Touch Local

London, United Kingdom Founded: 2004 • Age: 22 yrs
Local B2B listing platform
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About Touch Local

Touch Local is a company based in London (United Kingdom) founded in 2004.. Touch Local has raised $26.98 million across 4 funding rounds from investors including Balderton Capital, BMS Finance and Benchmark. The company has 68 employees as of December 31, 2020. Touch Local offers products and services including Business Directory. Touch Local operates in a competitive market with competitors including Faire, Reevooy, Creoate, Neteven and Product Guru, among others.

  • Headquarter London, United Kingdom
  • Employees 68 as on 31 Dec, 2020
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Touch Local Limited
  • Date of Incorporation 07 Jan, 1994
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
    $8.4 M (USD)
    12
    as on Dec 31, 2018
  • Net Profit
    $-3.76 M (USD)
    -76
    as on Dec 31, 2018
  • EBITDA
  • Total Equity Funding
    $26.98 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.96 M (USD), Debt – Conventional

    Jun 18, 2012

  • Investors
  • Employee Count
    68

    as on Dec 31, 2020

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Products & Services of Touch Local

Touch Local offers a comprehensive portfolio of products and services, including 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.

Primary

Online service for listing and searching local businesses

Funding Insights of Touch Local

Touch Local has successfully raised a total of $26.98M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.96 million completed in June 2012. 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
  • Total Rounds 4
  • Last Round Debt – Conventional — $2.0M
  • First Round

    (01 Jan 2006)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2012 Amount Debt – Conventional - Touch Local Valuation

investors

Jan, 2008 Amount Series B - Touch Local Valuation

investors

Jul, 2007 Amount Series A - Touch Local Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Touch Local

Touch Local has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Balderton Capital, BMS Finance and Benchmark. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multistage venture capital investments are focused on technology sectors.
Founded Year Domain Location
Venture capital investments are offered to promising startups.
Founded Year Domain Location
Term loans are provided to SMEs by BMS Finance.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Touch Local

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Touch Local

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Touch Local Comparisons

Employees
+
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Competitors of Touch Local

Touch 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 Faire, Reevooy, Creoate, Neteven and Product Guru, 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
Multi-category products are supplied to retailers through a B2B marketplace.
domain founded_year HQ Location
An online platform for digital sourcing by businesses is provided.
domain founded_year HQ Location
Multi-category products are provided via an online B2B wholesale marketplace.
domain founded_year HQ Location
Distribution on online marketplaces is facilitated via SaaS software.
domain founded_year HQ Location
Platform for brands to connect with retailers via events, campaigns, and market intelligence.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Touch Local

Frequently Asked Questions about Touch Local

When was Touch Local founded?

Touch Local was founded in 2004 and raised its 1st funding round 2 years after it was founded.

Where is Touch Local located?

Touch Local is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Touch Local a funded company?

Touch Local is a funded company, having raised a total of $26.98M across 4 funding rounds to date.

How many employees does Touch Local have?

As of Dec 31, 2020, the latest employee count at Touch Local is 68.

What is the annual revenue of Touch Local?

Annual revenue of Touch Local is $8.4M as on Dec 31, 2018.

What does Touch Local do?

Touch Local was established in 2004 in London, United Kingdom, as a local B2B listing platform. Businesses, tradesmen, and service providers are searched, reviewed, rated, and recommended by users through the service. Operations focus on facilitating connections within the local economy, with monetization derived from paid online promotion services for listed entities. The platform serves the United Kingdom market primarily.

Who are the top competitors of Touch Local?

Touch Local's top competitors include Faire, Reevooy and Creoate.

What products or services does Touch Local offer?

Touch Local offers Business Directory.

Who are Touch Local's investors?

Touch Local has 3 investors. Key investors include Balderton Capital, BMS Finance, and Benchmark.

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