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Company type | Private |
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Industry | Venture capital |
Founded | 2000 |
Founders |
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Headquarters | Cambridge, Massachusetts, US |
Number of locations | |
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Key people |
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Products | Investments |
AUM | US$36B+ (December 2024) [1] |
Number of employees | 250+ |
Website | generalcatalyst |
General Catalyst (GC) is a global venture capital firm that makes seed to growth stage investments and more. [2] [3] [4] [5] The firm has invested in 800+ businesses, including global companies such as Airbnb, Anduril Industries, Applied Intuition, Glean Technologies, Guild Education, HubSpot, Kayak, Datalogix, Datto, Livongo, Gusto, Zepto, Ramp, Deliveroo, Samsara, Stripe, Snap, Mistral, and Helsing. [6] [4] [7] [8] [9] [10] [11]
General Catalyst was founded in 2000 in Massachusetts by Joel Cutler and David Fialkow. [7] [12] [13] [14] [15]
In 2010, the company opened a Silicon Valley office. [12] In 2021, the firm managed more than $8 billion in assets. [16] In February 2022, it raised $4.6 billion for its 11th general fund. This brought the firm's total raised in its 20-year history to $14.75 billion. [17]
In 2021, the firm opened a London office. [18] [19] By September 2022, General Catalyst had invested in 17 European startups. [20] By April 2023, the company had invested in 25 Indian startups, including CRED, Uni, Spinny, Orange Health, FarMart, and Loop Health with investments ranging in all stages. [21]
In March 2023, General Catalyst was a supporter of the Silicon Valley Bank (SVB), after U.S. regulators shut it down after a significant number of the bank's customers sought to withdraw funds after dropping stock prices. [22] [23] General Catalyst, which was a SVB customer, [24] organized a joint statement of support signed by more than 110 venture capital firms. [22]
As of 2020, it was ranked as one of America's largest venture capital firms. [25]
In June 2022, the company made an investment in Multiverse as part of a $220 million investment round. [26]
In June 2024, General Catalyst acquired La Famiglia, a German venture capital firm, after which La Famiglia's founding partner Jeannette zu Fürstenberg became a managing director at General Catalyst, overseeing its European business. [27] In the same month, General Catalyst acquired Venture Highway, an early-stage investor based in New Delhi. [28] [29]
In October 2024, General Catalyst announced the raise of $8 billion in new funds, including $4.5 billion for their core venture funds, making it their largest fundraise yet. [30]
In May 2025, the company launched a £30 million medical technology venture fund with the UK's National Health Service along with Speedinvest. [31]
General Catalyst makes capital investments in seed-stage companies, early-stage businesses and later-stage companies. [32] [33] [34]
In 2021, General Catalyst raised $600 million for a new Health Assurance Fund. [35] [36]
In July 2022, the firm raised an additional $670 million. [17] The money is invested in healthcare businesses. [35] [37] [38] General Catalyst has been the most active investor in healthcare since the beginning of 2020. [39] [40]
In October 2023, the company announced plans to acquire a health system and "then use it as a proving ground for technology that its portfolio companies sell, including generative artificial intelligence-powered solutions applied to health care problems." [41]
General Catalyst spent $485 million to purchase Summa Health and convert a non-profit health network into for-profit. [42]