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Dealflicks is a technology company.
Dealflicks operates a platform designed to provide discounted movie tickets and concessions to consumers. The company partners directly with movie theaters, offering a dynamic pricing model that allows venues to sell tickets and snack bar items at reduced rates. This system enables theaters to optimize attendance and revenue, particularly during slower periods, by attracting price-sensitive moviegoers through a dedicated mobile application and website.
Founded in 2011 by Zachary Cancio, Kevin Hong, and Sean Wycliffe, Dealflicks emerged from the founders' observation of pervasive empty seats in movie theaters. Their core insight was to apply a yield management approach, akin to that used in the travel industry, to cinema. This strategy aims to bridge the gap between theaters' excess capacity and consumers' demand for more affordable entertainment options.
The platform primarily serves consumers seeking value-oriented movie experiences and theater operators looking to fill otherwise vacant seats and boost concession sales. Dealflicks' overarching vision is to enhance the accessibility of moviegoing for a broader audience by offering substantial savings, thereby fostering increased patronage for cinemas and ensuring more efficient utilization of their available inventory.
Dealflicks has raised $2.0M across 1 funding round.
Dealflicks has raised $2.0M in total across 1 funding round.
Dealflicks was a technology startup that offered discounted movie tickets and concessions at 40-60% off, helping theaters fill empty seats during low-attendance periods without revealing specific theater locations or exact showtimes until after purchase.[1][2][4] It served budget-conscious moviegoers seeking deals without convenience fees and partnered with theaters, including smaller chains like Bow Tie Cinemas and larger ones like B&B Theatres, to sell vouchers and bundled offers.[1][2][3] The company addressed the problem of underutilized cinema capacity by enabling dynamic pricing-like discounts, though theaters resisted direct ticket price cuts.[1][2] Dealflicks raised $3.26M in funding but ceased operations in August 2018 due to financial struggles and competition from subscription models like MoviePass.[1][2]
Founded in 2012 in Los Angeles by co-founder and CEO Sean Wycliffe, Dealflicks emerged as a "Priceline of movie tickets," inspired by travel industry deal models to tackle vacant theater seats.[1][2] The founders bootstrapped early promotion by driving a converted Toyota Sienna across the country to pitch local theaters, starting with voucher sales and concession bundles.[1][2] Initial traction came from partnerships with smaller chains like Bow Tie Cinemas in New York, New Jersey, and Virginia, expanding to an online discount service with B&B Theatres, the nation's seventh-largest chain, in 2018.[1][2][3] Despite reaching 3,000 screens—a fraction of North America's 40,000—the model faced exhibitor resistance to dynamic pricing and broader market shifts.[1][2]
Dealflicks rode the early 2010s trend of Groupon-style daily deals and opaque pricing from travel tech (e.g., Priceline), applying it to cinemas amid rising digital ticketing.[2] Timing aligned with theaters' post-recession need to optimize empty seats, but market forces like exhibitor resistance to price transparency and the 2018 MoviePass subscription boom—peaking at 3 million users with $9.95 unlimited plans—eroded its coupon model.[1][2] It influenced the ecosystem by pioneering theater partnerships for discounts, paving the way for later dynamic pricing experiments, though its limited scale (3,000 screens) highlighted barriers in a fragmented, brand-protective industry.[1][2]
Dealflicks shut down in August 2018 after six years, emailing customers of its immediate end due to unsustainable finances, with support lines bouncing and leadership unresponsive.[2] Post-closure, its vision of filling seats via tech-driven deals persists in evolved forms like AMC's subscription tiers and AI-optimized pricing tools from larger players. Looking ahead, surviving cinema tech will leverage post-pandemic recovery, streaming competition, and data analytics for true dynamic pricing—trends Dealflicks anticipated but couldn't outlast. Its story underscores how nimble startups can spotlight industry gaps, even if incumbents and flashier rivals claim the wins, tying back to its original hustle as a cautionary blueprint for entertainment tech disruption.[1][2]
Dealflicks has raised $2.0M in total across 1 funding round.
Dealflicks's investors include 500 Global, 7BC Venture Capital, Daffy, Long Journey Ventures, March Capital, Practical Venture Capital, Rubicon VC, TNT Venture, Larry Braitman, Lawrence Braitman, Marc Benioff, Sahin Boydas.
Dealflicks has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in July 2014.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2014 | $2.0M Seed | 500 Global, 7BC Venture Capital, Daffy, Long Journey Ventures, March Capital, Practical Venture Capital, Rubicon VC, TNT Venture, Larry Braitman, Lawrence Braitman, Marc Benioff, Sahin Boydas, Scott Banister, Sina Afra, Ajay Narula, Darcy Wedd, Hersh Narula, Jason Kothari, Marc Berger, Richard Wolpert, 500 Startups, Archer Gray, Be Great Partners, Mogility Capital, Rosepaul Investments, Siemer Ventures, Sierra Maya Ventures, Turner MediaCamp, Wefunder |