Rankings · Q1 2026

The fundraisers who placed the most.

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

‹Q1 2026the latest full quarter the SEC has published
Canaccord Genuity12 rounds · $115M2SCA Development17 rounds · $9.3M1H.C. Wainwright & Co.9 rounds · $32M3
184company rounds placed by a broker-dealer
69%of the 267 company Form Ds filed
$4.9Bsold in those rounds
6%median fee, as a share of the money raised
#FirmRounds placedSoldMedian feeLast 8 quarters
1▲ 1SCA DevelopmentMostly other health care17$9.3M-2▲ 2Canaccord GenuityMostly other12$115M6%3▼ 2H.C. Wainwright & Co.Mostly other technology9$32M7%4▲ 12Alexander CapitalMostly other banking and financial services8$28M8%5NewEmerson EquityMostly other technology6$139M15.5%6▲ 4Stifel, Nicolaus & CompanyMostly other5$222M5.7%6▲ 3Haywood Securities (USA)Mostly other5$24M5.5%6▲ 10Beacon Securities USMostly other5$15M4.3%9▲ 24Leerink PartnersMostly biotechnology4$615M6%9NewPerformance Trust Capital PartnersMostly other banking and financial services4$233M2.4%9▼ 3A.G.P./Alliance Global PartnersMostly pharmaceuticals4$14M7%9▲ 46Ceros Financial ServicesMostly biotechnology4$7.9M7.3%13▲ 3Goldman Sachs & Co.Mostly other technology3$643M2%13NewSeaport Global SecuritiesMostly other3$431M4%13▲ 42LifeSci CapitalMostly biotechnology3$249M6%13▲ 20Cantor Fitzgerald & Co.Mostly other3$118M5.2%13▲ 3Roth Capital PartnersMostly other3$68M5.7%13NewDominari SecuritiesMostly other3$37M9%13▼ 3Raymond James (USA)Mostly other3$31M2.5%13▲ 42Paradigm Capital U.S.Mostly other3$16M5.9%13▲ 3Eaton PartnersMostly other3$12M5.7%13NewSatya ChillaraMostly agriculture3$12M-13▼ 3Cormark Securities (USA)Mostly other3$11M5.5%13▼ 6Marco Polo SecuritiesMostly other3$5.1M5.6%13▼ 3Upmarket SecuritiesMostly other3$3.3M6%

111 more firms placed at least one company round in Q1 2026. Ties share a rank; within a tie, firms are ordered by money sold.

Since Q4 2025

Who moved

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

212Q2 24183Q3 24193Q4 24190Q1 25177Q2 25212Q3 25227Q4 25184Q1 26
#55#9▲ 46 placesCeros Financial Services4 rounds this quarter, 1 the quarter before#55#13▲ 42 placesLifeSci Capital3 rounds this quarter, 1 the quarter before#55#13▲ 42 placesParadigm Capital U.S.3 rounds this quarter, 1 the quarter before#5New in the tableEmerson Equity6 rounds this quarter, none the quarter before

By industry

Who leads each industry

The firm that placed the most company rounds in each industry in Q1 2026, and its share of the rounds placed there. The top 3 of an industry can show a badge.

Other Health CareSCA Development61%17 of 28 rounds placedOther TechnologyEmerson Equity15%4 of 27 rounds placedBiotechnologyLeerink Partners (tied)18%3 of 17 rounds placedOther Banking and Financial ServicesAlexander Capital47%7 of 15 rounds placedOil and GasLighthouse Capital Group (tied)20%2 of 10 rounds placedPharmaceuticalsA.G.P./Alliance Global Partners25%2 of 8 rounds placedOther EnergyAcademy Securities (tied)14%1 of 7 rounds placedAgricultureSatya Chillara75%3 of 4 rounds placed

What it costs

Half of fundraisers take 3% to 7.1%

The sales commission filed on each Form D, as a share of the money sold, across 710 placements in the four quarters to Q1 2026. Half fall between 3% and 7.1%; 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 Q1 2026

The quarter's placements, as they were filed

  • 31 MarKeefe, Bruyette & WoodsDMMS Purchaser, Inc.Other$171M
  • 31 MarA.G.P./Alliance Global PartnersIceCure Medical Ltd.Biotechnology$4.0M
  • 27 MarCanaccord GenuityCVW Sustainable Royalties Inc.Other$7.5M
  • 27 MarOdeon Capital GroupBattery Mineral Resources Corp.Other$6.5M
  • 27 MarCantor Fitzgerald & Co.Eloro Resources Ltd.Other$3.0M
  • 26 MarRothschild & Co USSteno Agency, Inc.Other$49M
  • 26 MarLifeSci CapitalPacegenix, Inc.Biotechnology$23M
  • 26 MarBeacon Securities USKingfisher Metals Corp.Other$945k
  • 26 MarThe Tidal GroupTidal Petroleum Inc.Oil and Gas$126k
  • 25 MarLeerink PartnersAN2 Therapeutics, Inc.Pharmaceuticals$40M
  • 25 MarCharles WorthmanLongeveron Inc.Biotechnology$16M
  • 25 MarGrant WilliamsLandline CoOther$1.4M
  • 25 MarMichael Paul PatzkowskyIndian Peaks Brewing CoManufacturing$1.2M
  • 25 MarFirst Liberties SecuritiesCarver Edison, Inc.Other Technology$185k
  • 25 MarA.G.P./Alliance Global PartnersSuper Copper Corp.Other$147k
  • 25 MarSCA DevelopmentConnecticut Surgery Center, Limited PartnershipOther Health Care$63k

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.