General Catalyst

Reviewed Updated May 15, 2026

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Location Cambridge, MA
Founded 2000
Fund Size $8B (Fund XII, 2024); $4.6B (Fund XI, 2022)
Website https://www.generalcatalyst.com
Stage Focus
seed series-a series-b growth
Sector Focus
saas ai-ml healthcare fintech defense consumer-internet industrials climate-energy

Team

Hemant Taneja CEO & Managing Director
Joel Cutler Co-Founder & Managing Director
David Fialkow Co-Founder & Managing Director
Kenneth Chenault Chairman & Managing Director
Jeannette zu Fürstenberg President & Managing Director
Neeraj Arora CEO India, MENA & Managing Director
Pranav Singhvi Managing Director
Holly Maloney Managing Director
Quentin Clark Managing Director
John Kim Managing Director
Paul Kwan Managing Director
Trevor Oelschig Managing Director
Alex Tran Managing Director
Larry Bohn Managing Director

About

General Catalyst is a global venture capital firm founded in 2000 in Cambridge, Massachusetts by Joel Cutler and David Fialkow, who met in first grade 12. The firm launched its first fund in 2001, raising $250 million to support technology entrepreneurs 3. Early team members included Hemant Taneja, hired as a young MIT student, who now serves as CEO and Managing Director 24.

The firm has raised progressively larger funds over its 25-year history: $300 million for Fund III (2004), $400 million (2005), $715 million across two funds (2007), $4.6 billion for Fund XI (February 2022), and $8 billion for Fund XII (October 2024) 356. The Fund XII capital was allocated across approximately $4.5 billion for core VC funds spanning seed and growth equity (across “Ignition,” “Endurance,” and “Health Assurance” strategies), $1.5 billion for a “Creation” strategy focused on building AI-native companies, and $2 billion in separately managed accounts 67. As of 2026, the firm manages approximately $30 billion in assets 8.

In 2018, Kenneth Chenault, former Chairman and CEO of American Express, joined General Catalyst as Chairman and Managing Director 9. Hemant Taneja assumed the sole managing partner role in early 2021 and later became CEO 4.

General Catalyst has expanded globally through acquisitions. In June 2024, the firm acquired La Famiglia, a German VC firm, with founder Jeannette zu Fürstenberg becoming President and Managing Director overseeing European operations 5. The same month, General Catalyst merged with Venture Highway, an Indian early-stage investor co-founded by Neeraj Arora (former WhatsApp chief business officer), to lead its India operations 10.

The firm has also expanded beyond traditional venture capital. In October 2023, General Catalyst launched the Health Assurance Transformation Corporation (HATCo), which in October 2025 completed a $515 million acquisition of Summa Health, an Akron, Ohio-based hospital system — the first hospital operator owned by a venture capital firm 1112. In 2025, General Catalyst also launched Percepta, a company deploying AI researchers and engineers directly within enterprises 13. The firm also established GC Wealth, a wealth management division, and the GC Institute, which connects startups with global governments 6.

As of March 2026, General Catalyst has invested in 871 companies, with 90 unicorns, 29 IPOs, and 203 acquisitions in its portfolio 14.

Stated Thesis

General Catalyst publicly organizes its investment strategy around CEO Hemant Taneja’s concept of “responsible innovation” — the idea that the best companies align with society’s long-term interests. Taneja has stated: “The best companies end up being the ones that are most aligned with society, and that’s what gives you the right to grow for a long time” 15.

The firm describes its mission as driving “global resilience through AI transformation” in five critical industries: healthcare, defense, industrials, energy, and financial services 68.

Taneja’s thesis has evolved through several frameworks. His 2018 book Unscaled argued that cloud, mobile, and data technologies enable mass personalization over mass production 16. His 2022 book Intended Consequences laid out a framework for responsible innovation 17. His 2025 book The Transformation Principles argues investors seeking long-term returns must think beyond profit to positive impact 16.

On AI specifically, Taneja has said: “I always think bubbles are good. Bubbles are good because they mobilize capital and talent into new vectors of innovation” — while also acknowledging: “You’re seeing some companies being extraordinarily priced, but the business validation isn’t there” 18.

The firm states that “the traditional VC model does not best position founders to transform industries,” positioning itself as going beyond venture capital to offer operational support through HATCo, Percepta, and the GC Institute 6.

Co-founder David Fialkow has emphasized a founder-first philosophy: “The biggest mistake and the biggest definition to us or me of failure is not going for it” 2.

Inferred Thesis

The following analysis is based on 65 verified portfolio investments identified across General Catalyst’s portfolio page, press coverage, and startup profiles in this database. With 871 total investments reported 14, this represents approximately 7% of the full portfolio, biased toward notable and publicly documented investments. Sample size is too small for reliable sector percentages, so qualitative patterns are described alongside counts.

Sector Allocation (computed from 65 verified portfolio entries)

  • Enterprise SaaS / Developer Tools: 14 companies (22%) — HubSpot, Samsara, Fivetran, GitLab, Gusto, Illumio, Eightfold AI, Mark43, Demandware, Datto, Grammarly, Glean, Canva, Ramp
  • AI / Machine Learning: 10 companies (15%) — Mistral AI, Windsurf (Codeium), Modular, Hive, Hippocratic AI, Commure, Collaborative Robotics, PhysicsX, Anthropic, Percepta
  • Healthcare / Biotech: 8 companies (12%) — Livongo, Cityblock Health, Maven, Sword Health, Commure, HATCo (Summa Health), Abridge, Clover Health
  • Fintech / Payments: 7 companies (11%) — Stripe, Circle, Ramp, Monzo, CRED, Rapyd, Affirm
  • Consumer Internet / Social / Marketplace: 7 companies (11%) — Airbnb, Snap, Kayak, Discord, Instacart, Zepto, Deliveroo
  • Defense / Government: 6 companies (9%) — Anduril, Helsing, Vannevar Labs, Applied Intuition, Valinor, Mark43
  • Industrials / Manufacturing / Energy: 7 companies (11%) — Re:Build Manufacturing, Tractian, Nominal, Charm Industrial, Pacific Fusion, Alsym Energy, Fourier
  • Other (EdTech, Multiverse, Guild, etc.): 6 companies (9%) — Guild Education, Multiverse, Warby Parker, Datalogix, Figma, The Information

Stage Distribution

General Catalyst invests across all stages from seed to growth and beyond. Check sizes range from $500K at seed to over $100M for pre-IPO rounds 8. The firm’s Fund XII structure reveals its internal allocation: the “Ignition” fund targets early-stage (seed/Series A), “Endurance” targets growth equity (Series B+), and “Health Assurance” is healthcare-specific 67. The $1.5 billion “Creation” strategy represents a distinct approach: building new AI-native companies from scratch by partnering with proven founders 7.

Notable early-stage investments include leading Stripe’s $20M Series B in 2012 19 and HubSpot’s $5M Series A in 2007 20. Notable growth investments include co-leading Stripe’s $150M Series D in 2016 21 and participating in Anthropic’s $3.5B Series E in 2025 22.

Geographic Concentration

General Catalyst is headquartered in Cambridge, MA with offices in San Francisco, Palo Alto, and New York 3. Through its 2024 acquisitions, it now has significant presence in Europe (via La Famiglia, Germany) 5 and India (via Venture Highway) 10. Approximately 25% of Fund XII capital is allocated to Europe 7. The portfolio includes companies in the UK (Monzo, Deliveroo), France (Mistral AI), Germany (Helsing), and India (Zepto, CRED).

Check Size

  • Seed: $500K–$2M 8
  • Series A: $15M–$30M 8
  • Series B: $20M–$50M 8
  • Growth Stage: $30M–$60M 8
  • Pre-IPO: Up to $100M+ 8

Co-Investor Patterns

Based on startup profiles in this database, General Catalyst frequently co-invests with Andreessen Horowitz (co-invested in Airbnb Series B, Stripe Series E/G/I, Instacart), Sequoia Capital (Stripe Series B/D/E/G), and Coatue Management (Figma secondary, Snapchat). The firm also frequently co-invests with SV Angel, Founders Fund, and Benchmark at earlier stages.

Notable Gaps Between Stated and Actual Thesis

  • The “beyond VC” model is genuinely distinctive: General Catalyst’s HATCo acquisition of a hospital system and launch of Percepta for enterprise AI deployment are unprecedented for a venture firm. The stated thesis about “transforming industries” is backed by operational commitments, not just capital.
  • Defense is a major focus not always emphasized in public messaging: With investments in Anduril, Helsing, Vannevar Labs, Applied Intuition, and Valinor, the firm has a significant defense/government portfolio that sometimes receives less attention than the healthcare and responsible innovation messaging.
  • The “responsible innovation” framing coexists with aggressive growth: The firm’s rapid fund size expansion (from $4.6B to $8B in two years) and acquisition of financial institutions suggests growth ambitions that go well beyond a typical impact-oriented thesis.
  • Consumer internet investments (Snap, Airbnb, Discord, Kayak) are a significant historical strength that receives less emphasis in current messaging focused on AI transformation and critical infrastructure.

Portfolio

The following table includes 65 verified investments sourced from General Catalyst’s portfolio page, press coverage, Crunchbase, and startup profiles in this database.

Company Stage Year Sector Status
HubSpot Series A (led) 2007 Enterprise SaaS Public (IPO 2014) 20
Kayak Founding/Early Stage 2004 Consumer Internet / Travel Acquired by Booking Holdings (2012) 343
Demandware Early Stage ~2004 (founded) Enterprise / E-commerce Acquired by Salesforce (2016) 3
Datalogix Early Stage ~2003 (founded) Data / AdTech Acquired by Oracle (2014) 3
Datto Growth ~2007 (founded) Enterprise / IT Acquired by Kaseya (2022) 3
Snap (Snapchat) Series B 2013 Consumer Internet / Social Public (IPO 2017) 2324
Airbnb Series B 2011 Consumer Internet / Marketplace Public (IPO 2020) 25
Stripe Series B (led) 2012 Fintech / Payments Private 19
Stripe Series D (co-led) 2016 Fintech / Payments Private 21
Stripe Series E 2019 Fintech / Payments Private 26
Stripe Series G Extension 2020 Fintech / Payments Private 26
Stripe Series I (participated, $6.5B) 2023-03-15 Fintech / Payments Private 26606162
Warby Parker Series B 2013 Consumer / E-commerce Public (IPO 2021) 344
Samsara Series C (led) 2017 Enterprise / IoT Public (IPO 2021) 27
Samsara Growth 2018 Enterprise / IoT Public (IPO 2021) 28
Livongo Series A (led) 2014 Healthcare Merged with Teladoc (2020) 345
Gusto Early Stage ~2012 (founded) Enterprise / HR & Payroll Private 29
Canva Series C (co-led) 2019 Enterprise / Design Private 30
Guild Education Growth ~2015 (founded) EdTech / Enterprise Private 3
Instacart Series G (co-led) 2020 Consumer / Marketplace Public (IPO 2023) 31
Figma Secondary 2024 Enterprise / Design Private 32
Anthropic Series E (participated) 2025-03-03 AI Private 2257
Ramp Growth ~2019 (founded) Fintech / Corporate Cards Private 29
Circle Growth ~2013 (founded) Fintech / Crypto Private 3
Monzo Growth ~2015 (founded) Fintech / Banking Private 29
CRED Growth ~2018 (founded) Fintech Private 29
Discord Growth ~2015 (founded) Consumer / Social Private 29
Glean Growth ~2019 (founded) AI / Enterprise Search Private 29
Factorial Series D (led) 2026-06-03 Enterprise SaaS / HR Private 68
Mistral AI Series A 2023-12-11 AI / LLM Private 2947
Windsurf (Codeium) Growth ~2021 (founded) AI / Developer Tools Private 29
Modular Growth ~2022 (founded) AI / Infrastructure Private 29
Hive Growth ~2017 (founded) AI / Computer Vision Private 29
Fivetran Growth ~2012 (founded) Enterprise / Data Private 29
GitLab Growth ~2014 (founded) Enterprise / Developer Tools Public (IPO 2021) 29
Eightfold AI Growth ~2016 (founded) Enterprise / AI HR Private 29
Illumio Growth ~2013 (founded) Enterprise / Cybersecurity Private 29
Anduril Growth ~2017 (founded) Defense Tech Private 29
Helsing Growth ~2021 (founded) Defense / AI Private 29
Vannevar Labs Growth ~2019 (founded) Defense / AI Private 29
Applied Intuition Growth ~2017 (founded) Defense / Autonomous Private 29
Valinor Growth ~2024 (founded) Defense Private 29
Mark43 Growth ~2012 (founded) Government / Public Safety Private 29
Commure Growth ~2017 (founded) Healthcare / AI Private 29
Maven Clinic Growth ~2014 (founded) Healthcare Private 29
Cityblock Health Growth ~2017 (founded) Healthcare Private 29
Sword Health Growth ~2015 (founded) Healthcare Private 29
Hippocratic AI Series A (co-led) 2024-03-18 Healthcare / AI Private 2948
Re:Build Manufacturing Growth ~2020 (founded) Industrials Private 29
Tractian Growth ~2019 (founded) Industrials / IoT Private 29
Collaborative Robotics Growth ~2022 (founded) Robotics Private 29
Nominal Series B Extension (participated) 2026-03-05 Defense Tech / Hardware / Data Private 293658
Cloaked Series B (co-led) 2026-03-19 Consumer / Privacy Private 3650
PhysicsX Growth ~2019 (founded) AI / Simulation Private 29
Charm Industrial Growth ~2018 (founded) Climate / Carbon Removal Private 29
Pacific Fusion Series A (led) 2024-10-25 Energy / Fusion Private 2949
Alsym Energy Growth ~2015 (founded) Energy / Batteries Private 29
Fourier Growth ~2015 (founded) Robotics / Energy Private 29
Zepto Growth ~2021 (founded) Consumer / Quick Commerce Private 29
Deliveroo Growth ~2013 (founded) Consumer / Delivery Public (IPO 2021) 3
Grammarly Growth ~2009 (founded) Enterprise / AI Writing Private 29
Multiverse Growth (participated) 2026-05-15 EdTech / AI Workforce Training Private 359
Clover Health Early Stage ~2014 (founded) Healthcare / Insurance Public (IPO 2021) 3
Affirm Early Stage ~2012 (founded) Fintech / BNPL Public (IPO 2021) 3
Rapyd Growth ~2016 (founded) Fintech / Payments Private 33
The Information Early Stage ~2013 (founded) Media Private 33
Warby Parker Early Stage ~2010 (founded) Consumer / D2C Public (IPO 2021) 3
Moda Seed (led, $7.5M) 2026-03-24 AI / Design Private 37
Adonis Series B ~2025 Healthcare / AI RCM Private 38
Legora Series D (participated) 2026-03-10 AI / Legal Tech Private 39
Conntour Seed 2026 AI / Security / Video Intelligence Private 40
Numos Seed 2026 AI / Fintech / Enterprise Private 41
Avoca Series B (co-led) 2026-04-27 AI / Vertical SaaS / Services Economy Private 42
Aidoc Series E 2026-04-29 Healthcare / Clinical AI Private 46
JuliaHub Series B (participated) 2026-04-30 Scientific AI / Industrial Digital Twins Private 51
Musely Non-Dilutive Growth (CVF, led) 2026-05-01 Healthcare / Telemedicine Private 52
Nace.AI Seed (led) 2025-03-24 AI / Enterprise Private 5354
Ethos Series A (participated) 2026-05-06 AI / Expert Network / HR Tech Private 55
Greenboard Series A (participated) 2026-05-12 Regtech / Compliance AI Private 56
Status AI Seed + Series A (led, $17M combined) 2026-05-19 AI / Consumer / Social Networking Private 63
Scapia Series C (led, $63M at $500M+ val) 2026-05-21 Fintech / Travel / India Private 64
Modal Labs Series C (co-led with Redpoint, $355M at $4.65B val) 2026-05-21 AI Infrastructure / Serverless / GPU Private 65
Cognition $1B+ growth (co-led with Lux Capital and 8VC at $26B post-money) 2026-05-27 AI / Developer Tools / Coding Agents Private 66
Geordie AI Series A (follow-on, $30M at ~$180M post-money; Balderton led) 2026-05-28 Cybersecurity / AI / Agent Governance Private 67

Note: This table includes 71 companies verified from General Catalyst’s portfolio page, press coverage, and this database’s startup profiles. Investment years use company founding year as proxy where specific investment date is unknown, marked with “~YYYY (founded)”. General Catalyst has invested in 871 companies total 14; this table represents approximately 8% of the full portfolio, biased toward notable investments. Many investments lack specific round/year data in public sources.

In Their Own Words

Hemant Taneja on responsible innovation:

“The best companies end up being the ones that are most aligned with society, and that’s what gives you the right to grow for a long time.” (Source: TIME interview, 2025) 15

Hemant Taneja on AI and bubbles:

“I always think bubbles are good. Bubbles are good because they mobilize capital and talent into new vectors of innovation.” (Source: Calcalist Tech interview, 2025) 18

Hemant Taneja on valuations:

“You’re seeing some companies being extraordinarily priced, but the business validation isn’t there.” (Source: Calcalist Tech interview, 2025) 18

Hemant Taneja on General Catalyst’s evolution:

“Investing is just part of how we build, is the way I think about it.” (Source: Calcalist Tech interview, 2025) 18

Hemant Taneja on the traditional VC model:

“The traditional VC model does not best position founders to transform industries.” (Source: Fund XII announcement, 2024) 6

Hemant Taneja on AI and the workforce:

“In the short term, we actually need a lot of jobs to train people on how to effectively become ‘superhumans,’ using AI.” (Source: TIME interview, 2025) 15

Hemant Taneja on healthcare:

“Healthcare is a defining issue… the workforce in healthcare is embracing it because they need the leverage, they need the help.” (Source: TIME interview, 2025) 15

Hemant Taneja on global resilience:

“Our view is based on our thesis around global resilience, where every region in critical industries needs to build its own local capabilities.” (Source: Calcalist Tech interview, 2025) 18

David Fialkow on failure:

“The biggest mistake and the biggest definition to us or me of failure is not going for it.” (Source: 20VC podcast) 2

David Fialkow on their portfolio founders:

“On the West Coast, we have partnered with incredible founders like Patrick and John Collison at Stripe, Brian Chesky, Joe Gebbia, and Nathan Blecharczyk at Airbnb.” (Source: General Catalyst Medium post, 2016) 34

General Catalyst on Snap’s IPO:

“A laser focus on product and experience and an acceptance that some people just won’t ‘get’ it has earned Snap hundreds of millions of engaged users.” (Source: General Catalyst blog, March 2017) 24

Hemant Taneja on Samsara founder Sanjit Biswas:

“From the very outset I was struck by his deep command of technology as well as his mastery of go-to-market functions — a rare combination of talents. I was impressed by his uncanny ability to reduce the sales process to an engineering problem.” (Source: General Catalyst blog) 35

What Founders Say

No independently sourced founder testimonials were found in this research pass. Searches for quotes from portfolio company founders (Sanjit Biswas/Samsara, Patrick Collison/Stripe, Brian Chesky/Airbnb, Neil Blumenthal/Warby Parker, Josh Reeves/Gusto, Evan Spiegel/Snap) about their experience working with General Catalyst did not yield specific, attributable testimonials from independent sources. The firm’s own website and marketing materials were not used as a substitute for genuine founder quotes.

This section requires dedicated follow-up research, including searches of podcast transcripts (20VC, The Generalist), Twitter/X mentions, and founder blog posts.

Sources

  1. “David Fialkow.” Wikipedia. https://en.wikipedia.org/wiki/David_Fialkow. Accessed March 2026. ↩

  2. “20VC: The Founding of General Catalyst, What it Takes to Build a Firm That Stands the Test of Time.” The Twenty Minute VC with David Fialkow. https://www.thetwentyminutevc.com/david-fialkow. Accessed March 2026. ↩↩↩↩

  3. “General Catalyst.” BusinessABC. https://businessabc.net/wiki/general-catalyst. Accessed March 2026. ↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩

  4. “General Catalyst’s Secret CEO.” Newcomer, by Eric Newcomer. https://www.newcomer.co/p/general-catalysts-secret-ceo. Accessed March 2026. ↩↩

  5. “General Catalyst.” Wikipedia. https://en.wikipedia.org/wiki/General_Catalyst. Accessed March 2026. ↩↩↩

  6. “Announcing Fund XII: Let’s Venture Beyond.” General Catalyst. https://www.generalcatalyst.com/stories/fundxii. Accessed March 2026. ↩↩↩↩↩↩↩

  7. “General Catalyst raises $8B in fresh funds to back startups globally.” TechCrunch, October 24, 2024. https://techcrunch.com/2024/10/24/general-catalyst-raises-8b-in-fresh-funds-to-back-startups-globally/↩↩↩↩

  8. “General Catalyst: Comprehensive Investor Profile.” SparkCo. https://sparkco.ai/blog/general-catalyst. Accessed March 2026. ↩↩↩↩↩↩↩↩

  9. “Kenneth Chenault.” Wikipedia. https://en.wikipedia.org/wiki/Kenneth_Chenault. Accessed March 2026. ↩

  10. “General Catalyst merges with Venture Highway in India push.” TechCrunch, June 19, 2024. https://techcrunch.com/2024/06/19/general-catalyst-india-venture-highway/↩↩

  11. “HLTH23: VC firm General Catalyst launches new company, plans to buy a health system.” Fierce Healthcare, October 2023. https://www.fiercehealthcare.com/health-tech/hlth23-vc-firm-general-catalyst-launches-new-company-plans-buy-health-system↩

  12. “General Catalyst’s HATCo closes $515M acquisition of Summa Health.” Fierce Healthcare, October 2025. https://www.fiercehealthcare.com/providers/general-catalysts-hatco-closes-500m-acquisition-summa-health↩

  13. “General Catalyst launches Percepta for AI modernization across enterprises.” MobiHealthNews. https://www.mobihealthnews.com/news/general-catalyst-launches-percepta-ai-modernization-across-enterprises. Accessed March 2026. ↩

  14. “General Catalyst — 2026 Investor Profile, Portfolio, Team & Investment Trends.” Tracxn. https://tracxn.com/d/venture-capital/general-catalyst/__qMkRej1ZCJqKpMq_MzP3EjVzdPeR9HjIcLxgT1oaH8s. Accessed March 2026. ↩↩↩

  15. “General Catalyst CEO Hemant Taneja on Aligning Profit With Purpose.” TIME, 2025. https://time.com/7335878/general-catalyst-ceo-hemant-taneja-interview/↩↩↩↩

  16. “General Catalyst, Four Books, Ten Years and Lots of Billions.” Kevin Maney, Substack. https://kevinmaney.substack.com/p/general-catalyst-four-books-ten-years. Accessed March 2026. ↩↩

  17. “Hemant Taneja.” Hemant-Taneja.com, About page. https://www.hemant-taneja.com/about. Accessed March 2026. ↩

  18. “‘Bubbles are good’: General Catalyst’s CEO Hemant Taneja on AI hype and real growth.” Calcalist Tech, 2025. https://www.calcalistech.com/ctechnews/article/hx44zyq4y↩↩↩↩↩

  19. “Sexy Payments Startup Stripe Swipes $20M From General Catalyst, Sequoia, Thiel And More.” TechCrunch, July 9, 2012. https://techcrunch.com/2012/07/09/payments-startup-stripe-swipes-20m-from-general-catalyst-sequoia-thiel-and-more/↩↩

  20. “HubSpot Secures $5 Million in Venture Capital Funding Led by General Catalyst.” HubSpot Blog. https://www.hubspot.com/blog/bid/2251/hubspot-secures-5-million-in-venture-capital-funding-led-by-general-catalyst. Accessed March 2026. ↩↩

  21. “Stripe stacks $250m at a $35bn valuation.” Global Venturing. https://globalventuring.com/stripe-250m-at-35bn-valuation/. Accessed March 2026. ↩↩

  22. “Anthropic Raises $13B Series F at $183B Post-money Valuation.” Referenced from Anthropic profile in this database. Anthropic Series E round with General Catalyst participation confirmed via The Information. https://www.theinformation.com/briefings/general-catalyst-mgx-to-invest-in-anthropics-2-billion-fundraise. Accessed March 2026. ↩↩

  23. “Snap IPO: Venture Capital Firms Selling Snap Inc Shares.” Fortune, March 2, 2017. https://fortune.com/2017/03/02/snap-ipo-venture-capital-shares/↩

  24. “Congratulations, Snap!” General Catalyst Blog, March 2017. https://www.generalcatalyst.com/stories/congratulations-snap↩↩

  25. “Airbnb Bags $112 Million In Series B From Andreessen, DST And General Catalyst.” TechCrunch, July 24, 2011. https://techcrunch.com/2011/07/24/airbnb-bags-112-million-in-series-b-from-andreessen-and-others/↩

  26. “Stripe — Funding Rounds.” Stripe profile in this database, cross-referenced with Crunchbase. https://www.crunchbase.com/organization/general-catalyst-partners/recent_investments. Accessed March 2026. ↩↩↩

  27. “[Announcement] Samsara Raises $40M Series C in 2017.” Samsara Blog. https://www.samsara.com/blog/samsara-raises-40m-in-series-c-growth-financing. Accessed March 2026. ↩

  28. “IoT Leader Samsara Raises $50M to Invest in Growth.” Samsara Blog, March 2018. https://www.samsara.com/blog/enterprise-iot-leader-samsara-raises-50m-to-invest-in-growth↩

  29. “Portfolio.” General Catalyst. https://www.generalcatalyst.com/portfolio. Accessed March 2026. ↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩↩

  30. “Canva valued at $US2.5B after new capital raising.” Which-50. https://which-50.com/canva-valued-at-us2-5b-after-new-capital-raising/. Accessed March 2026. ↩

  31. Instacart profile in this database. General Catalyst co-led Instacart’s Series G in June 2020. Cross-referenced with Crunchbase. ↩

  32. “Figma closes funding from General Catalyst and others at $12.5B valuation.” Tech Funding News, July 2024. https://techfundingnews.com/figma-closes-funding-from-general-catalyst-and-others-at-12-5b-valuation/↩

  33. “General Catalyst — VC Fund Breakdown.” VCSheet. https://www.vcsheet.com/fund/general-catalyst. Accessed March 2026. ↩↩

  34. “General Catalyst: Supporting Founders on their Journey.” General Catalyst, Medium (General Catalyst Amplified), 2016. https://medium.com/general-catalyst-amplified/general-catalyst-supporting-founders-on-their-journey-7436edd882a↩

  35. “A Milestone for Samsara.” General Catalyst Stories. https://www.generalcatalyst.com/stories/a-milestone-for-samsara. Accessed March 2026. ↩

  36. “Nominal Valued at $1B as Founders Fund Leads $80M Acceleration Round.” GlobeNewsWire, March 5, 2026 (General Catalyst participated). https://www.globenewswire.com/news-release/2026/03/05/3250350/0/en/Nominal-Valued-at-1B-as-Founders-Fund-Leads-80M-Acceleration-Round.html “Cloaked Raises $375 Million to Fight for Privacy in the Age of AI.” BusinessWire, March 19, 2026 (General Catalyst led). https://www.businesswire.com/news/home/20260319361833/en/Cloaked-Raises-$375-Million-to-Fight-for-Privacy-in-the-Age-of-AI↩↩

  37. “Moda Raises $7.5M to give every professional a design agent.” GlobeNewsWire, March 24, 2026. https://www.globenewswire.com/news-release/2026/03/24/3261496/0/en/Moda-Raises-7-5M-to-give-every-professional-a-design-agent.html↩

  38. “Adonis Raises $40M Series C to Equip Healthcare Providers with AI-Driven Revenue Cycle Operations.” PR Newswire, March 25, 2026. https://www.prnewswire.com/news-releases/adonis-raises-40m-series-c-to-equip-healthcare-providers-with-aidriven-revenue-cycle-operations-302722199.html↩

  39. TechCrunch, “Legora raises $550M Series D at $5.55B valuation,” March 10, 2026. https://techcrunch.com/2026/03/10/legora-series-d↩

  40. TechCrunch, “Conntour raises $7M from General Catalyst, YC to build an AI search engine for security video systems,” March 26, 2026. https://techcrunch.com/2026/03/26/conntour-raises-7m-from-general-catalyst-yc-to-build-an-ai-search-engine-for-security-video-systems/↩

  41. Artiverse, “Numos Gets $4.25M to Build Transparent Finance AI,” April 2026. https://www.artiverse.ca/numos-gets-4-25m-to-build-transparent-finance-ai/↩

  42. PR Newswire, “Avoca Raises $125M+ at $1B Valuation to Power America’s Services Economy With AI,” April 27, 2026. https://www.prnewswire.com/news-releases/avoca-raises-125m-at-1b-valuation-to-power-americas-services-economy-with-ai-302753962.html↩

  43. Wikipedia, “Kayak (company),” accessed April 2026. https://en.wikipedia.org/wiki/Kayak_(company) — Kayak was founded in January 2004 by Steve Hafner and Paul English; per co-founder English, General Catalyst created the company within their firm, with Larry Bohn introducing the founders. Sequoia followed with a 2005 round. ↩

  44. Crunchbase, “Series A - Warby Parker - 2011-09-22,” accessed April 2026. https://www.crunchbase.com/funding_round/warby-parker-series-a–1648c4e2 — Warby Parker’s $12M Series A on September 22, 2011 was led by Tiger Global; per Tracxn, General Catalyst’s first investment was the January 29, 2013 Series B. ↩

  45. PR Newswire, “Livongo Health Raises $20 Million in Series B Funding From Kleiner Perkins Caufield & Byers, DFJ and General Catalyst,” April 7, 2015. https://www.prnewswire.com/news-releases/livongo-health-raises-20-million-in-series-b-funding-from-kleiner-perkins-caufield–byers-dfj-and-general-catalyst-300061771.html — General Catalyst led Livongo’s $10M Series A on May 7, 2014 (at $30M valuation) and continued through every subsequent round to IPO in 2019. ↩

  46. PR Newswire, “Aidoc Raises $150 Million Series E Led by Goldman Sachs to Scale Clinical AI for Earlier, Safer Diagnoses,” April 29, 2026. https://www.prnewswire.com/news-releases/aidoc-raises-150-million-series-e-led-by-goldman-sachs-to-scale-clinical-ai-for-earlier-safer-diagnoses-302757181.html — $150M Series E led by Growth Equity at Goldman Sachs Alternatives, with participation from General Catalyst, SoftBank Vision Fund 2, and NVIDIA’s NVentures. General Catalyst had led an earlier growth round less than a year prior alongside Square Peg. Cross-referenced with Axios, “Exclusive: Clinical AI provider Aidoc raises $150M Series E,” April 29, 2026. https://www.axios.com/2026/04/29/exclusive-clinical-ai-provider-aidoc-raises-150m-series-e and Goldman Sachs Asset Management press release. https://am.gs.com/en-int/advisors/news/press-release/2026/aidoc-raises-150-million-series-e-goldman-sachs↩

  47. Latham & Watkins, “Latham Advises General Catalyst and a16z on Mistral AI Series B Funding Round,” June 2024. https://www.lw.com/en/news/2024/06/latham-advises-general-catalyst-and-a16z-on-mistral-ai-series-b-funding-round — General Catalyst first invested in Mistral AI’s Series A on December 11, 2023, and continued through subsequent rounds including the Series B (June 2024) and Series C (September 2025). Cross-referenced with Tracxn, “Mistral AI — 2026 Funding Rounds & List of Investors.” https://tracxn.com/d/companies/mistralai/__SLZq7rzxLYqqA97jtPwO09jLDeb76RVJVb306OhciWU/funding-and-investors↩

  48. Fierce Healthcare, “Hippocratic AI banks $53M backed by General Catalyst, a16z, Memorial Hermann, UHS and other health systems,” March 2024. https://www.fiercehealthcare.com/ai-and-machine-learning/hippocratic-ai-banks-53m-backed-general-catalyst-a16z-memorial-hermann-uhs — General Catalyst co-led Hippocratic AI’s $53M Series A announced March 18, 2024. Cross-referenced with General Catalyst, “Our Investment in Hippocratic AI.” https://www.generalcatalyst.com/stories/our-investment-in-hippocratic-ai↩

  49. Bloomberg, “Nuclear Startup Pacific Fusion Nabs $900 Million in Funding,” October 25, 2024. https://www.bloomberg.com/news/articles/2024-10-25/nuclear-startup-pacific-fusion-raises-900-million-in-funding — Hemant Taneja of General Catalyst led Pacific Fusion’s $900M Series A on October 25, 2024; Taneja joined the board alongside Eric Schmidt and Patrick Collison. Cross-referenced with Crunchbase, “Series A - Pacific Fusion - 2024-10-25.” https://www.crunchbase.com/funding_round/pacific-fusion-series-a–9f02f372/funding_round_overview/timeline and General Catalyst, “Our Investment in Pacific Fusion.” https://www.generalcatalyst.com/stories/our-investment-in-pacific-fusion↩

  50. Cloaked blog, “Announcing our $375M Series B Raise and Growth Financing,” March 2026. https://www.cloaked.com/post/announcing-our-375m-series-b-raise — Cloaked’s $375M Series B (announced March 19, 2026) was co-led by General Catalyst and Liberty City Ventures and was funded through General Catalyst’s Customer Value Fund (a non-dilutive growth financing vehicle). Co-investors included Lux Capital, Human Capital, Marquee Ventures, Fifth Growth Fund, NFL Players Association, LG Technology Ventures, Assurant Ventures, and DuckDuckGo. Cross-referenced with TechCrunch, “Consumer-focused privacy company Cloaked raises $375M as it expands to enterprise,” March 19, 2026. https://techcrunch.com/2026/03/19/consumer-focused-privacy-company-cloaked-raises-375m-as-it-expands-to-enterprise/ and BusinessWire, “Cloaked Raises $375 Million to Fight for Privacy in the Age of AI,” March 19, 2026. https://www.businesswire.com/news/home/20260319361833/en/Cloaked-Raises-$375-Million-to-Fight-for-Privacy-in-the-Age-of-AI↩

  51. JuliaHub blog, “JuliaHub Raises $65M Series B and Launches Dyad 3.0, Bringing Agentic AI to Industrial Digital Twins,” April 30, 2026. https://juliahub.com/blog/juliahub-raises-65m-series-b-launches-dyad-3. — JuliaHub announced a $65M Series B led by Dorilton Capital with participation from General Catalyst, AE Ventures, and Bob Muglia. Cross-referenced with PR Newswire, “JuliaHub raises $65M Series B and launches Dyad 3.0, bringing Agentic AI to Industrial Digital Twins,” April 30, 2026. https://www.prnewswire.com/news-releases/juliahub-raises-65m-series-b-and-launches-dyad-3-0–bringing-agentic-ai-to-industrial-digital-twins-302758889.html and Axios, “AI startup JuliaHub raises $65M to rival Simulink,” April 30, 2026. https://www.axios.com/2026/04/30/bob-muglia-ai-hardware-engineering↩

  52. Marina Temkin, “Musely secures $360M from General Catalyst without giving up equity,” TechCrunch, May 1, 2026. https://techcrunch.com/2026/05/01/musely-secures-360m-from-general-catalyst-without-giving-up-equity/ — Musely, a direct-to-consumer telemedicine platform serving 1.2M+ patients, secured $360M+ in non-dilutive growth financing from General Catalyst’s Customer Value Fund (CVF), structured as a revenue-share agreement rather than equity or debt. Cross-referenced with IndexBox, “Musely Raises Over $360 Million in Non-Dilutive Capital from General Catalyst’s CVF,” May 2026. https://www.indexbox.io/blog/musely-raises-over-360-million-in-non-dilutive-capital-from-general-catalysts-cvf/↩

  53. GlobeNewswire, “Nace.AI Emerges from Stealth with MetaModel, an AI System That Generates Task-Specific Models for Enterprise,” March 24, 2025. https://www.globenewswire.com/news-release/2025/03/24/3047550/0/en/Nace-AI-Emerges-from-Stealth-with-MetaModel-an-AI-System-That-Generates-Task-Specific-Models-for-Enterprise.html — $5M seed round led by General Catalyst. Founders include CEO Dos Baha, CTO Zhanibek Datbayev (former AI infra lead at Meta), Sudha Valluru (three-time founder, former at Google, Cisco, Apple), and Amine Mohamed Aboussalah. ↩

  54. .406 Ventures, “In the Zone | Our Investment in NaceAI,” April 22, 2025. https://www.406ventures.com/insights/in-the-zone-our-investment-in-naceai/ — .406 Ventures confirmed as a participant in the Nace.AI seed round. ↩

  55. TechCrunch, “Ethos raises $22.75M from a16z for its expert network with voice onboarding,” May 6, 2026. https://techcrunch.com/2026/05/06/ethos-raises-22-75m-from-a16z-for-its-expert-network-with-voice-onboarding/ — London-based Ethos announced a $22.75M Series A on May 6, 2026 led by Andreessen Horowitz with General Catalyst, XTX Markets, Evantic Capital, and Common Magic participating. Founders James Lo (ex-McKinsey, SoftBank) and Daniel Mankowitz (ex-DeepMind). Cross-referenced with Tech Funding News, “a16z backs Ethos with $22.75M to replace CVs with an AI talent agent,” May 2026. https://techfundingnews.com/ethos-22-5m-series-a-andreessen-horowitz-general-catalyst-ai-talent/ and Tech.eu, “AI consulting startup co-founded by DeepMind scientist lands $22.75M Series A,” May 6, 2026. https://tech.eu/2026/05/06/ai-consulting-startup-co-founded-by-deepmind-scientist-lands-22-75m-series-a/↩

  56. Fortune, “Greenboard raises $15.5 million Series A to keep compliance from slowing down business,” May 12, 2026. Accessed May 2026. https://fortune.com/2026/05/12/greenboard-raises-15-5-million-series-a-to-keep-compliance-from-slowing-down-business/ — Greenboard’s $15.5M Series A on May 12, 2026 was led by Base10 Partners with General Catalyst participating via its 2024 acquisition of Wayfinder. General Catalyst had also led the 2024 seed. ↩

  57. Anthropic press release, “Anthropic raises $3.5 billion to advance our mission of building safer, more capable AI systems,” March 3, 2025. Accessed May 2026. https://www.anthropic.com/news/anthropic-raises-series-e — $3.5B Series E announced March 3, 2025 at $61.5B post-money valuation, led by Lightspeed Venture Partners. General Catalyst participated alongside Bessemer Venture Partners, Cisco Investments, D1 Capital Partners, Fidelity, Jane Street, Menlo Ventures, Salesforce Ventures, Wellington Management, and others. Cross-referenced with TechCrunch, “Anthropic raises Series E at $61.5B post-money valuation,” March 3, 2025. https://techcrunch.com/2025/03/03/anthropic-raises-series-e-at-61-5b-post-money-valuation/↩

  58. GlobeNewsWire, “Nominal Valued at $1B as Founders Fund Leads $80M Acceleration Round,” March 5, 2026. Accessed May 2026. https://www.globenewswire.com/news-release/2026/03/05/3250350/0/en/Nominal-Valued-at-1B-as-Founders-Fund-Leads-80M-Acceleration-Round.html — Confirms March 5, 2026 announcement; $80M Series B Extension led by Founders Fund at $1B valuation with Sequoia, Lux, General Catalyst, Lightspeed, and Red Glass participating. ↩

  59. Tech.eu, “Euan Blair’s Multiverse raises $70M at $2.1BN valuation,” May 15, 2026. https://tech.eu/2026/05/15/euan-blair-s-multiverse-raises-70m-at-2-1bn-valuation/ — Multiverse’s €60M / $70M growth round on May 15, 2026 at €1.8B / $2.1B valuation was led by Schroders Capital with participation from General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond, and StepStone Group. Cross-referenced with EU-Startups, “UK EdTech Multiverse lands €60 million funding round at €1.8 billion valuation,” May 15, 2026. https://www.eu-startups.com/2026/05/uk-edtech-multiverse-lands-e60-million-funding-round-at-e1-8-billion-valuation/↩

  60. Stripe Newsroom, “Stripe announces new round of funding and plan to provide employee liquidity,” March 15, 2023. Accessed May 2026. https://stripe.com/newsroom/news/stripe-series-i-employee-liquidity — Primary source press release. $6.5B Series I at $50B valuation announced March 15, 2023. Existing investors participating: Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, Thrive Capital. New investors: GIC, Goldman Sachs Asset and Wealth Management, Temasek. ↩

  61. CNBC, “Stripe slashes valuation to $50 billion in new $6.5 billion funding round,” March 15, 2023. Accessed May 2026. https://www.cnbc.com/2023/03/15/stripe-raises-series-i-billion-at-sharply-reduced-50-billion-valuation.html — Independent confirmation of March 15, 2023 announcement, $6.5B raise at $50B valuation, General Catalyst as existing investor. ↩

  62. TechCrunch, “Stripe now valued at $50B following $6.5B raise,” March 15, 2023. Accessed May 2026. https://techcrunch.com/2023/03/15/stripe-now-valued-at-50b-following-6-5b-raise/ — Contemporaneous press confirmation of March 15, 2023 Series I; same investor list including General Catalyst. ↩

  63. TechCrunch, “Forget the feed: Status AI announces $17M funding to help usher in new era of social networking,” May 19, 2026. Accessed May 2026. https://techcrunch.com/2026/05/19/gamified-social-media-network-status-announces-17m-funding-to-help-usher-in-new-era-of-social-networking/ — Confirms General Catalyst led Status AI’s combined $17M Seed + Series A round on May 19, 2026, with Y Combinator, LightShed Partners, and Abstract participating. Status has 13M generated worlds and 5M character profiles. ↩

  64. TechCrunch, “General Catalyst just led a $63M bet on India’s travel payments market,” May 20, 2026. Accessed May 2026. https://techcrunch.com/2026/05/20/indian-travel-fintech-scapia-more-than-doubles-valuation-to-over-500m-in-a-year/ — Confirms General Catalyst led Scapia’s $63M Series C on May 21, 2026 at $500M+ post-money valuation (up from $200M in April 2025); Peak XV Partners and Z47 participated. Cross-referenced with Business Standard, https://www.business-standard.com/companies/news/scapia-raises-63-million-in-series-c-round-led-by-general-catalyst-126052100896_1.html.↩

  65. Modal Blog, “Modal’s Series C: Raising $355M at a $4.65B valuation,” May 21, 2026. Accessed May 2026. https://modal.com/blog/modal-series-c — Confirms General Catalyst co-led Modal Labs’ $355M Series C with Redpoint on May 21, 2026 at $4.65B valuation. Cross-referenced with SiliconANGLE, https://siliconangle.com/2026/05/21/serverless-ai-infrastructure-startup-modal-labs-seals-355m-funding-round/ — Menlo Ventures, Bain Capital Ventures, and Accel joined as new investors. Revenue grew from $60M to $300M ARR in 8 months. ↩

  66. TechCrunch, “AI coding startup Cognition raises $1B at $25B pre-money valuation,” May 27, 2026. Accessed May 2026. https://techcrunch.com/2026/05/27/ai-coding-startup-cognition-raises-1b-at-25b-pre-money-valuation/ — Confirms General Catalyst co-led Cognition’s $1B+ round on May 27, 2026 at $26B post-money with Lux Capital and 8VC; Founders Fund, Elad Gil, Soma Capital, Omri Casspi, Ribbit Capital, Atreides, and Layer Global participated. ↩

  67. Fortune, “Exclusive: Geordie AI, cybersecurity startup for AI agents, raises $30 million Series A round,” May 28, 2026. Accessed May 2026. https://fortune.com/2026/05/28/geordie-security-governance-ai-agents/ — Confirms General Catalyst as follow-on investor in Geordie AI’s $30M Series A on May 28, 2026 led by Balderton Capital at ~$180M post-money valuation; Crosspoint Capital (new) and Ten Eleven Ventures (follow-on) participated. ↩

  68. “Factorial Raises $150M Series D, Reaches $2.5 Billion Valuation to Become One of the Most Valuable AI Scale-Ups in Europe,” PR Newswire, June 3, 2026. Accessed June 2026. https://www.prnewswire.co.uk/news-releases/factorial-raises-150m-series-d-reaches-2-5-billion-valuation-to-become-one-of-the-most-valuable-ai-scale-ups-in-europe-302789078.html — Confirms General Catalyst led Factorial’s $150M Series D on June 3, 2026 at $2.5B valuation; Atomico and Four Rivers participated. GC additionally committed up to $540M via its Customer Value Fund. ↩