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§ Private Profile · New York City, NY, USA
Digital wallet web service for consumers to import, track, and manage U.S. prepaid vouchers from daily deal sites with a single login.
Based in New York City, CityPockets operated as a digital wallet platform that enabled consumers to import, track, and manage prepaid vouchers from various daily deal websites through a single login. Functioning as a centralized aggregator, the free web service consolidated discounted offers from more than 500 platforms across the United States, including prominent providers like Groupon and LivingSocial. The enterprise secured $750,000 in venture capital funding to support its operations, with Great Oaks Venture Capital serving as the lead investor. Despite its initial traction in the consumer voucher management sector, the company ultimately pivoted and ceased operations within a year of its launch due to its heavy reliance on the volatile daily deal market. CityPockets was originally founded in 2010 by chief executive officer Cheryl Yeoh and a former Cornell University classmate.
CityPockets has raised $740K across 1 funding round.
CityPockets has raised $740K in total across 1 funding round.
CityPockets has raised $740K across 1 funding round. Most recently, it raised $740K Seed in June 2011.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 20, 2011 | $740K Seed | Benjamin LIN | MI Ventures | Announced |
CityPockets has raised $740K in total across 1 funding round.
CityPockets's investors include benjamin lin, MI Ventures.