Tom Weithman, Managing Director of the Center for Innovative Technology (CIT) Gap Funds. Since 2004, Tom has established and led CIT GAP Funds, a family of seed-stage venture funds focused on making equity investments in the Commonwealth of Virginia’s most promising tech, energy and life science companies. Tom’s team has placed 80 seed-stage equity investments, attracted more than $90M of private equity investment into CIT GAP Funds portfolio companies, driven 15 portfolio companies to Series-A investment or beyond, and propelled several companies to exit. Tom maintains leadership for all day-to-day fund operations, investment strategy, and portfolio management activity for CIT GAP Funds. CIT GAP Funds has been recognized by Entrepreneur Magazine as a Top 100 venture fund for several successive years.
Tom’s previous executive experience includes sales, business development, and operations with both IBM and a Hughes Electronics-backed software and services start-up. He has raised over $90M in funding for numerous early stage technology companies. He speaks frequently on seed stage investing, federal R&D funding, and technology transfer and has been recognized as among the “25 Most Influential People in the Southeast Technology Community” by TechJournal South.
Tom currently serves on the Board of Directors of the Alzheimer’s Association National Capital Chapter and serves as an advisor to American University’s Masters Program in Entrepreneurial Journalism. He 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.