Endeavor

2019–20 Endeavor Catalyst Annual Report

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ENDEAVOR CATALYST ENTREPRENEURS MANAGING THROUGH CRISIS By all measures, 2019 was a banner year for Endeavor Catalyst. Endeavor Catalyst II was fully deployed across 78 companies in 26 markets, we celebrated three successful exits (plus one in progress), we launched our fundraising effort for Endeavor Catalyst III, and Fund III even began making investments as Endeavor Entrepreneurs secured term sheets from top-tier investors all over the world. As 2019 drew to a close, we had every reason to believe that 2020 would be no different. In preparation, we carefully managed our active investment pipeline, we initiated (and continued) fundraising conversations with dozens of potential investors globally, and started to plan our 5th annual Investor Meeting in San Francisco, California. No sooner did 2020 start than the macroeconomic backdrop began to deteriorate. As different parts of the world began grappling with (and responding to) the severity of the COVID-19 global pandemic, entrepreneurs and small businesses were especially hard hit. As Endeavor, we acted quickly, feeling a unique responsibility to support our entrepreneurs during this unprecedented and uncertain time. We quickly launched the Endeavor Entrepreneur Resource Center, a "Leading through Crisis" webinar series with top business leaders, a weekly newsletter catered to Endeavor Entrepreneurs, and much more. And, while we are trying to do our small part to support our companies during this challenging chapter, the real heroes are our entrepreneurs who are fighting to retain jobs, launching initiatives to serve their communities and countries, and most of all, surviving and even thriving! Many of our Endeavor Catalyst portfolio companies, particularly in the Healthcare, Education, and Smart City verticals, have gone above and beyond during this time.

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