General Catalyst

General Catalyst, formerly General Catalyst Partners (GCP), is an American venture capital firm focused on early stage and growth investments.[1] The firm was founded in 2000[2] in Cambridge, Massachusetts, and also has offices in San Francisco, Palo Alto, London[3] and New York City.[4]

General Catalyst
TypePrivate
IndustryVenture capital
Founded2000 (2000)
HeadquartersCambridge, Massachusetts, Palo Alto, California, New York, New York, San Francisco, California United States
Key people
Joel Cutler, David Fialkow, Larry Bohn, Phil Libin, Adam Valkin, David Orfao, Hemant Taneja, Steve Herrod, Niko Bonatsos
ProductsInvestments
Number of employees
40+
Websitewww.generalcatalyst.com

History

General Catalyst was founded by John Simon, Joel Cutler, David Fialkow and David Orfao in 2000.[5][6] In 2011, the firm opened an office in Palo Alto and shortly after raised a $500 million fund.[7] In 2013, it announced a $675 million fund followed by a $845 million fund in 2016.[8] In 2018, the company raised $1.4 billion for its ninth fund.[9] In August 2021, General Catalyst announced a deal with for-profit healthcare provider HCA Healthcare to develop digital solutions to streamline workflows and improve patient care; as part of the deal, General Catalyst's portfolio company Commure bought HCA's healthcare app development firm PatientKeeper.[10]

References
  1. "Strategy". Retrieved July 9, 2014.
  2. "About". Retrieved July 9, 2014.
  3. "General Catalyst pushes farther into Europe/Israel, hiring Chris Bischoff for London office". TechCrunch. Retrieved 2021-07-14.
  4. "General Catalyst leads Series B round for Elysium Health - PE Hub". PE Hub. 2016-12-06. Retrieved 2017-08-13.
  5. "Venture firm General Catalyst loses co-founder". Fortune. Retrieved 2018-07-02.
  6. "Xconomy: General Catalyst Bags $1.4B for Ninth Fund as Tech Investors Go Big". Xconomy. 2018-03-26. Retrieved 2018-07-02.
  7. "No fundraising woes for General Catalyst; VC firm gets new $500M fund". www.bizjournals.com. Retrieved 2020-05-31.{{cite web}}: CS1 maint: url-status (link)
  8. Woodward, Curt (4 February 2016). "General Catalyst corrals $845m for fund". The Boston Globe. Retrieved 2020-05-31.
  9. "General Catalyst raises $1.4B for new fund". www.bizjournals.com. Retrieved 2018-07-02.
  10. Brian, Gormley (August 18, 2021). "General Catalyst, HCA Healthcare Team Up on Digital Innovation". The Wall Street Journal.

See Also
  • Chris Hughes, Facebook cofounder, General Catalyst Entrepreneur in Residence


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