Search company, investor...

Predict your next investment

Corporate Venture
citi.com/ventures

Investments

201

Portfolio Exits

32

Funds

1

Partners & Customers

9

About Citi Ventures

Citi Ventures is a venture capital advisor of Citigroup.

Headquarters Location

260 Homer Avenue Suite 101

Palo Alto, California, 94301,

United States

Want to inform investors similar to Citi Ventures about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Expert Collections containing Citi Ventures

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Citi Ventures in 2 Expert Collections, including Banking.

B

Banking

44 items

Based on CB Insights Research Brief: https://www.cbinsights.com/blog/industry-market-map-landscape/#retail banking

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

Latest Citi Ventures News

Propelled by Product, Partner, and Market Momentum, Matillion Builds the Future of Data Productivity

Jan 26, 2023

Share 2022 saw strategic investments from Citi Ventures, Snowflake Ventures, and Databricks Ventures, laying the foundation for deeper integration, continued innovation, and accelerated adoption of the Matillion Data Productivity Cloud Matillion , the leader in data productivity, today announced tremendous company growth and product evolution in 2022. Notably, the company expanded its customer base of enterprise organizations that use its platform to get their data business-ready faster, including TUI, Western Union, and ghd. Johnathan Romero, Global Head of Analytics at global hair and beauty brand ghd, shared his team’s experience with Matillion Data Productivity Cloud as they automate media reporting to provide rich, business-ready data. “To provide customers with a frictionless experience, companies need data productivity and efficiency to help address and improve performance across the business,” said Romero. “Matillion’s platform allows our data team to deliver business-ready data to the wider organization so we can spot performance issues, apply remedial actions to fix them, and provide data insights in just minutes.” Matillion’s growth comes on the heels of the company’s investments from Citi Ventures, Snowflake Ventures, and Databricks Ventures to strengthen its Data Productivity Cloud roadmap. Dharmesh Thakker, a Matillion board member,  general partner at Battery Ventures, and co-author of the OpenCloud report, shared his observations of the forces shaping cloud data. “The growth of the cloud means organizations are deploying more mission-critical SaaS applications than ever before, leaving enterprises to wrangle a highly diverse set of data sources to bring operational and analytical insights to their stakeholders and customers,” said Thakker. “The result is a more complex cloud-data ecosystem, but one that enables enterprises to generate better and more unique insights that drive business outcomes. Matillion’s Data Productivity Cloud provides a unified cloud data experience that allows enterprises to deploy more projects, to more users, with faster time to value for data engineers. We’re excited by how the company is enabling organizations to improve the efficiency and productivity of their data stacks.” As organizations look to become more productive with their data, Matillion empowers users at all levels to move and prepare data for analytics, enabling them to be more agile when serving customers, developing new products, and adjusting to changing market conditions. 2023 will bring greater productivity gains for data teams as organizations seek efficiencies, build more nuanced KPIs and cement their data strategy to be cloud-first. Matthew Scullion, CEO and Co-founder of Matillion, reflected on the past year. “The cloud data market continued to mature in 2022, as organizations looked to rein in complexity and incorporate distributed data sources to make faster, smarter decisions,” said Scullion. “Matillion is the glue for the modern cloud data architecture, as evidenced by our steady growth over the past 12 months. We look forward to enabling even more companies to meet their diverse data needs and empower data teams to drive innovation while building efficiency.” Product and Technology Highlights Integrations and innovation: Matillion launched its Metadata API for improved data lineage support with Collibra and other top data governance providers, dbt integration and Spark notebooks, and improved its Universal Connectivity functionality. With customer feedback in mind, the team announced connectors for Workday, SAP, and Anaplan. Buyer endorsements: Matillion received the distinction of “Customer Choice” in the 2022 Gartner Peer Insights ‘Voice of the Customer’: Data Integration Tools report and earned Trust Radius’ Top Rated in Data Integration tools for the fourth consecutive year. Unlimited Scale: Matillion introduced the first capability for data teams to scale data processing indefinitely inside their cloud environment, with governance and sovereignty built in. Matillion Data Loader 2.0: A single, unified experience across batch loading and real-time, log-based change data capture (CDC) pipelines has moved over 1.3 trillion rows of data. Ecosystem Collaboration Snowflake Data Cloud: Matillion is one of the first partners to leverage Snowflake’s Native Application Framework, making Matillion connectors instantly available on the Snowflake platform. Over 150 Matillion sellers are certified for Snowflake. Databricks: With Matillion ETL for Databricks Partner Connect and new features such as enabling Unity Catalog, Delta Live Table, and Notebook Orchestration directly from the Matillion interface, data teams can be more productive on the Databricks Lakehouse Platform. Technical and product alignments: Additional ecosystem alignments include Google Cloud Ready – BigQuery Designation, Thoughtspot LiveAnalytics Spot Apps partnership, and support for Amazon Redshift Serverless. Market and Industry Momentum Matillion Academy Certification: during the course of 2022, almost 700 data practitioners became Matillion certified. The Matillion Emerald Awards received a record number of submissions and recognized 13 world-class data teams such as SimpleTire, Principal Group Investors, Juniper Networks, and Cisco Meraki. Healthcare industry traction: The launch of a FHIR (“Fast Healthcare Interoperability Resources”) Data Loader powered by Matillion and Hakkōda enables users to extract FHIR data and load it into Snowflake in minutes. Accolades: Matillion was named in the Data50 by a16z and won a Silver Stevie® Award for Most Innovative Tech Company of the Year, and a Bronze Stevie® Award in the Entrepreneur of the Year. Global & Organizational Expansion Employee experience – Matillion was recognized as a Best Workplace by various organizations. 96% of employees at Matillion are proud to be a part of their company. Executive appointments: In 2022, Matillion hired a General Counsel and Chief Legal Officer, welcomed seasoned Marketing and Field leadership, and onboarded a Chief People Officer. Office expansion- Matillion opened an engineering center of excellence in Madrid, Spain, and deepened its go-to-market motions in Australia. PR Newswire, a Cision company, is the premier global provider of multimedia platforms and distribution that marketers, corporate communicators, sustainability officers, public affairs and investor relations officers leverage to engage key audiences. Having pioneered the commercial news distribution industry over 60 years ago, PR Newswire today provides end-to- end solutions to produce, optimize and target content -- and then distribute and measure results. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and Asia-Pacific regions. Prev Post

Citi Ventures Investments

201 Investments

Citi Ventures has made 201 investments. Their latest investment was in Anyfin as part of their Series C on January 1, 2023.

CBI Logo

Citi Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/18/2023

Series C

Anyfin

$32.37M

Yes

15

11/29/2022

Series B - II

Deepgram

$47M

No

16

11/29/2022

Series B

Greenwood

$45M

Yes

19

11/18/2022

Series A

Subscribe to see more

$99M

Subscribe to see more

10

11/15/2022

Series A - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

1/18/2023

11/29/2022

11/29/2022

11/18/2022

11/15/2022

Round

Series C

Series B - II

Series B

Series A

Series A - II

Company

Anyfin

Deepgram

Greenwood

Subscribe to see more

Subscribe to see more

Amount

$32.37M

$47M

$45M

$99M

$99M

New?

Yes

No

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

15

16

19

10

10

Citi Ventures Portfolio Exits

32 Portfolio Exits

Citi Ventures has 32 portfolio exits. Their latest portfolio exit was Kineta on December 19, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/19/2022

Reverse Merger

$99M

3

6/16/2022

Acquired

$99M

1

5/25/2022

Acquired

$99M

3

12/16/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

11/24/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/19/2022

6/16/2022

5/25/2022

12/16/2021

11/24/2021

Exit

Reverse Merger

Acquired

Acquired

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

3

1

3

10

10

Citi Ventures Fund History

1 Fund History

Citi Ventures has 1 fund, including Impact Investing Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

1/17/2020

Impact Investing Fund

$150M

1

Closing Date

1/17/2020

Fund

Impact Investing Fund

Fund Type

Status

Amount

$150M

Sources

1

Citi Ventures Partners & Customers

9 Partners and customers

Citi Ventures has 9 strategic partners and customers. Citi Ventures recently partnered with Papaya Global on January 1, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

1/3/2023

Partner

United States

3/1/2021

Partner

United States

Subscribe to see more

Subscribe to see more

0

1/19/2021

Partner

United States

Subscribe to see more

Subscribe to see more

10

5/22/2019

Partner

Singapore

Subscribe to see more

Subscribe to see more

10

10/18/2017

Partner

United States

Subscribe to see more

Subscribe to see more

10

Date

1/3/2023

3/1/2021

1/19/2021

5/22/2019

10/18/2017

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

United States

United States

United States

Singapore

United States

News Snippet

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

0

10

10

10

Citi Ventures Team

17 Team Members

Citi Ventures has 17 team members, including current Chief Executive Officer, Dipak Kumar Rastogi.

Name

Work History

Title

Status

Dipak Kumar Rastogi

Chief Executive Officer

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Dipak Kumar Rastogi

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Title

Chief Executive Officer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.