Biden Campaign Raises $364.5 Million in August, Setting Record

(Bloomberg) -- Joe Biden and the Democratic National Committee raised a record-breaking $364.5 million in August, the campaign announced Wednesday.

Biden’s campaign said more than $205 million came from online donations, and more than 1.5 million people made their first donation.

“That figure blows me away,” Biden wrote in an email to supporters. “And we raised it the right way, from people across the country stepping up to own a piece of this campaign, investing in the future we want to see for our kids and grandkids.”

The haul breaks the previous monthly fundraising record, set in September 2008 when Barack Obama’s campaign pulled in $193 million.

“But we’re not done yet, there is still much work to do in the 9 weeks ahead,” Biden wrote. He warned that President Donald Trump still has significant resources and would be using it for negative “attacks and smears.”

Trump’s campaign has not yet announced its fundraising numbers for August.

The record-breaking haul follows the rollout of Biden’s vice-presidential pick, Kamala Harris, and the four-day Democratic National Convention. The campaign previously announced it raised $48 million in the two days after Harris’s announcement and $70 million after the convention.

Bloomberg News first reported the campaign raised more than $350 million on Tuesday.

Biden and the party began August with $294 million after closing the massive fundraising gap he had when he entered the race against Trump. Republicans began the month with more than $300 million, according to the campaigns.

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