
102Endless Adventures Inc rookieTechWA$2.4M$2.4MFeb 12
103MagLev Aero Inc.TechMA$2.3M$3.2MFeb 10
104Fitz Roy CB3, LLC rookieFinanceNE$2.2M$2.2MFeb 12
105Simple Life GP, LLC rookieOpenFL$2.2M$2.2MFeb 12
106Eloy I10 & Tonto Road 80 Acres LLC rookieReal EstateAZ$2M$2MFeb 13
107Ascend Partners Topco, LP rookieMain StreetVA$2MindefiniteFeb 14
108Arena Hudson Investors LLC rookieReal EstateNY$2M$11.1MFeb 10
109Entitle Fund Four, LLC rookieReal EstateWA$2M$2MFeb 11
110Official Technologies, Inc. rookieTechWA$2M$4MFeb 10
111ResearchHub Technologies, Inc.TechCA$2M$2MFeb 13
112RokPaper Packaging rookieMain StreetAZ$2M$3MFeb 10
113Swvl Holdings CorpMain StreetIntl$2M$2MFeb 13
114Protein Pints Inc. rookieMain StreetMI$2M$3MFeb 10
115Smallholding Investments, LLC rookieFinanceCA$1.8M$19.8MFeb 12
116Visalaw Ventures, Inc. rookieTechTN$1.6M$1.6MFeb 10
117Series 31-2, a series of StartEngine Private LLC rookieOpenCA$1.5M$2.3MFeb 11
118Biocanic, Inc.TechCA$1.5M$1.5MFeb 12
119SaverOne 2014 Ltd. rookieOpenIntl$1.5M$1.5MFeb 14
120Apollo Asset Backed Credit Co LLCOpenNY$1.5M$1.5MFeb 14
121Fresh Vine Wine, Inc.Main StreetNC$1.5M$1.5MFeb 14
122PropShopTrader OUOpenIntl$1.5M$1.5MFeb 11
123Ucore Rare Metals Inc.OpenIntl$1.5M$3.4MFeb 14
124Clarity Financial, Inc.OpenDE$1.5M$1.5MFeb 11
125Nash Holdings, LLC rookieMain StreetTN$1.4M$1.4MFeb 11
126Resolute Science, Inc.Bio & HealthCA$1.4M$3MFeb 10
127Elica Capital Investments, LLC rookieFinanceID$1.2M$75MFeb 14
128Nabaco Inc.TechTX$1.2M$3MFeb 13
129Gi Property 87 LLC rookieReal EstateCA$1.2M$1.2MFeb 13
130Integrated Physicians Management Services, LLCMain StreetCT$1.1M$1.1MFeb 11
131Gi Property 84 LLC rookieReal EstateCA$1.1M$1.1MFeb 13
13260 Degrees Pharmaceuticals, Inc.Bio & HealthDC$1.1M$1.1MFeb 12
13360 Degrees Pharmaceuticals, Inc.Bio & HealthDC$1M$1MFeb 11
134Union Dental Realty LLC rookieReal EstateNJ$1M$1MFeb 13
135Gi Property 96 LLC rookieReal EstateCA$1M$1MFeb 13
136AmPd Labs, Inc. rookieMain StreetTX$1M$2MFeb 10
137Nextech3D.AI Corp.OpenIntl$957K$957KFeb 11
138New York Life Insurance CoFinanceNY$864KindefiniteFeb 12
139SLT Fund LLC rookieReal EstateCA$845K$2.5MFeb 12
140Pur Valley Holdings Inc. rookieOpenPA$800K$800KFeb 10
141Mother's Milk Is Best, Inc. rookieTechMA$797K$1.6MFeb 11
142Simulacra Data, Inc. rookieTechNY$750K$2MFeb 10
143Specialty Imports, Inc rookieOpenNY$733K$1MFeb 14
14410610453 Canada Inc.OpenIntl$700K$700KFeb 10
145Rumi Search, LLC rookieOpenIntl$700K$700KFeb 11
146Pomegranate Investor LLC rookieMain StreetNY$670K$3MFeb 13
147Cottonsie IncMain StreetDE$650K$1.1MFeb 12
148Strata Platforms, Inc. rookieTechSC$630K$1.3MFeb 14
149YUMA AI Inc.OpenMA$625K$1.5MFeb 14
150Elixirgen Therapeutics, Inc.Bio & HealthMD$600K$600KFeb 12
151Neon Studios Inc. rookieTechAZ$600K$800KFeb 10
152Scorpius Holdings, Inc.Bio & HealthNC$600K$600KFeb 12
153VTX Holdings, LLCOpenNY$554K$554KFeb 13
154SAM VGM Syndicate, LLC rookieReal EstateNC$520K$2MFeb 11
155Pura Vida Investors II, LP rookieReal EstateTX$510K$5MFeb 12
156Apex Newco II LLC rookieReal EstateGA$500K$1MFeb 12
157Joinable Labs Inc rookieOpenDE$500K$500KFeb 14
158Mobiquity Technologies, Inc.TechNY$500K$500KFeb 14
159QualiaOS, IncTechPA$500K$3MFeb 11
160Poplar Resources CorpEnergyTX$469K$1MFeb 11
161Vega Assisted Living Fund LLC rookieReal EstateUT$450K$1MFeb 14
162Apollo Infrastructure Co LLCOpenNY$428K$428KFeb 14
163Med-x, Inc.OpenCA$428K$2.3MFeb 11
164CCWP18 LLC rookieOpenID$425K$3MFeb 10
165Airbatch Inc rookieTechUT$400K$400KFeb 13
166Novastus, Inc.OpenTN$400K$800KFeb 11
167Redan Holdings Group LLC rookieFinanceIL$375K$375KFeb 12
168VPP 13197 Alton LLC rookieReal EstateFL$375K$375KFeb 10
169Simian SPX-Mandrill fund (SSMXX) LLC rookieFinanceWY$370K$75MFeb 11
170Megantic Opportunity Portfolio, LLC rookieOpenCA$350K$1MFeb 13
171Neon Studios Inc. rookieTechAZ$350K$5MFeb 10
172Jones Financial Companies LLLPFinanceMO$325K$325KFeb 11
173Team BP, LLCOpenPA$315K$315KFeb 14
174Centurion Thoroughbred Stables I, LLC rookieFinanceTX$300K$300KFeb 11
175Delta-S Energy, Inc. rookieEnergyCA$300KindefiniteFeb 13
176Purity Resource, Inc. rookieOpenAZ$298K$3MFeb 10
177Bird River Resources Inc. rookieOpenIntl$285K$285KFeb 14
178Lumina Holdings SPV III 2024 A Series Of Master Fund I LLC rookieOpenTX$275K$275KFeb 13
179Fairway Finder, Inc. rookieTechCA$268K$400KFeb 13
180WEG Consolidated, LLCOpenMA$255KindefiniteFeb 10
181Auxilium Laboris Inc. rookieOpenOK$250K$3MFeb 13
182Bobo Labs Inc rookieBio & HealthPA$250K$6MFeb 11
183DepYmed Inc.Bio & HealthNY$250K$250KFeb 11
184Juris Pay, LLC rookieFinanceDC$250K$1.5MFeb 12
185MGC Ashton LLC rookieReal EstateTX$250K$10.8MFeb 11
186NovAb, Inc.Bio & HealthGA$250K$250KFeb 11
187YUMA AI Inc.OpenMA$250K$250KFeb 14
188Lost & Found LLC rookieMain StreetTN$225KindefiniteFeb 14
189624 Ball St Galveston LLC rookieReal EstateTX$200K$300KFeb 10
190Cameron High Grove, LLCOpenNC$200KindefiniteFeb 10
191Exo Imaging, Inc.Bio & HealthCA$200K$1.4MFeb 11
192GDP Bear Creek Holdings, LLC rookieReal EstateTX$200K$2.5MFeb 10
193Nowadays SPV A Series Of Master Fund I LLC rookieOpenTX$200K$200KFeb 11
194Golden Cariboo Resources Ltd.OpenIntl$182K$356KFeb 13
195Pk Side LLC rookieReal EstateTX$175K$1MFeb 13
196Great Pacific Gold Corp.OpenIntl$174K$309KFeb 13
197Lion Rock Resources Inc.OpenIntl$157K$157KFeb 13
198Foursquare Integrated Transportation Planning, Inc. rookieMain StreetDC$152K$500KFeb 10
199Delectable AI, Inc. rookieTechCO$150KindefiniteFeb 14
200Hixson Holdings IncOpenOH$144K$144KFeb 13
201Suncoast Commons LLC rookieReal EstateFL$140K$140KFeb 11
202Noctua Interactive, Inc. rookieTechWA$130K$500KFeb 10
203Part II Inc. rookieTechIL$130K$130KFeb 11
204ABC REIT Intermediate Holdings, LLC rookieReal EstateNY$125K$125KFeb 10
205AIC REIT Holdings, LLC rookieReal EstateNY$125K$125KFeb 10
206BDT & MSD (T) Credit REIT, LLC rookieReal EstateNY$125K$125KFeb 10
207Kore Infrastructure, LLCEnergyMT$125K$125KFeb 14
208La Caza Group Holdings Inc.OpenTX$125K$2.5MFeb 12
209NW US Residential REIT LLC rookieReal EstateCO$125K$125KFeb 12
210PP Tango NJ 3 REIT LLC rookieReal EstateCA$125K$125KFeb 11
211PP Tango NY REIT LLC rookieReal EstateCA$125K$125KFeb 11
212Rose Affordable Housing Preservation Fund VI REIT, LLC rookieReal EstateNY$125K$125KFeb 12
213Ullico Infrastructure Towerpoint REIT, LLC rookieReal EstateMD$125K$125KFeb 11
214W&D Debt Fund REIT LLC rookieReal EstateCO$125K$125KFeb 10
215Attribution, Inc. rookieTechCA$120K$500KFeb 11
216Foxo Technologies Inc.OpenMN$110K$110KFeb 11
217Gaingels Betr LLC rookieOpenVT$108K$108KFeb 10
218Mitesco, Inc.TechFL$100K$5MFeb 13
219URP Opportunity Fund, LLC rookieFinanceNY$100K$100MFeb 11
220Cannaisseur Group Inc.OpenGA$90K$90KFeb 10
221Scale-Up International Inc. rookieMain StreetWA$84K$150KFeb 10
222Cristie Kerr Wines LLCOpenCA$75K$4MFeb 11
223Rpip REIT LLC rookieReal EstateMD$62K$62KFeb 10
224Ares Strategic Mining Inc.OpenIntl$60K$60KFeb 11
225Get Complete LtdTechIntl$50K$50KFeb 11
226Golden Cariboo Resources Ltd.OpenIntl$45K$89KFeb 10
227GHN Career Academy Inc. rookieMain StreetCA$40K$1MFeb 11
228Plymouth Rock Lithotripsy, LLCBio & HealthTX$28K$28KFeb 11
229Silver Storm Mining Ltd.OpenIntl$27K$27KFeb 10
230Accent Innovations Inc. rookieTechOR$25K$250KFeb 14
231Surgery Center of Mt. Scott, LLCBio & HealthOR$22K$151KFeb 12
232ExoTech LtdTechIntl$20K$7MFeb 12
233Axcap Ventures Inc.OpenIntl$19K$38KFeb 11
234Circulate Capital, LLC rookieFinanceNY$16K$16KFeb 13
235Legend Power Systems Inc.OpenIntl$13K$33KFeb 13
236Apollo Infrastructure Co LLCOpenNY$12K$12KFeb 14
237Dog Company, Inc.OpenDE$8K$25KFeb 11
238Share Marketplace, Inc. rookieTechIntl$8K$150KFeb 10
239Retreat Builder Inc rookieTechFL$7KindefiniteFeb 14
240Manganese X Energy Corp. rookieOpenIntl$6K$6KFeb 14
241Cannaisseur Group Inc.OpenGA$5K$5KFeb 13
242Recharge Resources Ltd. rookieOpenIntl$5K$12KFeb 14
243Cannaisseur Group Inc.OpenGA$1K$1KFeb 13
244SwapKit Holdings, Inc. rookieTechFL$17$55Feb 11