Troopswap.com, an innovative deal network for military service people and vets, has announced a 925 thousand dollar round of funding from angel investors. The funding will be used to further expand Troopswap’s innitiatives from Hampton Roads, Virginia, to Washington DC and San Diego, California. Note: See the Wounded Warrior Project videos on this page.
Founded by former Army Rangers Blake Hall and Matthew Thompson, Troopswap is a profit/non-profit venture aimed at the military community. After serving in Iraq and Afghanistan, the founders teamed up at Harvard with the idea to help service people and families with targeted deals, and to donate a portion of revenue to those wounded in service of America. Blake Hall, CEO of the fledgling company, has this to say about the news:
“Military discounts are commonly offered throughout the country but, until now, those discounts have not caught up with the current revolution in local commerce. This round of funding allows us to open new markets where TroopSwap will feature more military-friendly businesses while furthering our company’s mission: to reward a life of service.”
Thanks to Trace Adkins from a good ole South Carolina boy.
Troopswap hires those betrothed or married to those in the military, in their locality. The organization also donates 10% of its profits to the Wounded Warriors Project, and also garners deals with local businesses to expand and help their social mission of helping those in military families and wounded veterans. As a for instance; Skydive Suffolk shut down public operations to work with Troopswap in the Wounded Warriors Fundraiser on August 14th. In that fundraiser, 30 Wounded Warriors from the project that served in all wars dating back to the Korean War will have the opportunity to skydive thanks to the corporate and individual sponsors.
The angel investors include; Andy Dunn, Founder and CEO of Bonobos.com, Frank Monestere, ex Green Beret and Current President of LegalZoom.com, Paig Craig, ex Marine and Founder of Betterworks.com and last but not least Kelly Perdew, former Army Ranger and winner of season 2 of NBC’s the Apprentice, and CEO of FastPointGames.com. Perdew is a part of Troopswap’s board as well. Previous investor was David Tisch the Managing Director of TechStars NYC.
Troopswap.com is currently the first e-commerce platform only for military families. Their mission is to help those in a life of service. They hire only veterans, service members, and immediate families of those. They make deals with local businessmen to get good deals for those in the military community. To know more about Troopswap or the Wounded Warriors Project email them at firstname.lastname@example.org or go to their Facebook pages here.
We leave you with a video by the Wounded Warrior Project featuring Carrie Underwood singing the background. Watch this video, and take pause, please.