CIT Group

CIT Group

Signal active

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

Founded

1908

Industry

Financial Services

Employees

1001-5000

Investment

67

Lead Investment

44

Exits

30

Stages

Late Stage Venture, Early Stage Venture, Private Equity

Investor Type

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.

Employees

imagePlace Jeff Lytle

Jeff Lytle

President, Rail

Investment portfolio

CIT Group has made 67 investments. Their most recent investment was on Sep 07, 2023, when National Cinemedia raised $55.0M.

CIT Group has made 4 diversity investments. Their most recent diversity investment was on Apr 28, 2022, when Hello Bello raised $65.0M.

investments

67

Diversity investments

4

Lead investments

44

Number of exits

30

Investments

67

Annouced DateOrganization NameIndustryMoney Raised
Jun 06, 2023
Signature Brands, Inc Signature Brands, Inc
Food and Beveragenull
Jun 26, 2023
Nordic Hamburg Nordic Hamburg
Shipping10.0M
Jul 11, 2023
MSEA MSEA
Asset Management30.0M
Sep 07, 2023
National Cinemedia National Cinemedia
Advertising55.0M

Exits

30

Funding Timeline

Funding rounds

67

Investors

0

Funds

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 DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jun 06, 2023
Debt Financing - Signature Brands, Inc Debt Financing - Signature Brands, Inc
-0-
Jun 26, 2023
Debt Financing - Nordic Hamburg Debt Financing - Nordic Hamburg
-10.0M-
Jul 11, 2023
Debt Financing - MSEA Debt Financing - MSEA
-30.0M-
Sep 07, 2023
Post-IPO Debt - National Cinemedia Post-IPO Debt - National Cinemedia
-55.0M-

Investors

2

Investor NameLead InvestorFunding RoundMoney 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 DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

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