Rankings · Q4 2021 · Other Technology

The fundraisers who placed the most.

Broker-dealers ranked by the operating-company rounds they were paid to place in other technology, as filed with the SEC on Form D. Funds, real estate and insurance products are left out.

‹Q4 2021›an earlier quarter
Btig2 rounds · $151M2H.C. Wainwright & Co.4 rounds · $93M1Carolina Financial Securitites2 rounds · $45M2
45company rounds placed by a broker-dealer
69%of the 65 company Form Ds filed in this industry
$810Msold in those rounds
6%median fee, as a share of the money raised
#FirmRounds placedSoldMedian feeLast 8 quarters
1=H.C. Wainwright & Co.Mostly other technology4$93M7.2%2▲ 4BtigMostly other technology2$151M3.5%2NewCarolina Financial SecurititesMostly other technology2$45M-2NewNorthland SecuritiesMostly other technology2$30M7%2NewTPEG SecuritiesMostly other technology2$15M8%2NewCanaccord GenuityMostly other technology2$441k6.5%7NewPark Hill GroupMostly other technology1$145M2.7%7NewPJT PartnersMostly other technology1$145M2.7%7NewAtlas Technology GroupMostly other technology1$50M-7NewRaymond James & AssociatesMostly other technology1$37M3.7%7NewCraig-Hallum Capital GroupMostly other technology1$33M2.2%7NewBroadhaven SecuritiesMostly other technology1$30M-7NewMarathon Capital MarketsMostly other technology1$27M7.4%7NewBentley Securities CorporationMostly other technology1$22M4.7%7NewBlue Sand SecuritiesMostly other technology1$22M4.7%7NewFT Global CapitalMostly other technology1$20M7.9%7NewCowen and CompanyMostly other technology1$19M6.7%7▼ 4Goldman Sachs & Co.Mostly other technology1$17M3.8%7NewD. Boral CapitalMostly other technology1$15M8%7NewE.F. Hutton & Co.Mostly other technology1$15M8%7▼ 1Avalon SecuritiesMostly other technology1$12M-7NewBowen AdvisorsMostly other technology1$10.0M2.8%7▼ 1Gp NurmenkariMostly other technology1$7.2M6.6%7NewA.G.P./Alliance Global PartnersMostly other technology1$5.0M7%7NewCapella SecuritiesMostly other technology1$4.0M1.5%

16 more firms placed at least one company round in Q4 2021 in this industry. Ties share a rank; within a tie, firms are ordered by money sold.

Since Q3 2021

Who moved

20 of this quarter's top 25 placed no company round at all the quarter before.

18Q1 2024Q2 2035Q3 2026Q4 2045Q1 2143Q2 2139Q3 2145Q4 21
#6#2▲ 4 placesBtig2 rounds this quarter, 1 the quarter before#2New in the tableCarolina Financial Securitites2 rounds this quarter, none the quarter before#2New in the tableNorthland Securities2 rounds this quarter, none the quarter before#2New in the tableTPEG Securities2 rounds this quarter, none the quarter before

What it costs

Half of fundraisers take 3% to 7.8%

The sales commission filed on each Form D, as a share of the money sold, across 949 placements in the four quarters to Q4 2021. Half fall between 3% and 7.8%; the middle one is 6%. Finder's fees and warrants are not in the figure, so the real cost is often higher.

median 6%
0%1%2%3%4%5%6%7%8%10%+

Filed in Q4 2021

The quarter's placements, as they were filed

  • 30 DecNorthland SecuritiesAmerican Virtual Cloud Technologies, Inc.Other Technology$25M
  • 30 DecNorthland SecuritiesAmerican Virtual Cloud Technologies, Inc.Other Technology$5.0M
  • 29 DecBMO Nesbitt BurnsBase Carbon Corp.Other Technology$3.2M
  • 27 DecRaymond James & AssociatesSymphonic Distribution, Inc.Other Technology$37M
  • 23 DecHollister AssociatesWealthblock Inc.Other Technology$456k
  • 22 DecCanaccord GenuityWonderFi Technologies Inc.Other Technology$121k
  • 20 DecBroadhaven SecuritiesLuma Financial Technologies, LLCOther Technology$30M
  • 20 DecFT Global CapitalAgm Group Holdings, Inc.Other Technology$20M
  • 17 DecTPEG SecuritiesTPEG Plato Investors LLCOther Technology$3.3M
  • 16 DecTPEG SecuritiesTpeg Plato Qp Investors LLCOther Technology$12M
  • 14 DecGoldman Sachs & Co.Cogito CorpOther Technology$17M
  • 13 DecThe Enterprise Securities CompanyMy Wine Society, Inc.Other Technology$500k
  • 9 DecAtlas Strategic AdvisorsDrone Express, Inc.Other Technology$3.7M
  • 8 DecMarathon Capital MarketsEV Connect, Inc.Other Technology$27M
  • 1 DecCarofinThynk Health, LLCOther Technology$220k
  • 29 NovSalomon Whitney FinancialSecureReview, Inc.Other TechnologyUndisclosed

Looking for someone to place your round?

Every fundraiser we have seen place a company round, with their deals, fees and the industries they work in.

Browse the fundraisersList your firm

How the table is made

Where do the numbers come from?

From the SEC's Form D data sets. A company raising privately files a Form D, and when a broker-dealer is paid to sell the round, the filing names it with its commission. We count each new filing once per firm named on it, and leave out amendments, funds and real estate. Insurance and investing filings are left out too: they are an insurer's policy accounts and investment vehicles, sold through dozens of firms at once, not companies raising a round.

Why is the latest quarter a quarter behind?

The SEC publishes the data sets quarterly, after the quarter closes. A quarter only appears here once its filings are in.

Can a firm change its place?

No. The table is computed from filings alone. A firm can claim its page and add to it, but cannot change what it placed.

What is the badge?

Firms in the overall top 10, or the top 3 of an industry, can show their standing on their own site with a badge from their page. It updates when the next quarter arrives.

What does it leave out?

Rounds where nobody was paid to sell, which is most venture rounds, and placements a firm makes without filing. A low rank is not a verdict on a firm; it is what the filings show.