GC Health Assurance Holdings, LLC
General Catalyst · adviser of record: General Catalyst Group Management, LLC · 2020 vintage
GC Health Assurance Holdings, LLC is a 2020 venture fund managed by General Catalyst, with $104mm raised (Form D, amount sold). It reported $239mm in gross assets at year-end 2025, 2.31x its size, against a peak of $449mm in 2021.
- Latest value held
- $239mm year-end 2025
- Peak
- $449mm year-end 2021
- Fund size
- $104mm Form D, amount sold
- Held vs. size
- 2.31x peak 4.34x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $239mm | 2.31x | -13% over 2 yrs |
| 2023 | $275mm | 2.66x | -29% |
| 2022 | $385mm | 3.72x | -14% |
| 2021 | $449mm | 4.34x | +334% |
| 2020 | $104mm | 1.00x | – |
Other funds from General Catalyst
- General Catalyst Group XII, L.P. 2023
- General Catalyst Group XII - Creation, L.P. 2023
- Bear Coast (Ventures) Fund, LP 2023
- General Catalyst Group XII - Ignition, L.P. 2023
- General Catalyst Group XII - Endurance, L.P. 2023
- General Catalyst Group XII - Health Assurance, L.P. 2023
- GC Venture XI (S), LP 2023
- General Catalyst Group XI - Endurance, L.P. 2021
- General Catalyst Group XI - Ignition, L.P. 2021
- General Catalyst Group XI - Creation, L.P. 2021
- General Catalyst Group XI - Health Assurance, L.P. 2021
- General Catalyst Group XI - Feeder, L.P. 2021
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-8004622910. Data updated October 13, 2026.
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