About Local Difference
Local Difference is a company based in Traverse City (United States) founded in 2004 was acquired by Boomerang Catapult in December 2018.. Local Difference offers products and services including Local Food Guide, Online Directory, and Marketing Services. Local Difference operates in a competitive market with competitors including Thrive Market, Instacart, DoorDash, Postmates and Gopuff, among others.
- Headquarter Traverse City, United States
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Sectors
RetailAgriculture
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Boomerang Catapult
(Dec 25, 2018)
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Products & Services of Local Difference
Local Difference offers a comprehensive portfolio of products and services, including Local Food Guide, Online Directory, and Marketing Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Guide for finding and promoting local food and farms.
Platform for listings of food and farm businesses.
Services for promoting small food and farm businesses.
Funding Insights of Local Difference
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Local Difference
Local Difference has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Boomerang Catapult. 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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Investment in Northern Michigan tech companies is facilitated.
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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 Local Difference
| 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 - Local Difference
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Local Difference Comparisons
Competitors of Local Difference
Local Difference 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 Thrive Market, Instacart, DoorDash, Postmates and Gopuff, 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 |
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| domain | founded_year | HQ Location |
Organic groceries are offered through an online membership platform.
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| domain | founded_year | HQ Location |
Online marketplace platform offering multi-category grocery products
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| domain | founded_year | HQ Location |
Food and grocery deliveries are facilitated through an app-based platform.
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| domain | founded_year | HQ Location |
Online platform providing on-demand hyperlocal delivery services
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| domain | founded_year | HQ Location |
Online platform offering on-demand delivery services for food and groceries
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| domain | founded_year | HQ Location |
Multi-category grocery products are delivered via a mobile app platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Local Difference
When was Local Difference founded?
Local Difference was founded in 2004.
Where is Local Difference located?
Local Difference is headquartered in Traverse City, United States. It is registered at Traverse City, Michigan, United States.
Who is the current CEO of Local Difference?
Tricia Phelps is the current CEO of Local Difference.
What does Local Difference do?
Local Difference was established in 2004 in Traverse City, United States, as an online listing platform focused on the agribusiness sector. Listings are maintained for various entities, including farms, farmers markets, retailers, restaurants, wineries, breweries, specialty stores, and food trucks. Marketing support is offered through details on business offerings and locations. Users are enabled to search and locate establishments by category.
Who are the top competitors of Local Difference?
Local Difference's top competitors include DoorDash, Thrive Market and Instacart.
What products or services does Local Difference offer?
Local Difference offers Local Food Guide, Online Directory, and Marketing Services.
Who are Local Difference's investors?
Local Difference has 1 investor. Key investors include Boomerang Catapult.
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