Endeavor Catalyst is an innovative co-investment vehicle that invests in equity financing rounds of high-impact entrepreneurs alongside professional venture capital firms. Launched in 2012, the fund operates across multiple entities with capital from numerous partners.
Coatue led the Series B funding round to support product development and strengthen the balance sheet.
"I’m thrilled to welcome Coatue to our cap table. As meaningful investors in late-stage tech companies such as Instacart, DoorDash, Bytedance and Chime they bring a wealth of experience in building world-class businesses driven by operational excellence. They share our vision for a future of connected payments which made them an obvious choice as partners for us."
AfricInvest led the Series A round with participation from Endeavor Catalyst to support platform development.
"Through our own cutting-edge research, we have developed a platform that goes beyond what we have seen in AI applications in the past. It can tackle challenging optimisation and automation challenges in dynamic and complex environments such as, but not limited to, mobility, logistics, manufacturing and energy. We already see that our product is providing real value and ROI for our clients"
The record-breaking Series A round was led by Insight Partners and DST Global with participation from GIC and Blossom Capital.
"We have been fortunate to have some of the world’s leading investors approach us for some time but our focus has remained on building the very best suite of products we can for our merchants on four continents. Having built a sustainable business, one hire at a time, it was crucial to find partners that share our vision of how enterprise businesses will consume financial services in the future. We have anticipated this from our early days and have designed Checkout.com’s platform from the outset so that we can easily deliver incremental services to our customers as the company expands its offering."
