Weekly recap

Biggest private raises: Week 34, 2025 (Aug 18–24)

223 companies reported $3.35B in new private raises on Form D in Week 34, 2025 (Aug 18–24). The biggest was Verb Technology Company, Inc., $558M in the Tech League from Nevada. Ramp Business Corp ($514M) and Heritage Distilling Holding Company, Inc. ($224M) rounded out the top three. The Tech League led all leagues with $1.89B across 67 raises. New York topped the state standings with $871M. That is down 47% versus the week before ($6.38B). 142 of the 223 were first-time Form D filers, led by Roaring Fork Energy V, LP ($125M). In the Fund League, 219 funds reported $3.97B.