Issue link: http://endeavor.uberflip.com/i/1111642
6 8 EN D E AVO R C ATA LYST A N N UA L R EP O RT 20 1 8 –19 Endeavor Catalyst's newest investments in the United States reflect the steadily growing pace and increasing diversity of its portfolio, which today includes investments in three of Endeavor's American markets: Miami, Detroit, and Louisville. Endeavor first launched its United States presence in 2013 in Miami, and has since expanded to Detroit, Louisville, Atlanta, and most recently, Northwest Arkansas. In 2016, Endeavor Catalyst made its first investment in the United States in FIGS, an Endeavor Miami company. FIGS is revolutionizing the medical apparel industry through its line of tailored and technical scrubs sold direct to consumer. Endeavor Catalyst participated in the company's series A round, led by Campfire Capital. In October 2017, FIGS was acquired by an undisclosed buyer, representing Endeavor Catalyst's third exit and a 5.1X multiple on invested capital. Since then, the fund has invested in a number of Detroit-based com- panies, which now make up more than 60% of Endeavor Catalyst's United States portfolio. e fund's most recent Detroit investment was in WORKIT HEALTH, a telehealth addiction treatment company that provides a 90-day program for addic- tion recovery. Endeavor Catalyst participated in the company's series A round, led by Sandbox Industries. In Q3 of 2018, Endeavor Catalyst invested in its first Louisville-based A GROWING PRESENCE IN THE UNITED STATES { Slav Ivanyuk and Andy Eastes of SkuVault.