💸 💵 SEC Form D Funding Leads — New Raises Watch

Receive seed-zero, structured records for new and amended public SEC Form D private-offering filings that match your geography, industry, exemption and offering-size rules — with filing-level receipts, not another historical Form D dump.

The actor checks the official EDGAR daily indexes, parses public D / D/A XML as filed, and emits only qualified post-baseline filings and material amendment changes. Each record carries its accession number, source XML URL and a run receipt. SEC describes Form D as a notice of an exempt offering and says accepted filings become public on EDGAR.

Output is one form_d_filing row per result; billing is pay-per-event, the value event being one funding lead (a $0.02 start fee per run, then $0.05 per funding lead).

No login, no API key and no CAPTCHA solving are involved: the source is read logged-out.

Use cases

Venture and funding teams route newly filed offerings; service providers identify issuers with active raises; compliance teams watch amendments; data teams ingest structured private-offering filings.

📊 Sample Output

Real rows from run Tq04mXyDZOhQUOaAD on build 0.1.19 (2026-09-17), the same input as the Quick start below — every value is as the source published it (emails masked, long text shortened):

accession_number	filed_date	issuer_name	entity_type	jurisdiction_of_incorporation	issuer_phone
0001231919-26-001189	2026-09-16	01 Advisors 04, L.P.	Limited Partnership	DELAWARE	510-213-8185
0002153255-26-000001	2026-09-16	12780 San Fernando XC Opportunity Fund, LLC	Limited Liability Company	DELAWARE	562-546-0200
0002153557-26-000001	2026-09-16	AP Growth I a Series of CGF2021 LLC	Limited Liability Company	DELAWARE	(360) 946-0604

The run finished with the status message: CAPPED: cap_reached(maxFilings 10 reached; capped_dates=2026-09-16); emitted=3; rows_seen=251; dates_complete=1/2

✅ What you get

One of three record types, discriminated by record_type: form_d_filing, funding_lead_delta, or source_receipt. Every item carries source_url and observed_at.

Each row is flat JSON with these fields (from the dataset schema and the sample run; a field the source does not publish for a given row is null):

• record_type (string) — Discriminator.
• accession_number (string/null) — SEC accession number (filing composite key).
• form_type (string/null) — Form D filing type.
• filed_date (string/null) — SEC filing date (America/New_York).
• cik (string/null) — Issuer CIK (no leading zeros).
• issuer_name (string/null) — Primary issuer name.
• issuer_previous_names — null in every sample row
• entity_type — e.g. Limited Partnership
• jurisdiction_of_incorporation — e.g. DELAWARE
• year_of_incorporation — e.g. 2026
• issuer_address — e.g. {"street1": "415 JACKSON STREET, 3RD FLOOR", "street2": null, "city": "SAN FRANC
• issuer_phone — e.g. 510-213-8185
• industry_group (string/null) — Issuer-reported industry group.
• industry_type — e.g. Venture Capital Fund
• revenue_range — e.g. Decline to Disclose
• federal_exemptions (array/null) — Filed exemption/exclusion codes (preserved).
• date_of_first_sale (string/null) — Date of first sale, or null when yet-to-sell/omitted.
• yet_to_sell — e.g. True
• offering_duration_over_one_year — e.g. False
• security_types — e.g. ["Pooled Investment Fund Interests"]
• business_combination — e.g. False
• minimum_investment — e.g. 0
• total_offering_amount (number/null) — Total offering amount USD; null when indeterminate.
• total_amount_sold (number/null) — Total amount sold USD; null when omitted.
• total_remaining — e.g. 395000000
• investor_count — e.g. 0
• sales_commission — e.g. 0
• finders_fees — e.g. 0
• gross_proceeds_used_for_payments — e.g. 0
• related_persons — null in every sample row
• sales_compensation_recipients — null in every sample row
• signature_name — null in every sample row
• signature_title — null in every sample row
• signature_date — null in every sample row
• is_amendment — e.g. False
• offering_key (string/null) — Deterministic CIK|first-sale|securities offering key (links amendments).
• parse_warnings (array/null) — Non-fatal parse warnings (e.g. indeterminate amounts).
• filing_index_url — e.g. https://www.sec.gov/Archives/edgar/data/2115466/000123191926001189/index.json
• source_url (string) — Exact public EDGAR request URL supporting this item.
• observed_at (string) — RFC3339 UTC time after shape validation.
• source_hash (string/null) — SHA-256 over buyer-visible mutable offering fields.
• delta_type (string/null) — funding_lead_delta only.
• changed_fields (array/null) — Changed offering fields on a delta.
• qualification_reasons (array/null) — Why this filing qualified as a lead.
• terminal_state (string/null) — source_receipt only.
• canary_passed (boolean/null) — Whether the source-shape canary passed.
• reason_code (string/null) — Stable terminal reason code.

Output

Three record types, discriminated by record_type:

• form_d_filing — a normalized snapshot filing (snapshot mode).
• funding_lead_delta — a post-baseline change, with before/after and changed_fields (watch mode).
• source_receipt — a per-filing-date run receipt (terminal_state, canary_passed, request counters). Always emitted, never billed.

Every item carries source_url and observed_at.

Every run also writes a RUN_RECEIPT record to its key-value store with the source checks it made and the counts it charged — diagnostics never land in the paid dataset.

⚙️ Sample inputs

1. Quick start — the Store example (this is what the sample above came from)

{
  "watchMode": false,
  "firstSaleWithinDays": 30,
  "includeRelatedPersons": false,
  "includeSalesCompensation": false,
  "maxFilingDates": 1,
  "maxFilings": 10
}

The sample run charged exactly: 1 × $0.02 apify-actor-start + 3 × $0.03 form_d_filing + 0 × $0.05 funding_lead + 0 × $0.10 filing_date_check = $0.11 on the Free tier — snapshot preview rows are delivered unbilled; only the source check and the start fee were charged.

2. A smaller, narrowed run

{
  "watchMode": false,
  "firstSaleWithinDays": 30,
  "includeRelatedPersons": false,
  "includeSalesCompensation": false,
  "maxFilingDates": 1,
  "maxFilings": 10
}

A bounded run for checking the field shape before scheduling.

3. Watch mode on a schedule

{
  "watchMode": true,
  "firstSaleWithinDays": 30,
  "includeRelatedPersons": false,
  "includeSalesCompensation": false,
  "maxFilingDates": 1,
  "maxFilings": 10
}

The first run seeds a private baseline and emits zero deltas; every later run emits one row per change, billed at $0.05 each.

🧾 JSON sample record

One real record from run Tq04mXyDZOhQUOaAD, exactly as it lands in the dataset (emails masked, long text shortened):

{
  "record_type": "form_d_filing",
  "schema_version": "1.0",
  "accession_number": "0001231919-26-001189",
  "form_type": "D",
  "filed_date": "2026-09-16",
  "cik": "2115466",
  "issuer_name": "01 Advisors 04, L.P.",
  "issuer_previous_names": [],
  "entity_type": "Limited Partnership",
  "jurisdiction_of_incorporation": "DELAWARE",
  "year_of_incorporation": 2026,
  "issuer_address": {
    "street1": "415 JACKSON STREET, 3RD FLOOR",
    "street2": null,
    "city": "SAN FRANCISCO",
    "state_or_country": "CA",
    "postal_code": "94111"
  },
  "issuer_phone": "510-213-8185",
  "industry_group": "Pooled Investment Fund",
  "industry_type": "Venture Capital Fund",
  "revenue_range": "Decline to Disclose",
  "federal_exemptions": [
    "06b",
    "3C",
    "3C.7"
  ],
  "date_of_first_sale": null,
  "yet_to_sell": true,
  "offering_duration_over_one_year": false,
  "security_types": [
    "Pooled Investment Fund Interests"
  ],
  "business_combination": false,
  "minimum_investment": 0,
  "total_offering_amount": 395000000,
  "total_amount_sold": 0,
  "total_remaining": 395000000,
  "investor_count": 0,
  "sales_commission": 0,
  "finders_fees": 0,
  "gross_proceeds_used_for_payments": 0,
  "related_persons": null,
  "sales_compensation_recipients": null,
  "signature_name": null,
  "signature_title": null,
  "signature_date": null,
  "is_amendment": false,
  "offering_key": "2115466|UNKNOWN|Pooled Investment Fund Interests",
  "parse_warnings": [],
  "filing_index_url": "https://www.sec.gov/Archives/edgar/data/2115466/000123191926001189/index.json",
  "source_url": "https://www.sec.gov/Archives/edgar/data/2115466/000123191926001189/primary_doc.xml",
  "observed_at": "2026-09-17T17:21:27Z",
  "source_hash": "3f88c54d3250199f0254a56dd25a653365d545fe40a6a30057f2660e04cb20bf"
}

🔧 How it works

Transport. Plain HTTPS from the Apify platform, no proxy.

Watch semantics. Snapshot mode (watch_mode: false) returns a preview. Watch mode keys every record on a source-native id, stores a private baseline in a named key-value store, and on each later run emits one delta row per change (new / changed / removed). A blocked fetch is never diffed, so a source outage cannot show up as a mass removal.

Terminal states. A run ends NORMAL, CAPPED (your cap was reached), PARTIAL (something was withheld and the message says what), GENUINE_EMPTY (the source was read and truly had nothing in scope) or BLOCKED (the source refused or changed shape — the run FAILS loud and bills nothing). A zero-row run is never reported as a silent success.

Charging. Each funding lead is charged at the moment it is pushed (funding_lead); a row that fails to charge is not delivered, so the dataset count always equals the charged count.

How it works

1. Reads the EDGAR daily-index directory for the requested quarter and selects the in-scope form.YYYYMMDD.idx files (bounded, oldest first).
2. Parses the fixed-width form index and keeps only D / D/A rows.
3. Fetches each matching filing directory and its primary Form D XML, parsing only Form D elements — issuer, offering, exemptions, amounts, dates, participants.
4. Normalizes, applies your local lead filters, and (in watch mode) compares to a private baseline to emit NEW_OFFERING, AMENDMENT, OFFERING_INCREASED, AMOUNT_SOLD_INCREASED, OFFERING_CLOSED or FILER_CORRECTION deltas.

The first watch run seeds silently (zero alerts). Later runs emit only new and changed offerings.

Honest limits

A Form D is an issuer-filed notice, not proof that the target was raised, of company quality, of investor intent, or of complete private financing. Some issuers omit revenue or amount details (Indefinite amounts become null with a parse warning). Amendments are linked conservatively by a deterministic offering key; an amendment we cannot link is emitted with before=null and a warning. No contact enrichment, scoring or recommendations. EDGAR delays, outages and fair-access controls fail loud (BLOCKED / PARTIAL), never a silent empty success.

Compliance

Public, logged-out EDGAR only. A descriptive User-Agent with a real contact is required by SEC fair-access and must be supplied via secUserAgent (or the SEC_USER_AGENT env var); a missing or placeholder value fails before any network call. The actor self-throttles to 2 requests/second (below SEC's 10/s ceiling). No login, key, CAPTCHA or paywall defeating; no licensed source; the actor stops on SEC objection.

Preview vs Watch mode

• Preview / snapshot (watchMode = false): returns current Form D filings for the filter (billed per form_d_filing). No baseline retained.
• Watch (watchMode = true, default): seeds a private baseline on the first run (zero deltas), then emits only qualified funding_lead rows against it. filing_date_check bills per completed filing date. source_receipt diagnostics go to the RUN_RECEIPT key-value record and log — never the dataset.

What is not done. No login, no cookie or CAPTCHA bypass, no private or personal-account data, no browser automation.

⏰ Set it on a schedule

A single run is a snapshot. The value is the feed: open the actor in Apify Console → Schedules → Create new, add this actor with input 3 above (watch_mode: true), and pick a cadence:

• Daily — 0 7 * * * (07:00 UTC): catch changes within a day.
• Weekly — 0 7 * * 1: a Monday digest.

Each run is independent; keep the same input on the schedule so the results stay comparable. Schedules can also POST results to a webhook (Console → Integrations).

💰 Pricing example

Event	Free	Bronze	Silver	Gold
Actor Start (apify-actor-start)	$0.02	$0.02	$0.02	$0.02
Lead source record (form_d_filing)	$0.03	$0.03	$0.02	$0.02
Funding lead (funding_lead)	$0.05	$0.04	$0.04	$0.03
Lead source check (filing_date_check)	$0.10	$0.09	$0.08	$0.07

Worked at the live Free-tier price (watch mode, one delta per change):

• 3 funding leads: $0.02 start + 3 × $0.05 = $0.17
• 25 funding leads: $0.02 start + 25 × $0.05 = $1.27
• 100 funding leads: $0.02 start + 100 × $0.05 = $5.02

A run that delivers zero rows charges the $0.02 start fee only. A BLOCKED run (source refused) fails loud and charges no value event. The start fee is charged once per GB of run memory; the default run memory is 512 MB.

Yield on the sample run: CAPPED: cap_reached(maxFilings 10 reached; capped_dates=2026-09-16); emitted=3; rows_seen=251; dates_complete=1/2.

⚖️ Legal & ToS

This actor reads public data only. It collects only what the source publishes to any visitor, identifies itself, and does not access accounts, private data or anything behind authentication. Use the output in line with the source's terms and your local law; the intended use is B2B research and monitoring.

❓ FAQ

Q: Do I need an API key or a login?
A: No. the input schema has no key field and the actor carries no secrets.

Q: Why did my run return 0 rows?
A: Read the run's status message. GENUINE_EMPTY means the source was read and had nothing in scope for your input (in watch mode the first run always seeds the baseline and returns zero deltas); BLOCKED means the source refused and the run failed without billing a value event — retry later or narrow the input. A zero-row run bills the start fee only.

Q: What does watch mode remember between runs?
A: A private baseline of source-native record ids in a named key-value store. Each later run diffs the live source against it and emits only changes.

Q: How fresh is the data?
A: Every run reads the source live at run time; nothing is cached between runs except the watch baseline. Put it on a schedule for a continuous feed.

Q: What formats can I export?
A: The dataset downloads as JSON, CSV, Excel, XML or RSS from the run's Dataset tab or the Apify API, and any run can push to a webhook or integration.

Q: How is this different from the other startup funding leads actors?
A: Same output shape and billing model; this one covers 💵 SEC Form D Funding Leads — New Raises Watch. The siblings under Related Actors cover the other sources or slices — run several on one schedule for a combined feed.

Q: Are there rate limits?
A: The actor paces itself against the source; there is no per-buyer limit beyond your Apify plan's concurrency.

🆘 Troubleshooting

• Run FAILED with BLOCKED → the source refused the request or changed its page shape → nothing was billed beyond the start fee; retry after a while, and if it persists open an Issue with the run id.
• Fewer rows than expected → the source had fewer items in scope → widen the input.
• Input validation error on start → a field is outside the schema's allowed values → start from the Quick start block and change one field at a time.
• Run TIMED-OUT → a very wide request on a slow day → raise the run timeout in Run options or narrow the input; what was delivered before the timeout is still in the dataset.
• First watch run shows no deltas → expected: it seeds the baseline; changes appear from the second run.

🔗 Related Actors

• Cybersecurity Funding Leads — Cybersecurity funding leads from SEC Form D: one row per new Form D filed by a technology-group issuer whose legal name carries a security/identity/t…
• European Startup Funding Tracker — Clean, structured European startup funding rounds from EU-Startups' public feed — one record per deal, extracted from feed fields only. The article p…
• Fintech Funding Leads — Fintech & financial-services funding leads from SEC Form D: one row per new Form D filed by a Commercial Banking, Insurance, Investment Banking or Ot…
• Funding Leads Report — Scored SEC Form D Raises — One report call surfaces the newly-funded companies in your sector and geography from SEC Form D filings — a dated, sourced funding-leads book
• LatAm Startup Funding Tracker — Latin American startup funding rounds — company, amount, currency, location, date, source. Ready for CRM and market mapping
• Seed & Pre-Seed Funding Leads — Seed and pre-seed funding leads from SEC Form D: one row per new operating-company Form D with a total offering of $3M or less — issuer, CIK, city/st…
• 🏢 About NexGenData — NexGen Watch is NexGenData's fleet of 256 public monitoring and lookup actors built on official sources, pay-per-result. Browse the catalog at apify.com/nexgenwatch.

⭐ Found this useful?

If this actor saved you a manual check, a quick review on the Apify Store helps other teams find it. Feature request or a source that changed? Open it from the Issues tab — every one is read.