Endeavor Catalyst raises $320M to fund startups outside Silicon Valley
Endeavor Catalyst announced the closing of its fifth fund with $320 million in commitments, increasing its total assets under management to over $850 million. The fund aims to support founders in regions outside the Bay Area, with a focus on those who are part of Endeavor's global network of entrepreneurs. The firm plans to make 40 to 50 investments annually, targeting up to 150 companies with checks typically ranging from $1 million to $3 million.