About Localmind
Localmind is a company based in San Francisco (United States) founded in 2010 was acquired by Airbnb in December 2012. Localmind has raised $650 thousand across 2 funding rounds from investors including Airbnb, Granite Ventures and Inovia Capital. Localmind operates in a competitive market with competitors including MeetMe, Meetup, Going, Loopt and Pelago, among others.
- Headquarter San Francisco, United States
- SectorsTravel & HospitalityMedia & Entertainment
- Website localmind.com
- Social LinkedIn X Facebook
- Acquired by Airbnb (Dec 2012)
Funding Insights of Localmind
Localmind has successfully raised a total of $650K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $600 thousand completed in July 2011. 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 $650,000
- Total Rounds 2
- Last Round Seed — $600,000
- First Round $50,000
(Nov 2010)
- Investors Count 4
All 2 funding rounds of Localmind 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 |
|---|---|---|---|---|---|
| Jul 2011 | $600,000 | Seed | – | – | |
| Nov 2010 | $50,000 | Seed | – | Year One Labs | – |
5 investors in total: 5 institutional.
Investors in Localmind
Localmind has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Airbnb, Granite Ventures and Inovia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage US tech companies are invested in by the firm. | – | granitevc.com | San Francisco, United States | |
Investments are made in early-stage technology companies by Inovia Capital. | – | inovia.vc | Montreal, Canada | |
Early-stage venture capital is provided to Canadian technology startups by Real Ventures. | – | realventures.com | Montreal, Canada | |
- | – | yearonelabs.com | - | |
Vacation rentals are booked via an online peer-to-peer platform. | 2008 | airbnb.com | San Francisco, United States |
Investor details for Localmind
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 Localmind
4 dated milestones of Localmind across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Localmind is founded.
- Funding First funding round of $50K.
- Funding Latest funding round, Seed, of $600K.
- Exit Acquired by Airbnb.
Competitors of Localmind
Localmind 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 MeetMe, Meetup, Going, Loopt and Pelago, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| meetme.com | 2005 | New Hope, United States | $37.9M | 184 | New people are connected via a GPS-enabled social platform. | |
| meetup.com | 2002 | New York, United States | $9.5M | 83 | People are connected via app-based groups for shared interests. | |
| going.com | 2005 | Boston, United States | $8.5M | 63 | Flight deals and price alerts are provided by Going. | |
| loopt.com | 2005 | Mountain View, United States | $39.1M | 56 | Selective location sharing is enabled via a social networking app. | |
| pelago.com | 2005 | Seattle, United States | $15M | – | Location-based service | |
| trippy.com | 2011 | Deerfield, United States | $5.25M | – | Travel Q&A is facilitated through an online social platform. | |
| pod.io | 2009 | Manhattan Beach, United States | $7.5M | – | Professionals are connected with similar interests on this social platform. | |
| explorest.com | 2017 | San Francisco, United States | $170,000 | – | Location-based photos are shared and discovered via mobile app. | |
| reunion.com | 1995 | Santa Monica, United States | $25M | – | Personal search engine & social networking platform |
Detailed competitors of Localmind
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 Localmind
10 companies that operate in the same segment as Localmind (Online Travel), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 4,543 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | – |
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Frequently Asked Questions about Localmind
Localmind was founded in 2010.
Localmind is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Localmind is a funded company, having raised a total of $650K across 2 funding rounds to date. The company's 1st funding round was a Seed of $50K, raised on Nov 2010.
Localmind was founded in 2010 in San Francisco, United States, within the technology sector focused on location-based services. Operations involve connecting users anonymously to individuals at specific global locations, enabling real-time questions and responses about on-site conditions. This service facilitates temporary, location-specific interactions without user identification. The company was acquired by Airbnb in 2012.
Localmind has 5 investors. Key investors include Airbnb, Granite Ventures, Inovia Capital, Real Ventures, and Year One Labs.
Yes. Localmind was acquired by Airbnb in December 2012.