News

CIT GAP Funds Invests in Shark Tank Winner Zoobean

Coming on the heels of its hugely successful appearance on ABC’s Shark Tank Friday night, Zoobean, an Arlington-based startup that creates personalized...

FinSMEs Exclusive Interview with GAP Funds VP and MD Tom Weithman

FinSMEs Exclusive Interview with GAP Funds VP and MD Tom Weithman

CIT GAP Funds Invests in Urgent.ly

CIT announced today that its CIT GAP Funds closed an investment in Urgent.ly, a Northern Virginia-based startup offering a mobile on-demand platform that...

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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