Media Center

  PRESS RELEASE
October 17, 2019

Pendo Raises $100 Million at a $1 Billion Valuation To Help More SaaS Companies and Digital Enterprises Become Product Led

Pendo.io, the product cloud company, today announced it raised $100 million in Series E funding to help companies become product led. Sapphire Ventures led the round, with participation from new investors General Atlantic and Tiger Global, along with existing investors Battery Ventures, Meritech Capital, FirstMark, Geodesic Capital, and Cross Creek. Pendo has now raised $206 million and will use the new funds to accelerate global expansion and drive product development to meet the growing demand for software that makes digital products easier to use. The company’s valuation is now $1 billion.

  PRESS RELEASE
October 14, 2019

Lu Wang Joins General Atlantic as Operating Partner

General Atlantic, a leading global growth equity firm, today announced that Lu Wang has joined the firm as an Operating Partner. Based in Beijing, Mr. Wang will provide strategic counsel to the firm’s investment team and portfolio companies through his significant operational expertise spanning the internet, e-commerce, digital and technology sectors in China.

  PRESS RELEASE
October 8, 2019

Marathon Health and General Atlantic Announce Strategic Partnership

Marathon Health (“Marathon,” or the “Company”), a leading provider of employer health centers, and General Atlantic, a leading global growth equity firm, today announced a strategic partnership that will position Marathon to further scale its operations and footprint to serve employees, spouses, and dependents across the United States. Along with the transaction, General Atlantic became the majority owner of Marathon, while Goldman Sachs’ Private Capital Investing Division has exited its approximately three-year partnership with the Company.

  VIDEO
September 29, 2019

General Atlantic on German Entrepreneurship at Bits & Pretzels 2019

From Bits & Pretzels 2019 in Munich, Joern Nikolay, Managing Director, Achim Berg, Operating Partner, and Christian Figge, Principal, share their thoughts on the thriving German entrepreneurial ecosystem, digitalization across Europe, and the opportunity for German growth companies to scale globally. Bits & Pretzels is Europe’s biggest founders festival.

  NEWSROOM
August 28, 2019

Shantanu Rastogi Awarded as Top “40 Under Forty” Business Leader by Economic Times

Shantanu Rastogi, Managing Director in General Atlantic’s Mumbai office, was selected by the Economic Times as one of India’s “40 Under Forty” top business leaders of 2019. Shantanu focuses on investments in the firm’s Financial Services, Healthcare, and Consumer sectors in the India & Southeast Asia region.

  NEWSROOM
August 27, 2019

Sandeep Naik Discusses GA’s Investment Outlook for India on CNBC

Sandeep Naik, Managing Director and Head of India & Southeast Asia, appears on CNBC to share GA’s investment outlook for India and views on the strong entrepreneurial ecosystem in the country.  General Atlantic has been investing in India since 2002 and has partnered with more than 25 companies there to help them grow and scale.

  PRESS RELEASE
August 19, 2019

Sanfer receives USD $500 million from CDPQ to fund strategic growth across Latin America

Sanfer, one of Mexico’s leading independent pharmaceutical companies, today announced it has obtained a USD $500 million minority investment from Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor. The investment, one of the largest minority private equity transactions in Mexico, will enable Sanfer to execute on its continued expansion plans across Mexico and the broader Latin American region.

  PRESS RELEASE
August 19, 2019

Morphe Holdings and General Atlantic Announce Partnership and Strategic Growth Investment

Morphe Holdings, a global beauty company, and General Atlantic, a leading global growth equity firm, announced today the launch of a new partnership in which General Atlantic will acquire a majority stake in the company alongside existing investor Summit Partners and co-founders Chris and Linda Tawil. Additional terms of the deal were not disclosed.

  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.

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