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Private capital by state

Where new private money is being raised, state by state, as companies and funds report it to the SEC, each raise counted once. The brighter the state, the more new capital over the last 12 full months.

Filings to October 20, 2026; these pages are rebuilt every week.

Alabama: $2B to $5BAlaska: 12 raises, amounts for subscribersArizona: $2B to $5BArkansas: 132 raises, amounts for subscribersCalifornia: $200B to $500BColorado: $20B to $50BConnecticut: about $100BDelaware: $20B to $50BDistrict of Columbia: $5B to $10BFlorida: about $80BGeorgia: $10B to $20BHawaii: 22 raises, amounts for subscribersIdaho: $500M to $1BIllinois: $100B to $200BIndiana: $5B to $10BIowa: 97 raises, amounts for subscribersKansas: $2B to $5BKentucky: $1B to $2BLouisiana: $1B to $2BMaine: $100M to $200MMaryland: $10B to $20BMassachusetts: $100B to $200BMichigan: 297 raises, amounts for subscribersMinnesota: $10B to $20BMississippi: 28 raises, amounts for subscribersMissouri: 185 raises, amounts for subscribersMontana: 51 raises, amounts for subscribersNebraska: $1B to $2BNevada: $2B to $5BNew Hampshire: $1B to $2BNew Jersey: $20B to $50BNew Mexico: $100M to $200MNew York: about $600BNorth Carolina: $10B to $20BNorth Dakota: $200M to $500MOhio: $20B to $50BOklahoma: $2B to $5BOregon: $1B to $2BPennsylvania: $20B to $50BRhode Island: $2B to $5BSouth Carolina: $5B to $10BSouth Dakota: $100M to $200MTennessee: $5B to $10BTexas: about $100BUtah: $5B to $10BVermont: $200M to $500MVirginia: $10B to $20BWashington: $10B to $20BWest Virginia: 11 raises, amounts for subscribersWisconsin: $2B to $5BWyoming: $5B to $10B
  1. Raise by raise
  2. Under $2B
  3. $2B to $8B
  4. $8B to $40B
  5. $40B and more

Choose a state on the map to see its figures.

Raises in 2026, state by state

Leading the states shown in dollars over the last 12 months: New York, then California.

Number and bar: raises opened in 2026, to October 20, the bar on a square-root scale.Figure: new capital over the last 12 months, October 2025 to September 2026, for the states shown in dollars. Figures rounded; ranges where fewer raises, or a few large ones, stand behind them.

See every firm by name, in any state

By class

Screen the market for your raise

Find capital, SERA IQ's screen of firms whose filings fit a raise like yours. A state narrows it.

Subscribers search nationwide or narrow to one state.

Real estate, general and mixed use, any amount, anywhere in the US

2,035firms' filings fit this raise

2,035 firms' filings fit this raise

  • Private funds1,766
  • Wealth advisers and family offices87
  • Placement firms182

Find capital's own list without its size test: a size can raise or lower the count.

  1. Placement firmStrongest evidencePaid to sell raises in your class for outside sponsors.Paid to sell this class, last 12 months
  2. Placement firmStrongest evidencePaid to sell raises in your class for outside sponsors.Paid to sell this class, last 12 months
  3. Placement firmStrongest evidencePaid to sell raises in your class for outside sponsors.Paid to sell this class, last 12 months
  4. Placement firmStrongest evidencePaid to sell raises in your class for outside sponsors.Paid to sell this class, last 12 months
  5. Placement firmStrongest evidencePaid to sell raises in your class for outside sponsors.Paid to sell this class, last 12 months
  6. Placement firmStrongest evidencePaid to sell raises in your class for outside sponsors.Paid to sell this class, last 12 months
  7. Placement firmStrongest evidencePaid to sell raises in your class for outside sponsors.Paid to sell this class, last 12 months
  8. Placement firmStrongest evidencePaid to sell raises in your class for outside sponsors.Paid to sell this class, last 12 months
  9. Placement firmStrongest evidencePaid to sell raises in your class for outside sponsors.Paid to sell this class, last 12 months
  10. Placement firmStrongest evidencePaid to sell raises in your class for outside sponsors.Paid to sell this class, last 12 months

Choose an asset class to see the firms whose filings fit your raise.

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See the strongest 500 of 2,035 by name.

  • An adviser's leaders by name and title, and contact details where the filings give them.
  • A firm's funds and raises as filed, and the deals Form D names it as paid to sell.
  • Follow firms and raises, with an email when they have news.
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First month refundable within 5 days if nothing has been exported or used beyond the first days' limits.

See what's inside

Find capital's own result, read on October 22, 2026, with each firm's name locked. A firm that fits is not a statement that it will invest.

  • Built from SEC filings and counted the same way every week.
  • Subscribers see every firm by name, with contact details where its filings give them.
  • Figures as of October 20, 2026, rebuilt every week.
  • First month refundable within 5 days if nothing has been exported or used beyond the first days' limits.

New capital is the increase in the amount sold since an offering's previous filing, never a running total restated, and a raise filed by several vehicles is counted once. Dollar figures are rounded. Where fewer raises, or a few large ones, stand behind a figure we show a range, and where one raise could be singled out we show the raise count; a figure that would let a held one be worked out is shown one step coarser. Subscribers see every amount raise by raise. How we count

Source: U.S. Securities and Exchange Commission, EDGAR, as SERA IQ counts it.