CIT GAP Funds is a family of seed and early stage venture funds investing in Virginia-based technology, lifescience and cleantech companies, with a high potential for achieving rapid growth and generating significant economic return for entrepreneurs, co-investors and the Commonwealth of Virginia. Serving a vital connecting function, CIT GAP Funds partners with accelerators, seed-funds and angel groups to source and invest in companies. Serving as Virginia’s venture capital “on-ramp,” CIT GAP Funds helps portfolio companies access downstream investment from a broad range of capital providers with in region and across the nation.
We've invested over $28M in 200+ companies who have raised an additional $1B+ from 1000+ investors.
Active funds include:
GAP Tech Fund III
Early stage fund focused on IT and technology companies.
GAP Life Science Fund III
Early stage fund focused on life science companies.
GAP Energy Fund III
Early stage fund focused on energy efficiency and renewable energy companies.
Virginia Founders Fund
The Virginia Founders Fund provides seed stage capital to Virginia's traditionally underserved communities - underserved geographies, women founders, minority founders and Veteran founders.
