W Ventures Announces Investment In Revolutionary Ecommerce Funding Platform Gallop Growth
W Ventures Announces Investment In Revolutionary Ecommerce Funding Platform Gallop Growth
BALTIMORE – December 11, 2023 – W Ventures , a one-of-a-kind VC and accelerator company, is excited to announce the addition of Gallop Growth to its growing portfolio. Gallop Growth is a revolutionary eCommerce bank line of credit solution providing creditworthy Shopify & Amazon store owners with an instant line approval up to $200,000 that can be increased to $5,000,000 (or more) for qualified sellers, at a cost that is approximately 50% lower than any other credit solution available today.
The Gallop Growth platform sets a new standard for eCommerce financing – from a under-two-minute application process, to direct integrations with major eCommerce platforms, to providing sellers with unmatched levels of flexibility and control via a true line of credit. Built on the belief that eCommerce merchants know their business best, Gallop Growth enables eCommerce merchants to borrow funds only when they’re needed, avoid the sky-high fees/interest charges and mandatory percent-of-each-sale paybacks used by MCA-type solutions, and have complete control over how funds are used. Like a true line of credit solution, Gallop Growth also offers merchants the ability to borrow, repay, and borrow again – all without completing another application.
Gallop Growth was founded by former Clearco and Gourmet Growth (now Ampla) executives Shane Feldberg and Bryan Adler after they recognized the need for a low-cost, flexible, and scalable financing solution tailored specifically to eCommerce business owners. With years of experience growing eCommerce businesses, the pair observed that traditional banks struggled to grasp the unique financial dynamics of eCommerce companies, leaving the segment underserved in terms of accessible and affordable credit options. This realization was the spark that led to the years-long development process for the technology and analytics needed to safely make bank-quality loans for eCommerce companies.
W Ventures, in partnership with its sister company Warschawski, a full-service marketing communications agency, will implement a holistic integrated marketing and communications strategy designed to help Gallop market to the 1,000,000+ independent stores across Shopify and Amazon in the US.
“eCommerce is a massive and growing segment of US retail – and Gallop Growth is paradigm-shifting platform that will supercharge this growth for millions of sellers on Amazon and Shopify,” said David Warschawski, Managing Partner of W Ventures. “We’re delighted to welcome Gallop Growth to our portfolio of innovative, industry-disrupting brands. Until Gallop Growth, banks didn’t want to lend to eCommerce businesses, so every seller was forced to choose between a set of bad options: borrow on personal credit cards, take out a Merchant Cash Advance with sky-high fees and mandatory, per-sale paybacks, or rely exclusively on cash flow and limit growth opportunities. Gallop Growth’s platform is a game-changer for a rapidly-growing space we expect to represent 20% of addressable retail in the US in short order.”
Shane Feldberg, Co-Founder of Gallop Growth, added, “We are excited to partner with David and his award-winning teams at W Ventures and Warschawski. Their knowledge of the eCommerce landscape, industry-wide relationships and extensive experience scaling eCommerce businesses is off-the-charts. The team has already had a massive impact on Gallop Growth, supporting everything from branding and thought leadership positioning to content development, user experience, audience development and journey mapping. As one of the world’s leading growth marketing agencies, their experience, expertise and know-how will be invaluable to us as we introduce Gallop Growth to the hundreds of thousands of eCommerce operators and leaders who can benefit from our revolutionary platform.”
W Ventures accepts applications from startup founders on a rolling basis. Portfolio companies receive access to its network of angel and VC investors, as well as business and subject matter experts who can assist in refining every aspect of their offerings. The company provides either cash investments and/or marketing communications services in exchange for equity and offers beautiful office space and living quarters for executives. Additionally, W Ventures often works with its extensive network to share investment opportunities with other potential investors and to engage expert feedback on potential investments.
For additional information on W Ventures or to schedule an interview with David Warschawski, please contact Sam McGee at sam.mcgee@warschawski.com. For information on eligibility criteria and how to apply, founders should visit https://wventuresllc.com/.
About W Ventures
W Ventures is a one-of-a-kind venture capital firm that offers an approach unlike any other VC. Like other VCs, we write investment checks in companies that fit our thesis. However, where we are wholly different than our peers is that we are the only company in the U.S. that will do the integrated marketing communications work for early stage companies in exchange for equity, not cash. Additionally, for any companies and founders we invest in, we offer a beautiful incubator workspace that takes up a whole floor in our W Ventures HQ building, as well as living quarters in the W Founders House next door — all free of charge. For information on eligibility criteria and how to apply, founders should visit https://wventuresllc.com/.
About Warschawski
Warschawski is a national, fully integrated agency and a Google Certified Agency Partner that offers the following services under one roof: Advertising, Digital, PR, Branding, Marketing Creative Design, Web Development, Social Media and Crisis Communications. Warschawski delivers the experience and expertise of a large firm coupled with the personalized attention and care of a boutique agency. Warschawski has been named the “U.S. Small Agency of the Year” for 3 years in a row and for 10 consecutive years has been ranked one of the top 30 “Best Agencies to Work For.” The company, whose clients include Fortune 500 and Inc. 500 companies, has won more than 200 awards for its marketing communications work in 15 years. Warschawski was founded in 1996 and has offices in New York, Washington D.C., Baltimore and Dallas.
About Gallop Growth
Gallop Growth is a revolutionary lending platform that provides eCommerce business owners with up to a $200,000 instant bank line of credit, with options up to $5 million, in under 2 minutes. Built on the belief that emerging industry sectors, like eCommerce, need a better way to access transparent and low-cost working capital, Gallop Growth simplifies and streamlines the lending process. Committed to empowering eCommerce merchants, Gallop Growth offers control, flexibility, and affordability to drive eCommerce business growth. To learn more about Gallop Growth visit: https://gallopgrowth.com/