Tom Weithman is managing director of CIT GAP Funds, a family of seed and early-stage venture funds focused on making equity investments in Virginia’s most promising tech, life science and clean tech companies. Weithman manages all day-to-day fund operations, investment strategy, and portfolio management activity for CIT GAP Funds.
Through CIT GAP Funds, Weithman’s team has invested over $21 million in more than 150 start-ups across Virginia, attracting more than a half billion dollars of private funding into portfolio companies, driving multiple companies to downstream venture and angel financings, and realizing several portfolio company exits. CIT GAP Funds has been acknowledged in regional and national media as one of the venture capital industry’s leading early stage investment funds. Last year, CB Insights named CIT GAP Funds as Virginia’s most active venture capital fund for the five-year period of 2011-2016.
Building on the success of CIT GAP Funds, Weithman helped found the MACH37 Cyber Accelerator in 2013. The nation’s first accelerator focused purely on cyber security start-ups, MACH37 offers development services to 12-14 globally-sourced information security companies each year.
Weithman brings to CIT GAP Funds and MACH37 a strong prior executive experience in sales, business development, and operations, and has raised over $100 million in funding for numerous early stage technology companies. In addition to advisory roles with a number of portfolio companies, Weithman is a director of the Mid Atlantic Venture Association (MAVA) and the Northern Virginia Chamber of Commerce and a member of the Fairfax Country Economic Planning Commission.
Weithman holds a bachelor’s degree from the University of Notre Dame, an MBA from Michigan State University and a master’s degree in public administration from Harvard’s John F. Kennedy School of Government.