How much did Local Logic raise?

Local Logic raised C$13 Million in a Series B round on August 2, 2023.

Where is Local Logic based and how big is it?

Local Logic is based in Montreal, Quebec, Canada. Fundz records about 43 employees.

Who are the decision-makers at Local Logic?

Fundz holds 1 contact at Local Logic. Names and contact details are shown to Fundz members.

Local Logic Pulls In C$13M Series B

PRIVATEAug 02, 2023

Amount Raised

C$13 Million

Round Type

Series B

MontrealSoftwareReal EstateAnalyticsLocation Based ServicesCommercial Real Estateinformation technology & services

Description

This round brings the company's total funding to $19 million.

Quick answer

Local Logic raised C$13 Million in a Series B round, dated August 2, 2023. Local Logic is based in Montreal, Quebec, Canada.

How much did Local Logic raise?: Local Logic raised C$13 Million in a Series B round on August 2, 2023.
What does Local Logic do?: Moving forward, the company will look to expand its partnerships with broker sites and MLS organizations to impact every real estate decision in the United States and Canada.
Where is Local Logic based and how big is it?: Local Logic is based in Montreal, Quebec, Canada. Fundz records about 43 employees.
Who are the decision-makers at Local Logic?: Fundz holds 1 contact at Local Logic. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate and Analytics around the same time

Companies in the same sectors as Local Logic that raised within 45 days of this round, from Fundz verified event records.

Databricks raised $504M on September 14, 2023.
Databricks raised an undisclosed amount (Series G+) on September 14, 2023.
Brillio raised an undisclosed amount on September 5, 2023.
Viboo raised an undisclosed amount (Funding Round) on September 14, 2023.
Orbee raised $4M (Series A) on September 14, 2023.
Treefera raised $2.2M (Seed) on September 13, 2023.

Who to call at Local Logic, and when

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Company Information

Company

Local Logic

Location

3510 Saint Laurent Boulevard

Montreal, Quebec, Canada

About

Moving forward, the company will look to expand its partnerships with broker sites and MLS organizations to impact every real estate decision in the United States and Canada. With more than 85 billion unique data points – the largest unique location data set in the U.S. and Canada – the platform creates a digital twin of cities, quantifying the built world and offering predictive, precise analytics to inform the present and future of over 250 million individual addresses. The company has embraced innovation; a willingness to adopt new technology is a key differentiator in its approach to business. In today's fast-changing real estate landscape, Local Logic provides the industry with granular, proprietary, and actionable location insights to understand how the built world impacts the risk and return of real estate investment decisions of all scales and at all levels of sophistication. Beyond empowering investment decisions, Local Logic also provides insights to help governments make policy and regulation decisions regarding residential real estate that impact the sustainability and livability of our cities. Local Logic and its CEO, Vincent-Charles Hodder, will be at Inman Connect in Las Vegas from August 8-10. Local Logic is a location intelligence platform that digitizes the built world for consumers, investors, developers, and governments – delivering unrivaled clarity and actionable insights capable of creating more sustainable, equitable cities.

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What this usually means

Timeline to next round

Series B companies typically work for 15-20 months before raising new capital

Growth expectations

Series B companies are expected to scale rapidly and expand market reach

Local Logic raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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