Media Center

  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.

  PRESS RELEASE
January 7, 2019

Advent International to acquire majority stake in leading third-party hotel operator Aimbridge Hospitality

Advent International, one of the largest and most experienced global private equity investors, today announced that it has signed a definitive agreement to acquire a majority ownership interest in North America’s leading third-party hotel operator Aimbridge Hospitality from Lee Equity Partners, a U.S.-based private equity firm, and General Atlantic, a leader in global growth investing. Aimbridge’s experienced senior management team will continue to lead the company and will retain a meaningful equity stake in the business.

  PRESS RELEASE
September 27, 2018

pymetrics Raises $40 Million in Series B Funding Led by General Atlantic

pymetrics, an enterprise SaaS company that uses neuroscience and AI to make the recruitment process more effective, accurate, and unbiased, announced today that it has closed a $40 million Series B funding round led by General Atlantic, a global growth equity firm. This funding round also includes participation from new investors Salesforce Ventures and Workday Ventures, and existing investors Khosla Ventures and Jazz Venture Partners.

  PRESS RELEASE
July 2, 2018

Automation Anywhere Raises $250 Million in Series A

Automation Anywhere®, the leader in Robotic Process Automation (RPA), today announced it has completed its Series A financing round of $250 million led by New Enterprise Associates (NEA) and Goldman Sachs Growth Equity with participation from General Atlantic and World Innovation Lab (WiL). As one of the largest Series A rounds on record for an enterprise software company, this brings Automation Anywhere’s post-money valuation to $1.8 billion. This sizable investment will help extend Automation Anywhere’s leadership in the rapidly-expanding RPA market and accelerate its global customer engagements and product development.

  PRESS RELEASE
June 19, 2018

GA Co-Leads CrowdStrike’s Series E Financing Round

CrowdStrike® Inc., the leader in cloud-delivered endpoint protection, today announced that the company has executed a financing round of over $200 million, led by General Atlantic, Accel and IVP, with participation from March Capital and CapitalG. Following this round, the company has achieved a valuation of more than $3 billion.

  PRESS RELEASE
June 18, 2018

TPG Growth and The Rise Fund to Acquire CLEAResult

TPG Growth and The Rise Fund today announced that they have signed an agreement to acquire CLEAResult, the country’s leading provider of energy efficiency solutions for utility companies. TPG Growth, the middle-market and growth equity platform within TPG, and The Rise Fund, a global impact investing fund managed by TPG, will be co-investors in acquiring the company from General Atlantic, a leading global growth equity firm. Financial terms of the transaction were not disclosed. The transaction, which is expected to close later in 2018, is subject to customary closing conditions, including regulatory approval.

  PRESS RELEASE
June 13, 2018

Opendoor Announces $325 Million in Series E Financing

Opendoor, an online real estate marketplace that radically simplifies home buying and selling, announced the closing of its $325M Series E funding round. The round was co-led by General Atlantic, Access Technology Ventures, and Lennar Corporation (the largest homebuilder in the U.S.), with additional participation from new investors Andreessen Horowitz, Coatue Management, 10100 Fund, and Invitation Homes (a leading property owner of homes for lease in the U.S.).  Existing investors Norwest Venture Partners, Lakestar, GGV Capital, NEA, and Khosla Ventures also participated in the round.

  PRESS RELEASE
January 24, 2018

Benevity and General Atlantic Announce Strategic Partnership

Benevity, Inc., a global provider of corporate social responsibility and employee engagement software, announced today that General Atlantic, a leading global growth equity firm, has made a strategic investment in the company. This investment comes as Benevity achieves record client growth with its workplace giving, volunteering and community investment technology, which revitalizes traditional corporate philanthropy by helping businesses infuse purpose and meaning into their corporate cultures and consumer-facing brands. In its next phase of growth, Benevity expects to continue to innovate its products and services, expand its charitable network of almost two million charities and nonprofits, and scale its operations to maximize efficiencies and reach new markets.

  NEWSROOM
November 14, 2017

Sam Lerer Named to Forbes “30 Under 30” List

Sam Lerer, Vice President on General Atlantic's Internet and Technology team, was named to Forbes’ “30 Under 30” Venture Capital List, for investing in the next great technology companies. The list was selected by Forbes’ editorial team and a panel of industry judges to honor men and women under the age of 30 who provide funding and support to leading startups. Sam joined General Atlantic in 2013 to focus on investments in the Internet & Technology sector.

  PRESS RELEASE
July 6, 2017

Mi9 Retail Announces Growth Investment from General Atlantic

Mi9 Retail, a global supplier of omni-channel retail software, announced today that General Atlantic, a leading global growth equity firm, has made a strategic investment in the company.

  PRESS RELEASE
June 20, 2017

SnapAV to be Acquired by Hellman & Friedman

SnapAV, a leading vertically-integrated supplier in the rapidly growing connected home sector, today announced that affiliates of Hellman & Friedman LLC ("H&F") have entered into a definitive agreement to acquire the company from General Atlantic.

  PRESS RELEASE
June 14, 2017

Preston McKenzie and Eric Spiegel Join General Atlantic as Special Advisors

General Atlantic, a leading global growth equity firm, announced today that Preston McKenzie, former CEO of Newscycle Solutions, and Eric Spiegel, former President and CEO of Siemens USA, have joined General Atlantic as special advisors.

MEDIA CONTACTS

 

Mary Armstrong

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media@generalatlantic.com