Read the letter
Introducing Endeavor Catalyst Fund V
$320Mto back founders from global markets
shaping the future.
AI is pulling attention back to the usual hubs.
Capital moves with it like gravity, reinforcing the map we already know.
But the future cannot belong only to the same few places.
It’s time to look Elsewhere nounMarkets outside traditional global hubs like Silicon Valley, where entrepreneurial talent is far more abundant than the attention it receives.
Since 1997, Endeavor has championed the collective power of entrepreneurship ‘Elsewhere.’ Each country we’ve entered has been overlooked and underestimated. But, taken together, these markets outside of Silicon Valley and China have earned their seat at the table.
Since 2012, Endeavor Catalyst has been investing in that conviction.
Endeavor Catalyst was built to invest in the founders Endeavor believes in, backing them as they grow from local markets into global companies.
Hover or tap a number for the story behind it.
1 in 5
companies valued at $1B+
A one-in-five unicorn rate is rare in venture, making visible the depth of ambition, talent, and market opportunity Elsewhere.
39
exits
Successful stories like Cornershop and InstaDeep show how one major outcome can send talent, capital, and confidence back into the ecosystem that produced it.
11
publicly listed
Bending Spoons’ July 2026 IPO sent a powerful signal that Italy can produce global tech companies that reach public markets at scale.
83
companies valued at $1B+
First unicorns like Kavak, Cabify, and Rappi turned ambition into proof, showing their ecosystems that billion-dollar companies could be built from home.
And Fund V scales it up.
$850M+
assets under management
900+
world-class LPs across 40+ markets
Fund V puts $320M to work as co-investment capital, helping direct $3.2B+ toward the next generation of tech companies shaping the world from Elsewhere.
LinkedIn / Greylock
“Endeavor Catalyst began with a simple question: could Endeavor invest in its entrepreneurs without compromising its mission? More than a decade later, the answer is clearly yes, and I’m proud to be part of its history.”
Checkout.com
“My journey with Endeavor has taken me from entrepreneur to mentor to investor and board member. Supporting Endeavor Catalyst is a natural extension of that journey, as these are exciting times to back entrepreneurs building what’s next.”
Globant
“Globant was Endeavor Catalyst’s first investment, so I’ve had the privilege of seeing it come full circle as an LP. What began as a bold experiment has become a global platform for backing founders who are willing to think big and build for the long term.”
Prosus
“I experienced firsthand what Endeavor can do for entrepreneurs. Through Prosus, I’m excited to support the next generation of founders building globally.”
Yemeksepeti
“As an entrepreneur, I know the difference that early belief can make. Endeavor Catalyst turns successful entrepreneurs into investors in the next generation — and that is how strong ecosystems are built.”
Kaizen Gaming
“Building from Greece taught me that where you start does not have to define how far you can go. I’m pleased to support Endeavor Catalyst and the entrepreneurs challenging that assumption around the world.”
In his open letter, Allen Taylor reflects on what comes next for Endeavor Catalyst, and why it matters that the next technologies shaping our lives are built from more places, by more kinds of founders.
Read the letter
