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First Citizens Bank

North America, North Carolina, United States, Raleigh

Description

First Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and more.

Investor Profile

First Citizens Bank has backed more than 29 startups, with 13 new investments in the last 12 months alone. The firm has led 21 rounds, about 72% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Debt Financing, Post Ipo Debt rounds (top funding stages).
  • Majority of deals are located in United States, Canada, Germany.
  • Strong thematic focus on Energy, Renewable Energy, Solar.
  • Led 9 rounds in the past year.

Stage Focus

  • Debt Financing (90%)
  • Post Ipo Debt (10%)

Country Focus

  • United States (86%)
  • Canada (7%)
  • Germany (3%)
  • United Kingdom (3%)

Industry Focus

  • Energy
  • Renewable Energy
  • Solar
  • Wholesale
  • Real Estate Investment
  • Clean Energy
  • Financial Services
  • Health Care
  • Home Services
  • Supply Chain Management
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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 First Citizens Bank frequently co-invest with?

Natixis
Europe, Ile-de-France, France, Paris
Co-Investments: 2
BankUnited
North America, Florida, United States, Miami Lakes
Co-Investments: 2
Umpqua Bank
North America, Oregon, United States, Roseburg
Co-Investments: 1
Comerica Bank
North America, Pennsylvania, United States, Philadelphia
Co-Investments: 2
Siemens
Europe, Bayern, Germany, Munich
Co-Investments: 2
Cadence Bank
North America, Mississippi, United States, Tupelo
Co-Investments: 2
MUFG Bank
Asia, Tokyo, Japan, Tokyo
Co-Investments: 2
National Bank of Canada
North America, Alberta, Canada, Calgary
Co-Investments: 4
KeyBanc Capital Markets
North America, Ohio, United States, Cleveland
Co-Investments: 1

What are some of recent deals done by First Citizens Bank?

Dimension Energy

Atlanta, Georgia, United States

The Dimension Renewable Energy team has more than a decade of experience developing renewable energy projects around the world.

Energy
Debt FinancingJun 16, 2025
Amount Raised: $190,000,000
Soltage

Jersey City, New Jersey, United States

Soltage is a full service renewable energy company that develops and operates solar energy stations.

EnergyRenewable EnergySolar
Debt FinancingJun 10, 2025
Amount Raised: $260,000,000
Connectivity Wireless

Duluth, Georgia, United States

Connectivity Wireless Solutions is a leading nationwide provider of in-building wireless solutions that has implemented over 2,000

Mobile
Debt FinancingMar 27, 2025
Amount Raised: $110,000,000
Cypress Creek Renewables

Santa Monica, California, United States

Cypress Creek Renewables is a national provider of local solar.

Environmental EngineeringRenewable EnergySolar
Debt FinancingMar 11, 2025
Amount Raised: $133,000,000
NineDot Energy

Brooklyn, New York, United States

NineDot Energy develops battery storage sites and other energy solutions.

Clean EnergyCleanTechEnergyEnergy Efficiency
Debt FinancingJan 22, 2025
Amount Raised: $65,000,000
Linea Energy

San Francisco, California, United States

Linea Energy is an independent power producer.

Renewable Energy
Debt FinancingJan 8, 2025
Innergex

Longueuil, Quebec, Canada

Innergex Renewable Energy is a hydro, wind and solar energy resources.

EnergyEnvironmental EngineeringRenewable Energy
Post Ipo DebtDec 16, 2024
Amount Raised: $99,754,828
Dimension Renewable Energy

Atlanta, Georgia, United States

The Dimension Renewable Energy team has more than a decade of experience developing renewable energy projects around the world.

Energy
Debt FinancingDec 11, 2024
Amount Raised: $284,000,000
Pivot Energy

Denver, Colorado, United States

Pivot Energy is a national renewable energy provider that develops, finances, builds, owns, and manages solar and energy storage projects.

EnergyEnvironmental ConsultingRenewable EnergySolar
Debt FinancingNov 21, 2024
Amount Raised: $450,000,000
Gore Street Energy Storage Fund

London, England, United Kingdom

Gore Street Capital Limited is an entity authorised and regulated by the Financial Conduct Authority that provides investment services.

Financial ServicesImpact Investing
Post Ipo DebtNov 15, 2024
Amount Raised: $93,064,352