News

CIT Announces that CIT GAP Funds Company WireTough Gets National Engineers’ (ASME) Approval for New Renewable Energy Storage Technology

CIT announced today that its CIT GAP Funds portfolio company, WireTough Cylinders LLC, a leading U.S. and worldwide manufacturer of patented wire-wrapped...

CIT Invests in LiteSheet Solutions

CIT announced today that its CIT GAP Funds joined a seed round investment in LiteSheet Solutions, a producer of a patented, highly energy-efficient LED...

CIT Invests in Tenant Turner, Inc.

CIT announced today that its CIT GAP Funds has invested in Tenant Turner, Inc., a full-service, SaaS-based leasing platform for residential property managers...

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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