Investments
278Portfolio Exits
37Funds
11Partners & Customers
2About Virginia Venture Partners
Virginia Venture Partners, formerly CIT GAP Funds, is a family of seed- and early-stage investment funds placing equity investments 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.
Virginia Venture Partners Headquarter Location
313 East Broad Street
Richmond, Virginia, 23219,
United States
703-689-3000
Research containing Virginia Venture Partners
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Virginia Venture Partners in 1 CB Insights research brief, most recently on Nov 10, 2021.
Latest Virginia Venture Partners News
Jun 24, 2022
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Virginia Venture Partners Investments
278 Investments
Virginia Venture Partners has made 278 investments. Their latest investment was in Elumin as part of their Seed VC on June 6, 2022.
Virginia Venture Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
6/24/2022 | Seed VC | Elumin | Yes | 1 | ||
4/20/2022 | Seed VC | Humanitru | $0.2M | Yes | 2 | |
3/17/2022 | Bridge | Scout | $1.5M | No | 6 | |
2/2/2022 | Seed VC - III | |||||
1/25/2022 | Unattributed VC |
Date | 6/24/2022 | 4/20/2022 | 3/17/2022 | 2/2/2022 | 1/25/2022 |
|---|---|---|---|---|---|
Round | Seed VC | Seed VC | Bridge | Seed VC - III | Unattributed VC |
Company | Elumin | Humanitru | Scout | ||
Amount | $0.2M | $1.5M | |||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 1 | 2 | 6 |
Virginia Venture Partners Portfolio Exits
37 Portfolio Exits
Virginia Venture Partners has 37 portfolio exits. Their latest portfolio exit was Kamana on March 04, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
3/4/2021 | Acquired | 3 | |||
12/29/2020 | Acquired | 5 | |||
12/8/2020 | Acquired | 1 | |||
Date | 3/4/2021 | 12/29/2020 | 12/8/2020 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 3 | 5 | 1 |
Virginia Venture Partners Fund History
11 Fund Histories
Virginia Venture Partners has 11 funds, including Commonwealth Energy Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
Commonwealth Energy Fund | |||||
Virginia Partners Fund | |||||
Virginia Founders Fund II | |||||
GAP Life Science Funds I-IV | |||||
GAP Tech Funds I-III |
Closing Date | |||||
|---|---|---|---|---|---|
Fund | Commonwealth Energy Fund | Virginia Partners Fund | Virginia Founders Fund II | GAP Life Science Funds I-IV | GAP Tech Funds I-III |
Fund Type | |||||
Status | |||||
Amount | |||||
Sources |
Virginia Venture Partners Partners & Customers
2 Partners and customers
Virginia Venture Partners has 2 strategic partners and customers. Virginia Venture Partners recently partnered with Commonwealth of Virginia on December 12, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
12/14/2021 | Partner | United States | 1 | ||
2/13/2019 | Partner |
Date | 12/14/2021 | 2/13/2019 |
|---|---|---|
Type | Partner | Partner |
Business Partner | ||
Country | United States | |
News Snippet | ||
Sources | 1 |
Virginia Venture Partners Team
10 Team Members
Virginia Venture Partners has 10 team members, including current Chief Executive Officer, President, Bob Stole.
Name | Work History | Title | Status |
|---|---|---|---|
Peter Jobse | Founder | Current | |
Bob Stole | Chief Executive Officer, President | Current | |
Susan Aitcheson | Chief Financial Officer | Current | |
David Ihrie | Chief Technology Officer | Current | |
Tom Weithman | Managing Director | Current |
Name | Peter Jobse | Bob Stole | Susan Aitcheson | David Ihrie | Tom Weithman |
|---|---|---|---|---|---|
Work History | |||||
Title | Founder | Chief Executive Officer, President | Chief Financial Officer | Chief Technology Officer | Managing Director |
Status | Current | Current | Current | Current | Current |
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