Andrew Yang raises $2.8 million in second quarter

Andrew Yang raises $2.8 million in second quarter
© Aaron Schwartz

Former tech executive Andrew YangAndrew YangPoll: Majority of voters now say the government should have a universal basic income program The Hill's Campaign Report: Trump threatens Postal Service funding l Biden proposes national mask mandate l Democratic convention takes shape Bloomberg to speak at Democratic convention MORE raised $2.8 million for his White House bid over the past three months, an improvement from the previous quarter but significantly less than the amount brought in by top-tier candidates.

The vast majority of contributions to Yang’s campaign — 81 percent — came from donors giving $200 or less, his campaign said. A more detailed look into his campaign’s finances will be available on July 15, the deadline for filing second-quarter fundraising reports with the Federal Election Commission.

ADVERTISEMENT

While Yang’s second-quarter haul pales in comparison to the fundraising totals of better-known candidates — $21.5 million for former Vice President Joe BidenJoe BidenOn The Money: Economists flabbergasted after Congress leaves with no deal | Markets rise as the economy struggles | Retail sales slow in July Congress exits with no deal, leaving economists flabbergasted Trump touts NYC police union endorsement: 'Pro-cop all the way' MORE and $19.1 million for Sen. Elizabeth WarrenElizabeth WarrenOvernight Energy: Major oil companies oppose Trump admin's methane rollback | Union files unfair labor practice charge against EPA USPS inspector general reviewing DeJoy's policy changes Former Obama speechwriter Favreau: 'Hilarious' some media outlets calling Harris a moderate MORE (D-Mass.) — it’s a marked increase from the first quarter of the year, when he raised less than $1.8 million.

Yang’s recent fundraising total puts him on par with Sen. Michael BennetMichael Farrand BennetKamala Harris makes history — as a Westerner Expanding our health force can save lives and create jobs simultaneously How Congress is preventing a Medicare bankruptcy during COVID-19 MORE (D-Colo.), who also raised $2.8 million over the past three months. It also eclipses the second-quarter numbers of more established candidates like former Colorado Gov. John HickenlooperJohn HickenlooperDemocrats struggle to harness enthusiasm of Gen Z voters Kamala Harris makes history — as a Westerner Coronavirus deal key to Republicans protecting Senate majority MORE and Montana Gov. Steve BullockSteve BullockLincoln Project expands GOP target list, winning Trump ire Republicans uncomfortably playing defense 300 green groups say Senate has 'moral duty' to reject Trump's public lands nominee MORE, who raised $1 million and $2 million, respectively.

Yang entered the race for the Democratic presidential nomination in 2017 with virtually no national political profile, but has built up a steady base of support that helped him surpass the 65,000-donor threshold necessary to qualify for the first two primary debates.

Yang has already reached the 130,000-donor threshold to qualify for the third Democratic primary debate in September.

--Updated at 7:37 p.m.