Weekly · US startup funding from SEC filings
Startups that raised money this week
Companies that filed a new Form D with the US Securities and Exchange Commission between Monday 5 and Sunday 11 October 2026: how much each raised, where they are based, and what they sold. Investment funds are left out. Updated every Tuesday.
- 321 companies filed a new Form D, reporting $2.35B raised so far between them (278 reported a sale).
- Biggest raise: McDermott International, Ltd, $500M (Construction, Houston, TX).
- 40 raised $10M or more and 153 raised $1M or more. The median raise was $1.2M.
- 190 were first-time filers, the SEC’s first record of the company raising money this way, with $1.38B between them.
- Top place by money raised: Texas, 37 companies and $851.2M.
The 25 biggest raises
| # | Company | Industry | Based in | Raised | Target | Investors | What was sold | Founded |
|---|---|---|---|---|---|---|---|---|
| 1 | McDermott International, LtdFirst Form D | Construction | Houston, TX | $500M | $500M | 58 | Equity | – |
| 2 | Gateway Royalty VII, LLCFirst Form D | Oil and Gas | Midland, TX | $131M | $131M | 171 | Equity | 2024 |
| 3 | M2X Energy Inc. | Energy Conservation | Rockledge, FL | $125M | $238.8M | 1 | Equity | – |
| 4 | Athanor Compute, Inc.First Form D | Other Technology | San Francisco, CA | $125M | $150M | 8 | Equity | 2026 |
| 5 | Barada Holdings LLCFirst Form D | Commercial | Webster, TX | $95.7M | open-ended | 103 | Equity, Property shares | 2026 |
| 6 | WhiteHawk Minerals Corp. | Oil and Gas | Philadelphia, PA | $75M | $75M | 13 | Equity | 2022 |
| 7 | Metaview Technologies Inc. | Other Technology | London, United Kingdom | $60M | $60M | 12 | Equity | 2021 |
| 8 | Unison Risk Advisors Inc. | Insurance | Cleveland, OH | $56.2M | $56.2M | 10 | Equity | – |
| 9 | PDW Holdings, Inc. | Other Technology | Huntsville, AL | $52.2M | $52.2M | 2 | Equity, Options | – |
| 10 | WhiteHawk Minerals Corp. | Oil and Gas | Philadelphia, PA | $50M | $50M | 6 | Equity | 2022 |
| 11 | USM Procurement 4 LLCFirst Form D | Other Energy | Windermere, FL | $41.5M | $41.5M | 1 | Debt | 2026 |
| 12 | Mars Energy Holdco, LLC | Business Services | Rocklin, CA | $41.1M | $41.1M | 33 | Equity | 2022 |
| 13 | Relay, Inc. | Other Technology | Raleigh, NC | $36M | $36.1M | 35 | Equity | – |
| 14 | Virtual Incision Corp | Biotechnology | Lincoln, NE | $35.1M | $80.1M | 60 | Equity | – |
| 15 | Fortastra Corp | Other Technology | Torrance, CA | $32.6M | $32.6M | 17 | Equity | 2025 |
| 16 | Luminal AI, Inc.First Form D | Computers | San Francisco, CA | $29.2M | $29.2M | 84 | Equity | 2025 |
| 17 | Scout Discoveries Corp. | Other | Coeur D'alene, ID | $28.4M | $28.4M | 3 | Equity | 2023 |
| 18 | Trustar Bankshares, Inc.First Form D | Commercial Banking | Mclean, VA | $28.1M | $28.1M | 9 | Equity | 2025 |
| 19 | University Bancorp, Inc. | Commercial Banking | Ann Arbor, MI | $25M | $25M | 5 | Debt | – |
| 20 | EigenQ Inc | Other Technology | Austin, TX | $22.2M | $44.5M | 1 | Equity, Debt, Options | 2025 |
| 21 | Ephesian Legacy Court Limited PartnershipFirst Form D | Residential | Richmond, CA | $20.7M | $20.7M | 1 | Other | 2023 |
| 22 | Woodberry Lane Owner, LLCFirst Form D | Other Real Estate | Arlington, VA | $18.5M | $18.5M | 76 | Equity | 2026 |
| 23 | Innoven Energy LLCFirst Form D | Other Technology | Solana Beach, CA | $18.1M | $18.1M | 11 | Equity | – |
| 24 | Figueroa Heights LPFirst Form D | Residential | Agoura Hills, CA | $17.1M | $17.1M | 1 | Other | 2025 |
| 25 | Adden Energy, Inc. | Other Energy | Waltham, MA | $16.9M | $26.6M | 7 | Equity | – |
Raised is the amount the company had sold in this offering when it filed, as it reported to the SEC; target is what it aims to raise. A company can sell more later and report it in an amendment. Company names link to the filing on sec.gov.
By state and by industry
By state
| State | Companies | Raised |
|---|---|---|
| Texas | 37 | $851.2M |
| California | 46 | $368M |
| Florida | 24 | $194.5M |
| Pennsylvania | 7 | $140.3M |
| New York | 30 | $88.5M |
| Massachusetts | 12 | $62M |
| Outside the US: United Kingdom | 2 | $61.9M |
| Alabama | 3 | $61.5M |
| Ohio | 4 | $60.7M |
| Virginia | 9 | $58.1M |
| North Carolina | 7 | $52.3M |
| Michigan | 7 | $36.3M |
| Nebraska | 2 | $36.1M |
| Outside the US: Canada | 19 | $34.6M |
| Georgia | 8 | $30.1M |
36 more places with smaller totals.
By industry
| Industry, as filed | Companies | Raised |
|---|---|---|
| Other Technology | 87 | $513.1M |
| Construction | 1 | $500M |
| Oil and Gas | 7 | $265.2M |
| Other | 70 | $156.8M |
| Commercial | 25 | $153.2M |
| Energy Conservation | 2 | $131.7M |
| Other Real Estate | 14 | $85M |
| Biotechnology | 13 | $73.9M |
| Commercial Banking | 4 | $68.9M |
| Residential | 13 | $63.8M |
| Business Services | 10 | $61.5M |
| Insurance | 3 | $60.9M |
| Other Energy | 4 | $60.5M |
| Other Health Care | 21 | $36.5M |
| Other Banking and Financial Services | 8 | $35M |
11 more industries with smaller totals.
First-time filers: 190 companies
Companies filing their first ever Form D, often their first outside round. The 25 biggest by amount raised.
| # | Company | Industry | Based in | Raised | Target | Investors | What was sold | Founded |
|---|---|---|---|---|---|---|---|---|
| 1 | McDermott International, Ltd | Construction | Houston, TX | $500M | $500M | 58 | Equity | – |
| 2 | Gateway Royalty VII, LLC | Oil and Gas | Midland, TX | $131M | $131M | 171 | Equity | 2024 |
| 3 | Athanor Compute, Inc. | Other Technology | San Francisco, CA | $125M | $150M | 8 | Equity | 2026 |
| 4 | Barada Holdings LLC | Commercial | Webster, TX | $95.7M | open-ended | 103 | Equity, Property shares | 2026 |
| 5 | USM Procurement 4 LLC | Other Energy | Windermere, FL | $41.5M | $41.5M | 1 | Debt | 2026 |
| 6 | Luminal AI, Inc. | Computers | San Francisco, CA | $29.2M | $29.2M | 84 | Equity | 2025 |
| 7 | Trustar Bankshares, Inc. | Commercial Banking | Mclean, VA | $28.1M | $28.1M | 9 | Equity | 2025 |
| 8 | Ephesian Legacy Court Limited Partnership | Residential | Richmond, CA | $20.7M | $20.7M | 1 | Other | 2023 |
| 9 | Woodberry Lane Owner, LLC | Other Real Estate | Arlington, VA | $18.5M | $18.5M | 76 | Equity | 2026 |
| 10 | Innoven Energy LLC | Other Technology | Solana Beach, CA | $18.1M | $18.1M | 11 | Equity | – |
| 11 | Figueroa Heights LP | Residential | Agoura Hills, CA | $17.1M | $17.1M | 1 | Other | 2025 |
| 12 | Vye Health Inc. | Other Technology | San Francisco, CA | $16.2M | $18.2M | 9 | Equity | 2025 |
| 13 | Park & Poplar Investors LLC | Other Real Estate | Carmel, IN | $16M | $16M | 99 | Equity | 2026 |
| 14 | DPEG Kanwa, LP | Other Real Estate | Stafford, TX | $14.9M | $14.9M | 170 | Equity | 2026 |
| 15 | 1330 Conn Investors LLC | Commercial | Washington, DC | $12.3M | $12.3M | 12 | Equity | 2026 |
| 16 | Seen Partners Inc. | Other Technology | New York, NY | $12.2M | $12.2M | 35 | Equity | 2025 |
| 17 | SDA, Inc. | Other Banking and Financial Services | Atlanta, GA | $10.8M | open-ended | 27 | Debt | – |
| 18 | Corley Holdco LLC | Other | Fort Worth, TX | $10M | open-ended | 1 | Other | 2026 |
| 19 | BCP Wildcat LP | Commercial | Austin, TX | $9.3M | $9.3M | 35 | Equity | 2026 |
| 20 | RP Industrial Investors I, LLC | Other Real Estate | Birmingham, AL | $9.2M | $11M | 4 | Equity | 2026 |
| 21 | Timberland Linden Ridge LLC | Other Real Estate | Hopkins, MN | $9.2M | $11M | 49 | Equity | 2026 |
| 22 | Morningstar Minerals - West III, LP | Oil and Gas | Dallas, TX | $8.8M | $10M | 41 | Equity | 2026 |
| 23 | Madelynn Meadows LBC, LLC | Residential | Dallas, TX | $8.5M | $8.5M | 1 | Debt | 2026 |
| 24 | Great Fission, Inc. | Other | San Francisco, CA | $8M | $9M | 11 | SAFE | 2026 |
| 25 | Goated Ventures Inc. | Other Technology | Las Vegas, NV | $8M | $15M | 7 | Equity | 2026 |
How this page is made
US companies selling shares, SAFEs or notes to private investors under Regulation D must file a Form D with the SEC within 15 days of their first sale. Every Tuesday we read every Form D filed in the previous Monday to Sunday week, straight from SEC EDGAR, and keep the new offerings. Amendments to older offerings are left out, and so are pooled investment funds (venture, private equity, hedge and real estate funds), which file about two thirds of all Form Ds.
A filing is not a press release. The amount is what the company reported as sold when it filed, not its total funding, and some rounds are never filed at all. The industry is the company’s own pick from the SEC’s list; most software startups choose “Other Technology”. Real estate and energy projects that raise money as companies are included, so not every row is a startup.
Companies only: we never show the people a Form D names, or anything about investors. Source: US Securities and Exchange Commission, EDGAR.
Past weeks
- Week of 5 to 11 Oct 2026 321 companies, $2.35B (this page)
Get every round, every morning
This page shows the top 25. The full list, with filters by state, industry, amount and what was sold, comes from the same Form D feed we use here. Run it daily for only the new filings, or for any date range. $5 per 1,000 rounds.