Editor’s Note: Sponsored by Monday Properties and written by ARLnow.com, Startup Monday is a weekly column that profiles Arlington-based startups, founders and funders. The Ground Floor is Monday’s office space for young companies in Rosslyn. The Metro-accessible space features a 5,000-square-foot common area that includes a kitchen, lounge area, collaborative meeting spaces, and a stage for formal presentations.
CIT Gap Funds is the program that invests in Virginia-based, early-stage technology, life science and “cleantech” companies. According to Gap Funds Managing Director and founder Tom Weithman, the Gap Funds program is a 501(c)3 nonprofit that receives between $3 million and $4 million annually from the state to invest. With a portfolio of 113 companies, it’s widely believed to be the most active angel investor in the D.C. area.