General Catalyst, the global investment and transformation firm, has closed its largest global fund to date, raising over €7.5 billion in new capital. This historic fund aims to support the world’s most ambitious entrepreneurs, transcending the traditional venture capital model to tackle pressing global challenges.
The new fund family will fuel General Catalyst’s investments in key strategic areas, from early-stage venture capital to company creation, and even the transformation of entire ecosystems. This ambitious capital pool signifies the firm’s continued evolution, driving ventures that can create outsized impact across industries.
A breakdown of the new fund
The new billion fund will be allocated across three core areas:
- €4.19 billion for core venture capital investments at both the seed and growth equity stages, with funds dedicated to their “Ignition” (early-stage), “Endurance” (growth-stage), and “Health Assurance” strategies.
- €1.40 billion focused on company creation, including venture buyouts and building new businesses from the ground up.
- €1.86 billion in separately managed accounts (SMAs), aimed at developing groundbreaking technologies and businesses.
Venturing beyond: A new vision for founders
General Catalyst’s transformation efforts stretch far beyond financial backing. The company has built several innovative models to support founders throughout their journey, including the Customer Value Strategy, which provides non-dilutive capital, and the GC Transformation Flywheel, a platform that connects innovators with adopters to scale industry-wide transformations.
In the healthcare sector, General Catalyst launched the Health Assurance Transformation Company, which collaborates with 15% of U.S. healthcare operations, using technology to improve patient care. Expanding their transformative efforts, the firm recently introduced the GC Institute, a pioneering body connecting start-ups with global governments to shape public policy through cutting-edge technologies.
A Legacy of Innovation
With over 45 successful companies incubated, including Commure, Kayak, Livongo, and Crescendo, General Catalyst has long been at the forefront of global innovation. The firm has also invested at the earliest stages in disruptive companies like Snap, Stripe, Mistral, and Anduril—proving its ability to spot potential and back companies with global reach.
Taneja’s vision is to continue pushing boundaries. “We are powered by early-stage venture capital at our core, and we’re excited to dream bigger. By co-creating with our GC Famiglia of founders, business leaders, and policymakers, we can expand what’s possible,” he stated.
Global ambitions: Europe in focus
General Catalyst’s European operations are also set for growth. Jeannette zu Fürstenberg, Managing Director and Head of Europe at General Catalyst, highlighted the region’s potential. “Europe, with its exceptional talent pool and unique industrial landscape, is poised to thrive with pioneering technology companies in the next decade,” zu Fürstenberg said.
With offices across major cities including San Francisco, London, New York, and Berlin, General Catalyst is well-positioned to support entrepreneurs globally. The firm’s mission remains clear: partner with founders who aim to make a lasting, positive impact and fuel ventures that challenge the status quo.
