TroopSwap.com Raises $100K in Funding
TroopSwap.com, a Hampton Roads, Virginia-based e-commerce platform built exclusively for members of the military community, has raised $100k in funding from The Center for Innovative Technology (CIT) GAP Funds (http://www.citgapfunds.org).
The company intends to use the capital to continue to expand throughout the Commonwealth of Virginia and U.S.
Led by co-founder and CEO Blake Hall, TroopSwap validates the military affiliation of registered users to provide local and national business a verified channel to offer military and veteran discounts in a digital environment. Veterans, service members and their dependents are eligible for TroopSwap membership and the majority of the company’s employees are veterans and military spouses. In addition, 10% of profits are donated to Wounded Warrior-focused charities.