Thompson tours one of the laboratories at the Lincolnway Energy plant in Nevada, Iowa Wednesday.
WASHINGTON (CNN) - Former Tennessee Sen. Fred Thompson, the latest addition to the Republican presidential race, raked in $9.3 million during the third quarter fundraising period, his campaign announced Thursday.
Thompson currently has $7 million in cash on hand. He received donations from 80,000 individuals.
Campaign Manager Bill Lacy said Thompson appealed to that many Americans because he is an "authentic conservative."
"Some of the other campaigns have spent tens of millions of dollars so far, only to lose support among voters; yet, Fred is running strong in most of the early primary states without having spent a dime on advertising," Lacy said. "We are on plan and will have the funding we need to get Fred's message to voters."
Thompson reported that he raised $12.7 million since he first started collecting campaign contributions this summer, $3.4 million of which was raised near the end of the second quarter.
Related: Giuliani edges Romney in fundraising
– CNN Associate Producer Lauren Kornreich