General Catalyst

Healthcare provider looking at a tablet while wearing a white shirt and a stethoscope around their neck
By  Jessica Hagen 04:12 pm November 22, 2023
Healthcare AI company Layer Health, spun out of MIT, announced its launch with $4 million in funding from GV (Google Ventures), General Catalyst and Inception Health.  WHAT THEY DO Layer Health's AI platform, dubbed Distill, built on machine learning algorithms that leverage large language models, aims to streamline the chart review process from unstructured data.  The technology can be...
Two people standing in front of a window shaking hands with six other people watching
By  Jessica Hagen 11:34 am October 10, 2023
Hemant Taneja, CEO and managing director of venture capital firm General Catalyst, and Dr. Marc Harrison, former CEO of Intermountain Health, announced the formation of a new business venture owned by General Catalyst dubbed the Health Assurance Transformation Corporation (HATCo) that will see Harrison as its CEO. The pair also announced the intent to buy a health system that will put technology...
Healthcare providers sitting around a screen analyzing images
By  Jessica Hagen 04:26 pm May 16, 2023
Hippocratic AI, a generative AI company developing safety-focused large language models for healthcare, launched with $50 million in seed funding. The funding round was co-led by General Catalyst and Andreessen Horowitz.  WHAT THEY DO Hippocratic AI is building a large language model for healthcare, initially concentrating on non-diagnostic, patient-facing applications. The company is focusing on...
HIMSS23 Venture Connect event
By  Jessica Hagen 02:11 pm April 20, 2023
CHICAGO – During Venture Connect at HIMSS23 on Wednesday, Holly Maloney, managing director of General Catalyst, discussed responsible AI use in healthcare and what the company looks for in a startup when considering an investment.  "Over the last three to four years, we've put pen to paper of defining truly what is our thesis," Maloney said. "And it is all around this concept of Health Assurances...
Two people walking through a healthcare facility
By  Jessica Hagen 01:32 pm March 15, 2023
Maribel Health, a company that helps healthcare systems design, build and operate technology-enabled home and community clinical care services, secured $25 million in a Series A funding round led by General Catalyst.  The New Hampshire-based company was launched as part of General Catalyst's "hatch" program, where the venture capital firm provides resources to start companies from the ground up...
Scientists working in a lab.
By  Emily Olsen 10:07 am December 30, 2022
Biotech and digital health funding soared in the wake of the COVID-19 pandemic, but both sectors slowed down in 2022. Elena Viboch, partner at General Catalyst, said startups need to focus on the end goal — building technology or therapies that can help patients. She sat down with MobiHealthNews to discuss her takeaways from this year and her predictions for 2023. MobiHealthNews: What do you...
Person on a tablet
By  Jessica Hagen 02:04 pm November 15, 2022
Virtual women and family health provider Maven Clinic announced it raised $90 million in a Series E funding round, bringing the virtual clinic's funding total to $300 million.  General Catalyst led the round with participation from La Famiglia, CVS Health Ventures, and Intermountain Ventures. Existing investors also participated, including Oak HC/FT, Dragoneer Investment Group, Sequoia, Lux...
Providers using a computer in a hospital.
By  Emily Olsen 12:01 pm November 15, 2022
Venture capital firm General Catalyst announced a slew of new health system partners on Tuesday, bringing its total number of collaborators in the U.S. to 14. The 10 new partners include Banner Health, Cincinnati Children's Hospital Medical Center, Hackensack Meridian Health, Health First, MetroHealth, OhioHealth, the Medical University of South Carolina (MUSC), UC Davis Health, UC Irvine Health...
Plume Health welcome screen on smartphone
By  Laura Lovett 01:19 pm February 8, 2021
Colorado-based digital health startup Plume landed $14 million in Series A funding for its virtual platform designed to help members of the transgender community find health services. Craft Ventures led the round with participation from General Catalyst, Slow Ventures and Town Hall Ventures. This comes roughly a year after the company launched its product to the public with a focus on gender-...
Color's COVID-19 testing kit
By  Laura Lovett 11:28 am January 5, 2021
This week population health and genomics company Color became digital health’s latest unicorn after scoring $167 million in Series D funding. General Catalyst led the round with participation from funds and accounts advised by T. Rowe Price Associates and Viking Global Investors. The company now boasts of $278 million in financing with a valuation of $1.5 billion. WHAT IT DOES Color created a...