The Ledger
The private capital market as data. Each breakdown below is built from public records, recomputed as they are published, and opens into tables you can sort, filter and copy.
Indicators
How each is measured →Data breakdowns
7 datasets, 74 tables, 4,548 rows.
Private credit, loan by loan
Every loan held by the US business development companies: what private credit costs by lien, industry, size and lender, how much is paid in kind, and when it falls due.
US private raises, state by state
Every US state's private market since 2015, mapped: how many raise, how much, how often they fill, how many advertise, and what each state raises money for.
US private raises, by industry, place and size
Every private raise by a US operating company: how often it fills, how many investors, the cheque size, advertising and agents, by industry, state, city, size, revenue and stage.
What money costs a company, month by month
What a company pays to borrow in the US, the UK and the euro area, month by month since 2015: base rates, bank loan rates for small and large firms, bond spreads, and whether banks are tightening.
Equity crowdfunding, offering by offering
Every US equity crowdfunding offering since 2016: how much companies set out to raise and actually raise, what they offer (shares, SAFEs, notes, debt), what the portals charge, and who uses it.
Regulation A, the public offering without the listing
Regulation A, the public offering without the listing: who uses it, how large, what it costs, and how little of what is registered is actually sold.
Power projects waiting for money
Power projects in the Texas and New York queues that have a grid connection and still need the money to build: by fuel, county, size and developer.
Updated 8 November 2026. Every table says what it counts. Figures are as reported by the filers; where we calculate, we say how.