About Locaid
Locaid is a company based in San Francisco (United States) founded in 2005 by Mario Proietti was acquired by LocationSmart in February 2015.. Locaid has raised $38.14 million across 8 funding rounds from investors including LocationSmart, Intersouth Partners and Florida Growth Capital. The company has 10 employees as of December 31, 2022. Locaid operates in a competitive market with competitors including SafeGraph, Bluedot, LocationSmart, Placemeter and AirSage, among others.
- Headquarter San Francisco, United States
- Employees 10 as on 31 Dec, 2022
- Founders Mario Proietti
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Loc-Aid Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$38.14 M (USD)
in 8 rounds
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Latest Funding Round
$750 K (USD), Series D
Jul 29, 2014
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Investors
LocationSmart
& 3 more
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Employee Count
10
as on Dec 31, 2022
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Acquired by
LocationSmart
(Feb 19, 2015)
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Funding Insights of Locaid
Locaid has successfully raised a total of $38.14M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $750 thousand completed in July 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series D — $750,000
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First Round
First Round
(16 Nov 2005)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2014 | Amount | Series D - Locaid | Valuation |
investors |
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| Jun, 2013 | Amount | Series D - Locaid | Valuation | Intersouth Partners , Florida Growth Capital |
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| Jun, 2012 | Amount | Series D - Locaid | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Locaid
Locaid has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include LocationSmart, Intersouth Partners and Florida Growth Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage life sciences and tech focused VC firm funding companies in the US
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Private equity capital is invested in small and mid-sized businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Locaid
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Locaid
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Locaid Comparisons
Competitors of Locaid
Locaid operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SafeGraph, Bluedot, LocationSmart, Placemeter and AirSage, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Geospatial data on places and human movement is provided.
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| domain | founded_year | HQ Location |
Bluedot is recognized for providing geofencing software solutions.
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| domain | founded_year | HQ Location |
Cloud-based location services are delivered via API to enterprises.
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| domain | founded_year | HQ Location |
Provider of products and equipment for security and surveillance solutions
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| domain | founded_year | HQ Location |
People location data, analytics, and movement information
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| domain | founded_year | HQ Location |
Hybrid geolocation API platform is provided for device location services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Locaid
Frequently Asked Questions about Locaid
When was Locaid founded?
Locaid was founded in 2005.
Where is Locaid located?
Locaid is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Locaid a funded company?
Locaid is a funded company, having raised a total of $38.14M across 8 funding rounds to date. The company's 1st funding round was a Series D of $5.78M, raised on Nov 16, 2005.
How many employees does Locaid have?
As of Dec 31, 2022, the latest employee count at Locaid is 10.
What does Locaid do?
Locaid was founded in 2005 in San Francisco, United States, as a provider of Location-as-a-Service (LaaS). Location data is delivered through APIs to support enterprise authentication, fraud detection, consumer services, and opt-in marketing across over 415 million devices from carriers like ATT, Verizon, and T-Mobile. Operations focus on enabling developers to access device locations for various applications. A merger with LocationSmart occurred on February 19, 2015.
Who are the top competitors of Locaid?
Locaid's top competitors include SafeGraph, LocationSmart and Placemeter.
Who are Locaid's investors?
Locaid has 4 investors. Key investors include LocationSmart, Intersouth Partners, Florida Growth Capital, and H.I.G. Capital.
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