Endeavor Catalyst
Co-investment fund of Endeavor that invests alongside institutional leads in companies run by Endeavor Entrepreneurs. Founded in 2012, it closed its fifth fund at $320 million in October 2026 and reports over $850 million in assets under management.
Industry: Venture capital co-investment fund | Founded: 2012
About Endeavor Catalyst
Endeavor Catalyst is the co-investment fund of Endeavor, a global network of entrepreneurs. Endeavor's website describes it as a rules-based fund that invests only in companies led by Endeavor Entrepreneurs and says it exists to sustain Endeavor's long-term operations. The fund launched in 2012 and is led by Allen Taylor as managing partner, with Jackie Carmel as managing director.
Catalyst invests alongside an institutional lead when a company raises a round of at least 5 million dollars. TechCrunch and Wamda both report typical cheques of 1 million to 3 million dollars, capped at 10 percent of the round. Endeavor is the fund's general partner, and Endeavor co-founder Linda Rottenberg told TechCrunch that half of the fund's profits go back to Endeavor.
Its fifth fund closed in 2026 with 320 million dollars in commitments, TechCrunch reported on 7 October, making total assets under management more than 850 million dollars. About 400 limited partners include Reid Hoffman, Bill Ackman and Prosus, and about 30 percent of backers are Endeavor founders. Jordan's Innovative Startups and SMEs Fund committed 7 million dollars to the fifth fund in June 2026, after backing the third fund with 2 million dollars in 2020. Wamda reported that the new fund plans up to 150 investments.
As of 22 September 2026, Wamda reported that Catalyst had backed 437 companies in 44 markets, of which 83 were valued at 1 billion dollars or more, with 39 exits and 11 initial public offerings. About 90 percent of its investments are outside the United States, and Latin America is its largest region. Holdings named include Replit, ElevenLabs, Bending Spoons, Reflection AI, Checkout.com and Flutterwave. In the Middle East and North Africa, Wamda lists Blink, Nawy, Thndr, Chari, Gathern, SILQ and Tarjama. In 2016 Catalyst joined a 5 million dollar round in Jordan's Kharabeesh, its first Jordanian investment, according to Entrepreneur Middle East.
The new fund is putting more emphasis on deep technology, foundational artificial intelligence, cloud infrastructure and repeat founders, Wamda reported.
Leadership
- Linda Rottenberg, Co-founder and CEO of Endeavor
- Allen Taylor, Managing Partner
- Jackie Carmel, Managing Director
- Michele Wanjiku, Director, Head of Africa for Endeavor Catalyst
- Caela Tanjangco, Senior Director, Head of Asia for Endeavor Catalyst
- Igor Piquet, VP, Head of LATAM for Endeavor Catalyst
- Pete Benedetto, VP, Head of Europe for Endeavor Catalyst
- Margaret Pollack, Senior Director, Investments and Capital Team Lead