News

CIT GAP Funds Invests in KinergyCare to Support Scalable Care Coaching and Coordination

Technology-enabled health care services company offers cost-effective and scalable services to reduce care provider costs and improve patient outcomes.

CIT GAP Funds Invests in Kinometrix to Help Prevent Falls in Hospitals

Healthcare analytics company uses machine learning and wearable balance sensors to solve in-patient falls in U.S. hospitals.​

CIT GAP Funds Invests in Buddy to Provide Accident Insurance for Outdoor Lifestyles

Richmond startup launched first on-demand accident insurance to help people fearlessly enjoy an active and outdoor lifestyle.​

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. 
  • 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. 
  • Virginia Founders Fund, a seed fund designed to increase investment opportunities for Virginia-based entrepreneurs traditionally underrepresented in venture capital.