Fredreka Schouten

USA TODAY

WASHINGTON — Talk about a convention bounce.

Democrat Hillary Clinton soared to her best fundraising month of the election in July, raising nearly $90 million for her campaign and the Democratic Party as she formally accepted her party's presidential nomination, her campaign announced Tuesday.

She started August with more than $58 million in cash reserves as she and Republican Donald Trump hurtle toward what will be an expensive and bitterly fought general election.

Clinton's haul swamps the $35.8 million Trump has said he and the Republican Party raised last month. His campaign has not disclosed how much money he has remaining in the bank.

Donald Trump boasts of big July fundraising haul

"We come out of the Democratic National Convention with our party united and our supporters energized for the final 98 days of this campaign," Clinton campaign manager Robby Mook said in a statement.

"Our goal for the next 98 days is to take the remarkable outpouring of support we saw as Hillary Clinton took the stage in Philadelphia and build on our efforts to organize and mobilize millions of voters to elect progressive candidates up and down the ballot in November," he said.

Clinton's campaign said it saw its best 24-hour online fundraising of the election last week as she made history to become the first female major party nominee for the presidency. More than $8.7 million flowed into the campaign between 8 p.m. Thursday and 8 p.m. Friday. She addressed the convention Thursday night.

About $63 million of the total raised in July went directly to Clinton's campaign. Another $26 million went to the Democratic National Committee and state party committees with whom Clinton has joint-fundraising agreements, aides said.

Campaign officials said more than half of the July contributions came from first-time givers, potentially providing her campaign with a fresh pool of donors to tap for multiple contributions in the weeks ahead.