Three key investors have left General Catalyst amidst a series of recent changes at the firm, which now describes itself as an “investment and transformation company,” TechCrunch has learned. The departed managing directors include Deep Nishar and Kyle Doherty, who co-led General Catalyst’s late-stage strategy known as Endurance, and Adam Valkin, one of the three […]
General Catalyst, the powerhouse venture firm, is considering an IPO, Axios reported Friday morning, citing “multiple sources.” TechCrunch has reached out to the firm’s managing partner, Hemant Taneja, for comment. In the meantime, those following General Catalyst’s trajectory won’t be surprised by the prospect. Founded 25 years ago as a small Cambridge, Mass.-based venture firm,
General Catalyst is reportedly weighing a potential IPO Read More »
Fintech-turned-HR outfit Deel is trying to lay the groundwork for an IPO. On Tuesday, it said its annual revenue run rate climbed to $800 million in 2024 after growing by 70%. The startup, which helps businesses globally hire, manage and pay employees remotely, also said it has sold $300 million in secondary shares to General
Deel unloads $300M in secondary sale, brings General Catalyst on as an investor Read More »
Hippocratic AI, a startup building AI solutions that can handle non-diagnostic patient-facing tasks, secured a massive $141 million Series B at a valuation of $1.64 billion led by Kleiner Perkins, the company announced Thursday. The funding comes nine months after Hippocratic AI raised a $53 million round from General Catalyst and Andreessen Horowitz and five
Hippocratic AI raises $141M for creating patient-facing AI agents Read More »
H1, a healthcare data analytics platform serving the pharmaceutical industry with data on over 10 million healthcare professionals, has acquired Ribbon, a startup that helps patients find doctors that are supported by their insurance. Financial terms of the deal have not been disclosed. The last time that Ribbon — founded in 2016 and a Y
Data integration is a necessary part of many workflows from onboarding customer data to exercising payroll, but for many data sets the process is long and manual. Data is siloed into databases and SaaS applications that each keep the information in different formats, which makes it difficult to move information from one database to another.
General Catalyst and Khosla Ventures back data mapping startup Lume Read More »
The Equity crew was live at TechCrunch Disrupt 2024! Hosts Kirsten Korosec, Devin Coldewey and Margaux MacColl took over the Builders Stage to kick off day 2 of Disrupt with no shortage of conference highlights, startups deals and venture news to chew through. Listen to the full episode to hear about: Equity will be back with a special interview episode on
Equity Live: Bret Taylor’s $4.5 billion startup and Waymo’s $5.6 billion round Read More »
In this episode of the StrictlyVC Download, Connie Loizos and Alex Gove spoke with Pranav Singhvi and Hemant Taneja of General catalyst, which is one of the biggest venture firms on the planet. They discussed a product that general catalyst created some five years ago, and that was reminiscent of GE leasing. Listen to the
General Catalyst Layers in Financing to Boost Its Fortunes Read More »
Medical and administrative staff are increasingly overwhelmed with piles of paperwork they have to fill out every day. Dozens, if not hundreds, of startups, are seeing opportunities to make those bureaucratic processes less burdensome with the help of generative AI. These companies are building AI medical scribes, platforms for pre-authorizing health insurance payments, and products
U.S. venture capital giant General Catalyst has announced a fresh $8 billion in funds as it looks to ramp up its investments in multi-sector early-stage startups globally, with a specific focus on the U.S., Europe, and India. The capital constitutes around $4.5 billion for its “core VC funds” which spans seed and growth equity funding,
General Catalyst raises $8B in fresh funds to back startups globally Read More »
