Weekly recap

Biggest private raises: Week 13, 2025 (Mar 24–30)

177 companies reported $1.13B in new private raises on Form D in Week 13, 2025 (Mar 24–30). The biggest was Caban Systems Holding, Inc., $123M in the Tech League from California. ByHeart, Inc. ($72.2M) and Cicero Technologies, Inc. ($63M) rounded out the top three. The Tech League led all leagues with $402M across 51 raises. California topped the state standings with $394M. That is down 50% versus the week before ($2.26B). 110 of the 177 were first-time Form D filers, led by Caban Systems Holding, Inc. ($123M). In the Fund League, 189 funds reported $5.12B.