Just one day after President Joe Biden announced he would not run for re-election, the Democratic Party raised $100 million from donors through its primary fundraising platform, ActBlue. This amount, reported by a live tracker maintained by Ryan Murphy at The Marshall Project, reflects contributions made over the past two days, although it is not an official tally and is based on ActBlue’s own records since 2004.
On Sunday, in a significant boost for Vice President Kamala Harris’s presidential campaign, donors contributed $66.9 million—making it the largest single-day fundraising total recorded in the 2024 election cycle for ActBlue. The previous high for recent fundraising occurred on September 30, 2020, when Joe Biden and Donald Trump faced off in their first presidential debate.
The surge on Sunday helped ActBlue surpass $14 billion in total funds raised since its launch two decades ago. In contrast, WinRed, the Republican fundraising platform that started in late 2019, has amassed approximately $4.3 billion, according to data from OpenSecrets.
ActBlue expressed excitement in a statement on social media, noting that many people were making their first donations over the weekend. The platform highlighted the inspiring influx of new small-dollar donors joining the grassroots movement.
Additionally, Future Forward, a super PAC aligned with Biden, reported $150 million in new commitments from major donors within 24 hours following his announcement and endorsement of Harris. Swing Left, which supports the eventual Democratic nominee, stated it collected over $160,000 in the same timeframe.
Roger Altman, founder of Evercore, assured on Monday that Harris’s campaign would be “very well financed” and offered his backing. Major Democratic donors, including George and Alex Soros, have also pledged their support to Harris.
Biden’s previous notable fundraising spikes occurred after his debate losses to Trump, including $28 million raised after being defeated in a June 27 televised debate. Following Trump’s recent conviction on multiple felony counts, Biden raised $19.2 million, while Trump and his affiliated groups gathered $69 million in the days immediately following.
In total, pro-Biden groups collected $332.4 million between April and June, compared to $431.2 million raised by pro-Trump groups. By the end of June, Biden had $281 million in hand, whereas Trump had $336.2 million.