Gravity Ventures

Gravity Ventures is a venture capital investment firm established in 2008 and based in Indianapolis, Indiana. The firm focuses on seed-stage angel funding, primarily targeting early-stage technology and tech-enabled startups across various industries. With a specialization in technology and software, Gravity Ventures seeks to support innovative businesses by providing the necessary capital for growth and development.

William K. Boncosky

Managing Partner

Trey Buck

Managing Partner

Phillip J. Miller

Managing Partner

Past deals in Arkansas

Qbox

Seed Round in 2013
Qbox Inc. specializes in managed cloud hosting solutions for Elasticsearch, an open-source full-text search engine. The company offers Elasticsearch as a service, facilitating data exploration and analytics for various users, from startups to Fortune 500 companies. Qbox provides a user-friendly dashboard that allows clients to launch and manage their own Elasticsearch clusters, including options for deployment, scaling, monitoring, and maintenance. The company operates in multiple global locations, including major cities across North America, Europe, and Asia. Additionally, Qbox has expertise in Kubernetes, providing production support, development assistance, consulting, and training for users of the Kubernetes Container Orchestration platform. Founded in 2012 and originally known as Stacksearch, Inc., Qbox is headquartered in Fayetteville, Arkansas.

StackSearch

Pre Seed Round in 2013
Few things are more important for online merchants than fast, feature-rich product search. StackSearch has invented a cloud-based software service for e-commerce stores that enables them to turn more browsers into buyers -- and more buyers into repeat buyers. Over 80% of e-commerce shoppers go straight to the online store's search box or product navigation links. Shoppers of course gravitate to e-commerce sites that help them quickly find what they seek, and every 1/10 second of load time means a 1% decrease in conversions. Our product helps merchants reduce site abandonment; increase conversions; decrease SEO bounce rates; enhance customer retention. Our service: Until now, most existing solutions required expensive licenses or contracts to access features such as fast-indexing search servers, multi-select faceting, and auto-complete/auto-suggest. StackSearch provides these features as a subscription that is priced within reach of the 86% of online merchants that now use sub-optimal search functions that are bundled with their e-commerce platform. Most of these sub-optimal solutions are based on slow technology that is simply not built for today’s environment of cheap compute instances/bandwidth. StackSearch is built specifically for today's e-commerce environment. Our market: The global e-commerce will exceed $1.25T in 2013 and is growing 20% per year. We reside in the e-commerce tools market, which is a $12B market where cloud solutions are steadily grabbing more of this market. Our addressable market is the segment that books $1-50M in annual sales (approx. 25% of online stores). E-commerce merchants are in an arms race with the Amazons of the world, and StackSearch provides the guns. We are early-revenue stage, and we are opportunistically positioned with high growth potential, low capital intensity, and a top-notch management team.

Btiques

Seed Round in 2012
Btiques, Inc. provides an online and mobile marketplace that connects users with products from participating boutiques. Its application lets users find, follow, and shop the boutique stores; allows boutique stores to post and sell items to their social and mobile shoppers and get discovered by new customers; and enables shoppers to see the new products for sale from their favorite boutiques, discover new boutiques, and make purchases. Btiques, Inc. was formerly known as Postport, Inc. The company was incorporated in 2012 and is based in Fayetteville, Arkansas.

Acumen Holdings

Series B in 2012
Arkansas-based Acumen Brands operates a portfolio of ecommerce sites in a diverse array of industries, which include work apparel (toughweld.com), medical scrubs (scrubshopper.com) and country lifestyle apparel (countryoutfitter.com). Our proven business model generates online conversions through an intimate understanding of SEO, SEM, social media marketing and the right balance of price, assortment and availability. Our talented group of young minds continues to generate amazing growth by innovating, iterating and having a healthy dose of data fanaticism. We understand the art and science of insights based product merchandising.

Acumen Holdings

Series A in 2010
Arkansas-based Acumen Brands operates a portfolio of ecommerce sites in a diverse array of industries, which include work apparel (toughweld.com), medical scrubs (scrubshopper.com) and country lifestyle apparel (countryoutfitter.com). Our proven business model generates online conversions through an intimate understanding of SEO, SEM, social media marketing and the right balance of price, assortment and availability. Our talented group of young minds continues to generate amazing growth by innovating, iterating and having a healthy dose of data fanaticism. We understand the art and science of insights based product merchandising.