Warren announces almost $25 million fundraising haul, trailing Sanders but dwarfing Biden

LOS ANGELES — Sen. Elizabeth Warren, D-Mass., has raised $24.6 million during the past three months, her campaign said Friday, beating her last quarter haul of $19.1 million and quadrupling her $6 million total from the first quarter of the year.

The announcement comes as Warren, who has eschewed high-dollar events in favor of targeting small-dollar donations — continues to solidify her place at or near the top of the Democratic presidential field in both polling and fundraising. She was outpaced only by fellow progressive Sen. Bernie Sanders — who leads the pack with $25.3 million raised in the third quarter — and dwarfed the fundraising totals announced Thursday by former Vice President Joe Biden's campaign. Biden raised $15.2 million in the third quarter.

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Elizabeth Warren's 2020 presidential campaign
Democratic presidential candidate Elizabeth Warren, D-Mass., speaks during a rally Monday, Aug. 19, 2019, at Macalaster College during a campaign appearance in St. Paul, Minn. (AP Photo/Jim Mone)
Democratic presidential candidate Elizabeth Warren, D-Mass., speaks during a rally Monday, Aug. 19, 2019 at Macalaster College during a campaign appearance in St. Paul, Minn. (AP Photo/Jim Mone)
Supporters wave signs before Democratic presidential candidate Elizabeth Warren, D-Mass., speaks at a rally Monday, Aug. 19, 2019, at Macalaster College during a campaign appearance in St. Paul, Minn. (AP Photo/Jim Mone)
Democratic presidential candidate Elizabeth Warren, D-Mass., speaks during a rally Monday, Aug. 19, 2019, at Macalaster College during a campaign appearance in St. Paul, Minn. (AP Photo/Jim Mone)
Sen. Elizabeth Warren (D-Mass.) comes out to a standing ovation, lays out her recently release immigration plan even as immigration protesters shouted her down at the Netroots Nation 2019 Presidential candidates forum in Philadelphia, PA on July 13, 2019. (Photo by Cory Clark/NurPhoto via Getty Images)
PETERBOROUGH, NH - JULY 8: U.S. Senator and presidential candidate Elizabeth Warren appears during her town hall event at the Peterborough Town House in Peterborough, NH on July 8, 2019. (Photo by Erin Clark for The Boston Globe via Getty Images)
PETERBOROUGH, NH - JULY 8: Jo-Ann Finn pins an Elizabeth Warren pin onto her shirt before attending a town hall event held by U.S. Senator and presidential candidate Elizabeth Warren at the Peterborough Town House in Peterborough, NH on July 8, 2019. (Photo by Erin Clark for The Boston Globe via Getty Images)
PETERBOROUGH, NH - JULY 8: U.S. Senator and presidential candidate Elizabeth Warren speaks during her town hall event at the Peterborough Town House in Peterborough, NH on July 8, 2019. (Photo by Erin Clark for The Boston Globe via Getty Images)
PETERBOROUGH, NH - JULY 8: U.S. Senator and presidential candidate Elizabeth Warren appears during her town hall event at the Peterborough Town House in Peterborough, NH on July 8, 2019. (Photo by Erin Clark for The Boston Globe via Getty Images)
PETERBOROUGH, NH - JULY 8: A supporter waves her fan during a town hall event held by U.S. Senator and presidential candidate Elizabeth Warren at the Peterborough Town House in Peterborough, NH on July 8, 2019. (Photo by Erin Clark for The Boston Globe via Getty Images)
PETERBOROUGH, NH - JULY 8: Attendees hold up signs during a town hall event held by U.S. Senator and presidential candidate Elizabeth Warren at the Peterborough Town House in Peterborough, NH on July 8, 2019. (Photo by Erin Clark for The Boston Globe via Getty Images)
NEW ORLEANS, LOUISIANA - JULY 06: Senator Elizabeth Warren speaks at the 25th Essence Festival at Ernest N. Morial Convention Center on July 06, 2019 in New Orleans, Louisiana. (Photo by Josh Brasted/FilmMagic)
UNITED STATES - JULY 4: Supporters of presidential candidate Sen. Elizabeth Warren, D-Mass., chant during the Boulder City Damboree Celebration 4th of July parade in Boulder City, NV on July 4, 2019. (Photo By Bill Clark/CQ Roll Call)
UNITED STATES - JULY 4: Supporters of presidential candidate Sen. Elizabeth Warren, D-Mass., chant before the start of the start of the Boulder City Damboree Celebration 4th of July parade in Boulder City, NV on July 4, 2019. (Photo By Bill Clark/CQ Roll Call)
LAS VEGAS, NEVADA - JULY 02: Democratic presidential candidate U.S. Sen. Elizabeth Warren (D-MA) speaks during a community conversation at the East Las Vegas Community Center on July 2, 2019 in Las Vegas, Nevada. Polls taken after last week's first Democratic presidential debates show Warren gaining ground with voters. (Photo by Ethan Miller/Getty Images)
LAS VEGAS, NEVADA - JULY 02: Marilyn Beilstein (L) of Nevada poses for a photo with Democratic presidential candidate U.S. Sen. Elizabeth Warren (D-MA) after she spoke at a community conversation at the East Las Vegas Community Center on July 2, 2019 in Las Vegas, Nevada. Polls taken after last week's first Democratic presidential debates show Warren gaining ground with voters. (Photo by Ethan Miller/Getty Images)
LAS VEGAS, NEVADA - JULY 02: Democratic presidential candidate U.S. Sen. Elizabeth Warren (D-MA) speaks to members of the media after holding a community conversation at the East Las Vegas Community Center on July 2, 2019 in Las Vegas, Nevada. Polls taken after last week's first Democratic presidential debates show Warren gaining ground with voters. (Photo by Ethan Miller/Getty Images)
LAS VEGAS, NEVADA - JULY 02: Democratic presidential candidate U.S. Sen. Elizabeth Warren (D-MA) (C) poses with attendees after she spoke at a community conversation at the East Las Vegas Community Center on July 2, 2019 in Las Vegas, Nevada. Polls taken after last week's first Democratic presidential debates show Warren gaining ground with voters. (Photo by Ethan Miller/Getty Images)
LAS VEGAS, NEVADA - JULY 02: Democratic presidential candidate U.S. Sen. Elizabeth Warren (D-MA) hugs Clark County Democrats Chairwoman Donna West after Warren spoke at a community conversation at the East Las Vegas Community Center on July 2, 2019 in Las Vegas, Nevada. Polls taken after last week's first Democratic presidential debates show Warren gaining ground with voters. (Photo by Ethan Miller/Getty Images)
LAS VEGAS, NEVADA - JULY 02: Democratic presidential candidate U.S. Sen. Elizabeth Warren (D-MA) (L) talks with former Clark County Commissioner Chris Giunchigliani after Warren spoke at a community conversation at the East Las Vegas Community Center on July 2, 2019 in Las Vegas, Nevada. Polls taken after last week's first Democratic presidential debates show Warren gaining ground with voters. (Photo by Ethan Miller/Getty Images)
NBC NEWS ELECTION COVERAGE -- The First Democratic Debate -- Pictured: Elizabeth Warren at The Knight Concert Hall, Miami Florida on Wednesday, June 26,, 2019-- (Photo by: Gustavo Cabellero /NBC News/MSNBC/Telemundo/NBCU Photo Bank via Getty Images)
Democratic presidential hopeful US Senator from Massachusetts Elizabeth Warren with NBC anchor Chris Matthews in the Spin Room after participating in the first Democratic primary debate of the 2020 presidential campaign season hosted by NBC News at the Adrienne Arsht Center for the Performing Arts in Miami, Florida, June 26, 2019. (Photo by SAUL LOEB / AFP) (Photo credit should read SAUL LOEB/AFP/Getty Images)
Sen. Elizabeth Warren (D-Mass.) is seen on a television at a watch party for the first Democratic presidential primary debates for the 2020 elections in Miami on Wednesday, June 26, 2019. (John McCall/Sun Sentinel/TNS via Getty Images)
Democratic presidential hopeful US Senator from Massachusetts Elizabeth Warren speaks in the first Democratic primary debate of the 2020 presidential campaign season hosted by NBC News at the Adrienne Arsht Center for the Performing Arts in Miami, Florida, June 26, 2019. (Photo by JIM WATSON / AFP) (Photo credit should read JIM WATSON/AFP/Getty Images)
MIAMI, FLORIDA - JUNE 26: Sen. Elizabeth Warren (D-MA) speaks during the first night of the Democratic presidential debate on June 26, 2019 in Miami, Florida. A field of 20 Democratic presidential candidates was split into two groups of 10 for the first debate of the 2020 election, taking place over two nights at Knight Concert Hall of the Adrienne Arsht Center for the Performing Arts of Miami-Dade County, hosted by NBC News, MSNBC, and Telemundo. (Photo by Joe Raedle/Getty Images)
Democratic presidential hopeful US Senator from Massachusetts Elizabeth Warren is shown on a screen in the spin room during the first Democratic primary debate of the 2020 presidential campaign season hosted by NBC News at the Adrienne Arsht Center for the Performing Arts in Miami, Florida, June 26, 2019. (Photo by SAUL LOEB / AFP) (Photo credit should read SAUL LOEB/AFP/Getty Images)
MIAMI, FL - JUNE 26: Democratic presidential candidate and U.S. Senator Elizabeth Warren (D-MA) is displayed on a monitor inside the spin room during the first Democratic presidential primary debate for the 2020 election at the Adrienne Arsht Center for the Performing Arts, June 26, 2019 in Miami, Florida. A field of 20 Democratic presidential candidates was split into two groups of 10 for the first debate of the 2020 election, taking place over two nights at Knight Concert Hall of the Adrienne Arsht Center for the Performing Arts of Miami-Dade County, hosted by NBC News, MSNBC, and Telemundo. (Photo by Drew Angerer/Getty Images)
MIAMI, FLORIDA - JUNE 26: Sen. Elizabeth Warren (D-MA) takes the stage during the first night of the Democratic presidential debate on June 26, 2019 in Miami, Florida. A field of 20 Democratic presidential candidates was split into two groups of 10 for the first debate of the 2020 election, taking place over two nights at Knight Concert Hall of the Adrienne Arsht Center for the Performing Arts of Miami-Dade County, hosted by NBC News, MSNBC, and Telemundo. (Photo by Drew Angerer/Getty Images)
Democratic presidential candidate Elizabeth Warren is swarmed by the press while visiting at the Homestead Detention Center ahead of the first Democratic debate on June 26, 2019 in Homestead, Fla. (Daniel A Varela/Miami Herald/TNS via Getty Images)
Senator of Massachusetts and Democratic presidential hopeful Elizabeth Warren stands on a ladder with an unidentified girl, and gestures to migrant children in front of a detention center in Homestead, Florida on June 26, 2019. - Democrats are in Miami, Florida for their first debate -- and first inflection point -- of the 2020 election cycle, with ex-vice president Joe Biden taking the stage as frontrunner for the first time. Ten candidates including Senator Elizabeth Warren square off Wednesday, while Thursday's 10 feature Biden and three others polling in the top five. (Photo by RHONA WISE / AFP) (Photo credit should read RHONA WISE/AFP/Getty Images)
TOPSHOT - Senator of Massachusetts (D) and Democratic Presidential hopeful Elizabeth Warren gestures as she speaks during a town hall meeting at Florida International University in Miami, Florida on June 25, 2019. (Photo by RHONA WISE / AFP) (Photo credit should read RHONA WISE/AFP/Getty Images)
Senator Elizabeth Warren addresses the crowd at the We Decide: Planned Parenthood Action Fund 2020 Election Forum to Focus on Abortion and Reproductive Rights event in Columbia, SC on June, 22 2019. - Many of the Democratic candidates running for president are in Columbia to make appearances at the South Carolina Democratic Party Convention and the Planned Parenthood Election Forum on June 22. (Photo by Logan Cyrus / AFP) (Photo credit should read LOGAN CYRUS/AFP/Getty Images)
COLUMBIA, SC - JUNE 22: Democratic presidential candidate, Sen. Elizabeth Warren (D-MA) addresses the crowd at the 2019 South Carolina Democratic Party State Convention on June 22, 2019 in Columbia, South Carolina. Democratic presidential hopefuls are converging on South Carolina this weekend for a host of events where the candidates can directly address an important voting bloc in the Democratic primary. (Photo by Sean Rayford/Getty Images)
COLUMBIA, SC - JUNE 22: Supporters of Democratic presidential candidate Sen. Elizabeth Warren (D-MA) rally outside of the 2019 South Carolina Democratic Party State Convention on June 22, 2019 in Columbia, South Carolina. Democratic presidential hopefuls are converging on South Carolina this weekend for a host of events where the candidates can directly address an important voting bloc in the Democratic primary. (Photo by Sean Rayford/Getty Images)
MIAMI, FL - JUNE 21: Democratic U.S. presidential candidate Sen. Elizabeth Warren (D-MA) speaks at the Democratic presidential candidates NALEO Candidate Forum on June 21, 2019 in Miami, Florida. At left is moderator Arturo Vargas and at right is Vanessa Hauc. (Photo by Joe Skipper/Getty Images)
CHARLESTON, SC - JUNE 15: Democratic presidential candidate Sen. Elizabeth Warren (D-MA) waves to the audience during the Black Economic Alliance Forum on June 15, 2019 in Charleston, South Carolina. The Black Economic Alliance, is a nonpartisan group founded by Black executives and business leaders, and is hosting the forum in order to help Black voters understand candidate's platforms. (Photo by Sean Rayford/Getty Images)
WINDHAM, NH - JUNE 14: Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during a house party in Windham, New Hampshire on June 14, 2019. (Staff Photo By Christopher Evans/MediaNews Group/Boston Herald via Getty Images)
DYERSVILLE, IOWA - JUNE 10: Democratic presidential candidate Senator Elizabeth Warren (D-MA) speaks with Raymond Defenbaugh during a visit to the Big River United Energy ethanol facility during a campaign stop on June 10, 2019 in Dyersville, Iowa. Yesterday Warren joined 19 other candidates seeking the Democratic presidential nomination at the Democratic Party’s Hall of Fame Dinner in Cedar Rapids. (Photo by Scott Olson/Getty Images)
CEDAR RAPIDS, IOWA - JUNE 09: Democratic presidential candidate Senator Elizabeth Warren (D-MA) speaks at the Iowa Democratic Party's Hall of Fame Dinner on June 9, 2019 in Cedar Rapids, Iowa. Nearly all of the 23 Democratic candidates running for president were campaigning in Iowa this weekend. President Donald Trump has two events scheduled in the state on Tuesday. (Photo by Scott Olson/Getty Images)
CEDAR RAPIDS, IOWA - JUNE 09: Supporters of Democratic presidential candidate Senator Elizabeth Warren (D-MA) wait for her to arrive at the Iowa Democratic Party's Hall of Fame Dinner on June 9, 2019 in Cedar Rapids, Iowa. Nearly all of the 23 Democratic candidates running for president were campaigning in Iowa this weekend. President Donald Trump has two events scheduled in the state on Tuesday. (Photo by Scott Olson/Getty Images)
CEDAR RAPIDS, IOWA - JUNE 09: Democratic presidential candidate Senator Elizabeth Warren (D-MA) speaks at the Iowa Democratic Party's Hall of Fame Dinner on June 9, 2019 in Cedar Rapids, Iowa. Nearly all of the 23 Democratic candidates running for president were campaigning in Iowa this weekend. President Donald Trump has two events scheduled in the state on Tuesday. (Photo by Scott Olson/Getty Images)
MSNBC - Election Coverage "All In With Chris Hayes Town Hall with Elizabeth Warren" Pictured: (l-r) Chris Hayes, Elizabeth Warren (Photo by: Michael HickeyMSNBC/NBCU Photo Bank via Getty Images)
SAN FRANCISCO, CA - June 1: Supporters scream as Senator Elizabeth Warren speaks to thousands of CA delegates at the 2019 California Democratic Party State Organizing Convention at the Moscone Center in San Francisco, California Saturday June 1, 2019. (Photo by Melina Mara/The Washington Post via Getty Images)
THE VIEW - Senator Elizabeth Warren is the guest today, Thursday, May 30, 2019 on Walt Disney Television via Getty Images's "The View." "The View" airs Monday-Friday, 11am-12pm, ET on Walt Disney Television via Getty Images. (Photo by Jeff Neira/Walt Disney Television via Getty Images) ELIZABETH WARREN, SUNNY HOSTIN, MEGHAN MCCAIN
SAN FRANCISCO, CALIFORNIA - MAY 30: A billboard with an image of Democratic presidential hopeful U.S. Sen. Elizabeth Warren (D-MA) on May 30, 2019 in San Francisco, California. The presidential campaign for U.S. Sen. Elizabeth Warren posted a billboard in the South of Market Area of San Francisco that calls for breaking up big tech. (Photo by Justin Sullivan/Getty Images)
FAIRFAX, VIRGINIA - MAY 16: Voters listen during a campaign town hall of Democratic U.S. presidential hopeful Sen. Elizabeth Warren (D-MA) at George Mason University May 16, 2019 in Fairfax, Virginia. Sen. Warren held a town hall to tell her plans for Americans and answer questions from voters. (Photo by Alex Wong/Getty Images)
FAIRFAX, VIRGINIA - MAY 16: Democratic U.S. presidential hopeful Sen. Elizabeth Warren (D-MA) speaks during a campaign town hall at George Mason University May 16, 2019 in Fairfax, Virginia. Sen. Warren held a town hall to tell her plans for Americans and answer questions from voters. (Photo by Alex Wong/Getty Images)
Democratic presidential candidate Elizabeth Warren gestures as she speaks during a campaign stop at George Mason University in Fairfax, Virginia on May 16, 2019. (Photo by MANDEL NGAN / AFP) (Photo credit should read MANDEL NGAN/AFP/Getty Images)
Democratic presidential candidate Elizabeth Warren gestures as she speaks during a campaign stop at George Mason University in Fairfax, Virginia on May 16, 2019. (Photo by MANDEL NGAN / AFP) (Photo credit should read MANDEL NGAN/AFP/Getty Images)
People hold signs as they attend a campaign stop held by Democratic presidential candidate Elizabeth Warren at George Mason University in Fairfax, Virginia on May 16, 2019. (Photo by MANDEL NGAN / AFP) (Photo credit should read MANDEL NGAN/AFP/Getty Images)
PHILADELPHIA, PA - MAY 13: Democratic presidential hopeful, U.S. Sen. Elizabeth Warren (D-MA) holds Francina Seedman-Stout, 8 months, after a teacher's union townhall on May 13, 2019 in Philadelphia, Pennsylvania. At the event hosted by the American Federation of Teachers, Warren spoke to about 200 educators, according to published reports. (Photo by Mark Makela/Getty Images)
IOWA FALLS, IA - MAY 3: An image of 2020 presidential candidate Sen. Elizabeth Warren (D-Mass.) is seen on a book held by an attendee during a campaign event at Rivers Bend Bed & Breakfast in Iowa Falls, Iowa on May 3, 2019. (Photo by Daniel Acker for The Washington Post via Getty Images)
HOUSTON, TX - APRIL 24: Democratic presidential candidate Sen. Elizabeth Warren (D-MA) waves to a crowd at the She The People Presidential Forum at Texas Southern University on April 24, 2019 in Houston, Texas. Many of the Democrat presidential candidates are attending the forum to focus on issues important to women of color. (Photo by Sergio Flores/Getty Images)
HOUSTON, TX - APRIL 24: Democratic presidential candidate Sen. Elizabeth Warren (D-MA) speaks to a crowd at the She The People Presidential Forum at Texas Southern University on April 24, 2019 in Houston, Texas. Many of the Democrat presidential candidates are attending the forum to focus on issues important to women of color. (Photo by Sergio Flores/Getty Images)
SOMERVILLE, MA - APRIL 12: US Senator Elizabeth Warren addresses the media and Stop & Shop workers on the picket line at the Stop & Shop in Somerville, MA on April 12, 2019. US Senator Elizabeth Warren joined Stop & Shop workers on a picket line outside a Somerville store as the strike against New Englands largest supermarket chain enters its first full day Friday. Stop & Shop workers in southern New England walked off the job on Thursday, April 11, after more than 31,000 employees last month authorized their labor leaders to call for a work stoppage amid increasingly strained contract negotiations. (Photo by Craig F. Walker/The Boston Globe via Getty Images)
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Warren, Biden and Sanders have been rounding out the top three slots in the polls for much of the fall months.

According to the Warren campaign, she had 509,000 donors and received 943,000 donations in the third quarter of 2019, and the average donation was $26.

The Massachusetts senator finished the quarter with $25.7 million cash on hand, her campaign told NBC News.

In an email to supporters Friday morning, campaign manager Roger Lau noted where that money was going: grassroots outreach, ground game and recently announced ad buys across television and digital.

Those ad buys — which the campaign said would be worth eight figures in an end-of-September memo — target four key early voting states: Iowa, New Hampshire, South Carolina and Nevada. They mark the first paid ad effort from the Warren campaign.

In that same memo, the campaign announced field team expansions in states with primaries and caucuses further down the Democratic primary calendar, plus states with big down-ballot races for Democrats, such as Maine and Georgia. 

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