Venture

GC Customer Value Fund, L.P.

Raising 2025-10-06

Other Investment Fund · adviser (attributed) General Catalyst

  • CIK 1952935
  • File 021-472900
  • State MA
  • 506(c)
  • 3(c)(7)
Sought
Indefinite
no ceiling stated
Sold so far
$605M
as of 2025-10-06
Investors
8
reported
Minimum investment
$0
no minimum, as filed

Connected

from Form D 021-472900

Fund size — sought vs sold

No ceiling stated: the Form D answers "Indefinite", so $605M sold is the running total of subscriptions, not a share of a target.

Facts

As its latest Form D states them

Fund type
Other Investment Fund
Adviser (attributed)
General Catalyst
State
Massachusetts (MA)
Exemptions
Rule 506(c); Investment Company Act Section 3(c)(7)
First filed
2023-02-08
Latest filing
2025-10-06
First sale
2023-02-10
Filings
3 Form D

People

Named in Item 3 of its latest Form D, filed 2025-10-06

Related persons
NameRelationshipClarification
GC Customer Value Fund GP, LLCRelationshipExecutive OfficerClarificationGeneral Partner of the Issuer
General Catalyst Group Management, LLCRelationshipExecutive OfficerClarificationInvestment manager of the Issuer
Hemant TanejaRelationshipExecutive OfficerClarificationMember of the GP of the Investment Manager of the Issuer
David P. FialkowRelationshipExecutive OfficerClarificationMember of the GP of the Investment Manager of the Issuer
Joel E. CutlerRelationshipExecutive OfficerClarificationMember of the GP of the Investment Manager of the Issuer
Kenneth ChenaultRelationshipExecutive OfficerClarificationMember of the GP of the Investment Manager of the Issuer

Sales compensation

Named in Item 12 of its Form D filings

Sales compensation recipients
RecipientCRDBroker-dealerOfferings
Campbell Lutyens & Co. Inc.CRD133376Broker-dealer—Offerings1
Jefferies LLCCRD2347Broker-dealer—Offerings1

Amendments

amount sold · by filing date
2025-10-06 · $605M
  1. 2023-02-08$0D · 0 inv.
  2. 2025-03-14$605MD/A · 7 inv.
  3. 2025-10-06$605MD/A · 8 inv.

Hover a dot or row, or tab through the dots · bars scaled to the largest round ($605M)

The other funds of General Catalyst (49 on Form ADV) and every Form D as filedSee plans

A fund's Form D states its target and what it has sold so far. The dashboard puts it beside the adviser's other funds from Form ADV, the startups linked to it, and every amendment as filed.

  • The adviser's Venture page: its Form ADV funds, assets and other Form D offerings
  • Where co-filings link it, the startups this fund backed
  • Every Form D and amendment as filed, with what each one stated
  • Everyone its filings name, linked to their other funds and companies

Part of the Venture plan — $140/mo at launch pricing ($350 list)

See plans

External link: SEC Filings ↗