The pledge marks a sharp jump from General Catalyst’s earlier $500 million–$1 billion India earmark.
One of the most consequential decisions early-stage founders have to make is who they will bring on as their founding team. The first five to 10 employees will have a massive impact on the company culture, and the precedents set with them are difficult…
General Catalyst is in talks to lead the round for the four-year-old startup, according to our sources.
Bolna said that 75% of its revenue is coming from self-serve customers.
The startup has partnered with Eli Lilly and enjoys the backing of some of Silicon Valley’s most influential VCs.
The massive round was led by existing investor General Catalyst, with participation from other returning backers.
Bonatsos spent 15 years at GC, and until last year led the firm’s seed investing strategy.
Calacanis, General Catalyst’s Taneja, and McKinsey’s Sternfels discussed how AI is reshaping technology and the labor force.