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Crowdz secures $10m strategic investment in round led by Citi and Global Cleantech Capital

Small and mid-sized enterprise (SME) finance platform Crowdz has secured $10 million in investment, led by Citi and Global Cleantech Capital, with participation from Bold Capital Partners, TFX Capital, and Augment Ventures.

Citi’s investment was led by the Spread Products Investment Technologies (SPRINT) team, the strategic investing arm of the bank’s industry-leading Global Spread Products division. Existing investor Global Cleantech Capital, a Netherlands-based growth venture capital firm, joined Citi in leading the round. Existing investors Bold Capital Partners, TFX Ventures, and Augment Ventures also participated, bringing Crowdz’s total capital raised to $25.5 million.

The capital will be used to fund Crowdz’s global expansion to meet its target of providing 25,000 SMEs with over $1B in working capital in 2023.

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