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Citi Ventures

North America, California, United States, San Francisco

Description

Citi Ventures serves as the corporate venture capital arm of Citi, a global financial services leader. Established with a clear mandate to drive innovation within the financial sector, the firm strategically invests in and partners with leading startups that are shaping the future of money, commerce, and enterprise technology. Its investment thesis is deeply aligned with Citi's broader strategic objectives, aiming to identify emerging technologies and business models that can enhance client solutions, optimize operations, and foster new growth opportunities for the parent company. While financial returns are a consideration, the primary emphasis is on strategic synergy and the potential for long-term impact on Citi's core businesses.

The firm's investment scope is broad, encompassing various stages from early-stage seed and Series A rounds through to more mature Series B and Series C growth rounds. Citi Ventures focuses on several key thematic areas, including the Future of Commerce, Future of Money, Future of Risk & Security, Future of Work, Data & AI, Enterprise Deep Tech, and Digital Assets. This comprehensive approach allows them to engage with a diverse range of companies that are at the forefront of technological disruption in finance.

Typically, Citi Ventures deploys first cheques ranging from $1 million to $20 million, demonstrating their capacity to support companies from their initial growth phases through more significant expansion. Their robust portfolio reflects this strategy, with the firm having made over 180 investments in innovative companies globally. Beyond direct investments, Citi Ventures also fosters innovation through internal programs like D10X, which incubates new ventures from within Citi, and a dedicated Studio arm, further solidifying their commitment to both external and internal innovation pathways. This multi-faceted strategy positions Citi Ventures as a significant player in the fintech and enterprise technology investment landscape, actively shaping the evolution of financial services.

Investor Profile

Citi Ventures has backed more than 242 startups, with 26 new investments in the last 12 months alone. The firm has led 42 rounds, about 17% of its total and boasts 42 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series A rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Israel.
  • Strong thematic focus on FinTech, Financial Services, Software.
  • Led 3 rounds in the past year.
  • Typical check size: $1M – $20M.

Stage Focus

  • Series B (28%)
  • Series C (18%)
  • Series A (17%)
  • Series Unknown (14%)
  • Series D (11%)
  • Seed (5%)
  • Series E (3%)
  • Series F (2%)
  • Private Equity (1%)

Country Focus

  • United States (71%)
  • United Kingdom (8%)
  • Israel (5%)
  • Canada (3%)
  • Singapore (2%)
  • Brazil (2%)
  • India (1%)
  • China (1%)
  • Sweden (1%)
  • Portugal (1%)

Industry Focus

  • Fintech
  • Financial Services
  • Software
  • Finance
  • Artificial Intelligence (Ai)
  • Information Technology
  • Cyber Security
  • Analytics
  • Saas
  • Security
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Citi Ventures frequently co-invest with?

Bain Capital Ventures
North America, California, United States, San Francisco
Co-Investments: 11
Capital One Ventures
North America, California, United States, San Francisco
Co-Investments: 11
Goldman Sachs
North America, New York, United States, New York
Co-Investments: 11
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 11
American Express Ventures
North America, New York, United States, New York
Co-Investments: 9
Battery Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 15
Menlo Ventures
North America, California, United States, San Francisco
Co-Investments: 12
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 13
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 11
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 11

Which angels does Citi Ventures often collaborate with?

Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 2
TW
North America, California, United States, San Francisco
Shared Deals: 1
LB
North America, California, United States, San Francisco
Shared Deals: 2
AS
North America, New York, United States, New York
Shared Deals: 1
JW
North America, New York, United States, New York
Shared Deals: 2
FS
North America, California, United States, Santa Clara
Shared Deals: 2
MS
North America, California, United States, San Francisco
Shared Deals: 2
Daniel Scrivner
North America, Colorado, United States, Boulder
Shared Deals: 1
AS
North America, California, United States, San Francisco
Shared Deals: 1
SP
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Citi Ventures?

IVIX

Tel Aviv, Tel Aviv, Israel

IVIX uses AI to transform public data into insights, helping governments uncover hidden businesses and combat financial crime.

AnalyticsArtificial Intelligence (AI)Financial ServicesFinTechPredictive AnalyticsSoftware
Series BAug 18, 2025
Amount Raised: $60,000,000
OneText

San Francisco, California, United States

OneText provides text-based services to individuals and commercial entities in order to assist them in purchasing goods and services .

E-CommerceMarketingPayments
SeedJul 8, 2025
Amount Raised: $4,500,000
Conquest Planning

Winnipeg, Manitoba, Canada

Conquest Planning provides financial planning software that supports personalized goal-based advice.

Artificial Intelligence (AI)Financial ServicesFinTech
Series BJun 23, 2025
Amount Raised: $80,000,000
Clara

São Paulo, Sao Paulo, Brazil

Clara is a spending management company that provides an end-to-end spend management platform for businesses.

BillingEnterprise SoftwareFinancial ServicesFinTechPayments
Series UnknownApr 29, 2025
Amount Raised: $40,000,000
Endor Labs

Palo Alto, California, United States

Endor Labs secures software supply chains with advanced tools for open-source risk, compliance, and developer productivity.

Cyber SecurityDeveloper PlatformOpen SourceSecuritySoftware
Series BApr 23, 2025
Amount Raised: $93,000,000
Belvo

Mexico City, Distrito Federal, Mexico

Belvo is the open finance API platform that enables users to connect their accounts to an app.

BankingDeveloper APIsFinanceFinancial ServicesFinTech
Series UnknownApr 16, 2025
Amount Raised: $15,000,000
atomic

Salt Lake City, Utah, United States

atomic is an online platform that specializes in lending and financial services.

BankingFinancial ServicesLending
Series UnknownApr 1, 2025
Amount Raised: $10,000,000
Nammu21

New York, New York, United States

Nammu21 is a digitization and analytics platform that deconstructs, digitizes, and analyzes complex interconnected transaction documents.

AnalyticsFinancial ServicesFinTech
Series UnknownMar 16, 2025
Norm AI

New York, New York, United States

Norm AI is a regulatory AI agent company that automates legal and compliance tasks.

Artificial Intelligence (AI)ComplianceLegal Tech
Series BMar 11, 2025
Amount Raised: $48,000,000
Finmo

Singapore, Central Region, Singapore

Finmo is a fintech platform that focuses on online payment processing and real-time payments.

Financial ServicesFinTechPayments
Series AFeb 13, 2025
Amount Raised: $18,500,000