The primary source
Every row on Takeoff 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 signed 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. n/a appears on a raise filed through a special-purpose vehicle (marked Via SPV): the filing describes the investment vehicle rather than the company's business, so no sector label applies. 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. The 15-day filing rule is real but lightly policed, and some issuers rely on other exemptions, so no funding database sees everything, including this one. What Takeoff Radar shows you is the raises that file: on the feed within a day of EDGAR, often ahead of any coverage, sometimes months ahead, and sometimes the only public record there will ever be.
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. The default Suggested view screens to US operating companies whose filing reports first money in within three weeks of the filing date; everything else stays one toggle away under All discoveries, labeled with its reason.