About LocalTwist
LocalTwist is a company based in San Diego (United States) founded in 2010 was acquired by BuyWithMe in March 2011.. LocalTwist operates in a competitive market with competitors including BuyWithMe, TIPPR.com, GoodTwo, BoomStreet and Shop Ditto, among others.
- Headquarter San Diego, United States
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Sectors
Retail
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Phone
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Website
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Social
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Funding Insights of LocalTwist
| 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 LocalTwist
LocalTwist has secured backing from 1 investor. Prominent investors backing the company include BuyWithMe. 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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Daily deals and group buying website
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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 LocalTwist
| 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 - LocalTwist
| 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 |
Localtwist Comparisons
Competitors of LocalTwist
LocalTwist 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 BuyWithMe, TIPPR.com, GoodTwo, BoomStreet and Shop Ditto, 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 |
Daily deals and group buying website
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| domain | founded_year | HQ Location |
Group buying site featuring deals from local businesses
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| domain | founded_year | HQ Location |
Fundraising for non-profits is enabled through group buying deals.
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| domain | founded_year | HQ Location |
Multi-category daily deals are offered through local business partnerships.
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| domain | founded_year | HQ Location |
Beauty product deals are facilitated through app-based group buying.
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| domain | founded_year | HQ Location |
Hyperlocal group discounts on restaurants and travel are offered.
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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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Frequently Asked Questions about LocalTwist
When was LocalTwist founded?
LocalTwist was founded in 2010.
Where is LocalTwist located?
LocalTwist is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
What does LocalTwist do?
LocalTwist was established in 2010 in San Diego, United States, as a daily deals platform focused on local services. Deals from restaurants, bars, and spas are listed, becoming active only after a minimum number of purchases. The platform was launched by LifeStreet Media, a Facebook-based ad network, and acquired by BuyWithMe in 2011 to support expansion into California markets. Operations center on facilitating group buying for regional vendors.
Who are the top competitors of LocalTwist?
Who are LocalTwist's investors?
LocalTwist has 1 investor. Key investors include BuyWithMe.