Published on December 31, 2020
The opinions expressed in this blog are solely the author's and do not reflect the views of Citi.
2020 was a year unlike any other. From a global pandemic to an economic crisis to a reckoning over racial inequity in America, the year presented more challenges and surprises than anyone could have anticipated.
Despite that, Citi Ventures continued to perform at a high level, securing several new investments and releasing a number of exciting new products and services that can help transform our enterprise, the financial system, and the world.
Here are some highlights from a memorable, impactful year.
Venture Investing
25
startup investments
13
new portfolio company
commercializations within Citi
1,300+
startup meetings
D10X® Program
11
11 projects live, including the
Proxymity® Voting Platform
230+
client meetings
Studio
1
new product launch: Worthi® by Citi,
a skills development platform for the future of work
17,000
skills
1,800
occupations
3,000
courses
1
product expansion: City Builder® by Citi,
a data-driven platform for place-based investing
16,000
U.S. cities
73,000
U.S. census tracts
485+
community development projects
890
college and university students engaged through Studio’s
Citi® University Partnerships in Innovation & Discovery (CUPID) program
78
students hired through CUPID Accelerate
60
students hired into other campus programs and lateral roles
90
Historically Black Colleges and Universities (HBCU) students in attendance at Citi’s second annual HBCU Symposium, co-sponsored by CUPID
40+
emerging technology briefings/meetings
with clients, Citi leaders and employees
Stakeholder Engagement
8,000+
Citi clients and consumers engaged through product launches and commercialization activities
100+
startup introductions to Citi clients
75
speaking engagements at
external conferences
35+
events held for Citi clients, colleagues
and startups