Findings ·
Every startup raise and venture fund filed on Form D since , cleaned up into single raises, sorted into startups, funds and SPVs, and tagged for AI. Four things stood out. Each links to the page with the live numbers.
the well-known SF AI companies I checked ( of ) never filed a Form D under their own name. don't. You can see investor demand for these companies in the data, but not the companies themselves.
Coverage gap →
"new venture fund" filings in the US are really single-deal SPVs. Counting raw filings overstates new funds by about nationally and in SF and LA.
New funds →
Figures are computed from the same data as the linked pages (filings through ) and update with them. AI shares use the current-evidence AI tag; the largest AI issuer is the one with the most dollars in . SPV counts cover vehicles first filed since , up to the last complete quarter, and the low end of each range counts unclear vehicles as funds. Form D misses many raises, so totals are a floor. How each number is made, and how often the classifications are right, is on the Methodology page.