Citi Foundation

Citi Foundation is a nonprofit organization based in the United States that focuses on addressing social challenges through financial services and products. It operates an Impact Investment Fund with a commitment of $200 million, which is used to make equity investments in U.S.-based private sector companies. These companies are selected for their innovative approaches to tackling pressing societal issues while achieving both social and financial returns. Additionally, Citi Foundation supports affordable housing projects, commercial developments, and community facilities aimed at benefiting low-income neighborhoods and populations. Through these initiatives, the foundation seeks to foster economic growth and improve the quality of life in underserved communities.

Bob Annibale

Global Director

Colleen Galvin

Senior Vice President - Community Development

Marshall Sitten

Vice President, Director of Communications and Service Design

14 past transactions

Wellthy

Venture Round in 2023
Wellthy, Inc. is a family care concierge service based in New York, established in 2014. The company specializes in assisting individuals and families in managing the complexities of care for chronically ill, aging, or disabled loved ones. Wellthy connects families with dedicated Care Coordinators who help navigate the logistical and administrative tasks associated with caregiving. Their platform enables families to track appointments, organize tasks, store important documents, and maintain communication. Wellthy addresses various needs beyond medical care, including legal, financial, housing, and emotional support. The service is designed to alleviate the burden of caregiving by taking on tasks such as making calls, scheduling appointments, and managing paperwork. Additionally, Wellthy partners with employers to offer a compassionate and scalable solution to support families dealing with aging-related issues, childcare, special needs, and other ongoing care challenges.

OhmConnect

Series D in 2022
OhmConnect, Inc. is a software company based in Oakland, California, that incentivizes users to reduce their household energy consumption during peak demand hours. By participating in energy reduction events, users can receive monetary compensation instead of relying on fossil fuel power plants. OhmConnect connects with users' smart devices, such as Wi-Fi thermostats and electric vehicles, to automate energy savings and provide real-time monitoring of energy usage. Users are informed when to reduce their electricity consumption and can earn points for their participation, which can be redeemed for cash. Additionally, OhmConnect offers wireless smart plugs that allow users to remotely control appliances like refrigerators and air conditioners. Since its incorporation in 2013, OhmConnect has positioned itself as a sustainable alternative to traditional energy generation, promoting a cleaner energy future.

Guild

Series F in 2022
Guild Education, Inc. is an educational technology company founded in 2015 and headquartered in Denver, Colorado. The company provides a lifelong learning platform designed for working adults, offering a range of online courses, workshops, and educational programs. These include bachelor’s and master’s degrees, high school diplomas, certificate programs, and language learning opportunities. Guild Education supports its users throughout their educational journey by utilizing a technology platform that facilitates discovery and learning, as well as a tech-enabled student advising model to enhance the overall experience. The company aims to empower adults to advance their education and career paths effectively.

Cayaba Care

Series A in 2022
Cayaba Care is a maternal health company offering community-based clinical services via technology-enabled multidisciplinary care teams.

Pallet

Series A in 2022
Pallet is a social purpose corporation that builds equal opportunity access to housing and employment. Pallet provides portable shelter systems intended to prevent and reduce homelessness. The company's shelter is made from durable aluminum and composite materials, giving customers with high quality, cost-effective, and portable shelter systems. Pallet is headquartered in Seattle, Washington.
Vermont Slauson Economic Development Corporation is a non-profit organization. They provide business loans and financial services for businesses. Their economic resources to the community include access to capital, business planning, training, and development. They also provide financial advocacy for the communities.
Proviso Leyden Council for Community Action advocates for social change by promoting community development and empowering people through education, training and supportive services.

Flume

Seed Round in 2021
NYC Internet Service Provider

Cherehani Africa

Grant in 2017
Cherehani Africa is transforming the micro finance market by leveraging proprietary technology to deploy capital at a 3X efficiency. The business model combines technology and human touch to provide credit to women micro-entrepreneurs in rural and underserved areas. The model is built on top of the proven micro-savings groups structures. Cherehani also provides market information and financial education to its customers. The suite of information is disseminated via a proprietary web based platform and augmented by in-person field visits.
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