United States · Investor

CIT GAP Funds

No cheque observed since Apr 2019, after 142 earlier cheques, and the website is dead.

DormantVC firm

SeedVentureSeries AVenture Capital & Private Equity

Cheques on record
0%of best year0cheques in 12 months, 142 on record
Since the last cheque2743days00hrs00min00sec
Median round$7.0MRounds led0 of 142Sole investor85 roundsExits7 from the portfolioMostly inUnited States, 100%
Pitch CIT GAP Funds

CIT GAP Funds highlights

  1. 01

    142 rounds on record

  2. 02

    Mostly Seed and Venture: 75% of its rounds

  3. 03

    Sole investor in 85 rounds, median $100K

  4. 04

    7 exits from the portfolio

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Sectors
Venture Capital & Private Equity
Based in
Herndon, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first142 appearances

  1. 2019

    1 round

  2. Apr
    ChurnZeroSeries A · US · FinSMEs$7.0MWith 4 others
  3. 2015

    9 rounds

  4. Dec
    LiveSafeSeries B · US$4.0MWith 2 others
  5. Dec
    ThreatQSeries A · US$10MWith 2 others
  6. Jul
    iTi HealthSeed · US$450KWith 1 other
  7. Jun
    PockitShip, Inc.Seed · USUndisclosedSole investor
  8. Jun
    TypeZero TechnologiesDebt · US$415KSole investor
  9. Jun
    OvastasisSeedUndisclosedSole investor
  10. May
    Riff Digital Inc.Seed · USUndisclosedSole investor
  11. May
    e-KareVenture · USUndisclosedSole investor
  12. Apr
    ThreatQSeed · US$2.0MWith 2 others
  13. 2014

    25 rounds

  14. Nov
    OstendioSeed · USUndisclosedSole investor
  15. Nov
    TearSolutionsSeries A · US$500KWith 3 others
  16. Nov
    BiJoTi, Inc.Seed · USUndisclosedWith 2 others
  17. Oct
    Urgent.lySeries A · US$1.2MWith 2 others
  18. Sept
    BiotherapeuticsVenture · USUndisclosedSole investor
  19. Aug
    BloompopDebt · US$120KSole investor
  20. Aug
    Blue Triangle TechnologiesVenture · US$395KWith 1 other
  21. Aug
    nviteSeed · US$1.0MWith 9 others
  22. Aug
    PhosImmuneVenture · USUndisclosedSole investor
  23. Aug
    CargoSenseUSUndisclosedWith 2 others
  24. Aug
    SensewareUS$85KWith 2 others
  25. Jun
    TriblioSeed · US$3.4MWith 2 others
  26. Jun
    SensewareSeed · US$1.0MWith 4 others
  27. Apr
    Urgent.lySeed · US$510KWith 1 other
  28. Apr
    ZoobeanVenture · US$400KWith 2 others
  29. Apr
    FitnetSeries A · US$1.4MWith 3 others
  30. Apr
    Private PracticeUSUndisclosedSole investor
  31. Apr
    NeoantigenicsUSUndisclosedSole investor
  32. Apr
    RioGinUSUndisclosedSole investor
  33. Mar
    Maternity NeighborhoodUSUndisclosedSole investor
  34. Mar
    Encore AlertSeed$390KWith 7 others
  35. Mar
    DataRPMSeries A · US$5.1MWith 1 other
  36. Feb
    Loop88Seed · US$500KWith 1 other
  37. Jan
    PerformYardUSUndisclosedSole investor
  38. Jan
    PierceMatrixUSUndisclosedWith 1 other
  39. 2013

    21 rounds

  40. Dec
    DivvyCloudUSUndisclosedWith 1 other
  41. Dec
    ADR SoftwareUS · finsmes.comUndisclosedSole investor
  42. Nov
    LiveSafeUS · finsmes.comUndisclosedSole investor
  43. Nov
    Power Supply Collective, Inc.Debt · US$515KSole investor
  44. Nov
    DataRPMSeed · US · finsmes.com$800KWith 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 14 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Exits from the portfolio

Companies it backed that were later bought or listed7 in all

ADI EngineeringBought by SilicomUndisclosedOct 2015
SpeekBought by Jive CommunicationsUndisclosedJun 2015
VeenomeBought by Integral Ad ScienceUndisclosedMar 2015
LATISTABought by Textura$35MNov 2013
SeniorLiving.NetBought by RealPage$4.5MJul 2011
RollstreamBought by GXSUndisclosedMar 2011
VericalBought by Arrow ElectronicsUndisclosedJan 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as CIT GAP Funds. A count of rooms they were both in, not a relationship either has claimed.

Dingman Center AngelsVC firm11rounds togetherJ. Hunt HoldingsFamily office6rounds togetherNew Dominion AngelsAngel network6rounds togetherBlu VenturesVC firm5rounds together500 GlobalAngel4rounds togetherMiddleland CapitalVC firm4rounds togetherNextGen AngelsVC firm4rounds togetherCamber CreekVC firm3rounds togetherFortify VenturesVC firm3rounds togetherMiddleland CapitalVC firm3rounds togetherNew Atlantic VenturesVC firm3rounds togetherNew Enterprise AssociatesVC firm3rounds together

Recently backed

The latest companies CIT GAP Funds put money into.

ChurnZero$7.0M · Apr 2019

Quick answers about CIT GAP Funds

What does CIT GAP Funds invest in?

CIT GAP Funds invests most often at Seed and Venture (75% of the rounds on record), in sectors such as Venture Capital & Private Equity.

How active is CIT GAP Funds?

142 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2019.

What has CIT GAP Funds invested in recently?

Its most recent investments on record: ChurnZero (Series A, Apr 2019).

How big are CIT GAP Funds's cheques?

The median round it joins is $7.0M.

Does CIT GAP Funds lead rounds?

Rarely, if at all: none of its 142 investments on record names it as the lead.

Where does CIT GAP Funds invest?

Most of the companies it backs are in the United States (100%).

Is CIT GAP Funds investing now?

It looks quiet: no investment on record since Apr 2019.

Who does CIT GAP Funds invest alongside?

Most often Dingman Center Angels (11 rounds together), J. Hunt Holdings (6 rounds together) and New Dominion Angels (6 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it