Investor Type | Firm |
Type of Fund | Corporate VC |
Industries | Software (Web Marketplace Saas..) • PropTech • IT (& TMT) • Hospitality (& Events) • Media • Education • AgroTech • Businesses Solutions • FinTech (& Financials services) • Retail (& E-Commerce) • Sales (& Marketing) • IoT (& Wearables) • CleanTech • A.I. (& Big Data) • HealthTech (& Fitness) • Web Security (& Privacy) • Analytics • Autonomous vehicles (& Cars) • Cloud Services (& Infrastructure) • Developer tools • Future Of Work • Impact • Insurance (& InsurTech) • Logistics (& Distribution) • Medical Devices (& Hospital Services) • Payments • Real Estate (& Construction) • Healthcare (& Wellness) • Mobility • Online Social • Consumer • Woman Focused • UrbanTech |
Stages | Series A, Seed, Series B |
Investing | United States • China • Israel • Asia |
Investment Range | $1,000,000 - $20,000,000 |
Investment Sweet Spot | $5,000,000 |
Assets Under Management | $150,000,000 |
Citi Ventures is the corporate venture arm of Citi Bank, functioning as a key player in fostering innovation within the bank by investing in and partnering with high-potential startups at the forefront of revolutionizing financial services and various technology spheres. Founded in 2008 and based in San Francisco, California, with regional offices in Palo Alto, New York, and London, they pour resources into sectors including financial service and technology, fintech, data analytics, machine intelligence, commerce and payments, marketing and customer enterprise, security, enterprise technology, mobile sectors, and more. They have a comprehensive investment scope that spans software, proptech, IT, hospitality, media, education, agrotech, and numerous other industries. With expertise in equity investments, Citi Ventures actively seeks to inject funds ranging from $1 million to $20 million, aiming for a sweet spot investment of $5 million. The firm specializes in series ranging from Seed to Series B, managing assets that sum up to $150 million. Their investment portfolio emphasizes transformative areas such as innovative financial technology companies, AI & Data analytics, the future of commerce, security & enterprise IT, customer experience, DLT & digital assets, and proptech. These strategic investments not only pave the way for growth in these sectors but also foster integration with Citi’s vast resources, evidenced by successful commercialization with about 60% of their portfolio and initiating over 100 Citi business introductions every year. With a mission to impact the industry, they are invested in nurturing the future of finance through backing solutions like embedded lending, wealthtech, open finance, generative AI, machine learning, connected commerce, cybersecurity, operational efficiency enhancements, and customer engagement technologies. Their portfolio includes over 30 startups that have reached unicorn status and a significant number of profitable exits, showcasing their acumen in identifying and scaling breakthrough innovations.