About Local Logic
Local Logic is a company based in Montreal (Canada) founded in 2014 by Alexandre Page, Gabriel Damant-Sirois, Colin Stewart, and Vincent-Charles Hodder.. Local Logic has raised $20.47 million across 4 funding rounds from investors including Desjardins, BDC and GroundBreak Ventures. Local Logic offers products and services including IO Reports, Local Content, Local Demographics, Local Maps, and APIs. Local Logic operates in a competitive market with competitors including Fugro, Real Capital Analytics, CoStar Group, Convex and CompStak, among others.
- Headquarter Montreal, Canada
- Founders Alexandre Page, Gabriel Damant-Sirois, Colin Stewart, Vincent-Charles Hodder
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Sectors
Real Estate & ConstructionTechnology
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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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Total Equity Funding
$20.47 M (USD)
in 4 rounds
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Latest Funding Round
$13.2 M (USD), Series B
Aug 02, 2023
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Investors
Desjardins
& 9 more
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Employee Count
Employee Count
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Products & Services of Local Logic
Local Logic offers a comprehensive portfolio of products and services, including IO Reports, Local Content, Local Demographics, Local Maps, and APIs. 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.
Provides granular lifestyle and market reports for agents and clients
Offers deep insights into property locations for consumer understanding
Displays insights to boost user engagement and SEO performance
Enables map-based tools for lifestyle-based area discovery
Delivers demographic and location data for real estate applications
Generates robust reports to position agents as local experts
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Funding Insights of Local Logic
Local Logic has successfully raised a total of $20.47M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $13.2 million completed in August 2023. 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 4
- Last Round Series B — $13.2M
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First Round
First Round
(13 Jun 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series B - Local Logic | Valuation | GroundBreak Ventures , Invest Quebec | |
| Nov, 2020 | Amount | Series A - Local Logic | Valuation | GroundBreak Ventures | |
| Nov, 2020 | Amount | Debt – Conventional - Local Logic | Valuation |
investors |
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| 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 Logic
Local Logic has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Desjardins, BDC and GroundBreak Ventures. 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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GroundBreak Ventures is focused on investing in PropTech startups.
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Cycle Capital is engaged in venture capital for clean tech innovations.
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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 Logic
| 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 Logic
| 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 Logic Comparisons
Competitors of Local Logic
Local Logic 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 Fugro, Real Capital Analytics, CoStar Group, Convex and CompStak, 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 |
GIS-based location analytics solutions are provided for infrastructure and assets.
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| domain | founded_year | HQ Location |
Database for commercial real estate investment
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| domain | founded_year | HQ Location |
Commercial real estate information and marketplaces are provided through subsidiaries.
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| domain | founded_year | HQ Location |
CRM software is provided for construction professionals.
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| domain | founded_year | HQ Location |
Crowd-sourced database for commercial real estate deals is maintained.
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| domain | founded_year | HQ Location |
Commercial real estate data and analytics are provided to investors.
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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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Latest news on Local Logic
Frequently Asked Questions about Local Logic
When was Local Logic founded?
Local Logic was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Local Logic located?
Local Logic is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of Local Logic?
Vincent-Charles Hodder is the current CEO of Local Logic. They have also founded this company.
Is Local Logic a funded company?
Local Logic is a funded company, having raised a total of $20.47M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6.12M, raised on Jun 13, 2017.
What does Local Logic do?
Local Logic was founded in 2014 in Montreal, Canada, as a provider of location analytics for the real estate sector. Data from various sources is collected and integrated to deliver location-based insights. Key offerings include Local Content for hyperlocal information, a Local Search platform tailored to real estate needs, and Local Maps for property exploration. Operations focus on supporting real estate professionals with data-driven tools.
Who are the top competitors of Local Logic?
Local Logic's top competitors include CoStar Group, Convex and First.
What products or services does Local Logic offer?
Local Logic offers IO Reports, Local Content, Local Demographics, Local Maps, and 2 more products and services.
Who are Local Logic's investors?
Local Logic has 10 investors. Key investors include Desjardins, BDC, GroundBreak Ventures, Invest Quebec, and Band Capital Partners.
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