Fundraising Fox

Mobile Price Card

Bangor, US · Delaware corporation · 3 known investors

Mobile Price Card provides software for retailers to manage and display content on in-store digital screens through a centralized dashboard, enabling control over pricing, promotions, and merchandising messaging. The platform connects online and physical retail experiences through web-connected digital displays at points of purchase.

Also known as Mobile Price Card Inc · MPC Solutions

Founders & leadership

CO
Chad O'LearyNamed on SEC filing
KD
Kevin DownsNamed on SEC filing

Investors · 3

Also in the syndicate · 2

Bangor AngelsMaine Angels

Reported raises · per SEC filings

Form D private placements

$3.9M disclosed across 4 of 5 rounds · 2018–2023

$2.9MraisedAug 2023 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mark BorgesDirector
  • William ChristyDirector
  • Kevin DownsExecutive Officer, Director
  • Joseph HendersonDirector
  • Chad O'LearyExecutive Officer, Director
Offering amount
$3.1M
Amount sold
$2.9M
Proceeds to insiders
$435K
First sale
Jul 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$13.9KraisedFeb 2021 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Mark BorgesDirector
  • William ChristyDirector
  • Chad O'LearyExecutive Officer, Director
  • Kevin DownsExecutive Officer, Director
  • Matthew HoffnerDirector
Offering amount
$500K
Amount sold
$13.9K
First sale
Jan 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$182.7KraisedNov 2019 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin DownsExecutive Officer, Director
  • Matthew HoffnerDirector
  • Mark BorgesDirector
  • Chad O'LearyExecutive Officer, Director
  • William ChristyDirector
Offering amount
$650K
Amount sold
$182.7K
First sale
Nov 2019
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$820KraisedAug 2018 · 12 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Chad O'LearyExecutive Officer, Director
  • Kevin DownsExecutive Officer, Director
Offering amount
$1M
Amount sold
$820K
Minimum investment
$10K
First sale
Aug 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Mobile Price Card Inc., which operates under the name MPC Solutions, develops software that lets retailers control what appears on digital screens inside their stores from a single dashboard. Its original product is a patented application installed on the mobile devices already on display in consumer electronics and wireless stores, replacing printed paper price cards. The app presents three screens on each handset: current price, technical specifications such as screen size, camera type and battery life, and a third screen carrying relevant advertising and price promotions. Shoppers can minimize the application by touching the screen in order to use other device features while browsing.

The company positions the product as a compliance-centric enterprise CMS for in-store execution, covering pricing updates, promotions and merchandising messaging at the point of purchase. Beyond display control, it reports on in-store data such as product placement and coaching opportunities; that data can be viewed online, downloaded, or distributed through an API. The company states its solutions are used in more than 20,000 locations and describes itself as first among U.S. wireless carriers.

Founding story

Chad O'Leary, who had spent years in wireless retail and owned six Verizon stores, wanted a more accurate way to update rapidly changing handset prices, particularly for Android devices, whose prices change more often than iPhones'. He met Kevin Downs, then working in marketing at Wireless Zone, a Verizon authorized dealer, and the two devised a way to replace printed price cards with an app running on the display phones themselves. O'Leary developed and launched Mobile Price Card in his own retail locations in 2015.

Business model

Software sold to retail chains and carrier-authorized dealers, deployed across their store locations and managed centrally through a dashboard, with data accessible online, by download or via API.

The company sells its application to retailers, which download and update it with prices and specifications for each store; specific pricing terms are not disclosed in the available sources.

Traction

As of October 2018 the company reported 18 customers across 22 states covering roughly 500 store locations, operating with four employees plus contract developers and accountants. A Gust profile listed the company at the Full Product Ready stage with six employees. The company's site states its solutions are used in over 20,000 locations.

Latest developments

The company now markets itself as MPC Solutions, an enterprise CMS for retailers, stating that its compliance-centric solutions are used in more than 20,000 locations for in-store execution.

Full profile — market position, technology, go-to-market, geography, history

Market position

A small Maine-based vendor serving wireless and consumer electronics retail; the company describes itself as ranking first among U.S. wireless carriers for its category of in-store content solutions.

The product uses the screens of devices already on display as the advertising and pricing surface rather than separate hardware or printed cards, and the underlying technology is described as patented. Planned feature work included multilingual support to enable overseas sales.

Technology

A patented mobile application that runs on demonstration devices on retail display, showing price, device specifications and promotional content, paired with a web-based dashboard for centralized content and price management. Reporting data can be exported or delivered via API.

Go-to-market

Direct sales to retail chains and carrier agents, with deployments spanning multiple store locations per customer; the company has cited installations such as the Verizon store at 570 Stillwater Ave. in Bangor as reference sites.

Consumer electronics and wireless retailers, including carrier-authorized dealers and regional carriers; named customers have included Carolina West in North Carolina, GCI in Alaska and various Verizon agents.

Geography

Headquartered in Bangor, Maine, after starting in Portland, Maine; customers spanned 22 U.S. states as of 2018, including North Carolina and Alaska.

History

The company was founded in January 2016 and started in Portland, Maine, incorporated as a C-corp. In August 2018 it relocated to Bangor, citing O'Leary's local ties and the talent pool near the University of Maine. In October 2018 it closed an $850,000 Series A financing and announced plans to more than double its four-person staff over the following six months. It later operated under the MPC Solutions brand with a broader enterprise CMS positioning.

Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
CustomersOct 201818 customers
EmployeesOct 20184 people
Locations using the platformJan 202620,000 locations
Retail locations servedOct 2018500 locations
US states servedOct 201822 states

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Oct 2018
Plans to more than double workforce in six months

With four employees in an office in the Key Bank building at 23 Water St. in Bangor, plus independent developers and accountants, the company said it would add four employees within six months — a customer service representative, a salesperson, a project manager and a visual designer — and a further eight within a few years.

source ↗

Oct 2018
Closes $850,000 Series A round structured as debt and promissory notes

Mobile Price Card Inc. announced the close of an $850,000 investment round from CEI Ventures Inc., Maine Venture Fund, Maine Angels and Bangor Angels. COO Kevin Downs said the round combined debt and promissory notes that the company expected to convert to equity the following year, a structure chosen because Maine Seed Capital Tax Credit funds had been expended for the year. Proceeds were earmarked for expanding application features, including multilingual support for eventual overseas sales.

$850K source ↗

Aug 2018
Relocates headquarters from Portland to Bangor, Maine

The company, founded in Portland, moved to Bangor in August 2018, citing CEO Chad O'Leary's ties to Bangor and the talent pool available near the University of Maine.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Mobile Price CardDelaware

Research sources · 7

primary sources listed

7 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Mobile Price Card do?
Maine-based maker of an enterprise content management system that manages pricing and promotions on in-store retail screens.
Who are Mobile Price Card's investors?
Mobile Price Card's investors include CEI Ventures.
How much funding has Mobile Price Card raised?
Mobile Price Card has disclosed $3.9M raised across 4 of its 5 known rounds.
Where is Mobile Price Card headquartered?
Mobile Price Card is headquartered in Bangor, US.