# General Catalyst: portfolio, investments and team

> General Catalyst is a vc firm based in United States. 1,384 investments on record, 272 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/general-catalyst (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# General Catalyst

Last cheque observed Oct 2026; 1384 cheques on record.

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Deploying now New fund $81M, Oct 2026 VC firm

Seed Series A Series B AI Healthcare Wealth

Follow General Catalyst and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fgeneral-catalyst)

Deploying now

**90%** of best year **272** **cheques in 12 months**, 1,384 on record

Since the last cheque **1** days **00** hrs **00** min **00** sec

Median round **$27M** Cheque size, as they say **$25K – $30M** Rounds led **95 of 1,384** Sole investor **73 rounds** Exits **52 from the portfolio** Mostly in **United States, 70%**

Pitch General Catalyst

## General Catalyst highlights

- 01 272 cheques in the last 12 months
- 02 Mostly Series A and Seed: 52% of its rounds
- 03 Sole investor in 73 rounds, median $14M
- 04 52 exits from the portfolio

## What they do

> General Catalyst is a global investment and transformation company that partners with the world’s most ambitious entrepreneurs to drive resilience and applied AI. From their own website

- **Type:** VC firm
- **Cheque size:** $25K – $30M as they say
- **Stages:** Seed Series A Series B Growth
- **Sectors:** AI Healthcare Wealth
- **Based in:** San Francisco, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **1,384 appearances**

- **2026** 223 rounds
- **Oct** **[Serval](https://millionrounds.com/company/serval)** Series C · US · Google News search **$150M** With 8 others
- **Oct** **[Dren Bio](https://millionrounds.com/company/dren-bio)** US · Wowtale **$350M** With 13 others
- **Oct** **[Collective](https://millionrounds.com/company/collective)** Series B · US · Fintech Global **$100M** *Led*
- **Oct** **[Collective](https://millionrounds.com/company/collective)** Series B · US · AI Insider **$40M** *Led*
- **Oct** **[Fragment](https://millionrounds.com/company/fragment)** Series A · US · Tech Funding News **$56M** With 7 others
- **Oct** **[Re:Build](https://millionrounds.com/company/re-build)** US · Wowtale **$2.1B** *Led*
- **Oct** **[Hyperbolic](https://millionrounds.com/company/hyperbolic)** Series A · US · AI Funding Tracker **$30M** With 5 others
- **Oct** **[axiTrust](https://millionrounds.com/company/axitrust)** Series A · IN · Inc42 **$5.0M** With 1 other
- **Oct** **[Scapia](https://millionrounds.com/company/scapia)** IN · Google News search **$63M** *Led*
- **Oct** **[Matiks](https://millionrounds.com/company/matiks)** Pre-seed · IN · Bharat Fast **$10M** *Led*
- **Oct** **[Tractian](https://millionrounds.com/company/tractian)** Series D · BR · Google News search **$130M** With 14 others
- **Oct** **[Legora](https://millionrounds.com/company/legora)** Series E · SE · Google News search **$550M** With 17 others
- **Oct** **[Otter.ai](https://millionrounds.com/company/otter-ai)** Growth · US · Wowtale **$320M** *Led*
- **Oct** **[Baba](https://millionrounds.com/company/baba)** Series A · US · Google News search **$40M** With 5 others
- **Oct** **[Different](https://millionrounds.com/company/different)** Seed · US · Pulse 2.0 **$48M** *Led*
- **Oct** **[Skyroot Aerospace](https://millionrounds.com/company/skyroot-aerospace)** IN · The Economic Times: startups **$300M** With 2 others
- **Oct** **[Modal Labs Inc.](https://millionrounds.com/company/modal-labs-inc)** Series D · US · Crunchbase News **$750M** With 7 others
- **Oct** **[Ramp](https://millionrounds.com/company/ramp)** Growth · US · AI Funding Tracker **$1.9B** With 24 others
- **Oct** **[Axiom Solutions International](https://millionrounds.com/company/axiom-solutions-international)** US · Crunchbase News **$2.0B** With 1 other
- **Oct** **[Oratomic](https://millionrounds.com/company/oratomic)** Series B · US · Silicon Angle **$475M** *Led*
- **Oct** **[Melius](https://millionrounds.com/company/melius)** Series A · US · Leap Ventures **$20M** With 4 others
- **Sept** **[Proximal](https://millionrounds.com/company/proximal)** Seed · US · The SaaS News **$15M** *Led*
- **Sept** **[Sol Foundry](https://millionrounds.com/company/sol-foundry)** IN · Inc42 **$4.0M** With 4 others
- **Sept** **[Disha](https://millionrounds.com/company/disha)** Series A · IN · Ventureburn **$6.0M** *Led*
- **Sept** **[Integral](https://millionrounds.com/company/integral)** Series A · DE · Tech.eu **$21M** With 4 others
- **Sept** **[Complir](https://millionrounds.com/company/complir)** Seed · DK · Tech.eu **$11M** *Led*
- **Sept** **[Evvy](https://millionrounds.com/company/evvy)** Series B · US · TechCrunch **$40M** With 12 others
- **Sept** **[Thatch](https://millionrounds.com/company/thatch)** Series C · US · TechCrunch **$108M** With 5 others
- **Sept** **[Primero](https://millionrounds.com/company/primero)** Seed · MX · Contxto **$12M** *Led*
- **Sept** **[Cognition](https://millionrounds.com/company/cognition)** Series E · US · TechCrunch **$2.0B** With 18 others
- **Sept** **[Mistral AI](https://millionrounds.com/company/mistral-ai)** Series D · FR · Samsung Catalyst Fund **$3.5B** With 23 others
- **Sept** **[Forus](https://millionrounds.com/company/forus)** Series C · US · TechStartups **$150M** With 9 others
- **Sept** **[Felix Pago](https://millionrounds.com/company/felix-pago)** Series B · US · Ventureburn **$200M** *Led*
- **Sept** **[Duckbill](https://millionrounds.com/company/duckbill)** Venture · US **$25M** With 5 others
- **Sept** **[Motive](https://millionrounds.com/company/motive)** Debt · US **$1.3B** With 4 others
- **Sept** **[Félix](https://millionrounds.com/company/felix)** Series C · US · LatamList **$200M** *Led*
- **Sept** **[Terragrit LLC](https://millionrounds.com/company/terragrit-llc)** Seed · US **$20M** With 2 others
- **Sept** **[Sunflower Labs](https://millionrounds.com/company/sunflower-labs)** Venture · US **$15M** With 3 others
- **Sept** **[Sol](https://millionrounds.com/company/sol)** Seed · US **$4.0M** With 4 others
- **Sept** **[Sapien](https://millionrounds.com/company/sapien)** Venture · US **Undisclosed** With 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **24 named**

AA **Adam A. Valkin** Managing Director of the General Partner i Filing they signed

AS **Anthony Stanton Dell** Chief Compliance Officer i Form ADV

AD **Ashish Dodia** Manager of the Issuer's Managing Member i Filing they signed

BJ **Brian J. Shortsleeve** Managing Director of the General Partner i Filing they signed

CL **Christopher Luke Mccain** Chief Legal Officer of the General Partner i Filing they signed

DJ **David J. Orfao** Managing Director of the General Partner i Filing they signed

DP **David Paul Fialkow** Member of the GP of the ultimate Managing Member of the Issuer's UGP i Filing they signed

DS **David Steven Breslin** President i Form ADV

HE **Hemant E. Taneja** Member of the GP of the ultimate Managing Member of the Issuer's UGP i Filing they signed

HH **Hemant H. Sagan** Member of the General Partner i Filing they signed

HA **Holly A. Maloney** Member of the General Partner i Filing they signed

HA **Holly A. Maloney McConnell** Managing Director of the General Partner i Filing they signed

JR **Jessica Riley Hale** Chief Compliance Officer i Form ADV

JF **Jody Flaws** Manager of the Issuer's Managing Member i Filing they signed

JE **Joel E. Cutler** Managing Director of the Manager of the Issuer's Manager. i Filing they signed

JA **John A. Kim** Member of the General Partner i Filing they signed

JJ **John J. Simon** Managing Director i Filing they signed

JY **Jonathan Y. Teo** Managing Director i Filing they signed

KO **Kathryn O'Sullivan** Manager i Filing they signed

KI **Kenneth Irvine Chenault** Member of the GP of the ultimate Managing Member of the Issuer's UGP i Filing they signed

KT **Kyle T. Doherty** Managing Director of the General Partner i Filing they signed

LS **Lawrence S. Bohn** Managing Director of the General Partner i Filing they signed

MJ **Mark Joseph Allen** Chief Financial Officer of the General Partner i Filing they signed

MF **Michael Faulkner** Manager i Filing they signed

We also hold **112** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$51B** assets it manages, 2 advisers combined Oct 2026

**13+** funds on file numbered funds in its name

**Registered** investment adviser full reporting to the SEC

- **Legal name:** GC Wealth Management Ria, LLC
- **SEC number:** CRD 327269

Funds on its Form ADV

**40** private funds, **$29B** in gross assets · filed May 2024

Venture **37** Private fund **3**

- General Catalyst Group IX, L.P. *Venture* 117 investors $4.0B
- General Catalyst Group XI - Endurance, L.P. *Venture* 230 investors $2.8B
- General Catalyst Group VIII, L.P. *Venture* 70 investors $2.0B
- General Catalyst Group V Supplemental, L.P. *Venture* 87 investors $1.8B
- General Catalyst Group VI, L.P. *Venture* 57 investors $1.7B
- General Catalyst Group XII, L.P. *Venture* 124 investors $1.1B
- General Catalyst Group X - Growth Venture, L.P. *Venture* 135 investors $1.1B
- General Catalyst Group XI - Ignition, L.P. *Venture* 223 investors $1.1B
- General Catalyst Group X - Early Venture, L.P. *Venture* 133 investors $1.1B
- General Catalyst Group XII - Endurance, L.P. *Venture* 53 investors $1.1B

And 30 more on the filing.

Who backs their funds

## 2 LPs on record in General Catalyst's funds

- **Committed:** $3.7B
- **Funds:** 9
- **Vintages:** 2023 to 2026

The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Mar 2026.

- [**California Public Employees' Retirement System (CalPERS)** 7 funds *$3.3B*](https://millionrounds.com/fund/california-public-employees) Fund Vintage Committed General Catalyst Group XII - Endurance 2024 $294M General Catalyst Group XII - Ignition 2024 $200M General Catalyst Group XII - Creation 2024 $200M General Catalyst Group XII - Health Assurance 2024 $100M Bear Coast (Ventures) Fund 2023 $1.9B Bear Coast (CV) Fund 2023 $400M General Catalyst Group XI - Health Assurance 2023 $200M
- [**Washington State Investment Board** 2 funds *$400M*](https://millionrounds.com/fund/washington-state-investment-board) Fund Vintage Committed General Catalyst Group XIII - Feeder 2026 $200M General Catalyst Group XII 2024 $200M

## Exits from the portfolio

Companies it backed that were later bought or listed **52 in all**

**[Neverware](https://millionrounds.com/company/neverware)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Dec 2020

**[Giphy](https://millionrounds.com/company/giphy)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **$400M** May 2020

**[Semantic Machines](https://millionrounds.com/company/semantic-machines)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **$400M** May 2018

**[Opsmatic](https://millionrounds.com/company/opsmatic)** Bought by New Relic **Undisclosed** Nov 2015

**[Sosh](https://millionrounds.com/company/sosh)** Bought by [Postmates](https://millionrounds.com/fund/postmates) **Undisclosed** Nov 2015

**[Mapsense](https://millionrounds.com/company/mapsense)** Bought by [Apple](https://millionrounds.com/fund/apple) **$25M** Sept 2015

**[Elemental Technologies](https://millionrounds.com/company/elemental-technologies)** Bought by [Amazon](https://millionrounds.com/fund/amazon) **$500M** Sept 2015

**[Paydiant](https://millionrounds.com/company/paydiant)** Bought by PayPal **$280M** Mar 2015

**[Toro](https://millionrounds.com/company/toro)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Feb 2015

**[Red Hot Labs](https://millionrounds.com/company/red-hot-labs)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Feb 2015

**[Datalogix](https://millionrounds.com/company/datalogix)** Bought by [Oracle Corporation](https://millionrounds.com/fund/oracle) **$1.2B** Dec 2014

**[Backupify](https://millionrounds.com/company/backupify)** Bought by Datto **Undisclosed** Dec 2014

**[Big Fish](https://millionrounds.com/company/big-fish)** Bought by [Churchill Downs Incorporated](https://millionrounds.com/fund/churchill-downs-incorporated) **$885M** Nov 2014

**[OnForce](https://millionrounds.com/company/onforce)** Bought by Adecco **Undisclosed** Aug 2014

**[FanSnap](https://millionrounds.com/company/fansnap)** Bought by SeatGeek **Undisclosed** Dec 2013

**[SignalDemand](https://millionrounds.com/company/signaldemand)** Bought by PROS Holdings **$14M** Dec 2013

**[Collaborate.com](https://millionrounds.com/company/collaborate-com)** Bought by [Cisco](https://millionrounds.com/fund/cisco) **Undisclosed** Dec 2013

**[Qumas](https://millionrounds.com/company/qumas)** Bought by Accelrys **$50M** Dec 2013

**[Locu](https://millionrounds.com/company/locu)** Bought by [GoDaddy](https://millionrounds.com/fund/godaddy) **$70M** Aug 2013

**[Jumptap](https://millionrounds.com/company/jumptap)** Bought by Millennial Media **$225M** Aug 2013

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$81M**

raised in Oct 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$27M** the round, not its cheque Alone, median **$14M**

Led 95 of 1,384 rounds **7%**

- **Said size:** $25K – $30M
- **Sole investor:** 73 rounds
- **Last cheque:** Oct 2026
- **Exits:** 52 from the portfolio

Rounds by stage said on their site

- Series A said *290*
- Seed said *283*
- Series B said *210*
- Venture *196*
- Series C *123*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 178
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 114
- [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) 83
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 82
- [SV Angel](https://millionrounds.com/fund/sv-angel) 82
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 72

**Pitching General Catalyst?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as General Catalyst. A count of rooms they were both in, not a relationship either has claimed.

[**Y Combinator** Accelerator **178** rounds together](https://millionrounds.com/fund/y-combinator)[**Andreessen Horowitz** VC firm **114** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Khosla Ventures** VC firm **83** rounds together](https://millionrounds.com/fund/khosla-ventures)[**Lightspeed Venture Partners** VC firm **82** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**SV Angel** VC firm **82** rounds together](https://millionrounds.com/fund/sv-angel)[**Sequoia Capital** VC firm **72** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Founders Fund** VC firm **62** rounds together](https://millionrounds.com/fund/founders-fund)[**Accel** VC firm **58** rounds together](https://millionrounds.com/fund/accel)[**Alumni Ventures** VC firm **55** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**BoxGroup** VC firm **52** rounds together](https://millionrounds.com/fund/boxgroup)[**Lux Capital** VC firm **48** rounds together](https://millionrounds.com/fund/lux-capital)[**Bessemer Venture Partners** VC firm **42** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)

## Recently backed

The latest companies General Catalyst put money into.

[**Serval** $150M · Oct 2026](https://millionrounds.com/company/serval)[**Dren Bio** $350M · Oct 2026](https://millionrounds.com/company/dren-bio)[**Collective** $100M · Oct 2026](https://millionrounds.com/company/collective)[**Fragment** $56M · Oct 2026](https://millionrounds.com/company/fragment)[**Re:Build** $2.1B · Oct 2026](https://millionrounds.com/company/re-build)[**Hyperbolic** $30M · Oct 2026](https://millionrounds.com/company/hyperbolic)

## Quick answers about General Catalyst

### What does General Catalyst invest in?

General Catalyst invests most often at Series A and Seed (52% of the rounds on record), in sectors such as AI, Healthcare and Wealth.

### How active is General Catalyst?

1,384 investments on record, 272 of them in the last 12 months, and it led 95. The most recent was in Oct 2026.

### What has General Catalyst invested in recently?

Its most recent investments on record: Serval (Series C, Oct 2026), Dren Bio (Undisclosed round, Oct 2026) and Collective (Series B, Oct 2026).

### How big are General Catalyst's cheques?

The median round it joins is $27M. It says it writes cheques of $25K to $30M.

### Does General Catalyst lead rounds?

Sometimes: it led 95 of its 1,384 investments on record (7%).

### Where does General Catalyst invest?

Most of the companies it backs are in the United States (70%) and India (15%).

### Is General Catalyst investing now?

Yes: it is actively investing, with 272 investments in the last 12 months.

### Who does General Catalyst invest alongside?

Most often Y Combinator (178 rounds together), Andreessen Horowitz (114 rounds together) and Khosla Ventures (83 rounds together).

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