About Local Motors
Local Motors is a company based in Chandler (United States) founded in 2007 by John R Rogers and Mark Smith was acquired by RapidFlight in July 2023. It operates as a B2C and D2C. Local Motors has raised $250 thousand across 4 funding rounds from investors including RapidFlight, GameAbove and OSTI.GOV. The company has 86 employees as of December 31, 2017. Local Motors offers products and services including Olli, Rally Fighter, Strati, and LM3D Swim. Local Motors operates in a competitive market with competitors including Waymo, Aurora, Cruise, Ridecell and Argo AI, among others.
- Headquarter Chandler, United States
- Employees 86 as on 31 Dec, 2017
- Founders John R Rogers, Mark Smith
-
Sectors
Transportation, Automotive & Logistics
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Local Motors, Inc.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$250 K (USD)
in 4 rounds
-
Latest Funding Round
Not available
-
Investors
RapidFlight
& 4 more
-
Employee Count
86
as on Dec 31, 2017
-
Acquired by
RapidFlight
(Jul 14, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Local Motors
Local Motors offers a comprehensive portfolio of products and services, including Olli, Rally Fighter, Strati, and LM3D Swim.
Electric-powered, 3D-printed shuttle for campuses and low-speed environments
Off-road pre-runner with on-road amenities for customized adventures
World's first 3D-printed electric vehicle for innovative transportation
Connected car with IoT features for modern driving experiences
People of Local Motors
Unlock access to complete
Unlock access to complete
Funding Insights of Local Motors
Local Motors has successfully raised a total of $250K across 4 strategic funding rounds. 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 Motors
Local Motors has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include RapidFlight, GameAbove and OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage tech investments are made across US, Europe, and Asia.
|
Locked | Locked | Locked | |
|
Pre-seed and seed stage investments are targeted by VTF Capital.
|
Locked | Locked | Locked | |
|
Philanthropy through sports, entertainment, and youth initiatives for community impact.
|
Locked | Locked | Locked |
Investor details for Local Motors
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Local Motors
Investment portfolio details for Local Motors
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Local Motors
Detailed financials for Local Motors
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Local Motors Comparisons
Peer comparison for Local Motors
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Local Motors
Local Motors 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 Waymo, Aurora, Cruise, Ridecell and Argo AI, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Self-driving vehicle solutions are developed and deployed for transportation.
|
|
| Locked | Locked | Locked |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided.
|
|
| Locked | Locked | Locked |
SaaS-enabled hardware and software for autonomous vehicles are developed.
|
|
| Locked | Locked | Locked |
Cloud-enabled platforms for shared mobility and fleet management are provided.
|
|
| Locked | Locked | Locked |
AI solutions for autonomous driving software and hardware are developed.
|
|
| Locked | Locked | Locked |
Autonomous mobility solutions are provided through AI-enabled platforms.
|
Detailed competitors of Local Motors
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Local Motors
Complete news archive for Local Motors
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Local Motors
Local Motors was founded in 2007 and raised its 1st funding round 5 years after it was founded.
Local Motors is headquartered in Chandler, United States. It is registered at Chandler, Arizona, United States.
John R Rogers is the current CEO of Local Motors. They have also founded this company.
Local Motors is a funded company, having raised a total of $250K across 4 funding rounds to date.
As of Dec 31, 2017, the latest employee count at Local Motors is 86.
Local Motors, based in Phoenix, Arizona, was an American automobile manufacturer founded in 2007 that pioneered 3D-printing technology for vehicles. It utilized community input and microfactories for rapid, customized production of models like the Rally Fighter and Olli shuttles. The company focused on innovative designs in self-driving and electric vehicles, serving markets through direct sales until it ceased operations in 2022.
Local Motors offers Olli, Rally Fighter, Strati, and LM3D Swim.
Local Motors has 5 investors. Key investors include RapidFlight, GameAbove, OSTI.GOV, Airbus Ventures, and VTF Capital.