Tom Weithman

Tom Weithman

Managing Director and Vice President

Phone: 703-689-3060
Departments: All Staff, CIT Entrepreneur

Beginning in 2004, Tom Weithman has established and grown CIT GAP Funds, a family of seed-stage venture funds focused on making equity investments in the Commonwealth of Virginia’s most promising tech and life science companies. In forming GAP Fund I, Weithman brought together initial investment capital, developed and implemented all deal sourcing, due diligence, and portfolio management processes, and recruited all members of the investment team and GAP Fund board. Building on the success of GAP Fund I, Weithman launched the GAP BioLife Fund and the GAP Tech Fund in 2007. Through CIT GAP Funds, Weithman's team has placed more than 30 seed-stage equity investments, attracted more than $30M of private equity investment into CIT GAP Funds portfolio companies, driven 9 portfolio companies to Series-A investment, and propelled several companies to exit. Weithman maintains leadership for all day-to-day fund operations, investment strategy, and portfolio management activity for CIT GAP Funds. CIT GAP Funds has been recognized by Entrepreneur Magazine as a Top 100 venture fund in 2005, 2006, 2007, and 2008. Weithman brings to CIT GAP Funds a strong prior executive experience in sales, business development, and operations with both IBM and a Hughes Electronics-backed software and IT services start-up and has raised over $75M in funding for numerous early stage technology companies. In addition to advisory roles with a number of CIT GAP Funds portfolio companies, Weithman’s serves on the board of the Virginia Tech Intellectual Property Foundation and enjoys affiliations with Irish Angels and Catholic Charities of Northern Virginia. Weithman is active in numerous angel investment, venture capital, and entrepreneurial support organizations, speaking frequently on the subjects of seed stage investing, federal R&D funding, and technology transfer and has been recognized as among the “25 Most Influential People in the Southeast Technology Community” by TechJournal South. Weithman holds a Bachelor’s degree from the University of Notre Dame, an MBA from Michigan State University and a Master's degree in Public Administration from Harvard's John F. Kennedy School of Government.

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