About The Local
The Local is a company based in Stockholm (Sweden) founded in 2004. The Local has raised $1.6 million across 2 funding rounds from investors including European Union. The Local offers products and services including News Platform, Job Listings Service, and Membership Program. The Local operates in a competitive market with competitors including Axios, Wirtualna Polska, Sina, TechCrunch+ and Mic, among others.
- Total Equity Funding$1.6M (USD)
in 2 rounds
- Latest Funding Round$106.23K (USD), Grant
Jan 2019
- Investors
Products & Services of The Local
The Local offers a comprehensive portfolio of products and services, including News Platform, Job Listings Service, and Membership Program.
Online platform for news and guides targeted at expats
Service for posting and finding jobs in Europe
Program offering access to exclusive content and updates
Apps and channels of The Local
The Local publishes 2 mobile apps with over 50K+ downloads.
Funding Insights of The Local
The Local has successfully raised a total of $1.6M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $106.23 thousand completed in January 2019. 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 $1.6M
- Total Rounds 2
- Last Round Grant — $106,235
- First Round $1.6M
(Apr 2011)
- Investors Count 1
All 2 funding rounds of The Local 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 |
|---|---|---|---|---|---|
| Jan 2019 | $106,235 | Grant | – | – | |
| Apr 2011 | $1.6M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in The Local
The Local has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for The Local
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.
People of The Local
2 people are tracked at The Local (2 in leadership).
| Name | Role | Group |
|---|---|---|
James Savage | CEO | Leadership |
Dusan N. | Chief Technology Officer | Leadership |
Complete people profiles for The Local
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of The Local
3 dated milestones of The Local across 15 years, from founding to its latest funding, stage changes and deals.
- Founded The Local is founded.
- Funding First funding round of $1.6M.
- Funding Latest funding round, Grant, of $106K.
Competitors of The Local
The Local 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 Axios, Wirtualna Polska, Sina, TechCrunch+ and Mic, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| axios.com | 2016 | Arlington, United States | $30M | 356 | Multi-category news is delivered through an app-based platform. | |
| wp.pl | 1995 | Warsaw, Poland | – | – | Digital news portal | |
| sina.com.cn | 1998 | China | – | – | Provider of product testing and review services | |
| techcrunch.com | 2005 | San Francisco, United States | – | – | Multi-category news on technology and startups is provided online. | |
| mic.com | 2011 | New York, United States | $59.53M | 524 | Mic is operated as a digital media platform for news and culture. | |
| huffpost.com | 2005 | New York, United States | $37M | – | Digital news and opinion content are published online by HuffPost. | |
| qq.com | 1999 | Shenzhen, China | – | – | Multi-category news is delivered through an online platform. | |
| spiegel.de | 1994 | Hamburg, Germany | – | – | Multi-category news is delivered through an Android app platform. | |
| scroll.in | 2012 | Cambridge, United States | $32.35M | 8 | Multi-category news is provided via the Scroll.in online platform. |
Detailed competitors of The Local
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.
Web traffic of The Local
The website of The Local (thelocal.com) receives about 87.3K visits a month.
- Monthly visits87.3K
▲ 10% vs previous month
Websites whose visitors overlap most with The Local. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bbc.co.uk | bbc.co.uk | 100% | – | #80 | – |
| theguardian.com | 99% | 338.1M | #159 | View details | |
| independent.co.uk | 91% | 69M | #907 | View details | |
thesun.co.uk | thesun.co.uk | 83% | – | #1,118 | – |
thetimes.co.uk | thetimes.co.uk | 78% | – | #45,273 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for The Local
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 26 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to The Local
10 companies that operate in the same segment as The Local (DTC Media Innovators), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified gaming and sports media platforms are operated and developed. | 1999 | Mumbai, Maharashtra, India | USD 127.93 M | USD 194.94 M | 63 | |
News media platform for soccer | 2008 | Berlin, Berlin, Germany | USD 320.1 M | – | – | |
Multi-category news is delivered through an app-based platform. | 2016 | Arlington, Virginia, United States | USD 30 M | – | 356 | |
News media platform covering combat sports | 2011 | Singapore | USD 386 M | – | – | |
Multi-category news is curated and delivered in multiple languages. | 2009 | Bengaluru, Karnataka, India | USD 129.01 M | – | 942 | |
Hyperlocal short news app is provided in multiple languages. | 2014 | Hyderabad, Telangana, India | USD 30.77 M | USD 5.35 M | 309 | |
Online platform publishing content focusing on investment | 2011 | Chicago, Illinois, United States | USD 60.4 M | – | – | |
Subscription-based sports media is delivered to local premium audiences. | 2016 | Chicago, Illinois, United States | USD 134.42 M | – | – | |
Multiple online media and lifestyle brands are owned and operated. | 2007 | Levallois-perret, Hauts-de-seine, France | USD 4.7 M | – | – | |
Sports commentary and news are provided through Hupu's platform. | 2004 | Shanghai, China | USD 338.72 M | – | – |
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Frequently Asked Questions about The Local
The Local was founded in 2004 and raised its 1st funding round 7 years after it was founded.
The Local is headquartered in Stockholm, Sweden.
James Savage is the current CEO of The Local.
The Local is a funded company, having raised a total of $1.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Apr 2011.
A network of English-language national news sites in Europe has been operated by The Local since its founding in 2004. Content is produced by staff journalists, freelancers, and users for sites in Sweden, Germany, France, Switzerland, and Norway. The company is headquartered in Stockholm, Sweden, and focuses on delivering localized news coverage across these regions.
The Local's top competitors include Axios, QQ and Wirtualna Polska.
The Local offers News Platform, Job Listings Service, and Membership Program.
The Local has 1 investor. Key investors include European Union.
The Local operates through The Local Europe Ab.
Yes. The Local publishes The Local - News in English and 1 more app, with over 50,000 downloads.