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 44, 2025 (Oct 27 – Nov 2)

230 companies reported $3.06B in new private raises on Form D in Week 44, 2025 (Oct 27 – Nov 2). The biggest was Sharps Technology Inc., $411M in the Bio & Health League from New York. Brera Holdings PLC ($300M) and Whatnot Inc. ($225M) rounded out the top three. The Tech League led all leagues with $920M across 58 raises. New York topped the state standings with $757M. That is down 13% versus the week before ($3.52B). 162 of the 230 were first-time Form D filers, led by Ontic Technologies, Inc. ($196M). In the Fund League, 223 funds reported $10.59B.

Top 25

#CompanyLeagueStateRaisedRaisingFiled
1Sharps Technology Inc.Bio & HealthNY$411M$1BOct 31
2Brera Holdings PLCOpenIntl$300M$300MOct 30
3Whatnot Inc.TechCA$225M$225MOct 28
4Ontic Technologies, Inc. rookieTechTX$196M$231MOct 27
5Veradermics, IncBio & HealthCT$135M$150MOct 28
6Electra Therapeutics, Inc. rookieBio & HealthCA$134M$184MOct 30
7Kalshi Inc.TechNY$125M$125MOct 30
8Perfumeo CorpTechCA$105M$105MOct 28
9Collective 168, LLC rookieReal EstateUT$74M$74MOct 30
10Ludvik Electric Co rookieEnergyCO$60M$60MOct 31
11Modal Labs, Inc. rookieTechNY$59.7M$94.4MOct 29
12MCA Realty Industrial Growth Fund II, L.P. rookieReal EstateCA$59.6M$100MOct 29
13Alto Neuroscience, Inc.Bio & HealthCA$50M$50MOct 27
14VentureMed Group, Inc.Bio & HealthMN$49.2M$49.2MOct 31
15SGP2 LLC rookieOpenNY$46M$70MOct 29
16Citizens Bancsahres of Batesville, Inc.FinanceAR$45M$45MOct 29
17160 Freelon Housing Partners, L.P. rookieReal EstateCA$44.6M$44.6MOct 29
18Ga Drilling Holding, Co.EnergyDE$38.1M$46.3MOct 31
19EarthOptics, Inc.TechMN$38.1M$51.3MOct 28
20KB Kingsville, DST rookieReal EstateNV$36.8M$47.5MOct 29
21Amwins Holding Company, LLCFinanceNC$35.3M$35.3MOct 27
2280 Acres Urban Agriculture, Inc.Main StreetOH$28.4M$28.4MOct 31
23Kiln Growth Facility 3.0, LLC rookieOpenUT$28.1M$28.6MOct 28
24Thread Bancorp, Inc.FinanceTN$27.6MindefiniteOct 28
25Task Genie Inc. rookieTechNY$25.9M$29.7MOct 30

By league

LeagueRaisedRaises
Tech$920M58
Bio & Health$830M13
Open$518M60
Real Estate$438M54
Finance$138M14
Energy$109M11
Main Street$102M20

By state

StateRaisedRaises
New York$757M27
California$711M30
International$317M14
Texas$231M18
Connecticut$139M3
Utah$132M11
Minnesota$92.8M7
Colorado$90.1M8
North Carolina$73.9M11
Massachusetts$66.4M8
Delaware$58.8M9
Arkansas$45.1M2
Nevada$39.3M5
Tennessee$37.6M2
Illinois$36.9M6

Rookies

First Form D ever filed.

#CompanyLeagueStateRaisedRaisingFiled
1Ontic Technologies, Inc. rookieTechTX$196M$231MOct 27
2Electra Therapeutics, Inc. rookieBio & HealthCA$134M$184MOct 30
3Collective 168, LLC rookieReal EstateUT$74M$74MOct 30
4Ludvik Electric Co rookieEnergyCO$60M$60MOct 31
5Modal Labs, Inc. rookieTechNY$59.7M$94.4MOct 29
6MCA Realty Industrial Growth Fund II, L.P. rookieReal EstateCA$59.6M$100MOct 29
7SGP2 LLC rookieOpenNY$46M$70MOct 29
8160 Freelon Housing Partners, L.P. rookieReal EstateCA$44.6M$44.6MOct 29
9KB Kingsville, DST rookieReal EstateNV$36.8M$47.5MOct 29
10Kiln Growth Facility 3.0, LLC rookieOpenUT$28.1M$28.6MOct 28

Fund League

$10.59B across 223 funds.

#CompanyStateRaisedRaisingFiled
1OA GP Fund, L.P. rookieMI$3.43B$3.43BOct 30
2MCP Energy SMA LP rookieTX$2B$2BOct 29
3Sterling Investment Partners XK Opportunities Fund, L.P. rookieCT$881M$881MOct 31
4Sterling Investment Partners XK Opportunities Fund-A, L.P. rookieCT$881M$881MOct 31
5Polaris Growth Fund III, L.P. rookieMA$439M$439MOct 31
6AIM Investors LP rookieNY$428MindefiniteOct 30
7West Street Mezzanine Co-Investment Partners (C), L.P. rookieNY$401MindefiniteOct 31
8Harbert Power Fund VII, LP rookieAL$219MindefiniteOct 30
9Ares Apogee 2025 Finance Co. L.P. rookieCA$200M$200MOct 31
10A. Capital Partners V, L.P. rookieCA$180M$180MOct 29
All 230 raises this week
#CompanyLeagueStateRaisedRaisingFiled
26Foothill Family Preservation LP rookieReal EstateCA$25.1M$25.1MOct 27
27FloxDev, Inc.OpenNY$24.9M$25MOct 27
28Westbrook Investor LLC rookieReal EstateMA$19.9M$21.6MOct 29
29Adagio Medical Holdings, Inc. rookieBio & HealthCA$19M$49.8MOct 29
30Flamingo Marine Inc.Main StreetWI$18.8M$21.2MOct 27
31JAB Real Estate Opportunity Fund IX, LP rookieReal EstateIL$15.4M$100MOct 29
32Tango Therapeutics, Inc.Bio & HealthMA$15M$15MOct 28
33Avenue at Harbison NR, LLC rookieReal EstateUT$14.8M$15.1MOct 31
34Tpc/bac Nantasket Manager LLC rookieReal EstateMA$14.1M$14.1MOct 29
35Island Hedley Parent LLC rookieMain StreetNY$13.8M$13.8MOct 29
36Superlogic Technologies, Inc. rookieTechFL$13.7M$13.7MOct 30
37S4 Sports & Entertainment, Inc.OpenNY$13.5M$15MOct 29
38Swarmer, Inc rookieTechTX$12.4M$19.7MOct 31
39TestBox, Inc. rookieTechCO$11.4M$11.4MOct 28
40All Pro Boulevard LLLP rookieReal EstateCO$11.1M$11.1MOct 29
41ML 94 Apartments Sidecar, LLC rookieReal EstateIL$10.7M$10.7MOct 31
42Oppenheim Unchained LP rookieOpenUT$10.5M$10.5MOct 27
43Decatur Bancshares, Inc.FinanceTN$10M$10MOct 27
44F&m Bank CorpFinanceVA$10M$10MOct 31
45VisCardia, Inc.TechOR$9.5M$39.5MOct 28
46NxLite Technologies Inc. rookieMain StreetMI$9.5M$9.5MOct 27
47JVM Sponsor Fund I, LP rookieReal EstateIL$9.3M$35MOct 28
48Concord Wayne Hotel LLC rookieMain StreetNC$9.1M$9.8MOct 28
49Throne Labs, Inc.OpenMD$8.9M$15MOct 29
50Alinia AI, Inc.TechDE$8.9M$9.9MOct 31
51TestSprite Inc. rookieTechWA$8.1M$8.1MOct 29
52Luminos Inc.TechDC$7.8M$8.1MOct 29
53LRE Monroe Aberdeen JV LLC rookieReal EstateNY$7.7M$15MOct 30
54Dazzle AI Inc. rookieTechCA$7.5M$8.8MOct 30
55Beacon Gd Investment LLC rookieReal EstateNC$7.5MindefiniteOct 27
56Miach Orthopaedics Inc.Bio & HealthMA$7.5M$15MOct 31
57River District EB-5 Fund, LLC rookieFinanceFL$7.3M$50.4MOct 29
58Edjy LLCTechID$7.1M$8.1MOct 28
59HMBP-BCP III Investment LLC rookieReal EstateNC$6.8MindefiniteOct 27
60Kiwi Campus IncOpenCA$6.8M$6.8MOct 30
61Syntracts Inc. rookieTechDC$6.7M$8MOct 28
62Extellis Inc rookieTechNC$6.4M$10MOct 27
63FarmTogether Landmark Grove, LLC rookieReal EstateDE$6.4M$6.4MOct 30
64Axcap Ventures Inc.OpenIntl$5.8M$5.8MOct 30
65Apex University Holdings LLC rookieReal EstateWI$5.4M$9MOct 29
66Echelon County Line Partners, LLC rookieReal EstateIN$5.3M$8.6MOct 30
67Tender Food, Inc.OpenMA$5.3M$6.5MOct 29
68Flcc North, LLC rookieOpenFL$5.2M$5.2MOct 31
69Falcon Copper Corp.OpenMT$5.1M$5.1MOct 31
70Bach App, Inc.TechPA$5M$5MOct 29
7145 Park Funding L.P. rookieReal EstateNY$5M$5MOct 28
72Wildcat Discovery Technologies, Inc.OpenCA$4.9M$11.4MOct 28
73MAAC Seniors on Broadway LP rookieReal EstateCA$4.8M$4.8MOct 30
74Hmbp-bcp III LLC rookieReal EstateNC$4.6MindefiniteOct 27
75n0, Inc.TechNY$4.3M$4.3MOct 30
76Alyrica Networks, Inc. rookieTechOR$4.3M$4.3MOct 30
77Longhorn Ph3 LBC LLC rookieReal EstateTX$4.3M$4.3MOct 30
78Examen, Inc. /DEOpenCA$3.9MindefiniteOct 30
79VWP ReDiscover Co-Investment, LLC rookieReal EstateAZ$3.9M$5MOct 29
80AURA Network Systems, Inc.TechVA$3.8M$3.8MOct 30
81Current Software Applications, Inc. rookieTechCA$3.8M$3.8MOct 27
82Legal Decoder, Inc.TechVA$3.8M$3.8MOct 29
83Baraka Healthcare & Ventures Fund, LP rookieMain StreetNY$3.7MindefiniteOct 29
84Buxtonhotel, LLC rookieMain StreetCO$3.7M$7.7MOct 30
851137 Johnnie Dodds LLC rookieReal EstateSC$3.7MindefiniteOct 31
86Pahokee Fl Property, LLC rookieReal EstateCA$3.6M$3.6MOct 27
87Bubble Robotics, Inc. rookieOpenDE$3.5M$3.5MOct 27
88Rivery Energy Fund I, L.P. rookieEnergyTX$3.4M$4.6MOct 29
89Ajc Rochester R&d Holding LLC rookieReal EstateMI$3.3M$3.3MOct 31
90Chameleonic Family Holdings rookieOpenFL$3.3M$3.3MOct 31
91Revolution Orthopedics, LLC rookieBio & HealthMA$3.1M$3.1MOct 28
92Chirality Biosciences, Inc. rookieOpenNY$3.1M$4.1MOct 29
93Alume Biosciences IncBio & HealthCA$3.1M$23.5MOct 31
94LODAS Markets, Inc.TechKS$3M$8MOct 27
95Enigma Broadway Ltd Liability Co rookieOpenNY$3M$7.5MOct 31
96Northern Smilodon Energy Inc.EnergyIntl$2.8M$7.6MOct 27
97Dolly Varden Silver CorpOpenIntl$2.8M$2.8MOct 29
98TSL Investors X LLC rookieOpenOR$2.7MindefiniteOct 31
99BITE DATA Corp rookieOpenVA$2.5M$2.5MOct 30
100CommonPoint, Inc. rookieOpenCT$2.5M$3MOct 27
101BVCAP Belton Investors LLC rookieReal EstateTX$2.4M$12.2MOct 31
102MEXT CorpTechCA$2.4M$4MOct 29
103Grey Mill Investors LLC rookieReal EstateVA$2.4M$2.4MOct 28
104Rali Solutions, LLCTechGA$2.4M$2.5MOct 28
105OG4 Limited Partnership rookieEnergyTX$2.4M$10MOct 31
106White Gold Corp. rookieOpenIntl$2.3M$4MOct 31
107MIMG CCLV Quarry, LLC rookieReal EstateCO$2.2M$3.1MOct 29
108Lodges of Prospect WD LLC rookieReal EstateKY$2.2M$2.2MOct 27
10920 Washington Member LLC rookieReal EstateMN$2.2M$5.3MOct 31
110Storage Units Ground Lease North Myrtle Beach, LLC rookieReal EstateFL$2.1M$2.1MOct 28
111FunDay Surf, Inc. rookieMain StreetCA$2.1M$2.1MOct 29
112OnePointTwo Capital Ventures II LLC rookieOpenNY$2MindefiniteOct 30
113Welara Capital Partners LLC Series 5 rookieOpenNY$2M$2MOct 29
114Kaylee Developmental LLC rookieOpenNY$2M$2MOct 27
115Bison Ridge Investors LLC rookieMain StreetMN$1.9M$3.3MOct 31
1165 Glen Road CT LLC rookieOpenCT$1.9MindefiniteOct 28
117Schrock Holdings, LLC rookieMain StreetNY$1.8M$1.8MOct 29
118Blue Peak Lev Apartments, LLC rookieReal EstateNV$1.8M$7.5MOct 29
119Steady State LLCMain StreetNC$1.8M$1.8MOct 31
120New Pacific Metals CorpOpenIntl$1.7M$28.8MOct 31
121Asure Software IncMain StreetTX$1.7M$1.7MOct 30
122POPOLOGY Global Corp. rookieTechNJ$1.6M$50MOct 29
123Warrior Technologies, LLCEnergyTX$1.6M$10MOct 30
124AcceleraME, Inc rookieBio & HealthME$1.6M$1.6MOct 29
125Global Village Fruit, Inc.OpenCO$1.5M$7MOct 30
126Singing Pastures, Inc. rookieMain StreetME$1.5M$2MOct 29
127Barcade Holdings LLC rookieMain StreetNJ$1.4M$1.4MOct 29
128Veterinary Care Logistics, Inc.TechWA$1.4M$2MOct 30
129Noetic Ventures, LP rookieFinanceDE$1.3M$1.3MOct 29
130MCP Rio Rancho Investors, LLC rookieReal EstateTX$1.3M$1.3MOct 29
131Craigmont Multifamily Fund 2, LLC rookieReal EstateTX$1.2M$75MOct 31
132NLG Fund 1 LLC rookieReal EstateNC$1.2M$1.3MOct 30
1334th Street McAllen TX LLCReal EstateWY$1.2M$1.2MOct 27
134Oakland Affordable, LLC rookieReal EstateCA$1.2M$1.3MOct 31
135TL JAX Orange Park IRF Partners LLC rookieReal EstateTX$1.1M$3.7MOct 27
136AUA Midvale Townhomes, LLC rookieOpenUT$1.1M$5MOct 27
137ARMR Systems, Inc. rookieBio & HealthMD$1.1M$1.6MOct 31
138Cosmos Fund LLCOpenFL$1.1M$2MOct 31
139Additive Monitoring, Inc. rookieMain StreetIL$1M$2.5MOct 30
140DoctorNow, Inc.TechWA$1M$1.3MOct 27
141Arrive Holdings, LLC rookieMain StreetFL$1M$2.5MOct 30
142Driftwood Shores LLC rookieReal EstateUT$900K$1.1MOct 31
143High Sierra S9 LLC rookieOpenNC$845KindefiniteOct 31
144Ponder Small Bay Industrial 101 DST rookieReal EstateCA$811K$18.7MOct 31
145Activ Technologies, Inc.TechGA$810K$1MOct 29
146Flow Environmental Systems, Inc.Main StreetMN$800K$2MOct 31
147GSH NHW Investors LLC rookieReal EstateMI$800K$850KOct 29
148Willow Springs Raceway Club LLC rookieReal EstateMA$800K$200MOct 31
149Infinadeck Corp rookieTechCA$775K$1.5MOct 29
1501802V - QS a series of 1802V Master LLC rookieOpenTX$761KindefiniteOct 29
151Etiq Inc. rookieOpenNY$750KindefiniteOct 27
152Southeast Swim School-Capital Funding, LLC rookieOpenGA$750K$7MOct 28
153TFC Zaragoza KC LLC rookieReal EstateUT$750K$750KOct 30
154Gaingels PH7 LLC rookieOpenVT$718K$718KOct 29
155Aztec Minerals Corp.OpenIntl$664K$7.1MOct 28
156Agriculture Scout AI, Inc.TechCA$644K$2.5MOct 27
157OnePointTwo Capital Core Chain Income Fund LLCOpenNY$630KindefiniteOct 30
158Pellegrino Investments LLC rookieReal EstateFL$625K$650KOct 30
15938 Railroad LLC rookieReal EstateMA$600K$5MOct 30
160Moberg Analytics Inc rookieBio & HealthPA$600K$2MOct 29
161Overlook at Teton Springs LLC rookieReal EstateUT$600K$600KOct 31
162Stargate QP I, a series of Wefunds LLC rookieOpenNV$599K$599KOct 31
1631802V - VOY, a series of 1802V Master LLC rookieOpenTX$559KindefiniteOct 28
164Gaingels Kargo OCT 2025 LLC rookieOpenVT$526K$526KOct 27
165Electric Avenue Software, Inc.TechCA$524K$801KOct 27
166Mindset Integrated Co rookieTechNM$500K$500KOct 27
167OnePointTwo Capital Ventures LLC rookieOpenNY$500K$500KOct 30
168Orbion Space Technology, Inc.TechMI$500K$3MOct 29
169Selectfi, Inc.TechNY$500K$2MOct 31
170Valliscor, LLC rookieTechOR$500K$5MOct 31
171Border Bancshares, Inc.FinanceMN$500K$750KOct 29
172Tfc Idfc LLC rookieReal EstateUT$485K$485KOct 28
173Scale Social AI, a series of Jason's Syndicate, LLC rookieOpenUT$477K$477KOct 28
174CCP Energy Fund III, LLC rookieEnergyMI$475K$5MOct 29
175Gaingels Formic Technologies 2025 LLC rookieOpenVT$470K$470KOct 27
176Studio Pod Pro, Inc. rookieTechTX$450K$1MOct 30
177Lumen Woods Holdings, LLC rookieReal EstateMO$425K$26MOct 29
178Bracketology.tv, Inc. rookieTechIL$388K$400KOct 27
179Appsfreedom IncTechAZ$380K$380KOct 29
180TFC Belle Creek LLC rookieReal EstateUT$375K$375KOct 27
181110 Yards Limited Partnership rookieOpenIntl$358K$358KOct 30
182Vesteck, Inc.TechCA$354K$500KOct 30
183One Turtle Creek LPReal EstateTX$350K$3.5MOct 28
184PulManage, Inc. rookieTechDE$350K$500KOct 29
185Sustaino LLC rookieReal EstateNC$350K$2.1MOct 30
186Ultrassure Inc. rookieTechIntl$333K$500KOct 27
187Dearie Development, LLC rookieOpenNY$325K$2MOct 28
188Velmora Global Opportunities LP rookieFinanceCA$230KindefiniteOct 29
189REI Energy Drilling & Income Fund IX, L.P. rookieEnergyTX$225K$5MOct 27
190JWCM Vivian, DST rookieReal EstateNY$222K$46.2MOct 28
191Advanced Movement Insights, Inc. rookieOpenAZ$200K$2MOct 28
192Experitas Inc. rookieTechOR$200KindefiniteOct 28
193Idaka Golf Inc. rookieOpenPA$200K$200KOct 27
194Springdale 5 RE LLC rookieReal EstateNY$200KindefiniteOct 31
195Diadem, a series of Massive Scale Ventures II, LLC rookieFinanceDE$181K$182KOct 29
196Stargate I, a series of Wefunds LLC rookieOpenNV$175K$175KOct 31
197Oblegoner 2 Development LP rookieEnergyKY$168K$230KOct 27
198Lion One Metals Ltd.OpenIntl$156KindefiniteOct 31
199Wildcat Energy Fund I, LLC rookieEnergyKS$150K$5MOct 30
200finseeka, Inc. rookieTechVT$150K$1MOct 31
201Series 65-1, a series of StartEngine Private LLC rookieOpenCA$134K$1.2MOct 30
202Face Split Open Ltd Liability Co rookieOpenNY$125K$1.8MOct 31
203Locunity Inc rookieMain StreetCA$125KindefiniteOct 28
204OncoRock Therapeutics Inc. rookieOpenAR$125K$500KOct 29
205Wheelhouse Digital Studios III LLC rookieOpenMN$125K$10MOct 27
206FingerMotion, Inc.TechIntl$100K$100KOct 31
207Bracketology.tv, Inc. rookieTechIL$100K$250KOct 27
208CCP Energy Fund II, LLC rookieEnergyMI$100K$5MOct 29
209Co-Owner Fund LP rookieOpenTX$100KindefiniteOct 29
210Everest ALT LLC rookieOpenFL$100K$100KOct 30
211NovumX Ltd rookieFinanceCO$100KindefiniteOct 30
212Toast Wear Inc. rookieTechOR$100K$750KOct 30
213Agiloop, Inc. rookieTechCO$85K$500KOct 29
214Affix Advisory LLC rookieTechNJ$80K$80KOct 27
215URZ3 Energy Corp.OpenIntl$65K$352KOct 29
216Shiny Labs Inc. rookieMain StreetDE$64K$100KOct 29
217Bird River Resources Inc.OpenIntl$60K$60KOct 28
218Aynak, Inc. rookieTechCA$50K$3MOct 27
219Pixality Inc. rookieTechWA$50K$50KOct 27
220McAllister Enterprises, Inc. rookieOpenTX$40K$150KOct 29
221New Reality Fund LLC rookieFinanceNC$40K$1.4MOct 29
222Forgetmenaut, Inc. rookieTechGA$30K$250KOct 31
223Cypher Box LLC rookieTechDE$27K$27KOct 30
2242ClickFit, Inc. rookieTechNJ$27KindefiniteOct 29
225Madeline &, Co. rookieTechNY$25K$150KOct 27
226Pinto Inc. rookieTechCA$20K$1MOct 27
227Sky Gold Corp.OpenIntl$14K$14KOct 30
228Hw Capital LLC rookieFinanceNV$12K$100KOct 27
229Foss Virginia Housing Fund I, LLC rookieFinanceCA$5KindefiniteOct 29
230Signature Holdings Corp rookieMain StreetFL$1K$1KOct 30