Intelligent Clearing Network
Intelligent Clearing Network offers Modern Couponing, an electronic clearing solution for digital and paper coupons, serving retailers and consumer packaged goods companies. Founded in 2008, based in New Canaan, Connecticut.
- Company typePrivate
- Founded2008
- HeadquartersJacksonville, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Intelligent Clearing Network does
Intelligent Clearing Network (ICN) is a privately held fintech-adjacent company founded in 2008 and headquartered in New Canaan, Connecticut. The company's product, branded as "Modern Couponing," is an electronic clearing solution that processes both digital and paper-format coupons, positioning ICN as an intermediary in the coupon redemption workflow between retailers and consumer packaged goods (CPG) manufacturers or their redemption agents.
ICN operates with a very small team (1-10 employees) and has disclosed approximately $2.6M in cumulative funding across four rounds between 2010 and 2013. Identified institutional investors include Connecticut Innovations (lead on the 2011 round), LaunchCapital, Early Stage Partners, and Wolverine Venture Fund. No product roadmap details, patents, certifications, partnership arrangements, or named customer relationships are present in the available source material, and the company's current website resolves only to a security verification page, suggesting either limited public-facing operations or stale web infrastructure.
The business model is best characterized as a transaction-processing / SaaS-style clearing service in the promotional payments value chain, but pricing mechanics, revenue per coupon, contract structure, and customer segments are not disclosed in the input. Given the absence of post-2013 funding activity, disclosed revenue, or operational updates over the past decade, the current scale and operating posture of the business cannot be reliably confirmed from the available data.
Intelligent Clearing Network firmographics
Firmographics- Name
- Intelligent Clearing Network
- Website
- https://icn-net.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Intelligent Clearing Network offers Modern Couponing, an electronic clearing solution for digital and paper coupons, serving retailers and consumer packaged goods companies. Founded in 2008, based in New Canaan, Connecticut.
- Ownership category
- akta.pro rank
Intelligent Clearing Network industry classification
Industry- Product category
- Digital Couponing Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Services-Computer Processing & Data Preparation (7374), Finance Services (6199)
- akta.pro industry
- Card Clearing & Settlement (Interchange, Network Settlement)
Keywords
Where Intelligent Clearing Network is headquartered
LocationHeadquarters
- HQ city
- Jacksonville
- HQ country
- United States
- HQ region
- North America
Markets served
Intelligent Clearing Network business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations
Intelligent Clearing Network product offering
Product offeringCore offering
Intelligent Clearing Network offers Modern Couponing, an electronic solution for processing both digital and paper coupons. The platform provides electronic coupon clearing and processing services designed to modernize coupon redemption and validation workflows.
Differentiator
Problem solved
Functional benefit
Products and services
- Modern Couponing
Companies that use Intelligent Clearing Network
Customer profileIdeal customer profiles1 record
Intelligent Clearing Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Intelligent Clearing Network partnerships and signals
Strategic signalExpansion highlights1 record
Intelligent Clearing Network competitors and assessment
Company assessmentBroad incumbents
- Inmar: Inmar is the dominant third-party coupon clearing and processing operator in North America, handling settlement between retailers and CPG manufacturers across both paper and digital formats. It is the most direct large-scale analogue to Intelligent Clearing Network's clearing-network model.
- Vericast: Vericast (parent of the legacy Valassis brand) operates one of the largest coupon distribution and clearing platforms in the U.S., serving most major retailers and CPG manufacturers with both paper and digital coupon infrastructure. Highly comparable to ICN's dual-format electronic coupon clearing proposition.
- Neptune Retail Solutions: Neptune Retail Solutions (formerly Quotient Technology, which absorbed Coupons.com) is the leading digital coupon platform and media network connecting brands, retailers, and shoppers. Its digital coupon clearing and redemption model directly overlaps with ICN's electronic coupon offering.
- Catalina Marketing: Catalina operates a shopper intelligence and personalized digital media network, including coupon targeting, distribution, and redemption at retailer point-of-sale. It competes with ICN in the retailer- and CPG-facing coupon clearing and targeting layer.
- News America Marketing: News America Marketing is a long-standing in-store and at-home promotional marketing provider, including FSI/print-at-home coupon distribution and digital equivalents. Directly comparable as a paper-plus-digital coupon distribution and processing peer.
Emerging players
- Flipp: Flipp is a digital circular and coupon platform serving major North American retailers, providing digital coupon discovery, clipping, and redemption. Comparable to ICN's digital coupon workflow, though focused on the consumer-facing discovery layer rather than clearing.
- SavingStar: SavingStar is a digital coupon and cash-back service that operates across retailer loyalty programs, processing digital coupon redemptions and reimbursing shoppers. Comparable as a digital coupon redemption and clearing operator at a smaller scale.
- PayPal Honey: Honey (owned by PayPal) is a browser-based coupon code and promotional offer platform that auto-applies digital coupons at e-commerce checkout. Comparable to the digital portion of ICN's electronic coupon solution, focused on online rather than in-store redemption.
- Fetch Rewards: Fetch Rewards is a mobile receipt-scanning rewards and digital coupon platform that processes offer redemptions between brands and consumers through its own clearing pipeline. Comparable to ICN as a digital offer/coupon clearing and settlement operator, serving CPG brands as counterparties.
Others
- Blackhawk Network: Blackhawk operates a gift card and promotional payments network with retailer-distributed digital and physical incentives, including coupon-like offers and rewards. Adjacent as a transaction-processing/promotional payments network that shares structural similarities with ICN's clearing model.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat2 records
Key risks6 records
Key highlights4 records
Customer concentration
Intelligent Clearing Network social profiles
Digital presenceIntelligent Clearing Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Intelligent Clearing Network leadership team
Management profileNumber of profiles
Profiles2 records
Intelligent Clearing Network funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Intelligent Clearing Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Intelligent Clearing Network
What does Intelligent Clearing Network do?
Intelligent Clearing Network offers Modern Couponing, an electronic solution for processing both digital and paper coupons. The platform provides electronic coupon clearing and processing services designed to modernize coupon redemption and validation workflows.
When was Intelligent Clearing Network founded?
Intelligent Clearing Network was founded in 2008. It employs 1 to 10 people.
Where is Intelligent Clearing Network based?
Intelligent Clearing Network is headquartered in Jacksonville, United States, in the North America region.
Who are Intelligent Clearing Network's main competitors?
Broad incumbents on record are Inmar, Vericast, Neptune Retail Solutions, Catalina Marketing and News America Marketing. Emerging players are Flipp, SavingStar, PayPal Honey and Fetch Rewards. Blackhawk Network is listed as an others.
Does Intelligent Clearing Network have an API?
No public API is recorded for Intelligent Clearing Network.
What industry is Intelligent Clearing Network in?
Intelligent Clearing Network's product category is Digital Couponing Platform. Its primary akta.pro industry code is FSABAJAJ, Card Clearing & Settlement (Interchange, Network Settlement). Its NAICS code is 52232 and its SIC code is 7374.