
Citi Ventures
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
Frequently Asked Questions
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