Startup funding report: April 2026
In April 2026, 1,559 US companies filed a new Form D with the SEC, reporting $23.5B raised (+10% in companies vs March 2026). The median round was $1.5M, 43% of rounds were under $1M, and 75% of the companies were founded in the last five years. Other led by number of rounds (394). California led the states with 197.
Companies that raised
1,559
+10% vs Mar
Reported raised
$23.5B
+7% vs Mar
Median round
$1.5M
$1.5M in Mar
1,163
Nov1,341
Dec1,450
Jan 261,181
Feb1,420
Mar1,559
AprShow as table
| Month | Companies |
|---|---|
| Nov | 1,163 |
| Dec | 1,341 |
| Jan 26 | 1,450 |
| Feb | 1,181 |
| Mar | 1,420 |
| Apr | 1,559 |
Under $250K317 (24%)
$250K–$1M239 (18%)
$1M–$5M362 (28%)
$5M–$20M243 (19%)
$20M–$100M109 (8%)
$100M+24 (2%)
Show as table
| Amount raised | Rounds |
|---|---|
| Under $250K | 317 (24%) |
| $250K–$1M | 239 (18%) |
| $1M–$5M | 362 (28%) |
| $5M–$20M | 243 (19%) |
| $20M–$100M | 109 (8%) |
| $100M+ | 24 (2%) |
Other394 · $13.4B
Real estate354 · $1.8B
Technology341 · $4.4B
Health care159 · $1.3B
Financial services129 · $1.4B
Energy61 · $843M
Retail and restaurants46 · $98.7M
Manufacturing29 · $105M
Business services28 · $121M
Agriculture13 · $41.3M
Show as table
| Sector | Rounds · raised |
|---|---|
| Other | 394 · $13.4B |
| Real estate | 354 · $1.8B |
| Technology | 341 · $4.4B |
| Health care | 159 · $1.3B |
| Financial services | 129 · $1.4B |
| Energy | 61 · $843M |
| Retail and restaurants | 46 · $98.7M |
| Manufacturing | 29 · $105M |
| Business services | 28 · $121M |
| Agriculture | 13 · $41.3M |
| Travel and leisure | 5 · $17.1M |
California197 · $2.4B
Texas153 · $1.9B
New York148 · $1.4B
Florida107 · $603M
Massachusetts68 · $893M
Georgia50 · $325M
Illinois49 · $11.5B
Delaware49 · $289M
Colorado48 · $119M
North Carolina44 · $554M
Show as table
| State | Rounds · raised |
|---|---|
| California | 197 · $2.4B |
| Texas | 153 · $1.9B |
| New York | 148 · $1.4B |
| Florida | 107 · $603M |
| Massachusetts | 68 · $893M |
| Georgia | 50 · $325M |
| Illinois | 49 · $11.5B |
| Delaware | 49 · $289M |
| Colorado | 48 · $119M |
| North Carolina | 44 · $554M |
The 20 largest rounds
| Company | Industry | Raised | Security | Filed |
|---|---|---|---|---|
| Madison Air Solutions CorpChicago, IL · Founded 2025 | Other | $10.9B | Equity | Apr 27 |
| Saronic Technologies, Inc.Austin, TX · Founded 2022 | Other Technology | $1Bof $1.8B | Equity | Apr 9 |
| Vulcan Elements Holdings Corp.Durham, NC · Founded 2025 | Other Technology | $431Mof $545M | Equity | Apr 2 |
| Madison Air Co-Investors LLCChicago, IL · Founded 2026 | Other | $332M | Equity | Apr 27 |
| Verily Health Inc.Dallas, TX | Other Technology | $300M | Equity | Apr 9 |
| Stoke Space Technologies, Inc.Kent, WA | Other Technology | $275Mof $350M | Equity | Apr 16 |
| QXO, Inc.Greenwich, CT | Other Real Estate | $254M | Equity | Apr 15 |
| Onward HoldCo L.P.New York, NY · Founded 2026 | Other | $251M | Other | Apr 15 |
| Hermeus CorpAtlanta, GA | Other | $201M | Equity | Apr 14 |
| Harvey AI CorpSan Francisco, CA · Founded 2022 | Other Technology | $200Mopen-ended | Equity | Apr 6 |
| Nexamp, Inc.Boston, MA | Other Energy | $180M | Equity, Other | Apr 17 |
| Xona Space Systems Inc.Burlingame, CA | Other | $170M | Equity | Apr 2 |
| Virtus Power Holdings, LLCNew York, NY · Founded 2026 | Other Energy | $150Mopen-ended | Equity | Apr 14 |
| Sierra International Network Inc.Irvine, CA · Founded 2023 | Other Technology | $145M | Equity | Apr 16 |
| Sygaldry Technologies, Inc.Ann Arbor, MI · Founded 2024 | Other Technology | $139M | Equity | Apr 14 |
| Vireo Growth Inc.Minneapolis, MN | Other | $128Mof $196M | Equity, Options or warrants | Apr 22 |
| Capstone Green Energy Holdings, Inc.Van Nuys, CA | Other Energy | $113M | Equity, Options or warrants | Apr 13 |
| Starfish Space Inc.Tukwila, WA | Other | $112Mof $115M | Equity | Apr 8 |
| Rakuten Medical, Inc.San Diego, CA | Biotechnology | $112Mof $117M | Equity | Apr 13 |
| Corgi Insurance Services, Inc.San Francisco, CA · Founded 2024 | Insurance | $109M | Equity, Options or warrants | Apr 3 |
No companies match these filters.