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Politico
POLITICO
15 Oct 2023
Adam Wren


NextImg:Ramaswamy reports uptick in small donors, $4.2 million cash on hand

Vivek Ramaswamy kicked less of his own money into his presidential campaign last fundraising quarter, relying more on a newfound small-dollar donor base.

The wealthy biotech entrepreneur raised $2.8 million from donors giving less than $200, he reported Sunday, a larger small-dollar donor haul than Florida Gov. Ron DeSantis, who raised more from bigger donors.

In all, Ramaswamy pulled in about $6.4 million from donors, while giving a little more than $1 million of his own money to his campaign. That personal contribution is on top of the $15 million-plus he previously loaned his effort.

The campaign, which ended the third quarter with $4.2 million cash on hand, said that it drew donations from more than 78,000 unique, small-dollar donors and that nearly 40 percent of its donors are first-time donors to the GOP.

The fundraising haul is an improvement for Ramaswamy from the previous quarter, when he added $5 million of his own money and raised $2.3 million from donors.