|Venture Round, 3/2011 |
|Partial Close, 10/2012 ||$501k|
|Debt, 10/2013 ||$1.1M|
Intelligent Clearing Network, Inc. operates as a software-as-a-service company that electronically validates and clears paper and digital coupons, and other incentives in real-time at the point-of-sale (POS) in grocery, drug, and mass merchant retailers. Its single connection to a retailer POS enables to solve the problem of mis/malredemption and fraud for the coupon industry. The companyâ€™s clearing network provides manufacturers, media companies, and retailers with real-time redemption information at the moment the incentive clears the retailer’s POS system. Intelligent Clearing Network, Inc. is based in New Canaan, Connecticut.