ThinkNear
Latest round
- Seed
Last raised
- Aug 2011
Total raised
- $1.6M
Investors
- 9
About ThinkNear
ThinkNear, Inc.Founded in 2011 in Los Angeles, US, ThinkNear, Inc. provides location-based marketing solutions that enhance advertising effectiveness. In October 2012, TeleNav, Inc. acquired ThinkNear as part of a strategic trade sale.60 mn.ThinkNear, as part of InMarket, specializes in location-based marketing solutions through its flagship GeoLink platform, which offers an omnichannel approach to advertising. The platform provides advanced tools for businesses to create and manage localized campaigns utilizing proximity, contextual, and behavioral data. This includes insights from various data points such as location types, time of day, and consumer movement patterns, which enable companies to effectively target audiences and enhance foot traffic to physical store locations. GeoLink is designed to serve a diverse client base, including national brands looking to execute local campaigns as well as regional businesses aiming for broader market reach.InMarket generates revenue through its GeoLink platform by offering a subscription-based model for clients seeking to leverage its sophisticated marketing capabilities. The transaction structure typically involves businesses utilizing the platform to run targeted advertising campaigns, with costs associated with the volume of media purchased and the complexity of the campaigns. Clients pay for access to the platform and its analytical tools, which assist in measuring the impact of marketing initiatives on foot traffic and conversions. While specific pricing plans for individual services are not disclosed, the subscription model allows businesses to scale their marketing efforts according to their needs.Following the recent acquisition by TeleNav, Inc. in October 2012, ThinkNear plans to enhance its GeoLink platform with new product features aimed at improving client engagement and targeting capabilities. The firm is also looking to expand its services into new geographic regions, focusing on urban markets across North America by 2023.
Who invested in ThinkNear
9 investors across 2 rounds
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Questions about ThinkNear
Who invested in ThinkNear?
ThinkNear has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ThinkNear raised?
ThinkNear has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did ThinkNear last raise money?
ThinkNear's most recent round on record is a Seed, in Aug 2011.
What does ThinkNear do?
ThinkNear is a marketing/advertising company.
Where is ThinkNear headquartered?
ThinkNear is headquartered in Los Angeles, US.
Which VCs invest in companies like ThinkNear?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back marketing/advertising companies at ThinkNear's stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Seed
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