CITI IMPACT FUND

Through our $200 million Impact Fund, we are using our own capital to make equity investments in "double bottom line" U.S.-based private sector companies that are applying innovative solutions to help address some of society's most pressing challenges. We typically co-invest alongside other investors in the venture capital ecosystem, making equity capital commitments ranging from $250,000 to $10 million across the seed to pre-IPO stages. Investments are primarily made in companies that have dem... onstrated proof of concept, secured prior rounds of funding and exhibited the potential for scale. We invest in four verticals: Future of Work, Climate Resilience, Financial Inclusion, and Social Infrastructure. We are actively seeking opportunities to invest in businesses that are led or owned by women and minority entrepreneurs to help combat the gender, and race gaps that exist in the VC-funded startup world. As part of this commitment, early-stage seed investments are primarily allocated to businesses that are led or owned by women and minorities. Additionally, as part of Citi and the Citi Foundation’s $1 billion+ Action for Racial Equity initiative, the Citi Impact Fund’s Black Entrepreneurs Investment Initiative – a $50 million capital commitment from Citi to help reduce the racial wealth gap by creating equitable access to venture capital funding for Black founders – has made early-stage equity investments in tech-enabled ventures led by Black founders.More