ThinkNear offers an automated system that monitors when local businesses have unused capacity and brings nearby customers by displaying discounts on their mobile phones. The service uses technology and algorithms to automatically determine slow times for merchants. Discounts are surfaced on mobile apps and websites customers already use. The service is currently open in New York City for restaurants, spas and hair salons. The company is led by CEO Eli Portnoy. ThinkNear recently closed a $1.6M seed financing.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2011