# Citigroup: portfolio, investments and team

> Citigroup is a vc firm based in United States. 1 investment on record, 1 in the last 12 months, latest Jun 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/citi-impact-fund (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Citigroup

Last cheque observed Jun 2026; 1 cheques on record.

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Deploying now New fund $243M, Jul 2009 VC firm

Growth Seed Series A Electronics Health Care Medical

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 1 on record

Since the last cheque **145** days **00** hrs **00** min **00** sec

Median round **$55M** Rounds led **0 of 1**

Pitch Citigroup

## Citigroup highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Series C: 100% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Growth Seed Series A
- **Sectors:** Electronics Health Care Medical
- **Based in:** New York, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1 appearances**

- **2026** 1 round
- **Jun** **[Stepful](https://millionrounds.com/company/stepful)** Series C · US · Ventureburn **$55M** With 7 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **7 named**

DD **Daryl Dewbrey** Director of the General Partner i Filing they signed

IR **Ihor Rakowsky** Secretary and Director of the General Partner i Filing they signed

JM **Jennifer Magro** Chief Financial Officer, Vice-President (""VP"") and Director of Citigroup Managed Futures LLC, the General Partner (""General Partner"") i Filing they signed

JP **Jerry Pascucci** President, Chief Investment Officer and Director of the General Partner i Filing they signed

RN **Raymond Nolte** Director of the General Partner i Filing they signed

SD **Shelley Deavitt Ullman** Senior VP and Director of the General Partner i Filing they signed

SC **Steven Ciampi** Director of the General Partner i Filing they signed

We also hold **352** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Funds they back

## 1 fund commitment on record

- **Managers:** 1

Every fund on record that it has committed money to, and the managers who invest it. Source: fund news.

Managers it backs most

- [Zeal Capital Partners 1 fund](https://millionrounds.com/fund/zeal-capital-partners)

Most recent commitments

- [Zeal Capital Partners Fund II](https://millionrounds.com/fund/zeal-capital-partners)

## Companies it bought

Acquisitions by the firm itself

**Koram Bank** **Undisclosed** Feb 2004

New fund on file

**$243M**

raised in Jul 2009

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Growth Seed Series A

Median round joined **$55M** the round, not its cheque

Led 0 of 1 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Jun 2026

Rounds by stage said on their site

- Series C *1*
- Growth said *-*
- Seed said *-*
- Series A said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Citigroup put money into.

[**Stepful** $55M · Jun 2026](https://millionrounds.com/company/stepful)

## Quick answers about Citigroup

### What does Citigroup invest in?

Citigroup invests most often at Series C (100% of the rounds on record), in sectors such as Electronics, Health Care and Medical.

### How active is Citigroup?

1 investments on record, 1 of them in the last 12 months. The most recent was in Jun 2026.

### What has Citigroup invested in recently?

Its most recent investments on record: Stepful (Series C, Jun 2026).

### How big are Citigroup's cheques?

The median round it joins is $55M.

### Is Citigroup investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is Citigroup?

Citigroup is a VC firm based in New York, United States.

### Has Citigroup raised a new fund?

Its latest fund filing with the SEC was in Jul 2009, reporting $243M raised.

### When was Citigroup founded?

Citigroup was founded in 1812.

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