General Catalyst

Venture capital firm
Cambridge, MA

Strategy

Stages
SeedSeries ASeries BGrowth
Sectors
EnterpriseConsumerHealthcareFintechAIClimate
Geographies
USACambridge, MA
Check size
$1M-$100M

Funds

1
FundVintageSizeStrategyStageStatus
New Mega-Fund2026$10B targetMulti-stage venture / financial servicesMulti-stage
raising
As of Mar 11, 2026EstimatedTechCrunch

Portfolio

13 total

Recent Investment Activity

1
DateCompanyEventAmountValuationInvestorsSource
Aug 27, 2026TransfyrSeed$25M
outlined = lead
Pulse story

Sector / Stage Activity

By sector (portfolio)
AI infra
5 · 38%
Defense
4 · 31%
Fintech
2 · 15%
Quantum computing
1 · 8%
Crypto
1 · 8%

Co-Investors

12

Latest Pulse

Pulse coverage →
  1. Miami's Felix Raises $200M for WhatsApp BankingFelix, a Miami-based WhatsApp remittance platform for Latino immigrants, raised $200 million in a Series C split between $87 million of equity led by Andreessen Horowitz and $113 million of debt from General Catalyst.
  2. Miami's Felix Raises $200M to Grow Beyond RemittancesFélix, a Miami-based WhatsApp remittance platform for Latino immigrants, raised $200 million -- $87M in equity led by a16z and $113M in debt from General Catalyst -- with its valuation tripling since last year's Series B.
  3. Transfyr Raises $25M to Record Science That Gets LostTransfyr launched with $25 million in seed funding led by General Catalyst to build an observability layer that captures the practical, undocumented details of scientific lab work.
  4. General Catalyst Leads $1.1B Round Into 2-Month-Old River AIRiver AI, founded by xAI co-founder Igor Babuschkin, raised $1.1 billion led by General Catalyst just two months after stealth, betting enterprises can train AI models without a dedicated infra team.
  5. Function Health Raises $450M From General CatalystFunction Health raised $450 million in growth financing from General Catalyst's Customer Value Fund, eight months after a $298 million Series B, to keep scaling its lab-testing-and-imaging preventive health platform nationwide.
  6. Dwelly Raises $170M To Roll Up UK Lettings AgenciesAI proptech startup Dwelly raised $170 million -- $95 million in equity led by EQT Growth and General Catalyst, plus a $75 million debt facility from Trinity Capital -- to keep acquiring and automating UK residential lettings agencies.
  7. General Catalyst Overtakes Y Combinator in Fintech Deal CountGeneral Catalyst has pulled ahead of Y Combinator as the most active lead investor in fintech rounds of $5 million or more, ending YC's long run atop the category.
  8. Beckham's IM8 Takes $1B From General Catalyst's CVFIM8, David Beckham's health-drink startup, took $1 billion from General Catalyst's Customer Value Fund, an unusual structure that finances growth marketing spend instead of pure equity dilution.
  9. General Catalyst, YC, a16z Top Active US Investor RanksGeneral Catalyst, Y Combinator and Andreessen Horowitz were Q2 2026's most active US investors, with over two-thirds of their deals going into AI startups, according to Crunchbase data.
  10. Together AI Raises $800M at $8.3B Valuation as Open-Source Inference Demand TriplesTogether AI closed an $800 million Series C on July 1 at an $8.3 billion post-money valuation, more than doubling its prior mark. The round was led by Aramco Ventures with Vista Equity Partners, General Catalyst, Emergence Capital, Nvidia, March Capital and others participating, as annual bookings crossed $1.15 billion on the back of open-source model usage tripling industry-wide in twelve months.
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