Short description
CityPockets is an online marketplace that allows its users to purchase and sell daily deal vouchers.
Description
CityPockets is a digital wallet for daily deals. Users enter their login credentials to a number of different group-buying/daily deal sites (Groupon, LivingSocial, BuyWithMe, Restaurant.com and many more) and their system automatically populate their account with all of their vouchers on a single dashboard. CityPockets send custom email reminders before a voucher expire, and have iPhone & Android app for mobile redemption. In April 2011, CityPockets launched a secondary marketplace for deals so that people can buy & sell past deals, which is a $1-2B market.
With the acquisition of DealBurner in August 2011, CityPockets is poised to have the largest inventory of deals past, present and instant. It signals a focus on mobile and location-based deal alerts, and is slowly becoming a full-service provider for its users to buy, manage and sell deals all on a single platform.
Last funding
No Way
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Total funding
$$121212
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Location
New York, New York, United States, North America
Founded on
August 26, 2010
Closed on
May 10, 2012
Non-profit?
No
Acquired?
No
Employees count
1-10
Investors
Noaccess, Blurry Noaccess, Uh Ohhhh
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Founders
Cheryl Sew Hoy, Jhony Fung