About Local Reads
Local Reads is a company based in Kelowna (Canada) founded in 2017. It operates as a B2C. Local Reads operates in a competitive market with competitors including Mijem, AbeBooks, Sell My Comic Books, studEtree and The zine club, among others.
- Headquarter Kelowna, Canada
- SectorsRetail
- Website localreads.ca
- Social Facebook
- Investors
Funding Insights of Local Reads
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Local Reads with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2017 | – | Seed | – | Accelerate Okanagan | – |
1 investors in total: 1 institutional.
Investors in Local Reads
Local Reads has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Accelerate Okanagan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup accelerator and incubator | – | accelerateokanagan.com | Kelowna, Canada |
Investor details for Local Reads
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Local Reads
2 dated milestones of Local Reads, from founding to its latest funding, stage changes and deals.
- Founded Local Reads is founded.
- Funding First funding round.
Competitors of Local Reads
Local Reads 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 Mijem, AbeBooks, Sell My Comic Books, studEtree and The zine club, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mijem.com | 2014 | Gatineau, Canada | – | – | Online community-based eCommerce platform for students | |
| abebooks.com | 1996 | Victoria, Canada | – | – | New and used books are offered via an online marketplace. | |
| sellmycomicbooks.com | 2012 | Montreal, Canada | – | – | Comic books are bought and sold via an online marketplace. | |
| studetree.com | 2014 | Montreal, Canada | – | – | Operates an online marketplace for buying and selling used books. | |
| thezineclub.com | 2018 | Toronto, Canada | – | – | Hosts a digital marketplace for magazines. | |
| anthil.ca | 2018 | Richmond Hill, Canada | – | – | Operates a textbook marketplace enabling users to buy, share, or sell books easily. |
Detailed competitors of Local Reads
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Local Reads
10 companies that operate in the same segment as Local Reads (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | – | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Multi-category consumer products are sold via an online marketplace. | 2010 | Seoul, South Korea | USD 3.9 B | USD 34.53 B | 95,000 | |
Multi-category products are sold via an online marketplace platform. | 2012 | Singapore, Singapore | USD 689.63 M | – | – | |
Multi-category products are offered through an online marketplace. | 1994 | Seattle, Washington, United States | USD 8 M | – | – | |
Multi-category second-hand products are offered via online marketplace platform. | 2007 | Moscow, Russia | USD 161 M | – | – | |
Used multi-category products are traded on an online marketplace platform. | 2013 | Minato, Tokyo, Japan | USD 117.3 M | USD 1.41 B | – | |
Multi-category consumer products are sold via an online marketplace platform. | 1999 | Buenos Aires, Argentina | – | USD 28.89 B | 84,210 | |
App-based marketplace and classified platform for multi-category products | 2013 | Barcelona, Catalonia, Spain | USD 370.56 M | – | – | |
Multi-category consumer products are offered via an online marketplace. | 1998 | Moscow, Russia | USD 442.27 M | – | – |
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Frequently Asked Questions about Local Reads
Local Reads was founded in 2017.
Local Reads is headquartered in Kelowna, Canada. It is registered at Kelowna, British Columbia, Canada.
Local Reads hosts a digital marketplace for buying and selling second-hand books through operating online marketplaces, engaging in retail operations, book sales, and second-hand market. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Local Reads's top competitors include Mijem, AbeBooks and Sell My Comic Books.
Local Reads has 1 investor. Key investors include Accelerate Okanagan.