About Citi Ventures
Our mission is to champion what’s next by bringing the outside in, building capabilities, and delivering thought leadership.
Milestones
2023
October 2023
- Citi Ventures portfolio company Tessian acquired by Proofpoint
June 2023
- Citi Ventures holds second annual FinTech Summit
April 2023
- Citi Ventures portfolio company GoHenry acquired by Acorns
- Citi Ventures releases #ThePowerofPartnership video series featuring portfolio companies and Citi partners
2022
December 2022
- Citi Ventures partners with Founders You Should Know to connect startups to top-flight talent
November 2022
- Citi Ventures hosts first in-person Enterprise Tech Summit since the pandemic and first-ever FinTech Summit
October 2022
- City Builder and Citi Ventures’ Dominique Harrison named finalists for Banking Tech Awards
September 2022
- Citi Ventures makes its 150th investment
- City Builder launches in the Kingdom of Jordan
August 2022
- Nine Citi Ventures portfolio companies make Forbes’ 2022 Cloud 100 list
June 2022
- Citi Ventures joins Sie Ventures’ Catalyst program to support female startup founders across Europe
- City Builder adds climate data and urban renewal projects to its platform
May 2022
- Head of Citi Ventures Arvind Purushotham ranked #9 on Global Corporate Venturing Powerlist 2022
- Citi Ventures releases first external Innovators@Citi videos: “Cracking the Customer Code” (with Betterment and Menlo Ventures) and “Into the Metaverse” (with The Sandbox and InfiniteWorld)
April 2022
- Arvind Purushotham named Head of Citi Ventures
March 2022
- Seven Citi Ventures portfolio companies make Fast Company's World’s Most Innovative Companies of 2022 list
February 2022
- Citi Ventures’ lead Israel investor Ornit Shinar named Global Corporate Venturing Emerging Leader
- City Builder earns Honorable Mention at U.S. Census Bureau’s Opportunity Project Challenge
January 2022
- Citi Ventures and Head of Citi Ventures Vanessa Colella win BIG Innovation Awards
- Citi Ventures portfolio company Even Financial acquired by MoneyLion
2021
December 2021
- Citi Ventures completes record investing year, making 41 new and follow-on investments
November 2021
- Citi Ventures hosts virtual Enterprise Tech Series for industry leaders
- Citi Ventures portfolio company Unbound Security acquired by Coinbase
- Worthi launches integration with hiring platform ZipRecruiter
October 2021
- Head of Citi Ventures Vanessa Colella named one of American Banker’s Most Powerful Women in Tech/Finance Standouts
- Citi and Mastercard partner to add City Builder to Mastercard’s City Possible Network
September 2021
- Worthi named Finalist for Fast Company’s Innovation by Design Award
August 2021
- Citi ranked #27 on Fast Company’s 2021 Best Workplaces for Innovators list, with mention of Citi Ventures
- Citi launches Bridge built by CitiSM, a Citi Ventures-incubated lending platform connecting SMBs with regional/local/community banks in the U.S.
July 2021
- Citi Ventures’ Global Head of Venture Investing Arvind Purushotham on Global Corporate Venturing Powerlist 2021
May 2021
- City Builder honored by Fast Company as a 2021 World Changing Idea
April 2021
- Vanessa Colella named one of Innovation Leader’s 25 Most Influential Innovators
- CUPID partners with California Community Colleges to bring career opportunities to students
- Worthi named a 2021 Webby Award Honoree
- City Builder expands to Milan, Italy, its first location outside the U.S.
March 2021
- Worthi partners with Futuro Health to bolster career opportunities for allied health workers
- Citi launches Citi Ventures-incubated automated securities lending solution for wealth managers
- Citi Ventures-incubated startup Ensemble spins out as independent company, Citi Ventures invests
January 2021
- Citi Ventures makes its 100th investment
- Citi Ventures and Vanessa Colella win 2021 BIG Innovation Awards
- Luis Valdich named Global Corporate Venturing Emerging Leader 2021
2020
December 2020
- Citi Ventures makes 25 startup investments in 2020, tying 2019 record despite global pandemic
November 2020
- Citi Ventures makes first investment in LATAM-based startup
- City Builder expands beyond Opportunity Zones to cover entire U.S.
October 2020
- CUPID co-hosts second annual HBCU Innovation & Leadership Symposium, a four-day virtual event for 92 Historically Black Colleges and Universities students
September 2020
- Citi announces $1 billion+ in Action for Racial Equity initiatives, including Citi Ventures-led standards for inclusive software design.
- City Builder honored by Fast Company as Best Urban Design of 2020
July 2020
- Citi Ventures’ internal innovation engine D10X hailed as Citi named one of Fast Company’s Best Workplaces for Innovators
June 2020
- CUPID creates virtual internship program, hires 78 students for remote internships at Citi
May 2020
- Citi Ventures-incubated startup Proxymity launches consortium, Citi Ventures invests
- Citi launches Worthi, , a free tool developed by Citi Ventures to empower skills-based job growth
January 2020
- Citi Ventures launches new investment focus area: Property Technology (PropTech)
- Citi Ventures portfolio company HighRadius becomes first “unicorn” startup of 2020
2019
December 2019
- Citi Ventures completes record investing year with 25 investments (16 new, 9 follow-on)
- Citi launches City Builder by Citi, a place-based investing information platform developed by Citi Ventures
- City Builder wins first prize at U.S. Census Bureau’s Opportunity Project Demo Day
November 2019
- Citi Ventures hosts its inaugural Enterprise Technology Summit
- Citi releases Out of the Red by Citi, a Citi Ventures-incubated credit card debt repayment tool, in the Apple App Store
- Citi Ventures portfolio company Honey acquired by PayPal for $4 billion
October 2019
- Citi Ventures wins three BAI Global Innovation Awards, including Most Innovative Financial Services Organization of the Year
- CUPID co-hosts first Citi Historically Black Colleges and Universities (HBCU) symposium
September 2019
- Citi Ventures wins Innovation Leader Impact Award
- Citi Ventures-incubated startup Trade Information Network spins out as independent company with investment from a consortium of banks including Citi
May 2019
- CUPID hosts its first international hackathon in Milan
April 2019
- Citi releases Beacon by Citi, a Citi Ventures-incubated gamified budgeting app, in the Apple App Store
2018
December 2018
- Citi Ventures joins Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies
November 2018
- Citi Ventures portfolio company Cylance acquired by Blackberry
October 2018
- Citi Ventures partners with Howard University to expand CUPID program
June 2018
- Citi and Computershare launch ProxymitySM, a Citi Ventures-incubated investor communications platform, as an independent company
April 2018
- Citi Ventures portfolio company DocuSign lists on Nasdaq
February 2018
- Citi Ventures makes its 50th investment
January 2018
- Citi Ventures launches Citi® University Partnerships in Innovation & Discovery (CUPID)
2017
October 2017
- Citi Ventures announces partnership with StartOut, supporting a global network of LGBTQ+ entrepreneurs
May 2017
- Citi Ventures-incubated startup CitiConnect® for Blockchain launches, integrated with Nasdaq Linq and leveraging Citi Ventures portfolio company Chain
- Citi Ventures and IDEO CoLab launch Mosaic Digital Identity Lab
January 2017
- Citi names new Head of Citi Ventures and Citi’s second Chief Innovation Officer, Vanessa Colella
2016
August 2016
- Citi Ventures portfolio company Jet.com acquired by Walmart
- Citi Ventures makes its 40th investment
2015
August 2015
- Citi Ventures makes its 30th investment
May 2015
- Citi Ventures joins IDEO CoLab as founding member with Nasdaq, Fidelity, and Harvard University
2014
December 2014
- Citi Ventures announces partnership with Plug and Play to launch a global fintech accelerator with locations in the U.S., Germany, Singapore, Brazil, and Spain
January 2014
- Citi Ventures makes its 20th investment
2013
December 2013
- Internal Acceleration Fund is established
November 2013
- Citi's first FinTech accelerator is launched in Tel Aviv
July 2013
- Citi Ventures establishes the Global Lab Network
2012
October 2012
- SilverTail acquired by EMC, marking Citi Ventures’ first portfolio company exit
April 2012
- Citi Ventures makes its tenth investment
March 2012
- Citi Ventures finalizes first portfolio company commercialization with SilverTail
January 2012
- Citi Ventures tests first pilot product from investment portfolio
2010
July 2010
- Citi Ventures makes its first venture investment
January 2010
- Citi Ventures is founded in Palo Alto by Citi's first Chief Innovation Officer, Debby Hopkins