About Localyte
Localyte is a company based in San Mateo (United States) founded in 2007 was acquired by NileGuide in May 2010.. Localyte offers products and services including Localyte App and Business Directory. Localyte operates in a competitive market with competitors including Swimply, Kimkim, TrovaTrip, Verlocal and SideTour, among others.
- Headquarter San Mateo, United States
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Sectors
Travel & Hospitality
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Phone
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Website
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Social
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Products & Services of Localyte
Localyte offers a comprehensive portfolio of products and services, including Localyte App and Business Directory. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for selling gift cards and managing events for local businesses
Free platform to list and promote local businesses online
Funding Insights of Localyte
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Localyte
Localyte has secured backing from 1 investor. Prominent investors backing the company include NileGuide. 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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Online travel guides for global destinations are curated by locals.
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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 Localyte
| 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 - Localyte
| 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 |
Localyte Comparisons
Competitors of Localyte
Localyte 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 Swimply, Kimkim, TrovaTrip, Verlocal and SideTour, 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 |
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| domain | founded_year | HQ Location |
Local pools are booked hourly via an online marketplace.
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Personalized trips are planned and booked online with local experts.
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Peer-hosted tours and activities are discovered and booked online.
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| domain | founded_year | HQ Location |
Tours and activities are booked via an online peer-to-peer marketplace.
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Marketplace for Tour Experiences
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Booking solutions for fishing charters and outdoor activities are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Localyte
When was Localyte founded?
Localyte was founded in 2007.
Where is Localyte located?
Localyte is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
What does Localyte do?
Localyte was established in 2007 in San Mateo, United States, as a peer-to-peer platform within the travel technology sector. Connections between travelers and local individuals are facilitated to enable authentic experiences at destinations worldwide. Operations are supported through a website that maintains a community exceeding 40,000 members across more than 170 countries, focusing on direct, location-based interactions.
Who are the top competitors of Localyte?
What products or services does Localyte offer?
Localyte offers Localyte App and Business Directory.
Who are Localyte's investors?
Localyte has 1 investor. Key investors include NileGuide.
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