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 9, 2026 (Feb 23 – Mar 1)

192 companies reported $1.36B in new private raises on Form D in Week 9, 2026 (Feb 23 – Mar 1). The biggest was Flapping Airplanes, Inc., $180M in the Tech League from California. Usee On Ltd. ($100M) and Altesa BioSciences, Inc. ($75M) rounded out the top three. The Tech League led all leagues with $479M across 53 raises. California topped the state standings with $347M. That is down 46% versus the week before ($2.54B). 126 of the 192 were first-time Form D filers, led by Flapping Airplanes, Inc. ($180M). In the Fund League, 310 funds reported $6.81B.

Top 25

#CompanyLeagueStateRaisedRaisingFiled
1Flapping Airplanes, Inc. rookieTechCA$180M$180MFeb 23
2Usee On Ltd. rookieFinanceCO$100MindefiniteFeb 27
3Altesa BioSciences, Inc.Bio & HealthGA$75M$75MFeb 23
4BC Wood Real Estate Fund IV, L.P. rookieReal EstateKY$61.1M$200MFeb 25
5Deeptune, Inc. rookieTechNY$42.2M$42.2MFeb 23
6Tectonic Financial, Inc.FinanceTX$40M$40MFeb 25
7Machina Labs, Inc.TechCA$38.9M$52.6MFeb 25
8Chariot Defense, Inc. rookieTechCA$33.2M$34.6MFeb 25
9Lakeview Multifamily, LLC rookieReal EstateNC$32.3M$32.3MFeb 23
10Sensera Systems, Inc. rookieTechCO$27M$27MFeb 26
11Big River Real Estate Fund V, LLC rookieReal EstateMN$25M$25MFeb 23
12Lonestar Medicines, Inc. rookieBio & HealthMA$25M$45MFeb 23
13Nwa Office Holdings, LLC rookieReal EstateAR$24.1M$24.1MFeb 25
14Broccoli Intelligence, Inc. rookieTechCA$23.7M$26.6MFeb 24
15Atlas Oncology Holdings Inc. rookieOpenTN$23M$23MFeb 25
16Lynnwood Redstone Equities LLC rookieReal EstateOR$20.1M$20.1MFeb 26
17Ampera, Inc. rookieEnergyFL$20MindefiniteFeb 27
18Maiaedge, Inc. rookieTechMA$20M$20MFeb 23
19NSD Baton Rouge Investors, LLC rookieReal EstateFL$19.5M$22MFeb 26
201911 Saddlebrook LLC rookieReal EstateNY$18.2M$18.2MFeb 26
21MeltPlan, Inc. rookieTechCA$17.4M$17.5MFeb 27
22Nasus Pharma Ltd rookieBio & HealthIntl$15M$15MFeb 25
23CCP 575 Investment Accelerator, LLC rookieOpenNY$15MindefiniteFeb 25
24TetraScience, Inc.OpenMA$15M$15MFeb 27
25ALEMIF V Feeder V LP rookieReal EstateFL$14.6MindefiniteFeb 26

By league

LeagueRaisedRaises
Tech$479M53
Real Estate$317M42
Bio & Health$197M23
Open$161M46
Finance$156M11
Energy$35.4M4
Main Street$14.3M13

By state

StateRaisedRaises
California$347M26
Colorado$135M8
Florida$114M14
New York$113M14
Texas$92.7M12
Georgia$78.4M4
Massachusetts$73.8M11
Kentucky$61.6M2
Connecticut$40.1M8
International$38.1M11
Minnesota$32.9M2
North Carolina$32.9M2
Arkansas$27.7M3
Tennessee$27M3
Oregon$20.1M1

Rookies

First Form D ever filed.

#CompanyLeagueStateRaisedRaisingFiled
1Flapping Airplanes, Inc. rookieTechCA$180M$180MFeb 23
2Usee On Ltd. rookieFinanceCO$100MindefiniteFeb 27
3BC Wood Real Estate Fund IV, L.P. rookieReal EstateKY$61.1M$200MFeb 25
4Deeptune, Inc. rookieTechNY$42.2M$42.2MFeb 23
5Chariot Defense, Inc. rookieTechCA$33.2M$34.6MFeb 25
6Lakeview Multifamily, LLC rookieReal EstateNC$32.3M$32.3MFeb 23
7Sensera Systems, Inc. rookieTechCO$27M$27MFeb 26
8Big River Real Estate Fund V, LLC rookieReal EstateMN$25M$25MFeb 23
9Lonestar Medicines, Inc. rookieBio & HealthMA$25M$45MFeb 23
10Nwa Office Holdings, LLC rookieReal EstateAR$24.1M$24.1MFeb 25

Fund League

$6.81B across 310 funds.

#CompanyStateRaisedRaisingFiled
1Crimson Point, L.P. rookieCT$1.24BindefiniteFeb 24
2Valor Upstream Credit Partners II, L.P. rookieNY$1.01BindefiniteFeb 23
3LSF XII U.S. Holdings II, L.P. rookieIntl$512MindefiniteFeb 25
4Stoneshield Opportunity Fund IV rookieIntl$430M$1.18BFeb 26
5Blue Owl GP Stakes Strategic Opportunities Feeder Fund LP rookieNY$300MindefiniteFeb 27
62026 Vdc LP rookieNY$270MindefiniteFeb 27
7Canyon US Real Estate Debt Fund IV L.P. rookieTX$200MindefiniteFeb 23
8TIFF Direct Private Equity V, L.P. rookiePA$181MindefiniteFeb 24
9GCM Diversified Private Equity Investments, L.P. rookieIL$150MindefiniteFeb 27
10Entrepreneurs First Capital Ltd rookieIntl$133M$179MFeb 26
All 192 raises this week
#CompanyLeagueStateRaisedRaisingFiled
26Quarry Heme, Inc rookieBio & HealthCT$13.5M$13.5MFeb 25
27CoRegen, Inc.Bio & HealthTX$13.5M$13.5MFeb 26
28Arrived Short Term Notes, LLCOpenWA$12.7M$100MFeb 24
29TrustWise Inc rookieTechTX$12.1M$13.1MFeb 27
30RenX Enterprises Corp.OpenFL$12.1M$12.1MFeb 25
31Medical Exercise Inc.Bio & HealthFL$11.1MindefiniteFeb 27
32Rua Gold Inc.OpenIntl$10.1M$10.1MFeb 23
33FC Silver View Farm JV, LLC rookieReal EstateFL$10.1M$31.6MFeb 26
34Astra Inc.TechCA$10M$15MFeb 24
35Definition Opportunity IA LLCOpenNY$10M$10MFeb 26
36Libertystream Infrastructure Partners Inc.EnergyTX$9.1M$9.1MFeb 23
372320 Conway Investor, LLc rookieReal EstateCT$8.4M$11.1MFeb 25
38Golden Rochester LLC rookieReal EstateMA$8.2M$8.2MFeb 27
39Pathfinder San Carlos Holdings, LLC rookieReal EstateCA$8.1MindefiniteFeb 24
40Onyx Bio, Inc.TechCA$8M$8MFeb 26
41Emergent Holdings, LLC rookieMain StreetFL$8M$8MFeb 26
42Maxwell Labs Inc.TechMN$7.9M$10.7MFeb 27
43716 Sports Complex LLC rookieOpenNY$7.4M$17.8MFeb 27
44Spektrum Labs, Inc. rookieTechIN$7.2M$7.2MFeb 24
45CancerNavigator, Inc. rookieBio & HealthDC$7M$7MFeb 24
46Burleson Small Bay Industrial 112 DST rookieReal EstateCA$6.8M$7.2MFeb 27
47Arrived Opportunistic Credit Fund, LLC rookieOpenWA$6.6M$200MFeb 24
48Grove Creek Investments LLC rookieReal EstateNY$6.2M$9MFeb 26
49Chelsea Piers Connecticut LLCOpenCT$6.1M$6.1MFeb 23
50Nanoviricides, Inc.Bio & HealthCT$6M$6MFeb 25
51Odyssey Apts, LLC rookieReal EstatePA$6M$6MFeb 25
52Quanta Holdings, Inc. rookieOpenIL$6M$12MFeb 25
53RCP Uptown Residential, LLC rookieReal EstateTX$5.7M$5.7MFeb 23
54Cummings Place Owner LLC rookieReal EstateAZ$5.4M$5.4MFeb 23
55Aveera Medical Inc.TechCA$5.4M$5.4MFeb 26
56Malama Health, Inc. rookieBio & HealthCA$5.3M$5.3MFeb 26
57Creto IRRX PIPE Investment, LLC rookieOpenFL$5.3M$5.3MFeb 26
58Curio Wellness CorpBio & HealthMD$5.3M$30MFeb 25
59LXMI Las Colinas Holdings, LLC rookieReal EstateTX$5.1M$5.1MFeb 26
60CASI Pharmaceuticals, Inc.Bio & HealthIntl$5M$5MFeb 26
61LainaHealth Inc.Bio & HealthOH$5M$6MFeb 26
62Shamrock Bancshares Inc rookieFinanceOK$5M$5MFeb 24
63Linnaeus Therapeutics, Inc.Bio & HealthNJ$4.5M$10MFeb 27
64Nashville UPSHOT LLC rookieOpenFL$4.4M$8.5MFeb 27
65Qumis Inc.TechIL$4.3M$4.3MFeb 24
66Washington Avenue Commerce Center LLC rookieReal EstateME$4.2M$4.4MFeb 27
67Cove Grove LLC rookieReal EstateTN$4M$4MFeb 23
68Asymmetria Investors III, LLC - Provider II (PS) rookieFinanceIA$4M$5MFeb 24
69Oceanic Iron Ore CorpEnergyIntl$3.7M$7.6MFeb 24
70Variabl, Inc.TechFL$3.6M$3.6MFeb 23
71cliexa, Inc.TechCO$3.3M$3.3MFeb 26
72PostProcess Technologies, Inc.TechNY$3.1M$3.7MFeb 26
73FLI Frederick, LLC rookieOpenSC$3M$3MFeb 24
74Luxonis Holding CorpOpenCO$2.8M$2.8MFeb 23
75Eqp 137GROWTH A Series Of Eqp Master I LLC rookieOpenTX$2.8MindefiniteFeb 25
76Marvix AI, Inc. rookieTechMA$2.8M$2.8MFeb 27
77Iron Sheepdog Holdings, Inc.TechVA$2.7M$2.7MFeb 23
78Signal Lift, Inc. rookieTechCT$2.7M$2.7MFeb 25
79Fusion Fuel Green PLCEnergyIntl$2.6M$2.6MFeb 26
80Folio Photonics Inc.TechOH$2.6M$2.8MFeb 25
81One Dosh Inc. rookieTechNY$2.4M$3MFeb 27
82200 Irving Hill LLC rookieReal EstateNY$2.2M$2.2MFeb 26
83Caliza Financial Technologies, Inc.TechFL$2.2M$2.2MFeb 27
84Mid-Western Waste Holdings, LLC rookieOpenAR$2.2M$2.2MFeb 24
85Quarry DAC, Inc rookieBio & HealthCT$2.1M$2.1MFeb 25
86Forms Logic Inc. rookieTechIL$2M$2MFeb 24
87Project Zero LLC rookieReal EstateCA$2M$2MFeb 26
88MasteryPrep Holdings, Inc.OpenNY$2M$3.2MFeb 27
89Nant Global Finance Inc. rookieFinanceNY$1.9M$5MFeb 24
90Halal Finance Inc rookieFinanceFL$1.9M$15MFeb 24
91Merit Holdings, LLC/DE rookieFinanceGA$1.8M$1.8MFeb 27
92Bizly, Inc.TechCA$1.8M$1.8MFeb 26
93PSV Fitness, LLC rookieOpenCA$1.8M$3.8MFeb 26
94Simply Southern Properties XII LLC rookieReal EstateSC$1.7M$1.7MFeb 24
95Scg Vin, LLC rookieReal EstateUT$1.7M$1.7MFeb 25
96Scythe Gateway LLC rookieOpenOH$1.7M$1.7MFeb 24
97Streamline Investment Group IV, LLC rookieReal EstateAZ$1.6M$1.6MFeb 25
98Krupalu EB-5 Fund, LP rookieReal EstateTX$1.6M$4MFeb 27
9979 Fulton LLC rookieReal EstateOH$1.6M$1.7MFeb 24
100Scythe Monroe LLC rookieOpenOH$1.5M$1.5MFeb 24
101Filter Labs, Inc.TechDC$1.5M$3MFeb 25
102Katalyst Space Holdings, Inc.TechAZ$1.5MindefiniteFeb 25
103Scalable Grand Investments, LLC rookieReal EstateGA$1.5M$1.5MFeb 23
10460 North LLC rookieReal EstateOH$1.4M$1.8MFeb 24
105James & James Group, Inc. rookieMain StreetAR$1.4M$4MFeb 26
106North Chestnut Hill LLC rookieReal EstateNY$1.4M$1.4MFeb 26
107TiGR, LLC rookieOpenDE$1.2M$3.5MFeb 26
108Ceramic Orthopedics Inc. rookieBio & HealthMI$1.2M$2MFeb 25
109Care Eleven Performance Holdings, LLCBio & HealthLA$1.2MindefiniteFeb 24
110RIVR Health AI, Inc. rookieTechDE$1.2M$10MFeb 25
111VitaNav Inc.OpenMD$1.2M$3MFeb 25
112Lakeview Property Holding LLC rookieReal EstateFL$1.2M$1.2MFeb 27
113Prostar Holdings Inc. /bcTechCO$1.1M$1.1MFeb 23
114Sadot Group Inc.OpenTX$1.1M$1.1MFeb 25
115Srd 009 LLC rookieOpenNV$1.1M$1.2MFeb 27
116Brand Engagement Network Inc.TechDE$1M$1.5MFeb 25
117EAG Holdings LPOpenNY$1M$1MFeb 24
118Ambuyat, Inc. rookieTechCA$1M$1MFeb 24
119Duracrin, LLC rookieBio & HealthCT$1M$1MFeb 25
120LMCA, Inc.TechCA$1M$1MFeb 26
121Peak Digital Holdings, LP rookieFinanceTX$1M$1MFeb 23
122Tbbns LLC rookieMain StreetMA$1M$10MFeb 24
123Blackburne & Sons Realty Capital CorpReal EstateCA$960K$960KFeb 23
124Fire Department Coffee, Inc. rookieMain StreetIL$900K$900KFeb 25
125Red Cedar Fund II, LLC rookieReal EstateSC$885K$12MFeb 25
126EB5 Investors LP rookieReal EstateIN$800K$7.2MFeb 27
127Stonebridge Commons, LLC rookieReal EstateMO$800K$1.8MFeb 23
128Copper Giant Resources Corp.OpenIntl$784K$1.4MFeb 26
12924 Charlton, LLC rookieReal EstateMA$755K$755KFeb 25
130Fancypants Baking Co.Main StreetMA$750K$1.5MFeb 26
131Hexproof Inc. rookieTechDE$750KindefiniteFeb 23
132Step Into AI Inc.TechIL$750K$750KFeb 24
133London Sock CoMain StreetIntl$711K$711KFeb 23
134Noonday Holdings, LLC rookieMain StreetTX$700K$3MFeb 23
135White Horse Stable, LLC rookieOpenNC$625K$1.8MFeb 27
136FCP Venture on 16th, LLC rookieReal EstateDE$610K$610KFeb 23
137Invext Anthropic, A Series Of Invext LLC rookieOpenCA$600K$600KFeb 25
138Loyly SPV, LLC rookieOpenUT$550K$2.5MFeb 25
139Toasted., LLCTechWA$540K$615KFeb 23
140Noah's Business Development, LLC rookieReal EstateIN$525K$2.3MFeb 27
141Vl No LLC rookieReal EstateOH$500K$500KFeb 24
142Third Step Capital, LLC rookieFinanceMO$480K$1.5MFeb 26
143Evergreen Capital Fund, LLC rookieReal EstateKY$450K$10MFeb 24
144Brush Creek Assisted Living RE II LLC rookieOpenCA$350K$1.4MFeb 26
145Biomech Holdings, LLCTechVA$345K$3MFeb 27
146Avant Training Inc rookieOpenDE$285KindefiniteFeb 23
147Liqure Inc rookieOpenIL$250K$500KFeb 23
148Operating Room Innovations, Inc.Bio & HealthMA$250K$1.5MFeb 24
149FTW Vickery Lodging Associates, LLC rookieMain StreetWI$225K$9.3MFeb 26
150Pyran, Inc.Main StreetWI$217K$217KFeb 27
151Imageaid, Inc. rookieBio & HealthAZ$200K$1MFeb 27
152Inventure, LLCBio & HealthCT$200K$200KFeb 23
153Star Shuttle LLC rookieFinanceNY$200K$3MFeb 24
154HHN Hospitality, LLC rookieMain StreetCA$180K$250KFeb 27
155Campus Comforts IncMain StreetDE$150K$150KFeb 25
156Duett, LLCTechMS$150K$150KFeb 27
157UpTo Inc./DETechDE$150K$150KFeb 25
158iPosi, Inc.TechCO$150K$1.6MFeb 26
159Rhonda Works, Inc. rookieTechWA$145K$160KFeb 23
160Compass Gold CorpOpenIntl$140K$332KFeb 25
161Rhapsos AI, Inc. rookieTechDE$135K$135KFeb 25
162Koibito Franchise, LLCMain StreetAZ$125K$125KFeb 25
163Online Camps Inc. rookieOpenGA$110K$160KFeb 27
164Gaingels Iris AI LLC rookieOpenVT$105K$105KFeb 23
165Lumina One LLC rookieTechNV$100KindefiniteFeb 24
166Quantelya Capital rookieFinanceCO$100KindefiniteFeb 26
167NeuroMuse Inc. rookieTechCA$90K$250KFeb 23
168Series 78-1, a series of StartEngine Private LLC rookieOpenCA$85K$708KFeb 25
169Ares Strategic Mining Inc.OpenIntl$80K$80KFeb 24
170REACT Software Inc rookieTechSC$75K$250KFeb 25
171Surgery Centers Of Des Moines LtdBio & HealthIA$68K$358KFeb 27
172DAT Audio, Inc. rookieTechWY$50KindefiniteFeb 24
173GeneCapture, Inc.OpenAL$50K$3MFeb 26
174SIBYL Holdings Corp rookieTechFL$50K$1MFeb 23
175Dua Spirits, Inc. rookieOpenNV$45K$1MFeb 23
176Stellar Employees Series EPV VII, LLC rookieReal EstateUT$44K$44KFeb 25
177Marzae, LLCOpenMA$35K$400KFeb 25
1781844 Resources IncOpenIntl$30K$128KFeb 23
179Power Tool Safe, Inc. rookieTechCO$30K$500KFeb 27
180Kanewoolf, LLC rookieOpenMA$22K$300KFeb 24
181Cohabity, Inc. rookieTechCA$20K$150KFeb 26
182Pixlel, Inc. rookieTechPA$18K$500KFeb 23
183Targa Exploration Corp.OpenIntl$15K$44KFeb 24
184Mp Corporate Center Investors, LLC rookieReal EstateUT$14K$14KFeb 23
185InstaCraft Inc.TechWY$13K$13KFeb 23
186Celestial Film, LLC rookieOpenMI$5K$250KFeb 27
187MultiValent Biotherapies, Inc. rookieBio & HealthCA$4K$4KFeb 27
188Fig STEM, Inc. rookieTechTN$3K$250KFeb 25
189Quoruum, Inc. rookieOpenCA$1K$1KFeb 24
190Conexeu Sciences Inc.Bio & HealthNV$467$1.1MFeb 27
191Alchedata AI, Inc rookieTechCA$71$75Feb 25
192JJL Consultancy, Inc. rookieMain StreetTX$10$10Feb 25