About Locals
Locals is a company based in London (United Kingdom) founded in 2020 by Timon Afinsky, Eugene Nevgen, Natalia Vodianova, and Sergey Gonchar. It operates as a SaaS (Software-as-a-Service) and Two-Sided Marketplace. Locals has raised $11 million across 1 funding round from investors including Formic Ventures, Goodwater Capital and TheSoul Publishing. The company has 4 employees as of July 31, 2022. Locals offers products and services including Community Platform, Event Management Tools, and Ticketing and Payments. Locals operates in a competitive market with competitors including Rigi, Catch+Release, Passes, TipTip and TagMango, among others.
- Headquarter London, United Kingdom
- Employees 4 as on 31 Jul, 2022
- Founders Timon Afinsky, Eugene Nevgen, Natalia Vodianova, Sergey Gonchar
-
Sectors
Media & Entertainment
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Locals Ltd.
-
Annual Revenue
Not available
-
Net Profit
-$818.53 (USD)0as on Jul 31, 2022
-
EBITDA
Not available
-
Total Equity Funding
$11 M (USD)
in 1 rounds
-
Latest Funding Round
$11 M (USD), Seed
Jul 18, 2023
-
Investors
Formic Ventures
& 3 more
-
Employee Count
4
as on Jul 31, 2022
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 Locals
Locals offers a comprehensive portfolio of products and services, including Community Platform, Event Management Tools, and Ticketing and Payments.
A platform for building and monetizing communities online.
Tools for hosting and managing community events effectively.
Integrated system for selling tickets and memberships easily.
Funding Insights of Locals
Locals has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Seed round of $11 million completed in July 2023. 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 Locals
Locals has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Formic Ventures, Goodwater Capital and TheSoul Publishing.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments in early-stage biotech startups are made by Formic Ventures.
|
Locked | Locked | Locked | |
|
Investments in consumer tech sectors are managed by Goodwater Capital.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for Locals
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 Locals
Investment portfolio details for Locals
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 - Locals
Detailed financials for Locals
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.
Locals Comparisons
Peer comparison for Locals
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 Locals
Locals 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 Rigi, Catch+Release, Passes, TipTip and TagMango, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Platform offering to create & sell online courses
|
|
| Locked | Locked | Locked |
User-generated content is licensed to brands through an online platform.
|
|
| Locked | Locked | Locked |
Monetization-based social platform for content creators
|
|
| Locked | Locked | Locked |
Content creators are enabled to monetize via a social platform.
|
|
| Locked | Locked | Locked |
Personalized video messages and calls from celebrities are provided online.
|
|
| Locked | Locked | Locked |
Music is promoted online by connecting musicians with influencers.
|
Detailed competitors of Locals
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 Locals
Complete news archive for Locals
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 Locals
Locals was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Locals is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Eugene Nevgen is the current CEO of Locals. They have also founded this company.
Locals is a funded company, having raised a total of $11M across 1 funding round to date.
As of Jul 31, 2022, the latest employee count at Locals is 4.
A digital platform is offered by Locals for individuals and groups to build, organize, and monetize communities. Solutions are provided for event hosting, ticketing, payments, and analytics to foster engagement. The service is utilized across various sectors, including fitness, neighborhood organizing, and personal development, enabling real-world connections in a trusted online environment.
Locals's top competitors include Rigi, Personal AI and Passes.
Locals offers Community Platform, Event Management Tools, and Ticketing and Payments.
Locals has 4 investors. Key investors include Formic Ventures, Goodwater Capital, TheSoul Publishing, and Michael Antonov.