Media Center

  PRESS RELEASE
August 15, 2019

Motif Ingredients Rebrands to Motif FoodWorks, Raises $27.5 Million to Fuel Animal-Free Ingredients R&D

Ingredients innovation company, Motif Ingredients, today announced it received $27.5 million in funding led by General Atlantic, a leading global growth equity firm, with participation from CPT Capital. The company also revealed a new brand identity and name, Motif FoodWorks, and announced a number of additions to its leadership team. The capital raise, evolution of its brand and expanded team strategically position Motif FoodWorks to fulfill its aspiration to extend the realm of what’s possible with animal-free ingredients.

  NEWSROOM
August 7, 2019

Alex Crisses Named as a Top Software Investor of 2019 by GrowthCap

Alex Crisses, Managing Director in General Atlantic’s New York office, was selected as one of GrowthCap’s Top 25 Software Investors of 2019. Alex focuses on General Atlantic’s investments in the Technology sector and was recognized for co-heading the firm’s Emerging Growth Initiative and his leadership of the thematic sourcing program.

  PRESS RELEASE
August 1, 2019

Wish Valuation Rises to More Than $11 Billion Following Series H Financing Led by General Atlantic

Mobile shopping leader Wish today announced that the company’s valuation was $11.2 billion post-money following a Series H round of financing led by General Atlantic, a leading global growth equity firm. With this new investment, Wish’s valuation increased from $8.7 billion following its last funding round in late 2017.

  NEWSROOM
July 25, 2019

General Atlantic Featured in Forbes India VC/PE Issue

General Atlantic was featured in Forbes India’s August 2, 2019 issue, which profiled the private equity and venture capital firms contributing to India’s entrepreneurial and economic development. The article, “Why General Atlantic has an edge over its peers,” authored by Pooja Sarkar, highlighted General Atlantic’s longstanding focus on partnering with entrepreneurs in India to help build global growth companies.

  PRESS RELEASE
July 8, 2019

Vittorio Colao Joins General Atlantic as Special Advisor

General Atlantic, a leading global growth equity firm, announced today that Vittorio Colao has joined the firm as a Special Advisor. Mr. Colao, former Group Chief Executive of international communications company Vodafone Group Plc, will advise General Atlantic and its portfolio companies as the firm continues to execute on its global growth investing strategy.

  NEWSROOM
June 26, 2019

General Atlantic Included in Inc.’s “50 Best Private Equity Firms for Entrepreneurs”

General Atlantic was included in Inc. magazine’s “50 Best Private Equity Firms for Entrepreneurs.”  Over the past 39 years, General Atlantic’s sole focus has been partnering with entrepreneurs and helping build some of the world’s best growth companies.

  PRESS RELEASE
June 26, 2019

Detroit-based StockX Closes $110M Series C Led by DST Global, General Atlantic and GGV Capital; Names e-commerce Veteran Scott Cutler CEO

StockX, the world’s first ‘stock market of things’, has closed on a $110 million Series C funding round from investment firms DST Global, General Atlantic, and GGV Capital. The company also announced today the appointment of Scott Cutler as CEO. Cutler succeeds co-founder Josh Luber, who will continue to serve on the executive leadership team and board of directors. The raise, in which current investors GV and Battery Ventures also participated, represents the largest in Michigan VC history to date and values StockX at over $1 billion.

  PRESS RELEASE
June 24, 2019

Blend Raises $130 Million in Series E Funding to Power One-Tap Mortgages and Consumer Loans

Blend, a leader in digital lending technology, today announced it has raised $130 million in Series E funding led by Temasek and General Atlantic. Existing investors 8VC, Founders Fund, Greylock Partners, and Lightspeed Venture Partners also participated in the round, which brings the company’s total funding to $310 million.

  PRESS RELEASE
June 7, 2019

Depop raises $62 million Series C to meet rising demand from US Gen Z

Depop, the fashion marketplace for Generation Z, has raised $62 million in a Series C round led by General Atlantic Depop intends to use the funds to accelerate its US expansion, where the Gen Z fashion app already has 5 million users, stores in New York and Los Angeles and expects to grow its community over in the coming years With a mission to empower the next generation to transform the fashion industry, Depop taps into generational shifts towards circular fashion, social shopping and independent brands Sellers on the platform have made more than half a billion dollars (more than $570 million) and 19 million transactions since its launch in 2011 Depop, a fashion marketplace for the next generation, has secured a $62 million Series C round led by General Atlantic. Depop intends to use the funds to accelerate its expansion in the U.S. and internationally, grow its London-based engineering and data science teams and invest in new tools and functionality for the platform’s more than 13 million users globally.

  PRESS RELEASE
June 5, 2019

NoBroker.com Raises USD $51 million in Series C Funding led by General Atlantic

NoBroker.com announced today that it has raised USD $51 million in Series C Funding. This brings the total funding raised by NoBroker to USD $71 million. The round was led by General Atlantic and included participation from existing investors SAIF Partners and BEENEXT.

  PRESS RELEASE
June 3, 2019

General Atlantic Announces Strategic Partnership with Travel Platform Kiwi.com

Global growth equity firm General Atlantic announced today a strategic investment in Kiwi.com, a leading online travel booking platform powered by cutting-edge technology.  Co-founders Oliver Dlouhý and Jozef Képesi will remain significant shareholders and continue to drive Kiwi.com’s strategic growth plans in partnership with General Atlantic.  Terms of the deal were not disclosed.

  NEWSROOM
May 21, 2019

Caroline Woodworth Named to Financial News’ 2019 list of Rising Stars in European Private Equity

Caroline Woodworth, Vice President in General Atlantic’s London office, was named in Financial News’ list of the 25 rising stars in European private equity. Caroline focuses on General Atlantic’s investments in the Financial Services sector and was recognized for her contributions to the firm’s investment in Deutsche Börse’s Index and Portfolio Risk/Analytics Business, Greensill, and the IPO of Network International, amongst other personal and career achievements.

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Mary Armstrong

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media@generalatlantic.com