General Catalyst

AtoB Raises $130 Million to Fuel Transportation Payments Services
AtoB Raises $130 Million to Fuel Transportation Payments Services
September 19, 2024  |  Investments

Transportation industry payments solution provider AtoB has raised $130 million in equity and debt funding. The Series C round was led by General Catalyst and Bloomberg Beta with participation from Mastercard and trucking...

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General Catalyst Reportedly Raises Nearly $6 Billion for Tech Firms
General Catalyst Reportedly Raises Nearly $6 Billion for Tech Firms
April 28, 2024  |  Investments

Venture capital (VC) operation General Catalyst has reportedly raised almost $6 billion for technology startups. The company, which has invested in Stripe, Snap and Mistral, could close its newest fund as...

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InDrive Secures Additional $150 Million to Grow Mobility Platform
InDrive Secures Additional $150 Million to Grow Mobility Platform
March 14, 2024  |  Gig Economy

Global mobility and urban services platform inDrive’s financing arrangement with General Catalyst has been expanded to $300 million. The company has secured an additional $150 million from General...

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TravelPerk Raises $104 Million to Expand Business Travel Management Platform
TravelPerk Raises $104 Million to Expand Business Travel Management Platform
January 23, 2024  |  Investments

TravelPerk, a business travel management platform, has closed an additional $104 million investment led by SoftBank Vision Fund 2. This funding will be used to...

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Venture Firms Backing More AI Startups in Healthcare Industry
Venture Firms Backing More AI Startups in Healthcare Industry
September 01, 2023  |  artificial intelligence

Artificial intelligence (AI) is reportedly gaining traction in the healthcare industry, with venture firms investing in startups that leverage AI to revolutionize patient care, drug...

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Lemonade Looks to Partnerships and Generative AI to Close Cash Flow Gap
Lemonade Looks to Partnerships and Generative AI to Close Cash Flow Gap
August 03, 2023  |  Earnings

Artificial intelligence (AI)-driven insurance company Lemonade has announced second-quarter 2023 earnings results, driven by a growing top line, oversubscribed reinsurance and acceleration in rate approvals....

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EU Early-Stage Startups Benefit From VC Dry Powder
EU Early-Stage Startups Benefit From VC Dry Powder
April 07, 2023  |  Startups

In a challenging macroeconomic market that has led to a sharpened focus on belt-tightening, FinTech firms are under mounting pressure from investors to pivot from...

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FDIC Reportedly Sweetening the Deal for Failed Banks
FDIC Reportedly Sweetening the Deal for Failed Banks
March 17, 2023  |  Bank Regulation

Federal regulators are reportedly sweetening the deal for two failed banks. The Federal Deposit Insurance Corporation (FDIC) is open to negotiating sharing losses if that...

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Apollo Global Management Assembling Bid to Buy Silicon Valley Bank
Apollo Global Management Assembling Bid to Buy Silicon Valley Bank
March 14, 2023  |  Banking

Apollo Global Management is reportedly asking for backing for its bid to buy Silicon Valley Bank. The private equity firm has talked with Andreessen Horowitz,...

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