Oct 3, 2019

Joe Biden's campaign says it raised $15.2 million in Q3

Former Vice President Joe Biden. Photo: Win McNamee/Getty Images

Joe Biden's campaign said on Thursday it has raised $15.2 million in Q3, setting the former vice president in 3rd place among the 2020 Democrats who have released their totals thus far.

The state of play: Sen. Bernie Sanders currently leads all 2020 Democrats in Q3 fundraising with $25.3 million, followed by Mayor Pete Buttigieg with $19.1 million. President Trump's re-election campaign and the Republican National Committee recently said they raised a whopping $125 million for Q3, setting a new presidential fundraising record.

  • The Biden campaign reported an average donation of $44.
  • Biden's campaign manager said in a Thursday press release that the campaign has gone forward with "a $6 million ad buy across television and digital in the early states."

Between the lines: Online donations helped Democrats break fundraising records in 2018 and it’s fueling a lot of 2020 candidates now. But, as the New York Times reports, Biden has scaled back on digital ads in favor of more traditional TV advertising in places like Iowa. That might be a play to his older supporters, but he would be likelier to meet young voters where they are online.

  • Biden's team has admitted he’s so far not performing well with younger voters: "It’s not any secret that Biden’s support is strong with older voters," a Biden campaign official said in September. "It’s a big base to have. But we need to do a better job and we will, because we’re not as strong among younger voters.” 
  • Meanwhile, Tara McGowan, a Democratic digital strategist, told Axios she’s "starting to see more primary candidates focus spending and messaging on Facebook to target Iowa voters specifically, which was expected but interesting to note this early."

Where other Democratic candidates stand:

Go deeper: Trump campaign, RNC say they raised record-breaking $125 million in Q3

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Beto O'Rourke campaign says it raised $4.5 million in Q3

Beto O'Rourke speaks at CNN's LGBTQ town hall on Oct. 10, 2019. Photo: Mario Tama/Getty Images

Former Rep. Beto O'Rourke's campaign said on Friday that it raised $4.5 million in Q3, which puts the candidate in the bottom rung of 2020 Democrats' fundraising for the quarter.

The state of play: Sen. Bernie Sanders currently leads all 2020 Democrats in Q3 fundraising with $25.3 million, followed by Elizabeth Warren with $24.6 million, and Mayor Pete Buttigieg with $19.1 million. President Trump's re-election campaign and the Republican National Committee recently said they raised a whopping $125 million for Q3, setting a new presidential fundraising record.

Go deeperArrowOct 12, 2019

Trump campaign, RNC say they raised record-breaking $125 million in Q3

Trump leaves a rally in Fayetteville, North Carolina, Sept. 9. Photo: Preston Ehrler/SOPA Images/LightRocket via Getty Images

President Trump's re-election campaign and the Republican National Committee said they raised $125 million in the third quarter of 2019 on Tuesday, setting a new presidential fundraising record, with $158 million combined cash on hand.

Context: Former President Obama and the Democratic National Committee raised approximately $70 million for his re-election campaign in 2011's third quarter. "Trump is going to have more resources to deploy earlier and more aggressively than any candidate in history," Dan Pfeiffer, a former senior adviser to Obama, tweeted in response to the news on Oct. 1, when the campaign first announced the haul.

Go deeperArrowUpdated Oct 16, 2019

Elizabeth Warren's campaign says it raised $24.6 million in Q3

Elizabeth Warren in Las Vegas for the Giffords/March for Our Lives forum. Photo: Ethan Miller/Getty Images

Elizabeth Warren's campaign said on Friday that it raised $24.6 million in the third quarter of 2019, putting her just behind Bernie Sanders for this quarter's fundraising among 2020 Democrats.

Why it matters: Warren swore off "big money fundraisers" at the start of this cycle, but she's managed to rake in a massive amount of money from grassroots, small-dollar donors.

Go deeperArrowOct 4, 2019