aDealio Raises $1M

aDealio, an Austin, Texas-based marketing center for small businesses and mational brands trying to reach local consumers, has raised $1m in funding.

According to a written statement, investors include CRV, Benjamin Ling, Michael Tanne, Angus Davis, Jim Armstrong, Ed Roman, etc..

Founded in early 2010 by Ryan Koonce, the company offers coupons, limited-time promotions (daily deals or flash sales), email marketing and loyalty programs. It recently lunched business listings, which allow businesses to create a presence on the aDealio site, where they can add limited-time promotions, coupons, reviews and loyalty programs,

aDealio operates local sites in Atlanta, Austin, Dallas, Houston and San Francisco and is in the process of launching 20 more. In addition to its database of over 5 million subscribers, the company also has “deal” distribution partnerships with Facebook, Yahoo and Tippr, as well as a national travel vertical at



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