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City Light Capital

North America, New York, United States, New York

Description

City Light Capital is a New York-based venture capital firm established in 2008, distinguished by its commitment to impact investing. The firm strategically deploys capital into early-stage companies that demonstrate the potential for both robust financial returns and significant, measurable social impact. Their investment thesis is concentrated across three critical sectors: education, safety and care, and the environment. This focused approach allows City Light Capital to support innovative businesses addressing pressing societal and environmental challenges, aligning profit motives with positive change.

The firm primarily targets Seed, Series A, and Series B funding rounds, often taking a lead or co-lead position in these investments. City Light Capital's initial investments typically range from $1 million to $5 million, reflecting their focus on early-stage growth and development. They also maintain substantial reserves for follow-on investments, indicating a long-term commitment to their portfolio companies' success and continued scaling. For instance, they are currently deploying capital from City Light Capital IV, a $150 million fund, which closed in 2020, following their $100 million City Light Capital III fund from 2016.

City Light Capital emphasizes a hands-on approach, providing strategic guidance and leveraging their network to help portfolio companies achieve their impact and financial objectives. Their dedication to measurable impact is woven into their due diligence and post-investment support, ensuring that their capital not only fuels growth but also contributes meaningfully to the firm's core impact areas. This dual mandate of financial performance and social good positions City Light Capital as a prominent player in the evolving landscape of venture capital, seeking to generate value that extends beyond traditional financial metrics.

Investor Profile

City Light Capital has backed more than 198 startups, with 11 new investments in the last 12 months alone. The firm has led 11 rounds, about 6% of its total and boasts 19 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Health Care, Software, Wellness.
  • Led 1 rounds in the past year.
  • Typical check size: $1M – $5M.

Stage Focus

  • Seed (51%)
  • Series A (19%)
  • Series B (9%)
  • Series Unknown (9%)
  • Pre Seed (5%)
  • Series C (4%)
  • Series D (2%)
  • Convertible Note (2%)
  • Private Equity (1%)
  • Undisclosed (1%)

Country Focus

  • United States (99%)
  • Canada (1%)

Industry Focus

  • Health Care
  • Software
  • Wellness
  • Education
  • Information Technology
  • Artificial Intelligence (Ai)
  • Saas
  • Energy
  • Mental Health
  • Medical
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does City Light Capital frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 11
Novak Biddle Venture Partners
North America, Maryland, United States, Bethesda
Co-Investments: 6
Claremont Creek Ventures
North America, California, United States, Oakland
Co-Investments: 6
Human Ventures
North America, New York, United States, New York
Co-Investments: 8
Plug and Play
North America, California, United States, Sunnyvale
Co-Investments: 8
Greycroft
North America, New York, United States, New York
Co-Investments: 6
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 6
Precursor Ventures
North America, California, United States, San Francisco
Co-Investments: 10
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 17
Lauder Partners
North America, California, United States, Atherton
Co-Investments: 6

Which angels does City Light Capital often collaborate with?

MP
North America, Colorado, United States, Aspen
Shared Deals: 2
JM
North America, United States
Shared Deals: 2
AL
North America, California, United States, San Carlos
Shared Deals: 2
AR
North America, Texas, United States, Dallas
Shared Deals: 1
JW
North America, California, United States, Mountain View
Shared Deals: 3
BH
North America, Colorado, United States, Boulder
Shared Deals: 2
AP
North America, California, United States, San Francisco
Shared Deals: 1
DK
North America, New York, United States, New York
Shared Deals: 2
JK
North America, New York, United States, New York
Shared Deals: 2
MG
Europe, Islas Baleares, Spain, San Francisco
Shared Deals: 2

What are some of recent deals done by City Light Capital?

WattCarbon

Lafayette, California, United States

WattCarbon is building the world's first decarbonization procurement platform for accelerating the energy transition.

EnergyEnvironmental ConsultingSoftware
SeedJul 17, 2025
Salvo Health

New York, New York, United States

Salvo Health is an app-based specialty care provider focusing on chronic gut conditions.

Health Care
SeedJun 5, 2025
Amount Raised: $4,000,000
Bicycle Health

San Francisco, California, United States

Bicycle Health is a virtual addiction medicine clinic that helps treat opioid dependence or use disorder.

Health CareHealth InsurancePersonal Health
Series UnknownJan 29, 2025
Amount Raised: $16,500,000
Teal

Miami, Florida, United States

Teal is a personal career growth platform offering AI-powered tools and resources to enhance job searches and career development.

Artificial Intelligence (AI)Career PlanningEmploymentPersonal DevelopmentProfessional Services
Series AJan 22, 2025
Amount Raised: $7,500,000
World Class Health

New York, New York, United States

World Class Health is a Hospitals and Health Care company.

Health CareHospital
SeedNov 20, 2024
Amount Raised: $8,000,000
Jimini Health

Stanford, California, United States

Jimini’s mission is to radically improve the efficacy of mental health care across the world.

Artificial Intelligence (AI)Health CareMental HealthWellness
Pre SeedNov 19, 2024
Amount Raised: $8,000,000
Overstory Health

San Francisco, California, United States

Overstory Health is a company that offers healthcare services.

Health CareMedicalWellness
UndisclosedNov 12, 2024
Amount Raised: $5,982,196
1s1 Energy

Portola Valley, California, United States

1s1 Energy is developing material technology for PEM water electrolysis systems for green hydrogen production.

Advanced MaterialsEnergyEnergy ManagementEnvironmental EngineeringFuel CellManufacturingRenewable Energy
SeedOct 15, 2024
Amount Raised: $1,400,000
Affineon Health

Denver, Colorado, United States

Healthcare is an AI inbox platform that automates administrative tasks for healthcare providers.

Health CareOffice AdministrationPaaS
SeedOct 2, 2024
Airship

Washington, District of Columbia, United States

Airship provides HVAC technicians with point-of-sale software.

Heating, Ventilation, and Air Conditioning (HVAC)Point of SaleSoftware
Pre SeedSep 30, 2024
Amount Raised: $4,000,000