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CIT GAP Funds Virginia Founders Fund Invests in Aravenda to Advance the Future of Resale Technology
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CIT GAP Funds Invests in BloomCatch to Advance the Next Generation of Horticultural Expertise
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Stafford County and the Center for Innovative Technology (CIT) Announce Opening of the First Virginia Smart Community Testbed
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CIT GAP Funds Invests in Floorwire to Give Commercial Owners Control of Architectural Data
Startup empowers commercial real estate stakeholders to organize, secure, analyze, and share commercial floor plans all in one place
Richmond, VA, April 07, 2021 (GLOBE NEWSWIRE) The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has invested in Virginia-based Floorwire, developer of a platform that provides commercial owners with control of their architectural data. By transforming inefficient and time-consuming workflows around storing and organizing data, Floorwire’s cloud-based solution addresses the needs of commercial landlords, architects and brokers. The startup will use this investment to enhance its technology and support its continued growth.
CIT GAP Funds 2020 Impact Report Showcases $32.4 Million in Capital Deployed to Date
Investments have supported the creation of nearly 6,500 jobs throughout the Commonwealth
CIT Growth Acceleration Program (GAP Funds)
Since 2005, CIT GAP Funds has invested in Virginia’s leading technology start-ups generating significant economic return for entrepreneurs, co-investors, and the Commonwealth of Virginia.
CIT GAP Funds is a family of seed and early stage venture funds investing in Virginia-based technology, life science, 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 across Virginia’s entrepreneurial ecosystems to source and invest in companies. Serving as Virginia’s venture capital “on-ramp,” CIT GAP Funds helps portfolio companie