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 20, 2026 (May 11–17)

257 companies reported $2.68B in new private raises on Form D in Week 20, 2026 (May 11–17). The biggest was Positron AI, Inc., $234M in the Open League from Nevada. Blitzy, Inc. ($189M) and HavocAI Inc. ($187M) rounded out the top three. The Tech League led all leagues with $971M across 66 raises. California topped the state standings with $497M. That is up 7% versus the week before ($2.51B). 156 of the 257 were first-time Form D filers, led by Future Star Wealth Investment Center Ltd. ($100M). In the Fund League, 353 funds reported $16.53B.

Top 25

#CompanyLeagueStateRaisedRaisingFiled
1Positron AI, Inc.OpenNV$234M$234MMay 12
2Blitzy, Inc.TechMA$189M$190MMay 15
3HavocAI Inc.TechMA$187M$187MMay 12
4Future Star Wealth Investment Center Ltd. rookieFinanceCO$100MindefiniteMay 15
5Fxtrad Ltd rookieFinanceNY$100MindefiniteMay 13
6Koinetra Ltd rookieFinanceNY$100MindefiniteMay 13
7iuxp exchange Ltd rookieFinanceCO$100MindefiniteMay 12
8Zum Services, Inc.TechCA$100M$100MMay 11
9Anthem Financial Corp rookieFinanceFL$57M$57MMay 12
10Counterpart Holdings Inc.TechCA$50M$50MMay 15
11Vapi Inc.OpenCA$50M$50MMay 12
12Alpha Design AI, Inc.TechCA$50M$50MMay 11
13Maneva Inc. rookieOpenIntl$38.4M$38.4MMay 13
14Kepler Software, Inc. rookieTechCA$36.2M$36.2MMay 15
15Nova AI Software Inc. rookieTechCA$33.5M$38.4MMay 13
16Config Intelligence Inc. rookieTechCA$33.3M$35.3MMay 12
17Amwins Holding Company, LLCFinanceNC$32.6M$32.6MMay 13
18Lunar Outpost IncTechCO$32.1M$37.1MMay 14
19cosmon, Inc. rookieTechCA$31.2M$31.7MMay 11
20FSB Financial Services, Inc.FinanceIA$30M$30MMay 15
21United Bancshares Inc/oh rookieFinanceOH$30M$30MMay 13
22Veritas Water Royalties, LP rookieOpenTX$30M$30MMay 14
23Veradermics, IncBio & HealthCT$30M$30MMay 15
24Cue Biopharma, Inc.Bio & HealthMA$30M$30MMay 14
25Frontier Community Bancshares, Inc.FinanceTX$29M$29MMay 14

By league

LeagueRaisedRaises
Tech$971M66
Finance$689M31
Open$538M55
Real Estate$206M52
Bio & Health$187M33
Main Street$74.1M18
Energy$10.4M2

By state

StateRaisedRaises
California$497M38
Massachusetts$467M11
New York$317M22
Colorado$242M10
Nevada$241M2
Florida$162M24
Texas$143M25
International$86M20
Puerto Rico$71.7M4
Ohio$60M11
Connecticut$56.6M3
North Carolina$53.5M7
Washington$43.4M6
Iowa$30M1
Minnesota$28.2M4

Rookies

First Form D ever filed.

#CompanyLeagueStateRaisedRaisingFiled
1Future Star Wealth Investment Center Ltd. rookieFinanceCO$100MindefiniteMay 15
2Fxtrad Ltd rookieFinanceNY$100MindefiniteMay 13
3Koinetra Ltd rookieFinanceNY$100MindefiniteMay 13
4iuxp exchange Ltd rookieFinanceCO$100MindefiniteMay 12
5Anthem Financial Corp rookieFinanceFL$57M$57MMay 12
6Maneva Inc. rookieOpenIntl$38.4M$38.4MMay 13
7Kepler Software, Inc. rookieTechCA$36.2M$36.2MMay 15
8Nova AI Software Inc. rookieTechCA$33.5M$38.4MMay 13
9Config Intelligence Inc. rookieTechCA$33.3M$35.3MMay 12
10cosmon, Inc. rookieTechCA$31.2M$31.7MMay 11

Fund League

$16.53B across 353 funds.

#CompanyStateRaisedRaisingFiled
1Water Street Healthcare Partners VI Parallel, L.P. rookieIL$1.92BindefiniteMay 15
2Water Street Healthcare Partners VI, L.P. rookieIL$1.92BindefiniteMay 15
3Seidler Equity Partners IX, L.P. rookieCA$1.60B$1.60BMay 14
4Neuberger Rise Aggregator LP rookieNY$1.19BindefiniteMay 11
5Multi-Asset Strategies - Private Equity Offshore LP rookieNY$926MindefiniteMay 11
6VYC27 Ltd rookieIntl$653MindefiniteMay 15
7Vector Line Capital Fund II, LP rookieWY$550M$1BMay 15
8KKR Insurance Dedicated Fund V Series of the SALI Multi-Series Fund, L.P. rookieTX$485MindefiniteMay 12
9Qualitas Energy Fund VI SCSp rookieIntl$461M$1.91BMay 14
10Man Systematic Global Core Equities (Delaware) LLC rookieNY$460MindefiniteMay 15
All 257 raises this week
#CompanyLeagueStateRaisedRaisingFiled
26GovWell Technologies Inc.TechNY$29M$29MMay 14
27Equal Platform Solutions Inc rookieTechTX$27.9M$28.1MMay 13
28Allyx Therapeutics, Inc.Bio & HealthCT$26.4M$30MMay 11
29CM2 Holdings, LLC rookieMain StreetMN$25.8M$25.8MMay 14
30CircuitHub, Inc.TechMA$25.5M$29.4MMay 13
31Fellowship WL Investors, LLC rookieReal EstateGA$25.2M$25.2MMay 14
32ProximityParks USA Founders Fund LP rookieReal EstateFL$25.1M$120MMay 14
33Foresight Holdings Group, LP rookieOpenNY$25M$30MMay 12
34Alpha Design AI, Inc.TechCA$21M$21MMay 11
35Brook, Inc. rookieTechWA$20M$27MMay 14
36Evolution Metals & Technologies Corp. rookieOpenFL$20M$100MMay 14
37Sportsline Technologies Inc. rookieOpenNY$18.8M$18.8MMay 15
38CytoDyn Inc.Bio & HealthWA$18.6M$18.6MMay 11
39Aurexus Capital Solutions LLC rookieFinancePR$18.2M$18.2MMay 15
40Solvanta Funding 2025-1 LLC rookieFinancePR$18M$18MMay 15
41Summit Ridge 2024 LLC rookieFinancePR$18M$18MMay 15
42Pinnacle Harbor LLC rookieFinancePR$17.5M$17.5MMay 15
43California Naturals, Inc.OpenCA$15M$19MMay 12
44Zero Motorcycles Inc.Main StreetCA$15MindefiniteMay 15
45Pillar Therapeutics, Inc. rookieBio & HealthMA$14M$25MMay 13
46PW4168 SPV LLC rookieMain StreetTX$13.1M$13.1MMay 11
47Kettering Apartments I, LLC rookieReal EstateOH$13M$13.4MMay 13
48Momentum Commercial Management LLC rookieReal EstateOK$12.9M$12.9MMay 14
49E4N Group Holding, Inc. rookieTechNY$12.5M$20MMay 12
50Banyan Gold Corp.OpenIntl$12.3M$12.3MMay 13
51Real American Wrestling, Inc.OpenFL$11.4M$16.5MMay 13
52SCOUT Space Inc.TechVA$10.9M$15.7MMay 11
53Track Group, Inc.TechIL$10.3M$10.3MMay 14
54Athos Therapeutics, Inc.Bio & HealthCA$10.3M$20MMay 15
55Galvanic Fund II, LLLPEnergyOK$10.2M$10.5MMay 12
56Absolute Recomp HoldCo, LLC rookieOpenTX$10M$12MMay 12
57Copper State Credit Union rookieFinanceAZ$10M$10MMay 15
58Ceresti Health, Inc.Bio & HealthCA$10M$10MMay 11
59Zeller Centennial Investors LP rookieReal EstateIL$9.2M$9.2MMay 14
60Fsh Series D Preferred Holdco, LLC rookieReal EstateFL$8.9M$25MMay 13
61PRidge Investors LLC rookieReal EstateNC$8.5M$8.5MMay 15
62Liqid Inc.TechCO$8M$15MMay 14
63Tycho AI Inc.TechMA$8M$8MMay 13
64Kensington Ridge Investors, LLC rookieReal EstateAL$7.4MindefiniteMay 11
65Witan Labs, Inc. rookieTechIntl$7.4M$7.4MMay 11
66POPWTR Co rookieOpenNV$7.3M$16.5MMay 12
67Talent Source Solutions Corp. rookieMain StreetFL$7.3MindefiniteMay 14
68SiteVue AI Inc.TechTN$7M$7MMay 13
69Fluxnium, Inc. rookieOpenCA$7M$7MMay 11
70This Bank Ltd rookieFinanceIntl$6.9M$6.9MMay 14
71JR Hyde Park Blvd LLC rookieReal EstateCA$6.5M$6.5MMay 15
72Fowler Creek Investors, LLC rookieReal EstateOH$6.5M$6.5MMay 11
73RenX Enterprises Corp.OpenFL$6.3M$100MMay 15
74FL Coastal Storage 1 LLC rookieReal EstateNJ$6.3M$6.8MMay 12
75Trellis Bioscience, Inc.Bio & HealthCA$6.1MindefiniteMay 15
76Bayesline, Inc. rookieTechNY$5.8M$6.2MMay 15
77ZRP Avalon Crossing LLC rookieReal EstateSC$5.7M$5.7MMay 15
78Nth Cycle Inc.OpenMA$5.5M$15MMay 12
79Student First, Inc.TechFL$5.2M$5.2MMay 14
80Buildz, LLC rookieMain StreetNC$5M$30MMay 12
81Renao Group Austin, LLC rookieOpenTX$5M$5MMay 11
82Santa Barbara Homes Fund I, LP rookieReal EstateTX$5M$5MMay 13
83Milika, Inc.OpenNY$5M$5MMay 13
84California Compounding Company, Inc. rookieBio & HealthCA$4.9M$14.5MMay 12
85Station Drive Hotel Group LLC rookieReal EstateVA$4.9M$13.7MMay 12
86Bridge Street 11 Hotel Investors, LLC rookieReal EstateNY$4.8M$4.8MMay 14
87Tencarva Holdings I, Inc.OpenNC$4.8M$4.8MMay 15
88Indy Commerce, LP rookieReal EstateFL$4.7M$4.7MMay 14
89Hancock Timberland & Farmland Fund LPReal EstateMA$4.2M$4.2MMay 15
90IMA Financial Group, Inc.FinanceKS$4.1M$4.1MMay 12
91First Guaranty Bancshares, Inc.FinanceLA$4M$4MMay 11
92Drone Volt S.A.TechIntl$3.6M$3.6MMay 14
93Resource Management Service, LLCReal EstateAL$3.5M$3.5MMay 14
94Student First, Inc. rookieTechFL$3.5M$3.5MMay 13
95Ottumwa-iowa Property, LLC rookieReal EstateCA$3.5M$3.5MMay 12
96Solius Labs, Inc.Bio & HealthWA$3.5M$17.9MMay 14
97Hive Health, LLC rookieBio & HealthFL$3.5M$6.5MMay 12
98Momentum Commercial Management LLCReal EstateOK$3.5M$3.5MMay 15
99Greenheart Gold Inc.OpenIntl$3.4M$3.4MMay 15
100NewcelX Ltd.Bio & HealthIntl$3.4M$3.4MMay 13
101Oaklin Lane Partnership LLC rookieFinanceDE$3.2M$3.2MMay 13
102MF Income Fund II LLC rookieReal EstateTX$3.2M$10MMay 11
103CAP8 Fairway LLC rookieReal EstateTX$3.2M$3.2MMay 12
104Another Nine Holdings, Inc. rookieOpenOH$3M$3MMay 12
105Auxilium Health, Inc. rookieBio & HealthOH$3M$4MMay 15
106HeroWear Holdings, Inc.OpenTN$3M$3MMay 15
107Virtuoso Surgical, Inc.Bio & HealthTN$2.9M$10MMay 11
108Tugboat Solutions Inc.OpenND$2.8M$4MMay 15
109Selkirk Copper Mines Inc.OpenIntl$2.6M$2.6MMay 14
110Adelphi Technology, Inc. rookieMain StreetCA$2.6M$2.6MMay 13
111OP Bender LLC rookieReal EstateTX$2.6M$4.3MMay 12
112Lre Savannah Co-invest LLC rookieReal EstateNY$2.6M$5MMay 14
113Xenagos Bio, Inc. rookieBio & HealthPA$2.5M$2.5MMay 15
114Empower Success Holdings Inc.Bio & HealthNY$2.5M$30MMay 12
115iSpecimen Inc.OpenMA$2.5M$2.5MMay 14
116Federated Biologics Inc.Bio & HealthIntl$2.5M$4.4MMay 13
117Meta Critical Minerals Inc.OpenIntl$2.4M$5.9MMay 13
118EtiraRX, Inc.Bio & HealthTX$2.3M$3MMay 14
119Evolve Medicus, Inc. rookieTechTX$2.2M$3MMay 12
120Emt Xi LLCReal EstateKY$2.2M$2.2MMay 14
121Reno City Center Owner, LLC rookieReal EstateNC$2.2M$51.4MMay 15
122cultivate(MD) Capital Focus Fund, L.P. rookieFinanceMI$2.2M$50MMay 14
123Paxos Medical Inc. rookieBio & HealthMN$2.1M$5.1MMay 14
124K Level Labs, Inc. rookieTechNY$2.1M$3.5MMay 11
125315 Meigs Investors, LP rookieReal EstateCA$2M$2.5MMay 14
126HC DHME Member LLC rookieReal EstateTX$2M$2.3MMay 14
127PulsedLogic Inc. rookieBio & HealthCA$2M$5.1MMay 14
128Decision Logic Holdings, LLC rookieFinanceTX$2MindefiniteMay 13
129PYURE Co INC.OpenFL$2M$5MMay 12
130Quantasonix Technologies, Inc. rookieTechIN$1.9M$2MMay 12
131Orchard Aviation Holdings LLC - RS Orchard Aviation Holdings VI rookieFinanceDE$1.9M$1.9MMay 13
132Geni Computers, Inc. rookieTechNY$1.8M$2MMay 15
133NovaData Solutions Inc.TechPA$1.7M$3.5MMay 14
134Robey Street Equity LLC rookieReal EstateNY$1.7M$10MMay 15
135ADAS AI TRAK Corp rookieMain StreetFL$1.7M$3MMay 11
136Brown, Brown & Brown, Inc.OpenNY$1.7M$2MMay 14
137Berkshire Apartment Holdings LLC rookieReal EstateOH$1.6M$1.8MMay 12
138Apex ER I, LLC rookieBio & HealthTX$1.6M$1.6MMay 11
139ProximityParks USA-FFF, LP rookieReal EstateFL$1.6M$120MMay 14
140Watsonville Enterprise, LP rookieReal EstateCA$1.6M$9.6MMay 11
141Pangia Biotech, Inc. rookieBio & HealthFL$1.6M$1.6MMay 11
142Acretrader 278 LLC rookieReal EstateAR$1.6M$1.6MMay 15
143Bridge Purchasing Solutions, Inc.FinanceAR$1.5M$2.5MMay 12
144SentiAR, Inc.Bio & HealthMO$1.5M$2.5MMay 12
145SF Insuretech Inc.FinanceCA$1.4M$4MMay 14
146Honest Mary's Inc. rookieMain StreetTX$1.3M$1.5MMay 12
147Quantropi Inc.TechIntl$1.2M$1.2MMay 11
148Food Nerd Inc.OpenNY$1.1M$4MMay 12
149Solum, Inc. rookieTechMT$1.1M$1.1MMay 12
150DADoES, Inc.TechWA$1M$1MMay 14
151Innovatio Group, LLC rookieTechIL$1M$1.5MMay 14
152Prism Layer AI, Inc. rookieTechDE$1M$1MMay 15
153Thinkstruct, Inc. rookieTechMA$1M$1MMay 12
154Vigo Special Opportunity I LLC rookieOpenFL$1M$100MMay 15
155mQOL Data Inc. rookieTechCA$1M$1MMay 13
156Valuation Research CorpMain StreetWI$900K$900KMay 11
157Hedy Cyber, Inc.TechOH$850K$5MMay 13
158Spark GHC Bluegrass, L.P. rookieReal EstateOH$850K$17MMay 12
159EB5 Lauderdale Lender, LLC rookieOpenFL$800K$144MMay 14
160Homestead Wealth Partners LLCReal EstateTX$800K$800KMay 11
161Polly-Armist Properties LLC rookieReal EstateIL$800K$800KMay 15
162Cadense, Inc.OpenCA$775K$2MMay 11
163DPF Resolutions, LLC rookieOpenTX$768K$3.8MMay 15
164IB Multifamily Investments, LLC rookieReal EstateNE$750K$10MMay 15
165KeyRooted Inc. rookieMain StreetTN$750K$750KMay 15
166Emip 24, LLC rookieReal EstateNY$730KindefiniteMay 15
167Truepointe Brick House Blue, LLC rookieReal EstateOH$700K$1.2MMay 14
168Kin Denver DVM Group LLC rookieBio & HealthCO$625KindefiniteMay 15
169TFND Inc rookieReal EstateNY$600K$1.5MMay 15
170Dreaming Tree Film Studios LLC rookieOpenIL$518K$4.6MMay 12
171BG305 Properties, LLC rookieReal EstatePA$500K$5.7MMay 12
172Bathhouse Holdings Inc.OpenNY$500K$6MMay 11
173High Entropy Security Holdings, Inc. rookieTechAZ$500K$500KMay 12
174NorthcrestCapital LTDTechCO$500K$5.5MMay 12
175PPUSA B Partners 2 LP rookieReal EstateFL$500K$120MMay 14
176SC Honea Path N Shirley, LLC rookieReal EstateSC$500KindefiniteMay 15
177Exter Gold Corp.OpenIntl$490K$490KMay 13
178Cognisolv Inc.TechDE$480K$480KMay 14
179Nexscient, Inc.TechCA$475K$750KMay 11
180Villages at Weatherford, LLC rookieReal EstateTX$450K$6.9MMay 13
181VALKYRIE IV a Series of Opulentia Ventures X LLC rookieFinanceVA$440K$440KMay 14
182MMF Red Hawk Investments, LLC rookieReal EstateCO$400K$10.6MMay 12
183GS Finance Corp.FinanceNY$399K$399KMay 15
184Patriot Critical Minerals Corp.OpenIntl$395K$395KMay 14
185Eloo, LLC rookieTechOH$340K$500KMay 12
186Gaingels Ampaire LLC rookieOpenVT$335K$335KMay 11
187MigmaAI, Inc rookieTechIntl$330K$330KMay 13
188SGC Winx Health Investors 2026, LLC rookieFinanceID$329K$350KMay 12
189Bancreek Capital Strategies, LLC rookieFinanceCA$325K$325KMay 11
190Memoramedia Inc.OpenNJ$318K$2MMay 13
191Hickory Portfolio Ltd Partners, LLC rookieReal EstateNC$315K$1.1MMay 15
192Krivox Inc. rookieTechDE$300KindefiniteMay 12
193YCurb, Inc. rookieTechCA$300K$300KMay 12
194SCA Murrells Inlet, LLC rookieBio & HealthAL$258K$258KMay 12
195Massive Artemis, LLC rookieFinanceCO$253K$253KMay 11
196Dpck LLC rookieTechWA$250K$250KMay 15
197Gilded Spirits, Inc. rookieOpenCA$250K$5MMay 12
198Sentrimed, Inc.Bio & HealthNJ$250K$1MMay 13
199UW Labs, Inc. rookieTechTX$230K$230KMay 11
200Oakridge Dairy LLCMain StreetCT$220K$1MMay 14
201EQ Inc.OpenIntl$205K$410KMay 13
202Emt Xiii LLCReal EstateKY$205K$205KMay 14
203Niche Biopharmaceuticals LLCBio & HealthMN$200K$200KMay 11
204Posh Nutrition LLC rookieOpenAZ$200K$1MMay 15
205UFLO1, Inc. rookieOpenCA$200K$200KMay 11
206Bayhorse Silver Inc.OpenIntl$192K$466KMay 14
207SKYX Platforms Corp.TechFL$187K$187KMay 15
208ASK Signature Capital Partners LP rookieReal EstateTX$180K$3.5MMay 13
209Gaingels Stream AI LLC rookieOpenVT$176K$176KMay 11
210Axenic Health Solutions, Inc.Bio & HealthIL$175K$1MMay 12
211Sided, Inc.TechCA$175K$500KMay 12
212Southside Industrial Development Partners LLC rookieReal EstateDE$152K$4.5MMay 13
213Flowtex Apex Joint Venture rookieEnergyTX$150K$6.8MMay 15
214Austelle, Inc. rookieMain StreetNJ$148K$500KMay 13
215Doughbriks Global LLC rookieMain StreetCA$125K$4MMay 11
216Emt Xvi LLCReal EstateKY$125K$125KMay 14
217Peakstone Realty Trust rookieReal EstateNY$123K$125KMay 14
218Midnight High Houston LLC rookieOpenTX$120K$120KMay 12
219Difratech, Inc.TechMA$105K$5MMay 11
2203D-P2 LLC rookieOpenMN$100K$10MMay 13
221Fourcore Capital Inc. rookieFinanceGA$100K$15MMay 11
222Majesty Therapeutics, Inc. rookieBio & HealthFL$100K$5MMay 15
223Meli Technologies Inc rookieTechLA$100KindefiniteMay 13
224NxtStep Athletics Inc.TechOR$100K$300KMay 13
225Shortcut Mobile, Inc. rookieTechPA$100KindefiniteMay 15
226WWS Enterprises, LLCOpenFL$100K$15MMay 14
227Pagari Life Science Corp.Bio & HealthIL$97K$300KMay 12
228Brooklyn Dumpling Parent Holdings, Inc.OpenNJ$80K$80KMay 15
229Scope Anesthesia of North Carolina, PLLCBio & HealthNC$77K$77KMay 15
230Cz Franchising Inc rookieOpenFL$75K$250KMay 12
231OTTera IncTechCA$75K$12MMay 13
232Solinas Technologies Inc.TechIntl$73K$73KMay 15
233AMOR FELINE Inc rookieMain StreetOH$70K$250KMay 11
234One Bullion LtdOpenIntl$69K$69KMay 12
235Fun Loving Co Inc. rookieMain StreetDE$67KindefiniteMay 11
236Gaius Therapeutics, Inc, rookieBio & HealthCA$60K$250KMay 14
237Claimtra LLC rookieTechMS$50K$50KMay 13
238Intermountain Finance Group LLCFinanceID$50K$7.5MMay 11
239MatchED HMSS Inc. rookieOpenCO$50K$1MMay 11
240Weston AI, Inc. rookieTechNY$50K$500KMay 13
241Phenom Resources Corp.OpenIntl$48K$48KMay 12
242Aunthentica AI, Inc rookieTechLA$42K$100KMay 13
243CineFund Holdings, Inc. rookieTechTX$40K$500KMay 14
244Beluga Corp rookieTechCA$30K$30KMay 11
245Biologic Capital, Inc. rookieFinanceCA$25KindefiniteMay 14
246Dak Dynamics LLC rookieMain StreetAL$25K$25KMay 11
247GolfHires Inc. rookieTechFL$25K$500KMay 12
248OLILO, Inc rookieOpenCA$25K$500KMay 14
249SUMMITS, Inc.Main StreetCA$25KindefiniteMay 13
250Carolina Lithotripsy, A Ltd PartnershipBio & HealthTX$24K$24KMay 14
251Emt IV LLCReal EstateKY$15K$15KMay 14
252Task Force VA, Inc. rookieTechFL$15K$500KMay 11
253Torquem Technologies Ltd. rookieTechDE$12K$48KMay 14
254StratGrid Inc. rookieMain StreetIntl$10K$2.5MMay 14
255MyPro Services Inc.TechWY$6K$7.5MMay 11
256ACE Omni Exchange Ltd rookieOpenCO$1KindefiniteMay 11
257Hexa Management Group LLC rookieOpenWA$1K$1KMay 11