General Catalyst News
17 articles
חברת דיל, שפועלת בתחום משאבי האנוש, מספקת פלטפורמה לניהול עובדים ותשלומים גלובליים ● מוקדם יותר השנה הוערכה דיל ב־12.6 מיליארד דולר, כשקרנות ג'נרל קטליסט ומובדאלה רכשו מניות ב־300 מיליון דולר ממשקיעים מוקדמים
Deel, a company specializing in human resources management and global payments, has raised $300 million at a valuation of $17 billion. The funding round was led by Ribbit, Coatue, and Andreessen Horowitz. Deel, founded by Alex Bouaziz and Shuo Wang, has become a key player in global HR management, serving over 35,000 business clients and managing more than 1.25 million workers worldwide. The company reported an annual revenue run rate of approximately $1 billion in Q1 2025, marking a 75% increase from the previous year. Despite its success, Deel is embroiled in a legal dispute with competitor Rippling over allegations of industrial espionage.
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Despite war and geopolitical challenges, the CEO of the VC giant, Hemant Taneja, insists the quality of what’s being built is “as good as it ever was.”
General Catalyst, a $27 billion venture capital firm led by CEO Hemant Taneja, is optimistic about the potential of AI and is actively investing in Israeli companies despite geopolitical challenges. Taneja emphasizes the resilience and determination of Israeli entrepreneurs. The firm recently participated in a $150 million fundraising round for Aidoc, an AI-powered healthcare company, with Nvidia also investing. General Catalyst collaborates with Sheba Hospitals ARC Innovation Center to drive digital medical innovation. Tanejas visit to Israel included meetings with entrepreneurs and investors, highlighting the firms commitment to supporting innovation in healthcare, cyber, and defense sectors. General Catalysts approach reflects a broader trend of VC firms expanding beyond traditional models to embrace AI-driven transformations.
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The$1 billion in revenue based-financing will be used to fund Grammarly's customer growth.
Grammarly has secured a $1 billion commitment from General Catalysts Customer Value Fund. This investment will be used for sales and marketing, allowing Grammarly to make strategic acquisitions without diluting equity or resetting its valuation. The financing is structured as a loan secured by Grammarlys recurring revenue. Grammarly, valued at $13 billion in 2021, has seen its valuation decrease in the current market. Recently, Grammarly acquired productivity startup Coda and appointed its CEO, Shishir Mehrotra, to lead the company. The company is evolving into an AI productivity tool and generates over $700 million in annual revenue.
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General Catalyst raises $8B in fresh funds to back startups globally | TechCrunch
General Catalyst, a U.S. venture capital firm, has announced an $8 billion fund to boost investments in early-stage startups across multiple sectors globally, with a focus on the U.S., Europe, and India. The fund includes $4.5 billion for core VC funds, $1.5 billion for a creation strategy aimed at helping proven founders build new companies, and $2 billion for separately managed accounts. The firm is focusing on applied AI and global resilience, partnering with large companies to co-develop products. General Catalyst has also merged with local entities like La Famiglia in Europe and Venture Highway in India to enhance its global growth. The firm is also making its first investment in Saudi Arabia and has partnered with companies like Airbus and Saab through its portfolio company Helsing.
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General Catalyst merges with Venture Highway in India push | TechCrunch
Silicon Valley-based venture capital group, General Catalyst, is partnering with Indian venture firm Venture Highway to expand its presence in India. The firms are planning a multistage investment strategy, with General Catalyst earmarking $500 million to $1 billion for investments in India over the next three years. Venture Highway, which traditionally focused on early-stage investments, will expand its remit to incubating startups as part of the General Catalyst team. The deal positions General Catalyst as one of the largest venture capital firms in India.
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Silicon Valley's General Catalyst closes in on $6bn fund for tech start-ups
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General Catalyst in talks to acquire VC firm Venture Highway in India push | TechCrunch
US venture capital firm General Catalyst is reportedly in talks to acquire an India-focused VC, Venture Highway, as part of its expansion strategy in the South Asian startup market. The deal would allow General Catalyst to tap into Indias vibrant technology scene, which has attracted over $100 billion in startup investments since 2010. The firm has already backed about a dozen and a half startups in India and plans to invest more than $500 million in the country over the next three to four years.
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General Catalyst and European early-stage fund La Famiglia 'join forces' to invest in European startups | TechCrunch
Sheba Medical Center joins General Catalyst's health innovation program | CTech
General Catalyst is expanding its presence in Israel by adding Sheba Medical Center to its medical innovation program, Health Assurance. Shebas ARC Center for Digital Innovation will be the third non-American hospital to join the program. The goal of the program is to accelerate the integration of medical technologies in health systems. General Catalyst operates with a dedicated VC fund of $700 million. The program addresses the complexity of integrating new technology in hospitals and educates medical personnel about incorporating new technologies. General Catalyst is not bothered by the political situation in Israel and plans to create magic in terms of development and investment. The ARC Innovation Center at Sheba Medical Center promotes digital medical innovation and operates an investment arm in collaboration with the Triventures fund.
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Venture Fundraising Momentum Grows With General Catalyst's $4.6 Billion Haul
General Catalyst pushes further into Europe/Israel, hiring Chris Bischoff for London office
General Catalyst has announced the appointment of Chris Bischoff as Managing Director of its new London office. Bischoff brings extensive investment experience across the US and Europe, having participated in fund-raising for companies such as Avito, Babylon, and Livongo. General Catalyst has been actively investing in European and Israeli tech companies, including Cazoo, Rapyd, and Multiverse. The company secured $2.3 billion in capital commitments across three funds last year. Bischoffs appointment will strengthen the firms bench of healthcare investors. General Catalyst aims to bring its full set of capabilities to Europe and expand its investments across sectors.
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General Catalyst just announced $2.3 billion in new capital commitments across three funds
General Catalyst has secured $2.3 billion in capital commitments across three funds, including an early-stage fund, a growth fund, and an endurance fund. The firm aims to compete in more later-stage deals and back sectors relevant in the era of coronavirus. General Catalyst has made high-flying bets in its portfolio, including Stripe and Airbnb. However, the current economic downturn may make it trickier for the firms limited partners to fulfill their commitments. The article also mentions that Airbnbs plans to go public in 2020 are highly unlikely now.
Investment
GC IX: We're Just Getting Started
General Catalyst announces the close of General Catalyst Group IX, L.P. with $1.375 billion in commitments, bringing their total capital raised to just over $5 billion. The company is evolving its platform to support companies of mass scale and is focused on identifying and supporting visionary founders. They have hired Paul Sagan as a managing director to work with their growth stage/XIR platform, and Ken Chenault as chairman and managing director. General Catalyst is building out its team and presence in innovation hubs to continue its transformation into a formidable and enduring firm.
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General Catalyst Raises A Whopping $845 Million For Its New Fund
General Catalyst, a venture capital firm, has raised $845 million in fresh capital to deploy around the country. The firms bi-coastal strategy has been successful, with investments in companies like ClassPass, Warby Parker, and Kayak on the East Coast, and Snapchat, Airbnb, and The Honest Co. on the West Coast. The new financing puts General Catalyst in the billionaire boys club of big venture capital firms, with $3.7 billion in assets under management. The firms investment strategy will remain unchanged.
Investment
General Catalyst Commits $10M To Startups In Stripe's Payments Ecosystem
General Catalyst has announced a new $10 million initiative called the GC Stripe Platform Fund to help its portfolio company, Stripe, continue to scale up. The first investment is $500,000 in Baremetrics, a company that provides analytics around Stripe-based payments. Stripe has raised $120 million with investors including Khosla Ventures, Founders Fund, and Sequoia. The article highlights Stripes notable wins over PayPal and its efforts to push more scale in its business. General Catalyst is seeking seed-stage startups for funding and will consider investing more in the startups over time.
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General Catalyst Partners Closes Fund at $675M - FinSMEs
General Catalyst Partners has closed its newest fund at $675m, allowing the firm to expand its portfolio of more than 100 technology businesses with emphasis on growing its Silicon Valley presence.
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General Catalyst Raises $500M for Fund VI PE Hub
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