U.S. Sen. Elizabeth Warren raised $21.2 million in the fourth quarter of 2019, ending the year behind her top-tier Democratic rivals with a dip in donations reflective of her struggling campaign.
Warren’s campaign said days before the deadline she had just $17 million — far short of the $24.6 million she raked in during the third quarter, the second-highest sum in the field. Her team had set a goal of $20 million, acknowledging the campaign would fall short of the previous quarter.
The Massachusetts Democrat ultimately exceeded her goal, buoyed by 443,000 donors who made nearly 900,000 contributions. The average donation to her campaign was $23.
Warren has raised more than $71 million throughout her presidential bid from nearly one million donors, she said Friday on Twitter.
“I’m so deeply grateful for everyone supporting our campaign,” she said. “Team Warren is ready to dream big, fight hard, and win!”
But Warren came up short compared to her key Democratic rivals, several of whom posted their best quarters yet.
U.S. Sen. Bernie Sanders blew away the field with $34.5 million, the highest quarterly sum for a Democrat this cycle. Former South Bend, Ind., Mayor Pete Buttigieg — who has been feuding with Warren for weeks over campaign finance transparency — finished with $24.7 million. And former Vice President Joe Biden rebounded from a lackluster third quarter to close out the year with $22.7 million, his best quarter yet.
Warren’s fundraising dip reflects the slowing momentum around her campaign, which was battered throughout the fall over “Medicare for All.” Once statistically tying Biden as the polling leader, Warren slipped in both national and early state polls as the moderate Buttigieg rose.
Another moderate rival, U.S. Sen. Amy Klobuchar, raised $11.4 million in the fourth quarter, more than doubling her third quarter total, her campaign announced Friday. Entrepreneur Andrew Yang raised $16.5 million, his best quarter yet.