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General Catalyst Launches $8 Billion Fund to Propel AI, Fintech, and Healthcare Innovation

General Catalyst: We’re proud to announce we’ve raised approximately $8B of new capital to fuel the next generation of groundbreaking technologies & businesses. As we venture beyond with global entrepreneurs to expand what’s possible, the future has never been brighter.

Leading venture capital firm General Catalyst has unveiled a massive $8 billion fund, focused on catalyzing growth across critical sectors like artificial intelligence (AI), fintech, defense, and healthcare. Known for backing transformative companies like Airbnb, Snapchat, and Stripe, General Catalyst will deploy this new capital to support startups from seed to growth stages, prioritizing a strategy of direct value creation and innovation.

The $8 billion fund is strategically divided:

  • $4.5 billion for the Ignition, Endurance, and Health Assurance strategies, covering early-stage startups, growth-stage scaling, and healthcare innovations, respectively.
  • $1.5 billion dedicated to the Creation strategy, where General Catalyst collaborates closely with its team and expert partners to create new startups directly.
  • $2 billion allocated for investments through Separately Managed Accounts (SMA), enabling investors to tailor portfolios aligned with specific areas, enhancing diversification and risk flexibility.

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Transforming Venture Capital with Customer Value Strategy

With its newly launched Customer Value Strategy, General Catalyst introduces a unique service that provides non-dilutive capital to help founders expand sales and marketing channels without giving up equity or taking on external investment. This strategy aims to support founders in accelerating scale while preserving their ownership structure, offering a fresh approach to capital that goes beyond traditional venture funding.

Focused Verticals and AI Leadership

General Catalyst intends to lead in high-growth verticals, particularly emphasizing AI, defense, climate, healthcare, and fintech. With plans to scale AI adoption and advance global resilience, the VC firm is shaping its future by embracing solutions beyond conventional venture capital, including direct partnerships with founders to nurture innovation and global impact.

In a statement, General Catalyst expressed its vision, saying, We are ready to be the company that drives transformations, global resilience and applied AI for the world. We are powered by early-stage venture capital at our core and excited to dream bigger and co-create with our GC Famiglia of founders, business leaders, and policymakers to expand what’s possible. Together, let’s Venture Beyond. This fund marks a significant shift in venture capital, with General Catalyst positioned to power the next generation of startups across multiple industries.

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