News

Charlottesville area is fastest-growing for startup investment in U.S.

The Charlottesville area has been the country’s fastest-growing market for venture capital investment since 2010, according to a national report.

TypeZero Technologies' Artificial Pancreas Solution, inControl AP, Will Be Tested in a Large Scale

CIT GAP Funds Portfolio Company - TypeZero Technologies’ Artificial Pancreas Solution, inControl AP, Will Be Tested In A Large Scale, NIH Funded ($12.7...

Altruista Health will use MyVCM for Healthcare Risk and Compliance Management

CIT GAP Funds Portfolio Companies - Altruista Health and Ostendio - announced that the former will use Ostendio's MyVCM for Healthcare Risk and Compliance...

CIT GAP Funds

Who We Are:

CIT GAP Funds is a family of seed- and early-stage investment funds placing near-equity and equity investments in Virginia-based technology, life science, and cleantech companies.  CIT GAP Funds invests in companies with a high potential for achieving rapid growth and generating significant economic return for entrepreneurs, co-investors and the Commonwealth of Virginia.  CIT’s family of funds includes:

  • GAP Fund I – A vintage 2004 fund fully invested in a broad array of seed-stage technology companies. Portfolio.
  • GAP BioLife Fund – A seed fund investing exclusively in life science companies. 
  • GAP Tech Fund – A seed fund investing in IT and technology companies.
  • Commonwealth Energy Fund (CEF), a seed fund investing in energy efficiency and renewable energy companies. 

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