About LocalAway
LocalAway is a company based in Redwood City (United States) founded in 2020 by Julia Peter.. LocalAway has raised $20 thousand across 2 funding rounds from investors including Techstars and Lair East Labs. LocalAway operates in a competitive market with competitors including Flip, NTWRK, ShopShops, talkShopLive and buywith, among others.
- Headquarter Redwood City, United States
- Founders Julia Peter
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Sectors
Retail
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Phone
*********
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Website
*********
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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 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Techstars
& 1 more
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Employee Count
Employee Count
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Funding Insights of LocalAway
LocalAway has successfully raised a total of $20K across 2 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Jun 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - LocalAway | Valuation | Lair East Labs |
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| Jun, 2022 | Amount | Seed - LocalAway | Valuation | Techstars |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 LocalAway
LocalAway has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Techstars and Lair East Labs. 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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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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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 LocalAway
| 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 - LocalAway
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Localaway Comparisons
Competitors of LocalAway
LocalAway 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 Flip, NTWRK, ShopShops, talkShopLive and buywith, 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 |
Online retailer of pre-owned refurbished smartphones
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| domain | founded_year | HQ Location |
Online platform for live video-based shopping
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| domain | founded_year | HQ Location |
Multi-category luxury fashion products are offered via online live streams.
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| domain | founded_year | HQ Location |
Multi-category products are showcased via online live streaming platform.
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| domain | founded_year | HQ Location |
Live-video commerce solutions are provided for business streaming sales.
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| domain | founded_year | HQ Location |
Provides an interactive live streaming shopping application for enhanced user experiences.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Localaway
Frequently Asked Questions about LocalAway
When was LocalAway founded?
LocalAway was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is LocalAway located?
LocalAway is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Who is the current CEO of LocalAway?
Julia Peter is the current CEO of LocalAway. They have also founded this company.
Is LocalAway a funded company?
LocalAway is a funded company, having raised a total of $20K across 2 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Jun 01, 2022.
What does LocalAway do?
LocalAway was founded in 2020 and is headquartered in Redwood City, United States. The platform operates in the fashion e-commerce sector, providing a catalog of apparel, footwear, bags, and accessories. Influencers are enabled to upload videos demonstrating product styling during live streams. AI-based tools are utilized for item suggestions and predictions tailored to creators.
Who are the top competitors of LocalAway?
LocalAway's top competitors include NTWRK, talkShopLive and buywith.
Who are LocalAway's investors?
LocalAway has 2 investors. Key investors include Techstars, and Lair East Labs.