Ramaswamy’s donor network includes about 120,000 unique contributors, with 98% giving under $200, and notable gifts from a leading NetJets executive and other high-profile contributors.

Vivek Ramaswamy is stacking a substantial cash advantage in early 2026, backed by a personal $25 million loan to his campaign and a Super PAC, V-PAC, that has raised about $29.5 million and holds roughly $23 million on hand as of March.

In Ohio’s gubernatorial race, Ramaswamy reported about $5 million raised from donors in the first quarter, reinforcing his cash edge despite Acton’s competing fundraising push within the district.

Ramaswamy, a Republican candidate, posted roughly $5 million in Q1 fundraising alongside a $25 million loan to his campaign, while V-PAC continued to amass funds and maintain a significant cash reserve.

The reporting raises questions about Ramaswamy’s private-jet use and the financials of V Leasing LLC, alongside scrutiny of the Strategy Group’s ad production and related spending.

Ramaswamy’s Q1 spending reached about $12.5 million, including a $10 million ad buy, with a large share going to The Strategy Group amid controversy surrounding that firm.

V-PAC and other outside groups contribute to a substantial fundraising ecosystem, underscoring the influence of Super PACs and billionaire donors in the race.

Acton’s fundraising included over 195,000 donations in Q1, with significant contributions from labor unions and executives at Amazon, Kroger, and Alpha Generation, while her top expense was roughly $1.4 million on digital ads.

The campaign highlights support from high-net-worth individuals and corporate figures, including a grant linked to Rob McColley’s campaign fund and a major NetJets executive, fueling the fundraising apparatus.

V-PAC and allied outside spending feature large contributions from Jeff Yass (at least $20 million) as well as funding from Scotts Company and the Sports Betting Alliance, illustrating the extent of outside influence.

Acton’s donors included labor PACs and executives from big employers; her campaign also spent nearly $20,000 on commercial airline travel as part of campaign activities.

Amy Acton raised $5.2 million in Q1 and more than $10 million overall, marking a historic fundraising level for a Democratic candidate at this stage, with major support from labor PACs and executives at major companies.