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2022 Endeavor Catalyst Annual Report

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5 record for capital raised and boding well for future deployment. Liquidity was also present, largely in the form of M&A, as public markets remained weak. • Salesloft (Atlanta - Fund III) was acquired by Vista Equity Partners in January 2022 at a $2.3B valuation. • Skuvault (Louisville - Fund II) was acquired by Linnworks in August 2022. • LATAM: Though down significantly from its 2021 peak, LATAM still boasted 10+ mega rounds in 2022 - six of these are Endeavor Catalyst investees. • Creditas (Brazil - Fund II) raised over $400M across two rounds in 2022, bringing its valuation to $4.8B. • In Q4 2022, Kueski (Mexico - Fund I) raised one of the top 10 largest financing rounds in LATAM, and the largest round in Mexico. • EUROPE: European venture funding did not fall as sharply as in North America or Asia in 2022. In fact, 2022 funding was significantly higher than prior years, and was nearly double the $46B raised in 2020. • Satispay (Italy - Fund II) raised $100M+ in October 2022 and was one of the few companies to achieve Unicorn status this quarter. • Payhawk (Bulgaria - Fund IV) raised $100M in March 2022, becoming the first ever Bulgarian unicorn. • MENA: The MENA venture ecosystem managed to cross the $3B mark in 2022, setting a new funding record for the region fueled by mega rounds ($100M+), according to Magniit. • Checkout.com (UAE - Fund III) raised $1B in January 2022. • Foodics (Fund III), Tamara (Fund IV), TruKKer (Fund III) out of Saudi Arabia raised mega- rounds ($100M+) this year. • Grinta (Egypt - Fund IV) was ranked among the top equity deals in Q4 2022 in the country. Dario Brignone, Alberto Dalmasso, and Samuele Pinta, Satispay (Italy) Guillaume Pousaz, Checkout.com (UAE)

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