About Locale
Locale is a company based in Austin (United States) founded in 2016 was acquired by Mint House in February 2025.. Locale has raised $21.42 million across 4 funding rounds from investors including Mint House, Amplo and Susa Ventures. The company has 21 employees as of December 31, 2024.
- Headquarter Austin, United States
- Employees 21 as on 31 Dec, 2024
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Locale Hospitality, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.42 M (USD)
in 4 rounds
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Latest Funding Round
$7.92 M (USD), Series A
Jan 15, 2020
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Investors
Mint House
& 5 more
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Employee Count
21
as on Dec 31, 2024
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Acquired by
Mint House
(Feb 11, 2025)
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Funding Insights of Locale
Locale has successfully raised a total of $21.42M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7.92 million completed in January 2020. 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 A — $7.9M
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First Round
First Round
(16 Apr 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series A - Locale | Valuation |
investors |
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| Jan, 2020 | Amount | Series A - Locale | Valuation | Amplo | |
| Jun, 2019 | Amount | Debt – Venture - Locale | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 Locale
Locale has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mint House, Amplo and Susa 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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African software startups are funded by Amplo venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage companies across fintech, healthcare, and multiple sectors
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Founded Year | Domain | Location | |
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Seed & early stage tech and offline focused VC firm investing globally
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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 Locale
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Locale
| 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 |
Locale Comparisons
Competitors of Locale
| 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 Locale
Frequently Asked Questions about Locale
When was Locale founded?
Locale was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Locale located?
Locale is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Locale a funded company?
Locale is a funded company, having raised a total of $21.42M across 4 funding rounds to date. The company's 1st funding round was a Debt – Venture of $550K, raised on Apr 16, 2019.
How many employees does Locale have?
As of Dec 31, 2024, the latest employee count at Locale is 21.
What does Locale do?
Locale was founded in 2016 in Austin, United States, as an operator within the hospitality sector. Hotels are managed by the company, with services focused on accommodations and guest facilities. Operations are centered in the United States, supported by the domain locale.com. Core activities emphasize hotel management and related infrastructure in urban locations.
Who are Locale's investors?
Locale has 6 investors. Key investors include Mint House, Amplo, Susa Ventures, Rogue Insight Capital, and Metropolis Capital Partners.