CIT GAP Funds

CIT GAP Funds is a family of seed- and early-stage investment funds placing near-equity and equity investments in Virginia-based technology, life science, and cleantech companies. CIT GAP Funds invests in companies with a high potential for achieving rapid growth and generating significant economic return for entrepreneurs, co-investors and the Commonwealth of Virginia. CIT’s family of funds includes: GAP Fund I – A vintage 2004 fund fully invested in a broad array of seed-stage technology companies. Portfolio. GAP BioLife Fund – A seed fund investing exclusively in life science companies. GAP Tech Fund – A seed fund investing in IT and technology companies. Commonwealth Energy Fund (CEF), a seed fund investing in energy efficiency and renewable energy companies.

Alex Euler

Investment Director

Jennifer O’Daniel

Investment Director

Marco Rubin

Senior Investment Director

Tom Weithman

CIO, VP and MD

247 past transactions

Servhawk

Seed Round in 2011
Servhawk LLC, a Northern Virginia-based provider of server energy analytics solutions. Led by CEO Denis Yaro, Servhawk has build a proprietary solution designed to evaluate how much energy servers consume and how productively they use that energy and to help IT organizations identify ways to lower operating costs. The company also offers tools to examine alternative server deployments, quantifying potential reductions in energy consumption and cost.

RecargaX

Seed Round in 2012
RecargaX

RoundlyX

Private Placement in 2020
COIN SAVAGE, LLC. operates RoundlyX, an online service that allows users to securely connect with exchange account to purchase cryptocurrencies. It allows user to invest in bitcoin and other digital assets. The company was incorporated in 2017 and is based in Richmond, Virginia.

Lynk Global

Venture Round in 2022
Lynk is a mobile connectivity company that allows to partner with mobile network operators to connect existing mobile phone customers to each other, anywhere on the planet. It aims to provide broadband connectivity directly to ordinary mobile phones. Lynk was founded in 2016 and is headquartered in Falls Church, Virginia.

Villagize

Seed Round in 2012
Villagize

LiveSafe

Series B in 2015
LiveSafe, Inc. designs and develops a mobile safety communications platform. The company’s safety communications platform combines a mobile application and a cloud-based command dashboard that allows people to send actionable crowd-sourced intelligence to connect people to the help they need. It serves media and technology, property management, retail, entertainment and sports, and financial services enterprises, as well as malls, hospitals, and government contractors. The company was incorporated in 2012 and is based in Arlington, Virginia with an additional office in Clearwater, Florida. As of October 6, 2020, LiveSafe, Inc. operates as a subsidiary of Vector Solutions, Inc.

Global Cell Solutions

Seed Round in 2007
Global Cell Solutions, Inc. provides three-dimensional cell culturing tools and cell-based assays to researchers engage in the fields of biotechnology, drug discovery, therapeutic, and pharmaceutical researches. Its products and services include BioLevitator, which facilitates nutrient and gas exchange, and monitors the culture process in real-time; GEM, a magnetic micro carrier designed to maintain the in-vivo phenotype of favorite cell line, as well as provides a vehicle for culture transport through the drug discovery process; and cell culturing services, including assessments, implementation, and transition. The company also operates an online store that sells GEM packs, GEM reagents, media, adhesion assay kits, and accessories. Global Cell Solutions, Inc. was founded in 2004 and is headquartered in Charlottesville, Virginia.

Verication

Seed Round in 2004
Verication

SpydrSafe Mobile Security

Seed Round in 2012
SpydrSafe Mobile Security has designed the first-of-its-kind Mobile Application Security platform that controls how mobile apps access, use and share corporate data on smartphones and tablets. It is the only solution that provides enterprise IT uniform and fine-grained policy control over ANY mobile app, whether pre-loaded, downloaded from commercial app stores, or developed in-house. SpydrSafe was founded in 2011 by seasoned enterprise security professionals and engineers from McAfee/Intel with more than 16 years of combined experience in mobile security. SpydrSafe is headquartered outside of Washington, DC.

Senseware

Convertible Note in 2014
Senseware, Inc. develops a facility monitoring and controls platform for the commercial and industrial building market. Its platform wirelessly monitors performance across various mechanical, electrical, environmental, and plumbing systems to help building managers and energy consultants run their facilities more cost-effectively. The company’s platform includes hardware and software that enable a range of applications from energy management, equipment-level asset management, HVAC control solutions, gas and water management, auditing, critical facilities management, facility maintenance and optimization, and workspace optimization. Senseware, Inc. was incorporated in 2013 and is based in Fairfax, Virginia.

e-Kare

Venture Round in 2015
e-Kare Inc. is a spin-off enterprise from the Children's National Health System, a premier pediatric health provider in Washington, DC. Founded by pediatric surgeons and engineers who brought novel technologies outside of the research lab to execute a vision, e-Kare is dedicated to improving lives through innovation.

HUNGRY

Private Placement in 2018
Hungry Marketplace, Inc. operates a mobile food marketplace that connects foodies with local chefs. The company offers HUNGRY, a marketplace that allows user to search and order made-to-order meals prepared by local chefs. It delivers fresh-cooked meals to foodies across District of Columbia, Maryland, and Virginia. The company was founded in 2016 and is based in Arlington, Virginia.

SeniorLiving.Net

Seed Round in 2009
At SeniorLiving.Net, they assist families in finding the care option that best meets their needs. This great service is at no cost to families. With information on more than 50,000 senior living communities nationwide, they have the most powerful database on senior living communities anywhere. They screen and evaluate communities, and continuously update our database with new information. They use proprietary data, public resources and reviews from families just like yours to provide you with unbiased information.

Bear Analytics

Venture Round in 2022
Bear Analytics is leading the event revolution by powering data-driven engagement, collaboration, and innovation.

FarmRaiser, inc

Convertible Note in 2018
FarmRaiser is a marketplace and platform service that connects farmers and artisanal food companies with schools/churches/civic groups that want to raise money by selling healthy products. Suppliers create ‘Etsy-type’ markets where organizers can select products and launch custom e-commerce/crowdfunding fundraising sites. Operating in 47 states, FarmRaiser is addressing the $20B product fundraising market with a full stack software solution and integrated mobile app that automates the product fundraising business cycle and provides a marketplace that sources local products for fundraisers.

Artinnet

Seed Round in 2008
Artinnet

RunSafe Security

Private Placement in 2019
RunSafe Security, Inc. develops cyber-hardening transformation process to disrupt attackers and protect vulnerable embedded systems and devices. Its cybersecurity tools harden files and programs against memory corruption errors and buffer overflow exploits. The company’s solutions include IT virtualization, connected devices, supply chain, and DevSecOps. It serves automotive, data centers, energy, healthcare, manufacturing, military systems, suppliers, and other industries. RunSafe Security, Inc. was founded in 2015 and is based in McLean, Virginia.

FRNGE, LLC

Private Placement in 2019
FRNGE, LLC develops an online marketplace for employer benefits. The company offers a platform, Fringe, which allows employers to allocate points; and provide fringe benefits and perks to employees. The company was founded in 2018 and is headquartered in Richmond, Virginia.

Eye Q Development

Seed Round in 2007
The current Eye Q suite includes: intelligent business cards, retail sales tags, public safety personnel and asset accountability tags.

CirrusWorks

Seed Round in 2013
CirrusWorks is a developer of operational, financial, and customer management software for childcare, community learning, and education industries. It also offers a cloud-based software platform for managing multi-site childcare operations and after-school recreation programs, helping childcare facilities, school districts, and community education centers in keeping a track of children's daily activities. The company was founded in 2011.

FarmRaiser, inc

Series A in 2021
FarmRaiser is a marketplace and platform service that connects farmers and artisanal food companies with schools/churches/civic groups that want to raise money by selling healthy products. Suppliers create ‘Etsy-type’ markets where organizers can select products and launch custom e-commerce/crowdfunding fundraising sites. Operating in 47 states, FarmRaiser is addressing the $20B product fundraising market with a full stack software solution and integrated mobile app that automates the product fundraising business cycle and provides a marketplace that sources local products for fundraisers.

Student Opportunity Center

Seed Round in 2018
Student Opportunity Center, Inc. owns and operates a web-based platform which helps universities connect their students to relevant student events, publications, and scholarship programs. Its products include, S.O.C. Connect, connects for honors and undergraduate research offices, administrations, and students; S.O.C. Enterprise, connects students to experiential learning opportunity in institution’s network; and ScholarBridge, a resource which helps universities connect their students to faculty doing undergraduate research. The company was incorporated in 2013 and is headquartered in Alexandria, Virginia.

PFP Cybersecurity

Series A in 2017
PFP is an agile (cloud-based or on-premise) platform that uses dynamic power behavior analysis to detect dangerous implant-based attacks in hardware, firmware, and configuration. PFP constantly monitors the power behavior of devices/IoT in data centers, critical infrastructure, and more; then, data is sent to the cloud where PFP detects malicious actors; dashboards display continuous monitoring and/or are alerted. Remediation occurs with or without human interaction. PFP then has continuous monitoring 24/7 which authenticates, detects, and remediates.

VanGogh Imaging

Venture Round in 2012
VanGogh Imaging, Inc. develops three dimensional (3D) computer vision technology solutions for portable and mobile applications. The company specializes in embedded software that enhances the end-user’s experience for mobile applications across a host of platforms ranging from smartphones to tablets. It offers Vincent that provides software technology for mobile devices that scans real-world objects and scenes to render 3D models used in augmented reality and other commercial applications. The company’s product is used in medical, manufacturing, security, entertainment and gaming, and industrial applications. VanGogh Imaging, Inc. is based in McLean, Virginia.

Mesh Intelligence

Private Placement in 2020
Mesh Intelligence helps food organizations identify and mitigate critical food safety risks in their supply chains before they happen. With a unique and proprietary database of global supply chain behavior across hundreds of thousands of companies, Mesh uses Artificial Intelligence and advanced analytics to predict supplier and shipment risk globally and offers solutions and approaches to mitigate the risk. Mesh is currently working with leading global food companies delivering insight into what is happening in their supplier networks on a daily basis, helping these organizations monitor, assess, identify, and manage critical threats and vulnerabilities.

DataRPM

Series A in 2014
DataRPM provides a Cognitive Data Science platform on the cloud or on-premises for enterprises to build data products for Predictive Analytics and Recommender Systems. Enterprises across the globe are using DataRPM to digitally transform their businesses in the core areas of Predictive Maintenance, Product Recommendations, Content Recommendations, Churn Predictions, and Conversion Predictions. DataRPM prides itself on delivering the fastest and scalable automated data science platform with a natural language question-answering interface which guarantees a return on investment for their customers and turns everyone in the organization into citizen data scientists.

OxiWear

Pre Seed Round in 2021
OxiWear ear-wearable devices for continuous oxygen monitoring and emergency alerting to detect and prevent silent-hypoxia caused by pulmonary hypertension, high altitude & high cardio activities, and COVID-19. Oxiwear's patented, a novel ear-worn pulse oximeter is intended for use in clinical and consumer settings.

LevelFields

Funding Round in 2021
Every minute of every day, the LevelFields™ AI engine does the heavy lifting for our members. The technology is screening millions of signals related to over 6,000 stocks, sifting through the noise to find those events that affect prices, and using historical data to expose patterns and put those events into context.

Airak

Seed Round in 2005
Real-time Electrical Distribution Load Monitoring and Power Quality Measurement Systems

Tympanogen

Venture Round in 2019
Tympanogen develops novel materials to improve treatment outcomes and decrease healthcare costs for otolaryngologists and their patients. Its flagship product, Perf-Fix, is the first gel patch for nonsurgical eardrum repair.

Trubit

Seed Round in 2022
Regulr is a platform delivering hyper-personalized in-store experiences by leveraging customer data at the door in real-time. We're creating a 'Bring Your Own Data' model for consumers, so they can give retailers access to their preferences and digital data, on-demand, at locations of their choice. Our business service provides brick-and-mortar retail with actionable information in real-time on any Point-Of-Sale system or internet-connected device the moment a Regulr customer enters a store's doors. We deliver this real-time customer insight in the form of an automated push notification, displaying relevant information about an individual customer so any staff member or sales team can warmly greet them by name, with a smile, and tailor the experience to the customer's liking. We are striving to go a step further in privacy by enabling consumers to manage access to their data and opt-in to these types of experiences; creating a dynamic not possible before at a time where consumers are losing trust in the platforms and technologies they use daily. At the same time though, consumers are demanding more personalized experiences than ever before and are placing an even higher value on experiences in the real world which is why Regulr is well suited to deliver true omnichannel experiences for those that want it. Regulr plans to be the authentic and transparent channel for businesses and consumers to engage with each other on-demand.

Router Solutions

Seed Round in 2004
Router Solutions is an electronic manufacturing firm that provides tools and solutions tailored to customer needs.

HyperQube Technologies, Inc.

Private Placement in 2019
HyperQube Technologies, Inc. provides web browser-based digitization and virtualization solutions. It offers HyperQube ZTX, a zero-trust virtual design studio to test any solution before implementing into production environment; and HyperQube BOOST that enables sales engineers to build and deploy demos and POC’s on-demand. The company’s technologies also enable enterprises to build a copy of IT infrastructure. In addition, its solutions include cyber range projects, collaboration, next generation training, accelerating sales, and understanding and preparing for cyber threats and infrastructure changes. HyperQube Technologies, Inc. was formerly known as Network Security Inc. The company was incorporated in 2016 and is based in Arlington, Virginia.

Fitnet

Seed Round in 2013
Fitnet delivers a personal fitness experience to mobile combining biometric sensors, fitness coaching, and online workout buddies. Its unique technological approach converts a mobile webcam into a biometric sensor capable of scoring an individual while they work out with a human trainer. The Fitnet application is used in over 190 countries and its clients have collectively burned over 10 million calories since the launch on January 1, 2014.

Encore Alert

Seed Round in 2014
Encore Alert (www.encorealert.com) is a proactive alerts tool for social marketers. Encore Alert surfaces up just the right social data opportunities at just the right time via elegant push alerts to digital marketers, even giving them extremely actionable recommendations on how to respond most effectively (like a Google Now for marketers). Encore Alert is used every day by mid-market brands like NASA, WeddingWire, Georgetown University, and the Consumer Electronics Association, and is currently raising a seed round that includes DC's NextGen Angels, Max Wessel (VP of SAP), Sean Glass (Founder of HigherOne/Acceleprise), Sonny Ganguly (CMO of WeddingWire), Tyler Peterson (Head of Google Social), and Adam Riggs (President of Shutterstock).

Micronic Technologies

Private Placement in 2019
Micronic Technologies, Inc. develops and commercializes water desalination and purification systems. It develops Tornadic One-Pass, (TOP), an industrial wastewater concentration system and offers solution sets for drinking water, such as public, military deployments, humanitarian/disaster relief, and marine; wastewater treatment and reuse that includes industrial, oil and gas, and agricultural; and commercial process water requirements, such as food and beverage, semi-conductor, and pharmaceutical. The company was founded in 2008 and is based in Bristol, Virginia.

LATISTA

Series A in 2011
An estimated 95% of construction project dollars are spent in the field. Isn’t it time you take control of these costs? From punch list and inspections to commissioning, Latista Field offers you complete construction quality control and field management in a mobile app that is proven to reduce costly rework, delays and paperwork.

PublicRelay

Seed Round in 2011
PublicRelay, Inc. develops software for media monitoring and analytic solutions for communications professionals in Fortune 500 companies, associations, government agencies, and public relations firms. It offers human analysis, predictive momentum, social media, actionable insights, and executive reporting solutions. The company was founded in 2012 and is based in Tysons Corner, Virginia with additional offices in Boston, Massachusetts; Denver, Colorado; San Francisco and San Diego, California; Dublin, Ireland; and Charlotte, North Carolina.

Territory Foods

Seed Round in 2013
Territory Foods is a chef-prepared meal delivery service that creates nutritionist-approved menus tailored to support various dietary preferences and regional market tastes. Its fresh, healthy, ready-to-eat meals are designed by in-house culinary professionals and nutrition experts, prepared by a dedicated team of chefs, and powered by a proprietary algorithm that informs personalized menu variety at scale. Its boredom-proof rotating menus feature a wide variety of freshly-made artisan meals per week that are responsibly sourced, always free of refined sugars, and made without ingredients that contain gluten and dairy. Menus can be customized to meet dietary templates such as Vegan, Vegetarian, Whole30, and Keto, taking the guesswork out of navigating and committing to healthy eating. Territory Foods launched in 2011 and is headquartered in Arlington, VA.

Kamana

Seed Round in 2019
Kamana Inc. owns and operates a platform that offers healthcare staffing agencies and professionals a platform that manages their careers, credentialing, on boarding, and contract submittals. It also connects healthcare providers and staffing agencies with traveling nurses and other medical professionals. The company charges a subscription fee for the staffing agency to use its platform and charges a transactional fee for placements. Additionally, the company offers an online application for healthcare professionals. The company was founded in 2018 and is headquartered in Richmond, Virginia.

Heyo

Seed Round in 2012
Heyo, Inc. builds tools to host sign-up forms on Facebook pages and to organize global campaigns across mobile, Web, and social platforms. Its products include templates, promotions, deals, drag and drop builders, and drag and drop widgets to drive traffic, leads, and sales. Heyo, Inc. was formerly known as Lujure Media, Inc. The company was founded in 2010 and is based in Blacksburg, Virginia. As of January 4, 2016, Heyo, Inc. operates as a subsidiary of Votigo, Inc.

Techulon

Private Placement in 2020
Techulon is a biotech firm located in Blacksburg, Virginia. Their headquarters and laboratories are located in the Virginia Tech Corporate Research Center, and their products derive from patents that we license from Virginia Tech. Their main laboratory is outfitted with equipment for the development, manufacture and commercialization of biopolymers applicable to research, therapeutics, energy and sustainability.

4Front Security

Seed Round in 2005
4Front Security offers a SaaS-based platform that enables distributed risk and compliance management and reporting. 4Front Security was acquired by Symantec in February 2007. 4Front Security was founded in 2002 and is based in Reston, Virginia.

PierceMatrix

Seed Round in 2014
PierceMatrix (formerly PierceGTI) is a security product company that reduces your risk chain exposure. It shares information on known threats, learns about new threats and provides reports, dashboards and targeted recommendations to help you secure your network. Pierce uses artificial intelligence developed for the US military and a unique distributed architecture to optimize your security processes so you spend less time researching security problems and more time fixing security problems! Pierce uses the information gathered from thousands of client networks and industry data sources to detect botnets, attackers, compromised machines, and corporate IP reputation. The Pierce dashboard and reports provide you with up-to-the minute security intelligence on your risk chain.

Bijoti

Seed Round in 2014
BiJoTi offers Security Performance Monitoring. BiJoTi provides next generation security event correlation, vulnerability detection and case management. This makes compliance and security an informed, continuous process. BiJoTi's Security Performance Monitoring automates making healthy and effective cybersecurity decisions.

Altruista Health, Inc.

Seed Round in 2009
Altruista Health, Inc. is a leading provider of highly patient-centric and customizable total population care management technology and solutions used to streamline clinical and administrative processes, improve patient outcomes and reduce avoidable healthcare costs. Clients include commercial and government health payers, health systems and care management organizations. We are committed to providing our clients with the best possible and most cost-effective care management solutions on the market. The solutions we develop save time, money and advance the quality of care delivered to each patient. We provide technology support for care management services using a menu of sophisticated best in class web-enabled tools. In addition, we offer highly personalized, one-on-one phone interactions and health coaching sessions between our experienced care staff and individuals with chronic health conditions and health support needs.

Synoptos

Seed Round in 2012
Ignite Synoptos Solutions, Inc., a media monitoring and intelligence company, provides news and social insights. It serves Fortune 500 companies, federal agencies, congressional committees, and for-and non-for-profit organizations. Ignite Synoptos Solutions, Inc. was formerly known as Synoptos Inc. As a result of the acquisition of Synoptos Inc. by Ignite Technologies, Inc., its name was changed. The company was incorporated in 2013 and is based in Washington, District Of Columbia. As of March 8, 2019, Ignite Synoptos Solutions, Inc. operates as a subsidiary of Ignite Technologies, Inc.

Cont3nt.com

Angel Round in 2012
Cont3nt.com operates as a real-time marketplace for entrepreneurial media and visual journalism. The company’s Web-based tool allows freelancers and citizen journalists to connect with publishers to sell and distribute their content, such as photos and videos in real-time globally. Its platform also enables media distributors to upload multimedia content, determine licensing and pricing, and sell to publishers. The company was founded in 2010 and is based in Dulles, Virginia.

NBETech

Seed Round in 2007
NBE Tech, LLC provides material solutions for thermal management and high-temperature applications. It offers nano metal powder and nano silver paste. The company’s nano material attachment holds thermal, mechanical, and electrical properties. Its materials and processes are used in power density semiconductor electronic or optoelectronic devices. The company was founded in 2005 and is based in Blacksburg, Virginia.

KinergyCare

Private Placement in 2019
KinergyCare, LLC, a technology-enabled health care services company, provides community-based care coaching and coordination services to care providers. The company facilitates care through a combination of health workers, as well as MyKinergy platform that helps guide and manage the process. It delivers chronic care management services for health systems and physician practices. The company is based in McLean, Virginia.

Embody

Debt Financing in 2018
Embody, Inc., a regenerative medicine company, focuses on the development and commercialization of implantable medical devices to address the unmet demands in soft tissue restoration and regeneration. It offers implants specifically for tendon and ligament repair for warfighters, athletes, and loved ones. The company develops a collagen-based microfiber implant for use in Achilles and rotator cuff repairs. The company was founded in 2014 and is based in Norfolk, Virginia.

MetiStream

Venture Round in 2020
MetiStream offers solutions and expertise in implementing highly scalable real-time analytic and streaming solutions using innovative open source technologies. They help customers shorten the Time-to-Value issues seen in legacy and batch environments. Their customers look to us to help them kick start their big data journey; conquer the real-time data integration and ingestion challenges; and, most importantly, gain deeper insight into their business.

Speek

Seed Round in 2012
Speek Inc. provides Web-based conference calling solutions to customers in the United States. The company provides users with a personal Speek link to share by email, calendar invite, instant message, and text message to set up their conference calls. Speek Inc. was founded in 2006 and is based in Dulles, Virginia. As of June 29, 2015, Speek Inc. operates as a subsidiary of Jive Communications, Inc.

Phthisis Diagnostics

Series A in 2011
Phthisis Diagnostics is a molecular diagnostics company that develops products for various infectious diseases. Molecular technology presents significant advantages to laboratories in superior quality, ease-of-use, and significant cost savings. Simply Molecular.

Student Opportunity Center

Seed Round in 2019
Student Opportunity Center, Inc. owns and operates a web-based platform which helps universities connect their students to relevant student events, publications, and scholarship programs. Its products include, S.O.C. Connect, connects for honors and undergraduate research offices, administrations, and students; S.O.C. Enterprise, connects students to experiential learning opportunity in institution’s network; and ScholarBridge, a resource which helps universities connect their students to faculty doing undergraduate research. The company was incorporated in 2013 and is headquartered in Alexandria, Virginia.

TypeZero Technologies

Debt Financing in 2015
TypeZero is leveraging more than 10 years of clinical trials, research, and innovation to develop the inControl Diabetes Management Platform to improve and simplify the lives of people with diabetes.

Fenris

Private Placement in 2018
Fenris Digital develops a cloud-based platform for global property and casualty insurers. The company provides solutions, which includes digital solutions, data foundations, decisioning support, and design thinking solutions. It offers AI-based analytics engine and scoring for streamlined underwriting results. It also offers TouchQuote, a white-labeled mobile-first quoting platform. The company was founded in 2016 and is headquartered in Glen Allen, Virginia.

Neoantigenics

Seed Round in 2014
Neoantigenics, Inc. researches and develops oncology therapeutic and diagnostic products. Its products are used to detect and treat a range of urogenital tract cancers, including ovarian, uterine, bladder, and renal cancers, as well as other solid cancers, such as aggressive stages of pancreatic cancer and head-and-neck cancers. The company was incorporated in 2012 and is based in Charlottesville, Virginia.

VividCortex

Seed Round in 2013
VividCortex, Inc. develops and delivers Software as a Service (SaaS) based MySQL monitoring and analysis tools. The company primarily focuses on tools for systems management. Its products enable customers to measure, analyze, and understand system behavior. VividCortex, Inc. was incorporated in 2012 and is based in Washington, District Of Columbia with additional offices in Arlington, Texas and Charlottesville, Virginia.

Efficient Photon

Seed Round in 2011
Efficient Photon

Curbside Kitchen

Private Placement in 2019
Curbside Kitchen, LLC develops platform that connects owners of commercial office and multi-family residential buildings with food trucks. The company’s platform allows building owners to offer a full breakfast, lunch or dinner service to their tenants. It provides tools for scheduling food trucks, circulating menus with tenants, entering orders, marketing their customized programs directly to the individual users in their buildings, and feedback loops on how trucks are performing at properties. The company was founded in 2016 and is based in Mclean, Virginia.

Metallum3D

Private Placement in 2019
Metallum3D Inc. develops web-based metal 3D printing platform that provides metal three-dimensional (3D) printing materials manufacturing and services. It offers 3D printer filaments through its website.The company was founded in 2016 and is based in Charlottesville, Virginia.

DivvyCloud

Convertible Note in 2014
DivvyCloud Corporation develops a software that allows enterprise customers to automate security, compliance, and governance risks. It protects public cloud and container environments from misconfigurations; policy violations; threats; and identity and access management risks. It serves various sectors, such as media and entertainment; financial services; public sectors; digital industrials; health and life sciences; MSP’s; software and Internet; and retail and consumer goods. The company was founded in 2012 and is based in Arlington, Virginia. As of May 1, 2020, DivvyCloud Corporation operates as a subsidiary of Rapid7 LLC.

Key Cybersecurity

Seed Round in 2013
Key Cybersecurity, Inc. is the developer of CyberMerlin, a deep hash algorithm and vision technology forensics solution that is designed to pro-actively identify illicit files and the associated activity of “bad actors” on commercial, federal and K-12 enterprise networks. The solution searches for unknown and known files not typically addressed by existing safeguards and countermeasures. CyberMerlin automatically monitors, detects and provides alerts as well as compiles forensics reports for investigators and law enforcement entities.

AppTap

Series A in 2008
AppTap (formerly mpowerplayer) is the leading app discovery and advertising network - combining contextual and behavioral targeting to deliver the right app, to the right user, at the right time - and at scale. App developers partner with AppTap to distribute their apps to their target audience at scale. Mobile publishers and carriers use AppTap to monetize their inventory and engage their users.

Panaceutics Inc.

Series A in 2020
Panaceutics Inc. engages in formulation, manufacturing, and distribution of medicines. The company offers technology to transform multiple pills into a single packet of easy-to-swallow fruit puree for macro nutrient needs. It serves to healthcare systems, integrated delivery partners, pharmaceutical companies, and nutritional product manufacturers. The company was founded in 2013 and is based in Research Triangle Park, North Carolina.

Xdynia

Seed Round in 2012
Xdynia is a startup pharmaceutical company based in Charlottesville, Virginia. The firm's compounds are based on the work of Tim Macdonald former Chairman of the Department of Chemistry at the University of Virginia. The company has assembled the world's experts in Cav3.2 and neuropathic pain. Founded in early 2012, Xdynia's seed investors include Virginia's Center for Innovative Technology (CIT).

Ario

Private Placement in 2019
Ario LLC develops augmented reality application solutions for the Web and mobile. Its solutions allow companies to save money, increase revenue, improve worker skills, and measure performance by allowing employees to train and perform workplace duties illustrated on a mobile device. The company serves Fortune 500 companies and the U.S. military. Ario LLC was founded in 2016 and is based in Norfolk, Virginia.

WorkProducts

Venture Round in 2008
WorkProducts bridges the gap between information management and electronic data discovery, resulting in a more automated eDiscovery process, with much lower costs and risk. WorkProducts works to bridge the gap between information management and electronic data discovery, resulting in a more automated eDiscovery process, using a process called evidence lifecycle management (ELM). WorkProducts' ELM solution, MatterSpace. MatterSpace is an advanced, easy-to-install-and-use appliance designed for companies facing numerous new law suits each year. These matters typically involve many data custodians to track and audit, along with growing amounts of electronically stored information (ESI) located in a wide variety of structured and unstructured data sources.

Introhive

Series B in 2013
Introhive offers a SaaS platform that helps organizations increase revenues and improve customer experience management. Its platform brings relationship intelligence into CRM with data automation and sales acceleration. The company also provides an enterprise relationship management (ERM) solution that helps get relationship insights and boost productivity. It was founded in 2012 by Jody Glidden and Stewart Walchli and is based in Fredericton, New Brunswick.

ID.me

Venture Round in 2012
The mission of ID.me is to make the world a more trusted place by enabling transparent interactions between people and organizations. ID.me is a digital identity network that empowers consumers to prove their identity via a digital medium in contexts where it would benefit the consumer to be known. For relying parties, ID.me provides a single API endpoint through which partners can verify the identity of users attempting to access a website or to unlock an exclusive benefit. The United States Department of Commerce selected ID.me as one of the top five identity companies in America in 2013 and awarded the company a $2.8M grant to participate in the President's National Strategy for Trusted Identities in Cyberspace (NSTIC). ID.me was a Finalist for Wall Street Journal Startup of the Year in 2013. Entrepreneur Magazine selected ID.me as one of 100 Brilliant Companies for 2014 in their June 2014 edition. Key customers include SeaWorld, Overstock.com, Under Armour, Dell, Sears Holding Corporation, and 129 additional retailers and brands.

HyperQube

Seed Round in 2020
HyperQube is a “cyber range as a service” offering that enables enterprises to quickly and easily build an exact copy of any IT infrastructure. Their virtualized test environments can be built in minutes and just as easily modified, re-used and shared. With the ability to look to the future and explore infrastructures in a risk-free environment, engineers will save hours on labor, security officers will feel assured and executives will conserve thousands of dollars.

Student Opportunity Center

Private Placement in 2018
Student Opportunity Center, Inc. owns and operates a web-based platform which helps universities connect their students to relevant student events, publications, and scholarship programs. Its products include, S.O.C. Connect, connects for honors and undergraduate research offices, administrations, and students; S.O.C. Enterprise, connects students to experiential learning opportunity in institution’s network; and ScholarBridge, a resource which helps universities connect their students to faculty doing undergraduate research. The company was incorporated in 2013 and is headquartered in Alexandria, Virginia.

ADR Software

Seed Round in 2013
ADR Software, LLC provides automated workforce monitoring and daily reporting to construction companies; and commercial, government, and non-profit economic development customers. It offers Workforce Monitor service, a SaaS solution to enable real-time workforce decision making, create accurate and timely project workforce documentation, meet contractual security obligations, improve safety awareness and response readiness, and reduce exposure to financial risk for general contractors, owners, project managers, and sub-contractors. The company was founded in 2009 and is based in Reston, Virginia with an additional office in San Antonio, Texas.

EVS Glaucoma Therapeutics

Seed Round in 2013
The company intends to use the funds to pursue further development of its delivery system.

GoCanvas

Series B in 2011
GoCanvas is a mobile platform that makes it simple for any business to automate how work is done, replacing outdated processes and expensive paperwork. The GoCanvas App works on all smartphones and tablets, helping companies easily collect information across their organization, share it instantly with others, and gain real-time insights on their business operations. It was founded in 2008 and headquartered in Reston, Virginia.

Innovative Biologics

Seed Round in 2007
Innovative Biologics (IBI) is an anti-infective small molecule drug discovery and development company targeting microbes producing pore-forming toxins, such as MRSA and Hepatitis C. Many pathogens utilize the formation of pores in the membranes of target cells in the process of infection. IBI has developed the CycloPlex™ platform to identify compounds which inhibit their action, based on blocking the target pore with molecules having the same symmetry as the pore itself, using ß-cyclodextrin as a scaffold.

Distil, Inc.

Debt Financing in 2012
Distil Networks specializes in bot detection and mitigation focused on stopping automated attacks to make the web more secure. With Distil, users can automatically block 99.9% of malicious traffic without impacting legitimate users. Distil web security defends websites against web scraping, competitive data mining, account takeovers, transaction fraud, unauthorized vulnerability scans, spam, man-in-the-middle attacks, digital ad fraud, and denial of service. Distil API Security protects public and partner-facing APIs against developer errors, integration bugs, automated scraping, and web and mobile hijacking. Distil Analyst Managed Service brings human intelligence to the science of bot mitigation.

AquaSys LLC

Private Placement in 2020
AquaSys LLC, doing business as Agrology.ag, provides guidance and consulting services for affordable irrigation, fertilizer, and spray using machine learning and Internet of Thing sensors. It serves permanent and specialty crop growers. The company was incorporated in 2018 and is based in Alexandria, Virginia.

RunSafe Security

Series A in 2019
RunSafe Security, Inc. develops cyber-hardening transformation process to disrupt attackers and protect vulnerable embedded systems and devices. Its cybersecurity tools harden files and programs against memory corruption errors and buffer overflow exploits. The company’s solutions include IT virtualization, connected devices, supply chain, and DevSecOps. It serves automotive, data centers, energy, healthcare, manufacturing, military systems, suppliers, and other industries. RunSafe Security, Inc. was founded in 2015 and is based in McLean, Virginia.

uKnow.com

Seed Round in 2010
uKnow.com, Inc provides parental intelligence systems. The company operates uknowkids.com that provides an inside look to parents on their social network activities, text messages, iMessages, phone calls, digital contacts, installed mobile apps, and photos they share with their friends and strangers to keep their kids safe on their iPhones, iPads, iPods, and Android mobile phones. It also operates uknowid.com, a mobile application that helps parents to manage identity, protect privacy, and safeguard reputation; and uknowconnect.com, a platform that powers digital family protection applications and services for enterprises, including social identity protection, family locator, and parental intelligence products. The company was founded in 2009 and is based in Arlington, Virginia.

SL8Z

Seed Round in 2013
SL8Z is a recruiting marketplace where recruiters compete to present the most qualified candidates to employers via a curated crowdsourced platform. The company provides an online recruiting service where employers seamlessly engage a global community of handpicked, independent recruiters to source, present and place qualified candidates for professional and executive level positions. SL8Z provides qualified, experienced recruiters a new way to place more of the candidates they already recruit.

CargoSense

Seed Round in 2014
CargoSense provides data driven logistics to the healthcare industry utilizing a disruptive business model. The company provides a solution that serves as the "black box" for logistics shipments for highly sensitive goods such as pharmaceuticals, food and machinery. The company combines a data and analytics SaaS (Software as a Service), iOS-based Apps and the latest Bluetooth sensors delivered as a managed service to its customers. The company uses data and analytics to give insight into everything customer's shipments experience. This goes beyond temperature monitoring and excursions to total visibility of how transportation providers are treating goods. Customers gain compliance with government regulation, lower shipping costs and a reduction in product loss.
Epova Develops and manufactures electronic and electrical products for the Electrical Transformer, Motor, and Electrical Apparatus Manufacturing industries. The Company produces an "Epoxy Glass Grid" (joint patent pending in US and Europe with ABB Group / Bland, VA. ), which is used in cast coil transformers.

uKnow.com

Seed Round in 2011
uKnow.com, Inc provides parental intelligence systems. The company operates uknowkids.com that provides an inside look to parents on their social network activities, text messages, iMessages, phone calls, digital contacts, installed mobile apps, and photos they share with their friends and strangers to keep their kids safe on their iPhones, iPads, iPods, and Android mobile phones. It also operates uknowid.com, a mobile application that helps parents to manage identity, protect privacy, and safeguard reputation; and uknowconnect.com, a platform that powers digital family protection applications and services for enterprises, including social identity protection, family locator, and parental intelligence products. The company was founded in 2009 and is based in Arlington, Virginia.

Jeeva

Private Placement in 2020
Jeeva Informatics Solutions is a precision medicine data science company focused on significantly accelerating clinical trial operations by taking trials to patients’ homes. Using AI and digital health technologies, Jeeva fast tracks patient recruitment, improves adherence to trial protocols, and reduces patient burden and dropout rates, solving some of the pressing challenges in bringing innovative medicines to market effectively. Jeeva plans to use the GAP Funds investment to advance customer pilot projects and use cases for further validation.

Mobile System 7

Seed Round in 2012
Mobile System 7 is an enterprise security company led by former Intelligence Community professionals. Mobile System 7's product, Interlock, protects enterprise data from unauthorized access and malicious attacks. Most enterprise security solutions rely on securing the endpoint. In contrast, Interlock monitors and protects what's truly important to the enterprise - access to data and services. Interlock combines the power of analytics and real time access controls to protect enterprise data.

Ovastasis

Seed Round in 2015
Ovastasis

PhosImmune

Venture Round in 2014
PhosImmune is a clinical-stage biotechnology company developing therapeutic cancer vaccines. PhosImmune controls a library of unique, aberrantly phosphorylated tumor antigens (PTAs) that are directly implicated in metastasis, meeting a pressing need for high quality tumor antigens for use in new and more effective cancer vaccines.

MiserWare

Seed Round in 2008
MiserWare is a green IT software company addressing the growing need for intelligent software power management (ISPMâ„¢) in servers, PCs, and laptops. MiserWare is able to significantly reduce energy consumption while controlling the impact on performance and productivity within a computer system. MiserWare uses intelligent software techniques to dynamically track and predict system usage and report energy saved.

Buddy

Seed Round in 2019
Buddy Technology, Inc. provides insurance brokerage services. It offers health and accidental insurance plans to customers who are involved in risky outdoor activities. The company also operates an online platform to provide the insurance plans and interact with customers. Buddy Technology, Inc. was founded in 2017 and is based in Richmond, Virginia.

Biorez

Seed Round in 2008
Biorez, Inc. is a early-stage regenerative medicine company engaged in developing bioresorbable scaffold implants to regenerate functional tissue in vivo. Its lead product candidate is an off-the-shelf implant for ACL reconstruction that spares harvesting of patient donor-tissue, and provides a better alternative to cadaver-based materials. The company plans to commercialize its lead ACL technology, as well as expand its platform to develop new and innovative clinical solutions.

CavitroniX

Seed Round in 2011
Since 2006, their company, previously known as Cotefco Energy Group, Inc., has been actively involved in the engineering, design, development, manufacturing and sale of water-in-fuel emulsification units which drastically improve performance of boilers, furnaces and engines which burn oil. High energy costs have been a major global problem for more than forty years. Although these costs have been subject to volatility, the fundamental issue has not gone away and the impact of energy costs will continue to be extremely significant in the foreseeable future. Particularly hard hit as the crisis has continued are industrial, residential, and institutional sectors of the economy. Many such high energy users depend on fuel-oil fired boilers, furnaces, and engines for their heating and processing needs. While much attention, funding and development work has been focused on expanded solar, wind and nuclear power possibilities, few practical alternatives are available in the foreseeable future for the reduction of fuel oil based energy costs. At the same time as the pressing need to reduce the cost of fuel-oil requirements, another critical challenge is both the regulatory and voluntary demands to improve the environmental impact of existing and new fuel-oil heating and processing equipment. Beginning 2010, CavitroniX™ expects to commercialize its proprietary E2C® fuel emulsion technology to a large oil-consuming market in both the United States and in foreign markets. This technology has proven its value in the lab and field applications. The best news is that it is available now.

ARTGlass-US

Angel Round in 2018
ARTGlass-US is an information technology company that specializes in the fields of cultural heritage informatics, augmented reality, technology, and smartglasses. The company aims to develop wearable AR that is geared to its particular needs. ARTGlass-US was founded in 2017 and headquartered in Virginia, United States.

WealthForge

Series A in 2013
WealthForge offers technology solutions developed by regulatory experts to streamline investments into alternative securities. Its Altigo platform enables marketplace connections and facilitates alternative investment transactions between advisors and sponsors. The company envisions a frictionless path to ownership for alternative investments.

Rollstream

Seed Round in 2005
RollStream is a provider enterprise community management software. Specifically, RollStream delivers an online solution for accelerating communications and collaboration across the global supply chain. Companies like McKesson Medical-Surgical, Owens & Minor and Tesco use RollStream to significantly reduce the cost and time required to onboard partners, communicate operational changes, and rollout sales and marketing initiatives.