Buttigieg announces $24.7 million fundraising haul

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Buttigieg announces $24.7 million fundraising haul
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Pete Buttigieg raised more than $24.7 million during the final three months of 2019, his campaign announced early Wednesday morning -- cementing his standing as one of the fundraising leaders of the 2020 Democratic presidential race.

The amount Buttigieg collected exceeds the $19.2 million that the outgoing South Bend, Indiana, mayor raised during the previous three-month period. Buttigieg is the first candidate to disclose his year-end fundraising total, as he seeks to demonstrate financial strength before primary voting kicks off in February.In all, Buttigieg raised more than $76 million from more than 733,000 individuals in the last year, his campaign manager Mike Schmuhl said in a memo.

The nomination battle kicks off next month with the Iowa caucuses on February 3.Read MoreOther candidates have offered clues about their fundraising in recent days.In a rare move, Massachusetts Sen. Elizabeth Warren's campaign publicly announced late last month that it had collected more than $17 million. Candidates typically keep those numbers private, but Warren's campaign released an early number in a bid to encourage supporters to help her hit the $20 million mark by year's end.

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