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    Virginia Venture Partners (formerly CIT GAP Funds) logo

    Virginia Venture Partners (formerly CIT GAP Funds)

    Herndon, United StatesFounded 2005
    vipc.org/funding/virginia-venture-partnersLinkedIn
    Enterprise SoftwareBiotech & Life SciencesClimate & EnergyHealthcareCybersecurityDefense & Space

    Virginia Venture Partners (formerly CIT GAP Funds) is the venture capital program of the Virginia Innovation Partnership Corporation (VIPC), making seed and early-stage equity investments in Virginia-based technology, life science, and cleantech startups. It serves as Virginia's venture capital on-ramp, partnering with accelerators, seed funds, and angel groups to source and invest in high-growth companies.

    50% of their portfolio is in Consumer. Average disclosed round size is $2.3M (across 6 rounds with reported amounts).

    Find people at Virginia Venture Partners (formerly CIT GAP Funds) on Goldilocks AI

    Portfolio

    6

    Fund Size

    —

    Top Stage

    Series A

    Last 12 Mo

    0

    Team

    TW

    Tom Weithman

    Managing Director

    AE

    Alex Euler

    Senior Investment Director

    FV

    Frank V. Taylor

    Investment Director

    JO

    Jennifer O'Daniel

    Senior Director

    AO

    Anthony Obi

    Senior Associate

    DD

    Dustin Dunbar

    Senior Investment Associate

    TM

    Tai Mai

    Healthcare Venture Capital

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    6 investments
    CompanyRoundAmountDate
    Tiga AI logoTiga AISeed$2MJan 2025
    Poppy Flowers logoPoppy FlowersSeries A$2.7MJan 2025
    CarpeDM logoCarpeDMPre-Seed$1MSep 2022
    Poppy logoPoppySeries A$2.7M—
    Wellthi logoWellthiSeed$2.3M—
    Avant Genomics logoAvant GenomicsUnknown$3M—

    Top Co-Investors

    Techstars3 shared
    Michigan Capital Network2 shared
    IDEA Fund Partners2 shared
    CAV Angels2 shared
    Y Combinator1 shared
    Front Porch Venture Partners1 shared
    Zeal Capital Partners1 shared
    Cascade Seed Fund1 shared
    Bull City Venture Partners1 shared
    TitletownTech1 shared
    Gaingels1 shared
    Insignia Ventures Partners1 shared
    Forefront Venture Partners1 shared
    Elevate Ventures1 shared
    Pipeline Angels1 shared
    Front Porch Ventures1 shared

    Last updated: 19 September 2026