Endeavor Catalyst has announced the final close of Endeavor Catalyst Fund V, an oversubscribed US$320 million vehicle that lifts the firm's total assets under management to more than US$850 million. The fund builds on a portfolio of 437 companies across 44 Endeavor markets, including 83 companies valued at US$1 billion or more and 39 exits. The announcement underscores the firm's ambition to back high-growth founders beyond traditional venture capital centers and redraw the map of category-defining technology businesses.
A Portfolio Built Across Global Markets
Endeavor Catalyst's model relies on Endeavor's global network to identify entrepreneurs once they have been selected into the Endeavor community. It invests alongside leading venture capital and growth equity firms with a clear focus on markets it calls Elsewhere. That approach has generated more than US$500 million deployed across more than 400 investments since the firm's founding.
Category-Defining Companies and Regional Momentum
Across all five funds, Endeavor Catalyst has backed 437 companies across 44 markets, producing 83 companies valued at US$1 billion or more, 39 exits to date, and 11 IPOs. The portfolio includes category-defining companies such as ElevenLabs, Bending Spoons, and Reflection AI. Europe has accelerated sharply with 12 new investments in the first half of 2026 after 14 in all of 2025, while Latin America remains the largest region.
Founders Backing Founders
Fund V's limited partner base is anchored by founders from Nubank, Revolut, LinkedIn, Snowflake, Checkout.com, Globant, and Careem. Endeavor Entrepreneurs account for 30% of Fund V's limited partners, creating a cycle where successful founders reinvest in the next generation. Linda Rottenberg, co-founder and CEO of Endeavor, said the model makes Endeavor Catalyst self-sustaining as founders scale and reinvest capital, experience, and networks.
Early Investments and Sector Focus
Fund V is already being deployed, with early investments into Replit, Moove, Preply, Cashea, Respond.io, EnduroSat, HappyRobot, and Lunar Outpost. These bets include founders building in Venezuela and Nigeria, as well as global businesses from Ukraine, Jordan, and Spain, supported by co-investors such as Sequoia Capital, Founders Fund, and General Atlantic. The current pipeline shows strength in deep tech, foundational AI, and cloud infrastructure, with increasing opportunities in Southeast Asia and second-time founders building AI applications.
What Comes Next
Endeavor Catalyst expects to deploy an additional US$25 million to US$30 million over the remainder of 2026. Fund V will continue to focus on high-growth Endeavor Entrepreneurs across sectors and geographies where the network sees exceptional founder ambition and global potential. Jackie Carmel, Managing Director of Endeavor Catalyst, described the model as a powerful full-circle system in which once-backed founders extend capital, trust, and conviction to the next generation.
The final close of Fund V reinforces Endeavor Catalyst's position as a global investor capable of backing high-growth companies outside established venture hubs. With more than US$850 million in assets under management, the firm's founder-driven network continues to expand across Latin America, Europe, Asia, Africa, and the Middle East. Fund V now enters its deployment phase with a pipeline that spans deep tech, artificial intelligence, and cloud infrastructure, alongside a growing class of second-time founders and ambitious global entrepreneurs.