retailcommon Secures $250,000 In Financing

Toronto-based retailcommon has raised $250,000, the funds will be used to help the mobile coupon startup execute on current sales plan and to capitalize on emerging global opportunities. retailcommon’s platform is a software as a service (SaaS) solution that helps customers create and deliver mobile coupons, promote to existing and new customers through digital and legacy media and then track detailed response and redemption data.

As part of their beta launch, retailcommon ran a number of pilot programs with retailers in Canada including Salomon and The North Face and is in final negotiations to launch their mall platform with major shopping centre owners in the UK and The Netherlands.