Endeavor

6 6 EN D E AVO R C ATA LYST A N N UA L R EP O RT 20 1 8 –19 Endeavor Catalyst blazed through a milestone of 100 investments in companies led by Endeavor Entrepreneurs in January 2019, on the heels of the fund's bus- iest year of investment yet. From BUKALAPAK, an Indonesian e-commerce unicorn, to Detroit's WORKIT HEALTH, a telehealth addiction treatment company, the newest investments reflect the steadily growing pace and increasing diversity of the Endeavor Catalyst portfolio, which today is comprised of investments in more than 20 markets and across eight industry sectors. e recent additions also include SKUVAULT, the fund's first investment in Louisville, Kentucky, where Endeavor expanded in 2015. Launched in 2012, Endeavor Catalyst made between five and ten investments in each of its first four years. at rate has increased dramat- ically over the past three years, with each year marking a new "high" in terms of investments. Following 16 investments in 2016 and 22 invest- ments in 2017, the fund made a record- high 32 investments in calendar year 2018. In Latin America, the MENA region, and parts of Europe, Endeavor Catalyst has been recognized as one of the most active investors. According to Endeavor Catalyst Managing Director Allen Taylor, there are three primary drivers for the increased investment activity: 1) Endeavor's own expansion, from 17 markets in 2012 to 34 today, 2) the strength of the Endeavor portfolio, and 3) the spread of equity capital to more and more markets that have traditionally been underserved. "Seeing firms like Sequoia Capital and Andreessen Horowitz investing in Latin America, TPG investing in Africa, and General Atlantic ENDEAVOR CATALYST MAKES OVER 100 INVESTMENTS y Ulugbek Yuldashev of AWOK.com.

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