Thanx

Thanx

CRM and Marketing Automation custom-built for real-world businesses.

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Late VC
Total Funding000k
More about Thanx
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Thanx, Inc., headquartered in San Francisco, California, is a technology startup that specializes in customer engagement and loyalty solutions for restaurants and retailers. The company operates in the customer relationship management (CRM) market, focusing on helping businesses build long-term relationships with their customers to drive higher revenue and lifetime value (LTV).

Thanx provides a comprehensive CRM platform that integrates rich customer profiles, automated audience segmentation, and one-click marketing campaigns. This allows businesses to easily execute personalized marketing strategies. The platform captures data from various customer touchpoints, including in-store and online purchases, item preferences, visit frequency, and more, to create a complete view of each customer.

The company's business model revolves around offering subscription-based services to its clients, which include both small and large restaurants and retail chains. Thanx makes money by charging these businesses for access to its CRM platform and additional features such as loyalty programs, digital ordering solutions, and marketing automation tools.

One of the key selling points of Thanx is its ability to enhance the customer experience through personalized and experiential rewards. This includes offering VIP experiences, win-back campaigns, surprise and delight rewards, and tiered loyalty programs. By leveraging AI-driven technology, Thanx ensures that each customer interaction is deeply personalized, which helps in acquiring new customers and retaining existing ones.

Thanx has demonstrated its effectiveness through various case studies. For instance, PINCHO improved its app rating from 1.6 stars to 4.9 stars and successfully transitioned its entire loyalty program in less than six weeks. Similarly, Oath Pizza achieved a 55% open rate in a recent campaign and saw a 2.3x higher purchase propensity compared to the control group.

In summary, Thanx is a robust CRM solution that helps restaurants and retailers engage their customers, drive repeat purchases, and grow their online revenue through personalized marketing and loyalty programs.

Keywords: CRM, customer engagement, loyalty solutions, personalized marketing, AI-driven technology, restaurants, retailers, digital ordering, subscription-based, customer data.

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Investments by Thanx

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ZeroStorefront
ACQUISITION by Thanx Apr 2022