News

CIT GAP Funds Makes Follow-On Investment in 4stay to Support Rapid Growth

Arlington, Va.-based startup earns additional funding for continued global expansion of online student housing marketplace.​

CIT’s Virginia Founders Fund Invests in Fringe to Change the Way Employers Offer Benefits

With more employees prioritizing benefits over pay raises, the Fringe platform takes the hassle out of offering diverse and flexible perk programs

CIT GAP Funds Invests in Fenris to Improve Insurance Quote Process for both Applicants and Insurers

Software and analytics startup streamlines the digital insurance quoting process, while preserving underwriting integrity and accuracy.

Portfolio

CIT’s GAP Venture Fund began deploying capital in mid-2005. The Fund invests in high-potential early stage technology companies accelerating their path to significant growth through active partnership and company development.




Engineered Products of Virginia, LLC

Saltville, Virginia
CEO: Curtis Frye
Company Status: Private
Investment Status: Current
Fund: GAP Fund I
Developer and manufacturer of innovative electronic and electrical products for the electrical transformer, motor and electrical apparatus manufacturing industries.



GAP Funds portfolio companies are early stage companies with corresponding investment risk profiles; CIT assumes no liability for any investment by any person in any GAP Funds Portfolio company.