Citi

investment firm

About

Citigroup is a diversified financial services holding company that provides various financial products and services.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$7.50B
Industries
Banking,Credit Cards,Financial Services,Wealth Management
Founded date
Jun 16, 1812
Operating Status
Active
Stock Symbol
nyse:C
Legal Name
Citigroup, Inc.
Also Known As
Citigroup.com
Investor Type
Investment Bank
Sub-Organizations
Citicorp Investment Bank Citicorp

Citigroup is a diversified financial services holding company that provides various financial products and services.

The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. The ICG segment offers various banking, and financial products and services to corporate, institutional, public sector, and high-net-worth clients. This segment provides wholesale banking products and services, including fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services.

Citigroup Inc. was founded in 1812 and is based in New York, United States.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$8.70B
Citi has raised a total of $8.70B in funding over 2 rounds. Their latest funding was raised on May 8, 2018 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 8, 2018 Post-IPO Equity $1.20B 1 ValueAct Capital Detail
Nov 26, 2007 Post-IPO Equity $7.50B 1 Abu Dhabi Investment Authority Detail
Oct 8, 1998 IPO Detail

Funds Raised

Announced Date Fund Name Money Raised
Jan 17, 2020 Citi Impact Fund $250M
Jan 8, 2007 Citigroup Capital Partners II $3.29B

Investments

Number of Investments
Number of Lead Investments
148
43
Citi has made 148 investments. Their most recent investment was on Nov 15, 2022, when Banked raised $15M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 15, 2022 Banked
Series A $15M Banking
Debt Financing $1.56B Yes
Sep 27, 2022 SeQura
Debt Financing €150M E-Commerce
Debt Financing $126M Mineral
Sep 22, 2022 AccessFintech
Series C $60M Financial Services

Investors

Number of Lead Investors
Number of Investors
2
2
Citi is funded by 2 investors. ValueAct Capital and Abu Dhabi Investment Authority are the most recent investors.
Investor Name Lead Investor Funding Round
ValueAct Capital Yes Post-IPO Equity
Abu Dhabi Investment Authority Yes Post-IPO Equity

Employee Profiles

Number of Employee Profiles
259
Citi has 259 current employee profiles, including Advisor Lubna Olayan
Advisor
Employee
Executive
Employee
Executive

Exits

Citi has had 35 exits. Citi most notable exits include Acadia ,   Cobalt

Date Company Name Exit Type Industry
Dec 19, 2022 Acadia M&A Finance Detail
Dec 15, 2022 Cobalt M&A Finance Detail
Sep 12, 2022 Uplogix M&A Enterprise Software Detail
Jun 23, 2022 Pagaya IPO Artificial Intelligence Detail
May 25, 2022 SIMON M&A Finance Detail

Acquisition

Citi has acquired 7 organizations. Their most recent acquisition was European American Bank on Feb 13, 2001. They acquired European American Bank for 0.

Date Company Name
Industry Acquisition Type Price
Banking acquisition Detail
May 18, 2001 Citibanamex
Banking acquisition $ 12.50B Detail
Feb 18, 2004 Koram Bank
Banking acquisition Detail
Jul 2, 2004 Lava Trading
Software acquisition Detail
Dec 13, 2006 Quilter Cheviot
Finance acquisition Detail