Endeavor Catalyst closes $320 million fund to back startups beyond Silicon Valley

Endeavor Catalyst has completed its fifth fund at $320 million, raising its total managed assets above $850 million. Jordan's investment in the fund is meant to link local startups to international funding and help them expand regionally and globally. The fund has backed 437 companies across 44 markets, including 83 valued at $1 billion or more, and has seen 39 successful exits.
Endeavor Catalyst has finalized its fifth vehicle at $320 million after strong demand, lifting its total managed assets past $850 million. Jordan’s participation is intended to connect domestic startups with global investors and support their regional and international growth.
Across its five funds, the platform has invested in 437 companies operating in 44 markets. Eighty-three have reached billion-dollar valuations, and 39 exits have succeeded. Its portfolio includes Replit, Italy’s Bending Spoons, and Poland’s Eleven Labs. The model targets high-growth firms outside established venture hubs, using Endeavor’s network to invest alongside major VC and growth-finance partners.
This fund could broaden access to capital for founders in Jordan and other underserved markets, potentially helping local startups scale and create jobs. It may also give international investors more exposure to innovation outside traditional hubs. However, benefits may depend on whether funding reaches diverse founders and regions, and whether exits and growth translate into lasting local economic gains.