Endeavor announced the closing of the organization's fourth in a row and largest fund to date, the Endeavor Catalyst Fund IV , raising more than 290 million dollars. The fund was backed by, among others, a large number of entrepreneurs from Endeavor 's own network around the world. Entrepreneurs who want to invest in new innovative ideas and offer opportunities to visionary entrepreneurs operating in secondary markets. Endeavor Greece, the Greek office of Endeavor, is the largest shareholder among the 41 local offices of Endeavor, ensuring that more than 15 million dollars are going to be invested in Greek startups within the next 2-3 years.

Since 2012 he has been investing in entrepreneurs-members of the organization. To date, it has participated in more than 150 leading companies that have created some of the biggest success stories in the world, such as:

• Checkout.com
• Rappi
• Cabify
• Glovo
• Creditas dLocal
• Globant Kavak
• Wallbox VTEX

Among the investments are the leading Greek companies:

• Blueground
• Hellas Direct
• Workable
• Spotawheel
• Nova Credit

A global fund with a special structure and an important mission

The Endeavor Catalyst has a unique history and a unique extremely important mission. It does not change the non-profit nature of the organisation. The exact opposite, since through your fund, Endeavor aspires to have the opportunity to become more financially viable and capable of carrying out even more actions and more ambitious programmes for the development of local ecosystems Technology in secondary markets, maximising its impact on local communities.

The operation and vision of Endeavor and Endeavor Catalyst

Endeavor Catalyst co-invests in member companies of the organization. The investment is implemented if the companies meet specific criteria and wish to do so. More specifically, if an entrepreneur chooses as an Endeavor Entrepreneur and in the period after his selection raise a funding round of at least 5 million Dollars by institutional investors, then he/she is entitled, if he/she so wishes, to be supported by Catalyst, with funds reaching up to 10% of the round and up to 2 million dollars in total.

Endeavor's global organization has built teams in a total of 41 markets around the world. The mission is to identify who are the high-impact entrepreneurs in the local market, i.e. those who have started the most innovative and promising companies and are in the process of growing them. These people create great success stories in their markets and inspire the new generation of entrepreneurs.

The organization believes that these high-impact entrepreneurs have such an impact that it can transform the entire local economy and change the lives of hundreds of thousands of people. That is why it supports them non-profit, throughout their journey with access to markets, capital, investors, knowledge and networking. This is so that they can make faster and right decisions and have as much positive impact as possible. It is another great tool for empowering Endeavor's influential entrepreneurs in local communities.

Why it's important for Greece

The fund has a unique value for the Greek ecosystem. On the one hand, the breadth and size of the portfolio is such that it offers Greek Catalyst investors not only a great investment opportunity, but also an excellent understanding of the other 40 markets in which the organization operates and the emerging technologies and innovative companies in the countries they co-invest.

More than 30 Greeks have invested in Endeavor Catalyst. Among them, The majority of the largest and most extroverted family offices in the country, successful Greek tech founders operating in Greece and abroad, as well as important Greek companies that have started investing in funds and startups through their investment vehicles. It is an excellent investor community, which grows every day and creates a positive impact on the economy, by carrying out new actions, initiatives, synergies and more investments in Greece and abroad. Endeavor and Endeavor Catalyst are working in this direction.

«We estimate that within the next 2-3 years we will invest in 10 more Greek startups. At the same time, we will continue to work with vision and consistency to offer support to our entire portfolio, which consists of over 150 companies, and value to the country's innovation ecosystem", said Panagiotis Karabinis, Director of Endeavor Greece.