Key Takeaways
- • Endeavor Catalyst, the venture capital arm of the global entrepreneur network Endeavor, closed its oversubscribed Fund V at $320 million, lifting total assets under management past $850 million.
- • Three Ukrainian-rooted companies, Preply, Headway Inc. and HOLYWATER TECH, are included among Fund V's portfolio companies, according to Kyiv Post.
- • Fund V invests exclusively in companies led by Endeavor Entrepreneurs and co-invests alongside firms including Sequoia Capital, Founders Fund and General Atlantic.
- • Europe became the fund's fastest-growing market, with 12 new European investments in the first half of 2026 versus 14 in all of 2025.
- • Endeavor Catalyst has deployed more than $500 million across more than 400 investments since founding, with 83 companies valued at $1 billion or more and 39 exits.
Summary
The fund's portfolio includes three companies with Ukrainian roots: Preply, Headway Inc. and HOLYWATER TECH. Preply, founded in Kyiv in 2012, is an EdTech company that became a unicorn in January 2026. Headway Inc., founded in Ukraine in 2019, began with book summaries and has expanded into lifelong learning. HOLYWATER TECH is an entertainment company focused on vertical videos and interactive stories. Sviat Sviatnenko, managing director of Endeavor in Ukraine, said the three companies are "building global products from day one and shaping what's next for their categories."
Fund V invests exclusively in companies led by Endeavor Entrepreneurs and co-invests alongside leading venture capital and growth equity firms, with Sequoia Capital, Founders Fund and General Atlantic named among co-investors. Per the press release, the fund is backed by founders of Nubank, Revolut, LinkedIn, Snowflake, Checkout.com, Globant and Careem, among others. Other early Fund V investments include Replit, Moove, Cashea, Respond.io, EnduroSat, HappyRobot and Lunar Outpost. Europe is the fastest-growing region, with 12 new investments in the first half of 2026 compared with 14 in all of 2025, while Latin America remains the portfolio's largest region. The firm said it invested in Venezuela for the first time through Fund V and expects to deploy an additional $25 million to $30 million over the remainder of 2026.
Since its founding, Endeavor Catalyst has deployed more than $500 million across more than 400 investments. The portfolio includes 83 companies valued at $1 billion or more, 39 exits and 11 initial public offerings. The firm says its mission is to back founders outside Silicon Valley as they grow from local markets into global companies.
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