General Catalyst, the powerhouse venture firm, is considering an IPO, Axios reported Friday morning, citing “multiple sources.” TechCrunch has reached out to the firm’s managing partner, Hemant Taneja, for comment. In the meantime, those following General Catalyst’s trajectory won’t be surprised by the prospect. Founded 25 years ago as a small Cambridge, Mass.-based venture firm,…
Category: General Catalyst
Deel, Fintech, Fundraising, General Catalyst, Global Security News, HR tech, Startups
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…
a16z, AI, Biotech & Health, General Catalyst, Global IT News, Global Security News, Kleiner Perkins, nvidia, patients, Startups
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…
a16z, Biotech & Health, General Catalyst, Global IT News, Global Security News, h1, M&A, Startups, venture-backed M&A
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…