United States · Investor

CIT Group

Last cheque observed Mar 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietCorporate VC

DebtVentureSeries BAdvertisingInternetAsset Management

Cheques on record
0%of best year0cheques in 12 months, 10 on record
Since the last cheque4247days00hrs00min00sec
Median round$49MRounds led0 of 10Sole investor4 roundsExits3 from the portfolioMostly inUnited States, 100%
Pitch CIT Group

CIT Group highlights

  1. 01

    10 rounds on record

  2. 02

    Mostly Debt and Venture: 80% of its rounds

  3. 03

    Sole investor in 4 rounds, median $55M

  4. 04

    3 exits from the portfolio

What they do

Type
Corporate VC (from a list, unverified)
Cheque size
Not stated
Sectors
AdvertisingInternetAsset Management
Based in
New York, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first10 appearances

  1. 2015

    1 round

  2. Mar
    Compass DatacentersDebt · US$25MSole investor
  3. 2014

    1 round

  4. Jul
    Virgo Investment GroupDebt · US$27MSole investor
  5. 2013

    2 rounds

  6. Oct
    PST TankersDebt · businesswire.com$84MSole investor
  7. Sept
    AWCC HoldingsDebt · US · hartfordbusiness.com$100MSole investor
  8. 2011

    1 round

  9. May
    DatapipeDebt · US · finsmes.com$176MWith 6 others
  10. 2009

    1 round

  11. Jun
    TelxVenture · US · telx.com$44MWith 1 other
  12. 2007

    1 round

  13. Nov
    ZayoDebt · US$85MWith 2 others
  14. 2001

    2 rounds

  15. Mar
    Enable SystemsVenture · US$22MWith 1 other
  16. Mar
    Pixel Magic ImagingSeries B · US$11MWith 3 others
  17. 2000

    1 round

  18. Oct
    SylantroSeries C · US · enronexplorer.com$55MWith 10 others

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 5 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 listed3 in all

TelxBought by Digital Realty TrustUndisclosedJul 2015
TelxBought by ABRY PartnersUndisclosedAug 2011
SylantroBought by BroadSoftUndisclosedDec 2008

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

Companies it bought

Acquisitions by the firm itself

OneWest Bank N.A$3.4BJul 2014

Mentioned on podcasts

Episodes that name CIT Group in their description, not their title.

Quick answers about CIT Group

What does CIT Group invest in?

CIT Group invests most often at Debt and Venture (80% of the rounds on record), in sectors such as Advertising, Internet and Asset Management.

How active is CIT Group?

10 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2015.

How big are CIT Group's cheques?

The median round it joins is $49M.

Does CIT Group lead rounds?

Rarely, if at all: none of its 10 investments on record names it as the lead.

Where does CIT Group invest?

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

Is CIT Group investing now?

No investments in the last 12 months; the latest was in Mar 2015.

What kind of investor is CIT Group?

CIT Group is a corporate VC based in New York, United States.

When was CIT Group founded?

CIT Group was founded in 1908.

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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