The primary source
Every row on Form D Radar comes from SEC EDGAR, the U.S. Securities and Exchange Commission's public filing system. When a company raises money in a private round under Regulation D, federal law requires it to file a Form D within 15 days of the first sale. That filing names the company, its city and state, the amount it set out to raise, and the date. It's a sworn federal filing, not a press release.
We pull every new Form D from EDGAR nightly, and every row on the feed links to its actual filing. Click through and read the source document yourself.
What the marks mean
A ✓ beside a sector label, description, or website means it was web-verified: checked against the company's own site. A label without the mark was classified from the filing's own fields, machine-inferred and honestly unconfirmed. Label pending means the filing is fresh and the nightly labeling pass hasn't reached it yet; unknown means the filing's fields genuinely don't identify a sector, and we say so rather than guess. Undisclosed means the filer declared an indefinite offering amount; we show that honestly instead of inventing a number. Amounts are stated offering targets from the filing, not confirmed closes.
What this covers, plainly
Most private raises never make the news. Academic research (Hanley & Yu, Lehigh University) finds that roughly 1 in 4 announced rounds files an issuer Form D, and that plenty of companies raise without ever announcing anything. So no funding database sees everything, including this one. What Form D Radar shows you is the raises that file: often days to months before any press coverage, plus the ones that are never announced anywhere else. When a filing exists, you'll usually see it here before you read about it.
Filed dates on the feed are the SEC filing dates. The feed shows one row per offering; amendments update their original filing rather than appearing as new raises.