Citi Foundation is a philanthropic organization focused on addressing societal challenges through innovative financial solutions. It operates a $500 million Impact Fund that invests in U.S.-based private sector companies, aiming to support ventures that demonstrate both financial viability and a positive social impact. The foundation typically co-invests with other venture capitalists, committing between $250,000 and $10 million in companies at various stages of development, from seed to pre-IPO. Its investment strategy emphasizes four key areas: the future of work, climate resilience, financial inclusion, and social infrastructure. Additionally, Citi Foundation is dedicated to reducing gender and racial disparities in venture capital by prioritizing investments in businesses led or owned by women and minorities. This commitment is further reflected in its $50 million Black Entrepreneurs Investment Initiative, part of a broader $1 billion Action for Racial Equity initiative aimed at providing equitable access to funding for black entrepreneurs.
EPIC is an award-winning social enterprise that empowers ordinary people to live extraordinary lives focused on making a positive difference in their communities.
MyPath
Grant in 2024
MyPath encourages upward mobility and helps individuals from low-income families to transform income for financial and personal growth.
Guild
Series F in 2022
Guild's lifelong learning platform offers classes, programs, and degrees for working adults, with a path for them to move forward in their education and careers. It offers these adults support from start to finish, with their technology platform for discovery, learning, and organizing the experience, and extra support with their tech-enabled student advising model.
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