Herman Cain, former chairman and chief executive officer of Godfather's Pizza, participates in a presidential debate sponsored by Bloomberg and The Washington Post held at Dartmouth College in Hanover, New Hampshire, U.S., on Tuesday, Oct. 11, 2011. The event moderated by U.S. television talk show host Charlie Rose and featuring eight Republican candidates, presents the first debate of the 2012 political season focused solely on the economy. UPI/Daniel Acker/Pool | License Photo
Cain announced his fundraising total during a campaign appearance in Tennessee Friday and said the campaign has no debt.
He lags well behind two other front-runners in the Republican race -- former Massachusetts Gov. Mitt Romney, who raised more than $14 million during the quarter, and Texas Gov. Rick Perry, who raised more than $17 million.
Both candidates have an estimated $15 million cash on hand.
Cain gained considerable momentum near the end of the quarter, and his victory in the Florida straw poll came with a week left in the quarter. The Post said Cain is now in a statistical tie with Romney for the lead in the GOP race.