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Intelligent Clearing Network

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uuid000cq9y

Namestring
Intelligent Clearing Network
Websiteurl
icn-net.com
Company typeenum
Private
Founded yearint
2008
Descriptiontext

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.

Short descriptiontext

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.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersJacksonville, United States
HQ citystring
Jacksonville
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
electronic couponing, digital coupon platform, paper coupon processing, coupon clearing services, promotion management
Industry1 code
PRIMARYFSABAJAJ
Card Clearing & Settlement (Interchange, Network Settlement)
NAICS code1 code
  • Financial Transactions Processing, Reserve, and Clearinghouse Activities52232
SIC code2 codes
  • Services-Computer Processing & Data Preparation7374
  • Finance Services6199
Product category
Digital Couponing Platform
Social media profiles2 records
Cost components3 values
Technology or R&D, Personnel, Operations
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

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
Functional benefit
Problem solved
Product and service1 record
1Modern Couponing
CategoryDigital Couponing Software
Expansion highlight1 record

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

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.

TypeBroad incumbent
Description

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.

TypeBroad incumbent
Description

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.

TypeBroad incumbent
Description

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.

TypeBroad incumbent
Description

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.

TypeEmerging player
Description

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.

TypeEmerging player
Description

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.

TypeEmerging player
Description

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.

TypeOthers
Description

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.

TypeEmerging player
Description

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.

Market position
Strengths3 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors4 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Intelligent Clearing Network

Digital Couponing Platformicn-net.com

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.

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
PRIMARYFSABAJAJ
Card Clearing & Settlement (Interchange, Network Settlement)

Keywords

  • Electronic couponing
  • Digital coupon platform
  • Paper coupon processing
  • Coupon clearing services
  • Promotion management

Where Intelligent Clearing Network is headquartered

Location

Headquarters

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 offering

Core 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 profile

Ideal customer profiles1 record

Intelligent Clearing Network technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Intelligent Clearing Network partnerships and signals

Strategic signal

Expansion highlights1 record

Intelligent Clearing Network competitors and assessment

Company assessment

Broad 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 presence

Intelligent Clearing Network financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Intelligent Clearing Network leadership team

Management profile

Number of profiles

Profiles2 records

Intelligent Clearing Network funding detail

Funding detail

Funding 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 investment

M&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.

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