Endeavor Catalyst Closes Fifth Fund at $320 Million
The venture arm of Endeavor now manages over $850 million and plans to back 40 to 50 companies a year.
Endeavor Catalyst closed its fifth fund with $320 million in capital commitments, the venture unit of the global nonprofit Endeavor announced on October 7, 2026. The close lifts Endeavor Catalyst's total assets under management to more than $850 million.
The new vehicle counts 400 limited partners. Endeavor Catalyst plans to make 40 to 50 investments annually and back up to 150 companies with the fund. Checks typically range from $1 million to $3 million and cannot exceed 10% of a round.
Across its five funds, the unit has backed 437 companies in 44 markets. Eighty-three of those portfolio startups are currently valued at $1 billion or more. Endeavor Catalyst has recorded 39 exits and 11 IPOs.
About 90% of its investments are outside the U.S., with Europe the fastest-growing region, according to TechCrunch. The unit made 12 new investments in Europe in the first half of 2026.
Background
Endeavor Catalyst was started in 2012 by Linda Rottenberg and others as the venture arm of Endeavor, a New York-based nonprofit that has spent 30 years supporting founders outside major tech hubs. Last year, Endeavor says it screened more than 10,000 candidates and picked 88, and its network now includes more than 3,100 entrepreneurs in over 50 countries.
Quick answers
How much did Endeavor Catalyst raise for its fifth fund?
The fund closed with $320 million in capital commitments and has 400 limited partners.
How much does Endeavor Catalyst typically invest?
Checks usually range from $1 million to $3 million and cannot exceed 10% of a round.
How many companies has Endeavor Catalyst backed?
It has backed 437 companies across 44 markets through its five funds, with 83 currently valued at $1 billion or more.