General Catalyst
General Catalyst is a venture capital firm that invests in powerful, positive change through technology and healthcare. They have made a major commitment to transforming healthcare through their Health Assurance initiative and HATCo (Health Assurance Transformation Company), acquiring health systems to drive innovation.
Location
Cambridge, Massachusetts, USA
Founded
2000
AUM
$25B+
Investment Range
$1M - $500M+
Portfolio Companies
2
Focus
generalist
Fund Stages
seed, series-a, series-b, series-c, growth
Investment Thesis
General Catalyst believes in "health assurance" over health insurance - proactively managing health rather than reactively treating illness. Their healthcare strategy combines venture investments with direct ownership of health systems through HATCo, creating a unique model for testing and scaling healthcare innovations.
Team
Partners / Managing Directors (Health & Bio Focus)
- Hemant Taneja - CEO & Managing Director
- Holly Maloney - Managing Director, Healthcare
- Ken Chenault - Chairman & Managing Director
Other Key Team Members
- Kyle Doherty - Managing Director, Healthcare
- Chris Bischoff - Vice President, Healthcare
Focus Areas
- Digital health
- Healthcare technology
- Health systems transformation
- Value-based care
- Mental health
- Women's health
- Healthcare AI
Notable Exits
- Livongo - Acquired by Teladoc (2020, $18.5B)
- Oscar Health - IPO (2021)
- Clover Health - SPAC (2021)
Sources
Portfolio Companies
| Name | Location | Founded | Categories |
|---|---|---|---|
| Maven Clinic | New York, New York, USA | 2014 | healthcare-platformdigital-health+3 |
| Transcarent | San Francisco, California, USA | 2020 | healthcare-platformconsumer-health-app+2 |