Venture fund · from SEC filings

GC Venture (S)-B, LLC

General Catalyst · adviser of record: General Catalyst Group Management, LLC · 2019 vintage

GC Venture (S)-B, LLC is a 2019 venture fund managed by General Catalyst, with $41mm raised (Form D, amount sold). It reported $110mm in gross assets at year-end 2025, 2.69x its size, its highest reported value.

Latest value held: $110mm year-end 2025
Peak: $110mm year-end 2025
Fund size: $41mm Form D, amount sold
Held vs. size: 2.69x peak 2.69x

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	$110mm	2.69x	+110% over 2 yrs
2023	$52.6mm	1.28x	-19%
2022	$64.6mm	1.58x	-38%
2021	$105mm	2.56x	+16%
2020	$90.2mm	2.20x	+120%
2019	$41mm	1.00x	–

Other funds from General Catalyst

All General Catalyst funds

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 805-5038692748. Data updated October 13, 2026.

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