Providence-based bank offering commercial and consumer banking services nationwide.
Location
Providence, RI, US
Founded
1920
Citizens Bank, based in Providence, Rhode Island, offers a comprehensive range of commercial and consumer banking services across the United States. The bank engages in various investment rounds, including grants, debt financing, post-IPO debt, and Series A investments. Their investment sizes vary significantly, from smaller amounts like $15,000 for early-stage companies to substantial sums such as $925 million for more established entities.
Notable portfolio companies include CrossAmerica Partners, which raised $925 million, and Monro, with $600 million raised. Key decision-makers at Citizens Bank leverage their extensive experience in financial services to support portfolio companies. The bank's investment philosophy focuses on providing tailored financial solutions and value-added services such as wealth management and college funding assistance. This comprehensive approach aims to support businesses at various stages of growth and development.
Citizens Bank - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies33
Current Portfolio Count30
Total Portfolio Exits3
Top Investment Stages
Angel1 (50.0%)
Series A1 (50.0%)
Stage Mix
Angel 50%Series A 50%
Concentration shown as share of disclosed investments by stage.
