About LociLabs
LociLabs is a company based in Manchester (United Kingdom) founded in 2019 was acquired by Clearway in September 2024.. LociLabs offers products and services including Machine Learning Solutions, inView Alarm System, and Tour de Vidéosurveillance. LociLabs operates in a competitive market with competitors including Sparkwear, Yodel Labs Inc, GlycoTrem, Safe Spacer and Safercontact, among others.
- Headquarter Manchester, United Kingdom
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Sectors
Technology
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Email
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- Legal Name Locilabs Limited
- Date of Incorporation 03 Apr, 2019
- Jurisdiction MELTON MOWBRAY, LEICESTERSHIRE, ENGLAND
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Products & Services of LociLabs
LociLabs offers a comprehensive portfolio of products and services, including Machine Learning Solutions, inView Alarm System, and Tour de Vidéosurveillance. 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.
Develops models for data analysis and business optimization
Provides perimeter alarm for temporary site protection
Offers video monitoring for real-time security alerts
Funding Insights of LociLabs
| 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 |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in LociLabs
LociLabs has secured backing from 1 investor. Prominent investors backing the company include Clearway. 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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Provider of property management, temporary CCTV installations and alarm response monitoring
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by LociLabs
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LociLabs
| 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 |
Locilabs Comparisons
Competitors of LociLabs
LociLabs 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 Sparkwear, Yodel Labs Inc, GlycoTrem, Safe Spacer and Safercontact, 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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Offers wearable devices for effective social distancing enforcement.
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Delivers comprehensive solutions for contact tracing tags and monitoring.
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Offers smart devices for monitoring fatigue and hypoglycemia to improve health outcomes.
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Provides a wearable device for monitoring social distancing effectively.
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Provides anonymous proximity monitoring for employee health and business operations.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Locilabs
Frequently Asked Questions about LociLabs
When was LociLabs founded?
LociLabs was founded in 2019.
Where is LociLabs located?
LociLabs is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Who is the current CEO of LociLabs?
Chris Stretton is the current CEO of LociLabs.
What does LociLabs do?
LociLabs was founded in 2019 in Manchester, United Kingdom, focusing on wearable technology in the health and safety sector. SafeSpace devices are offered as a solution for maintaining social distances. Proximity to other wearers is continuously monitored and recorded by the devices, with alerts issued when individuals approach too closely. Real-time notifications are delivered directly to users to support compliance in various settings.
Who are the top competitors of LociLabs?
LociLabs's top competitors include Sparkwear, Yodel Labs Inc and GlycoTrem.
What products or services does LociLabs offer?
LociLabs offers Machine Learning Solutions, inView Alarm System, and Tour de Vidéosurveillance.
Who are LociLabs's investors?
LociLabs has 1 investor. Key investors include Clearway.
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