
City Light Capital
Description
City Light Capital is a New York-based venture capital firm established in 2008, distinguished by its commitment to impact investing. The firm strategically deploys capital into early-stage companies that demonstrate the potential for both robust financial returns and significant, measurable social impact. Their investment thesis is concentrated across three critical sectors: education, safety and care, and the environment. This focused approach allows City Light Capital to support innovative businesses addressing pressing societal and environmental challenges, aligning profit motives with positive change.
The firm primarily targets Seed, Series A, and Series B funding rounds, often taking a lead or co-lead position in these investments. City Light Capital's initial investments typically range from $1 million to $5 million, reflecting their focus on early-stage growth and development. They also maintain substantial reserves for follow-on investments, indicating a long-term commitment to their portfolio companies' success and continued scaling. For instance, they are currently deploying capital from City Light Capital IV, a $150 million fund, which closed in 2020, following their $100 million City Light Capital III fund from 2016.
City Light Capital emphasizes a hands-on approach, providing strategic guidance and leveraging their network to help portfolio companies achieve their impact and financial objectives. Their dedication to measurable impact is woven into their due diligence and post-investment support, ensuring that their capital not only fuels growth but also contributes meaningfully to the firm's core impact areas. This dual mandate of financial performance and social good positions City Light Capital as a prominent player in the evolving landscape of venture capital, seeking to generate value that extends beyond traditional financial metrics.
Investor Profile
City Light Capital has backed more than 198 startups, with 11 new investments in the last 12 months alone. The firm has led 11 rounds, about 6% of its total and boasts 19 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in United States, Canada.
- Strong thematic focus on Health Care, Software, Wellness.
- Led 1 rounds in the past year.
- Typical check size: $1M – $5M.
Stage Focus
- Seed (51%)
- Series A (19%)
- Series B (9%)
- Series Unknown (9%)
- Pre Seed (5%)
- Series C (4%)
- Series D (2%)
- Convertible Note (2%)
- Private Equity (1%)
- Undisclosed (1%)
Country Focus
- United States (99%)
- Canada (1%)
Industry Focus
- Health Care
- Software
- Wellness
- Education
- Information Technology
- Artificial Intelligence (Ai)
- Saas
- Energy
- Mental Health
- Medical
Frequently Asked Questions
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