Citi Impact Fund

Citi Impact Fund is an investment firm.

Active

Updated: Mar 15, 2026 ·

About

The Citi Impact Fund is an investment vehicle launched by Citi in 2020 with an initial commitment of $150 million. It focuses on supporting startups that drive systems change and disruption for positive societal impact.

The fund seeks to invest in companies with a "double bottom line," aiming for both financial returns and measurable social impact. Its mission aligns with Citi's broader efforts to promote economic progress and improve lives in low-income communities globally, addressing pressing problems through innovative solutions.

Financial History

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Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 5, 2026	Forerunner	$26.3M Series B	Wellington Management	SE Ventures

Financial History

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Valuation

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Deep Dive

The Citi Impact Fund operates as an investment vehicle of Citi, established in 2020 with a $150 million capital commitment. Its core mission is to identify, invest in, and support the growth of startups that are advancing systems change and disruption for good.

This corporate venture capital initiative is designed to back firms that demonstrate a "double bottom line" approach, meaning they pursue both financial returns and significant social impact. This strategy is consistent with Citi's overarching commitment to fostering economic progress and enhancing the quality of life in low-income communities worldwide.

The fund's investment focus spans innovative solutions to a range of societal challenges. These include initiatives aimed at improving health outcomes for vulnerable populations and supporting efforts in climate resilience. An example of its portfolio includes companies like Forerunner, which assists city agencies in bolstering storm readiness.

An experienced team manages the Citi Impact Fund, dedicated to making high-impact investments. By leveraging its capital, the fund aims to address complex community challenges while simultaneously nurturing the development of promising ventures.

Through its strategic investments, the Citi Impact Fund contributes to Citi's broader impact goals, utilizing capital to drive positive change and support the innovation ecosystem.

Sources

Frequently Asked Questions

What was the initial capital commitment for the Citi Impact Fund?

The Citi Impact Fund was launched in 2020 with a $150 million investment vehicle from Citi, dedicated to supporting businesses that address societal challenges.

What types of societal challenges does the Citi Impact Fund aim to address?

The fund targets innovative solutions to pressing problems, including improving health outcomes for vulnerable populations and supporting climate resilience initiatives.