General Catalyst

Venture fund

Stages: Series A, Series B, Series C+, Growth
Cheque size: $5M to $100M+
Based in: United States
Focus: Clinical AI & Documentation, Primary & Virtual Care, Health Data Infrastructure

General Catalyst is a venture capital firm founded in 2000 by Joel Cutler and David Fialkow and led today by Hemant Taneja. It invests across stages and sectors and has become a major backer of healthcare technology through its Health Assurance strategy.

Backs health assurance companies and owns and operates provider assets to prove models in the field.

Notable investments

Livongo
Commure
Aidoc

Firm website

The journey

How General Catalyst got here, step by step.

2000
Firm founded
Joel Cutler and David Fialkow founded General Catalyst as a multi stage venture firm in Cambridge, Massachusetts.
2017
Health Assurance thesis introduced
Hemant Taneja set out a Health Assurance strategy built on proactive, technology driven healthcare.
2021
Health Assurance Fund launched
The firm introduced a dedicated fund for healthcare technology and health system partnerships.
2022
Health Assurance Fund II closes
A 670 million dollar fund continued the focus on healthcare and health system collaboration.
2024
Health Assurance Fund III raised
General Catalyst closed a further healthcare fund reported at 718 million dollars.
2024
Direct role in care delivery
The firm moved into care delivery through its Health Assurance Transformation Corporation initiative.