Montreal’s Real Ventures announced this morning that it has invested in ThinkNear as part of the $1.6M round led by IA Ventures. Other investors into this round included Google Ventures, Qualcomm Ventures, Metamorphic Ventures, and FF Venture Capital.
ThinkNear drives customers to your business during down times by automatically creating coupons that nearby consumers can view on their mobile phones. Think of it as an instant happy hour machine. Whenever things are slow for you, we automatically create discounts and get people in the door. The service is currently open in New York City for restaurants, spas and hair salons.
Real Ventures met the ThinkNear team at TechStars Demo day in NYC earlier this year.