Raise Scoreboard

Weekly recap

Biggest private raises: Week 17, 2025 (Apr 21–27)

174 companies reported $912M in new private raises on Form D in Week 17, 2025 (Apr 21–27). The biggest was Bdci Capital LP, $150M in the Open League from International. Luma Financial Technologies, LLC ($62.9M) and Natron Holdings, Inc. ($55.4M) rounded out the top three. The Open League led all leagues with $244M across 48 raises. International topped the state standings with $221M. That is down 60% versus the week before ($2.30B). 90 of the 174 were first-time Form D filers, led by Bdci Capital LP ($150M). In the Fund League, 171 funds reported $3.80B.

Top 25

#CompanyLeagueStateRaisedRaisingFiled
1Bdci Capital LP rookieOpenIntl$150M$150MApr 22
2Luma Financial Technologies, LLCTechOH$62.9M$62.9MApr 22
3Natron Holdings, Inc. rookieEnergyMI$55.4M$99MApr 23
4CBRE UIV II Master Fund, L.P. rookieReal EstateIntl$39.8MindefiniteApr 23
5Canopy Tax, Inc.Main StreetUT$36.5M$36.5MApr 24
6Wheeler Bio, Inc.OpenOK$23.1M$36.5MApr 25
7Wcfi Bp Agr 2024 LLC rookieFinanceFL$21.3M$21.3MApr 22
8Xilis, Inc.Bio & HealthNC$19.4M$19.4MApr 25
9Summer, PBCTechNY$18.5M$20.3MApr 25
10CardioMech ASBio & HealthIntl$17.6M$17.6MApr 21
11Affiniti Finance, Inc.OpenNY$16.6M$17MApr 24
12Apnimed, Inc.Bio & HealthMA$16.5M$16.5MApr 24
13IronVest, Inc.TechNY$15.8M$17.8MApr 22
14EggCo, Inc. rookieTechCA$15.8M$15.8MApr 21
15Spring Garden Portfolio I Investors, LLC rookieReal EstateAL$15.4M$18MApr 21
16Precision Fermentation, Inc.TechNC$15.1M$15.1MApr 23
17Appleton Oaks Apartments LLC rookieReal EstateMA$14.1M$14.1MApr 23
18Mmi-machineworks LLC rookieReal EstateOR$13M$13MApr 21
19Recurve Analytics, Inc.EnergyCA$12.3M$12.9MApr 24
20All Pro Cottages At Century Farms LLLP rookieReal EstateCO$11.6M$14.4MApr 22
21Hawks Landing Investors, LLC rookieReal EstateCA$11M$13.5MApr 24
22Centerline Biomedical, Inc.Bio & HealthOH$10.8M$15MApr 25
23Ascertain Systems, Inc.TechNY$10M$10MApr 25
24Charles at Coventry Holdings, LLC rookieReal EstateIN$8.6M$8.6MApr 25
25SO VI Estero Co-Invest, LLC rookieReal EstateFL$8.5M$12.2MApr 23

By league

LeagueRaisedRaises
Open$244M48
Tech$232M52
Real Estate$172M31
Bio & Health$99.1M19
Energy$75.8M6
Main Street$57.8M12
Finance$30.6M6

By state

StateRaisedRaises
International$221M15
California$90.6M23
New York$79.6M17
Ohio$73.9M3
Michigan$64.9M4
Florida$52.5M17
Utah$39.9M2
North Carolina$39.7M4
Massachusetts$37.9M5
Colorado$35.2M8
Oregon$24.1M7
Oklahoma$23.1M1
Texas$18.6M13
Delaware$16.7M12
Alabama$15.4M1

Rookies

First Form D ever filed.

#CompanyLeagueStateRaisedRaisingFiled
1Bdci Capital LP rookieOpenIntl$150M$150MApr 22
2Natron Holdings, Inc. rookieEnergyMI$55.4M$99MApr 23
3CBRE UIV II Master Fund, L.P. rookieReal EstateIntl$39.8MindefiniteApr 23
4Wcfi Bp Agr 2024 LLC rookieFinanceFL$21.3M$21.3MApr 22
5EggCo, Inc. rookieTechCA$15.8M$15.8MApr 21
6Spring Garden Portfolio I Investors, LLC rookieReal EstateAL$15.4M$18MApr 21
7Appleton Oaks Apartments LLC rookieReal EstateMA$14.1M$14.1MApr 23
8Mmi-machineworks LLC rookieReal EstateOR$13M$13MApr 21
9All Pro Cottages At Century Farms LLLP rookieReal EstateCO$11.6M$14.4MApr 22
10Hawks Landing Investors, LLC rookieReal EstateCA$11M$13.5MApr 24

Fund League

$3.80B across 171 funds.

All 174 raises this week
#CompanyLeagueStateRaisedRaisingFiled
26Jeeva AI, Inc.TechCA$8.3M$8.4MApr 21
27Griot Capital Group, LLCFinanceMD$8.2M$8.2MApr 23
28RoofMarketplace, Inc.TechWI$7.6M$7.6MApr 23
2911321 Woodmeadow Holdco, LLC rookieReal EstateTX$7.3M$7.5MApr 22
30All Pro Cottages At Providence Commons LLLP rookieReal EstateCO$6.9M$10.1MApr 22
31Theo AI Inc. rookieOpenCA$6.5M$6.5MApr 23
32Barnwell Bio, Inc. rookieTechNY$6.1M$6.1MApr 25
33Aufbau Holdings LtdBio & HealthIntl$6.1M$20MApr 25
345775 DTC VEG, LLC a Colorado Ltd liability Co rookieReal EstateCO$6M$6MApr 23
35Artian Inc.OpenNY$6M$6MApr 21
36BT Manufacturing, LLCMain StreetWA$6M$6MApr 21
37Wildfire Water Solutions, Inc. rookieOpenOR$5.9M$12MApr 22
38South Broad, LLC rookieReal EstateTN$5.8M$5.8MApr 23
39Akadeum Life Sciences, Inc.Bio & HealthMI$5.6M$7.2MApr 25
40KeyStrike, Inc.TechDE$5.4M$8MApr 22
41Branch Messenger, Inc.TechCA$5M$10MApr 25
42Feel The World, Inc.Main StreetCO$5M$5MApr 24
43Olyra Foods Inc.OpenDE$5M$5MApr 24
44DMC Biotechnologies, Inc.Bio & HealthCO$4.8M$10MApr 23
45SturdyAI Inc.TechID$4.1M$4.5MApr 25
46Galaxy Diagnostics, Inc.Bio & HealthNC$4.1M$11.2MApr 22
47DIC Holdings LLC rookieReal EstateFL$4.1M$4.1MApr 23
48HSC Aris Coinvestment Owner IV, LLC rookieReal EstateFL$4M$4MApr 25
49Atbash Labs, Inc.TechCA$4M$4MApr 25
50Caprock Plugging, LP rookieEnergyTX$4M$4MApr 25
51Sentry Secure, Inc.TechPA$4M$13.5MApr 22
52Jimmy The Movie LLC rookieOpenMI$3.6M$15MApr 22
53Kollegio AI Inc. rookieTechCA$3.5M$3.8MApr 22
54Fresenius Medical Care Sunset, LLC rookieBio & HealthMA$3.5M$3.5MApr 23
55SmartCommerce Inc.TechGA$3.5M$3.5MApr 22
56PhAST Corp.Bio & HealthMA$3.5M$8MApr 24
57Apco LLCMain StreetOR$3.5M$4MApr 21
58Caddis Co.OpenUT$3.4M$3.5MApr 21
59AURA Network Systems, Inc.TechVA$3.4M$3.4MApr 22
60Digs, Inc./WATechWA$3.4M$4MApr 22
61RUB21, LLC rookieReal EstateCA$3.3M$3.3MApr 21
62Acg Nw 24 LLC rookieReal EstateFL$3.1MindefiniteApr 25
63SmartAC.com Holdings, Inc rookieTechTX$3M$5.2MApr 23
64Healthcare AI Automation, Inc. rookieOpenCA$3M$3MApr 23
65Journey Meditation, Inc.TechNY$2.7M$4.9MApr 23
66Zulu Pods, IncTechFL$2.6M$7.5MApr 21
67Autonomous Cyber, Inc. rookieTechCA$2.5M$3MApr 24
68Culinary Sciences, Inc.Main StreetCA$2.5M$3MApr 24
69Okeanos Holdings, LLCMain StreetFL$2.5M$2.5MApr 21
70Khemia Metals Inc rookieEnergyCA$2.5M$2.5MApr 21
71Care Eco CorpTechTN$2.5M$2.5MApr 22
72Ensysce Biosciences, Inc.Bio & HealthCA$2.2M$2.2MApr 25
73Kleverness IncOpenCA$2.1M$2.1MApr 25
74RePower Electric Corp.OpenAZ$2.1M$3MApr 21
75Earlyasset, Inc. rookieTechDE$2MindefiniteApr 23
76CREtelligent Inc.TechCA$2M$2MApr 23
77NeuroEM Therapeutics, Inc.Bio & HealthFL$1.9M$6.5MApr 23
78Soundstripe Inc.TechTN$1.9M$2MApr 24
79GPMS International, Inc.TechVT$1.9M$2.5MApr 24
80Ocotillo & Schnepf First Mortgage II LLC rookieOpenAZ$1.8M$1.8MApr 23
81Rebatus Inc. rookieTechDE$1.7M$2.3MApr 23
82Authmind, Inc.TechMD$1.7M$1.7MApr 24
83Dl-rl Inc. rookieTechNY$1.6MindefiniteApr 21
84Electra Battery Materials CorpOpenIntl$1.6M$6MApr 25
85NurExone Biologic Inc.Bio & HealthIntl$1.6M$3.8MApr 22
86Arras Minerals Corp.OpenIntl$1.6MindefiniteApr 23
87Myota, Inc.TechPA$1.6M$1.6MApr 21
88Acretrader 250, LLC rookieReal EstateAR$1.5M$1.5MApr 22
89Tavares Outparcel LLC rookieReal EstateFL$1.4M$1.4MApr 23
90ESGold Corp.OpenIntl$1.3M$3.1MApr 24
91BlackGold Wealth Fund 25, LP rookieEnergySD$1.1M$30MApr 23
92GS Assets III LLC rookieReal EstateCA$1.1M$1.1MApr 22
93Chorus Music, Inc. rookieOpenCA$1.1M$1.5MApr 22
94DentalHQ, LLCTechNC$1.1M$1.7MApr 24
95Accrete, Inc.TechNY$1.1M$15MApr 23
96Neptune's Vault, Inc. rookieTechOR$1M$1MApr 22
97INW Opportunity Zone Fund I LLC rookieReal EstateDE$1M$15MApr 25
98Windrow, Inc. rookieTechIN$975K$2MApr 21
99NL 1801 Grace Investors LP rookieReal EstateIL$920K$9MApr 25
10021 Hollywood Lender, LLC rookieOpenFL$800K$20MApr 22
101BRP 1215 Bordeaux Side Car LLC rookieReal EstateTX$800K$7MApr 21
102Aparagon, Inc. rookieOpenMD$750K$2.5MApr 23
103Prentus, Inc. rookieOpenFL$750K$750KApr 24
104Smyrna Outparcel LLC rookieReal EstateFL$715K$715KApr 23
105Datawizz Inc. rookieTechCA$700K$700KApr 25
106BBP Pflugerville 1433 Chris Ln Co-Invest LLC rookieOpenTX$687K$787KApr 24
107Ocean Approved, Inc.OpenME$625K$1.5MApr 25
108Salem Media Group, Inc. /de/OpenCA$600K$600KApr 23
109WMAGIBIT Ltd rookieMain StreetCO$575K$575KApr 25
110X Talents LLC rookieFinanceWY$554K$554KApr 24
111Deepinvent, Inc. rookieTechTX$550KindefiniteApr 22
112Mint & Asere LLC rookieMain StreetTX$550K$550KApr 21
113IG SPAC Sponsor LLC rookieOpenWA$525K$4.5MApr 24
114Neurotrigger Ltd.Bio & HealthIntl$520K$520KApr 22
115One Bullion LtdOpenIntl$518K$518KApr 24
116BirdDog Adventures, Inc.OpenTX$500K$10MApr 21
117Pollen, LLCTechSC$500K$1.5MApr 25
118Prime Artificial Intelligence, Inc.OpenVA$500K$1MApr 22
119Rise Oil & Gas, Inc.EnergyTX$500K$12MApr 21
120RSNPG Eagle Creek Partners RM, LLC rookieReal EstateDE$495K$3MApr 22
121Emergent 3 Partners LLC rookieMain StreetDE$475K$850KApr 22
122Transmission Technologies LLC rookieTechKY$400K$2MApr 25
123ODDSworks, Inc.OpenIL$398K$3MApr 24
124Salem Media Group, Inc. /de/OpenCA$382K$382KApr 23
125Pence/Kelly Construction, LLCReal EstateOR$363K$363KApr 25
126Title Solutions Group, LLC rookieFinanceIL$361K$361KApr 23
127Finex Metals Ltd.OpenIntl$339K$339KApr 23
128Foxo Technologies Inc.OpenFL$325K$325KApr 21
129Prescribe FIT, Inc.Bio & HealthOH$300K$3.5MApr 23
130Kangaroo Biomed A Series Of Vuvp Fund LLC rookieOpenTX$283K$283KApr 24
131Dendritic Health AI, Inc.TechMI$280K$750KApr 21
132Alleviate, Inc.TechMA$275K$1.6MApr 21
133TMC Smithwater LLC rookieReal EstateSC$275K$275KApr 23
134Patentext, Inc. rookieOpenCO$260K$550KApr 24
135College Sports Company, Inc.OpenNY$250K$500KApr 22
136DepYmed Inc.Bio & HealthNY$250K$250KApr 25
137Pence Contractors, LLCReal EstateOR$211K$211KApr 25
138Biofire II A Series Of Vuvp Fund LLC rookieOpenTX$201K$201KApr 24
139Hypernova Ventures LLC rookieOpenDE$200KindefiniteApr 23
140XR Technologies, Inc.TechIN$200K$200KApr 21
141Rover Innovation Labs, Inc.TechOR$172K$800KApr 23
142AAA Advantage Home Care Inc. rookieBio & HealthDE$160KindefiniteApr 23
143BRP 1215 Bordeaux Side Car CY LLC rookieReal EstateTX$150K$7MApr 21
144L&L Equity Corp. rookieTechNY$145K$145KApr 22
145JUUCE, Inc rookieMain StreetDE$125KindefiniteApr 23
146Palmer Logistics (Midwest 1) Assets LLC rookieReal EstateNY$125K$125KApr 21
147Richardson Logistics Assets LLC rookieReal EstateNY$125K$125KApr 21
148Thomson Logistics Assets LLC rookieReal EstateNY$125K$125KApr 21
149BotGauge AI INC. rookieTechDE$115K$500KApr 24
150DomiDocs IncTechFL$110K$5MApr 24
151Sabio Holdings Inc.TechCA$103K$103KApr 21
152Gaingels Flock Homes LLC rookieOpenVT$101K$101KApr 22
1534 Mankind, Inc. rookieBio & HealthTX$100K$100KApr 21
154Local Bites Inc. rookieMain StreetDE$100K$100KApr 25
155Monarrch, Inc. rookieTechTN$100K$2.5MApr 25
156Mywayv LLC rookieTechFL$100K$500KApr 22
157Rent|Vest, Inc. rookieTechPA$100K$1MApr 22
158medarta, inc rookieTechFL$100K$1MApr 21
159Gaingels Charter Space LLC rookieOpenVT$93K$93KApr 25
160Harvest Gold CorpOpenIntl$90K$271KApr 21
161Clearwell Investment Partners B-3, LLC rookieFinanceFL$89KindefiniteApr 21
162Blue Sky Uranium Corp.OpenIntl$81K$1.7MApr 23
163Dharma Dr. Technologies Inc.Bio & HealthID$80K$1MApr 24
164Prizm Insurance, Inc. rookieFinanceIL$50K$700KApr 25
165Snazzy Beverages, Inc. rookieMain StreetCA$45K$1MApr 22
166DY Developmental Ltd Liability Co rookieOpenNY$25K$1.9MApr 22
167Fusion Energy Solutions, Inc.OpenAZ$25K$25KApr 25
168Voltic Shipping Corp. rookieTechPA$21K$2MApr 25
169Gaingels Grifin LLC rookieOpenVT$17K$17KApr 25
170Cake Film LLC rookieOpenNY$12K$1.3MApr 23
171GreenLight Metals Inc.OpenIntl$11K$11KApr 24
172Gaingels Cleo LLC rookieOpenVT$11K$11KApr 22
173Finex Metals Ltd.OpenIntl$4K$4KApr 23
174KATALISCOIN CRYPTO GROUP Ltd rookieOpenCO$1KindefiniteApr 25