General Catalyst Takes The Lead Over Y Combinator In Backing $5M+ Fintech Deals
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For the first time in several quarters, General Catalyst in Q2 overtook Y Combinator when it came to participating in the most fintech deals of $5 million or more, per Crunchbase data. The quarter also marked the busiest one for General Catalyst since 2021 in terms of investing in rounds of $5 million or above.
1Key Takeaways
- For the first time in several quarters, General Catalyst in Q2 overtook Y Combinator when it came to participating in the most fintech deals of $5 million or more, per Crunchbase data.
- The quarter also marked the busiest one for General Catalyst since 2021 in terms of investing in rounds of $5 million or above.
2AIWedia Score
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3Why it matters
Funding rounds show which AI bets investors back—and which categories may scale quickly. Crunchbase News reports that for the first time in several quarters, General Catalyst in Q2 overtook Y Combinator when it came to participating in the most fintech deals of $5 million or more, per Crunchbase data.
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