Former Vice President Joe Biden Joe BidenPelosi slams Trump executive order on pre-existing conditions: It 'isn't worth the paper it's signed on' Hillicon Valley: Subpoenas for Facebook, Google and Twitter on the cards | Wray rebuffs mail-in voting conspiracies | Reps. raise mass surveillance concerns Fox News poll: Biden ahead of Trump in Nevada, Pennsylvania and Ohio MORE suggested at a fundraiser on Monday that he has brought in nearly $20 million for his presidential bid, the most substantial fundraising haul disclosed by any Democratic presidential candidate this cycle.

Biden told supporters at a fundraiser at the Manhattan home of hedge fund manager Jim Chanos that he had collected contributions from 360,000 donors with an average contribution size of $55. That amounts to about $19.8 million.

ADVERTISEMENT

By comparison, Sen. Bernie Sanders Bernie SandersThe Hill's Campaign Report: Trump faces backlash after not committing to peaceful transition of power Bernie Sanders: 'This is an election between Donald Trump and democracy' The Hill's 12:30 Report: Trump stokes fears over November election outcome MORE (I-Vt.) reported raising $18.2 million in the first quarter of 2019, before Biden entered the race. Sen. Kamala Harris Kamala HarrisHundreds of lawyers from nation's oldest African American sorority join effort to fight voter suppression Biden picks up endorsement from progressive climate group 350 Action 3 reasons why Biden is misreading the politics of court packing MORE (D-Calif.) reported a $12 million haul in the same time period.

Campaigns have until July 15 to report their fundraising totals for the second quarter of the year, which covers the period between April 1 and June 30.

Biden has proven himself to be among the most adept fundraisers in the Democratic primary contest. His campaign announced in April that he had raked in $6.3 million in 24 hours after he launched his White House bid, and major Democratic donors and fundraisers expect him to raise as much as $25 million in the second quarter.

At Monday's $2,800-per-person fundraiser, Biden said his donors have “allowed me to be able to compete in a way that I’ve never been able to before” and that his campaign had “raised a great deal of money.”

Biden’s claim that he has collected contributions from 360,000 donors suggests he will easily qualify for the third Democratic presidential debate in September.

The Democratic National Committee announced late last month that, in order to make the debate stage this fall, candidates will have to notch at least 2 percent in three polls and amass support from 130,000 unique donors. Biden, the current front-runner, has already exceeded the polling threshold.

Other Democratic candidates are expected to report impressive fundraising hauls. South Bend, Ind., Mayor Pete Buttigieg Pete ButtigiegBillionaire who donated to Trump in 2016 donates to Biden The Hill's Morning Report - Sponsored by Facebook - GOP closes ranks to fill SCOTUS vacancy by November Buttigieg stands in as Pence for Harris's debate practice MORE reportedly raised $7 million in April alone. And Sanders has frequently touted the strength of his army of small-dollar donors while holding larger, in-person fundraisers. He has also hired someone to handle fundraising for his campaign, a departure from his 2016 presidential bid, when he eschewed such hires.