General Catalyst

Deel unloads $300M in secondary sale, brings General Catalyst on as an investor

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 […]

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Hippocratic AI raises $141M for creating patient-facing AI agents

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

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Healthcare analytics platform H1 has acquired Ribbon, backed by a16Z and General Catalyst

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

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General Catalyst and Khosla Ventures back data mapping startup Lume

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.

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Equity Live: Bret Taylor’s $4.5 billion startup and Waymo’s $5.6 billion round

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

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YC startup Pharos lands a $5M seed led by Felicis to bring AI to hospital quality reporting

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

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General Catalyst raises $8B in fresh funds to back startups globally

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,

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Desktop AI assistant app Highlight spins out of Medal with $10M in funding

Earlier this year, Medal, a startup known for its video game clipping features, launched a cross-platform AI assistant called Highlight. Now, the company is spinning off Highlight into a new entity, which has raised $10 million in a funding round. General Catalyst led the funding round with Valor, SV Angel, and Conviction Embed participating in

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General Catalyst reportedly to back Saudi Arabian startup

Despite Saudi Arabia’s record of human rights abuses, some investors are warming up to investing in the country’s startups. General Catalyst is planning to invest in a Saudi Arabia-based fintech startup, Lean Technology, the firm’s first investment in the Middle Eastern nation, the Information reported. Other Saudi Arabian startups that US-based investors recently backed include

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