Today, we are announcing that we have raised approximately $8B of new capital, including around $4.5B for our core VC funds focused on seed and growth equity (across our Ignition, Endurance, and Health Assurance strategies), $1.5B for our Creation strategy, and $2B of separately managed accounts. As a global investment company that seeks to partner with the world’s most ambitious entrepreneurs to drive transformation, resilience, and applied AI, we believe this capital will turbocharge our investment theses across AI, Defense & Intelligence, Climate & Energy, Industrials, Healthcare and Fintech.

Since our inception 25 years ago, we have made a commitment to partner with founders from the beginning as they aspire to become “power law” companies. We’ve since scaled our capabilities globally, combining forces with La Famiglia in Europe and Venture Highway in India to broaden our support of founders at the seed stage. As we identify opportunities we believe are unmet by the market, we continue to hatch the next generation of potentially category-defining companies (45 and counting). Commure, Hippocratic, Homeward, Crescendo, Kayak, Demandware, and Livongo all exemplify this work. Furthermore, we help proven founders start new companies in complex businesses through our Transformations, and infuse tech into existing businesses through Venture Buyouts.  Manufacturing outliers with founders in strategic areas of interest can have significant impact for our LPs, and it is humbling for us to do the work as co-founders. With our focus on seed and hatching, GC is eager to serve founders at the earliest stages as our core business and serve them as they grow. We’ve reimagined our GC Famiglia - to take the founder experience to the next level with strategic connections, global convenings, talent advisory and more.

Yet we also know that to achieve outsize impact using applied AI and global resilience to address what we believe are the world’s great challenges, we must transcend the traditional definition of venture capital. So we’ve broadened our founder and capital solutions to venture beyond and support founders with a broader partnership. 

In service to this, the first product we invented and scaled is the Customer Value Strategy that helps founders accelerate their scale without access to additional growth equity. This enables businesses to grow sales and marketing channels with non-dilutive capital post product-market fit. 

For years I’ve stated that the traditional VC model does not best position founders to transform industries. Transformations require ecosystems of companies to work together with uncommon collaboration - so we created the GC Transformation Flywheel to bridge innovators with adopters to achieve scale. Core to this model is our Health Assurance Transformation Company, which coalesces 15% of US healthcare operations across hospital system partnerships, aiming to use technology to best serve patients. More recently, we extended the Transformation Flywheel by launching the GC Institute, a pioneering organization that connects start-ups with global governments to shape public policy in support of transformative technologies. We will continue to replicate this model across the global resilience continuum, with more announcements coming soon. 

We are ready to be the company that drives transformations, global resilience and applied AI for the world. We are powered by early-stage venture capital at our core and excited to dream bigger and co-create with our GC Famiglia of founders, business leaders, and policymakers to expand what’s possible. 

Together, let’s Venture Beyond.