Venture capital firm
General Catalyst portfolio
generalcatalyst.comGeneral Catalyst is a venture capital firm based in Cambridge, United States, founded in 2000. It has invested in 574 venture-backed companies across 881 funding rounds on VCMC, and led 347 of those rounds. 134 of them were in the last 12 months.
574
Venture-backed companies
in its portfolio on VCMC
881
Funding rounds
led 347
134
Last 12 months
rounds, Oct 2025 to Sep 2026
194
With a disclosed valuation
of 574 companies
$2.27T
Combined value of its private companies
the whole companies, not what General Catalyst owns
547 private companies General Catalyst has backed have a VCMC valuation; together they are worth $2.27T. That is the value of the whole companies, not what General Catalyst owns. Anthropic is 48% of the total. 27 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
General Catalyst's most valuable portfolio companies
The 10 most valuable private companies General Catalyst has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Anthropic Tech Companies, San Francisco $1.09T range $838.9B – $1.51T Joined at Series E, 2025
- 2 Stripe Payment Processing & Point of Sale, Paris $173.0B range $138.2B – $207.9B Led at Series A, 2011
- 3 Anduril Aerospace and Defence, Costa Mesa $68.6B range $53.0B – $91.2B Joined at Seed, 2019
- 4 Ramp Tech Companies, New York $60.1B range $52.2B – $75.9B Joined at Series D, 2023
- 5 Canva Tech Companies, Surry Hills $37.7B range $15.4B – $73.7B Led at Growth, 2019
- 6 Cognition Tech Companies, San Francisco $28.1B range $22.6B – $36.2B Led at Growth, 2026
- 7 Kalshi Financial Services, New York $25.2B range $19.1B – $34.0B Joined at Series D, 2025
- 8 Mistral AI Software Development Services, Paris $25.2B range $21.2B – $36.6B Led at Series A, 2023
- 9 Skild AI Software Development Services, Pittsburgh $23.2B range $12.2B – $31.0B Joined at Seed, 2023
- 10 Polymarket Cryptocurrency, New York $21.4B range $18.3B – $26.6B Led at Seed, 2020
Portfolio
Full General Catalyst portfolio (574 companies)
574 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Stripe Payment Processing & Point of Sale · led at Series A, 2011 | Growth Equity Feb 2026 $159.00B | $173.0B | $138.2B – $207.9B | $180.8B (+4%) | $17.7B | 0% | 16,600 | growing | A | |
| 2 | Anthropic Tech Companies · since Series E, 2025 | Series H May 2026 $65.00B | $1.09T | $838.9B – $1.51T | $1.31T (+20%) | $144.0B | 0% | 6,076 | growing | A | |
| 3 | Anduril Aerospace and Defence · since Seed, 2019 | Series H May 2026 $5.00B | $68.6B | $53.0B – $91.2B | $79.3B (+16%) | $8.7B | 0% | 9,860 | growing | A | |
| 4 | Armis Tech Companies · led at Series D, 2024 | Growth Equity Dec 2025 $7.75B | $7.8B | $6.7B – $9.0B | $6.0B (-23%) | $729M | 78% | 912 | down | A | |
| 5 | Mistral AI Software Development Services · led at Series A, 2023 | Series D Sep 2026 $3.50B | $25.2B | $21.2B – $36.6B | $31.8B (+26%) | $3.8B | 0% | 1,715 | growing | A | |
| 6 | Ramp Tech Companies · since Series D, 2023 | Growth Equity Oct 2026 $1.85B | $60.1B | $52.2B – $75.9B | $66.0B (+10%) | $5.9B | 0% | 6,282 | growing | A | |
| 7 | Helsing Aerospace and Defence · led at Series B, 2023 | Series E Jul 2026 $1.80B | $19.5B | $15.6B – $27.5B | $23.9B (+23%) | $2.9B | 0% | 895 | growing | A | |
| 8 | Polymarket Cryptocurrency · led at Seed, 2020 | Growth Equity Aug 2026 $1.00B | $21.4B | $18.3B – $26.6B | $23.1B (+8%) | $2.1B | 0% | 342 | growing | A | |
| 9 | Saronic Technologies Aerospace and Defence · since Series C, 2025 | Series D Mar 2026 $1.75B | $11.1B | $8.0B – $14.7B | $12.8B (+15%) | $1.4B | 0% | 1,363 | growing | B | |
| 10 | Wonder Food delivery · since Series B, 2022 | Series D Jul 2026 $650M | $9.7B | $7.8B – $13.5B | $11.7B (+21%) | $1.3B | 0% | 10,359 | flat | A | |
| 11 | Kalshi Financial Services · since Series D, 2025 | Series F May 2026 $1.00B | $25.2B | $19.1B – $34.0B | $29.6B (+17%) | $3.3B | 0% | 583 | growing | A | |
| 12 | Relativity Space Aerospace and Defence · since Series D, 2020 | Series F Nov 2023 $1.05B | $19.0B | $10.6B – $26.9B | $15.4B (-19%) | $2.1B | 0% | 1,991 | growing | B | |
| 13 | Devoted Health Insurance - Agents, Carriers & Brokers · since Series A, 2017 | Series F Nov 2025 $48M | $18.0B | $11.5B – $20.8B | $18.1B (+1%) | $2.0B | 0% | 2,371 | up | A | |
| 14 | Kavak Hosting & Cloud Infrastructure Providers · led at Series E, 2021 | Series F Feb 2026 $300M | $10.4B | $7.6B – $13.0B | $11.3B (+9%) | $1.2B | 0% | 4,100 | unknown | A | |
| 15 | Skild AI Software Development Services · since Seed, 2023 | Series C Jan 2026 $1.40B | $23.2B | $12.2B – $31.0B | $26.9B (+16%) | $3.0B | 0% | 178 | growing | B | |
| 16 | CRED Payment Processing & Point of Sale · since Series B, 2019 | Series H Jun 2026 $900M | $4.9B | $3.9B – $6.7B | $5.8B (+19%) | $739M | 0% | 2,252 | up | A | |
| 17 | Motive Tech Companies · led at Growth, 2026 | Growth Equity Sep 2026 $1.30B | $14.6B | $9.5B – $24.2B | $15.9B (+9%) | $1.4B | 0% | 6,205 | up | B | |
| 18 | Motive Tech Companies · led at Growth, 2026 | Growth Equity Sep 2026 $1.30B | $7.4B | $5.2B – $11.5B | $8.1B (+9%) | $792M | 0% | 259 | flat | B | |
| 19 | Castelion Aerospace and Defence · since Series B, 2025 | Series C Aug 2026 $1.00B | $13.6B | $11.3B – $19.4B | $16.9B (+24%) | $1.9B | 0% | 254 | growing | A | |
| 20 | ICEYE Aerospace and Defence · led at Series E, 2025 | Series F Jun 2026 $520M | $12.8B | $10.0B – $17.6B | $15.3B (+19%) | $1.8B | 0% | 1,128 | growing | A | |
| 21 | Legora Tech Companies · led at Series B, 2025 | Series E Oct 2026 $550M | $8.8B | $7.7B – $13.2B | $11.4B (+30%) | $1.4B | 0% | 187 | up | A | |
| 22 | Slate Auto Automobile Dealers & Manufacturers · since Series A, 2025 | Series C Apr 2026 $650M | $8.1B | $5.1B – $13.4B | $9.4B (+16%) | $1.0B | 0% | 814 | growing | B | |
| 23 | Together AI Tech Companies · led at Series B, 2025 | Series C Jul 2026 $800M | $9.1B | $7.2B – $12.8B | $11.1B (+22%) | $1.2B | 0% | 432 | growing | A | |
| 24 | Grammarly Tech Companies · led at Series A, 2017 | Growth Equity May 2025 $1.00B | $8.2B | $5.1B – $14.1B | $5.0B (-40%) | $980M | 97% | 951 | shrinking | B | |
| 25 | Rapyd Payment Processing & Point of Sale · led at Series B, 2019 | Growth Equity Feb 2025 $500M | $4.8B | $3.1B – $5.8B | $4.4B (-7%) | $560M | 19% | 857 | up | B | |
| 26 | Applied Intuition Tech Companies · led at Series B, 2019 | Series F Jun 2025 $600M | $20.9B | $13.7B – $24.0B | $20.9B (0%) | $2.3B | 0% | 1,625 | growing | A | |
| 27 | Cognition Tech Companies · led at Growth, 2026 | Growth Equity May 2026 $1.00B | $28.1B | $22.6B – $36.2B | $31.5B (+12%) | $2.8B | 0% | 592 | growing | A | |
| 28 | RiverAI Software Development Services · led at Seed, 2026 | Seed Aug 2026 $1.10B | $21.9M | $9.67M – $76.8M | $38.5M (+76%) | $7.56M | 0% | 16 | growing | D | |
| 29 | Monzo Banks & ATMs · since Growth, 2019 | Series I Dec 2024 $534M | $9.7B | $5.5B – $13.7B | $9.7B (0%) | $1.2B | 0% | 5,631 | growing | B | |
| 30 | Ualá Financial Services · since Series A, 2018 | Growth Equity Mar 2026 $195M | $3.4B | $2.8B – $4.0B | $3.5B (+3%) | $386M | 0% | 1,500 | unknown | A | |
| 31 | Ro Health Care Services · led at Seed, 2017 | Growth Equity Feb 2022 $150M | $5.7B | $844M – $8.6B | $5.6B (-2%) | $693M | 0% | 1,481 | up | D | |
| 32 | Neko Health Health Care Services · since Series A, 2023 | Series C Jul 2026 $700M | $7.6B | $6.1B – $10.8B | $9.4B (+24%) | $1.1B | 0% | 751 | growing | A | |
| 33 | RingCentral Tech Companies · led at Series C, 2021 | Series D Aug 2021 $450M | $11.8B | $1.2B – $21.0B | $11.2B (-5%) | $2.0B | 24% | 310 | unknown | D | |
| 34 | IM8 Health Vitamins & Supplements · since Growth, 2026 | Growth Equity Jul 2026 $1.00B | $11.6B | $7.6B – $19.9B | $13.1B (+13%) | $1.2B | 0% | 60 | growing | B | |
| 35 | Deel Software Development Services · since Series E, 2025 | Series E Oct 2025 $300M | $18.4B | $15.0B – $21.2B | $15.1B (-18%) | $2.6B | 81% | 9,646 | flat | A | |
| 36 | Luma AI Tech Companies · since Series A, 2023 | Series C Nov 2025 $900M | $4.8B | $3.5B – $5.6B | $4.5B (-5%) | $572M | 27% | 191 | flat | A | |
| 37 | Perk Tech Companies · led at Series D, 2022 | Debt Sep 2026 $34M | $3.6B | $1.6B – $4.2B | $3.5B (-1%) | $402M | 4% | 49 | flat | B | |
| 38 | Pacific Fusion Renewable energy companies · led at Series A, 2024 | Series A Oct 2024 $900M | $12.7B | $5.5B – $19.3B | $12.7B (0%) | $1.8B | 0% | 225 | growing | C | |
| 39 | Chainguard Tech Companies · led at Growth, 2025 | Growth Equity Oct 2025 $280M | $3.6B | $2.2B – $5.5B | $3.6B (0%) | $327M | 0% | 766 | growing | B | |
| 40 | ThoughtSpot Tech Companies · led at Series C, 2016 | Series G Oct 2025 $248M | $5.5B | $3.6B – $6.4B | $5.5B (0%) | $607M | 0% | 1,781 | flat | A | |
| 41 | Weee! Groceries · since Series E, 2022 | Series E Feb 2022 $425M | $4.2B | $361M – $6.2B | $3.9B (-7%) | $682M | 0% | 916 | flat | D | |
| 42 | Vercel Hosting & Cloud Infrastructure Providers · since Series F, 2025 | Series F Sep 2025 $300M | $12.8B | $8.2B – $14.7B | $12.8B (0%) | $1.4B | 0% | 1,026 | growing | A | |
| 43 | Olive Tech Companies · led at Growth, 2020 | Series H Jul 2021 $400M | $3.6B | $348M – $6.0B | $3.5B (-4%) | $572M | 20% | 660 | unknown | D | |
| 44 | Function Health Medical Laboratories · led at Growth, 2026 | Growth Equity Jul 2026 $450M | $2.6B | $2.2B – $3.2B | $2.8B (+8%) | $248M | 0% | – | up | A | |
| 45 | Cityblock Health Health Care Services · led at Series C, 2020 | Series E Aug 2026 $116M | $1.5B | $953M – $2.7B | $1.8B (+18%) | $207M | 20% | 845 | flat | B | |
| 46 | Fivetran Tech Companies · led at Series C, 2020 | Series D Sep 2021 $565M | $7.2B | $1.0B – $10.7B | $6.9B (-4%) | $1.1B | 0% | 1,851 | up | D | |
| 47 | Glean Tech Companies · since Series C, 2022 | Series F Jun 2025 $150M | $10.0B | $6.1B – $11.5B | $10.0B (0%) | $1.1B | 0% | 1,632 | up | B | |
| 48 | Commure Tech Companies · led at Growth, 2025 | Growth Equity Jun 2025 $200M | $2.5B | $1.2B – $3.8B | $2.5B (0%) | $224M | 0% | 1,566 | flat | B | |
| 49 | Current Banks & ATMs · since Growth, 2024 | Series E Jun 2026 $80M | $1.7B | $1.3B – $2.3B | $2.0B (+21%) | $223M | 0% | 510 | growing | A | |
| 50 | Mainspring Energy Electric Supplies & Power Generation · led at Series F, 2025 | Series F Apr 2025 $258M | $4.3B | $1.7B – $6.1B | $4.3B (0%) | $471M | 0% | 526 | flat | C |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How General Catalyst invests: stages, industries and countries
Most of its rounds are Series C and later (34%). Its companies span 101 industries, most in Tech Companies, Software Development Services and Payment Processing & Point of Sale, across 29 countries.
Rounds by stage
- Pre-seed 8
- Seed 188
- Series A 213
- Series B 172
- Series C and later 298
- Other venture 2
Investments by industry
- Tech Companies 285
- Software Development Services 22
- Payment Processing & Point of Sale 18
- Health Care Services 15
- Aerospace and Defence 13
- Biotechnology 9
- Insurance - Agents, Carriers & Brokers 9
- Investment Consultants & Financial Advisors 7
Investments by country
- United States 444
- United Kingdom 30
- India 24
- Germany 18
- France 6
- Australia 5
Recent rounds
General Catalyst's latest investments
General Catalyst's most recent funding rounds, newest first. 134 rounds in the last 12 months.
- Series D $130M 22 Oct 2026
- Legora Series E $550M 21 Oct 2026
- Growth $320M 20 Oct 2026
- Ramp Growth $1.85B 15 Oct 2026
- Varda Space Industries Series D $251M 30 Sep 2026
- Series C, led $340M 23 Sep 2026
- Seed, led $11M 16 Sep 2026
- Series A $21M 16 Sep 2026
- Series B $40M 15 Sep 2026
- Series C $108M 15 Sep 2026
Co-investors
General Catalyst's top co-investors
The investors that most often join the same rounds as General Catalyst. Andreessen Horowitz leads, with 104 rounds together.
- Andreessen Horowitz 104 rounds together
- Y Combinator 100 rounds together
- Lightspeed Venture Partners 65 rounds together
- Founders Fund 63 rounds together
- Khosla Ventures 59 rounds together
- Sequoia Capital 53 rounds together
- Accel 45 rounds together
- Lux Capital 38 rounds together
- Coatue 34 rounds together
- Bessemer Venture Partners 34 rounds together
About
About General Catalyst
General Catalyst Group Management, LLC is an American investment and transformation company that operates as a venture capital firm, wealth management provider, and advisory services firm. The company invests in early-stage and growth-stage companies across sectors such as AI, healthcare, defense, manufacturing, and energy, and manages a portfolio of over 800 businesses. General Catalyst also provides wealth management services to individuals, families, and organizations, and offers advisory services to founders and companies. Additionally, the company operates the General Catalyst Institute, which collaborates with policymakers and startups to develop policy initiatives in areas such as AI, healthcare, defense, manufacturing, and energy.
Description from Veridion's company data.
- Founded
- 2000
- Based in
- Cambridge, United States
- Team
- 406 people, +13% in a year
- Type
- Venture capital firm
Focus markets
- Healthcare
- Defense
- Manufacturing
- Energy
- Financial Services
What General Catalyst offers
- Venture Capital Investment Services
- Seed Funding Services
- Growth Stage Investment Services
- Portfolio Company Advisory Services
- Strategic Business Development Services
- Wealth Management Services
- AI-Enabled Growth Solutions Development
- Customer Value Fund Structuring
Questions
General Catalyst: frequently asked questions
How many companies has General Catalyst invested in?
574 venture-backed companies on VCMC, across 881 funding rounds.
What are General Catalyst's most valuable private companies?
Anthropic ($1.09T), Stripe ($173.0B), Anduril ($68.6B), by VCMC's valuation.
What was General Catalyst's latest investment?
Tractian, a Series D round in Oct 2026 of $130M.
Which stages does General Catalyst invest in?
General Catalyst invests most often at Series C and later (298 rounds), followed by Series A (213) and seed (188). It has also joined 172 Series B, 8 pre-seed and 2 other venture rounds.
What is General Catalyst's portfolio worth?
Its private companies with a VCMC valuation are worth $2.27T together. That is the sum of the companies' values, not what General Catalyst owns.
Who does General Catalyst invest alongside?
Andreessen Horowitz (104 rounds), Y Combinator (100 rounds), Lightspeed Venture Partners (65 rounds).