Center for Innovative Technology (CIT)

During Women’s History Month, celebrated each March, the Center for Innovative Technology (CIT) is proud to highlight Virginia’s community of female entrepreneurs. Nearly 60 of CIT GAP Funds’ 200+ investments were founded by or include female executives. Bolstered by the Virginia Founders Fund, which increases access to capital for startups founded by women and other traditionally underserved entrepreneurial communities in the Commonwealth, CIT maintains a strong commitment to continue investing in women-led startups.
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Women entrepreneurs make up a significant portion of U.S. small business owners, with the U.S. Census Bureau estimating over 12.3 million companies owned by women. According to a recent report from SmartAsset that set out to identify the top cities for women in tech, examining U.S. cities with 200,000 residents or more, two Virginia cities – Chesapeake and Arlington – were both named among the top five best cities for women in tech. The findings were based on a number of factors, including the city’s tech employment growth over the last three years, number of women in the tech workforce, and its gender pay gap.

Press Release Here | http://www.globenewswire.com/news-release/2020/03/26/2007128/0/en/CIT-Recognizes-Women-Led-Virginia-Startups-During-Women-s-History-Month.html

​“MetiStream’s mission to accelerate and simplify how clinical insights are delivered is solving a large market need for improved patient care and outcomes,” said Tom Weithman, Managing Director of CIT GAP Funds. “CIT is confident that the company’s established customer success team, combined with Ember’s strong data integration capabilities to onboard a variety of healthcare datasets from clinical to genomics with limited coding required, will be a recipe for success.”
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Link to press release here: https://www.globenewswire.com/news-release/2020/03/24/2005678/0/en/CIT-GAP-Funds-Invests-in-MetiStream-to-Improve-Patient-Outcomes-by-Addressing-Healthcare-Industry-s-Unstructured-Data-Problems.html

Congratulations to CIT GAP Funds Portfolio Companies MarginEdge and HUNGRY named among the best Startup Employers in the US by Forbes
https://www.forbes.com/americas-best-startup-employers/#7d16b23e6527

​HyperQube is the answer to the question, “What if the enterprise could instantly create a carbon copy of their network to test the impact of a cyber-attack?”

CIT GAP Funds is proud to once again be acknowledged by CBInsights as Virginia's most active VC

CIT GAP Funds is proud to once again be acknowledged by CBInsights as Virginia's most active VC ... a great testimony to the unwavering commitment of the Commonwealth to entrepreneurship and the strength of our entrepreneurial ecosystem. Check out our high-growth company portfolio at www.citgapfunds.com. #investing #CIT