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the $1 billion valuation mark, which
is rare for a single city outside of
Silicon Valley. Endeavor Catalyst
is an investor in SalesLoft, an
engagement platform for B2B
sales, and also recently invested in
Atlanta-based Chime Solutions,
a provider of customer contact
services. At Endeavor, we've always
believed in the power of success
stories, and creating virtuous
cycles to boost entrepreneurial
ecosystems globally. Today, Atlanta
is experiencing this "gravitational
pull" as serial entrepreneur — and
Endeavor Atlanta board member
— David Cummings, describes.
We expect to see more
companies scaling up — and getting
funded — in cities like Miami, Denver,
Atlanta and Detroit, but also further
afield in places like Louisville,
Kentucky; Birmingham, Alabama;
Western New York and Northwest
Arkansas. Recent Endeavor Catalyst
investments hailing from these cities
include Fleetio from Birmingham,
Alabama, Squire from Western New
York, Bloomscape from Detroit,
and Sondermind from Denver.
The most recent Pitchbook 2021
predictions project that Silicon
Valley will make up less than 20%
of all venture capital deals in 2021.
As Fred Wilson from AVC noted
in his recent piece "The Rise of
Everywhere," "The way that happens
is not less funding in Silicon Valley.
The way that happens is way more
funding everywhere else." Click
here to read on and learn more!
Mark Wilson,
Co-founder & CEO,
Chime Solutions (Atlanta)
Justin Mast,
Co-founder & CEO,
Bloomscape (Detroit)
