Citi Ventures

Investor - Accelerator/Venture

Overview

Citi Ventures, Inc. is the venture capital arm of Citicorp Banking Corporation specializing in incubation and seed investments. It seeks to invest in startups. The firm seeks to invest in financial services industry and transformational technologies, including those that leverage the power of social media and information analytics with a focus on commerce and payments; security and enterprise IT; big data and analytics; and financial technology. Within big data and analytics platform, the firm seeks to invest in companies that address the following needs: distributed Big Data infrastructure management; text analytics on massive unstructured data sets; Natural Language Processing interfaces (NLPs); graph technologies; exploratory analysis and the discovery of hidden insights in complex data structures; security and governance for Big Data and next-generation business intelligence (BI); visualization tools; and marketing technologies.

Country: United States

Founded: 2007

Headquarters: 260 Homer Avenue Suite 101 Palo Alto, CA 94301 United States

Investment Strategy

Geography

  • North America
  • Asia
  • Middle East and Israel

Sector Focus

  • Marketplace Lending
  • Institutional Investments and Trading
  • WealthTech
  • RegTech
  • Payments and Remittances
  • Infrastructure and Enterprise Software
  • Data and Analytics
  • Blockchain

Investment Stage

  • Early Stage Venture
  • Series B
  • Series C
  • Series D

Summary

Citi Ventures, Inc. is the venture capital arm of Citicorp Banking Corporation specializing in incubation and seed investments. It seeks to invest in startups. The firm seeks to invest in financial services industry and transformational technologies, including those that leverage the power of social media and information analytics with a focus on commerce and payments; security and enterprise IT; big data and analytics; and financial technology. Within big data and analytics platform, the firm seeks to invest in companies that address the following needs: distributed Big Data infrastructure management; text analytics on massive unstructured data sets; Natural Language Processing interfaces (NLPs); graph technologies; exploratory analysis and the discovery of hidden insights in complex data structures; security and governance for Big Data and next-generation business intelligence (BI); visualization tools; and marketing technologies.

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Investments

Date

Name

Size

Round

Co-Investors

Sector

Country

May 2016

vArmour

$41M

Series D

Arvind Purushotham

Infrastructure & Enterprise Software

United States

May 2016

illusive networks

$3M

Series B

Infrastructure & Enterprise Software

Israel

April 2016

BlueVine

Undisclosed

Venture

Marketplace Lending

United States

March 2016

Betterment

$100M

Series E

Arvind Purushotham

WealthTech

United States

June 2013

Pindrop

$11M

Series A

Arvind Purushotham

RegTech

United States

December 2015

Platfora

$30M

Series C

Data & Analytics

United States

September 2015

Chain

$30M

Series C

Blockchain

United States

October 2013

M-DAQ

$11.7M

Series B

Wei Hopeman

Institutional Investments & Trading

Singapore

July 2013

Ayasdi

$30.6M

Series B

Data & Analytics

United States

February 2013

Click Security

$17.7M

Series B

Infrastructure & Enterprise Software

United States

September 2012

Square

$200M

Series D

Payments & Remittances

United States

May 2012

Jumio

$3.35M

Series B

RegTech

United States

January 2012

Plastic Jungle

Undisclosed

Undisclosed

Payments & Remittances

United States

September 2011

Silver Tail Systems

Undisclosed

Undisclosed

RegTech

United States

June 2011

ReadyForZero

$4.5M

Series A

WealthTech

United States

Key Employees

Deborah Chase Hopkins
Chief Executive Officer

Niki Manby
Chief Operating Officer

Vanessa Colella
Managing Director, Global Head of Venture Investing & Strategic Growth Initiatives

Debbie Brackeen
Managing Director & Global Head, Innovation Network

Prakash V
Chief Financial Officer