Endeavor Catalyst Fund Backs Three Ukrainian Tech Companies

Endeavor Catalyst has closed its Fund V at $320 million and is backing three companies with Ukrainian roots: Preply, Headway Inc., and HOLYWATER TECH. The venture capital arm of Endeavor now manages more than $850 million in assets. Preply and Headway operate in education technology, while HOLYWATER TECH focuses on vertical videos and interactive stories.
Endeavor Catalyst, which invests for the worldwide Endeavor entrepreneur network, closed its fifth fund after demand exceeded its target, raising $320 million. It now oversees more than $850 million. The fund backs companies run by founders chosen for Endeavor's community and joins other venture and growth equity backers.
Among its portfolio are three companies with Ukrainian origins. Preply, founded in Kyiv in 2012, and Headway Inc., started in Ukraine in 2019, work in education technology. HOLYWATER TECH operates in entertainment, specializing in vertical video and interactive storytelling. Since inception, Endeavor Catalyst reports over $500 million deployed across more than 400 investments.
The backing could strengthen Ukraine's tech ecosystem by connecting local-rooted founders to global capital and networks. It may create more opportunities for employees, learners using education platforms, and audiences of interactive entertainment. The fund's size might encourage other investors