# CIT Group: portfolio, investments and team > CIT Group is a corporate vc based in United States. 10 investments on record, latest Mar 2015. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/cit-group (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # CIT Group Last cheque observed Mar 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet Corporate VC Debt Venture Series B Advertising Internet Asset Management Cheques on record **0%** of best year **0** **cheques in 12 months**, 10 on record Since the last cheque **4247** days **00** hrs **00** min **00** sec Median round **$49M** Rounds led **0 of 10** Sole investor **4 rounds** Exits **3 from the portfolio** Mostly in **United States, 100%** Pitch CIT Group ## CIT Group highlights - 01 10 rounds on record - 02 Mostly Debt and Venture: 80% of its rounds - 03 Sole investor in 4 rounds, median $55M - 04 3 exits from the portfolio ## What they do - **Type:** Corporate VC (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Advertising Internet Asset Management - **Based in:** New York, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **10 appearances** - **2015** 1 round - **Mar** **[Compass Datacenters](https://millionrounds.com/company/compass-datacenters)** Debt · US **$25M** Sole investor - **2014** 1 round - **Jul** **[Virgo Investment Group](https://millionrounds.com/company/virgo-investment-group)** Debt · US **$27M** Sole investor - **2013** 2 rounds - **Oct** **[PST Tankers](https://millionrounds.com/company/pst-tankers)** Debt · businesswire.com **$84M** Sole investor - **Sept** **[AWCC Holdings](https://millionrounds.com/company/awcc-holdings)** Debt · US · hartfordbusiness.com **$100M** Sole investor - **2011** 1 round - **May** **[Datapipe](https://millionrounds.com/company/datapipe)** Debt · US · finsmes.com **$176M** With 6 others - **2009** 1 round - **Jun** **[Telx](https://millionrounds.com/company/telx)** Venture · US · telx.com **$44M** With 1 other - **2007** 1 round - **Nov** **[Zayo](https://millionrounds.com/company/zayo)** Debt · US **$85M** With 2 others - **2001** 2 rounds - **Mar** **[Enable Systems](https://millionrounds.com/company/enable-systems)** Venture · US **$22M** With 1 other - **Mar** **[Pixel Magic Imaging](https://millionrounds.com/company/pixel-magic-imaging)** Series B · US **$11M** With 3 others - **2000** 1 round - **Oct** **[Sylantro](https://millionrounds.com/company/sylantro)** Series C · US · enronexplorer.com **$55M** With 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 listed **3 in all** **[Telx](https://millionrounds.com/company/telx)** Bought by [Digital Realty Trust](https://millionrounds.com/fund/digital-realty) **Undisclosed** Jul 2015 **[Telx](https://millionrounds.com/company/telx)** Bought by [ABRY Partners](https://millionrounds.com/fund/abry-partners) **Undisclosed** Aug 2011 **[Sylantro](https://millionrounds.com/company/sylantro)** Bought by BroadSoft **Undisclosed** Dec 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** **$3.4B** Jul 2014 ## The cheque Debt Venture Series B Median round joined **$49M** the round, not its cheque Alone, median **$55M** Led 0 of 10 rounds **0%** - **Sole investor:** 4 rounds - **Last cheque:** Mar 2015 - **Exits:** 3 from the portfolio Rounds by stage said on their site - Debt *6* - Venture *2* - Series B *1* - Series C *1* Cheques by year Led Joined 2000 2015 **Pitching CIT Group?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Mentioned on podcasts Episodes that name CIT Group in their description, not their title. - [Equity](https://millionrounds.com/podcasts/equity) 4 Aug 2023 · 23 min Chain Reaction: Ripple’s chief legal officer talks SEC lawsuit, XRP ‘win’ and future regulation (w/ Stu Alderoty) Mentions [Ripple](https://millionrounds.com/fund/ripple)[CIT Group](https://millionrounds.com/fund/cit-group)[HSBC](https://millionrounds.com/fund/hsbc) Apple PodcastsShow page ## 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. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=cit-group) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=cit-group)