About Local Motion
Local Motion is a company based in San Mateo (United States) founded in 2011 was acquired by Zipcar in August 2015. Local Motion has raised $6 million across 2 funding rounds from investors including Zipcar, Lemnos and Andreessen Horowitz. The company has 114 employees as of September 30, 2014. Local Motion operates in a competitive market with competitors including Samsara, Radius, Lytx, Platform Science and Omnitracs, among others.
- Headquarter San Mateo, United States
- Employees 114 as on 30 Sep, 2014
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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- Legal Name Zipcar, Inc
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Funding Insights of Local Motion
Local Motion has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in August 2013. 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.
Investors in Local Motion
Local Motion has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Zipcar, Lemnos and Andreessen Horowitz.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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US based VC firm investing in seed stage
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AME Cloud Ventures is focused on investing in data-driven technology companies.
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Investor details for Local Motion
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Investments & Acquisitions by Local Motion
Investment portfolio details for Local Motion
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Financial Statements - Local Motion
Detailed financials for Local Motion
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Local Motion Comparisons
Peer comparison for Local Motion
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Competitors of Local Motion
Local Motion 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 Samsara, Radius, Lytx, Platform Science and Omnitracs, among others.
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AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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Predictive marketing and sales platform
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Provider of video telematics and fleet management solutions
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Provider of integrated solutions for fleet management
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Cloud-based fleet management solutions are provided for transportation operations.
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Fleet telematics and management solutions for safe driving are provided.
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Detailed competitors of Local Motion
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Latest news on Local Motion
Complete news archive for Local Motion
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Frequently Asked Questions about Local Motion
Local Motion was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Local Motion is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Local Motion is a funded company, having raised a total of $6M across 2 funding rounds to date.
As of Sep 30, 2014, the latest employee count at Local Motion is 114.
Local Motion was founded in 2011 in San Mateo, United States, within the shared mobility sector. A module is developed for installation in vehicles to facilitate sharing, suitable for car-sharing companies, corporates, and universities. An on-demand platform similar to Zipcar is offered, allowing users to locate, book, and access vehicles. The service is supported by a mobile app available on Android and iOS devices.
Local Motion has 7 investors. Key investors include Zipcar, Lemnos, Andreessen Horowitz, Draper & Associates, and Morado Ventures.