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Investment Firm
Overview
CIT Group is a financial holding company with more than $35 billion in financing and leasing assets. It provides financing, leasing, and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in middle market lending, factoring, retail and equipment finance, as well as aerospace, equipment, and rail leasing. CIT also operates CIT Bank (Member FDIC), its primary bank subsidiary, which, through its online bank BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals.
CIT is headquartered in New York City.
Highlights
1908
Financial Services
1001-5000
67
44
30
Late Stage Venture, Early Stage Venture, Private Equity
Investment Bank
Location
United States, North America
Contact Information
Social
Profile Resume
CIT Group, established in 1908 and headquartered in United States, North America., specializes in Late Stage Venture, Early Stage Venture, Private Equity investments across Software, Telecommunications, SaaS, VoIP, Financial Services, Venture Capital, Angel Investment, Consumer, Enterprise, Finance. The organization boasts a portfolio of 67 investments, with an average round size of $102.6M and 30 successful exits. Their recent investments include Sylantro, Pyramid Technology Ventures, Mayfield Fund, Azure Capital Partners, Scale Venture Partners. The highest investment round they participated in was $176.5B. Among their most notable exits are Sylantro and Pyramid Technology Ventures. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
67
4
44
30
Investments
67
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Jun 06, 2023 | Signature Brands, Inc | Food and Beverage | null |
Jun 26, 2023 | Nordic Hamburg | Shipping | 10.0M |
Jul 11, 2023 | MSEA | Asset Management | 30.0M |
Sep 07, 2023 | National Cinemedia | Advertising | 55.0M |
Exits
30
Funding Timeline
67
0
0
Funding Rounds
67
CIT Group has raised 67 rounds. Their latest funding was raised on Sep 07, 2023 from a Post-IPO Debt - National Cinemedia round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Jun 06, 2023 | Debt Financing - Signature Brands, Inc | - | 0 | - |
Jun 26, 2023 | Debt Financing - Nordic Hamburg | - | 10.0M | - |
Jul 11, 2023 | Debt Financing - MSEA | - | 30.0M | - |
Sep 07, 2023 | Post-IPO Debt - National Cinemedia | - | 55.0M | - |
Investors
2
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
- | No | Post-IPO Debt - CIT Group | 25.0M |
- | No | Post-IPO Debt - CIT Group | 27.2M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
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