Citi Impact Fund
VC Fund
New York, United States
Citi Impact Fund is a VC fund in New York focused on Health Care and FinTech. Through our $500 million Impact Fund, they are using their 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 pressing challenges.They typically co-invest alongside other investors in the venture capitalecosystem, 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 demonstrated proof of concept, secured prior rounds of funding, and exhibited the potential for scale. They invest in four verticals: the future of work, climate resilience, financial inclusion, and social infrastructure.They 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 equity investments in tech-enabled ventures led by black founders.
- Total investments:
- 68
- Last investment:
- Lead investor:
- 9%
Last updated:
For AI agents: llms.txt
Industries Citi Impact Fund invests in
Stages Citi Impact Fund invests in
Countries Citi Impact Fund invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Series A
- $11M–$35M
- Series B
- $21M–$111M
- Series C
- $35M–$125M
Investment Focus
Industry
- Health Care 12 (18%)
- FinTech 7 (10%)
- Software 6 (9%)
- Financial Services 5 (7%)
- Education 4 (6%)
Stage
- Series A 14 (21%)
- Series B 12 (18%)
- Series C 9 (13%)
- Funding Round 8 (12%)
- Seed 6 (9%)
Country
- United States 41 (60%)
- Israel 1 (1%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Arti Srivastava
Vice President
|
Vice President | Total investments: 0 | Find email | |
Candace Hewitt
Vice President
|
Vice President | Total investments: 0 | Find email | |
Jonathan Epstein
Associate
|
Associate | Total investments: 0 | Find email | |
Meredith Shields
Managing Director and Head of Citi Impact Fund
|
Managing Director and Head of Citi Impact Fund | Total investments: 4 | Find email | |
Nathan Cole
Vice President
|
Vice President | Total investments: 0 | Find email | |
| See all 7 team members → | ||||
Investments
| Company | Description | Round | Links |
|---|---|---|---|
Biocon
|
Biocon is a fully integrated healthcare company that delivers innovative biopharmaceutical solutions. From discovery to development and commercialisation, Biocon has the defining science, cost-effective drug development capabilities and significant manufacturing capacity to move ideas to market. | $382M / Post-IPO Secondary / Jul 13, 2026 | |
Prosperity Now
|
Prosperity Now's work makes it possible for millions of people to achieve financial security and contribute to an opportunity economy. | $5M / Grant / Jun 30, 2026 | |
Stepful
|
Stepful is an online learning platform that provides training programs for entry-level healthcare careers such as medical assistant, pharmacy technician, dental assistant, and related roles. It delivers its courses through live, instructor-led virtual classes, interactive assignments, and structured exam preparation for nationally recognizedcertifications. The platform also includes in-person clinical or externship components arranged through partner healthcare providers to help students gain practical experience. Stepful supports learners with additional services such as career coaching, resume preparation, and job search assistance after certification. Overall, it is designed to help students transition into healthcare roles by combining online instruction with hands-on training and employment support. | $55M / Series C / Jun 08, 2026 | |
Kashable
|
Kashable offers low-cost loans for any purpose. Eligible federal and company-sponsored employees can apply online in minutes and set up automatic repayment via structured payroll deductions.Kashable is an intelligent option for those looking to tackle expensive debt, cover unexpected expenses, or access an affordable financing option. We providean instant decision online with funds deposited directly to your bank account within 3 business days from approval. We are Socially Responsible Credit™ | $60M / Series C / Apr 27, 2026 | |
Forerunner
|
Forerunner provides software that helps communities better understand and actively manage their climate change risk. | $26.3M / Series B / Feb 05, 2026 | |
Cartwheel
|
Cartwheel offers mental health support to students in order to help schools regain balance in the midst of the student mental health crisis. It works hand in hand to empower school staff, reduce family stress, and improve all students' mental health outcomes. Its FERPA- and HIPAA-compliant program is built specifically for schools and theirunique needs in the wake of the COVID-19 pandemic.Cartwheel was founded in 2022 and is based in Cambridge, Massachusetts. | $35.2M / Series B / Aug 18, 2025 | |
WorkWhile
|
WorkWhile is an hourly labor marketplace that connects businesses with flexible professionals for various job opportunities. The platform allows companies to find workers for events and warehouse tasks, ensuring that their staffing needs are met efficiently. Workers can browse available shifts that align with their skills and schedules, providingthem with the flexibility they seek. Additionally, WorkWhile offers next-day pay, allowing employees to receive their earnings promptly after completing their shifts. This feature enhances financial flexibility for workers. The platform also utilizes location-based job matching to ensure that job opportunities are accessible to nearby professionals. | $23M / Series B / Jun 16, 2025 | |
Omnidian
|
Omnidian is a provider of comprehensive protection plans for investments in residential solar energy systems. It serves both individual homeowners and financial institutions, such as funds and third-party owners, that manage large portfolios of residential solar assets. The company's lifetime performance guarantee includes real timemonitoring, proactive service alerts and 100% covered hardware and software through a nationwide network of field service professionals, as well as a 100% guarantee on energy or plan owners will be reimbursed for energy loss.The company's mission is to protect and accelerate capital invested in the residential solar industry. Omnidian is backed by the DOE SunShot Program which accelerates the development of highly impactful solar technologies. | $87M / Series C / Apr 21, 2025 | |
TailorMed
|
TailorMed is a health IT company that works with providers, pharmacies and manufacturers to reduce patient financial toxicity and create efficiencies across the patient treatment lifecycle. Our end-to-end platform applies algorithms and automations to make the co-pay assistance and free drug order processes seamless and leverages our deep data setto create actionable insights. | $27.5M / Series B / Nov 21, 2024 | |
Intus Care
|
Intus Care is a healthcare analytics platform that synthesizes financial, clinical, and administrative data to identify, correlate, and visualize trends in long-term care facilities. | $11.5M / Nov 14, 2024 | |
| See all 68 investments → | |||
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FAQ
What does Citi Impact Fund invest in?
Citi Impact Fund invests primarily in Health Care, FinTech and Software startups, most often at Series A and Series B stage. Most of the 68 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is Citi Impact Fund's check size?
Citi Impact Fund typically joins rounds of $11M–$35M at Series A, $21M–$111M at Series B and $35M–$125M at Series C. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Citi Impact Fund participates in.
How do I contact Citi Impact Fund?
Public channels for Citi Impact Fund include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Citi Impact Fund?
The team at Citi Impact Fund includes Arti Srivastava (Vice President), Candace Hewitt (Vice President) and Jonathan Epstein (Associate), among 7 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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