Startup funding report: November 2026 so far
So far in November 2026 (through November 13, 2026), 621 US companies filed a new Form D with the SEC, reporting $11B raised. The median round was $1.3M, 47% of rounds were under $1M, and 78% of the companies were founded in the last five years. Technology led by number of rounds (164). California led the states with 108.
Companies that raised
621
Month to date
Reported raised
$11B
Sum of amounts sold
Median round
$1.3M
Among rounds with sales
1,341
Dec1,450
Jan 261,181
Feb1,420
Mar1,559
Apr1,285
May1,355
Jun1,365
Jul1,230
Aug1,332
Sep1,410
Oct621
NovShow as table
| Month | Companies |
|---|---|
| Dec | 1,341 |
| Jan 26 | 1,450 |
| Feb | 1,181 |
| Mar | 1,420 |
| Apr | 1,559 |
| May | 1,285 |
| Jun | 1,355 |
| Jul | 1,365 |
| Aug | 1,230 |
| Sep | 1,332 |
| Oct | 1,410 |
| Nov | 621 |
Under $250K118 (24%)
$250K–$1M115 (23%)
$1M–$5M132 (26%)
$5M–$20M94 (19%)
$20M–$100M26 (5%)
$100M+16 (3%)
Show as table
| Amount raised | Rounds |
|---|---|
| Under $250K | 118 (24%) |
| $250K–$1M | 115 (23%) |
| $1M–$5M | 132 (26%) |
| $5M–$20M | 94 (19%) |
| $20M–$100M | 26 (5%) |
| $100M+ | 16 (3%) |
Technology164 · $2.8B
Other148 · $1.8B
Real estate145 · $477M
Health care61 · $433M
Financial services35 · $755M
Retail and restaurants20 · $65.7M
Energy18 · $549M
Manufacturing16 · $55M
Business services7 · $4B
Travel and leisure6 · $7.2M
Show as table
| Sector | Rounds · raised |
|---|---|
| Technology | 164 · $2.8B |
| Other | 148 · $1.8B |
| Real estate | 145 · $477M |
| Health care | 61 · $433M |
| Financial services | 35 · $755M |
| Retail and restaurants | 20 · $65.7M |
| Energy | 18 · $549M |
| Manufacturing | 16 · $55M |
| Business services | 7 · $4B |
| Travel and leisure | 6 · $7.2M |
| Agriculture | 1 · $3M |
California108 · $6.9B
Texas58 · $540M
New York51 · $663M
Massachusetts32 · $457M
Utah30 · $192M
Florida25 · $21.1M
Delaware22 · $232M
Colorado21 · $95M
Illinois19 · $71.4M
Virginia17 · $67.1M
Show as table
| State | Rounds · raised |
|---|---|
| California | 108 · $6.9B |
| Texas | 58 · $540M |
| New York | 51 · $663M |
| Massachusetts | 32 · $457M |
| Utah | 30 · $192M |
| Florida | 25 · $21.1M |
| Delaware | 22 · $232M |
| Colorado | 21 · $95M |
| Illinois | 19 · $71.4M |
| Virginia | 17 · $67.1M |
The 20 largest rounds so far
| Company | Industry | Raised | Security | Filed |
|---|---|---|---|---|
| Andersen Aggregator LLCSan Francisco, CA · Founded 2025 | Business Services | $1.9B | Equity, Other | Nov 4 |
| AT Umbrella LLCSan Francisco, CA · Founded 2025 | Business Services | $1.9B | Equity, Other | Nov 4 |
| fal - Features & Labels, Inc.San Francisco, CA | Other Technology | $1Bof $1.3B | Equity | Nov 12 |
| MoFlo Acquisitions, Inc.Foster City, CA · Founded 2026 | Other | $587M | Equity | Nov 2 |
| GeoPark LtdBogota, Colombia | Oil and Gas | $515M | Equity | Nov 5 |
| Vuelta Holdings LPKannapolis, NC · Founded 2026 | Other | $443Mopen-ended | Equity | Nov 5 |
| Sierra International Network Inc.Irvine, CA · Founded 2024 | Other Technology | $300M | Equity | Nov 12 |
| Zai Lab LtdCambridge, MA | Biotechnology | $250M | Equity | Nov 9 |
| AEH Parent, LLCNew York, NY · Founded 2026 | Investing | $224M | Equity | Nov 13 |
| Legora, Inc.Dover, DE · Founded 2023 | Other Technology | $221Mof $550M | Equity | Nov 4 |
| SLR Secured Specialty Lending FundNew York, NY · Founded 2026 | Investing | $200Mopen-ended | Equity | Nov 10 |
| Nominal, Inc.Austin, TX · Founded 2022 | Other | $170Mof $172M | Equity | Nov 13 |
| MD Investment LLCSan Francisco, CA | Business Services | $169M | Equity, Other | Nov 5 |
| Serval Inc.San Francisco, CA · Founded 2024 | Other Technology | $149Mof $150M | Equity | Nov 3 |
| Databento Inc.Salt Lake City, UT | Other Technology | $100M | Equity | Nov 12 |
| VBT Financial CorpSan Antonio, TX | Commercial Banking | $81M | Debt | Nov 9 |
| Bank7 Corp.Oklahoma City, OK | Commercial Banking | $71.7M | Equity | Nov 12 |
| New ERA Energy & Digital, Inc.Midland, TX | Other | $64M | Equity | Nov 12 |
| AFC Acquisitions, Inc.Foster City, CA · Founded 2021 | Other | $55.9M | Equity | Nov 10 |
| Multiply Labs, Inc.San Francisco, CA | Other Technology | $52.3M | Equity | Nov 5 |
No companies match these filters.